About Swift Medical
Swift Medical is a company based in Toronto (Canada) founded in 2015 by Justin Allport. Swift Medical has raised $48 million across 5 funding rounds from investors including BDC, Export Development Canada and Virgo Investment Group. Swift Medical offers products and services including Swift Skin & Wound™, Swift Portal, Swift Academy, and HealX. Swift Medical operates in a competitive market with competitors including cureVision, MedInnoScan, WUNDERA, WoundAssure and WoundHeal Analytix, among others.
- Headquarter Toronto, Canada
- Founders Justin Allport
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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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- Legal Name Swift Medical Inc.
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$48 M (USD)
in 5 rounds
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Latest Funding Round
$8 M (USD), Series B
Jan 25, 2024
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Investors
BDC
& 12 more
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Employee Count
Not available
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Products & Services of Swift Medical
Swift Medical offers a comprehensive portfolio of products and services, including Swift Skin & Wound™, Swift Portal, Swift Academy, and HealX.
AI-powered tool for analyzing wound images to enhance healing.
Platform for managing wound care between patients and providers.
Provides training on wound care best practices and trends.
System for ordering and supporting wound care products.
People of Swift Medical
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Funding Insights of Swift Medical
Swift Medical has successfully raised a total of $48M across 5 strategic funding rounds. The most recent funding activity was a Series B round of $8 million completed in January 2024. 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 Swift Medical
Swift Medical has secured backing from 13 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include BDC, Export Development Canada and Virgo Investment Group.
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Venture capital firm focused on multiple sectors
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Venture capital is provided to early-stage real estate projects.
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Investor details for Swift Medical
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Investments & Acquisitions by Swift Medical
Investment portfolio details for Swift Medical
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Financial Statements - Swift Medical
Detailed financials for Swift Medical
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Swift Medical Comparisons
Peer comparison for Swift Medical
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Competitors of Swift Medical
Swift Medical 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 cureVision, MedInnoScan, WUNDERA, WoundAssure and WoundHeal Analytix, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Automatic wound analysis platform is provided for chronic care assessment.
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AI-based chronic wound diagnosis software is provided to healthcare providers.
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Provider of AI-based wound diagnosis and documentation app for healthcare providers
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Delivers hardware-based care solutions for healthcare systems.
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AI-driven app for analyzing and monitoring wound healing processes via smartphones.
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Detailed competitors of Swift Medical
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Latest news on Swift Medical
Complete news archive for Swift Medical
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Frequently Asked Questions about Swift Medical
Swift Medical was founded in 2015 and raised its 1st funding round 2 years after it was founded.
Swift Medical is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.
Swift Medical is a funded company, having raised a total of $48M across 5 funding rounds to date.
Swift Medical was founded in 2015 in Toronto, Canada, within the healthcare technology sector. An AI-driven platform is offered for wound care and diagnosis, enabling physicians to assess chronic wounds through precise measurements and progress tracking. Secure image sharing is facilitated via mobile devices, allowing wound care teams to stay informed on patient status across operations.
Swift Medical's top competitors include cureVision, WUNDERA and MedInnoScan.
Swift Medical offers Swift Skin & Wound™, Swift Portal, Swift Academy, and HealX.
Swift Medical has 13 investors. Key investors include BDC, Export Development Canada, Virgo Investment Group, Scott Barclay, and DCVC.