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Radar · Healthcare IT in Canada

Best Healthcare IT Companies in Canada

The 998 best Healthcare IT companies in Canada in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: WELL Health Technologies Corp.

998companies tracked
$3.2Bdisclosed funding
1unicorns
259have raised

Canada's Healthcare IT sector is one of the more quietly consequential tech bets you can track right now, and this directory ranks the best companies in it by disclosed equity funding and recent momentum. We're watching 998 companies with $3.2B in total disclosed funding, one unicorn already on the books, and AlayaCare alone pulling $274M, with CorVista at $126M and Analytics4Life at $101M not far behind.

The global market was sized at roughly $96.9B in 2020 and is forecast to hit $344.1B by 2030 at a 14.1% CAGR, driven by government digitization pushes, mHealth adoption, and genuine demand for automation across care delivery. So where's Canada sitting in that run? Right in the middle of it. Median app install growth across healthcare verticals is running at roughly +16% YoY, and AI's expanding footprint in health infrastructure is accelerating the hot themes here: medical AI, telehealth platforms, and digital consultation tools. Investors like BDC, MaRS Discovery District, and Ontario Centre of Innovation are already positioned deep in this stack.

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FLIAR INTELLIGENCE · HEALTHCARE IT × CANADA

Our analysis of 50 Healthcare IT companies

$2.3b in tracked funding; 76% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2025.

50companies analysed
76%cloud-native stacks
2025funding peak (by rounds)
1unicorns
2016median founding year
349kcombined LinkedIn audience
40%of audience held by top 3
4companies hiring publicly (12 mo)

