About Canvas Medical
Canvas Medical is a company based in San Francisco (United States) founded in 2015.. Canvas Medical has raised $44 million across 3 funding rounds from investors including M13 Company, Inspired Capital and IA Ventures. The company has 18 employees as of December 31, 2024. Canvas Medical offers products and services including Canvas EMR, Canvas SDK, and Extensions. Canvas Medical operates in a competitive market with competitors including Elation Health, AdvancedMD, nference, HealthPlix and Net Health, among others.
- Headquarter San Francisco, United States
- Employees 18 as on 31 Dec, 2024
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Sectors
Healthcare
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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 Canvas Medical, 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
$44 M (USD)
in 3 rounds
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Latest Funding Round
$24 M (USD), Series B
Jul 14, 2022
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Investors
M13 Company
& 7 more
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Employee Count
18
as on Dec 31, 2024
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Products & Services of Canvas Medical
Canvas Medical offers a comprehensive portfolio of products and services, including Canvas EMR, Canvas SDK, and Extensions. 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.
Customized platform for patient management and workflows
Framework for creating AI-powered healthcare integrations
Tools for therapy and chronic care management features
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Funding Insights of Canvas Medical
Canvas Medical has successfully raised a total of $44M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $24 million completed in July 2022. 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 3
- Last Round Series B — $24.0M
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First Round
First Round
(28 Mar 2018)
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2022 | Amount | Series B - Canvas Medical | Valuation | M13 Company | |
| Apr, 2021 | Amount | Series A - Canvas Medical | Valuation | Inspired Capital , IA Ventures | |
| Mar, 2018 | Amount | Seed - Canvas Medical | Valuation | Upfront Ventures |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Canvas Medical
Canvas Medical has secured backing from 8 investors, including venture fund and institutional investors. Prominent investors backing the company include M13 Company, Inspired Capital and IA Ventures. 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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Multiple sectors are invested in by M13 venture capital fund.
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Founded Year | Domain | Location | |
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Seed and early-stage venture capital firm focusing on investments in technology and fintech companies
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Founded Year | Domain | Location | |
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Venture capital funding is provided to early-stage companies.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Canvas Medical
| 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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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Canvas Medical
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Canvas Medical Comparisons
Competitors of Canvas Medical
Canvas Medical 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 Elation Health, AdvancedMD, nference, HealthPlix and Net Health, 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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| domain | founded_year | HQ Location |
Online EHR is offered for private practice physicians' patient-centered care.
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| domain | founded_year | HQ Location |
Cloud-based practice management, electronic health record (EHR), and medical scheduling software
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| domain | founded_year | HQ Location |
AI platform provided for clinical data analysis and insights.
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| domain | founded_year | HQ Location |
EMR and clinic management software is provided for healthcare professionals.
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| domain | founded_year | HQ Location |
End-to-end solutions for specialized outpatient care are delivered.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Canvas Medical
Frequently Asked Questions about Canvas Medical
When was Canvas Medical founded?
Canvas Medical was founded in 2015 and raised its 1st funding round 3 years after it was founded.
Where is Canvas Medical located?
Canvas Medical is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Who is the current CEO of Canvas Medical?
Adam Farren is the current CEO of Canvas Medical.
Is Canvas Medical a funded company?
Canvas Medical is a funded company, having raised a total of $44M across 3 funding rounds to date. The company's 1st funding round was a Seed of $3M, raised on Mar 28, 2018.
How many employees does Canvas Medical have?
As of Dec 31, 2024, the latest employee count at Canvas Medical is 18.
What does Canvas Medical do?
Canvas Medical was founded in 2015 and is headquartered in San Francisco, United States. EMR and practice management solutions are offered specifically for primary care providers. Charting documents for patient history, physical exams, diagnoses, and related elements are included in the system. Micro templates can be configured by doctors for exams, review systems, and questionnaires. A universal search feature is available for all components of a patients chart.
Who are the top competitors of Canvas Medical?
Canvas Medical's top competitors include Elation Health, HealthPlix and AdvancedMD.
What products or services does Canvas Medical offer?
Canvas Medical offers Canvas EMR, Canvas SDK, and Extensions.
Who are Canvas Medical's investors?
Canvas Medical has 8 investors. Key investors include M13 Company, Inspired Capital, IA Ventures, Upfront Ventures, and Haystack AI.
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