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
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Sectors
HealthcareTechnology
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Phone
*********
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Website
*********
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Social
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- Legal Name Launchit Solutions Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$5.5 M (USD)
in 5 rounds
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Latest Funding Round
$3.1 M (USD), Seed
Sep 15, 2021
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Investors
York IE
& 11 more
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Employee Count
Employee Count
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Products & Services of MedStack
MedStack offers a comprehensive portfolio of products and services, including MedStack Control and Exos by MedStack.
Platform for deploying and maintaining compliant digital health applications.
Provides training and templates for healthcare compliance programs.
People of MedStack
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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.
- Total Funding Total Funding
- Total Rounds 5
- Last Round Seed — $3.1M
- First Round First Round
- Investors Count 12
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2021 | Amount | Seed - MedStack | Valuation | Blu Venture Investors , TELUS Ventures | |
| Feb, 2019 | Amount | Seed - MedStack | Valuation | TELUS Ventures | |
| May, 2017 | Amount | Seed - MedStack | Valuation | 500 Global |
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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.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital firm focused on tech companies
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Founded Year | Domain | Location | |
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Investments in multiple sectors are directed by TELUS Ventures.
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Founded Year | Domain | Location | |
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Advisory and investment services for technology companies, focusing on B2B SaaS growth.
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Founded Year | Domain | Location |
Investments & Acquisitions by MedStack
Financial Statements - MedStack
Medstack Comparisons
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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| domain | founded_year | HQ Location |
Saas based provider of integrated platform as a service solutions
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| domain | founded_year | HQ Location |
Offers a multi-cloud hybrid platform for businesses.
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| domain | founded_year | HQ Location |
Enterprise platform as a service for big data is provided.
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| domain | founded_year | HQ Location |
Platform offering container storage software
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| domain | founded_year | HQ Location |
Cloud, data center, managed, and security services are provided.
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| domain | founded_year | HQ Location |
Serverless platform for AI application development and deployment is provided.
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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.