MedCurrent

Toronto, Canada Founded: 2003 • Age: 23 yrs Acquired By VitalHub
Cloud-based CDS analytics platform analyzes physician ordering patterns.
Annual revenue - Latest available
Total funding $220,773 2 rounds
Employees 15 Tracked headcount
Investors 2 Known backers
Products 2 Services tracked
Competitors 10 Brand Intelligence

About MedCurrent

MedCurrent is a company based in Toronto (Canada) founded in 2003 was acquired by VitalHub in July 2024. MedCurrent has raised $220.77 thousand across 2 funding rounds from investors including VitalHub and MaRS Discovery District. The company has 15 employees as of December 31, 2024. MedCurrent offers products and services including OrderWise and iRefer CDS. MedCurrent operates in a competitive market with competitors including Merative, Omzey, Synbase, Somareality and Knowledge Vision, among others.

  • Headquarter Toronto, Canada
  • Employees 15 as on 31 Dec, 2024
  • Sectors
    Healthcare
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Medcurrent Corporation
Operational Areas
Healthcare → Health Technology & Digital Health Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $220.77 K (USD)

    in 2 rounds

  • Latest Funding Round
    $220.77 K (USD), Seed

    Apr 27, 2015

  • Investors
    VitalHub

    & 1 more

  • Employee Count
    15

    as on Dec 31, 2024

  • Acquired by
    VitalHub

    (Jul 30, 2024)

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Products & Services of MedCurrent

MedCurrent offers a comprehensive portfolio of products and services, including OrderWise and iRefer CDS.

Product name locked
Category locked
Primary

Provides real-time evidence-based clinical guidance

Product name locked
Category locked
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Supports decision making in healthcare delivery

People of MedCurrent

Headcount 10-50
Employee Profiles 4
Board Members and Advisors 1
Employee Profiles
People
Stephen Herman
Founder & Chief Executive Officer
People
Hasan Dharamshi
VP, Professional Services
People
Martin Kepa
VP, Account Management
People
Laurie Pinkney
Vice President, Product & Services

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Board Members and Advisors
people
Joe Manget
Chairman

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Funding Insights of MedCurrent

MedCurrent has successfully raised a total of $220.77K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $220.77 thousand completed in April 2015. 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.

Investors in MedCurrent

MedCurrent has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include VitalHub and MaRS Discovery District.

All
Venture Fund
Investor Description Founded Year Domain Location
MaRS Discovery District is focused on supporting startups and fostering innovation.
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Cloud-based administrative tools for healthcare providers are offered.
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Investor details for MedCurrent

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Investments & Acquisitions by MedCurrent

Investments
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Investment portfolio details for MedCurrent

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  • Portfolio identities
  • Transaction dates
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Financial Statements - MedCurrent

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Detailed financials for MedCurrent

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  • Profit trends
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Medcurrent Comparisons

MedCurrent Primary company
Description
Cloud-based CDS analytics platform analyzes physician orderi...
Location
Toronto, Canada
Founded Year
2003
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
15
As of 2024
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Peer comparison for MedCurrent

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Competitors of MedCurrent

MedCurrent 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 Merative, Omzey, Synbase, Somareality and Knowledge Vision, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Provider of healthcare data and analytics platform for the health industry
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Diagnostics solutions are provided to optimize genetics laboratory workflows.
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Provides a clinical decision support platform for healthcare professionals.
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Sensor-based analytic platforms for diagnosis and treatment are developed.
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AI-powered platform is used for intelligent health insurance solutions.
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Detailed competitors of MedCurrent

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Latest news on Medcurrent

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Complete news archive for MedCurrent

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Frequently Asked Questions about MedCurrent

MedCurrent was founded in 2003 and raised its 1st funding round 6 years after it was founded.

MedCurrent is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.

MedCurrent is a funded company, having raised a total of $220.77K across 2 funding rounds to date.

As of Dec 31, 2024, the latest employee count at MedCurrent is 15.

MedCurrent provides a cloud-based CDS analytics platform that helps healthcare organizations to analyze ordering patterns and rules among physicians and specialist groups.The CDS can be used on clinical ordering process, like lab, cardiology, and surgery. The EMR integrated platform helps referring physicians to check the appropriateness of procedure ordering and offers recommendations. The analytics reports can be customized based on needs. MedCurrent provides services in the U.S. and Canada.

MedCurrent's top competitors include Merative, Omzey and Medint.

MedCurrent offers OrderWise and iRefer CDS.

MedCurrent has 2 investors. Key investors include VitalHub, and MaRS Discovery District.

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