About MD Matrix
MD Matrix is a Healthcare company based in Toronto (Canada) founded in 2014 by Nayyar Razvi and Ron Angellotti, and was acquired by Biotricity in August 2020. It operates as an online doctor consultations are facilitated through a digital platform. Its focus areas include HealthTech, Healthcare IT, Provider and Hospital Information Systems. Its competitors include Teladoc Health, Maple, Henry Schein, Practice Better and MEDFAR International and 2 more; 6 of its 7 listed competitors have raised funding.
Company details
MD Matrix was established in 2014 in Toronto, Canada, as an online platform focused on healthcare services. Doctor consultations are enabled remotely via the md-matrix.com domain, allowing users to access medical advice without in-person visits. The telemedicine sector is served by this operation, which connects patients with professionals. Leadership is provided by co-founders Nayyar Razvi and Ron Angellotti, both designated as CMOs.
- Headquarters Toronto, Canada
- Founders Nayyar Razvi, Ron Angellotti
- Stage Acquired
- SectorsHealthcare
- Website md-matrix.com
- Acquired by Biotricity (Aug 2020)
- Investors
- Acquired byBiotricity
(Aug 2020)
Investors in MD Matrix
MD Matrix has secured backing from 1 investor. Prominent investors backing the company include Biotricity.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Developer of medical remote monitoring solutions that help prevent and manage chronic diseases | 2014 | biotricity.com | San Francisco, United States |
Investor details for MD Matrix
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of MD Matrix
2 people are tracked at MD Matrix (2 in leadership).
| Name | Role | Group |
|---|---|---|
Nayyar Razvi | Co-Founder & CMO | Leadership |
Ron Angellotti | Co-Founder & CMO | Leadership |
Complete people profiles for MD Matrix
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of MD Matrix
2 dated milestones of MD Matrix across 6 years, from founding to its latest funding, stage changes and deals.
- Founded MD Matrix is founded.
- Exit Acquired by Biotricity.
Competitors of MD Matrix
MD Matrix has 7 listed competitors in our database, 6 of them funded. They include Teladoc Health, Maple, Henry Schein, Practice Better and MEDFAR International, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| intouchhealth.com | 2002 | Santa Barbara, United States | $93.29M | 348 | SaaS-based robotic telehealth tools are provided for healthcare providers. | |
| getmaple.ca | 2015 | Toronto, Canada | $71.87M | 144 | Remote doctor consultations are offered via on-demand video conferencing. | |
| henryschein.com | 1932 | Melville, United States | – | 25,000 | Practice management and EMR software are provided to medical practitioners. | |
| practicebetter.io | 2014 | Toronto, Canada | $27M | – | Cloud-based nutrition practice management software is offered for wellness professionals. | |
| medfarsolutions.com | 2010 | Montreal, Canada | $41.91M | – | Cloud-based clinical practice management system for providers | |
| novxsystems.com | 2003 | Markham, Canada | $18.15M | – | Web-based EMR and case management software is provided for healthcare. | |
| mandolin.com | 2020 | Indianapolis, United States | $57M | – | AI platform for electronic health records is provided by Mandolin. |
Detailed competitors of MD Matrix
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in Clinical IT & Data Platforms
10 companies that operate in the same segment as MD Matrix (Clinical IT & Data Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Provider of fitness memberships encompassing group classes, gyms, and at-home workouts | 2016 | Bengaluru, Karnataka, India | USD 716.99 M | – | 1,832 | |
Employee health benefits are facilitated via a cloud-based platform. | 2007 | Plymouth Meeting, Pennsylvania, United States | USD 228.3 M | – | – | |
Healthcare appointments are booked online via Zocdoc's platform. | 2007 | New York, New York, United States | USD 425.97 M | USD 4.66 M | 1,365 | |
Virtual physical therapy and digital pain care solutions are provided. | 2015 | San Francisco, California, United States | USD 854.44 M | – | 1,746 | |
Tech-enabled mental health solutions for employers are provided. | 2016 | New York, New York, United States | USD 473.73 M | – | 3,902 | |
App-based health insurance is offered to individuals and businesses. | 2016 | Paris, Ile de France, France | USD 863.12 M | – | 1,606 | |
Virtual care programs for managing chronic diseases are provided. | 2011 | San Francisco, California, United States | USD 450.12 M | USD 260.21 M | 992 | |
AI-driven EMR and practice management software is delivered for clinics. | 2010 | Boca Raton, Florida, United States | USD 329.17 M | – | 2,470 | |
Cloud-based administrative tools for healthcare providers are offered. | 1997 | Watertown, United States | USD 40 M | – | – | |
Membership-based primary care platform is offered for employees and consumers. | 2007 | San Francisco, California, United States | USD 402.56 M | – | – |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track β from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Related news about Md Matrix
Complete news archive for MD Matrix
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about MD Matrix
MD Matrix was founded in 2014.
MD Matrix is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.
MD Matrix was established in 2014 in Toronto, Canada, as an online platform focused on healthcare services. Doctor consultations are enabled remotely via the md-matrix.com domain, allowing users to access medical advice without in-person visits. The telemedicine sector is served by this operation, which connects patients with professionals. Leadership is provided by co-founders Nayyar Razvi and Ron Angellotti, both designated as CMOs.
MD Matrix's top competitors include Teladoc Health, Henry Schein and Practice Better.
MD Matrix has 1 investor. Key investors include Biotricity.
Yes. MD Matrix was acquired by Biotricity in August 2020.

