Medvelle

Overview

Medvelle is a procurement platform for aesthetic practices and medical spas listed in the Apollo NYC AI directory[1]. The platform allows aesthetic businesses to order supplies from multiple vendors through a single interface with automated inventory management[2][3]. Medvelle serves customers ranging from single-location owner-operators to multi-state operators, national franchises, and private equity-backed aesthetic management service organizations[8].

According to the company, six of the ten largest aesthetic MSOs in the United States use Medvelle to manage inventory and procurement[4]. The platform works with over 600 trusted suppliers[5] and claims to compare 300 or more suppliers while reviewing 20 or more different suppliers per order[5]. Medvelle states that customers achieve over 20 percent in discretionary cost savings and an 80 percent reduction in order times[5], with typical savings reaching 25 percent on discretionary supply spend[7]. The company also claims customers save 50 or more hours per month through automated tracking and ordering[6].

Growth & traction

Medvelle states that "Six of the ten largest aesthetic MSOs in the US use Medvelle to manage their inventory and procurement." [4]

Medvelle publishes "+600 Trusted Suppliers," says it compares 300+ suppliers and reviews 20+ different suppliers per order, and claims over 20% in discretionary cost savings and an 80% reduction in order times. [5]

On its Why Medvelle page the company claims customers "Cut Discretionary Costs over 20%" and "Save 50+ Hours per Month" through automated tracking and ordering. [6]

Medvelle says it "typically delivers 25% savings on the discretionary supply spend the platform touches, roughly 20% of total COGS," and pays suppliers directly before invoicing the client so every order and supplier invoice is verified against contracted pricing. [7]