About MedCurrent
MedCurrent is a Healthcare company based in Toronto (Canada) founded in 2003, and was acquired by VitalHub in July 2024. Cloud-based CDS analytics platform analyzes physician ordering patterns. MedCurrent has raised $220.77 thousand across 2 funding rounds from investors including VitalHub and MaRS Discovery District. The company has 15 employees. MedCurrent offers products and services including OrderWise and iRefer CDS. Its focus areas include HealthTech, Healthcare IT, Provider and Clinical Operations. Its legal entity is MedCurrent Corporation.
Company details
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.
- Headquarters Toronto, Canada
- Employees 15
- Stage Acquired
- SectorsHealthcare
- Website medcurrent.com
- Social LinkedIn X
- Acquired by VitalHub (Jul 2024)
- Legal Name Medcurrent Corporation
Products & Services of MedCurrent
MedCurrent offers a comprehensive portfolio of products and services, including OrderWise and iRefer CDS.
Provides real-time evidence-based clinical guidance
Supports decision making in healthcare delivery
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.
- Total Funding $220,773
- Total Rounds 2
- Last Round Seed — $220,773
- Investors Count 1
All 2 funding rounds of MedCurrent with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr 2015 | $220,773 | Seed | – | – | – |
| Dec 2009 | Seed | – | – |
2 investors in total: 2 institutional.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
MaRS Discovery District is focused on supporting startups and fostering innovation. | marsdd.com | Toronto, Canada | ||
Cloud-based administrative tools for healthcare providers are offered. | 2010 | vitalhub.com | Toronto, Canada |
Investor details for MedCurrent
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
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Verified entity values are shown only after access is granted.
People of MedCurrent
5 people are tracked at MedCurrent (4 in leadership, 1 in board & advisors); the tracked headcount is 15.
| Name | Role | Group |
|---|---|---|
Stephen Herman | Founder & Chief Executive Officer | Leadership |
Hasan Dharamshi | VP, Professional Services | Leadership |
Martin Kepa | VP, Account Management | Leadership |
Laurie Pinkney | Vice President, Product & Services | Leadership |
Joe Manget | Chairman | Board & advisors |
Complete people profiles for MedCurrent
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
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Timeline of MedCurrent
4 dated milestones of MedCurrent across 21 years, from founding to its latest funding, stage changes and deals.
- Founded MedCurrent is founded.
- Funding First funding round.
- Funding Latest funding round, Seed, of $221K.
- Exit Acquired by VitalHub.
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Related news about 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.
MedCurrent has 15 employees.
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 offers OrderWise and iRefer CDS.
MedCurrent has 2 investors. Key investors include VitalHub, and MaRS Discovery District.
MedCurrent operates through Medcurrent Corporation.
Yes. MedCurrent was acquired by VitalHub in July 2024.