MedCity News January 30, 2023
Smile Digital Health recently raised $30 million in Series B capital. The startup sells its health data fabric platform to providers, payers, digital health vendors and researchers. The platform gives customers the ability to store, search and evaluate patient information.
The isolation and fragmentation of data remains a fundamental issue that the healthcare industry is struggling to solve. Smile Digital Health — a Toronto-based health IT company — recently raised $30 million in Series B capital to help address that problem.
The funding round was led by Smile’s existing investors, which include UPMC Enterprises and 30 North Group. The financing brings the company’s total funding to date to $51.5 million, CEO Duncan Weatherston said in an interview.
Founded in 2016,...