About Symbi Medical
Symbi Medical is a company based in Ottawa (Canada) founded in 2018 by Cameron Sehl, Devin McArthur, and Max Jennings was acquired by Blue Charm Adherence in March 2021.. Symbi Medical has raised $25 thousand across 1 funding round from investors including Innovacorp and Blue Charm Adherence. Symbi Medical operates in a competitive market with competitors including Doccla, Medical Informatics, Reliq Health, HealthSnap and Health Recovery Solutions, among others.
- Headquarter Ottawa, Canada
- Founders Cameron Sehl, Devin McArthur, Max Jennings
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Sectors
Healthcare
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Email
***********
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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
$25 K (USD)
in 1 rounds
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Latest Funding Round
$25 K (USD), Seed
Oct 14, 2020
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Investors
Innovacorp
& 1 more
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Employee Count
Employee Count
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Acquired by
Blue Charm Adherence
(Mar 26, 2021)
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Funding Insights of Symbi Medical
Symbi Medical has successfully raised a total of $25K through 1 strategic funding round. The most recent funding activity was a Seed round of $25 thousand completed in October 2020. 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 1
- Last Round Seed — $25,000
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First Round
First Round
(14 Oct 2020)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2020 | Amount | Seed - Symbi Medical | Valuation | Innovacorp |
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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 |
Investors in Symbi Medical
Symbi Medical has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Innovacorp and Blue Charm Adherence. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Accelerator, Incubator & VC Firm investing primarily in Canada and the US
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Founded Year | Domain | Location | |
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Digital platform for managing chronic diseases, sharing journeys, and earning incentives.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Symbi Medical
| 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 - Symbi Medical
| 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 |
Symbi Medical Comparisons
Competitors of Symbi Medical
Symbi 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 Doccla, Medical Informatics, Reliq Health, HealthSnap and Health Recovery Solutions, 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 |
Remote monitoring platforms are developed for patient health tracking.
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| domain | founded_year | HQ Location |
Provider of remote monitoring platform for healthcare organizations
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| domain | founded_year | HQ Location |
Cloud-based platform for care coordination, remote monitoring, and communication
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| domain | founded_year | HQ Location |
Remote patient monitoring is enabled via a digital health platform.
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| domain | founded_year | HQ Location |
Provider of cloud-based telehealth and remote monitoring platform
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| domain | founded_year | HQ Location |
Remote care platform provided for chronic condition management at home.
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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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Frequently Asked Questions about Symbi Medical
When was Symbi Medical founded?
Symbi Medical was founded in 2018 and raised its 1st funding round 2 years after it was founded.
Where is Symbi Medical located?
Symbi Medical is headquartered in Ottawa, Canada. It is registered at Ottawa, Ontario, Canada.
Who is the current CEO of Symbi Medical?
Cameron Sehl is the current CEO of Symbi Medical. They have also founded this company.
Is Symbi Medical a funded company?
Symbi Medical is a funded company, having raised a total of $25K across 1 funding round to date. The company's 1st funding round was a Seed of $25K, raised on Oct 14, 2020.
What does Symbi Medical do?
Symbi Medical was founded in 2018 in Ottawa, Canada, within the health technology sector. Software solutions are offered for remote monitoring and education of patients preparing for endoscopic treatments. Pre-procedure instructions are delivered via text, video, or images to guide adherence to necessary steps. Operations center on endoscopic clinics, with reminders issued to ensure patient compliance before tests.
Who are the top competitors of Symbi Medical?
Symbi Medical's top competitors include Health Recovery Solutions, Doccla and Medical Informatics.
Who are Symbi Medical's investors?
Symbi Medical has 2 investors. Key investors include Innovacorp, and Blue Charm Adherence.