Radar · Healthcare IT in Ontario
Best Healthcare IT Companies in Ontario, Canada
The 477 best Healthcare IT companies in Ontario, Canada in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: PointClickCare.
By Rohit KhannaTrends & Stories
477companies tracked
$1.6Bdisclosed funding
1unicorns
140have raised
FLIAR INTELLIGENCE · HEALTHCARE IT × ONTARIO
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
333kcombined LinkedIn audience
39%of audience held by top 3
6companies hiring publicly (12 mo)
Ranked: Best Healthcare IT companies in Ontario
| # | Company | Disclosed funding | Last round | Employees | Founder | Tech stack | Patents & IP focus | Recent signals |
|---|---|---|---|---|---|---|---|---|
| 1 | PointClickCare 🦄 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 | $283M | 65 mo ago | 742 | Dave Wessinger Co-Founder & CEO | WordPressApple iCloud MailMySQL+39 | — | — |
| 2 | AlayaCare 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 | $274M | 3 mo ago | 92 | Adrian Schauer Founder & CEO | WordPress Block EditorBeaver BuilderWordPress+42 | — | — |
| 3 | Geneseeq 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 | $128M | 77 mo ago | — | Xiaonan Wang Co-Founder & CTO | — | — | — |
| 4 | CorVista 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 | $126M | 8 mo ago | 19 | Adrian Lam CEO | WordPressMySQLPHP+14 | — | — |
| 5 | Analytics4Life 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 | $101M | 8 mo ago | — | Adrian Lam CEO & President | — | — | — |
| 6 | Smile 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 | $60M | 16 mo ago | 330 | Duncan Weatherston CEO | HubSpot CMS HubSalesforceAmazon Web Services+21 | — | 1 launch |
| 7 | PocketHealth 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 | $56M | 26 mo ago | — | Harsh Nayyar Co-Founder & CTO | WordPressTypeScriptPHP+37 | — | — |
| 8 | Swift 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 | $48M | 28 mo ago | 118 | Sheila Wang Co-Founder | WordPress Block EditorWordPressBugHerd+44 | 10 patents Medical imaging devices for tissue visualization, especially wound assessment and monitoring. | — |
| 9 | Vital 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 | $48M | 34 mo ago | 95 | Farnoud Kazemzadeh Co-founder | Tailwind CSSVue.jsGSAP+11 | — | — |
| 10 | BIONIK Provider of assistive and rehabilitation hardware and software solutions | $40M | 108 mo ago | 12 | Michal Prywata Co-Founder | — | — | — |
| 11 | HEALWELL 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 | $29M | 24 mo ago | — | Alexander Dobranowski CEO | WordPressMySQLPHP+35 | — | — |
| 12 | Practice 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 | $27M | 18 mo ago | 37 | Graeme Downes Co-Founder | SentryZendeskTypeScript+37 | — | — |
| 13 | Think Research SaaS based point of care management software for clinical decision support | $25M | 49 mo ago | 172 | — | styled-componentsReactAmazon Web Services+6 | — | 3 job openings · 1 award |
| 14 | Xandar Kardian Provider of radar-based sensors for detecting human presence | $24M | 54 mo ago | 36 | Sung Cho Co-Founder | WordPressMySQLPHP+31 | — | — |
| 15 | ThoughtWire Provider of IoT predictive maintenance platform | $22M | 72 mo ago | 64 | Dale Hall Executive VP & Co-Founder | — | 32 patents Semantic data integration and sharing platform for enterprise software systems | — |
| 16 | Figure 1 Provider of medical educational platform for professionals | $21M | 108 mo ago | 87 | — | WordPress Block EditorWordPressMySQL+35 | — | — |
| 17 | OnCall Cloud-based telehealth management solution for providers | $19M | 50 mo ago | 52 | — | — | — | — |
| 18 | FluidAI 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 | $18M | 11 mo ago | 42 | Amr Abdelgawad Co-Founder & COO | — | — | 1 job opening · 1 partnership |
| 19 | NOVX Systems Provides a web based EMR and Case Management software. | $18M | 217 mo ago | — | Keith Beckley Founder & COO | — | 22 patents Advanced fluorescence-based immunoassay instrumentation and assay calibration technologies | — |
| 20 | Medchart Provider of cloud-based medical interoperability platform for healthcare organizations | $17M | 61 mo ago | 45 | — | WebflowHubSpotcore-js+20 | — | 2 launchs |
