NOVX Systems

Markham, Canada Founded: 2003 • Age: 23 yrs Acquired By Qvella
Web-based EMR and case management software is provided for healthcare.
Annual revenue - Latest available
Total funding $18.1M 5 rounds
Employees - Tracked headcount
Investors 5 Known backers
Products 2 Services tracked
Competitors 11 Brand Intelligence

About NOVX Systems

NOVX Systems is a company based in Markham (Canada) founded in 2003 was acquired by Qvella in June 2014. NOVX Systems has raised $18.15 million across 5 funding rounds from investors including Celtic House Venture Partners, GF Private Equity Group and Garywoitzik. NOVX Systems offers products and services including PatientVu™ and PatientVu™ Mobile. NOVX Systems operates in a competitive market with competitors including Modernizing Medicine, Practice Fusion, Flatiron Health, Greenway Health and Medsphere Systems, among others.

  • Headquarter Markham, Canada
  • Sectors
    Healthcare
  • Email
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  • Phone
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  • Website
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  • Social
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  • Legal Name Novx Systems Corp.
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
    $18.15 M (USD)

    in 5 rounds

  • Latest Funding Round
    $7.8 M (USD), Series B

    May 02, 2008

  • Investors
  • Employee Count
    Not available
  • Acquired by
    Qvella

    (Jun 03, 2014)

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Products & Services of NOVX Systems

NOVX Systems offers a comprehensive portfolio of products and services, including PatientVu™ and PatientVu™ Mobile.

Product name locked
Category locked
Primary

Software for managing patient records in addiction and pain clinics.

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App for accessing clinic data and scripts on the go securely.

Funding Insights of NOVX Systems

NOVX Systems has successfully raised a total of $18.15M across 5 strategic funding rounds. The most recent funding activity was a Series B round of $7.8 million completed in May 2008. 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 NOVX Systems

NOVX Systems has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Celtic House Venture Partners, GF Private Equity Group and Garywoitzik.

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Venture Fund
Institutional
Investor Description Founded Year Domain Location
Provider of a venture capital firm that focuses on investing in early-stage technology startups
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A private equity investment firm owned by Southern Ute Tribe.
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Tech & Life-Sciences focused Growth stage Venture Debt Firm investing in North America
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Investor details for NOVX Systems

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Investments & Acquisitions by NOVX Systems

Investments
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Investment portfolio details for NOVX Systems

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Financial Statements - NOVX Systems

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Detailed financials for NOVX Systems

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Novx Systems Comparisons

NOVX Systems Primary company
Description
Web-based EMR and case management software is provided for h...
Location
Markham, Canada
Founded Year
2003
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for NOVX Systems

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Competitors of NOVX Systems

NOVX Systems 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 Modernizing Medicine, Practice Fusion, Flatiron Health, Greenway Health and Medsphere Systems, among others.

Company Name Domain Founded year HQ Location Description
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AI-driven EMR and practice management software is delivered for clinics.
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Cloud-based EHR system is provided for physicians' practices.
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Cloud-based oncology management tools are provided for cancer care providers.
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Clinical and financial solutions are delivered to ambulatory providers.
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Open-source healthcare software is provided by Medsphere Systems.
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SaaS-based practice management solution is provided for healthcare professionals.
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Detailed competitors of NOVX Systems

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Latest news on Novx Systems

Qvella Corporation Acquired NOVX Systems Inc.
Oemcapital12 years ago
Novx Raises $7.8 Million
Pehub18 years ago
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Complete news archive for NOVX Systems

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Frequently Asked Questions about NOVX Systems

NOVX Systems was founded in 2003 and raised its 1st funding round 2 years after it was founded.

NOVX Systems is headquartered in Markham, Canada. It is registered at Markham, Ontario, Canada.

NOVX Systems is a funded company, having raised a total of $18.15M across 5 funding rounds to date.

NOVX Systems provides a web based EMR and Case Management software. Their flagship product PatientVu is a software platform designed to manage electronic healthcare records. This platform delivers patients complete case history in real-time at the point-of-collection. When combined with X42R Reader, results are automatically uploaded providing complete and quick results to decision-makers. Some of the modules are Physician Dashboard, Report Generation, Patient Calendar, Appointment Manager, Prescription Manager, Waiting Room Monitor, Drug Screen Interpretations, Automated Billing, and Lab Result Import.

NOVX Systems's top competitors include Modernizing Medicine, Eka Care and Flatiron Health.

NOVX Systems offers PatientVu™ and PatientVu™ Mobile.

NOVX Systems has 5 investors. Key investors include Celtic House Venture Partners, GF Private Equity Group, Garywoitzik, MMV Financial, and Qvella Corporation.

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