MEDFAR Clinical Solutions offers MYLE, a SaaS-based Integrated Care platform that connects and streamlines clinical processes for healthcare providers. The platform is used by more than 15,000 healthcare professionals and supports about 20 million patient visits annually in North America. MEDFAR employs over 300 people across Canada, the United States, India, and Armenia. The company plans significant global growth, aiming to enable 500,000 care providers to deliver high-quality care to 500 million patients across five continents by 2030. MEDFAR has received industry recognition, including Anges Québec's "Company of the Year 2020" and Deloitte Fast50's "Jury's favourite." The company recently completed a financing to support expansion and M&A activity. MEDFAR Solutions Cliniques offers MYLE, a web application EMR and collaboration platform that centralizes patient data and enables clinicians to consult or add notes, view health overviews, and improve traceability of the clinical course. The app is accessible on all platforms and handles appointment scheduling, billing, medication and prescription registers, diagnostic imaging, and laboratory results. MEDFAR says MYLE increases workflow efficiency by 30% to 40% and is already used by over a thousand doctors in Quebec. The company plans to focus on expanded marketing outside Quebec following the recent financing. The announcement emphasizes a dynamic management team led by chairman and CEO Elias Farah. Financially, the company completed a $695K financing led by angel investors to support marketing and growth.

Total raised

$23M

Funding rounds

2

Latest round

Series C

Latest activity

Apr 2023