| 21 | Carebook 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 | $16M | 30 mo ago | 48 | — | — | — | — |
| 22 | Wise 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 | $13M | 16 mo ago | 42 | — | WebflowGSAPAmazon Web Services+25 | — | 2 launchs |
| 23 | Eyecarrot Open collaborative platform for detection of neurocognitive problems | $12M | 71 mo ago | — | — | — | — | — |
| 24 | Intellijoint 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 | $11M | 16 mo ago | 125 | Armen Bakirtzian Co-Founder and CEO | WordPressApple iCloud MailGoogle Workspace+27 | — | 1 partnership |
| 25 | Destiny Solutions Customer life cycle management software for higher education | $11M | 97 mo ago | 2 | Shaul Kuper CEO & President | — | — | — |
| 26 | Signal 1 Provider of an AI management system for the healthcare industry | $10M | 49 mo ago | 23 | Mara Lederman Co-Founder & COO | WordPressApple iCloud MailMicrosoft 365+19 | — | 2 partnerships · 1 award |
| 27 | Pathcore A secure, browser-based platform for managing your digital pathology and radiology images | $10M | 122 mo ago | 17 | — | WebflowZohojQuery+7 | 6 patents Monitoring tissue exposure to treatment media in medical diagnostic/therapeutic devices | 1 job opening |
| 28 | BlueDot 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 | $10M | 41 mo ago | 108 | Kamran Khan Founder & CEO | WordPress Block EditorElementorWordPress+28 | — | — |
| 29 | VentriPoint 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 | $9M | 16 mo ago | — | — | WordPressMySQLZoho+17 | — | — |
| 30 | VitalHub Cloud based administrative management tools for healthcare providers | $9M | 69 mo ago | 210 | — | Cart FunctionalitySquarespace CommerceSquarespace+27 | — | 1 award |
| 31 | SeamlessMD Transforming surgery care plans into interactive, patient engagement on mobile/web to improve outcomes and… | $7M | 69 mo ago | 39 | Willie Kwok Co-Founder And Cto | WebflowAmazon Web ServicesAtlassian Statuspage+23 | — | 2 job openings |
| 32 | CleanSlate UV Device for disinfection tracking for smartphones in hospitals | $6M | 74 mo ago | 26 | — | WordPressMySQLPHP+27 | — | — |
| 33 | Altis Labs Online platform offering clinical imaging data insights | $6M | 35 mo ago | 30 | Felix Baldauf-Lenschen Founder & CEO | — | 7 patents AI-driven medical imaging for outcome prediction and adverse reaction modeling in healthcare | — |
| 34 | Welbi App-based elder care planning and management platform for providers | $6M | 47 mo ago | 26 | — | WebflowLeadfeederZoominfo+19 | — | — |
| 35 | Winterlight Labs AI-powered speech analysis technology to detect cognitive impairments | $6M | 78 mo ago | 48 | Maria Yancheva Co-Founder And Chief Technology Officer | — | 7 patents AI-driven speech analysis for detecting cognitive and neurological disorders | — |
| 36 | MedStack Cloud based platform for the development of healthcare apps | $6M | 57 mo ago | 26 | Balaji Gopalan Co-Founder and CEO (venture-funded | WordPressApple iCloud MailGoogle Workspace+30 | — | — |
| 37 | Synex Medical Developer of non-invasive health monitoring technology using magnetic resonance spectroscopy | $5M | 67 mo ago | 24 | Ben Nashman Founder & CEO | Apple iCloud MailGoogle WorkspaceSalesforce+11 | 30 patents Patents concentrated in health & consumer products | — |
| 38 | Mednow Provider of an online platform for teleconsultation & medications | $5M | 31 mo ago | 70 | Ali Reyhany Co-Founder | Cart FunctionalityShopifySentry+37 | — | — |
| 39 | AI 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 | $4M | 14 mo ago | 3 | — | WordPressMySQLPHP+10 | 48 patents Patents concentrated in electrical & electronics | — |
| 40 | Future 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 | $4M | 1 mo ago | 29 | — | WordPressMySQLPHP+11 | 4 patents Patents concentrated in computing, sensing & instrumentation | 1 partnership |
| 41 | Cobionix 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 | $3M | 11 mo ago | 14 | Tim Lasswell Co-Founder | Framer SitesReactAmazon Web Services+6 | 15 patents Autonomous robotic platforms for medical imaging, transport, and structural sensing with AI control | — |
