PocketHealth Closes $16M Series A Financing

PocketHealth

PocketHealth, a Toronto, Canada-based patient-centric medical image sharing platform, raised $16m USD ($20 million CAD) in Series A funding.

The round, which brings the total capital raised to date by PocketHealth to $22.5m USD ($29m CAD), was led by Questa Capital with participation from Radical Ventures.

The company intends to use the funds to expand its talent base, build new U.S. and Canada clinical partnerships and continue to invest in product innovation. 

Founded by brothers Harsh Nayyar and Rishi Nayyar in 2016, PocketHealth is a patient-centric image sharing platform. With the solution, patients can instantly access, share and take ownership over their own medical imaging and records at any time, anywhere, and with anyone. PocketHealth also enables direct sharing between hospitals and physicians, as well as instant DICOM retrieval and automated importing capability, creating a unified image management solution for more than 550 hospitals and imaging clinics across North America.

PocketHealth is now used by more than 600,000 patients and 550 care provider sites, and will exceed one billion images stored by the end of 2022.

FinSMEs

31/03/2022