What Medvelle does

Medvelle is an AI-powered procurement and inventory management platform purpose-built for the aesthetic medical industry. Founded in 2019 and headquartered at 575 5th Avenue in New York, the company operates a unified platform comprising five integrated modules: Medvelle Ordering (AI-powered procurement engine), Inventory Management (real-time stock tracking and forecasting), Finance (consolidated invoicing and financial controls), Suppliers (vendor network management), and Analytics (business intelligence and insights). The platform serves multi-location aesthetic operators including Management Service Organizations (MSOs), franchise groups, PE-backed consolidators, corporate networks, and owner-operators across dermatology, medical aesthetics, cosmetic surgery, and spa verticals.

The platform connects customers to a network of 600+ suppliers — including Tier-1 brands such as Galderma, McKesson, Inmode, Sciton, Revance, Medline, SkinCeuticals, and Skinbetter — and is powered by an AI recommendation engine that automates approximately 80% of orders based on real-time usage data and predictive analytics. Additional AI capabilities include utilization forecasting, inventory shrinkage anomaly detection, automatic receipt recognition, and spend optimization. The platform processes structured operational data (inventory levels, order history, supplier pricing, product usage metrics) to generate recommendations, forecasts, and audit-ready financial reports. Medvelle claims adoption by 6 of the 10 largest US aesthetic MSOs and reports customer outcomes including 20%+ discretionary cost savings, 80% reduction in order time, 90% procurement error reduction, and 50+ hours saved per month per operator.

The business operates a B2B SaaS model with quote-based enterprise pricing that scales with location count, suppliers managed, and feature modules selected, billed on an annual cadence. Go-to-market is enterprise field sales targeting large aesthetic MSOs, franchise groups, and corporate networks through consultation-driven demos (booked via Calendly). The company is privately held, with no disclosed funding rounds, revenue figures, or headcount data, and no institutional investor ownership is publicly disclosed. Medvelle is built on commodity cloud infrastructure (AWS, Google Cloud, Firebase) and integrates with enterprise tools including Salesforce, NetSuite, Typeform, and banking partners (Chase, Bank of America).

Name

Medvelle

Legal name

Medvelle

Website

https://medvelle.com

Company type

Private

Founded year

2019

Operating status

Operating

Headcount range

1–10 employees

Short description

Medvelle is an AI-powered procurement and inventory management platform for aesthetic medical practices, connecting multi-location operators to 600+ suppliers and automating ~80% of orders through AI-driven recommendations. It serves MSOs, franchise groups, and PE-backed aesthetic consolidators with enterprise SaaS pricing.

Ownership category

akta.pro rank

Product category

Procurement and Inventory Management Software

NAICS

Software Publishers (513210)

SIC

Services-Prepackaged Software (7372)

akta.pro primary industry

Medication Inventory, Procurement & Supply Chain (Pharmacy) (HLACAKAI)

Keywords

• Inventory management software
• Procurement automation
• Aesthetic supply platform
• Spend analytics
• Vendor management

Headquarters

HQ city

New York

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

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

Revenue model

1. SaaS Platform Subscription: Medvelle operates as an AI-powered procurement and inventory management platform for aesthetic businesses. The platform appears to charge for access to its ordering, inventory management, finance, and analytics tools, likely on a subscription basis with enterprise pricing tailored to location count and scope.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Medvelle is an AI-powered inventory and procurement platform built for aesthetic practices (med spas, dermatology, cosmetic surgery, franchises, and MSOs). It centralizes ordering across 600+ suppliers, automates approximately 80% of orders through an AI-driven recommendation engine, and provides real-time inventory tracking, consolidated invoicing, and analytics for multi-location operators.

Product overview

Medvelle is an all-in-one operating system for inventory and procurement in the aesthetics industry, delivered as a unified platform with five integrated modules: Medvelle Ordering (AI-powered procurement engine), Medvelle Inventory Management (real-time stock tracking and forecasting), Medvelle Finance (consolidated invoicing and financial controls), Medvelle Suppliers (vendor network management), and Medvelle Analytics (business intelligence and insights). The platform is powered by an AI recommendation engine that automates ~80% of orders and compares pricing across 600+ suppliers to deliver cost savings.

Differentiator

Problem solved

Functional benefit

Brands

• Medvelle Ordering: AI-powered procurement platform that centralizes ordering across all suppliers and product categories.
• Medvelle Inventory Management
• Medvelle Finance
• Medvelle Suppliers
• Medvelle Analytics

Products and services

• Medvelle Ordering AI-powered smart procurement platform that centralizes ordering across all suppliers and product categories, providing intelligent order recommendations based on real-time usage and predictive analytics for aesthetic practices.
• Medvelle Inventory Management Real-time inventory tracking and intelligent forecasting system that provides visibility into stock levels, automates alerts for low stock and discrepancies, and enables automatic receipt recognition upon order delivery for aesthetic businesses.
• Medvelle Finance Financial management module that consolidates invoices across all suppliers, provides spend visibility by category and location, tracks margins per treatment, and generates audit-ready financial reports for multi-location aesthetic operators.
• Medvelle Suppliers Supplier network management platform providing total visibility across all orders, real-time tracking and fulfillment updates, dedicated procurement specialists, vendor-level insights, and preferential pricing on medical consumables for aesthetic practices.
• Medvelle Analytics Business intelligence and reporting platform providing service-level profit analytics, inventory shrinkage tracking, purchasing behavior insights, and utilization forecasting with customizable views for operations, finance, and leadership of aesthetic businesses.

