MedStack

Waterloo, Canada Founded: 2015 • Age: 11 yrs
A cloud-based platform for healthcare app development is provided.
Annual revenue - Latest available
Total funding $5.5M 5 rounds
Employees - Tracked headcount
Investors 12 Known backers
Products 2 Services tracked
Competitors 10 Brand Intelligence

About MedStack

MedStack is a company based in Waterloo (Canada) founded in 2015. MedStack has raised $5.5 million across 5 funding rounds from investors including York IE, Archangel Network and Ontario Centre of Innovation. MedStack offers products and services including MedStack Control and Exos by MedStack. MedStack operates in a competitive market with competitors including Heroku, Stratoscale, Pivotal Software, Robin Systems and ESDS Software Solution, among others.

  • Headquarter Waterloo, Canada
  • Sectors
    Healthcare
    Technology
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Launchit Solutions Inc.
Operational Areas
Healthcare → Health Technology & Digital Health Unlock Sub-Sector Unlock Segment
Technology → Cloud, Data & Analytics Infrastructure Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $5.5 M (USD)

    in 5 rounds

  • Latest Funding Round
    $3.1 M (USD), Seed

    Sep 15, 2021

  • Investors
    York IE

    & 11 more

  • Employee Count
    Not available
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Products & Services of MedStack

MedStack offers a comprehensive portfolio of products and services, including MedStack Control and Exos by MedStack.

Product name locked
Category locked
Primary

Platform for deploying and maintaining compliant digital health applications.

Product name locked
Category locked
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Provides training and templates for healthcare compliance programs.

People of MedStack

Headcount 10-50
Employee Profiles 3
Employee Profiles
People
Balaji Gopalan
Co-Founder & CEO
People
Harleen M.
Customer Success Manager
People
Claire D.
Director Of Engineering

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Funding Insights of MedStack

MedStack has successfully raised a total of $5.5M across 5 strategic funding rounds. The most recent funding activity was a Seed round of $3.1 million completed in September 2021. 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 MedStack

MedStack has secured backing from 12 investors, including venture fund and institutional investors. Prominent investors backing the company include York IE, Archangel Network and Ontario Centre of Innovation.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Venture capital firm focused on tech companies
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Investments in multiple sectors are directed by TELUS Ventures.
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Advisory and investment services for technology companies, focusing on B2B SaaS growth.
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Investor details for MedStack

Investor domains, locations, round participation, and complete history require an active premium plan.

  • Investor domains
  • Investor locations
  • Funding rounds
  • Participation history

Verified entity values are shown only after access is granted.

Investments & Acquisitions by MedStack

Investments
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Investment portfolio details for MedStack

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  • Portfolio identities
  • Transaction dates
  • Round details
  • Investment values

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Financial Statements - MedStack

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Detailed financials for MedStack

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  • Historical revenue
  • Profit trends
  • Statement rows
  • Financial ratios

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Medstack Comparisons

MedStack Primary company
Description
A cloud-based platform for healthcare app development is pro...
Location
Waterloo, Canada
Founded Year
2015
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for MedStack

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

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  • Headcount comparison
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Competitors of MedStack

MedStack 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 Heroku, Stratoscale, Pivotal Software, Robin Systems and ESDS Software Solution, among others.

Company Name Domain Founded year HQ Location Description
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Saas based provider of integrated platform as a service solutions
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Offers a multi-cloud hybrid platform for businesses.
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Enterprise platform as a service for big data is provided.
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Platform offering container storage software
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Cloud, data center, managed, and security services are provided.
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Serverless platform for AI application development and deployment is provided.
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Detailed competitors of MedStack

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  • Domains and locations
  • Full company profiles
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Latest news on Medstack

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Complete news archive for MedStack

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  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about MedStack

MedStack was founded in 2015 and raised its 1st funding round 1 year after it was founded.

MedStack is headquartered in Waterloo, Canada. It is registered at Waterloo, Ontario, Canada.

MedStack is a funded company, having raised a total of $5.5M across 5 funding rounds to date.

MedStack was founded in 2015 in Waterloo, Canada, as a cloud-based platform-as-a-service focused on the healthcare sector. Medical standards compliance is ensured through vendor-agnostic open source technologies. Developers are supported in creating applications by deploying secure infrastructure, including virtual networks, virtual machines, database servers, and object storage, to facilitate easier medical software operations.

MedStack's top competitors include Heroku, ESDS Software Solution and Modal.

MedStack offers MedStack Control and Exos by MedStack.

MedStack has 12 investors. Key investors include York IE, Archangel Network, Ontario Centre of Innovation, Blu Venture Investors, and TELUS Ventures.

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