Ranked: Best Healthcare IT companies in Canada

#CompanyDisclosed fundingLast roundStageEmployeesFounderMarket signals (1y)Patents & IP focusRecent signals
1WELL Health Technologies Corp
Provider of EMR and virtual care tools for providers
53Funding top 22%Market top 31%Product top 35%News top 43%
All 11 signals ▾
Fundingtop 22%
Markettop 31%
Producttop 35%
Newstop 43%
Fin. healthtop 43%
Techtop 44%
Moattop 48%
Talentbottom 49%
Growthbottom 42%
Innovationbottom 37%
Globalbottom 37%
Funding: Raised $839M across 10 rounds · 10 rounds over 8 yrs (1.2/yr)
Market: 1,710 employees (top 3% of HealthTech) · Revenue ~$106M
rank vs industry peers · Fliar Intelligence Index 53/100
$839M28 mo agoPublic1,710Hamed Shahbazi
Founder & CEO & Chairman
10 signals ▼82%
Earnings · Lawsuit
—1 partnership · 2 awards
2PointClickCare 🦄
Cloud-based administrative task management tool for providers
87Tech top 18%Market top 25%Product top 25%Moat top 26%
All 11 signals ▾
Techtop 18%
Markettop 25%
Producttop 25%
Moattop 26%
Growthtop 30%
Customerstop 30%
Fundingtop 32%
Newstop 38%
AItop 45%
Talenttop 49%
Globalbottom 37%
Tech: 69 technologies across 7/8 capability areas · Cloud: Cloudflare
Market: 742 employees (top 7% of HealthTech) · Top-50,000 web property
rank vs industry peers · Fliar Intelligence Index 87/100
$283M65 mo agoLate Stage742Dave Wessinger
Co-Founder & CEO
———
3AlayaCare
Provider of cloud based platform for home healthcare practitioners
76Funding top 13%Customers top 27%Growth top 28%Moat top 31%
All 12 signals ▾
Fundingtop 13%
Customerstop 27%
Growthtop 28%
Moattop 31%
Innovationtop 34%
Producttop 35%
Techtop 38%
AItop 45%
Talentbottom 49%
Marketbottom 48%
Globalbottom 37%
Newsbottom 24%
Funding: Raised $274M across 10 rounds · 10 rounds over 11 yrs (0.9/yr)
Customers: Play-Store rating 4.20★ across 1,946 ratings (3 apps) · Review volume +16% in 6 mo
rank vs industry peers · Fliar Intelligence Index 76/100
$274M3 mo agoSeries D92Adrian Schauer
Founder & CEO
———
4Geneseeq
Providing personalised cancer treatment solutions based on patients genomic profile
55Talent top 28%Funding top 31%Moat top 40%Market bottom 49%
All 5 signals ▾
Talenttop 28%
Fundingtop 31%
Moattop 40%
Marketbottom 49%
Globalbottom 45%
Talent: 4 named leaders on record · 4 C-suite/founder profiles curated
Funding: Raised $128M across 3 rounds · 3 rounds over 12 yrs (0.2/yr)
rank vs industry peers · Fliar Intelligence Index 55/100
$128M77 mo agoSeries D—Xiaonan Wang
Co-Founder & CTO
———
5CorVista
Provider of an AI-based cardiac health diagnosis tool for healthcare professionals
45Funding top 16%Moat top 31%AI top 45%Growth top 48%
All 9 signals ▾
Fundingtop 16%
Moattop 31%
AItop 45%
Growthtop 48%
Talenttop 49%
Techbottom 46%
Globalbottom 39%
Newsbottom 38%
Marketbottom 28%
Funding: Raised $126M across 15 rounds · 15 rounds over 11 yrs (1.4/yr)
Moat: Editorial + unicorn rating 8/10 · Soonicorn
rank vs industry peers · Fliar Intelligence Index 45/100
$126M8 mo agoSeries C19Adrian Lam
CEO
———
6Analytics4Life
Developer of diagnostic platform using AI for cardiovascular disease assessments
57AI top 20%Funding top 31%Talent bottom 49%Global bottom 48%
All 6 signals ▾
AItop 20%
Fundingtop 31%
Talentbottom 49%
Globalbottom 48%
Techbottom 31%
Newsbottom 27%
AI: Classified as an AI company
Funding: Raised $101M across 7 rounds · 7 rounds over 10 yrs (0.7/yr)
rank vs industry peers · Fliar Intelligence Index 57/100
$101M8 mo agoSeries C—Adrian Lam
CEO & President
———
7Smile Digital Health
Provider of health data integration solutions for the healthcare industry
50Funding top 32%Market top 44%Growth top 45%Moat top 48%
All 8 signals ▾
Fundingtop 32%
Markettop 44%
Growthtop 45%
Moattop 48%
Talentbottom 49%
Techbottom 47%
Globalbottom 36%
Newsbottom 18%
Funding: Raised $60.5M across 3 rounds · 3 rounds over 5 yrs (0.6/yr)
Market: 330 employees (top 12% of HealthTech) · Top-5,000,000 web property
rank vs industry peers · Fliar Intelligence Index 50/100
$60M16 mo agoSeries B330Duncan Weatherston
CEO
——1 launch
8PocketHealth
Provider of a cloud-based medical image sharing platform
55Funding top 30%Tech top 35%Talent top 38%Growth top 45%
All 7 signals ▾
Fundingtop 30%
Techtop 35%
Talenttop 38%
Growthtop 45%
Marketbottom 45%
Globalbottom 37%
Newsbottom 27%
Funding: Raised $55.5M across 3 rounds · 3 rounds over 4 yrs (0.8/yr)
Tech: 40 technologies across 4/8 capability areas · Cloud: Azure, Cloudflare
rank vs industry peers · Fliar Intelligence Index 55/100
$56M26 mo agoSeries B—Harsh Nayyar
Co-Founder & CTO
———
9Swift Medical
Provider of AI-based wound care and diagnosis tool
60AI top 30%Moat top 31%Funding top 32%Talent top 38%
All 13 signals ▾
AItop 30%
Moattop 31%
Fundingtop 32%
Talenttop 38%
Techtop 39%
Producttop 40%
Patentstop 42%
Innovationtop 45%
Growthtop 45%
Marketbottom 48%
Globalbottom 40%
Newsbottom 21%
Customersbottom 13%
AI: Classified as an AI company · Product described with: ai-based
Moat: Editorial + unicorn rating 7/10 · IP moat: 10 patents
rank vs industry peers · Fliar Intelligence Index 60/100
$48M28 mo agoSeries B118Sheila Wang
Co-Founder
—10 patents
Medical imaging devices for tissue visualization, especially wound assessment and monitoring.
—
10Vital
Provider of biomarkers for the diagnosis of disease
60Growth top 30%Funding top 34%Talent top 38%Tech top 48%
All 7 signals ▾
Growthtop 30%
Fundingtop 34%
Talenttop 38%
Techtop 48%
Marketbottom 48%
Productbottom 45%
Globalbottom 39%
Growth: Web rank 10,000,000 → 5,000,000 YoY
Funding: Raised $48.0M across 1 rounds · 1 rounds over 3 yrs (0.3/yr)
rank vs industry peers · Fliar Intelligence Index 60/100
$48M34 mo agoSeries A95Farnoud Kazemzadeh
Co-founder
———
11MEDFAR International
Cloud-based clinical practice management system for providers
76Tech top 26%Funding top 28%Market top 37%Talent top 38%
All 8 signals ▾
Techtop 26%
Fundingtop 28%
Markettop 37%
Talenttop 38%
Growthtop 45%
AItop 45%
Globalbottom 32%
Newsbottom 22%
Tech: 54 technologies across 6/8 capability areas · Cloud: Azure, Cloudflare
Funding: Raised $41.9M across 2 rounds · 2 rounds over 5 yrs (0.4/yr)
rank vs industry peers · Fliar Intelligence Index 76/100
$42M42 mo agoLate Stage300Patrick Issid
Co-Founder
———
12HEALWELL AI
AI-enabled decision support tool for healthcare providers
57Partners top 14%News top 22%Product top 30%Innovation top 32%
All 11 signals ▾
Partnerstop 14%
Newstop 22%
Producttop 30%
Innovationtop 32%
Growthtop 37%
Talenttop 37%
Techtop 39%
Fundingtop 42%
Moattop 48%
Marketbottom 41%
Globalbottom 29%
Partners: 7 contract events in 12 mo · Named contractor/client in 7 deals
News: 31 BI events in 12 mo (of 78 tracked, 10 types) · +35% YoY
rank vs industry peers · Fliar Intelligence Index 57/100
$29M24 mo agoAcquired—Alexander Dobranowski
CEO
31 signals ▲35%
Contracts · Leadership · Earnings
——
13Practice Better
Cloud based platform offering nutrition practice management software for wellness professionals
67Tech top 18%Funding top 31%Talent top 38%Growth top 39%
All 10 signals ▾
Techtop 18%
Fundingtop 31%
Talenttop 38%
Growthtop 39%
AItop 45%
Producttop 46%
Customersbottom 44%
Marketbottom 43%
Globalbottom 36%
Newsbottom 21%
Tech: 90 technologies across 7/8 capability areas · Cloud: Amazon Alb, Amazon Cloudfront
Funding: Raised $27.0M across 2 rounds · 2 rounds over 3 yrs (0.7/yr)
rank vs industry peers · Fliar Intelligence Index 67/100
$27M18 mo agoSeries B37Graeme Downes
Co-Founder
———
14Reliq Health
Cloud-based platform for care coordination, remote monitoring, and communication
22Funding top 32%Tech bottom 43%Global bottom 36%News bottom 32%
All 5 signals ▾
Fundingtop 32%
Techbottom 43%
Globalbottom 36%
Newsbottom 32%
Marketbottom 31%
Funding: Raised $19.0M across 6 rounds · 6 rounds over 9 yrs (0.7/yr)
Tech: 21 technologies across 3/8 capability areas · Devops: Nginx
rank vs industry peers · Fliar Intelligence Index 22/100
$19M31 mo agoPublic14————
15DIAGNOS
AI-based eye disease detection tool for providers
48Product top 14%Funding top 24%Innovation top 34%News top 39%
All 11 signals ▾
Producttop 14%
Fundingtop 24%
Innovationtop 34%
Newstop 39%
AItop 45%
Partnersbottom 49%
Talentbottom 49%
Techbottom 43%
Growthbottom 42%
Marketbottom 34%
Globalbottom 30%
Product: 6 distinct product lines · Company stage: Public
Funding: Raised $18.5M across 14 rounds · 14 rounds over 8 yrs (1.8/yr)
rank vs industry peers · Fliar Intelligence Index 48/100
$19M6 mo agoPublic30Andre Larente
CEO
9 signals ▼55%
Funding · Contracts
——
16FluidAI
AI-powered postoperative monitoring device
55Funding top 31%Talent top 38%Moat top 39%AI top 45%
All 7 signals ▾
Fundingtop 31%
Talenttop 38%
Moattop 39%
AItop 45%
Productbottom 48%
Marketbottom 44%
Globalbottom 38%
Funding: Raised $18.5M across 6 rounds · 6 rounds over 8 yrs (0.8/yr)
Talent: 2 named leaders on record · 2 C-suite/founder profiles curated
rank vs industry peers · Fliar Intelligence Index 55/100
