We Are MedStack

“Health is a state of complete physical, mental and social well-being and not merely the absence of disease or infirmity. The enjoyment of the highest attainable standard of health is one of the fundamental rights of every human being without distinction of race, religion, political belief, economic or social condition.”

– Constitution of the World Health Organization, 1946

Despite the incredible potential of cloud-based, real-time digital technology, we are not meeting the urgent pressures on healthcare delivery. Hospitals and clinics still rely on a foundation of paper charts and verbally-delivered histories, and HR investments alone aren’t enough to close the gap.


What can we do to take the incredible innovation and creativity in technology entrepreneurship today and apply it to one of the world’s biggest problems? MedStack brings application ecosystems and the power of developer communities to healthcare.

MedStack Launched

March 2015
MedStack was introduced at a digital health conference

Co-founders Balaji Gopalan and Simon Woodside introduced the concept of MedStack and demonstrated how health data from a wearable device could be surfaced in a compliant and secure cloud interface.

May 2016-August 2017
MedStack completed several accelerator programs

In May of 2016, we took part in Dreamit Health, a growth-focused health tech accelerator backed by Independence Blue Cross and Penn Medicine. This experience helped us expand into the U.S. and get our first U.S. customers.

That same year, we completed the Creative Destruction Lab program in Toronto, in a cohort of high-profile startups, which helped us set product development objectives and sharpen our story, leading to investment from several prominent angel investors.
In 2017, after four whirlwind months in California, we wrapped up our time in the 500 Startups Seed Program with Batch 21’s Demo Day for which we were honoured as a top pick from TechCrunch. Learn more about our 500 Startups experience here.
February 2019
Raised $1.8M USD in an Oversubscribed Seed Round

We closed a $1.8M ($2.4M CAD) round led by TELUS Ventures, with ScaleUP Ventures, Panache Ventures and BCF Ventures. Ontario Centres of Excellence added to their existing investment with this round, and several other previous investors doubled down in participation.

May 2019
Launch of MedStack Control
We publicly launched the beta for our new generation platform, MedStack Control: A complete reinvention of the MedStack experience to be more robust, scalable and powerful for the community of healthtech developers.
September 2020
Successfully Completed Soc 2 Type 2 Audit

We completed our Service Organization Control (SOC) 2 Type 2 audit, further demonstrating our continued commitment to operating with the highest degree of care and security in managing Personal Health Information (PHI).

May 2021
MedStack Control API Launch

We announced the general availability release of our MedStack Control API in partnership with our friends at Docker.

September 2021
Raised $3.1M in an Oversubscribed Pre-Series A Round

We announced the closing of our latest round of funding, a $3.1 million USD oversubscribed round led by existing investors Blu Venture Investors (BVI) and TELUS Ventures, with participation from new investors York IE, Argonautic Ventures, Archangel Network of Funds, MFD Investments, and existing investor Donville- Kent Asset Management.

May 2022
Achieved Cyber Essentials Plus Certification

We received our Certificate of Assurance from Cyber Essentials Plus, a UK government-backed and industry-supported certification that confirms our organization meets the required operational security standards in the UK.

May 2022
MedTech Breakthrough “Best Patient Data Security Solution” Award

MedStack was selected as the winner of the “Best Patient Data Security Solution” award in the sixth annual MedTech Breakthrough Awards program, conducted by an independent market intelligence organization that recognizes the top companies, technologies and products in the global health and medical technology market.

April 2023
Launch of AWS on MedStack Control

MedStack gives developers the ability to layer on their choice of cloud provider to automatically satisfy healthcare regulations and industry compliance requirements.

Oct 2023
MedStack Acquires Exos

MedStack acquired the assets and brand of Exos, bolstering MedStack’s existing platform offering and further establishes MedStack as an emerging leader that is disrupting the traditional healthcare compliance industry. 

March 2024
MedStack Named G2 Momentum Leader

MedStack was named a Momentum Leader in the Healthcare Compliance category by G2, the world’s largest and most trusted software marketplace.

What's Next for MedStack?

We are working with healthcare innovators every day to bring better outcomes to patients and healthcare professionals. Are you building a healthcare app or looking to better integrate apps into care practices? Get it touch, and follow us on LinkedIn to stay up to date on all the latest MedStack news.

Industry Recognition

Meet our Founders

Balaji Gopalan

Co-Founder and CEO

Balaji leads business development and strategy at MedStack and is an expert in building software platform ecosystem businesses across a wide range of industries. He is a strong advocate for the role of ecosystems in industry transformation and in tackling tough problems like improving healthcare. Balaji is a 15-year veteran in product management and a well-respected startup educator and advisor. He is the proud recipient of Founder Institute’s Global Startup Mentor Award for Canada’s Most Supportive Mentor.

Simon Woodside

Co-Founder and CTO

Simon is the visionary behind the MedStack platform and developer offering. He has led a rich career in software development and entrepreneurship, and is a recognized expert in digital security and healthcare technology. He followed a stint at Apple with his first entrepreneurial venture, the world’s first downloadable 2D barcode scanner, covered extensively in the press, then built and led to success a healthcare and IOT-focused full-stack digital app consultancy. Simon is an active community leader, working with both Hacking Health and Engineers Without Borders.

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