# Swift Medical

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

- Industry: Healthcare IT
- Headquarters: Toronto, Canada
- Website: www.swiftmedical.com
- Total disclosed funding: $48M
- Latest round: Series B (Jul 15, 2021)
- Investors on record: 10

## About

Based in Ontario, Canada, and founded in 2015 by CEO Carlo Perez, Edwin Liang, and Sheila Wang, Swift Medical Inc. operates as a healthcare technology company that focuses on providing digital wound care management by delivering advanced wound care visualization and 3D measurement via Swift Skin and Wound software. In January 2024, Swift Medical Inc. raised USD 8 million in venture funding co-led by BDC Capital and Virgo Investment Group.

Swift Medical offers the Swift Skin and Wound platform, a comprehensive tool for wound care management. It includes the Swift app for non-invasive wound measurement and progress tracking using AI analysis. The platform captures wound dimensions accurately with the HealX fiducial marker, automating basic measurements. The dashboards provide detailed patient views, tracking wound history, evaluations, and treatments. Clinicians can monitor trends, at-risk patients, and compliance through various configurable views. The solution integrates seamlessly with existing workflows and supports both iOS and Android devices.

The company plans to use its proceeds from January 2024 funding to further develop its technology.

## Funding rounds

- Series B, Jul 15, 2021, $35M — Chrysalis Ventures, BDC Capital, Claritas Capital, Pender Ventures, Virgo Investment Group, DCVC, Export Development Canada
- Series A, Mar 28, 2018, $12M — Relay Ventures, Real Ventures, DCVC
- Series A, Jan 24, 2017, $1.7M — Relay Ventures, Real Ventures, MaRS Investment Accelerator Fund

## Investors

- Relay Ventures (https://capitalatlas.ai/funds/relay-ventures) — Series A
- Real Ventures — Series A
- MaRS Investment Accelerator Fund (https://capitalatlas.ai/funds/mars-investment-accelerator-fund) — Series A
- DCVC (https://capitalatlas.ai/funds/dcvc) — Series A, Series B
- Chrysalis Ventures (https://capitalatlas.ai/funds/chrysalis-ventures) — Series B
- BDC Capital (https://capitalatlas.ai/funds/bdc-capital) — Series B
- Claritas Capital (https://capitalatlas.ai/funds/claritas-capital) — Series B
- Pender Ventures (https://capitalatlas.ai/funds/pender-ventures) — Series B
- Virgo Investment Group (https://capitalatlas.ai/funds/virgo-investment-group) — Series B
- Export Development Canada — Series B