Who founded MedStack?

MedStack was founded by Balaji Gopalan, Simon Woodside in 2015.

Who are MedStack's investors?

MedStack's investors include BCF Ventures, Archangel Network of Funds, Argonautic Ventures, Blu Venture Investors, Panache Ventures, ScaleUP Ventures, TELUS Ventures, York IE and 1 more.

How much funding has MedStack raised?

MedStack has disclosed $2.4M raised across 1 of its 3 known rounds.

MedStack

Founded 2015 · 10 known investors

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MedStack provides a compliance platform that lets developers deploy healthcare applications on their choice of cloud provider while automatically meeting healthcare privacy regulations and industry security requirements (such as PHI protection and SOC 2). It serves healthcare app developers and digital health innovators in North America.

Cybersecurity Developer Tools Digital Health Healthtech

Founders & leadership

MedStack was founded in 2015 by Balaji Gopalan and Simon Woodside.

Balaji Gopalan Co-founderBalaji Gopalan is co-founder and former CEO of MedStack, a healthcare compliance platform acquired by Launchit Solutions in 2024. He previously held product leadership roles at BlackBerry, Nymi, and D2L, and teaches entrepreneurship at Toronto Metropolitan University.

Simon Woodside Co-founderHe co-founded MedStack in 2015, serving as CTO, CISO and board member through the company's 2024 acquisition, after founding and running Monolith Apps from 2010 to 2015. He mentors startups at The Forge at McMaster and Innovation Factory, and previously organized Hacking Health events and volunteered with Engineers Without Borders.

Investors · 10

BCF Ventures✓ confirmed by MedStackMontreal

How we know: BCF Ventures's portfolio page · the company's own site · Not right? Tell us

Archangel Network of Funds✓ confirmed by MedStackKitchener

How we know: the company's own site · Not right? Tell us

Argonautic Ventures✓ confirmed by MedStackNew York · $5M

How we know: the company's own site · Not right? Tell us

Blu Venture Investors✓ confirmed by MedStackWashington · $50K – $3M

How we know: the company's own site · funding news · Not right? Tell us

Panache Ventures✓ confirmed by MedStackMontreal · $1.5M

How we know: the company's own site · prnewswire.com · Not right? Tell us

ScaleUP Ventures✓ confirmed by MedStackToronto

How we know: the company's own site · prnewswire.com · the VCSheet dataset · Not right? Tell us

TELUS Ventures✓ confirmed by MedStackVancouver · $365K – $36.5M

How we know: the company's own site · funding news · prnewswire.com · Not right? Tell us

York IE✓ confirmed by MedStackManchester

How we know: the company's own site · a partner's Signal profile · Not right? Tell us

FundersClublisted by FundersClubSan Francisco · $290K

How we know: FundersClub's portfolio page · Not right? Tell us

Also in the syndicate · 1

Ontario Centres of Excellence

Funding

SEC filings, press & company announcements

$2.4M disclosed across 1 of 3 rounds · 2019–2021

Undisclosed amountPre-Series A RoundSep 2021
Source ↗
$2.4Mseed roundFeb 2019 · 2 sources
TELUS Ventures (lead), Ontario Centres of Excellence, Panache Ventures, ScaleUP Ventures
Source ↗

Source: company announcements and press reports — follow each round's link for the claim.

In the news

MedStack Raises $2.4M Oversubscribed Seed Round To Drive The App Ecosystem For Healthcareprnewswire.com · Feb 2019

Frequently asked questions

What does MedStack do?: MedStack provides a compliance platform that lets developers deploy healthcare applications on their choice of cloud provider while automatically meeting healthcare privacy regulations and industry security requirements (such as PHI protection and SOC 2). It serves healthcare app developers and digital health innovators in North America.
Who founded MedStack?: MedStack was founded by Balaji Gopalan, Simon Woodside in 2015.
Who are MedStack's investors?: MedStack's investors include BCF Ventures, Archangel Network of Funds, Argonautic Ventures, Blu Venture Investors, Panache Ventures, ScaleUP Ventures, TELUS Ventures, York IE and 1 more.
How much funding has MedStack raised?: MedStack has disclosed $2.4M raised across 1 of its 3 known rounds.