$18M11 mo agoSeries A42Amr Abdelgawad
Co-Founder & COO
——1 job opening · 1 partnership
17Treatment
Provider of patient engagement solutions for chronic patients
37Funding top 25%Product top 28%Growth top 35%Moat top 48%
All 7 signals ▾
Fundingtop 25%
Producttop 28%
Growthtop 35%
Moattop 48%
Techbottom 47%
Marketbottom 28%
Globalbottom 25%
Funding: Raised $16.5M across 8 rounds · 8 rounds over 5 yrs (1.6/yr)
Product: 1 published app (300 installs) · Company stage: Public
rank vs industry peers · Fliar Intelligence Index 37/100
$16M10 mo agoPublic19————
18Carebook
Provider of online medical records and patient communication platform
11Funding top 34%Product top 42%Market top 50%Global bottom 45%
All 7 signals ▾
Fundingtop 34%
Producttop 42%
Markettop 50%
Globalbottom 45%
Newsbottom 27%
Techbottom 15%
Growthbottom 10%
Funding: Raised $16.3M across 4 rounds · 4 rounds over 5 yrs (0.8/yr)
Product: 1 published app (3.0k installs) · Company stage: Acquired
rank vs industry peers · Fliar Intelligence Index 11/100
$16M30 mo agoAcquired48————
19Stethophone
Provider of smartphone-based medical stethoscope
35Talent top 28%Growth top 35%Funding top 47%Tech bottom 41%
All 6 signals ▾
Talenttop 28%
Growthtop 35%
Fundingtop 47%
Techbottom 41%
Globalbottom 29%
Marketbottom 25%
Talent: 3 named leaders on record · 3 C-suite/founder profiles curated
Growth: Fresh capital in last 24 mo
rank vs industry peers · Fliar Intelligence Index 35/100
$13M20 mo agoSeed—Nadia Ivanova
Co-Founder
———
20Wise Docs Tech
AI and cloud-based clinical documentation solutions for healthcare professionals
48Funding top 35%Growth top 35%Moat top 39%Tech top 43%
All 8 signals ▾
Fundingtop 35%
Growthtop 35%
Moattop 39%
Techtop 43%
Productbottom 45%
Marketbottom 39%
Globalbottom 36%
Newsbottom 22%
Funding: Raised $12.7M across 4 rounds · 4 rounds over 4 yrs (1.0/yr)
Growth: Fresh capital in last 24 mo
rank vs industry peers · Fliar Intelligence Index 48/100
$13M16 mo agoSeries A42———2 launchs
21Intellijoint
Developer of 3D surgical navigation tools for hip and knee replacements
50Growth top 35%Funding top 38%Tech top 50%Talent bottom 49%
All 7 signals ▾
Growthtop 35%
Fundingtop 38%
Techtop 50%
Talentbottom 49%
Marketbottom 48%
Moatbottom 38%
Globalbottom 36%
Growth: Fresh capital in last 24 mo
Funding: Raised $11.0M across 4 rounds · 4 rounds over 12 yrs (0.3/yr)
rank vs industry peers · Fliar Intelligence Index 50/100
$11M16 mo agoSeries A125Armen Bakirtzian
Co-Founder and CEO
——2 partnerships
22Clinia
Provider of health-grade infrastructure delivering AI-powered search and generative experiences
48Funding top 39%Tech top 43%Growth top 45%AI top 45%
All 8 signals ▾
Fundingtop 39%
Techtop 43%
Growthtop 45%
AItop 45%
Talentbottom 49%
Marketbottom 38%
Globalbottom 29%
Newsbottom 18%
Funding: Raised $10.8M across 3 rounds · 3 rounds over 4 yrs (0.8/yr)
Tech: 24 technologies across 3/8 capability areas · Cloud: Amazon Ses, Amazon Web Services
rank vs industry peers · Fliar Intelligence Index 48/100
$11M29 mo agoSeries A32Simon Bedard
Co-Founder & CEO
——1 partnership
23BlueDot
Provider of infectious disease intelligence platform
48AI top 20%Moat top 39%Funding top 42%Tech top 44%
All 8 signals ▾
AItop 20%
Moattop 39%
Fundingtop 42%
Techtop 44%
Talentbottom 49%
Marketbottom 47%
Globalbottom 37%
Growthbottom 35%
AI: Classified as an AI company
Moat: Editorial + unicorn rating 7/10 · 9 curated direct competitors tracked
rank vs industry peers · Fliar Intelligence Index 48/100
$10M41 mo agoSeries A108Kamran Khan
Founder & CEO
———
24Synthesis
A specialized medical imaging software and solutions provider
21Funding top 39%AI top 45%Tech bottom 46%Talent bottom 45%
All 6 signals ▾
Fundingtop 39%
AItop 45%
Techbottom 46%
Talentbottom 45%
Globalbottom 39%
Marketbottom 16%
Funding: Raised $9.5M across 4 rounds · 4 rounds over 2 yrs (2.0/yr)
AI: Product described with: artificial intelligence
rank vs industry peers · Fliar Intelligence Index 21/100
$10M10 mo agoSeries A—Murray Reicher
CEO
———
25Metaoptima
Provider of skin imaging and analytics platform for medical professionals
53AI top 20%Innovation top 32%Product top 37%Funding top 42%
All 8 signals ▾
AItop 20%
Innovationtop 32%
Producttop 37%
Fundingtop 42%
Techbottom 41%
Globalbottom 40%
Customersbottom 39%
Marketbottom 36%
AI: Classified as an AI company
Innovation: 4 product lines · Deep-tech classification: Artificial Intelligence
rank vs industry peers · Fliar Intelligence Index 53/100
$9M37 mo agoSeries A31———2 job openings · 1 award
26VentriPoint
Heart analysis system
62News top 18%Product top 24%Growth top 25%Partners top 32%
All 10 signals ▾
Newstop 18%
Producttop 24%
Growthtop 25%
Partnerstop 32%
Fundingtop 36%
Globaltop 37%
Techtop 44%
Innovationtop 47%
Moattop 48%
Marketbottom 45%
News: 9 BI events in 12 mo (of 46 tracked, 7 types) · +350% YoY
Product: 1 product launch event in 12 mo · 12 distinct product lines
rank vs industry peers · Fliar Intelligence Index 62/100
$9M16 mo agoPublic——9 signals ▲350%
Announcements · Regulatory · Funding
——
27Adaptiiv
Solution for developing 3D bolus for cancer patients
48Growth top 35%Funding top 38%Talent top 38%Tech top 39%
All 6 signals ▾
Growthtop 35%
Fundingtop 38%
Talenttop 38%
Techtop 39%
Globalbottom 36%
Marketbottom 32%
Growth: Fresh capital in last 24 mo
Funding: Raised $8.6M across 9 rounds · 9 rounds over 10 yrs (0.9/yr)
rank vs industry peers · Fliar Intelligence Index 48/100
$9M10 mo agoSeries B30Alex Dunphy
Co-Founder & CTO
——1 launch
28Proton Intelligence
Provider of a wearable sensor to manage hyperkalemia
40Patents top 25%Innovation top 32%Moat top 32%Growth top 35%
All 9 signals ▾
Patentstop 25%
Innovationtop 32%
Moattop 32%
Growthtop 35%
Talenttop 38%
Fundingtop 43%
Globalbottom 44%
Techbottom 38%
Marketbottom 16%
Patents: 29 patents matched (strict assignee match) · 29 filings since 2022 vs 0 in 2017-21
Innovation: 29 patents (top 43% of patent-holders) · 29 filings since 2022 vs 0 in 2017-21
rank vs industry peers · Fliar Intelligence Index 40/100
$7M17 mo agoSeed—Victor Cadarso
Co-Founder
—29 patents
Implantable ion‑selective electrochemical biosensors for real‑time potassium/electrolyte monitoring
—
29Rocket Doctor
Developer of AI-powered software for physician support and patient care
32Funding top 28%Talent top 38%AI top 45%Tech bottom 38%
All 6 signals ▾
Fundingtop 28%
Talenttop 38%
AItop 45%
Techbottom 38%
Marketbottom 25%
Globalbottom 25%
Funding: Raised $6.6M across 4 rounds · 4 rounds over 1 yrs (4.0/yr)
Talent: 2 named leaders on record · 2 C-suite/founder profiles curated
rank vs industry peers · Fliar Intelligence Index 32/100
$7M4 mo agoPublic—William Cherniak
Co-Founder & CEO
——4 partnerships
30Pathway
Provider of guidance tools for healthcare providers
35Customers top 14%Tech top 34%Product top 42%Moat top 42%
All 12 signals ▾
Customerstop 14%
Techtop 34%
Producttop 42%
Moattop 42%
Fundingtop 43%
Talentbottom 49%
Newsbottom 46%
Patentsbottom 44%
Innovationbottom 41%
Globalbottom 40%
Growthbottom 35%
Marketbottom 32%
Customers: App rating 4.5★ (201 reviews) · Review volume +55% in 6 mo
Tech: 28 technologies across 5/8 capability areas · Cloud: Amazon S3, Amazon Web Services
rank vs industry peers · Fliar Intelligence Index 35/100
$6M31 mo agoAcquired14Jon Hershon
Co-Founder & CEO
—11 patents
Patents concentrated in health & consumer products
—
31ViTAA Medical
Developer of personalized medicine solutions for patients diagnosed with abdominal aortic aneurysms
57AI top 15%Talent top 28%Innovation top 30%Patents top 30%
All 8 signals ▾
AItop 15%
Talenttop 28%
Innovationtop 30%
Patentstop 30%
Fundingtop 48%
Techbottom 41%
Marketbottom 34%
Globalbottom 33%
AI: Holds AI/ML patents (G06N-family CPC)
Talent: 4 named leaders on record · 4 C-suite/founder profiles curated
rank vs industry peers · Fliar Intelligence Index 57/100
$5M17 mo agoSeries A24Randy Moore
Co-Founder
—42 patents
AI-powered imaging analysis and device design for aortic aneurysm diagnosis and treatment
—
32Ai4eyes
Developer of an AI-powered platform for eye care and diagnostics
45Funding top 44%AI top 45%Talent bottom 49%Global bottom 25%
All 4 signals ▾
Fundingtop 44%
AItop 45%
Talentbottom 49%
Globalbottom 25%
Funding: Raised $4.7M across 2 rounds · 2 rounds over 1 yrs (2.0/yr)
AI: Product described with: ai-powered
rank vs industry peers · Fliar Intelligence Index 45/100
$5M5 mo agoSeed—Henry Reis Md
Co-Founder
——1 partnership · 1 award
33AI ML Innovations
Provider of an AI and SaaS-based digital health monitoring platform and device for healthcare providers
42Patents top 19%Innovation top 22%AI top 30%Moat top 32%
All 12 signals ▾
Patentstop 19%
Innovationtop 22%
AItop 30%
Moattop 32%
Producttop 35%
Fundingtop 37%
Partnerstop 37%
Newstop 43%
Growthtop 45%
Globalbottom 37%
Techbottom 24%
Marketbottom 18%
Patents: 48 patents matched (strict assignee match) · 12 filings since 2022 vs 7 in 2017-21
