March 11, 2022
Montreal-based healthtech startup Clinia has secured $5 million CAD to expand the reach of its artificial intelligence-powered tools to assist digital health companies across North America. The start-up seed round was led by AOC Capital, with participation from Anges Québec, Groupe Benoit, Kastello, and Formentera Capital. So far, Clinia has raised a total of about $5 million in equity and $3 million in grants.
According to Clinia co-founder and CEO Simon Bédard, “many patients struggle with getting access to the right health resources and finding the right resource - whether that be information, support, or a care provider, is the important first step in every care journey”. “Naturally, people trust the existing relationship with their care networks so enabling these organizations to build a trusted ecosystem and be the first point of contact for their needs is key."
In light of this need, Clinia offers a research infrastructure tailored to healthcare, which it sells to companies working in the health field. “We are leveraging our research infrastructure as an Application Programming Interface (“API”) to allow health organizations, in general, to use our technology and integrate this functionality into their ecosystem,” Bedard said. The company continues to assist health care companies to seamlessly integrate and catalog diverse resources and datasets from internal and third party sources, and implement the personalized Search API to create a unified navigation experience for clinicians, care teams, and patients.
The company intends to use the funding to build out its go-to-market team. Over the next year, Clinia plans to double the size of its 25-person team, with a particular focus on the expansion of its product, engineering, and data teams as it looks to scale up and meet the growing demands in the North American healthcare industry.
Author: Bukola Adelusi