PocketHealth

PocketHealth

Cloud platform for medical imaging records

About PocketHealth

Simplify's Rating
Why PocketHealth is rated
C-
Rated D+ on Competitive Edge
Rated B on Growth Potential
Rated D+ on Rating Differentiation

Industries

Consumer Software

Healthcare

Company Size

51-200

Company Stage

Series B

Total Funding

$54.1M

Headquarters

Toronto, Canada

Founded

2016

Overview

PocketHealth is a leading provider of a patient-centric cloud platform designed to enhance accessibility to medical imaging records. It supports seamless electronic sharing among 500+ hospitals and imaging clinics in North America. This focus on secure, unified image management demonstrates a commitment to integrating advanced technology with healthcare delivery, making it an ideal workplace for professionals who are passionate about leveraging technology to improve patient outcomes and operational efficiency in the healthcare sector.

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Funded Recently
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Simplify's Take

What believers are saying

  • PocketHealth raised $33M in Series B funding, boosting growth potential.
  • Telehealth adoption increases demand for digital solutions like PocketHealth.
  • The global medical imaging market is projected to reach $45.5 billion by 2025.

What critics are saying

  • Competition from established players like Ambra Health and Life Image is increasing.
  • Stricter data privacy regulations could raise compliance costs for PocketHealth.
  • Reliance on third-party cloud services poses risks of disruptions or data breaches.

What makes PocketHealth unique

  • PocketHealth offers a patient-centric platform for secure medical imaging sharing.
  • Founded in 2016, PocketHealth is based in Toronto, Ontario, Canada.
  • Partnerships with providers like Open MRI enhance service quality and patient experience.

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Funding

Total Funding

$54.1M

Meets

Industry Average

Funded Over

4 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
Meet Average

Industry standards

$35M
$33M
PocketHealth
$45M
Linktree
$65M
Substack
$100M
ClickUp

Benefits

Remote Work Options

Paid Vacation

Unlimited Paid Time Off

Mental Health Support

Stock Options

Growth & Insights and Company News

Headcount

6 month growth

↑ 1%

1 year growth

↑ 1%

2 year growth

↑ 0%
Pocket Health
Mar 20th, 2024
PocketHealth Closes $33M USD in Series B Funding | PocketHealth

PocketHealth has raised $33M USD in Series B funding. Investors include Round13 Capital, Deloitte Ventures, Samsung Next, Questa Capital and Radical Ventures.

Finsmes
Mar 31st, 2022
Pockethealth Closes $16M Series A Financing

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 [] The post PocketHealth Closes $16M Series A Financing appeared first on FinSMEs.

Pocket Health
Aug 31st, 2021
Stein leaves Tophatmonocle Corp. as Chief Marketing Officer

Stein joins PocketHealth from Top Hat, where he served as the company’s first Chief Marketing Officer.

Pocket Health
Jun 10th, 2021
PocketHealth partners with Open MRI, LLC

“PocketHealth is very excited to partner with Open MRI to help improve the quality of service for their patients through digital diagnostic image sharing.”

CanHealth
Apr 29th, 2020
PocketHealth raises $9.2 million in financing

TORONTO – PocketHealth, a platform enabling patients to securely access and share medical imaging with doctors, announced it has raised $6.5 million USD (CAD$9.2M) in financing, led by Radical Ventures. Since its launch in 2016, PocketHealth has grown rapidly, creating an image management solution used by over 500

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