Quantifiable outcome

• 20%+ discretionary cost savings
• +5 more outcomes

Named customers5 records

Segments12 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability7 records

Feature7 records

Partnerships

Eleven partnerships are on record, tiered core.

• SkinCeuticalscoreOthersLeading skincare brand supplier integrated into Medvelle's supplier network, providing aesthetic practices access to professional skincare products through Medvelle's centralized ordering platform.
• GaldermacoreOthersMajor aesthetic pharmaceutical company and supplier partner providing injectables and aesthetic products through Medvelle's procurement platform.
• SkinbettercoreOthersPremium skincare brand supplier partner integrated into Medvelle's network for aesthetic practice procurement.
• McKessoncoreOthersMajor medical and aesthetic supplies distributor partner providing medical consumables and office supplies through Medvelle's platform.
• InmodecoreOthersAesthetic device manufacturer whose products are available through Medvelle's supplier network for equipment procurement.
• MedlinecoreOthersMedical supplies manufacturer and distributor partner providing medical consumables through Medvelle's procurement platform.
• dermalogicacoreOthersProfessional skincare brand supplier partner available through Medvelle's centralized ordering for aesthetic practices.
• ZO Skin HealthcoreOthersProfessional skincare brand by Dr. Zein Obagi, integrated as a supplier partner in Medvelle's network.
• Alastin SkincarecoreOthersAesthetic skincare brand supplier partner for Medvelle's procurement platform.
• ScitoncoreOthersLaser and energy-based device manufacturer partner for equipment procurement through Medvelle.
• RevancecoreOthersBiopharmaceutical company specializing in aesthetic injectables, available through Medvelle's supplier network.

Scale indicators10 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• Zenoti: Zenoti is an all-in-one software platform for spas, salons, and med-spas, covering booking, billing, inventory, and marketing. It overlaps with Medvelle on the med-spa customer base and on operational/back-office modules, making it a credible substitute procurement-plus-management suite.
• Boulevard: Boulevard provides business management software for med-spas, salons, and barbershops, including booking, payments, and inventory management. It is directly comparable to Medvelle because it serves the same primary buyer (multi-location aesthetic operators) and overlaps in inventory and operational visibility modules.
• CureMint: CureMint is a cloud-based procurement platform purpose-built for dental groups and healthcare practices, centralizing ordering and invoicing across suppliers. It is directly comparable to Medvelle in its vertical-specific procurement, supplier network, and consolidated-payment value proposition, though CureMint is anchored in dental rather than aesthetics.

Broad incumbents

• SAP Ariba: SAP Ariba is a broad enterprise procurement and supplier-network platform with global reach. Comparable to Medvelle on supplier-network scale and procurement automation, and a credible threat if it packages an aesthetics-specific offering for enterprise operators.
• Mindbody: Mindbody (now part of ClassPass) is an established business management platform for spas, salons, and fitness studios. It serves the same aesthetic and wellness operator base as Medvelle and has the scale and capital to extend into procurement and inventory, posing an incumbent threat.
• Coupa Software: Coupa is a leading enterprise spend management and procurement platform used by large corporations. It is comparable as a procurement and invoicing consolidator, and a vertical aesthetic template from Coupa would directly threaten Medvelle's specialized value proposition.
• Global Healthcare Exchange (GHX): GHX operates a healthcare-focused supply chain and procurement network connecting providers and suppliers at scale. It is comparable to Medvelle as a healthcare supply-chain intermediary and represents the broad-incumbent path by which procurement intelligence could move down-market into aesthetics.

Others

• Keap (Infusionsoft): Keap provides CRM and marketing automation software used by small and mid-sized service businesses including med-spas. While not a procurement peer, it competes for the same operator wallet share and represents an adjacent platform where small aesthetic operators might consolidate their operational tooling.

Emerging players

• Phorest: Phorest is a salon and spa management software platform with strong presence in Europe and growing presence in North America. It overlaps with Medvelle on the spa/salon operator base and increasingly on inventory and supplier-management workflows.
• SyftPro: SyftPro (formerly Syft) provides healthcare supply chain analytics and inventory management for hospitals and providers. It is comparable to Medvelle on real-time inventory visibility and predictive analytics, and could expand into the aesthetics vertical.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/medvelle

Revenue estimate

Valuation estimate

Number of profiles

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 Medvelle