PocketHealth Revolutionizes Medical Image Sharing with $33M Funding

March 21, 2024, 9:34 am
PocketHealth
PocketHealth
Employees: 51-200
Founded date: 2016
Total raised: $49M
PocketHealth, a Toronto-based company, secures $33 million in Series B funding to enhance patient-centric medical image exchange. Led by Round13 Capital, the funding round includes Deloitte Ventures, Samsung Next, Questa Capital, and Radical Ventures. PocketHealth aims to transform how medical images are shared, personalize patient care with AI, and expand its presence in the US and Canada.

Founded by brothers Harsh and Rishi Nayyar in 2016, PocketHealth offers a platform that allows patients and providers to securely share medical imaging and diagnostic reports. With over 775 hospitals and imaging centers on board, the company has already empowered more than 1.5 million patients to access and engage with their imaging records.

The key to PocketHealth's success lies in its patient-centric approach, eliminating network dependencies and putting patients in control of their healthcare journey. By streamlining the image-sharing process, the platform not only enhances patient satisfaction but also drives cost savings and efficiency for providers.

CEO Rishi Nayyar emphasizes the importance of empowering patients through access to diagnostic-quality imaging and AI-driven understanding of their records. This empowerment leads to increased patient satisfaction, faster image sharing, and improved patient retention. PocketHealth's ultimate goal is to make its platform accessible to every patient at every provider in North America.

With this new funding, PocketHealth plans to double its workforce, expand its footprint, and leverage AI to personalize patient care. By focusing on engagement and action, the company aims to revolutionize the way patients interact with their medical images and reports, ultimately driving value for both patients and providers.

In a healthcare landscape where medical images have long been stuck in the dark ages, PocketHealth shines as a beacon of innovation and patient empowerment. As the company continues to grow and evolve, it is poised to play a significant role in transforming how patients access, engage with, and act on their medical imaging records.