Canvas Medical, The Tesla of EMRs, raises $ 24 million series B – TechCrunch

Startup Stories

When Andrew Hins launched canvas therapy in 2015, he could not predict whether telecom health would return to normal or whether the epidemic would inspire entrepreneurs to launch digital health initiatives that require new infrastructure. He knew he wanted to build software for doctors like his wife, and they spent hours a day on information documents.

“I thought there should be a better solution,” Hins told Tech Crunch. “I started sailing to design the software with the right data structure and the right workflow to have a positive impact on patient health outcomes.”

Canvas, Electronic Medical Records (EMR) startup, from Doctors to Insurance Companies to Social Workers, will help 15 different stakeholders better track information in a documented automated workflow system – not a series of drops. -down menus – This makes it quick and easy for users.

Andrew Hines, Canvas Therapy

After seeing his wife spend hours on information, Andrew Hins started Canvas Medical.

Now, the San Francisco-based startup has raised $ 24 million in a series of B-led M13s with participating investors, including Inspired Capital, IA Ventures and Upfront Capital.

For Inspired Capital COO and partner Mark Batian, the need for a canvas was immediately clear as his wife had to work with bad EMR systems in her career. Inspiration invested in the company’s Series A roundup in April 2021, before doubling it for Series B this year.

Batian says: “One of the most memorable passages from their doctors is Canvas the ‘Tesla’ of EMR. “It is an industry-leading product experience that has led us to invest in A and rethink our EMR and healthcare infrastructure.”

Despite the success of Canvas so far, Hins initially did not plan to become an entrepreneur.

He was involved in software engineering a year before he founded the company. Hins said he learned a lot there, but the company did not make the money from the MR system, but instead developed it on other channels, and felt that the growth was a misunderstanding.

It took five years to replicate the current Canvas software, and it will be operational by the end of 2021. It allows users to track information and access payment options, an open API that allows software developers to build on it. The company has seen its customer base grow by 300% since its launch last year, but has refused to share more specific metrics.

The start-up has been confirmed by the Office of the National Health Information Technology Coordinator (ONC) at the federal level. It is the first EMR company to be established in the last two decades due to its standardized healthcare API, which means it can work with federal programs such as Medicare and will put the company ahead of future API enforcement in 21st century care law. .

“What was encouraging was the sheer number of customers we see coming in,” says Hins. “Many tele health companies that provide emergency care, mental health, behavioral health. We have seen so many new, unique forms of practice.

Although Shera did not begin to serve the digital health community alone, it has been able to support the wave of companies that have started the epidemic since the onset of the epidemic, including the Mental Health Startup Application and Virtual Memory Clinic Isaac Health. Power digital add-ons from traditional players.

“Software and medicine are entering a new era of collaboration and value creation,” Hins said. How are software engineers working with doctors and nurses? This is our northern star. ”

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