Clearwater Clinical Limited, an Ottawa, Canada-based mobile medical device company, raised $6m in Series A funding.
The round was led by Whitecap Venture Partners with participation from BDC Capital Healthcare Venture Fund.
Co-founded in 2005 by Dr. Matthew Bromwich, an ENT specialist, and led by CEO Michael Weider, Clearwater Clinical provides medical-grade mobile devices and cloud-based data management solutions for the hearing health industry.
The company is comprised of two divisions – SHOEBOX Audiometry and MODICA.
– SHOEBOX Audiometry, a clinically-validated tablet-based audiometer which enables testing of the hearing of patients in more locations, and
– MODICA, a HIPAA-compliant medical camera app designed so that physicians can securely record, archive, manage, and share photos and videos directly from
The company intends to use the funds for product development, go to market programs, and future financing strategy.
Customers in a number of industries – including hearing care multinationals, industrial workplace testing, retail and pharmaceuticals – are deploying the SHOEBOX Audiometry to scale their audiometry services.