ToeFX

Hamilton, Canada Founded: 2016 • Age: 10 yrs
Treatments for toenail fungus are developed using photodynamic therapy.

About ToeFX

ToeFX is a Healthcare company based in Hamilton (Canada) founded in 2016 by Monika Yazdanian and Irit Van Ham. It operates as a treatments for toenail fungus are developed using photodynamic therapy. ToeFX has raised $30 thousand across 1 funding round from investors including Accelerator Centre. Its chief executive is Monika Yazdanian. Its focus areas include Life Sciences, Infectious Diseases, Medical Devices and Therapeutics. Its competitors include Cerus, Aethlon Medical, Amferia, Ondine Biomedical and 3Oe Scientific and 4 more; 4 of its 9 listed competitors have raised funding.

Company details

Founded in 2016 in Hamilton, Canada, ToeFX is engaged in biopharmaceutical research and development for onychomycosis treatments. Photodynamic therapy, incorporating light radiation and photosensitizers, forms the basis of its technology platform. Operations include discovery efforts and clinical advancements, supported by collaboration with McMaster University. Leadership is held by co-founder and CEO Monika Yazdanian, alongside founder and CTO Irit Van Ham.

  • Headquarters Hamilton, Canada
  • Founders Monika Yazdanian, Irit Van Ham
  • Sectors
    Healthcare
  • Email
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  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website toefx.com
  • Social LinkedIn
Operational Areas
Key Metrics
  • Total Equity Funding
    $30K (USD)

    in 1 rounds

  • Latest Funding Round
    $30K (USD), Seed

    Jun 2019

  • Investors

Funding Insights of ToeFX

ToeFX has successfully raised a total of $30K through 1 strategic funding round. The most recent funding activity was a Seed round of $30 thousand completed in June 2019. 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 $30,000
  • Total Rounds 1
  • Last Round Seed β€” $30,000
  • First Round $30,000

    (Jun 2019)

  • Investors Count 1

All 1 funding rounds of ToeFX with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jun 2019$30,000Seed–Accelerator Centre
–
Valuation history

1 investors in total: 1 institutional.

Investors in ToeFX

ToeFX has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Accelerator Centre.

All
Venture Fund
InvestorDescriptionFounded YearDomainLocation
Startups are built and accelerated in a structured studio environment.
–acceleratorcentre.comWaterloo, Canada
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Investor details for ToeFX

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  • Round participation
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People of ToeFX

2 people are tracked at ToeFX (2 in leadership).

NameRoleGroup
Monika Yazdanian
Co-Founder & CEOLeadership
Irit Van Ham
Founder & CTOLeadership
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Complete people profiles for ToeFX

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  • Full employee list
  • Team structure
  • Board tenure
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Timeline of ToeFX

2 dated milestones of ToeFX across 3 years, from founding to its latest funding, stage changes and deals.

  1. Founded ToeFX is founded.
  2. Funding First funding round of $30K.

Competitors of ToeFX

ToeFX has 9 listed competitors in our database, 4 of them funded. They include Cerus, Aethlon Medical, Amferia, Ondine Biomedical and 3Oe Scientific, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
cerus.com1991Concord, United States–247
Provider of pathogen inactivation technology for blood center or hospital blood bank
aethlonmedical.com1999San Diego, United States–14
Hemopurification devices are developed to eliminate viruses and exosomes.
amferia.com2018Gothenburg, Sweden$3.45M–
Anti-infective technology is developed using selective anti-bacterial polymers.
ondinebio.com1999Vancouver, Canada–49
Anti-infective therapies are developed via light-activated Photodisinfection technology.
3oescientific.com2010Carmel, United States$3.71M–
Provider of smart solutions to manage pathogen infections
laradasciences.com2006Salt Lake, United States$2.63M–
Head lice are removed by a network of certified professionals.
pathex.co2016Nashville, United States$5M–
Developing blood-cleansing device to remove pathogens from circulating blood
zappkit.com2007Hafnarfjordur, Iceland––
Provides frequency therapy through mobile app and hardware for user health support.
tcubeit.com2019Sejong, South Korea––
T cell-based immuno-therapeutics for cancer and infectious diseases are developed.
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Detailed competitors of ToeFX

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  • Full competitor set
  • Operating metrics
  • Benchmarks
  • Competitive positioning

Verified entity values are shown only after access is granted.

Top companies in Infectious Diseases

10 companies that operate in the same segment as ToeFX (Infectious Diseases), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
mRNA-based therapeutics for diseases including cancer and infections are developed.
2010Cambridge, Massachusetts, United StatesUSD 2.78 BUSD 1.94 B5,800
Developer of molecular diagnostic testing solutions
1996Sunnyvale, California, United StatesUSD 19.1 MUSD 54.88 M208
Therapeutics for drug-resistant bacterial infections are developed.
2013Cambridge, Massachusetts, United StatesUSD 114.7 MUSD 59.62 M32
Clinical diagnostics and drug discovery for immune diseases are provided.
2009Seattle, Washington, United StatesUSD 419.15 MUSD 276.98 M619
Vaccines for infectious diseases are developed using cell-free protein synthesis.
2013Foster City, California, United StatesUSD 347 M–414
Portable PCR diagnostics for infectious diseases are developed.
2010San Jose, California, United StatesUSD 386.33 M–172
Developing glucan synthase inhibitors for the treatment of fungal infections.
1999Jersey City, New Jersey, United StatesUSD 62.65 MUSD 20.6 M28
Sherlock Biosciences is focused on molecular diagnostics development.
2019Watertown, United StatesUSD 111 M–33
Provider of diagnostic solutions for systemic infections
2016San Francisco, California, United StatesUSD 191.47 M–54
Developer of novel protein-based therapeutics using machine learning and biological engineering
2018Somerville, Massachusetts, United StatesUSD 693 M–329
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Frequently Asked Questions about ToeFX

ToeFX was founded in 2016 and raised its 1st funding round 3 years after it was founded.

ToeFX is headquartered in Hamilton, Canada. It is registered at Hamilton, Ontario, Canada.

Monika Yazdanian is the current CEO of ToeFX. They have also founded this company.

ToeFX is a funded company, having raised a total of $30K across 1 funding round to date. The company's 1st funding round was a Seed of $30K, raised on Jun 2019.

Founded in 2016 in Hamilton, Canada, ToeFX is engaged in biopharmaceutical research and development for onychomycosis treatments. Photodynamic therapy, incorporating light radiation and photosensitizers, forms the basis of its technology platform. Operations include discovery efforts and clinical advancements, supported by collaboration with McMaster University. Leadership is held by co-founder and CEO Monika Yazdanian, alongside founder and CTO Irit Van Ham.

ToeFX's top competitors include Cerus, Aethlon Medical and PATH EX.

ToeFX has 1 investor. Key investors include Accelerator Centre.

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