Fundz

Canvas Medical, ‘The Tesla Of Emrs,’ Raises A $24 Million Series B Round

PRIVATEJul 14, 2022

Amount Raised

$24 Million

Round Type

Series B

San FranciscoSoftwareConsulting

Description

When Andrew Hines started Canvas Medical in 2015 he couldn’t have predicted that telehealth would go from niche to norm or that a pandemic would inspire entrepreneurs to launch a new fleet of digital health startups that needed fresh infrastructure. He just knew he wanted to build software for physicians like his wife, who wasted hours a day on data documentation.

Quick answer

Canvas Medical raised $24 Million in a Series B round, dated July 14, 2022. Canvas Medical is based in San Francisco, California, United States.

How much did Canvas Medical raise?
Canvas Medical raised $24 Million in a Series B round on July 14, 2022.
What does Canvas Medical do?
Canvas Medical, founded in 2015, is an EMR software company accelerating everyday medicine at the speed of science.
Where is Canvas Medical based and how big is it?
Canvas Medical is based in San Francisco, California, United States.
Who are the decision-makers at Canvas Medical?
Fundz holds 1 contact at Canvas Medical. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Consulting and Software around the same time

Companies in the same sectors as Canvas Medical that raised within 45 days of this round, from Fundz verified event records.

  • SCSK raised $26K (Pre-Seed) on July 22, 2022.
  • Valiantys raised an undisclosed amount on July 21, 2022.
  • memoryBlue raised an undisclosed amount on June 21, 2022.
  • Novva Data Centers raised $355M (Private Equity) on June 1, 2022.
  • FourKites, Inc. raised $30M (Funding Round) on August 26, 2022.
  • Woven raised $1.5M (Seed) on August 26, 2022.

Who to call at Canvas Medical, and when

A new round usually means Canvas Medical is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Canvas Medical raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Canvas Medical, from your own LinkedIn network

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Company Information

Company

Canvas Medical

Location

San Francisco, California, United States

About

Canvas Medical, founded in 2015, is an EMR software company accelerating everyday medicine at the speed of science. With Canvas, customers optimize the clinician experience using its deep unified architecture, plugins SDK, and bidirectional FHIR API. The combination of these capabilities empower customers to deploy optimized clinician workflows, connected patient experiences, and integrated healthcare data to drive better outcomes and financial performance. Canvas works with customers across all care models and verticals, from direct-to-consumer virtual care to at-risk complex care and everything in between.

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Fundz sees it the moment Canvas Medical raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

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Funding Insights

What this usually means
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach

Canvas Medical raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.