Medea
- Company typePrivate
- Founded1999
- HeadquartersFlorence, Italy
- Headcount1–10
- GTM typeB2B
- OfferingServices
Medea firmographics
Firmographics- Name
- Medea
- Legal name
- Medea S.r.l.
- Website
- https://medeaproject.eu
- Company type
- Private
- Founded year
- 1999
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Ownership category
- akta.pro rank
Where Medea is headquartered
LocationHeadquarters
- HQ city
- Florence
- HQ country
- Italy
- HQ region
- Europe
Offices2 records
Markets served
Medea business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- Innovation Management Services: Professional services for governing innovation in product/service and organizational terms
- Strategic Planning & Fund Raising: Strategic design and fund raising services oriented to innovation processes
- Impact Assessment Services: Impact assessment using proprietary framework to generate evidence and support replication/scalability
- Training and Education Programs: Yearly MEDEA Academy training programs over 4 days covering innovation in health and social services
Go-to-market motion2 records
Distribution channels3 records
Marketing channels5 records
Medea product offering
Product offeringCore offering
Medea is an Italian consultancy that provides innovation management, strategic planning and fund raising, impact assessment, and training services primarily to public administration, research institutions, international clusters, and private enterprises operating in ICT, connected health, and active ageing. The firm coordinates European research and innovation projects, supports replicability and scalability of successful experiences, and delivers training programs such as the annual Medea Academy.
Product overview
Medea is an innovation management consultancy specializing in healthcare and social services. Rather than a unified software product, Medea offers a portfolio of professional services including Innovation Management, Strategic Planning & Fund Raising, Impact Assessment, and Training. Supporting these services are specialized programs: Medea Academy (annual training), Connected Health Summer School (research education), MedICT Lab (joint university research lab), and industry platforms (ACTIVAGE.org association, AIOTI Health Working Group). Medea also participates in EU-funded research projects including ThrombUS+ (wearable DVT monitoring with AI), ETHEREAL (mental health prevention for autism), AGAPE (digital solutions for older adults), and smartHUB (socio-healthcare innovation lab). The company's approach combines innovation design, implementation, sustainability, and scaling methodologies across European healthcare ecosystems.
Differentiator
Problem solved
Functional benefit
Brands
- Medea Academy: Annual training program focused on innovation in health and social services, delivered in collaboration with international partners including Ulster University
Products and services
- Innovation Management Strategic and operational management of innovation processes for products, services, and organizations. Helps clients maintain competitiveness and supports growth of new market segments. Designed for enterprises, research centers, and public entities.
- Strategic Planning & Fund Raising EU-focused project design, strategic planning, and fund raising services for research and innovation projects. Includes consolidated experience in managing complex international initiatives and securing European funding. Targeted at organizations pursuing Horizon Europe, H2020, AAL, and Erasmus+ opportunities.
- Impact Assessment Evidence-based impact assessment of innovative solutions using a validated proprietary framework. Generates proof points and assesses replicability and scalability of successful projects. Used by research consortia and innovation programs needing rigorous impact evaluation.
- Training Programs Professional education and capacity-building programs for human resources development, focused on healthcare and social services innovation domains. Delivered to researchers, project managers, and stakeholders in the connected health ecosystem.
- Medea Academy Annual international training program delivered over 4 days on healthcare innovation topics including AI adoption, enabling technologies, policies, and sustainability. Brings together a multidisciplinary team of experts with early career researchers, project managers, and stakeholders.
- Connected Health Summer School
- MedICT Lab (Medical and Health ICT Laboratory) Joint strategic initiative with the University of Florence that brings together technological and clinical departments to boost development and adoption of innovative ICT solutions in healthcare settings.
- smartHUB Innovation Lab Innovation laboratory for socio-healthcare community services promoting 4.0 assistance solutions through collaboration between University of Florence, USL Toscana Centro, Società della Salute di Firenze, PIN Polo Universitario Città di Prato, and Fondazione CR Firenze.
