Wisedocs is an AI powered automation platform that processes and understands medical documents in real time, making it easier for organisations in the insurance industry to evaluate medical claims faster and more accurately.
Through Wisedocs, organisations can automatically sort, index, summarise and review messy unstructured medical documents. Our clients today are beneftting from an 85% time reduction and a 55% cost reduction in document reviews.
Through Wisedocs, organisations can automatically sort, index, summarise and review messy unstructured medical documents. Our clients today are beneftting from an 85% time reduction and a 55% cost reduction in document reviews.
Location: Canada, Ontario, Guelph
Employees: 11-50
Total raised: $16.84M
Founded date: 2018
Investors 7
| Date | Name | Website |
| - | Bluesky Eq... | blueskyequ... |
| 30.01.2024 | Thomson Re... | thomson-re... |
| - | Plug and P... | plugandpla... |
| - | GreenSky V... | greensky.v... |
| 22.01.2022 | MassChalle... | masschalle... |
| 08.10.2022 | Enjoy The ... | enjoythewo... |
| 12.07.2024 | Informatio... | informatio... |
Funding Rounds 3
| Date | Series | Amount | Investors |
| 02.08.2024 | - | $3.24M | - |
| 02.02.2024 | Series A | $9.5M | - |
| 23.03.2022 | Seed | $4.1M | Ripple Ven... |
Persons 13
| Date | First Name | Last Name | Title | Location | |||
| - | Tiger | Ren | Machine Le... | linkedin.c... | - | t***r@wise... | - |
| - | Manal | Abu-Shawar... | Manager, P... | linkedin.c... | - | m***l@wise... | - |
| - | Rajiv | Abraham | Lead Machi... | linkedin.c... | - | r***v@wise... | - |
| - | Yixuan (Je... | Zhou | Data Scien... | linkedin.c... | - | y****n@wis... | - |
| - | Delina | Fess | Medical Do... | linkedin.c... | - | d****a@wis... | - |
| - | Samiha | Abedin | Medical Do... | linkedin.c... | - | s****a@wis... | - |
| - | Marcelo | Lotif | Senior Mac... | linkedin.c... | - | m*****o@wi... | - |
| - | Kathy | H. | Client Ser... | linkedin.c... | - | k***y@wise... | - |
| - | Amy | Mingopoulo... | Marketing ... | linkedin.c... | - | A*y@wisedo... | - |
| - | Landon | Bailey | - | linkedin.c... | - | l****n@wis... | - |
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Mentions in press and media 10
| Date | Title | Description |
| 02.08.2024 | Wisedocs Receives CAD4.5M in Growth Financing | Wisedocs, a Toronto, Canada-based provider of smart tools to review medical records, received CAD4.5m in growth financing from CIBC Innovation Banking. The company intends to use the funds to both further broaden its client base and to expa... |
| 02.02.2024 | Wisedocs raises $9.5M to automate medical claims | The company uses AI and ML to automatically sort, index, and summarize medical records Despite major advances in technology for the healthcare industry, especially with artificial intelligence and machine learning, the medical claims indust... |
| 02.02.2024 | StartUpdates: New Developments for Healthcare Startups | Introducing the relaunched website www.alphasophia.com! Alpha Sophia now offers an expanded range of product insights, in-depth medtech industry analysis, and informative content. Alpha Sophia is your go-to commercial intelligence solution ... |
| 30.01.2024 | Exclusive: Insurtech Wisedocs raises $9.5 million | Wisedocs, a Toronto-based document processing platform for insurance claims, raised US$9.5 million in a Series A led by Information Venture Partners, the company tells Axios exclusively. Why it matters: The platform streamlines claim proces... |
| 30.01.2024 | Wisedocs Raises $9.5M in Series A Funding | Wisedocs, a Toronto, Canada-based machine learning software-as-a-service (SaaS) for medical record review, indexing, and summarization, raised $9.5M in Series A funding. The round was led by Information Venture Partners, and by Thomson Reut... |
| 30.06.2023 | Wisedocs Launches Medical Record Summary Platform Powered by State-of-the-Art Generative AI | Wisedocs, an artificial intelligence software platform for the insurance industry, announces the launch of their new AI Medical Summary Platform. Wisedocs’ AI Medical Summary Platform builds off their existing medical record review software... |
| 17.03.2022 | Wisedocs Closes $4.1M Seed Financing Round | Wisedocs, a Toronto, Canada-based machine learning software-as-a-service for medical record processing, raised $4.1m in Seed financing. The round was led by Ripple Ventures, with participation from Greensky Capital, and angel investors incl... |
| 17.12.2021 | MassChallenge Announces 2022 HealthTech Cohort | This 2022 cohort includes 24 startups, 15 of which will participate in the first PandemicX program. Boston, MA (December 17, 2021) - MassChallenge, the global network for innovators, today announces the 24 startups invited to participate... |
| 06.08.2021 | With a new name and product, Wisedocs targets US expansion | After spending the last two years building out its artificial intelligence (AI)-powered medical document analysis platform, Toronto-based healthtech software startup Wisedocs is ready to peel the curtain off of its new brand and product and... |
| - | Wisedocs | “Wisedocs is the smart way to handle medical record reviews to get organized, sorted, and indexed medical records with insights. Insurance, legal, and independent medical evaluation firms use Wisedocs for medical record reviews.” |