PocketHealth Closes $33M Series B Financing to Transform Medical Image Exchange and Patient Experience

PocketHealth has closed $33 million ($45 million CAD) in Series B financing led by Round13 Capital, with participation from Deloitte Ventures, Samsung Next, and existing investors Questa Capital and Radical Ventures, to further evolve the way medical images are shared, leverage AI to personalize the patient care journey, and expand its footprint in the US and Canada with plans to double its workforce over the next two years.

PocketHealth was founded in 2016 by brothers Harsh and Rishi Nayyar and has secured contracts with major health systems and outpatient imaging groups across North America including University Health Network, Southern Illinois Healthcare, UofL Health, Universal Health Services, Radiology Partners, and more. With this funding, the company has raised over $55.5 million USD ($75 million CAD) in equity to date.

PocketHealth provides a secure, next-generation platform for easily exchanging diagnostic images with both patients and external providers. PocketHealth customers have the flexibility to instantly share images with anyone, across any network — or set up a local network of PocketHealth Community Gateways for automated image exchange, ensuring that records get where they need to go. The platform uses AI to provide patients with personalized insights and a better understanding of their health.

We’ve proven that when patients gain access to diagnostic-quality imaging and our industry-leading AI helps them understand their records, they are empowered to advocate for their care. The end result is increased patient satisfaction, a faster image sharing process for providers, and greater patient retention. Now, our goal is to make PocketHealth accessible to every patient at every provider across North America,” said Rishi Nayyar, Co-Founder and CEO at PocketHealth.

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