About Open Source Health
Open Source Health is a company based in Toronto (Canada) founded in 2001.. Open Source Health has raised $1.22 million across 3 funding rounds. Open Source Health operates in a competitive market with competitors including MedWhat, Applied Pathways, GenID Solutions, Orikami and Lev-El Diagnostics, among others.
- Headquarter Toronto, Canada
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Sectors
Healthcare
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$1.22 M (USD)
in 3 rounds
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Latest Funding Round
$50 K (USD), Post-IPO
Jan 13, 2017
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Investors
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Employee Count
Employee Count
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Funding Insights of Open Source Health
Open Source Health has successfully raised a total of $1.22M across 3 strategic funding rounds. The most recent funding activity was a Post-IPO round of $50 thousand completed in January 2017. 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 3
- Last Round Post-IPO — $50,000
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First Round
First Round
(27 Jan 2014)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2017 | Amount | Post-IPO - Open Source Health | Valuation |
investors |
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| Jun, 2016 | Amount | Post-IPO - Open Source Health | Valuation |
investors |
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| Jan, 2014 | Amount | Seed - Open Source Health | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Open Source Health
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Open Source Health
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Open Source Health Comparisons
Competitors of Open Source Health
Open Source Health 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 MedWhat, Applied Pathways, GenID Solutions, Orikami and Lev-El Diagnostics, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
AI based personal medical assistant application
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| domain | founded_year | HQ Location |
Offers a cloud-based platform for clinical rules modeling and enterprise knowledge management.
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| domain | founded_year | HQ Location |
Delivers a clinical decision support tool for disease detection.
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| domain | founded_year | HQ Location |
Digital biomarkers are utilized for disease detection and measurement.
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| domain | founded_year | HQ Location |
Non-invasive web-based tests for cardiovascular diseases are developed.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Open Source Health
Frequently Asked Questions about Open Source Health
When was Open Source Health founded?
Open Source Health was founded in 2001 and raised its 1st funding round 13 years after it was founded.
Where is Open Source Health located?
Open Source Health is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.
Is Open Source Health a funded company?
Open Source Health is a funded company, having raised a total of $1.22M across 3 funding rounds to date. The company's 1st funding round was a Seed of $1.22M, raised on Jan 27, 2014.
What does Open Source Health do?
Open Source Health was founded in 2001 in Toronto, Canada, within the digital healthcare sector. A cloud-based platform called myAva is utilized by womens health clinics to gather molecular data from patients DNA sequences and lifestyle questionnaires. This data is analyzed to generate digital patient profiles and personalized insights on genetic risks and disease markers. Treatment decisions are supported for clinicians, with revenue derived from subscriptions.
Who are the top competitors of Open Source Health?
Open Source Health's top competitors include MedWhat, Orikami and WPC Healthcare.