| 42 | LUCID Provider of music based digital mental development devices services | $3M | 46 mo ago | 21 | Zoe Thomson Co-Founder & Chief Innovation Officer | — | 44 patents Food packaging and smart barcode-integrated plastic containers with psychometric measurement features | — |
| 43 | EmergConnect 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 | $2M | 12 mo ago | — | Ron Galaev Founder & CEO | WordPressMySQLPHP+17 | — | — |
| 44 | Greenspace 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 | $1M | 15 mo ago | 66 | Simon Weisz President and Co-Founder | WordPressMySQLSalesforce+20 | — | — |
| 45 | Dentronic 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 | $1M | 3 mo ago | — | Soy Choi Co-Founder | — | — | — |
| 46 | Realize 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 | $1M | 18 mo ago | 10 | Justin Sutherland Co-Founder & CEO | — | — | 2 job openings · 2 launchs |
| 47 | Healthkind 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 | $899K | 18 mo ago | — | Matt Zukowski Co-Founder & CTO | — | — | — |
| 48 | VoxNeuro 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 | $707K | 15 mo ago | 22 | Kimberly Elliott Co-Founder & Chief Operating Officer | — | 5 patents Digital interfaces for administering and managing neurocognitive assessment tools | — |
| 49 | Marion 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 | $381K | 18 mo ago | 7 | Ben Sainsbury CEO | — | 5 patents VR surgical simulation platforms providing haptic‑feedback instrument training | — |
| 50 | Medical Veda Provides AI and blockchain based health portal to patients and clinics for transaction | $124K | 23 mo ago | — | Amir Neghabian Founder | — | — | — |
Top 12 Healthcare IT companies in Ontario
#1
Series D · Toronto, Ontario · founded 2014 · 92 employees$274.1Mraised▾
Series D · Toronto, Ontario · founded 2014 · 92 employees
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 — 19.3% 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
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▾
Series C · Toronto, Ontario · founded 2012 · 19 employees
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
Investors
MedVenture Partners, Bioworld Ventures, JLABS, G Ventures
Tech stack
CloudflareCloudflare Browser InsightsGoogle AnalyticsHstsJqueryJsdelivr
#3
Series C · Toronto, Ontario · founded 2012$100.7Mraised▾
Series C · Toronto, Ontario · founded 2012
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
Investors
MedVenture Partners
Tech stack
WordpressMysqlPhpGeneratepressGravity FormsGenerateblocks
#4
Series A · Toronto, Ontario · founded 2011 · 29 employees$4.1Mraised▾
Series A · Toronto, Ontario · founded 2011 · 29 employees
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 — 3.2% 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
#5
Series A · Kitchener, Ontario · founded 2014 · 42 employees$18.5Mraised▾
Series A · Kitchener, Ontario · founded 2014 · 42 employees
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 — 2.8% 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
Investors
SOSV, Graphene Ventures, OneValley, NorthSpring Capital Partners, Boutique Venture Partners, Threshold Impact
#6
Series B · Toronto, Ontario · founded 2016 · 330 employees$60.5Mraised▾
Series B · Toronto, Ontario · founded 2016 · 330 employees
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 — 4.2% 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
Investors
FirePower Capital, 30 North Group, UPMC, Yorkville Partners
Tech stack
Amazon Web ServicesAosCloudflareCloudflare Bot ManagementCore-JsGoogle Analytics
#7
Seed · Aurora, Ontario · founded 2024$1Mraised▾
Seed · Aurora, Ontario · founded 2024
Developer of robotic arm designed to automate dental assistive tasks. The robotic arm is designed to bridge staffing gaps in dentistry. The hardware delivers reliability and acts as a second hand. It allows positioning and adjustment directly, making control feel natural. The robotic arm operates with a single button and offers zero gravity movement.
