When was MedCurrent founded?

MedCurrent was founded in 2003 and raised its 1st funding round 6 years after it was founded.

Where is MedCurrent located?

MedCurrent is headquartered in Toronto, Canada.

How many employees does MedCurrent have?

As of May 31, 2026, the latest employee count at MedCurrent is 12.

Is MedCurrent a funded company?

MedCurrent is a funded company, having raised a total of $221K across 2 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Dec 14, 2009.

When was the latest funding round of MedCurrent?

MedCurrent's latest funding was a $***** Seed round on Apr 27, 2015, with participation from 0 investor. Its primary sector is Healthcare IT. In Canada, the Healthcare IT sector has seen $86.5M in funding in 2026 to date.

Where does MedCurrent rank among its competitors?

MedCurrent ranks 8th amongst 97 active competitors, of which 7 are funded. It stands 5th in terms of total funding among its competitors. The most recent competitor to raise funding was Somareality, which secured $3.47M in Jun, 2026.

Who are the top competitors of MedCurrent?

MedCurrent's top competitors include Merative, Somareality and Medint. Among them, Somareality secured the most recent funding round in June, 2026.

MedCurrent - 2026 Company Profile, Team, Funding & Competitors

Company Details

MedCurrent provides a cloud-based CDS analytics platform that helps healthcare organizations to analyze ordering patterns and rules among physicians and specialist groups.The CDS can be used on clinical ordering process, like lab, cardiology, and surgery. The EMR integrated platform helps referring physicians to check the appropriateness of procedure ordering and offers recommendations. The analytics reports can be customized based on needs. MedCurrent provides services in the U.S. and Canada.

Website: www.medcurrent.com/
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Key Metrics

Founded Year

2003

Location

Toronto, Canada

Stage

Acquired

Total Funding

$221K in 2 rounds

Latest Funding Round

Seed, Apr 27, 2015, $*****

Investors

MaRS Discovery District & 3 more

Ranked

8^th among 97 active competitors

Employee Count

12 as on May 31, 2026

Similar Companies

Merative & 101 more

Exit Details

Acquired by VitalHub (Jul 30, 2024)

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MedCurrent got acquired by VitalHub on Jul 30, 2024.

Click here to take a look at MedCurrent's acquisition in detail

MedCurrent has raised a total funding of $221K over 2 rounds. Its first funding round was on Dec 14, 2009. MedCurrent has 4 institutional investors.

Here is the list of recent funding rounds of MedCurrent:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Apr 27, 2015	5925632	Seed	8239150	8977366	2697875	4341191
Dec 14, 2009	6445715	Seed	1020600	5189359	7550786	MaRS Discovery District

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View details of MedCurrent's funding rounds and investors

The founders of MedCurrent is Steve Herman.

Here are the details of MedCurrent's key team members:

Steve Herman: Founder of MedCurrent.

View details of MedCurrent's Founder profiles and Board Members

MedCurrent's employee count trend

MedCurrent has 12 employees as of May 26. Here is MedCurrent's employee count trend over the years:

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Top competitors of MedCurrent include Merative, Somareality and Medint. Here is the list of Top 10 competitors of MedCurrent, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Merative 2022, Ann Arbor (United States), Seed	Provider of healthcare data and analytics platform for the health industry	-	Francisco Partners, True Wind & 2 others	47/100
2nd	Somareality 2019, Vienna (Austria), Series A	Developer of sensor-based analytic platform for diagnosis and treatment	$5.1M	Catalyst Romania, Gateway Ventures & 4 others	46/100
3rd	Medint 2016, Tel Aviv (Israel), Seed	Digital platform that offers medical information to help decision-making	$2M	Medial EarlySign	42/100
4th	Omzey 2017, Rome (Italy), Seed	Provider of diagnostics solutions to manage, and optimize genetics laboratory workflows	$1.63M	Lumen Ventures, LVenture Group & 8 others	38/100
5th	Saneftec 2018, Grenoble (France), Unfunded	Developer of precision biomechanics software and cognitive health puzzle sets	-	-	35/100
6th	Aiark 2020, San Francisco (United States), Series A	Provider of learning-based AI diagnostic solutions	$13.6M	Platinum Technology Investment, Aju IB Investment ... & 4 others	35/100
7th	Fonet Information Technologies 1997, Cankaya (Turkey), Public	Provider of a suite solution for hospital information systems and laboratory information management	-	-	34/100
8th	MedCurrent 2003, Toronto (Canada), Acquired	CDS analytics for physician-referred services	$221K	MaRS Discovery District, Graphite Ventures ... & 2 others	32/100
9th	Medical Intelligence One 2021, San Diego (United States), Unfunded	Provider of AI-based precision diagnosis and treatment tool for providers	-	-	29/100
10th	SeniorMetrix 1999, Brentwood (United States), Acquired	Provider of a platform for decision support in post-acute elderly care	-	-	29/100