About Swift Medical
Swift Medical is a Healthcare company based in Toronto (Canada) founded in 2015 by Justin Allport. AI-based wound care and diagnosis tool. Swift Medical has raised $48 million across 5 funding rounds from investors including BDC, Export Development Canada and Virgo Investment Group. Its website swiftmedical.com draws about 14 thousand monthly visits. Swift Medical offers products and services including Swift Skin & Woundâ„¢, Swift Portal, Swift Academy, and HealX. Its focus areas include HealthTech, Healthcare IT, Provider and Clinical Operations. Its legal entity is Swift Medical Inc.
Company details
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.
- Headquarters Toronto, Canada
- Founders Justin Allport
- SectorsHealthcare
- Phone•••• ••••
- Website swiftmedical.com
- Social LinkedIn X Facebook
- Legal Name Swift Medical Inc.
- Total Equity Funding$48M (USD)
in 5 rounds
- Latest Funding Round$8M (USD), Series B
Jan 2024
- InvestorsBDC
& 12 more
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.
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.
- Total Funding $48M
- Total Rounds 5
- Last Round Series B — $8M
- Investors Count 13
All 5 funding rounds of Swift Medical 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 |
|---|---|---|---|---|---|
| Jan 2024 | $8M | Series B | – | BDC, Virgo | – |
| Jul 2021 | $35M | Series B | – | Virgo | |
| Mar 2018 | Series A | – | DCVC | ||
| Feb 2018 | $5M | Series A | – | – | – |
| Apr 2017 | Seed | – | Real Ventures |
13 investors in total: 12 institutional and 1 angel.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investment management services are utilized for transforming businesses in various industries. | virgo-llc.com | |||
Venture capital firm focused on multiple sectors | dcvc.com | Palo Alto, United States | ||
Venture capital is provided to early-stage real estate projects. | claritascapital.com | Nashville, United States | ||
VC firm making investment in early & growth stage healthcare & tech companies in the US | chrysalisventures.com | Louisville, United States | ||
Tech-focused venture capital investments are made by Pender Ventures. | penderventures.com | Montréal, Canada | ||
Early-stage venture capital is provided to Canadian technology startups by Real Ventures. | realventures.com | Montreal, Canada | ||
Early-stage venture capital investments are provided by Relay Ventures. | relayventures.com | Toronto, Canada | ||
Early-stage and growth-stage tech startups are funded by DHVC. | dh.vc | Palo Alto, United States | ||
Lumira Ventures is engaged in life sciences venture capital investment. | lumiraventures.com | Toronto, Canada | ||
Early-stage technology startups are supported through investments by MaRS IAF. | marsiaf.com | Canada |
Investor details for Swift Medical
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 Swift Medical
40 people are tracked at Swift Medical (10 in leadership, 30 in team).
| Name | Role | Group |
|---|---|---|
Justin Allport | Co-Founder& Chief Engineer | Leadership |
Joe Filippoli | Chief Information Officer | Leadership |
Gennadi Saiko | VP Strategic Innovations | Leadership |
Cerys Cook | Chief People Officer | Leadership |
Kristen Abel | Director Of Business Strategy And Planning | Leadership |
Neil Sharma | Chief Commercial Officer | Leadership |
Sandy Aykroid | Director Of Clinical Services-US | Leadership |
Sheila Wang | Co-founder | Leadership |
Michelle Law | Director, Demand Generation | Leadership |
Scott Nelson | Vice President Sales And Marketing | Leadership |
Jesús M. | Clinical Success | Team |
Nichole Hampton | Senior Manager Clinical Informatics | Team |
Lu Goldstone | Senior Data And Machine Learning Scientist | Team |
Bhavik Patel | Data Engineer And QA Automation | Team |
Ashley S. | Manager, People | Team |
Zheng Liu | Lead Vision And Measurement Engineer | Team |
Tyler MacDonell | Engineering Manager | Team |
Samatar Mumin | Software Engineer, Automation | Team |
Asim Saeed | Information Technology Support Manager | Team |
Jacqueline Mitchell | Senior Client Success Manager | Team |
20 more people are available in the full profile.
Complete people profiles for Swift Medical
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 Swift Medical
3 dated milestones of Swift Medical across 9 years, from founding to its latest funding, stage changes and deals.
- Founded Swift Medical is founded.
- Funding First funding round.
- Funding Latest funding round, Series B, of $8.0M.
Web traffic of Swift Medical
The website of Swift Medical (swiftmedical.com) receives about 13.7K visits a month.
- Monthly visits13.7K
▲ 89.5% vs previous month
Websites whose visitors overlap most with Swift Medical. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| theswiftinstitute.com | 100% | #1,299,810 | View details |
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Related news about 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 offers Swift Skin & Woundâ„¢, 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.
Swift Medical operates through Swift Medical Inc..