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MedStack
Compliance and data security for healthcare apps
- 21-100 employees
- Healthcare
- B2B
- Compliance
- Privacy
- MedTech
- Waterloo, ON
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Company mission
MedStack's mission is to transform the process of healthcare innovation.
Our take
The events of recent years has pushed healthcare providers to find what are proving to be popular remote healthcare solutions. On top of that, more patient health records than ever are now digitized. These two factors added together mean that the digital health industry is booming, with apps and startups cropping up offering all sorts of novel solutions. For compliance orchestration platform MedStack, however, this isn’t happening fast enough.
MedStack’s contribution is to tackle two main stumbling blocks slowing the progress of digital health: data integration and privacy compliance. Their main offering is turnkey compliance solution MedStack Control, which allows users to integrate pre-written, proven security and privacy compliance guarantees. This substantially accelerates the development and launch of new healthcare solutions, whilst relieving smaller outfits of the pressures of staying on top of complex and restrictive healthcare data privacy regulations.
MedStack are being smart by targeting earlier stage digital medtech startups who’ve secured funding. With the digital health solutions industry booming, and younger players flush with VC cash, their solutions are likely to see continued strong uptake.
Freddie
Company Specialist at Welcome to the Jungle
Benefits
- Parental leave benefits with bonus top-up
- Flexible work hours
- A generous vacation policy
- Health and dental benefits, from day 1
- A company stock ownership option plan, vesting from day 1
- Bi-weekly paid-for team lunches
- Company retreats and seasonal celebrations
- Learning, skills training and industry conference opportunities
- Company-supplied top-end Mac laptop
- A home office equipment budget
- Contribution through the company’s ongoing success to philanthropy such as Upside Foundation
- A company-funded book budget
Funding (last 2 of 4 rounds)
Sep 2021
$2.9m
SEED
Feb 2019
$2m
SEED
Total funding: $5.4m
This company has top investors
Leadership
Balaji Gopalan
(CEO)Has extensive cross-industry experience, including Senior Manager of Product Management at Blackberry, Director of Platform at Nymi, and a number of product roles at EventMobi, BrainStation, and Trideit.
Simon Woodside
(CTO/CISO)Served as Co-president at Engineers Without Borders, and went on to found Monolith Apps. Worked as a community organizer for Hacking Health, and is a Mentor at The Forge McMaster.