Medrave

Name

Medrave

Legal name

Medrave Software AB

Website

https://medrave.com

Company type

Private

Founded year

1996

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Product category

Healthcare Quality Improvement Software

NAICS

Software Publishers (5132), Computer Systems Design and Related Services (54151)

SIC

Services-Prepackaged Software (7372), Services-Health Services (8000)

akta.pro primary industry

Virtual Nursing, Telemonitoring & Command Center Platforms (HLACAFAH)

akta.pro secondary industry

Chronic Condition Virtual Care & Disease Management (Payer-Sponsored) (HLALACAE)

Keywords

• Healthcare quality improvement
• EMR data integration
• Clinical benchmarking software
• Primary care analytics
• Healthcare compliance software

Headquarters

HQ city

Stockholm

HQ country

Sweden

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure

Revenue model

1. M4 Platform Licensing: M4 platform installed locally on customer servers with products adapted for different specialist areas in healthcare. Revenue generated through software licensing for health centres, emergency centers, rehabilitation, habilitation, psychiatric care, pediatrics, and child-welfare centres.
2. Prisma Benchmarking Platform: Cloud-based platform for benchmarking using aggregated data. Serves regional management and corporate groups, often used in hybrid with local M4 platform.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

Medrave develops and sells Medrave M4, an on-premise platform that integrates with healthcare customers' EMR systems and is installed locally on their servers to compile medical data into quality improvement information. Medrave Prisma is a separate cloud-based benchmarking platform that handles only aggregated data to enable cross-unit comparisons using over 250 standardized indicators. Together the two platforms enable primary care providers to monitor compliance, identify patients at elevated risk of complications, and benchmark against peers.

Product overview

Medrave offers a platform-plus-products architecture consisting of Medrave M4 as the core on-premise platform and Medrave Prisma as a cloud-based benchmarking layer. M4 integrates with most EMR systems (24 compatible systems) and stays installed locally on customer servers to compile EMR data into quality improvement information. Medrave PvQ is an add-on module within the M4 suite. Prisma aggregates data from M4 installations to enable benchmarking across units using over 250 standardized indicators, but only handles aggregated data while patient-specific data remains on the customer's own server.

Differentiator

Problem solved

Functional benefit

Brands

• Medrave M4: Core platform for local installation on customer servers, enabling healthcare organizations to visualize and compile EMR data for quality improvement. Handles patient data securely within customer's internal network.
• Medrave Prisma

Products and services

• Medrave M4 Medrave M4 is the company's main on-premise platform for healthcare quality improvement. It integrates with most EMR systems and is installed locally on the customer's server, where it compiles EMR data into information that helps prevent complications, ensures guideline compliance for chronic illness patients, and supports a continuous improvement process. M4 also supports benchmarking across health centres and is offered in variants adapted for health centres, emergency centres, rehabilitation, habilitation, psychiatric care, pediatrics, and child-welfare centres.
• Medrave Prisma Medrave Prisma is a cloud-based benchmarking platform that uses aggregated data from M4 installations to enable comparisons between healthcare units. It includes over 250 standardized primary care indicators developed with SALAR, supports quality reports, product planning, and sophisticated analysis, and is targeted at regional management, corporate healthcare groups, and hybrid use alongside local M4 deployments. Only aggregated data is held in Prisma; patient-identifiable data remains on the customer's own server.
• Medrave PvQ Medrave PvQ is part of the M4 product suite, providing quality measurement and reporting capabilities for healthcare customers.

Quantifiable outcome

• 814,585 reports loaded in last 12 months
• +4 more outcomes

Named customers3 records

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

AI capability3 records

Feature5 records

Partnerships

One partnership is on record.

• SALAR (Swedish Association of Local Authorities and Regions)coreStrategic or Co-development PartnerSALAR and Medrave collaborate to visualize the Primary Care Indicators as defined by SALAR. The partnership enables collection and analysis of care data from over 700 healthcare centres nationwide in one application, making Prisma a basic prerequisite for primary care quality in Sweden.

Scale indicators11 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• Cambio Healthcare Systems: Swedish EMR and clinical decision support vendor serving Nordic healthcare providers. Directly comparable to Medrave as a Nordic health-IT specialist selling software that integrates with provider workflows.
• Evimeria EMR: Norwegian EMR company within the Carasent group alongside Medrave. Direct peer in Nordic EMR-adjacent software for primary care providers.
• Orion Health: Population health management and clinical analytics vendor for health systems. Comparable to Medrave's Prisma-style aggregated benchmarking and chronic-condition management focus.
• Health Catalyst: US-based clinical analytics and outcomes-improvement platform for health systems. Directly comparable to Medrave Prisma in aggregating clinical data for quality benchmarking and population health use cases.

Broad incumbents

• Tietoevry Healthcare: Large Nordic IT vendor with a healthcare division serving regional authorities and hospitals. Overlaps with Medrave's Nordic healthcare software footprint but as part of a much broader portfolio.
• Sectra: Nordic healthcare IT vendor focused on medical imaging and EHR solutions for hospitals and regions. Comparable regional incumbent serving Nordic public-sector healthcare buyers.
• CompuGroup Medical: European healthcare software group with EMR and physician-practice software across multiple countries. Comparable as a European incumbent with primary care software offerings.
• Epic Systems: Dominant US-based EMR vendor with built-in quality and population health modules. Indirect overlap with Medrave as a broad incumbent whose analytics depth could compete for the same healthcare buyer attention.

Regional players

• Inera AB: Swedish public-sector-owned company providing national healthcare IT infrastructure and quality indicators. Overlaps with Medrave's SALAR-linked benchmarking role within Swedish primary care.

Others

• Carasent ASA: Norwegian publicly-listed eHealth parent company that owns Medrave, Evimeria EMR, Metodika, and AvansSoma. Related party rather than direct competitor; relevant for understanding Medrave's ownership and ecosystem.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/MedraveSoftware
• Facebookfacebook.com/MedraveSoftware
• LinkedInlinkedin.com/company/medrave-software

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Medrave