About SnapClarity
SnapClarity is a Healthcare company based in Ottawa (Canada) founded in 2016 by Joel Grenier, Jeff Deriger, and Terri Storey, and was acquired by CloudMD in July 2020. Mental health assessments and therapist matching are offered online. SnapClarity has raised $1.5 million across 2 funding rounds from investors including Relentless Venture Fund and Kii Health. Its chief executive, as recorded, is Terri Storey. SnapClarity offers products and services including Employee Family Assistance Program, Mental Health+, Medical Care, Occupational Health & Safety, and Disability Management. Its focus areas include HealthTech, Healthcare Booking Platforms, Doctors and Telemedicine. Its competitors include Dialogue, PanGenomic and Cognito; 2 of its 3 listed competitors have raised funding.
Company details
SnapClarity was founded in 2016 in Ottawa, Canada, as an online platform in the mental health care sector. Assessments are conducted through a mobile app to evaluate user needs. Personalized treatment plans are developed based on results. Clients are matched with specialized therapists accordingly. Therapy sessions are enabled via text messaging and live video connections.
- Headquarters Ottawa, Canada
- Founders Joel Grenier, Jeff Deriger, Terri Storey
- Stage Acquired
- SectorsHealthcare
- Email••••••••
- Website snapclarity.com
- Social LinkedIn X Facebook
- Acquired by CloudMD (Jul 2020)
- Total Equity Funding$1.5M (USD)
in 2 rounds
- InvestorsRelentless Venture Fund
& 1 more
- Acquired byCloudMD
(Jul 2020)
Products & Services of SnapClarity
SnapClarity offers a comprehensive portfolio of products and services, including Employee Family Assistance Program, Mental Health+, Medical Care, Occupational Health & Safety, and Disability Management.
Offers confidential short-term counseling for life challenges.
Provides stepped-care from prevention to treatment programs.
Delivers quick access to medical consultations and specialists.
Manages workplace injury risks and supports safe returns.
Facilitates sustainable return to work for employees.
Funding Insights of SnapClarity
SnapClarity has successfully raised a total of $1.5M across 2 strategic funding rounds. 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 $1.5M
- Total Rounds 2
- First Round $1.5M
(Dec 2017)
- Investors Count 1
All 2 funding rounds of SnapClarity 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 |
|---|---|---|---|---|---|
| Sep 2019 | Series A | – | Relentless Venture Fund | – | |
| Dec 2017 | $1.5M | Seed | – | – | – |
2 investors in total: 2 institutional.
Investors in SnapClarity
SnapClarity has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Relentless Venture Fund and Kii Health.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Relentless Venture Fund is focused on health technology investments. | relentlesspursuitpartners.com | Vancouver, Canada | ||
Kii Health is focused on providing connected care solutions for employee wellness. | cloudmd.ca | Markham, Canada |
Investor details for SnapClarity
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of SnapClarity
3 people are tracked at SnapClarity (3 in leadership).
| Name | Role | Group |
|---|---|---|
Joel Grenier | Co-Founder & COO | Leadership |
Jeff Deriger | Co-Founder & CFO | Leadership |
Terri Storey | Co-Founder & CEO | Leadership |
Complete people profiles for SnapClarity
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
Verified entity values are shown only after access is granted.
Timeline of SnapClarity
4 dated milestones of SnapClarity across 4 years, from founding to its latest funding, stage changes and deals.
- Founded SnapClarity is founded.
- Funding First funding round of $1.5M.
- Funding Latest funding round, Series A,.
- Exit Acquired by CloudMD.
Competitors of SnapClarity
SnapClarity has 3 listed competitors in our database, 2 of them funded. They include Dialogue, PanGenomic and Cognito.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| dialogue.co | 2016 | Montreal, Canada | $88.16M | Dialogue is recognized as a leading health and wellness provider in Canada. | ||
| pangenomic.com | 2020 | Vancouver, Canada | Online teleconsultation for plant-based mental health therapies is facilitated. | |||
| getcognito.ca | 2021 | Victoria, Canada | $2.88M | Online mental health consultations and therapy sessions are facilitated. |
Detailed competitors of SnapClarity
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Related news about Snapclarity
Complete news archive for SnapClarity
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about SnapClarity
SnapClarity was founded in 2016 and raised its 1st funding round 1 year after it was founded.
SnapClarity is headquartered in Ottawa, Canada. It is registered at Ottawa, Ontario, Canada.
Terri Storey is the CEO of SnapClarity, as recorded in our data. They have also founded this company.
SnapClarity is a funded company, having raised a total of $1.5M across 2 funding rounds to date. The company's 1st funding round was a Seed of $1.5M, raised on Dec 2017.
SnapClarity was founded in 2016 in Ottawa, Canada, as an online platform in the mental health care sector. Assessments are conducted through a mobile app to evaluate user needs. Personalized treatment plans are developed based on results. Clients are matched with specialized therapists accordingly. Therapy sessions are enabled via text messaging and live video connections.
SnapClarity's top competitors include Dialogue, PanGenomic and Cognito.
SnapClarity offers Employee Family Assistance Program, Mental Health+, Medical Care, Occupational Health & Safety, and Disability Management.
SnapClarity has 2 investors. Key investors include Relentless Venture Fund, and Kii Health.
Yes. SnapClarity was acquired by CloudMD in July 2020.