On April 19, 2020, PocketHealth announced they have raised US$6.5 million in financing led by Radical Ventures. The funding will help PocketHealth accelerate its hiring and to meet significant increases in demand for the platform from patients and hospital networks in Canada and the U.S.
PocketHealth is a patient-centric cloud platform that enables imaging providers across North America to share imaging records electronically with patients, instantly and securely. Since its launch in 2016, PocketHealth has grown rapidly, creating an image management solution used by over 500 hospitals and clinics.
Radical Ventures is an early-stage venture capital firm investing in entrepreneurs applying artificial intelligence and deep technology to transform massive industries.
Osler, Hoskin & Harcourt LLP advised PocketHealth with a team consisting of Chad Bayne, Andrew Irwin and Theresa Donkor (Emerging & High Growth Companies).