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Smile Digital Health Closes $30 Million In Series B Funding To Progress Innovation As World-Leading Health Data Fabric

PRIVATEJan 26, 2023

Amount Raised

$30 Million

Round Type

Series B

TorontoHealth CareArtificial IntelligenceMachine Learning

Description

Smile CDR Inc. (doing business as Smile Digital Health) ("Smile"), a leading FHIR® health data fabric (HDF) and exchange solutions provider, announced the closing of approximately $30 million in Series B growth capital led by existing investors including UPMC Enterprises.

Quick answer

Smile Digital Health raised $30 Million in a Series B round, dated January 26, 2023. Smile Digital Health is based in Toronto, Ontario, Canada.

How much did Smile Digital Health raise?
Smile Digital Health raised $30 Million in a Series B round on January 26, 2023.
What does Smile Digital Health do?
Smile Digital Health is a health information technology company focused on delivering better global health through open standards.
Where is Smile Digital Health based and how big is it?
Smile Digital Health is based in Toronto, Ontario, Canada.
Who are the decision-makers at Smile Digital Health?
Fundz holds 1 contact at Smile Digital Health, including the CFO. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Health Care and Artificial Intelligence around the same time

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

  • CodaMetrix raised $55M (Series A) on February 27, 2023.
  • Pathos AI raised $20M on February 17, 2023.
  • Predicta Med raised an undisclosed amount (Funding Round) on February 10, 2023.
  • Avicenna.AI raised an undisclosed amount (Series A) on February 8, 2023.
  • Incepto raised $3M (Seed) on February 3, 2023.
  • Ferrum Health raised $6M (Funding Round) on January 12, 2023.

Who to call at Smile Digital Health, and when

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

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

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Company Information

Company

Smile Digital Health

Location

Toronto, Ontario, Canada

About

Smile Digital Health is a health information technology company focused on delivering better global health through open standards. Our enterprise-grade, open framework data fabric and integration platform fuels healthcare's digital transformation and accelerates value creation across all patient journeys at scale. Powered by our HL7® FHIR® standard-based clinical data repository (#SmileInside), our platform enables collaboration and allows organizations to ingest, transform, store, enrich, analyze, aggregate and meaningfully share the health information to power digital transformation. We prepare healthcare providers, payers, researchers and life sciences organizations for a connected future beyond legacy systems, adding new value through intelligent use of information and ultimately delivering better patient outcomes. For more information, visit: SmileDigitalHealth.com.

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Related People

1 contact
Verified contactsBruno K., CFO hiddenSee plans and pricing
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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

Smile Digital Health 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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