Fliar Intelligence Index™ 50how this company ranks against its industry peers
Talent
top 45%Global
bottom 48%Funding
bottom 47%Talent: 2 named leaders on record
Global: Investors from 1 country beyond Canada
Funding: Raised $1.0M across 1 rounds · 1 rounds over 1 yrs (1.0/yr) · Last round Seed (Mar 2026)
Funding rounds
- Mar 2026Seed$1M
Founders & team
Investors
South Park Commons
#8
Series B · Toronto, Ontario · founded 2014 · 37 employees$27Mraised▾
Series B · Toronto, Ontario · founded 2014 · 37 employees
Cloud based platform offering nutrition practice management software for wellness professionals including nutritionists, dietitians. It is an end to end client management platform with features client scheduling, appointment management, booking and invoicing, fillable forms and waivers, tasks and reminders, health records management and meal planning. Charting and note taking with ready made templates, supporting documentation and protocols. It also offers telehealth capabilities for virtual client sessions.
Fliar Intelligence Index™ 67how this company ranks against its industry peers
Tech
top 18%Funding
top 31%Talent
top 38%Growth
top 39%AI
top 45%Product
top 46%Tech: 90 technologies across 7/8 capability areas · Cloud: Amazon Alb, Amazon Cloudfront · Devops: Envoy
Funding: Raised $27.0M across 2 rounds · 2 rounds over 3 yrs (0.7/yr) · Last round Conventional Debt (Nov 2024)
Talent: 2 named leaders on record · 2 C-suite/founder profiles curated
Funding rounds
- Nov 2024Conventional Debt$13M
- Apr 2023Series B$27M
Founders & team
Investors
Five Elms Capital, Canadian Imperial Bank of Commerce, The DMZ
Tech stack
AdaAhoyAmazon AlbAmazon CloudfrontAmazon ElbAmazon Web Services
#9
Series A · Toronto, Ontario · founded 2019 · 42 employees$12.7Mraised▾
Series A · Toronto, Ontario · founded 2019 · 42 employees
AI and cloud-based clinical documentation solutions for healthcare professionals. The platform allows professionals to process the documents, medical images, records, reports, and summaries in a structured format.
Fliar Intelligence Index™ 48how this company ranks against its industry peers
Funding
top 35%Growth
top 35%Moat
top 39%Tech
top 43%Product
bottom 45%Market
bottom 39%Funding: Raised $12.7M across 4 rounds · 4 rounds over 4 yrs (1.0/yr) · Last round Series A (Feb 2025)
Growth: Fresh capital in last 24 mo
Moat: Editorial + unicorn rating 7/10 · 9 curated direct competitors tracked
Audience (LinkedIn): 14k LinkedIn followers — 4.3% of this cohort's audience
Activity (LinkedIn): 2 product launches announced in 12 mo
Funding rounds
- Feb 2025Series A$3.5M
- Aug 2024Conventional Debt$3.3M
- Jan 2024Series A$9.5M
- Mar 2022Seed$3.2M
Investors
Ripple Ventures, Vena Marketing, GreenSky, Bluesky Equities, Canadian Imperial Bank of Commerce, Information Venture Partners
Tech stack
CdnjsCloudflareCloudflare Bot ManagementCore-JsGoogle AnalyticsGoogle Font Api
#10
Public · Toronto, Ontario · founded 2005$9.1Mraised▾
Public · Toronto, Ontario · founded 2005
Ventripoint Diagnostics is a medical device company that develops and commercializes its diagnostic tools to monitor patients with heart disease. By using images produced from existing medical imaging systems, the Ventripoint Medical System (VMS), an FDA cleared device, generates heart volumetric measurements and a three-dimensional (3D) model. Its solution produces heart information by processing information received from existing medical imaging equipment with its patented and own methods incorporating Knowledge-Based Reconstruction (KBR) algorithms and own cardiac databases. Its KBR method allows for the creation of a 3D model of the right and/or left ventricle using images generated from existing two-dimensional imaging equipment.
