Fundraising Fox

Phoenix

YC W21

Toronto, CA · Founded 2019 · 70 employees · Hiring · 4 known investors

Phoenix is a telehealth platform that delivers prescription medications for men's health directly to patients in Canada through an online assessment and licensed pharmacy partners. Patients fill out a health form reviewed by a licensed Canadian doctor, receive prescriptions shipped discreetly, and maintain ongoing access to their doctor via text messaging.

Also known as Phoenix Health

Founders & leadership· Y Combinator alumni (W21)

Phoenix was founded in 2019 by Gavin Thompson and Kevin Bache.

GTGavin Thompson
Gavin ThompsoninFounder / Co-CEOGavin Thompson is a software developer who previously worked at Canadian technology companies including MetaLab, TouchBistro, and Apply Digital, as well as on projects for Fortune 500 companies such as Walmart and Disney.
KBKevin Bache
Kevin Bachein𝕏Founder/Co-CEOKevin Bache has spent over a decade working in software development, design, digital health, and pharmaceutical advertising. He founded Phoenix to address gaps in healthcare delivery.

Investors · 4

Funding

SEC filings, press & company announcements

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

Company profile

researched Aug 2026

Phoenix operates an online health clinic in Canada focused on men's health. Patients complete a secure online health assessment covering medical history and health goals, which is reviewed by a licensed Canadian healthcare provider — physicians and, where applicable, nurse practitioners. If treatment is judged clinically appropriate, a prescription may be issued, filled by a licensed Canadian pharmacy partner, and delivered discreetly in plain packaging, typically shipping within a day or two of approval. Patients can then message their care team through their Phoenix account for follow-up questions or treatment updates, with the company describing unlimited doctor follow-ups and continuity with the same provider from beginning to end.

Treatment areas advertised on the company's site include weight loss, erectile dysfunction, hair loss, testosterone, early climax, skin, and lab testing. Phoenix positions weight-management care prominently, marketing branded Ozempic (semaglutide) starting at $124.99 and describing itself as a leading Canadian telehealth provider for such treatments, with in-app progress tracking. The site also publishes a consumer health content library covering topics such as hair loss causes, obesity and sleep apnea, and timing of Ozempic doses. A named clinical team is listed publicly, including Medical Director Dr. Mark Broussenko, additional family and emergency physicians, and a nurse practitioner.

Business model

Phoenix sells prescription treatments to consumers directly through its own digital platform, combining an online clinical assessment reviewed by licensed providers with fulfillment through licensed Canadian pharmacy partners and home delivery. Delivery is presented as free, and ongoing provider messaging is included with treatment.

Full profile — market position, technology, go-to-market, geography

Market position

Phoenix describes itself as Canada's first digital health clinic for men and a leading Canadian telehealth provider for treatments such as Ozempic, competing with traditional in-person clinics on convenience, speed of approval, privacy, and delivery.

Fully online care with no waiting rooms or pharmacy trips, fast approvals, free discreet home delivery in plain packaging, continuity with a single licensed Canadian provider, and unlimited text-based doctor follow-ups.

Technology

The platform consists of a web-based intake and secure online health assessment flow, patient accounts for messaging a care team, and an app component for tracking treatment progress. The company describes the platform as private and secure.

Go-to-market

Direct-to-consumer online acquisition through its website, supported by customer testimonials, comparison messaging against traditional in-person clinics (waiting times, extra pharmacy trips, lack of delivery or continuity), price-led promotion of branded Ozempic, and a content marketing library of health articles.

Adult men in Canada seeking prescription treatment for weight loss, erectile dysfunction, hair loss, low testosterone, early climax, and skin concerns, particularly those preferring to avoid in-person clinic visits for reasons of convenience or privacy.

Geography

Canada; the company markets to men across the country and says it is trusted by thousands of Canadian men.

Compiled by commissioned research from 1 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
HeadcountAug 2026102
Ozempic starting priceJan 2026125 CAD per unit (as listed)

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Competitors · 6

by search overlap
Hims & Hers217 shared keywordsUS direct-to-consumer telehealth company selling prescription and OTC treatments online by subscription; NYSE-listed as HIMS.
Ro184 shared keywordsRo is an online healthcare platform that connects patients with licensed providers and delivers prescription treatments, including GLP-1 medications for weight loss, ED treatments, and other health goals. The direct-to-consumer telehealth service is fully online and serves individual patients in the United States.
Menshealth124 shared keywordsMen's Health is a media publication producing editorial content on fitness, health, nutrition, and wellness aimed at a male audience, covering topics such as workouts, weight loss, and medical trends. It also offers a daily email newsletter with workouts, weight loss advice, and meal plans.
PocketPills118 shared keywordsPocketpills is an online pharmacy service in Canada that delivers prescription medications to customers' doors, manages refills, and handles insurance coordination. It offers access to licensed healthcare providers for medical guidance, medication information, and delivery tracking.
Maple94 shared keywordsMaple operates a telehealth platform connecting Canadians with licensed doctors, nurse practitioners, and paramedical specialists for virtual consultations, prescriptions, and chronic condition management. It offers on-demand and membership-based care for individuals, families, and employers across Canada, including specialist access without referrals.
Felix93 shared keywordsFelix is a Canadian digital healthcare platform offering online diagnosis, treatment, and prescription for everyday health needs such as weight loss, mental health, and sexual health. It provides at-home, on-demand care for patients across Canada.

Companies competing with Phoenix for the same Google search keywords, organic and paid, via search-intersection analysis.

In the news

Research sources · 1

primary sources listed

1 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Phoenix do?
Phoenix is a Canadian online health clinic for men, offering doctor-reviewed prescriptions delivered to patients' homes.
Who founded Phoenix?
Phoenix was founded by Gavin Thompson, Kevin Bache in 2019.
Who are Phoenix's investors?
Phoenix's investors include Flucas Ventures, Valspring Capital, Y Combinator, CIBC.
Where is Phoenix headquartered?
Phoenix is headquartered in Toronto, CA.