Innovation: 48 patents (top 22% of patent-holders) · 12 filings since 2022 vs 7 in 2017-21
rank vs industry peers · Fliar Intelligence Index 42/100
$4M14 mo agoPublic3—13 signals ▼78%
Funding · Announcements · Contracts
48 patents
Patents concentrated in electrical & electronics
—
34Future Fertility
Provider of predictive image analysis tool for IVF clinics
40AI top 28%Growth top 35%Funding top 42%Moat top 45%
All 10 signals ▾
AItop 28%
Growthtop 35%
Fundingtop 42%
Moattop 45%
Patentstop 46%
Innovationbottom 46%
Marketbottom 36%
Globalbottom 36%
Newsbottom 22%
Techbottom 18%
AI: Holds AI/ML patents (G06N-family CPC) · Product described with: ai-based
Growth: Fresh capital in last 24 mo
rank vs industry peers · Fliar Intelligence Index 40/100
$4M1 mo agoSeries A29——4 patents
Patents concentrated in computing, sensing & instrumentation
1 partnership
35ViewsML
AI-powered platform for drug development and companion diagnostics
21AI top 45%Funding top 46%Talent bottom 49%Global bottom 36%
All 5 signals ▾
AItop 45%
Fundingtop 46%
Talentbottom 49%
Globalbottom 36%
Marketbottom 21%
AI: Product described with: ai-powered
Funding: Raised $3.6M across 1 rounds · 1 rounds over 2 yrs (0.5/yr)
rank vs industry peers · Fliar Intelligence Index 21/100
$4M1 mo agoSeed8Kenneth To
CEO
——1 award
36NovaResp
Developer of AI-enabled CPAP algorithm for sleep apnea patients
21AI top 45%Funding bottom 47%Talent bottom 45%Global bottom 36%
All 5 signals ▾
AItop 45%
Fundingbottom 47%
Talentbottom 45%
Globalbottom 36%
Marketbottom 26%
AI: Product described with: artificial intelligence
Funding: Raised $3.1M across 3 rounds · 3 rounds over 5 yrs (0.6/yr)
rank vs industry peers · Fliar Intelligence Index 21/100
$3M25 mo agoSeed14Hamed Hanafi
Founder & CEO
———
37Cobionix
Manufacturer of a robot for performing routine tasks
50AI top 15%Moat top 31%Growth top 35%Patents top 35%
All 10 signals ▾
AItop 15%
Moattop 31%
Growthtop 35%
Patentstop 35%
Innovationtop 36%
Talenttop 38%
Fundingbottom 46%
Techbottom 40%
Globalbottom 36%
Marketbottom 23%
AI: Holds AI/ML patents (G06N-family CPC)
Moat: Editorial + unicorn rating 7/10 · IP moat: 15 patents
rank vs industry peers · Fliar Intelligence Index 50/100
$3M11 mo agoSeed14Tim Lasswell
Co-Founder
—15 patents
Autonomous robotic platforms for medical imaging, transport, and structural sensing with AI control
—
38EmergConnect
Provider of emergency department performance improvement platform for healthcare systems
32Funding bottom 48%Global bottom 48%Talent bottom 45%Tech bottom 36%
All 4 signals ▾
Fundingbottom 48%
Globalbottom 48%
Talentbottom 45%
Techbottom 36%
Funding: Raised $2.0M across 2 rounds · 2 rounds over 5 yrs (0.4/yr)
Global: Investors from 2 countries beyond Canada
rank vs industry peers · Fliar Intelligence Index 32/100
$2M12 mo agoSeed—Ron Galaev
Founder & CEO
———
39PanGenomic
Online teleconsultation platform for the patients and healthcare providers
24Talent top 28%Product top 35%Funding top 45%Growth bottom 48%
All 7 signals ▾
Talenttop 28%
Producttop 35%
Fundingtop 45%
Growthbottom 48%
Globalbottom 29%
Newsbottom 28%
Marketbottom 24%
Talent: 3 named leaders on record · 3 C-suite/founder profiles curated
Product: 0 product launch events in 12 mo · Company stage: Public
rank vs industry peers · Fliar Intelligence Index 24/100
$2M5 mo agoPublic10Robert Nygren
Co-Founder and Executive Chair
———
40Paperplane Therapeutics
37Growth top 35%Talent top 38%Funding top 45%Tech top 49%
All 6 signals ▾
Growthtop 35%
Talenttop 38%
Fundingtop 45%
Techtop 49%
Globalbottom 36%
Marketbottom 16%
Growth: Fresh capital in last 24 mo
Talent: 2 named leaders on record · 2 C-suite/founder profiles curated
rank vs industry peers · Fliar Intelligence Index 37/100
$2M15 mo agoSeed—Jean-Simon Fortin
Co-Founder & CEO
———
41Radwave Tech
Provider of tracking system for biomedical devices
8Funding top 47%Global bottom 37%Market bottom 22%
All 3 signals ▾
Fundingtop 47%
Globalbottom 37%
Marketbottom 22%
Funding: Raised $1.5M across 3 rounds · 3 rounds over 5 yrs (0.6/yr)
Global: Investors from 1 country beyond Canada
rank vs industry peers · Fliar Intelligence Index 8/100
$1M8 mo agoSeed9————
42Greenspace
Provider of a SaaS-based telehealth platform for mental health providers and patients
48Growth top 35%Tech top 45%Funding top 48%Moat top 48%
All 7 signals ▾
Growthtop 35%
Techtop 45%
Fundingtop 48%
Moattop 48%
Talentbottom 49%
Marketbottom 46%
Globalbottom 36%
Growth: Fresh capital in last 24 mo
Tech: 32 technologies across 4/8 capability areas · Cloud: Amazon Web Services, Cloudflare
rank vs industry peers · Fliar Intelligence Index 48/100
$1M15 mo agoSeries B66Simon Weisz
President and Co-Founder
———
43RetinaLogik
Provider of virtual-reality examination devices for eye care clinics
50Talent top 38%AI top 45%Funding bottom 44%Global bottom 36%
All 4 signals ▾
Talenttop 38%
AItop 45%
Fundingbottom 44%
Globalbottom 36%
Talent: 2 named leaders on record · 2 C-suite/founder profiles curated
AI: Product described with: artificial intelligence
rank vs industry peers · Fliar Intelligence Index 50/100
$1M15 mo agoSeed—Julia Amand
Co-Founder & COO
———
44Dentronic
Developer of robotic arm designed to automate dental assistive tasks
50Talent top 45%Global bottom 48%Funding bottom 47%
All 3 signals ▾
Talenttop 45%
Globalbottom 48%
Fundingbottom 47%
Talent: 2 named leaders on record
Global: Investors from 1 country beyond Canada
rank vs industry peers · Fliar Intelligence Index 50/100
$1M3 mo agoSeed—Soy Choi
Co-Founder
———
45Realize Medical
Developer of VR platform for creating 3D medical models
10Talent bottom 49%Funding bottom 43%Global bottom 32%Market bottom 24%
All 4 signals ▾
Talentbottom 49%
Fundingbottom 43%
Globalbottom 32%
Marketbottom 24%
Talent: 1 named leader on record · 1 C-suite/founder profile curated
Funding: Raised $1.0M across 3 rounds · 3 rounds over 6 yrs (0.5/yr)
rank vs industry peers · Fliar Intelligence Index 10/100
$1M18 mo agoSeed10Justin Sutherland
Co-Founder & CEO
——2 job openings · 2 launchs
46Healthkind
AI-powered tools to enhance clinic-patient communications
42AI top 26%Talent top 38%Moat top 48%Market bottom 40%
All 6 signals ▾
AItop 26%
Talenttop 38%
Moattop 48%
Marketbottom 40%
Fundingbottom 38%
Globalbottom 32%
AI: Classified as an AI company · Product described with: ai-powered, natural language processing
Talent: 2 named leaders on record · 2 C-suite/founder profiles curated
rank vs industry peers · Fliar Intelligence Index 42/100
$899K18 mo agoSeed—Matt Zukowski
Co-Founder & CTO
———
47VoxNeuro
Developer of brain injury and concussion assessment system
22Talent top 38%Moat top 45%Patents top 48%Funding bottom 49%
All 9 signals ▾
Talenttop 38%
Moattop 45%
Patentstop 48%
Fundingbottom 49%
Innovationbottom 48%
Globalbottom 37%
Marketbottom 33%
Techbottom 27%
Newsbottom 22%
Talent: 2 named leaders on record · 2 C-suite/founder profiles curated
Moat: Editorial + unicorn rating 5/10 · IP moat: 5 patents
rank vs industry peers · Fliar Intelligence Index 22/100
$707K15 mo agoSeries A22Kimberly Elliott
Co-Founder & Chief Operating Officer
—5 patents
Digital interfaces for administering and managing neurocognitive assessment tools
—
48TENZR
Online platform providing devices for physical therapy rehabilitation
35Growth top 35%Tech top 48%Product bottom 45%Funding bottom 42%
All 6 signals ▾
Growthtop 35%
Techtop 48%
Productbottom 45%
Fundingbottom 42%
Globalbottom 38%
Marketbottom 32%
Growth: Fresh capital in last 24 mo
Tech: 18 technologies across 5/8 capability areas · Cloud: Cloudflare, Google Cloud
rank vs industry peers · Fliar Intelligence Index 35/100
$400K18 mo agoSeed24————
49Marion Surgical
Virtual training platform for surgeons to learn, collaborate and practice procedures
13Product top 43%Moat top 45%Talent bottom 49%Innovation bottom 42%
All 9 signals ▾
Producttop 43%
Moattop 45%
Talentbottom 49%
Innovationbottom 42%
Patentsbottom 39%
Globalbottom 37%
Fundingbottom 36%
Techbottom 35%
Marketbottom 23%
Product: 6 distinct product lines · Company stage: Seed
Moat: Editorial + unicorn rating 5/10 · IP moat: 5 patents
rank vs industry peers · Fliar Intelligence Index 13/100
$381K18 mo agoSeed7Ben Sainsbury
CEO
—5 patents
VR surgical simulation platforms providing haptic‑feedback instrument training
—
50Medscint
Digital radiotherapy dosimetry solutions for providers
32Talent top 38%Moat top 45%Patents top 48%Innovation top 49%
All 7 signals ▾
Talenttop 38%
Moattop 45%
Patentstop 48%
Innovationtop 49%
Fundingtop 49%
Marketbottom 37%
Globalbottom 31%
Talent: 2 named leaders on record · 2 C-suite/founder profiles curated
Moat: Editorial + unicorn rating 4/10 · IP moat: 3 patents
rank vs industry peers · Fliar Intelligence Index 32/100
$285K7 mo agoFunding Raised—Simon Girard
Co-Founder & CTO
—3 patents
Biomedical optical imaging: spectral unmixing and Cerenkov radiation detection systems
2 partnerships