Fliar Intelligence Index™ 62how this company ranks against its industry peers
News
top 18%Product
top 24%Growth
top 25%Partners
top 32%Funding
top 36%Global
top 37%News: 9 BI events in 12 mo (of 46 tracked, 7 types) · +350% YoY · 2 high-value events (IPO/M&A/funding/contracts) in 12 mo
Product: 1 product launch event in 12 mo · 12 distinct product lines · Company stage: Public
Growth: Fresh capital in last 24 mo
Audience (LinkedIn): 2k LinkedIn followers
Funding rounds
- Feb 2025Post IPO$60.7K
- Jan 2025Post IPO$117.3K
- Dec 2024Post IPO$239.5K
- Nov 2024Post IPO$13.8K
Tech stack
Core-JsElementorGodaddyGoogle AnalyticsGoogle CloudGoogle Cloud Cdn
#11
Series A · Waterloo, Ontario · founded 2010 · 125 employees$11Mraised▾
Series A · Waterloo, Ontario · founded 2010 · 125 employees
Developer of 3D surgical navigation tools for hip and knee replacements. It offers Intellijoint HIP a mni‑optical navigation system for total hip arthroplasty providing real‑time measurements for cup position, leg length, offset, and rotation, Intellijoint KNEE for total knee arthroplasty offering intraoperative alignment and resection data, and Intellijoint VIEW is a web-based preoperative planning tool for hip and knee replacements.
Fliar Intelligence Index™ 50how this company ranks against its industry peers
Growth
top 35%Funding
top 38%Tech
top 50%Talent
bottom 49%Market
bottom 48%Moat
bottom 38%Growth: Fresh capital in last 24 mo
Funding: Raised $11.0M across 4 rounds · 4 rounds over 12 yrs (0.3/yr) · Last round Series A (Jan 2025)
Tech: 35 technologies across 3/8 capability areas · Cloud: Cloudflare · Security: Hsts
Audience (LinkedIn): 27k LinkedIn followers — 8.2% of this cohort's audience
Activity (LinkedIn): 2 partnerships (incl. INSURGICAL Powered Instruments) announced in 12 mo
Funding rounds
- Jan 2025Series A$9.7M
- Apr 2017Series A—
- Nov 2016Series A$11M
- Jun 2014Series A—
Founders & team
Investors
Accelerator Centre, NorthSpring Capital Partners, MaRS Discovery District, Ontario Centre of Innovation, MaRS IAF, Natacor
Tech stack
Apple Icloud MailAstraCloudflareCloudflare Browser InsightsFacebook PixelFlywheel
#12
Public · Toronto, Ontario · founded 2020 · 3 employees$4.4Mraised▾
Public · Toronto, Ontario · founded 2020 · 3 employees
Provider of an AI and SaaS-based digital health monitoring platform and device for healthcare providers. The company has developed a Health Gauge which assists professionals to monitor patients' health remotely with the help of AI-based technology. The tool has the ability to capture body vitals such as blood pressure, heart rate & HR variability, pulse wave velocity, and more. The AI used in the product can interpret health data on a real-time basis.
Fliar Intelligence Index™ 42how this company ranks against its industry peers
Patents
top 19%Innovation
top 22%AI
top 30%Moat
top 32%Product
top 35%Funding
top 37%Patents: 48 patents matched (strict assignee match) · 12 filings since 2022 vs 7 in 2017-21 · Latest publication 2025
Innovation: 48 patents (top 22% of patent-holders) · 12 filings since 2022 vs 7 in 2017-21 · Deep-tech classification: Artificial Intelligence, Tech Hardware
AI: Classified as an AI company · Product described with: ai-based
Funding rounds
- Apr 2025Post IPO$1.5M
- Dec 2024Post IPO$17.1K
- Nov 2024Post IPO$1.1M
- Jun 2024Post IPO$373.8K
Funding & investor landscape
$1.6Btotal disclosed funding
112companies funded
264disclosed rounds
2rounds last 90 days
Most active investors
Notable founders
Adrian Schauer
Founder & CEO · AlayaCare
Adrian Lam
CEO · CorVista
Amr Abdelgawad
Co-Founder & COO · FluidAI
Youssef Helwa
Co-Founder & CEO · FluidAI
Duncan Weatherston
CEO · Smile Digital Health
Soy Choi
Co-Founder · Dentronic
Sam Lee
Co-Founder · Dentronic
Graeme Downes
Co-Founder · Practice Better
Nathalie Garcia
Co-Founder · Practice Better
Armen Bakirtzian
Co-Founder and CEO · Intellijoint
Tim Lasswell
Co-Founder · Cobionix
Nima Z
Co-Founder · Cobionix
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 IN ONTARIO · Health & Bio
How research on Digital Health in Ontario is moving
A read on the academic research around Digital Health in Ontario — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 144 papers.
