Canvas Medical

Canvas Medical

EMR platform optimizing scheduling, billing, engagement

About Canvas Medical

Simplify's Rating
Why Canvas Medical is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Data & Analytics

Enterprise Software

Healthcare

Company Size

11-50

Company Stage

Series B

Total Funding

$44M

Headquarters

San Francisco, California

Founded

2015

Overview

Canvas Medical provides a cloud-based EMR platform for medical practices, including scheduling, data exchange, patient engagement, and revenue cycle management to boost profitability and efficiency. The platform integrates clinical workflows and billing, supports both fee-for-service and value-based models, and helps reduce denials. It differentiates by combining core health IT tools in one integrated system aligned to natural workflows, enabling care teams to focus on patient care. The goal is to create a more effective, integrated Health IT platform that improves clinical outcomes and financial sustainability for practices.

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Simplify's Take

What believers are saying

  • Named 2026 Best in KLAS for Ambulatory Specialty EHR with composable plugins.
  • Route 66 Ventures invests to position Canvas as AI orchestration layer in outpatient care.
  • ONC certification supports value-based payments and FHIR API for seamless data exchange.

What critics are saying

  • Epic's AI agent captures 40% larger ambulatory market, outpacing Hyperscribe in 12 months.
  • Nabla's copilot automates 30% more orders, eroding Canvas specialty share in 6 months.
  • FDA cracks down on GLP-1 protocols, slashing Anova revenue by 25% in 3 months.

What makes Canvas Medical unique

  • Canvas launches Hyperscribe, open-source AI copilot using ambient audio for documentation.
  • Canvas SDK enables general availability for safe AI automations and deep integrations.
  • Anova provides first EMR for longevity medicine with protocols for GLP-1 and hormones.

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Funding

Total Funding

$44M

Below

Industry Average

Funded Over

3 Rounds

Series B funding is typically for startups that have proven their business model and need more funding to expand rapidly—often by entering new markets or adding more products. Investors are usually venture capital firms that specialize in later-stage investments.
Series B Funding Comparison
Below Average

Industry standards

$35M
$30M
Patreon
$45M
Linktree
$65M
Substack
$100M
ClickUp

Benefits

Health Insurance

Home Office Stipend

401(k) Retirement Plan

Unlimited Paid Time Off

Parental Leave

Growth & Insights and Company News

Headcount

6 month growth

2%

1 year growth

0%

2 year growth

-2%
Medium
Aug 18th, 2025
Canvas Medical: Disruptive EMR Investment Announced

Route 66 Ventures has invested in Canvas Medical, a modern EMR platform, aiming to make it the default AI orchestration layer in outpatient care. The investment is based on the belief that current point solutions and legacy EMRs cannot support AI's full potential in healthcare. Canvas Medical, led by Adam and Andrew, is expected to become the future care delivery operating platform, integrating AI into clinical workflows.

HIT Consultant
Mar 19th, 2025
Canvas Medical Launches Hyperscribe, an Open Source AI Copilot for Clinicians

- Canvas Medical, the EMR company accelerating everyday medicine, today announced the launch of Hyperscribe, an open source artificial intelligent (AI) copilot that uses ambient audio to write clinical documentation and orders collaboratively with other AI agents.

HIT Consultant
Mar 19th, 2025
Canvas Medical Launches Hyperscribe, An Open Source Ai Copilot For Clinicians

What You Should Know:– Canvas Medical, the EMR company accelerating everyday medicine, today announced the launch of Hyperscribe, an open source artificial intelligent (AI) copilot that uses ambient audio to write clinical documentation and orders collaboratively with other AI agents.– Built with the Canvas software development kit (SDK), Hyperscribe leverages instant access to complete patient medical data, continuous real-time event streams and agentic control of the Canvas EMR user interface, setting a new precedent for accessibility, transparency and effectiveness in clinical workflow automation.Canvas Medical Advances AI Governance in Healthcare with HyperscribeFounded in 2015, Canvas Medical is revolutionizing electronic medical records (EMR) by enabling seamless integration, developer tools, and an open data architecture that enhances clinician workflows. Its solutions automate processes with complete patient context, reducing administrative burdens and driving better outcomes across various care models and outpatient specialties.As AI adoption in healthcare expands, robust AI governance is becoming essential to ensure transparency, safety, and efficacy. While organizations like the Coalition for Health AI and the Joint Commission have established foundational frameworks, practical implementation examples remain scarce. Canvas Medical is setting a new industry standard with Hyperscribe, an AI-driven documentation tool that promotes governance through:Reproducible evaluation code , ensuring transparency in AI model performance, ensuring transparency in AI model performance Publicly available evaluation datasets , allowing for open benchmarking and validation, allowing for open benchmarking and validation Comparative AI model analysis, assessing Hyperscribe alongside third-party AI scribes and copilots“Our customers have long recognized that traditional EMRs fail to meet their evolving needs, and now they are demanding AI-powered solutions that actively collaborate with care teams,” said Adam Farren, CEO of Canvas Medical. “With Hyperscribe, we are accelerating into this future by demonstrating how AI agents can work together on the Canvas platform, delivering compounding value through our publicly available developer tools.”Hyperscribe offers more advanced functionality than competing AI scribe solutions, with key features including:Composable Chaining – Automates task integration within the EMR, allowing outputs from one task to trigger the next. This streamlines patient referrals, eligibility verification, insurance claims, and clinical decision support .– Automates task integration within the EMR, allowing outputs from one task to trigger the next

PR Newswire
Dec 5th, 2024
Canvas Medical Announces General Availability Of Canvas Sdk: Unprecedented Controls For Safe Ai Adoption, Custom Automations, And Deep Integrations

SAN FRANCISCO, Dec. 5, 2024 /PRNewswire/ -- Canvas Medical, the EMR company accelerating everyday medicine, today announced the general availability of its Canvas SDK. The progression of the Canvas SDK from closed beta into general availability represents a major expansion in capabilities for workflow automation, ecosystem integration, and the safe adoption of novel AI copilots and agents. Leading organizations like Duo Health, an early beta participant, have already experienced the transformative power of the Canvas SDK. Bryan Adams, CTO at Duo Health, remarked, "Extensions allow our EMR to serve our workflow, rather than building our workflow around the constraints of an inflexible, incumbent EMR. We're using Extensions to drive impact, for example, to help our providers accurately assess our patients, allow our care managers to identify and follow up with patient-specific goals, and help our administrative staff quickly figure out who needs a phone call

PR Newswire
Nov 19th, 2024
Canvas Medical Announces Anova™ -- The Electronic Medical Record For Longevity Medicine

Designed in partnership with leading longevity doctor Anant Vinjamoori, Anova creates an all-in-one solution for state-of-the-art care. SAN FRANCISCO, Nov. 19, 2024 /PRNewswire/ -- Canvas Medical, the EMR company accelerating everyday medicine, today announced the launch of Anova™, a breakthrough electronic medical record (EMR) system specifically designed for the rapidly growing field of longevity medicine. Built on the Canvas Medical EMR infrastructure in collaboration with Anant Vinjamoori, MD, a leading longevity physician, Anova delivers a fully integrated platform that empowers clinicians to better treat aging-related conditions, optimize patient health and grow their practice from day one. People are more dissatisfied with conventional medicine today than ever before. They demand an approach that is personalized, proactive and centered on their goals

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