Top 12 Healthcare IT companies in Canada

#1
Series D · Toronto, Ontario · founded 2014 · 92 employees
$274.1Mraised
▾

Alayacare offers a cloud-based software platform for home healthcare practitioners. The platform features clinical documentation, back-office functionality, patient and family portals, remote patient monitoring, telehealth, and mobile care worker apps. It also helps in analyzing wearable devices to fetch patient data for processing through machine learning technology by giving real-time insights for the care professionals.

Fliar Intelligence Index™ 76how this company ranks against its industry peers
Funding
top 13%
Customers
top 27%
Growth
top 28%
Moat
top 31%
Innovation
top 34%
Product
top 35%
Funding: Raised $274M across 10 rounds · 10 rounds over 11 yrs (0.9/yr) · Last round Conventional Debt (Feb 2026)
Customers: Play-Store rating 4.20★ across 1,946 ratings (3 apps) · Review volume +16% in 6 mo · Marquee-customer mentions: top 17% of tracked companies
Growth: Headcount 56 → 92 (+64%) across vintages · App-install growth +32% YoY · Fresh capital in last 24 mo
Audience (LinkedIn): 64k LinkedIn followers — 18.4% of this cohort's audience
Funding rounds
  • Feb 2026Conventional Debt$50M
  • Jun 2021Series D$182M
  • Aug 2020Conventional Debt$11.4M
  • Jan 2020Series C$36.8M
Founders & team
Adrian SchauerFounder & CEO
Investors
Inovia Capital, CDPQ, Invest Quebec, Fonds Innovexport, Canadian Imperial Bank of Commerce, Generation Investment Management
Tech stack
Amazon Web ServicesApple Icloud MailBeaver BuilderBootstrapCloudflareCloudflare Bot Management
#2
Series C · Toronto, Ontario · founded 2012 · 19 employees
$126Mraised
▾

Provider of an AI-based cardiac health diagnosis tool for healthcare professionals. The company has designed a diagnostic tool called CorVista that has the ability to detect cardiovascular disease in patients. The AI technology used in the software analyses patients' data in order to detect diseases such as pulmonary hypertension, heart failure, or coronary artery diseases.