- ACTIVAGE.org Association European association born from the H2020 ACTIVAGE project to exploit and maximize ownership rights of assets created within ACTIVAGE, promoting innovation in Active & Healthy Aging at European level. Medea is a founding member and holds the vice-presidency.
- AIOTI Health Working Group (Chairship) Health Working Group within the Alliance for IoT and Edge Computing Innovation, chaired by Medea. Supports networking, consortium building, and market opportunities for members in IoT and Edge Computing research, innovation, standardization, and ecosystem building for European businesses.
- ThrombUS+ Research Project Horizon Europe project developing a wearable multimodal system for continuous, operator-independent monitoring of deep vein thrombosis combining compression ultrasonography, electrical impedance plethysmography, and light reflection rheography within smart textile architecture driven by AI. Includes AI-powered serious gaming platform for patient engagement.
- ETHEREAL Research Project Horizon Europe research project developing personalized prevention solutions for mental health disorders in adolescents with autism through epigenetic-genetic-mental health cascade modeling, with a recommendation engine for personalized service delivery.
- AGAPE Project AAL Programme project coordinated by Medea that supports adoption of digital solutions by older adults, caregivers, and policymakers. Includes a methodology and toolkit based on user profiling, personalized coaching, and ecosystem mapping.
Quantifiable outcome
- 8,000 senior people and caregivers enjoying active and healthy ageing services through ACTIVAGE project
- +1 more outcomes
Companies that use Medea
Customer profileNamed customers4 records
Segments4 records
Ideal customer profiles4 records
Medea technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability7 records
Feature2 records
Medea partnerships and signals
Strategic signalPartnerships
Eleven partnerships are on record, tiered core and minor.
- ACTIVAGE.orgcoreACTIVAGE.org is an association born from H2020 ACTIVAGE project (GA No. 732679). MEDEA is founding member and holds vice-presidency through CEO Cristiano Paggetti. The association aims to exploit and maximize ownership rights of assets created within ACTIVAGE, promoting innovation in Active & Healthy Aging sector at European level.
- Alliance for IoT and Edge Computing Innovation (AIOTI)coreMEDEA is full member of AIOTI and chairs the Health Working Group. AIOTI aims to lead, promote, and collaborate in IoT and Edge Computing research and innovation, standardization and ecosystem building for European businesses.
- MedICT Lab (Medical and Health ICT Laboratory)coreJoint laboratory between University of Florence departments (DINFO, DMSC), Healthcare Regional Agency (ARS), USL-TC, Società della Salute di Firenze, JSB Solutions and Medea. Promotes scientific and technological cooperation in socio-healthcare technology support services.
- smartHUB - Fondazione CR FirenzecoresmartHUB is an innovation laboratory for community services promoted by Fondazione CR Firenze, involving University of Florence, USL Toscana Centro, Società della Salute di Firenze, PIN Polo University Prato and MEDEA. Aims to bring innovation in socio-healthcare for 4.0 assistance.
- COVID-19 Italy Vulnerabilities (CIV-N) - WHOminorMEDEA is partner of CIV-N network of WHO for Europe, established May 2020. Network aims to assess COVID-19 impact on elderly and vulnerable populations in Italy to help policy makers identify actions and policies.
- Ulster UniversitycoreStrategic partner for MEDEA Academy collaboration. School of Computing collaborates on education programs for AI adoption in healthcare sector. Received Global Partnership award.
- ETHEREAL Project ConsortiumcoreHorizon Europe project (GA No. 101095568) on personalized prevention of non-communicable diseases in adolescents with autism. Partners include University College Cork, University of Southampton, UMFCD Bucharest, Microlink PC, ENGINEERING, Orthokey. MEDEA responsible for impact assessment.
- PAIR Project ConsortiumminorErasmus+ project on Physical Activity after knee or hip Replacement coordinated by University of Bologna. MEDEA supports in defining KPIs assessment framework and maximizing impact toward EU institutions.
