PocketHealth operates a medical image exchange platform that digitizes the transfer of patients’ imaging files and replaces legacy CD-based workflows. The company gives patients direct access and control over their imaging, allowing secure sharing, revocation of access, and permanent deletion on request. More than 1.5 million patients at 775 healthcare sites use the platform; the company currently has about 110 employees and plans to double headcount over the next two years. PocketHealth plans to use the new funding to improve its AI technology and expand operations across North America. Customers report material cost savings—one hospital reduced non-labor costs by 95% and another saved more than $120,000 after closing an imaging library. The company emphasizes data privacy and security, storing PHI on Microsoft Azure in Canada and the U.S. and maintaining SOC2 Type II, HIPAA and PHIPA compliance. PocketHealth offers a patient-centric medical image sharing platform that lets patients instantly access, share and take ownership of their medical imaging and records. The solution also enables direct sharing between hospitals and physicians, instant DICOM retrieval and automated importing to create a unified image management system. The platform is used by more than 600,000 patients and over 550 care provider sites across North America, and the company expected to exceed one billion images stored by the end of 2022. Founded in 2016 by brothers Harsh Nayyar and Rishi Nayyar and based in Toronto, PocketHealth has raised $22.5M USD ($29M CAD) to date. The company plans to use its new funding to expand its talent base, build new U.S. and Canada clinical partnerships and continue investing in product innovation. PocketHealth aims to broaden adoption across hospitals and imaging clinics by deepening clinical partnerships and product capabilities.

Total raised

$49M

Funding rounds

2

Latest round

Series B

Latest activity

Mar 2024