Fliar Intelligence Index™ 45how this company ranks against its industry peers
Funding
top 16%
Moat
top 31%
AI
top 45%
Growth
top 48%
Talent
top 49%
Tech
bottom 46%
Funding: Raised $126M across 15 rounds · 15 rounds over 11 yrs (1.4/yr) · Last round Series C (Oct 2025)
Moat: Editorial + unicorn rating 8/10 · Soonicorn · 9 curated direct competitors tracked
AI: Product described with: ai-based
Funding rounds
  • Oct 2025Series C$550K
  • Jun 2025Series C$500K
  • May 2025Series C$899.2K
  • Jan 2025Series C$797.7K
Founders & team
Adrian LamCEO
Investors
MedVenture Partners, Bioworld Ventures, JLABS, G Ventures
Tech stack
CloudflareCloudflare Browser InsightsGoogle AnalyticsHstsJqueryJsdelivr
#3
Series C · Toronto, Ontario · founded 2012
$100.7Mraised
▾

Developer of diagnostic platform using AI for cardiovascular disease assessments. The platform CorVista System automates clinical data collection and diagnostic review, providing clinicians with actionable assessments at the point of care. The technology leverages machine-learned models designed for diagnostic performance, with a focus on multiple cardiovascular conditions. The system gathers heart signals and transmits the data to a secure cloud platform for processing.

Fliar Intelligence Index™ 57how this company ranks against its industry peers
AI
top 20%
Funding
top 31%
Talent
bottom 49%
Global
bottom 48%
Tech
bottom 31%
News
bottom 27%
AI: Classified as an AI company
Funding: Raised $101M across 7 rounds · 7 rounds over 10 yrs (0.7/yr) · Last round Series C (Oct 2025)
Talent: 1 named leader on record · 1 C-suite/founder profile curated
Funding rounds
  • Oct 2025Series C$550K
  • Jun 2025Series C$500K
  • Jun 2024Series C$1.5M
  • Aug 2022Series C$1M
Founders & team
Adrian LamCEO & President
Investors
MedVenture Partners
Tech stack
WordpressMysqlPhpGeneratepressGravity FormsGenerateblocks
#4
Public · Brossard, Quebec · founded 1998 · 30 employees
$18.5Mraised
▾

AI-based eye disease detection tool for providers. The company has developed software that assists with disease diagnosis and treatment management. It has features for image processing, data analysis, early detection of diseases, and more.

Fliar Intelligence Index™ 48how this company ranks against its industry peers
Product
top 14%
Funding
top 24%
Innovation
top 34%
News
top 39%
AI
top 45%
Partners
bottom 49%
Product: 6 distinct product lines · Company stage: Public
Funding: Raised $18.5M across 14 rounds · 14 rounds over 8 yrs (1.8/yr) · Last round Post IPO (Dec 2025)
Innovation: 6 product lines
Funding rounds
  • Dec 2025Post IPO$2.9M
  • Sep 2025Post IPO$72.6K
  • Feb 2025Post IPO$1.4M
  • Oct 2024Post IPO$1.1M
Founders & team
Andre LarenteCEO
Tech stack
WordpressMysqlPhpDebianAnimate.CssContact Form 7
#5
Series A · Toronto, Ontario · founded 2011 · 29 employees
$4.1Mraised
▾

Provider of predictive image analysis tool for IVF clinics. The company offers a non-invasive sofware analysis tool to predict the oocytes function and success rate after in-vitro techniques. The AI-based engine also helps in giving insights for healthy embryo transfer rate, prevent the embryo transfer at the non-ideal time and reduce twin isolation embryos.

Fliar Intelligence Index™ 40how this company ranks against its industry peers
AI
top 28%
Growth
top 35%
Funding
top 42%
Moat
top 45%
Patents
top 46%
Innovation
bottom 46%
AI: Holds AI/ML patents (G06N-family CPC) · Product described with: ai-based
Growth: Fresh capital in last 24 mo
Funding: Raised $4.1M across 1 rounds · 1 rounds over 4 yrs (0.2/yr) · Last round Series A (Apr 2026)
Audience (LinkedIn): 11k LinkedIn followers — 3.0% of this cohort's audience
Activity (LinkedIn): 1 partnerships (incl. Novafem) announced in 12 mo
Funding rounds
  • Apr 2026Series A$4.1M
  • Jan 2022Series A—
Investors
M Ventures, Whitecap Venture Partners, Sandpiper Ventures, Gaingels
Tech stack
ElementorHostingerJqueryJquery MigrateLitespeedLitespeed Cache
#6
Seed · Vancouver, British Columbia · founded 2022 · 8 employees
$3.6Mraised
▾

AI-powered platform for drug development and companion diagnostics. The company's key platform technology, Aion, virtualizes the IHC process to forecast biomarker expression spatially and increase efficiencies in drug discovery, as well as hasten patient selection in clinical trials.

Fliar Intelligence Index™ 21how this company ranks against its industry peers
AI
top 45%
Funding
top 46%
Talent
bottom 49%
Global
bottom 36%
Market
bottom 21%
AI: Product described with: ai-powered
Funding: Raised $3.6M across 1 rounds · 1 rounds over 2 yrs (0.5/yr) · Last round Seed (Apr 2026)
Talent: 1 named leader on record · 1 C-suite/founder profile curated
Audience (LinkedIn): 1k LinkedIn followers
Activity (LinkedIn): 1 awards announced in 12 mo
Funding rounds
  • Apr 2026Seed$3.6M
  • 2024Seed—
  • 2024Seed—
Founders & team
Kenneth ToCEO
Investors
PAX Momentum, RiSC Capital, Wittington Ventures, Continuum Health Ventures, Mayo Clinic, Debiopharm
#7
Public · Vancouver, British Columbia · founded 2016
$6.6Mraised
▾

Developer of AI-powered software for physician support and patient care. The company offers a suite of tools designed to assist with clinical training, assessments, and virtual care triage. Its software incorporates algorithms and clinical content intended to streamline workflows. The company’s solutions are built with attention to compliance, security, and scalability.

