Evinance

Montreal, Canada Founded: 2012 • Age: 14 yrs Acquired By Varian Medical Systems
Patient-specific recommendations are generated via EHR-integrated decision support.

About Evinance

Evinance is a Healthcare company based in Montreal (Canada) founded in 2012, and was acquired by Varian Medical Systems in February 2018. Patient-specific recommendations are generated via EHR-integrated decision support. Evinance has raised $19.81 thousand across 1 funding round from investors including Varian and Startupbootcamp. The company was acqui-hired. Its focus areas include HealthTech, Healthcare IT, Provider and Clinical Operations.

Company details

Evinance was founded in 2012 in Montreal, Canada, within the health technology sector. A decision support platform is operated, accessible to healthcare providers and patients. Guidelines are processed by an engine that analyzes Electronic Health Record data to produce tailored recommendations. These are displayed to physicians within their EHR interfaces and to patients in accessible formats. Joint decision-making is facilitated, with outcomes focused on quality and cost improvements.

Key Metrics
  • Total Equity Funding
    $19.81K (USD)

    in 1 rounds

  • Latest Funding Round
    $19.81K (USD), Seed

    Feb 2013

  • Investors
    Varian

    & 1 more

  • Acquired by

Funding Insights of Evinance

Evinance has successfully raised a total of $19.81K through 1 strategic funding round. The most recent funding activity was a Seed round of $19.81 thousand completed in February 2013. 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 $19,810
  • Total Rounds 1
  • Last Round Seed β€” $19,810
  • First Round $19,810

    (Feb 2013)

  • Investors Count 1

All 1 funding rounds of Evinance with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Feb 2013$19,810Seed––
Valuation history

2 investors in total: 2 institutional.

Investors in Evinance

Evinance has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Varian and Startupbootcamp.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Tech focused global accelerator firm
startupbootcamp.orgLondon, United Kingdom
Varian is focused on developing cancer treatment technologies.
1948varian.comPalo Alto, United States
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Investor details for Evinance

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

  • Complete investor list
  • Round participation
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Verified entity values are shown only after access is granted.

Timeline of Evinance

3 dated milestones of Evinance across 6 years, from founding to its latest funding, stage changes and deals.

  1. Founded Evinance is founded.
  2. Funding First funding round of $20K.
  3. Exit Acquired by Varian Medical Systems.
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Related news about Evinance

Varian Acquires Evinance Innovation, Inc.
Prnewswire β€’ 8 years ago
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Frequently Asked Questions about Evinance

Evinance was founded in 2012 and raised its 1st funding round 1 year after it was founded.

Evinance is headquartered in Montreal, Canada. It is registered at Montreal, Quebec, Canada.

Evinance is a funded company, having raised a total of $19.81K across 1 funding round to date. The company's 1st funding round was a Seed of $19.81K, raised on Feb 2013.

Evinance was founded in 2012 in Montreal, Canada, within the health technology sector. A decision support platform is operated, accessible to healthcare providers and patients. Guidelines are processed by an engine that analyzes Electronic Health Record data to produce tailored recommendations. These are displayed to physicians within their EHR interfaces and to patients in accessible formats. Joint decision-making is facilitated, with outcomes focused on quality and cost improvements.

Evinance has 2 investors. Key investors include Varian, and Startupbootcamp.

Yes. Evinance was acquired by Varian Medical Systems in February 2018.

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