Swift Medical

Digital wound care management platform

Toronto, Ontario, Canada

About Swift Medical

Swift Medical focuses on wound care management technology for healthcare providers. Its digital platform offers real-time insights through comprehensive dashboards, allowing for effective monitoring of wound healing and reducing hospital readmissions. The subscription-based model provides continuous updates and support, setting it apart from competitors. The goal is to improve patient outcomes and streamline clinical workflows in the healthcare sector.

Toronto, CanadaHeadquarters
2015Year Founded
$20.6MTotal Funding
GROWTH_EQUITY_VCCompany Stage
Enterprise Software, HealthcareIndustries
51-200Employees

Risks

Leadership changes may lead to strategic shifts affecting company performance.
New technologies like AutoDepth may face adoption challenges among providers.
The competitive landscape in AI-based health solutions is intensifying.

Differentiation

Swift Medical offers AI-driven analytics for improved wound care management.
The company provides real-time visibility into wound care through comprehensive dashboards.
Swift Medical's AutoDepth technology allows smartphone-based wound depth measurements.

Upsides

The global wound care market is projected to reach $24.8 billion by 2025.
Increased telehealth adoption drives demand for digital wound care solutions.
AI integration in healthcare is growing, benefiting Swift Medical's offerings.

Funding

Total raised$20.63 M
Latest valuation$58.00 M
StageGROWTH_EQUITY_VC