Fliar Intelligence Index™ 32how this company ranks against its industry peers
Funding
top 28%
Talent
top 38%
AI
top 45%
Tech
bottom 38%
Market
bottom 25%
Global
bottom 25%
Funding: Raised $6.6M across 4 rounds · 4 rounds over 1 yrs (4.0/yr) · Last round Post IPO (Jan 2026)
Talent: 2 named leaders on record · 2 C-suite/founder profiles curated
AI: Product described with: ai-powered
Audience (LinkedIn): 2k LinkedIn followers
Activity (LinkedIn): 4 partnerships (incl. Rich Ware Racing and FinTekk AP) announced in 12 mo
Funding rounds
  • Jan 2026Post IPO$163.3K
  • Jan 2026Post IPO$3.2M
  • Aug 2025Post IPO$114.1K
  • Jul 2025Post IPO$3.1M
Founders & team
William CherniakCo-Founder & CEOEssam HamzaChief Executive Officer
Tech stack
CookieyesCore-JsElementorFathomGodaddyGoogle Analytics
#8
Public · Vancouver, British Columbia · founded 2013 · 19 employees
$16.5Mraised
▾

Provider of patient engagement solutions for chronic patients. The platform helps doctors to communicate with their patients in between the office visits. Provides a multi-channel communication platform that uses visual messaging to for collaboration among people, doctors, allied health professionals, researchers, and the entire healthcare team telehealth platform that provides chronic patients remote consultation with doctors. Allows users to maintain their health records online and provides analytics over the uploaded diagnostics data.

Fliar Intelligence Index™ 37how this company ranks against its industry peers
Funding
top 25%
Product
top 28%
Growth
top 35%
Moat
top 48%
Tech
bottom 47%
Market
bottom 28%
Funding: Raised $16.5M across 8 rounds · 8 rounds over 5 yrs (1.6/yr) · Last round Post IPO (Jul 2025)
Product: 1 published app (300 installs) · Company stage: Public
Growth: Fresh capital in last 24 mo
Funding rounds
  • Jul 2025Post IPO$2.2M
  • Mar 2025Post IPO$2.3M
  • Feb 2025Post IPO$2.3M
  • Oct 2024Post IPO$1.3M
Tech stack
AhrefsAnimate.CssCloudwaysContact Form 7CookieyesCore-Js
#9
Seed · Vancouver, British Columbia · founded 2018
$4.7Mraised
▾

Developer of an AI-powered platform for eye care and diagnostics. The platform integrates imaging, diagnosis, treatment, and care recommendations into one system. It consolidates essential tests into a single scan, providing accurate diagnosis and personalized care. The platform is designed to learn and adapt, improving diagnostic precision and treatment recommendations.

Fliar Intelligence Index™ 45how this company ranks against its industry peers
Funding
top 44%
AI
top 45%
Talent
bottom 49%
Global
bottom 25%
Funding: Raised $4.7M across 2 rounds · 2 rounds over 1 yrs (2.0/yr) · Last round Seed (Jan 2026)
AI: Product described with: ai-powered
Talent: 1 named leader on record · 1 C-suite/founder profile curated
Audience (LinkedIn): 775 LinkedIn followers
Activity (LinkedIn): 1 partnerships · 1 awards (incl. AI4Eyes) announced in 12 mo
Funding rounds
  • Jan 2026Grant (prize money)$2M
  • Jan 2026Seed$2.7M
Founders & team
Henry Reis MdCo-Founder
#10
Series A · Kitchener, Ontario · founded 2014 · 42 employees
$18.5Mraised
▾

AI-powered postoperative monitoring device. It offers stream platform that consists of origin and delta for continuously and non-invasively analyzes postoperative wound drainage. It provides systems utilizing electronic health record information and data from proprietary hardware to predict the risk of postoperative complications. It offers real-time continuous monitoring of biochemical composition of fluid. The company delivers insights at critical points in patient care.

Fliar Intelligence Index™ 55how this company ranks against its industry peers
Funding
top 31%
Talent
top 38%
Moat
top 39%
AI
top 45%
Product
bottom 48%
Market
bottom 44%
Funding: Raised $18.5M across 6 rounds · 6 rounds over 8 yrs (0.8/yr) · Last round Grant (prize money) (Jul 2025)
Talent: 2 named leaders on record · 2 C-suite/founder profiles curated
Moat: Editorial + unicorn rating 7/10 · 6 curated direct competitors tracked
Audience (LinkedIn): 9k LinkedIn followers — 2.7% of this cohort's audience
Hiring (LinkedIn): 1 hiring post in 12 mo (public) · hiring: Frontier Deployed Engineer, Product Engineer
Activity (LinkedIn): 1 partnerships (incl. Qaelon Medical) announced in 12 mo
Funding rounds
  • Jul 2025Grant (prize money)$2M
  • Oct 2023Series A$15M
  • Apr 2021Seed$2.6M
  • Aug 2020Seed$60K
Founders & team
Amr AbdelgawadCo-Founder & COOYoussef HelwaCo-Founder & CEO
Investors
SOSV, Graphene Ventures, OneValley, NorthSpring Capital Partners, Boutique Venture Partners, Threshold Impact
#11
Series B · Toronto, Ontario · founded 2016 · 330 employees
$60.5Mraised
▾

Provider of health data integration solutions for the healthcare industry. It aims to enhance health by providing solutions that allow organizations to access, transform, store, enrich, analyze, aggregate, and share health information. It allows users to access analytics on measures, gap in care, clinical decision support, population analytics, and more.

Fliar Intelligence Index™ 50how this company ranks against its industry peers
Funding
top 32%
Market
top 44%
Growth
top 45%
Moat
top 48%
Talent
bottom 49%
Tech
bottom 47%
Funding: Raised $60.5M across 3 rounds · 3 rounds over 5 yrs (0.6/yr) · Last round Conventional Debt (Feb 2025)
Market: 330 employees (top 12% of HealthTech) · Top-5,000,000 web property
Growth: Web rank 5,000,000 → 10,000,000 YoY · Fresh capital in last 24 mo
Audience (LinkedIn): 14k LinkedIn followers — 4.0% of this cohort's audience
Activity (LinkedIn): 1 product launches announced in 12 mo
Funding rounds
  • Feb 2025Conventional Debt$10.5M
  • Jan 2023Series B$30M
  • Aug 2021Series A$20M
Founders & team
Duncan WeatherstonCEO
Investors
FirePower Capital, 30 North Group, UPMC, Yorkville Partners
Tech stack
Amazon Web ServicesAosCloudflareCloudflare Bot ManagementCore-JsGoogle Analytics
#12
Series B · Halifax, Nova Scotia · founded 2016 · 30 employees
$8.6Mraised
▾

Adaptiiv is a company that offers software for developing 3D bolus for cancer patients. Their solutions include Uniform Thickness Bolus, Modulated Electron Bolus and Brachytherapy Applicator. Uniform Thickness Bolus solution uses patients CT scan reports to form a personalised bolus, they develop 3D model of the bolus which is printed using a 3D printer. Modulated Electron Bolus enables doctors to change the thickness of the bolus for medicine dispensing. Brachytherapy Applicator is used to treat various skin lesions including basal and squamous cell carcinoma.

