Evinance

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

Evinance is a company based in Montreal (Canada) founded in 2012 was acquired by Varian Medical Systems in February 2018.. Evinance has raised $19.81 thousand across 1 funding round from investors including Varian and Startupbootcamp. Evinance operates in a competitive market with competitors including ProVation Medical, CureApp, Envision Healthcare, HNI Healthcare and Eon, among others.

  • Headquarter Montreal, Canada
  • Sectors
    Healthcare
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Healthcare → Health Technology & Digital Health
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $19.81 K (USD)

    in 1 rounds

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

    Feb 26, 2013

  • Investors
    Varian

    & 1 more

  • Employee Count
    Employee Count
  • Acquired by
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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
  • Total Rounds 1
  • Last Round Seed — $19,810
  • First Round

    (26 Feb 2013)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Feb, 2013 Amount Seed - Evinance Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

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. 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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Tech focused global accelerator firm
Founded Year Domain Location
Varian is focused on developing cancer treatment technologies.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Evinance

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Evinance

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Evinance Comparisons

Employees
+
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Competitors of Evinance

Evinance 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 ProVation Medical, CureApp, Envision Healthcare, HNI Healthcare and Eon, 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
domain founded_year HQ Location
Provides electronic order set, care plan, and procedural documentation solutions.
domain founded_year HQ Location
Therapeutic mobile applications for medical conditions are developed.
domain founded_year HQ Location
Cloud-based healthcare analytics solutions are provided by EnvisionHealth.
domain founded_year HQ Location
Physician practice management and customized hospitalist programs are delivered.
domain founded_year HQ Location
Patient management software is provided for healthcare data and monitoring.
domain founded_year HQ Location
Mobile clinical guidelines and protocols are accessed offline by professionals.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Evinance

Varian Acquires Evinance Innovation, Inc.
Prnewswire7 years ago

Frequently Asked Questions about Evinance

When was Evinance founded?

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

Where is Evinance located?

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

Is Evinance a funded company?

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 26, 2013.

What does Evinance do?

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.

Who are the top competitors of Evinance?

Evinance's top competitors include Envision Healthcare, ProVation Medical and AgileMD.

Who are Evinance's investors?

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

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