HEALWELL AI

Toronto, Canada Founded: 2012 • Age: 14 yrs Acquired By WELL Health Technologies Corp
AI-enabled decision support tool for healthcare providers
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About HEALWELL AI

HEALWELL AI is a company based in Toronto (Canada) founded in 2012 was acquired by WELL Health Technologies Corp in February 2024.. The company has 350 employees as of December 31, 2024. HEALWELL AI has completed 5 acquisitions, including IntraHealth, Intrahealth and Orion Health. HEALWELL AI offers products and services including AI Clinical Co-Pilot, Disease Detection Platform, and EMR Integration Tools. HEALWELL AI operates in a competitive market with competitors including Infervision, Infermedica, AItrics, Airdoc and Basys.ai, among others.

  • Headquarter Toronto, Canada
  • Employees 350 as on 31 Dec, 2024
  • Stage Public
  • Sectors
    Healthcare
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Healwell Ai Inc. Class A
Operational Areas
Healthcare → Health Technology & Digital Health
Key Metrics
  • Annual Revenue
    $27.08 M (USD)
    432.62
    as on Dec 31, 2024
  • Net Profit
    $-18.33 M (USD)
    16.54
    as on Dec 31, 2024
  • EBITDA
    $-16.38 M (USD)
    -110.33
    as on Dec 31, 2024
  • Latest Funding Round
    $14.69 M (USD), Post-IPO

    May 21, 2024

  • Investors
  • Employee Count
    350

    as on Dec 31, 2024

  • Investments & Acquisitions
    IntraHealth

    & 4 more

  • Acquired by
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IPO & Listings of HEALWELL AI

HEALWELL AI is a publicly listed company on the TSX with ticker symbol AIDX in Canada, operating in the Health services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: TSX · Ticker: AIDX . Sector: Health services · Canada

Products & Services of HEALWELL AI

HEALWELL AI offers a comprehensive portfolio of products and services, including AI Clinical Co-Pilot, Disease Detection Platform, and EMR Integration Tools. 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.

Primary

Assists physicians in detecting rare and chronic diseases early.

Screens patients for hundreds of diseases using AI data.

Unlocks siloed healthcare data for better clinical decisions.

People of HEALWELL AI
Headcount 200-500
Employee Profiles 16
Employee Profiles
People
Grant Anthony
CIO & CISO
People
Anna Taylor
Managing Director, Biopharma Services (subsidiary)
People
Erik Danudjaja
Director
People
Scott Nirenberski
Chief Financial Officer

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Funding Insights of HEALWELL AI

  • Total Funding
  • Total Rounds 4
  • Last Round Post-IPO — $14.7M
  • First Round

    (05 Oct 2023)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
May, 2024 Amount Post-IPO - HEALWELL AI Valuation

investors

Dec, 2023 Amount Post-IPO - HEALWELL AI Valuation

investors

Oct, 2023 Amount Post-IPO - HEALWELL AI 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 HEALWELL AI

HEALWELL AI has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include WELL Health Technologies Corp and Eight Capital. 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
-
Founded Year Domain Location
EMR and virtual care tools are supplied to healthcare providers.
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 HEALWELL AI

HEALWELL AI has strategically engaged in corporate development activities, having acquired 5 companies. Notable acquisitions include IntraHealth, Intrahealth and Orion Health. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

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
Acquisitions
Company Name Description Domain Location Founded Year Amount
Provider of AI-enabled tool for reliable data collection across research sites
2016
Cloud-based data management tools are supplied to healthcare professionals.
2014
Clinical and practice management software is supplied to healthcare providers.
1997
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - HEALWELL AI

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

Healwell Ai Comparisons

Employees
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Competitors of HEALWELL AI

HEALWELL AI 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 Infervision, Infermedica, AItrics, Airdoc and Basys.ai, 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
AI-based medical imaging solutions for clinical diagnosis are offered.
domain founded_year HQ Location
AI-powered medical diagnostic engine is developed for healthcare applications.
domain founded_year HQ Location
AI-powered clinical decision support systems are developed for healthcare.
domain founded_year HQ Location
Offers decision support solutions
domain founded_year HQ Location
SaaS platform for AI-assisted clinical decisions in hospitals is offered.
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 Healwell Ai

Frequently Asked Questions about HEALWELL AI

When was HEALWELL AI founded?

HEALWELL AI was founded in 2012 and raised its 1st funding round 11 years after it was founded.

Where is HEALWELL AI located?

HEALWELL AI is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.

Who is the current CEO of HEALWELL AI?

Alexander Dobranowski is the current CEO of HEALWELL AI.

How many employees does HEALWELL AI have?

As of Dec 31, 2024, the latest employee count at HEALWELL AI is 350.

What is the annual revenue of HEALWELL AI?

Annual revenue of HEALWELL AI is $27.08M as on Dec 31, 2024.

What does HEALWELL AI do?

AI-enabled decision support tool for healthcare providers. The company is focused on AI and data science for preventative care to improve healthcare and save lives through early identification and detection of disease. It offers an EMR App ecosystem providing extensive tech enablement for care providers nationally.

Who are the top competitors of HEALWELL AI?

HEALWELL AI's top competitors include Arine, Infermedica and AItrics.

What products or services does HEALWELL AI offer?

HEALWELL AI offers AI Clinical Co-Pilot, Disease Detection Platform, and EMR Integration Tools.

Is HEALWELL AI publicly traded?

Yes, HEALWELL AI is publicly traded on TSX under the ticker symbol AIDX.

How many acquisitions has HEALWELL AI made?

HEALWELL AI has made 5 acquisitions, including IntraHealth, Intrahealth, and Orion Health.

Who are HEALWELL AI's investors?

HEALWELL AI has 2 investors. Key investors include WELL Health Technologies Corp, and Eight Capital.

What is HEALWELL AI's ticker symbol?

The ticker symbol of HEALWELL AI is AIDX on TSX.

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