Ontario's Public Health Ontario, CHEO, and Ontario Tech lead digital-health research—dominated by telemedicine and mobile health policy—with a cautious, concern-weighted tone (71 concerns vs. 13 breakthroughs).
144 papers · stance +0.08 · 11% breakthrough · 58% concern
top institutions
- Public Health Ontario89
- Children\'s Hospital of Eastern Ontario16
- Ontario Tech University10
- Cancer Care Ontario8
- Ontario Institute for Cancer Research6
leading researchers
Hsiu-Ju Chang · Ihoghosa Iyamu · Aaron Yu · André Kushniruk · Francisco Ibáñez-Carrasco · James Shaw
prism intelligence · tone & topics
82% positive · 13% critical tone
HealthcarePolicyPublic HealthGovernmentBusinessData Science
▲
Breakthroughs13 · 9%
▲ 0%→11% share
0 median citations100% since 2021mostly methods-led
Health informatics and mental health research newly emerged with 5 and 4 papers, lifting breakthroughs from 0% to 11% field-share.
rising sub-themes (early→recent)
- Health informatics5
- Mental health4
- Telehealth2
- Analytics2
- Workflow1
Newly emergingHealth informatics 0→5 · Mental health 0→4
Landmark Electronic health records identify timely trends in childhood mental health conditions · 12 cites
◆
Advancements39 · 27%
▼ 36%→27% share
▼0.8× share momentum1 median citations85% since 2021mostly empirical
Health care and eHealth sub-topics newly emerged while public health papers rose 1→5, though advancements shrank from 36% to 27%.
rising sub-themes (early→recent)
- Public health1→5
- Health informatics3→6
- Health administration2→5
- Nursing research1→3
- Psychological intervention1→3
Newly emergingHealth care 0→6 · eHealth 0→3 · Benchmarking 0→3
Landmark Enhancing health care equity with Indigenous populations: evidence-based strategies from an ethnographic study · 350 cites
▼
Concerns71 · 49%
▼ 57%→47% share
▼0.8× share momentum2 median citations80% since 2021mostly empirical
Health informatics concern papers surged 6→17 and nursing research 3→16, with mHealth and health equity newly flagged as concerns.
rising sub-themes (early→recent)
- Health care1→21
- Nursing research3→16
- Public health4→16
- Health administration4→16
- Health informatics6→17
Newly emergingmHealth 0→5 · Health equity 0→5 · Mental health 0→4
Landmark Blockchain Technology in Healthcare: A Systematic Review · 1,061 cites
Common questions
How many Healthcare IT companies are there in Ontario, Canada?
Radar tracks 477 indexable Healthcare IT companies headquartered in Ontario, Canada that meet our profile-completeness bar.
What is the total funding raised by Healthcare IT companies in Ontario, Canada?
The Healthcare IT companies in Ontario, Canada on this list have raised a combined $1.6B in disclosed equity funding across 112 funded companies.
Which is the highest-funded Healthcare IT company in Ontario, Canada?
PointClickCare is the highest-funded Healthcare IT company in Ontario, Canada, with $283.2M in disclosed equity funding.
How many Healthcare IT companies in Ontario, Canada are funded?
112 of the 477 Healthcare IT companies in Ontario, Canada on this list have disclosed at least one equity funding round.
How many Healthcare IT unicorns are there in Ontario, Canada?
1 Healthcare IT company in Ontario, Canada on this list is valued at $1B or more.
Who are the top investors in Ontario, Canada Healthcare IT companies?
The most active investors in Ontario, Canada Healthcare IT companies on this list include Ontario Centre of Innovation, Accelerator Centre, MaRS Discovery District, Ontario Brain Institute, Velocity.
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.