Swift Medical

Swift Medical

Digital wound care management platform for healthcare

About

Swift Medical focuses on wound care management technology for healthcare providers. Its digital platform offers real-time insights through comprehensive dashboards, allowing providers to track wound healing and improve patient outcomes while reducing hospital readmissions. The subscription-based model ensures continuous support and updates, setting Swift Medical apart from competitors. The company's goal is to enhance patient care and streamline clinical workflows in the healthcare sector.

Company Stage

Growth Equity (Venture Capital)

Employees

51-200

Industries

Enterprise Software, Healthcare

Total Funding

$20.6M

Headquarters

Toronto, Canada

Founded

2015


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Simplify's Take

What believers are saying

  • The global wound care market is projected to reach $24.8 billion by 2025.
  • Increased telehealth adoption drives demand for digital wound care solutions like Swift Medical's.
  • Swift Medical's platform aligns with value-based care, improving outcomes and reducing readmissions.

What critics are saying

  • Leadership changes may disrupt operations or delay ongoing projects.
  • New technologies like Swift AutoDepth may face adoption challenges among healthcare providers.
  • Intensifying competition in AI-based digital health solutions pressures Swift Medical to innovate.

What makes Swift Medical unique

  • Swift Medical offers AI-powered wound care solutions, enhancing diagnostic and treatment capabilities.
  • The platform integrates wound assessments into patient charts, eliminating duplicate documentation.
  • Swift AutoDepth technology allows smartphone-based wound depth measurements, increasing accessibility.

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Growth & Insights
Headcount

6 month growth

-1%

1 year growth

-17%

2 year growth

-24%

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