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877-731-7292 We are MedStack
What can we do to take the incredible innovation and creativity in technology entrepreneurship today and apply it to the world's biggest problem - healthcare?
Despite the incredible potential of cloud-based, real-time digital technology, we are not meeting the urgent pressures on healthcare delivery from rising chronic disease prevalence and an aging population. Hospitals and clinics still rely on a foundation of paper charts and verbally-delivered histories, and EHR investments alone aren't enough to close the gap. MedStack brings application ecosystems and the power of developer communities to healthcare.
MedStack Launched
March 2015
MedStack was introduced at Apps for Health 2015
March 2015
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.
Dreamit Health
May 2016
We traveled to Philadelphia to join 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.
Creative Destruction Lab
May 2017
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.
500 Startups
August 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.
Active Monitoring
April 2018
We enhanced our product offering with a next-generation Monitoring engine which specifically tracks compliance commitments, and forms the foundation for our Active Compliance System.
Reached 50 active healthcare innovation Clients
December 2018
Over 50 healthcare technology companies around the globe are using MedStack’s secure cloud tools to host and protect their healthcare apps.
Raised $1.8M USD Oversubscribed Seed Round
February 2019
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.
DMZ Sales Accelerator
April 2019
We came back to our original launchpoint in Toronto's DMZ, working with focused mentors to strengthen and mature our sales, marketing and product processes with our growing team.
2019 CATA M-Health Award
May 2019
MedStack was the proud recipient of the 2019 prestigious TELUS Outstanding Product Achievement Award for Mobility Health Innovation Excellence in Canada’s Health Care Sector. The award was presented by the Canadian Advanced Technology Alliance and recognized a Canadian organization whose outstanding technology development has resulted in the production of a uniquely innovative or bold product for the healthcare industry.
Launch of MedStack Control Beta
May 2019
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.
MedStack Control Production Launch
August 2019
TechCrunch Top Pick
October 2019
MedStack was named a TC Top Pick at Disrupt 2019 in the Privacy/Security category.
Successfully Completed SOC 2 Type 1 Audit
January 2020
We completed our Service Organization Control (SOC) 2 Type I audit, adding to the security and privacy guarantees that MedStack’s platform already offers.
Top 50 Digital Health Disruptors in Canada
August 2020
We were recognized by CB Insights and PwC as one of the top 50 digital health companies disrupting the Canadian healthcare ecosystem.
Successfully Completed SOC 2 Type 2 Audit
September 2020
We completed our Service Organization Control (SOC) 2 Type 2 audit, further demonstrating our continued commitment to operate with the highest degree of care and security when it comes to the management of Personal Health Information (PHI).
Inducted into CIX Top 20 Early Program
September 2020
We were named one of the top 20 early-stage Canadian technology startups in 2020 by Canadian Innovation Exchange (CIX).
MedStack Control API Launch
May 2021
We announced the general availability release of our MedStack Control API in partnership with our friends at Docker.
Raised $3.1M USD Oversubscribed Pre-Series A Round
September 2021
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.
Named Best Patient Data Security Solution by MedTech Breakthrough
May 2022
MedStack was selected as the winner of the “Best Patient Data Security Solution” award in the sixth annual MedTech Breakthrough Awards program, a global competition that attracted more than 3,900 nominations.
Great Place to Work® Certified
May 2022
We proudly announced our certification as a Great Place to Work®, conducted by an independent third party and based on direct feedback from employees about their workplace experience.
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? Talk to us.
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 15-year veteran in product management and a well-respected startup educator, advisor and mentor. Balaji is a strong advocate for the role of ecosystems in industry transformation and in tackling tough problems like improving healthcare.
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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