About Felix
Felix is a company based in Toronto (Canada) founded in 2019 by Kyle Zien and Emma Stern. It operates as a On-Demand Services, and HealthTech. Felix has raised $77.3 million across 5 funding rounds from investors including Scotiabank, BMO and BDC. The company has 50 employees as of December 31, 2024. Felix offers products and services including Weight Loss Treatment, Erectile Dysfunction Treatment, and Mental Health Support. Felix operates in a competitive market with competitors including Well.ca, My Lil’ Healthbot, Sinclair Dental, DawaSwift and MedsOnWheels, among others.
- Headquarter Toronto, Canada
- Employees 50 as on 31 Dec, 2024
- Founders Kyle Zien, Emma Stern
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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
*********
- Legal Name Felix Health 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
$77.3 M (USD)
in 5 rounds
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Latest Funding Round
$53 M (USD), Series C
Oct 23, 2025
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Investors
Scotiabank
& 8 more
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Employee Count
50
as on Dec 31, 2024
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Products & Services of Felix
Felix offers a comprehensive portfolio of products and services, including Weight Loss Treatment, Erectile Dysfunction Treatment, and Mental Health Support. 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.
Personalized weight loss plans are provided online.
Online prescriptions for erectile dysfunction are offered.
Mental health treatments are accessible via platform.
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Funding Insights of Felix
Felix has successfully raised a total of $77.3M across 5 strategic funding rounds. The most recent funding activity was a Series C round of $53 million completed in October 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 5
- Last Round Series C — $53.0M
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First Round
First Round
(01 Mar 2019)
- Investors Count 9
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2025 | Amount | Series C - Felix | Valuation | Canadian Business Growth Fund | |
| Apr, 2023 | Amount | Series B - Felix | Valuation | BDC | |
| Dec, 2020 | Amount | Series A - Felix | Valuation | Whitecap Venture Partners |
| 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 Felix
Felix has secured backing from 9 investors, including institutional and venture fund investors. Prominent investors backing the company include Scotiabank, BMO and BDC. 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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Growth capital investments are made by this private equity firm.
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Founded Year | Domain | Location | |
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Whitecap VP is engaged in venture capital investments for startups.
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Founded Year | Domain | Location | |
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Early-stage tech-focused micro VC firm funding companies in Canada
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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 Felix
| 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 - Felix
| 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 |
Felix Comparisons
Competitors of Felix
Felix 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 Well.ca, My Lil’ Healthbot, Sinclair Dental, DawaSwift and MedsOnWheels, 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 |
Health, beauty, and baby products are retailed online in Canada.
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| domain | founded_year | HQ Location |
Medicines and health products are ordered via digital health bots.
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| domain | founded_year | HQ Location |
Online pharmacy for the purchase of drugs and medical equipment
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| domain | founded_year | HQ Location |
Provider of an online pharmacy for medications
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| domain | founded_year | HQ Location |
Offers delivery solutions for pharmacy medications nationwide.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Felix
Frequently Asked Questions about Felix
When was Felix founded?
Felix was founded in 2019.
Where is Felix located?
Felix is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.
Who is the current CEO of Felix?
Kyle Zien is the current CEO of Felix. They have also founded this company.
Is Felix a funded company?
Felix is a funded company, having raised a total of $77.3M across 5 funding rounds to date. The company's 1st funding round was a Series A of $7.85M, raised on Mar 01, 2019.
How many employees does Felix have?
As of Dec 31, 2024, the latest employee count at Felix is 50.
What does Felix do?
Felix is established as Canadas first integrated healthcare platform, focusing on on-demand treatment for everyday health needs. Services are provided for conditions such as weight loss, mental health, sexual health, and more. Diagnosis and prescriptions are facilitated online, with treatments delivered directly to customers. The platform operates across multiple Canadian provinces, ensuring accessibility from home. Personalized care plans are developed by licensed practitioners to address individual health goals.
Who are the top competitors of Felix?
Felix's top competitors include Well.ca, Sinclair Dental and My Lil’ Healthbot.
What products or services does Felix offer?
Felix offers Weight Loss Treatment, Erectile Dysfunction Treatment, and Mental Health Support.
Who are Felix's investors?
Felix has 9 investors. Key investors include Scotiabank, BMO, BDC, Canadian Business Growth Fund, and Whitecap VP.
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