# Cosm Medical

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/cosm-medical

- Industry: Medical Devices & Equipment
- Headquarters: Toronto, Canada
- Website: www.cosm.care
- Total disclosed funding: $4.8M
- Latest round: Seed (Jun 5, 2025)
- Investors on record: 7

## About

Cosm Medical specializes in innovative healthcare solutions, providing advanced health monitoring products and services that enhance patient care through real-time analytics and data integration.Founded in 2017 and headquartered in Toronto, Canada, Cosm Medical focuses on developing health monitoring technologies. The company has undergone no significant pivots since its inception and operates independently without parent or subsidiary affiliations. The founder, Derek Sham, has experience in healthcare technology, though details on previous ventures are not provided. Cosm Medical has successfully completed 5 funding deals, with the most recent being a Seed round on June 21, 2024, raising CAD 4.7 mn, led by Fusion Fund with additional investments from Archangel, MaRS Investment Accelerator Fund, TELUS Pollinator Fund for Good, and iGan Partners. The total amount raised by the company is CAD 4.7 mn.Cosm Medical offers a range of innovative healthcare products and services designed to meet the evolving needs of its customers. Their core offerings include advanced health monitoring solutions that provide real-time data and analytics for both patients and healthcare providers. These products primarily target health-conscious consumers and institutions aiming to enhance patient care and improve health outcomes. By facilitating proactive health management, Cosm Medical addresses critical use cases such as chronic disease management and preventive healthcare, distributing its products across North America and parts of Europe to a diverse client base including individual consumers, healthcare facilities, and corporate wellness programs.Cosm Medical generates revenue primarily through a subscription-based model, granting healthcare providers access to their suite of products and services via annual agreements. This framework includes comprehensive health monitoring solutions, software updates, and customer support. Additionally, the company sells flagship products directly to consumers through online platforms, allowing individual users to purchase health monitoring devices. Pricing plans cater to institutional clients with tiered subscriptions based on user numbers, while individual consumers can select from various tailored packages, enhancing the company's financial stability within the healthcare market. In June 2025, Cosm Medical Corp. raised an undisclosed amount of seed-1 funding led by iGan Partners, with participation from Spring Impact Capital, individuals, and other unspecified investors. The company will use the June 2025 funding to accelerate its expansion, clinical validation, and commercial growth in the US.

## Funding rounds

- Seed, Jun 5, 2025 — iGan Partners, Spring Impact Capital
- Seed, Apr 4, 2022, $3.8M — iGan Partners, MaRS Investment Accelerator Fund, Fusion Fund, TELUS Pollinator Fund for Good, Archangel
- Seed, Jun 28, 2019, $1.1M — iGan Partners, MaRS Investment Accelerator Fund, Creative Destruction Lab

## Investors

- iGan Partners (https://capitalatlas.ai/funds/igan-partners) — Seed
- MaRS Investment Accelerator Fund (https://capitalatlas.ai/funds/mars-investment-accelerator-fund) — Seed
- Creative Destruction Lab (https://capitalatlas.ai/funds/creative-destruction-lab) — Seed
- Fusion Fund (https://capitalatlas.ai/funds/fusion-fund) — Seed
- TELUS Pollinator Fund for Good (https://capitalatlas.ai/funds/telus-pollinator-fund-for-good) — Seed
- Archangel (https://capitalatlas.ai/funds/archangel) — Seed
- Spring Impact Capital (https://capitalatlas.ai/funds/spring-impact-capital) — Seed