Pocket Health

Overview
News
Telehealth?
Product stageSegments
Early
?
Asynchronous Store and Forward Service
?

Asynchronous store and forward service provider Pocket Health is Canada’s first platform to allow patients to upload their own medical imaging records such as X-rays, ultrasounds, CT scans, and MRIs. Patients can access and share these high-resolution records with healthcare providers across any network for diagnosis and for reports using a similar concept to Dropbox for health scans. The images are encrypted for access via multiple devices. The platform also helps patients understand their results as it provides in-app functions to explain medical phrases in layman’s terms.

In July 2023, the company launched Appointment Reminders, a new product integrated into its image-sharing platform for healthcare providers. Appointment Reminders enables healthcare providers to send automated, personalized prep instructions and scheduling reminders to patients via email or text messages.

The company operates on a B2B2C basis and, as of March 2022, has partnered with over 550 imaging providers and hospitals across North America. The company offers a subscription fee (USD 50) or pay-as-you-go option (USD 5). The Cleveland Clinic is one of its notable clients. The firm also offers an enterprise subscription where hospitals can share images with other healthcare providers. As of January 2023, the company has worked with over 900,000 patients.

Funding and financials

In March 2024, the company raised CAD 33 million (USD 24.3 million) in a Series B funding round led by Round13 Capital, including participation from other venture capital firms including Deloitte Ventures and Samsung Next. The raised funds were set aside to enhance how medical images are shared and to expand the company's presence in the US and Canada. Additionally, the funding was also earmarked to aid in intensifying the use of AI in personalizing patient care. The company planned to accomplish these goals by doubling their workforce in the coming two years.

HQ location:
10 Dundas St E. Toronto ON CAN
Founded year:
2016
Employees:
101-250
IPO status:
Private
Total funding:
USD 55.5 mn
Last Funding:
USD 33.0 mn (Series B; Mar 2024)
Last valuation:
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Key competitors
 
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Company profile
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