Fliar Intelligence Index™ 48how this company ranks against its industry peers
Growth
top 35%
Funding
top 38%
Talent
top 38%
Tech
top 39%
Global
bottom 36%
Market
bottom 32%
Growth: Fresh capital in last 24 mo
Funding: Raised $8.6M across 9 rounds · 9 rounds over 10 yrs (0.9/yr) · Last round Series B (Aug 2025)
Talent: 2 named leaders on record · 2 C-suite/founder profiles curated
Audience (LinkedIn): 3k LinkedIn followers
Activity (LinkedIn): 1 product launches announced in 12 mo
Funding rounds
  • Aug 2025Series B$5.9M
  • Jan 2025Series B$969.8K
  • Apr 2020Series B$3.4M
  • Jun 2019Series A$1.8M
Founders & team
Alex DunphyCo-Founder & CTOPeter HickeyCEO
Investors
Atlantic Canada Opportunities Agency, Innovacorp, HP Tech Ventures, Rosebud Dubai
Tech stack
BamboohrBootstrapCloudflareCloudflare Bot ManagementGlide.JsGodaddy

Funding & investor landscape

$3.2Btotal disclosed funding
211companies funded
489disclosed rounds
3rounds last 90 days
Most active investors
Ontario Centre of Innovation26 rounds
Accelerator Centre25 rounds
BDC21 rounds
MaRS Discovery District18 rounds
Ontario Brain Institute14 rounds
Velocity14 rounds
MaRS IAF13 rounds
UTEST12 rounds
The DMZ11 rounds
Innovation Factory10 rounds

Notable founders

Adrian Schauer
Founder & CEO · AlayaCare
Adrian Lam
CEO · CorVista
Andre Larente
CEO · DIAGNOS
Kenneth To
CEO · ViewsML
William Cherniak
Co-Founder & CEO · Rocket Doctor
Essam Hamza
Chief Executive Officer · Rocket Doctor
Henry Reis Md
Co-Founder · Ai4eyes
Amr Abdelgawad
Co-Founder & COO · FluidAI
Youssef Helwa
Co-Founder & CEO · FluidAI
Duncan Weatherston
CEO · Smile Digital Health
Alex Dunphy
Co-Founder & CTO · Adaptiiv
Peter Hickey
CEO · Adaptiiv
Prism market signals · Canada · country-scoped Prism corpus, 282,532 docs

Market landscape — 10 sub-themes by coverage

Share of Healthcare IT coverage by sub-theme.

Regulatory-risk over time rising

Funding & growth over time

funding rising · growth rising

RESEARCH SIGNALS · Canada

How research on Digital Health is moving in Canada

A read on the academic research around Digital Health — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 2,157 Canada-affiliated papers.

research sentiment over time
200820172026
enthusiastic · positive · guarded tone
Tone is overwhelmingly optimistic and intensifying — the enthusiastic (strongly-positive) share moved 21% → 39% across 2008–2026.
top research entities
  • Ministry of Health313
  • University of Toronto275
  • McMaster University160
  • University of British Columbia137
  • McGill University114
leading researchers
Jeremy Grimshaw · Anita Kothari · Ihoghosa Iyamu · Anna R. Gagliardi · John P. Hirdes · Ian D. Graham · John N. Lavis · André Kushniruk
▲ Breakthroughs178 · 8%
▲ 3%→9% share
▲3.0× share momentum0 median citations91% since 2021mostly methods-led
Health informatics breakthroughs are surging — Canadian papers rose from 3 to 37, tripling field-share to 9%.
rising sub-themes (early→recent)
  • Health care3→42
  • Health informatics3→37
  • Public health2→22
  • Wearable computer2→20
  • Remote patient monitoring2→15
Newly emergingMental health 0→12 · Interoperability 0→10 · Psychological intervention 0→10
Landmark Conceptualising patient empowerment: a mixed methods study · 433 cites
◆ Advancements668 · 31%
▲ 27%→32% share
▲1.2× share momentum0 median citations86% since 2021mostly empirical
Psychological intervention advancements are rapidly intensifying — Canadian digital health papers jumped from 6 to 67.
rising sub-themes (early→recent)
  • Health care12→180
  • Health informatics50→142
  • Public health21→87
  • Psychological intervention6→67
  • Mental health2→51
Newly emergingmHealth 0→30 · Telemedicine 0→28 · MEDLINE 0→23
Landmark A guide to using the Theoretical Domains Framework of behaviour change to investigate implementation problems · 3,794 cites
▼ Concerns1,013 · 47%
▼ 57%→45% share
▼0.8× share momentum2 median citations80% since 2021mostly empirical
Health informatics concern-flagged research is intensifying — papers climbed from 99 to 246 across Canadian institutions.
rising sub-themes (early→recent)
  • Health care44→291
  • Public health42→196
  • Health informatics99→246
  • Nursing research47→147
  • Health administration81→180
Newly emergingPandemic 0→32 · Interoperability 0→31 · Telehealth 0→27
Landmark The future of digital health with federated learning · 2,258 cites
RESEARCH HOTSPOTS · Canada

Where digital health is researched across Canada

Location clusters by institution affiliation — each city's volume, stance tone, and a quick read on its hot topic, what's advancing, the opening opportunity, and the main concern.

Toronto329 · +0.11
Hot · Health careAdvancing · AllianceOpportunity · Key (lock)Concern · Knowledge management
Montreal246 · +0.11
Hot · PerceptionAdvancing · ChatbotOpportunity · Intervention (counseling)Concern · Digital divide
Waterloo/Hamilton211 · +0.01
Hot · Health informaticsAdvancing · Remote patient monitoringOpportunity · PandemicConcern · Health services research
Vancouver169 · +0.06
Hot · TriageAdvancing · Continuous monitoringOpportunity · TelemedicineConcern · Reproductive health
Edmonton/Calgary165 · +0.12
Hot · Health informaticsAdvancing · Data miningOpportunity · Mental healthConcern · Indigenous
Ottawa/Kingston157 · +0.11
Hot · Health informaticsAdvancing · UsabilityOpportunity · Mental healthConcern · Audit
PATENT SIGNAL · Canada

Who's filing digital health patents in Canada

Canada digital health patent filing is accelerating — 139 filings from 115 assignees (2016–2025), led by Ecoation Innovative Solutions, Geotab, Pratt & Whitney Canada; annual filings 11→14.

139 filings115 assigneespeak 19/yr2016–2025
filing momentum (YoY 2016–2025)
top patent filers
  • Ecoation Innovative Solutions21
  • Geotab16
  • Pratt & Whitney Canada13
  • Bombardier11
  • EERS Global TECH11
  • Usher JOHN8
  • Personics Holdings8
  • Fligor Brian8

Common questions

How many Healthcare IT companies are there in Canada?
Radar tracks 998 indexable Healthcare IT companies headquartered in Canada that meet our profile-completeness bar.
What is the total funding raised by Healthcare IT companies in Canada?
The Healthcare IT companies in Canada on this list have raised a combined $3.2B in disclosed equity funding across 211 funded companies.
Which is the highest-funded Healthcare IT company in Canada?
WELL Health Technologies Corp is the highest-funded Healthcare IT company in Canada, with $839.5M in disclosed equity funding.
How many Healthcare IT companies in Canada are funded?
211 of the 998 Healthcare IT companies in Canada on this list have disclosed at least one equity funding round.
How many Healthcare IT unicorns are there in Canada?
1 Healthcare IT company in Canada on this list is valued at $1B or more.
Who are the top investors in Canada Healthcare IT companies?
The most active investors in Canada Healthcare IT companies on this list include Ontario Centre of Innovation, Accelerator Centre, BDC, MaRS Discovery District, Ontario Brain Institute.
Rohit KhannaTrends & Stories

Rohit lives in the feed. He covers what's moving right now — the funding rounds, launches and shifts breaking across the trade press — and ties them back to where the sector is heading.

Coming soon