About Adaptiiv
Adaptiiv is a company based in Halifax (Canada) founded in 2016 by Alex Dunphy.. Adaptiiv has raised $15.2 million across 12 funding rounds from investors including Atlantic Canada Opportunities Agency. Adaptiiv offers products and services including 3D Bolus Software, Modulated Electron Bolus Software, AOD – TrueFit Bolus, AOD – TrueFlex Bolus, and 3D Brachy Nova Surface Applicator Software. Adaptiiv operates in a competitive market with competitors including Thyme Care, Karkinos Healthcare, Carevive, Cordata Healthcare Innovations and Navigating Cancer, among others.
- Headquarter Halifax, Canada
- Founders Alex Dunphy
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Sectors
HealthcareTechnology
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Email
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Phone
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Website
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Social
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- Legal Name Adaptiiv Medical Technologies Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$15.2 M (USD)
in 12 rounds
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Latest Funding Round
$4.71 M (USD), Series B
Aug 15, 2025
- Investors
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Employee Count
Employee Count
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Products & Services of Adaptiiv
Adaptiiv offers a comprehensive portfolio of products and services, including 3D Bolus Software, Modulated Electron Bolus Software, AOD – TrueFit Bolus, AOD – TrueFlex Bolus, and 3D Brachy Nova Surface Applicator Software. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Software for creating 3D printed boluses in cancer treatment
Software for modulated electron bolus in radiation therapy
Platform for designing patient-specific bolus accessories
Software for flexible bolus creation in treatments
Software for brachytherapy surface applicator design
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Funding Insights of Adaptiiv
Adaptiiv has successfully raised a total of $15.2M across 12 strategic funding rounds. The most recent funding activity was a Series B round of $4.71 million completed in August 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 12
- Last Round Series B — $4.7M
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First Round
First Round
(24 May 2016)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Aug, 2025 | Amount | Series B - Adaptiiv | Valuation |
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| Jan, 2025 | Amount | Series B - Adaptiiv | Valuation |
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| Apr, 2020 | Amount | Series B - Adaptiiv | Valuation |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
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Investors in Adaptiiv
Adaptiiv has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Atlantic Canada Opportunities Agency. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Economic development in Atlantic Canada is supported by federal initiatives.
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Adaptiiv
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Adaptiiv
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Adaptiiv Comparisons
Competitors of Adaptiiv
Adaptiiv operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Thyme Care, Karkinos Healthcare, Carevive, Cordata Healthcare Innovations and Navigating Cancer, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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Provider of home nursing care services
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Comprehensive oncology services are offered via a cancer care platform.
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Provides personalized cancer care plans for patients
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Care coordination solutions for spine and oncology are provided.
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Patient engagement portal is provided for cancer patients' health management.
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Adaptiiv
Frequently Asked Questions about Adaptiiv
When was Adaptiiv founded?
Adaptiiv was founded in 2016.
Where is Adaptiiv located?
Adaptiiv is headquartered in Halifax, Canada. It is registered at Halifax, Nova Scotia, Canada.
Who is the current CEO of Adaptiiv?
Peter Hickey is the current CEO of Adaptiiv.
Is Adaptiiv a funded company?
Adaptiiv is a funded company, having raised a total of $15.2M across 12 funding rounds to date. The company's 1st funding round was a Series B of $3.4M, raised on May 24, 2016.
What does Adaptiiv do?
Adaptiiv is a company that offers software for developing 3D bolus for cancer patients. Their solutions include Uniform Thickness Bolus, Modulated Electron Bolus and Brachytherapy Applicator. Uniform Thickness Bolus solution uses patients CT scan reports to form a personalised bolus, they develop 3D model of the bolus which is printed using a 3D printer. Modulated Electron Bolus enables doctors to change the thickness of the bolus for medicine dispensing. Brachytherapy Applicator is used to treat various skin lesions including basal and squamous cell carcinoma.
Who are the top competitors of Adaptiiv?
Adaptiiv's top competitors include Thyme Care, Karkinos Healthcare and Carevive.
What products or services does Adaptiiv offer?
Adaptiiv offers 3D Bolus Software, Modulated Electron Bolus Software, AOD – TrueFit Bolus, AOD – TrueFlex Bolus, and 3D Brachy Nova Surface Applicator Software.
Who are Adaptiiv's investors?
Adaptiiv has 1 investor. Key investors include Atlantic Canada Opportunities Agency.
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