Phoenix - About the company
Phoenix is a series A company based in Toronto (Canada), founded in 2001. It operates as a Provider of telehealth booking platform for men's health. Phoenix has raised $34.9M in funding from investors like Y Combinator, Valspring Capital and Velocity. The company has 828 active competitors, including 77 funded and 36 that have exited. Its top competitors include companies like Hims, MediQuo and VSee.
Company Details
Provider of telehealth booking platform for men's health. The platform allows users to answer questions about medical history and background, choose the treatment options, connect with the physician, and get medications prescribed. Teleconsultation is given for hair loss, erectile dysfunction, premature ejaculation, genital herpes, and cold sores.
- Website
- www.phoenix.ca/
- Email ID
- *****@phoenix.ca
Key Metrics
Founded Year
2001
Location
Toronto, Canada
Stage
Series A
Total Funding
$34.9M in 3 rounds
Latest Funding Round
Investors
Ranked
14th among 828 active competitors
Employee Count
99 as on Sep 30, 2026
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Phoenix's funding and investors
Phoenix has raised a total funding of $34.9M over 3 rounds. Its first funding round was on Nov 09, 2020. Its latest funding round was a Series A round on Mar 13, 2025 for $*****. 3 investors participated in its latest round. Phoenix has 7 institutional investors.
Here is the list of recent funding rounds of Phoenix:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Mar 13, 2025 | 6603859 | Series A | 9121718 | 5209999 | 8574879 | 5217539 |
2021 | 2407 | Seed | 3287 | 7088 | 1628 | 1691 |
Nov 09, 2020 | 6381920 | Seed | 7806269 | 1731167 | 9196749 |
View details of Phoenix's funding rounds and investors
Phoenix's founders and board of directors
Founder? Claim ProfilePhoenix's employee count trend
Phoenix has 99 employees as of Sep 26. Here is Phoenix's employee count trend over the years:
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Phoenix's Competitors and alternates
Top competitors of Phoenix include Hims, MediQuo and VSee. Here is the list of Top 10 competitors of Phoenix, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Hims 2017, San Francisco (United States), Public | Online platform offering telehealth services for men's wellness | $197M | 80/100 | |
2nd | Telemedicine platform that connects health professionals with their patients | $14.5M | 71/100 | ||
3rd | VSee 2008, San Jose (United States), Acquired | Provider of HIPAA-compliant telehealth platform offering virtual care and remote monitoring | $3.02M | 70/100 | |
4th | eVisit 2013, Gilbert (United States), Series B | Provider of a SaaS based telehealth platform for healthcare providers | $75M | 70/100 | |
5th | Teladoc Health 2002, Purchase (United States), Public | Provider of telehealth and telemedicine services | $104M | 70/100 | |
6th | Eucalyptus 2018, Sydney (Australia), Acquired | Platform offering patient centered healthcare solutions | $67.3M | 61/100 | |
7th | Truepill 2016, Hayward (United States), Acquired | Provider of API connected healthcare app for ordering and delivering medicines | $322M | 58/100 | |
8th | DocGo 2015, New York City (United States), Public | Provider of teleconsultation platform for the providers | - | 57/100 | |
9th | Summus Global 2015, New York City (United States), Series C | Online platform providing telehealth solution for doctors and patients | $95.3M | 57/100 | |
10th | Numan 2018, London (United Kingdom), Series B | Provider of an online doctor consultation platform for men's health | $113M | 56/100 | |
14th | Provider of telehealth booking platform for men's health | $34.9M | 55/100 |
Looking for more details on Phoenix's competitors? Click here to see the top ones
Phoenix's Investments and acquisitions
Phoenix has made no investments or acquisitions yet.
Reports related to Phoenix
Here is the latest report on Phoenix's sector:
News related to Phoenix
Media has covered Phoenix for a total of 3 events in the last 1 year, 2 of them have been about company updates and 1 about partnerships.
•
Phoenix and Raven Become First Canadian Telehealth Platforms to Offer Generic Semaglutide Direct to PatientsBusiness Wire•May 21, 2026•Phoenix
•
Trulioo Partners With Phoenix Digital Health to Strengthen Patient TrustBusiness Wire•Apr 14, 2026•Phoenix, Trulioo
•
New Poll Reveals Canadians Lack Understanding of Obesity as a Chronic Disease, Stigma Likely Bleeds Into TreatmentFinancial Post•Oct 27, 2025•Phoenix
•
Canada Phoenix Raises CAD$50M in Series C FundingFinSMEs•Mar 13, 2025•Phoenix, Valspring Capital, Y Combinator, Canadian Imperial Bank of Commerce
•
Phoenix Announces $50 Million Investment Round Led by Valspring Capital to Increase Access to Men's Healthcare in CanadaFinancial Post•Mar 13, 2025•Phoenix, Valspring Capital, Y Combinator, Canadian Imperial Bank of Commerce and 1 other
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