- European Alliance of Medical and Biological Engineering and Science (EAMBES)minorInternational NGO with main objective of improving health, wealth and well-being of European citizens through application of engineering, medical and biological sciences.
- Gerontopole Nouvelle-AquitaineminorCollaboration partner for MEDEA Academy 2023 edition focused on integrated care and sustainability.
- ThrombUS+ Horizon Europe Consortiumcore18 partners across Europe and United States funded by €9,565,763.75 budget co-funded by European Union. Project develops wearable multimodal system for continuous DVT monitoring combining compression ultrasonography, electrical impedance plethysmography, and light reflection rheography with AI.
Scale indicators7 records
Recent moves6 records
Expansion highlights5 records
Medea competitors and assessment
Company assessmentRegional players
- AGE Platform Europe: European network of older persons' organizations advocating for ageing issues and participating in EU R&D projects. Comparable in active-ageing domain and EU-level engagement, but advocacy-driven rather than consulting-driven.
Broad incumbents
- EIT Health: Large European knowledge and innovation community backed by EIT and EU, with a much broader healthcare innovation mandate across Europe. Comparable in topic area but operates at significantly greater scale and with deeper funding pool.
Direct peers
- Technopolis Group: International research and innovation consultancy advising EU institutions, governments, and research organizations on policy, evaluation, and impact assessment. Comparable in serving the same EU R&D ecosystem and offering strategic planning plus evaluation services.
- EHTEL (European Health Telematics Association): Belgium-based not-for-profit fostering digital health transformation in Europe through networking, knowledge sharing, and EU project involvement. Comparable in domain (digital health) and ecosystem role, with similar European policy influence.
- Ticbiomed: Spanish non-profit digital health cluster and consultancy connecting healthcare stakeholders and managing EU-funded projects. Comparable in operating at the intersection of EU funding, digital health, and consortium building for healthcare innovation.
- ECHAlliance: European Connected Health Alliance operating a global network of health ecosystems. Comparable in facilitating connected health/active ageing collaboration across Europe and convening stakeholders for EU-funded project consortia.
- Funka: Swedish accessibility and digital inclusion consultancy participating in EU research projects and advising public bodies on inclusive design. Comparable in being a small specialist consultancy focused on EU-funded digital inclusion/health projects.
- empirica: German research and consultancy firm specializing in ICT for health, active ageing, and eGovernment with deep EU project management experience. Directly comparable to Medea in domain focus, client base (EU institutions, public bodies), and service mix (impact assessment, strategic planning).
Market position
Strengths4 records
Weaknesses4 records
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
Medea social profiles
Digital presenceMedea financial estimates
Financial estimateRevenue estimate
Valuation estimate
Medea leadership team
Management profileNumber of profiles
Profiles1 record
Medea funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Medea M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Medea
What does Medea do?
Medea is an Italian consultancy that provides innovation management, strategic planning and fund raising, impact assessment, and training services primarily to public administration, research institutions, international clusters, and private enterprises operating in ICT, connected health, and active ageing. The firm coordinates European research and innovation projects, supports replicability and scalability of successful experiences, and delivers training programs such as the annual Medea Academy.
Is Medea a public or private company?
Medea is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Medea founded?
Medea was founded in 1999. It employs 1 to 10 people.
Where is Medea based?
Medea is headquartered in Florence, Italy, in the Europe region.
How does Medea make money?
Four revenue lines are on record. Innovation Management Services are the primary driver. The others are strategic Planning & Fund Raising, impact Assessment Services and training and Education Programs.
Who are Medea's main competitors?
AGE Platform Europe is listed as a regional player. EIT Health is listed as a broad incumbent. Direct peers are Technopolis Group, EHTEL (European Health Telematics Association), Ticbiomed, ECHAlliance, Funka and empirica.
Does Medea have an API?
No public API is recorded for Medea.