PocketHealth Raises $33M in Series B Funding


PocketHealth, a Toronto, Canada-based company which specializes in patient-centric medical image exchange, raised $33M USD in Series B funding.

The round was led by Round13 Capital with participation from Deloitte Ventures, Samsung Next, and existing investors Questa Capital and Radical Ventures.

The company intends to use the funds to continue to evolve how medical images are shared, leverage AI to personalize the patient’s care journey, and grow its presence across the US and Canada.

Led by CEO Rishi Nayyar, PocketHealth provides a patient-centric image sharing platform, enabling patients to access and engage with their diagnostic imaging records. By eliminating any network image-sharing dependencies, it integrates into healthcare systems and creates efficiencies and cost savings for providers while putting patients in control of their healthcare journey.

The system is used by over 775 hospitals and imaging centers across North America and is used by more than 1.5 million patients.

Commenting on the news, Rishi Nayyar said: “We’ve proven that when patients gain access to diagnostic-quality imaging and our industry-leading AI helps them understand their records, they are empowered to advocate for their care. The end result is increased patient satisfaction, a faster image sharing process for providers, and greater patient retention. Now, our goal is to make PocketHealth accessible to every patient at every provider across North America.”