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Pockethealth Closes $16M Usd ($20M Cad) Series A Financing To Transform How Patients And Care Providers Access And Share Medical Images

PRIVATEMar 31, 2022

Amount Raised

$16 Million

Round Type

Series A

TorontoSoftwareHealth Care

Description

PocketHealth, the patient-centric medical image sharing platform, today announced that it has raised $16 million USD ($20 million CAD) in Series A funding led by healthcare venture capital firm Questa Capital. Initial venture capital investor Radical Ventures also participated in the round, which brings the total capital raised to date by PocketHealth to $22.5 million USD ($29 million CAD). PocketHealth will use the funding to expand its talent base, build new U.S. and Canada clinical partnerships and continue to invest in product innovation.

Quick answer

PocketHealth raised $16 Million in a Series A round, dated March 31, 2022. PocketHealth is based in Toronto, Ontario, Canada.

How much did PocketHealth raise?
PocketHealth raised $16 Million in a Series A round on March 31, 2022.
What does PocketHealth do?
PocketHealth is the only patient-centric image sharing platform, enabling patients to easily access and engage with their diagnostic imaging records.
Where is PocketHealth based and how big is it?
PocketHealth is based in Toronto, Ontario, Canada.
Who are the decision-makers at PocketHealth?
Fundz holds 1 contact at PocketHealth. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Software and Health Care around the same time

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

  • PatientIQ raised $20M (Funding Round) on May 12, 2022.
  • Somnoware raised an undisclosed amount (Funding Round) on May 12, 2022.
  • Health Catalyst raised $6M on May 12, 2022.
  • Agile Occupational Medicine raised an undisclosed amount (Angel) on May 11, 2022.
  • Sequentify raised $7M (Funding Round) on May 10, 2022.
  • Toothsi raised $40M (Funding Round) on May 2, 2022.

Who to call at PocketHealth, and when

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

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

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Company Information

Company

PocketHealth

Location

Toronto, Ontario, Canada

About

PocketHealth is the only patient-centric image sharing platform, enabling patients to easily access and engage with their diagnostic imaging records. By eliminating any network image-sharing dependencies, PocketHealth seamlessly integrates into healthcare systems and creates efficiencies and cost savings for providers while putting patients in control of their healthcare journey. PocketHealth is trusted by over 775 hospitals and imaging centers across North America and is used by more than 1.5 million patients. Learn more at pockethealth.com.

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Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

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

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