# MedStack funding: rounds and investors

> MedStack has raised $5.5M across 2 rounds since 2019. Investors include Panache Ventures, 500 Global and FundersClub. Every round with its source.

Source: https://millionrounds.com/company/medstack (Millionrounds; every figure on the page links to its filing or article)

Canada · [Seed startup](https://millionrounds.com/companies)

# Who invested in *MedStack*

2 rounds we have observed, with the 6 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Cloud Cybersecurity

Funding summary Updated 26 Oct 2026

**$5.5M** raised across 2 rounds since 2019, from 2 sources

**$2.4M** Seed **$3.1M** Seed

- **Latest round:** Seed, $3.1M Jul 2021
- **Step-up i:** 1.3×
- **Investors:** 6

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2019 2020 2021

**$2.4M** Seed

**$3.1M** Seed

- **First round:** Seed, $2.4M
- **Biggest round:** $3.1M
- **Between rounds:** 2.3 years

[**MedStack** Information technology & services 1 / 16 Their pitch deck **MedStack's pitch deck, 16 slides** Each slide read for what it argues, against the decks that raised at the same stage.](https://millionrounds.com/decks/medstack)

## The rounds

- **Jul 2021** Seed **$3.1M** *3 new* *1 returning* [500 Global](https://millionrounds.com/fund/500-startups) [FundersClub](https://millionrounds.com/fund/fundersclub) [Panache Ventures](https://millionrounds.com/fund/panache-ventures) [Blu Ventures](https://millionrounds.com/fund/blu-ventures) Source recorded
- **Feb 2019** Seed **$2.4M** *3 new* [Panache Ventures](https://millionrounds.com/fund/panache-ventures) Ontario Centres of Excellence Telus Ventures/ ScaleUP Reported by FinSMEs

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Seed** 2019 **Seed** 2021 [Panache Ventures](https://millionrounds.com/fund/panache-ventures) [500 Global](https://millionrounds.com/fund/500-startups) [FundersClub](https://millionrounds.com/fund/fundersclub) [Blu Ventures](https://millionrounds.com/fund/blu-ventures) Ontario Centres of Excellence Telus Ventures/ ScaleUP

## Everyone who backed them

[Panache Ventures](https://millionrounds.com/fund/panache-ventures) VC firm **2** rounds

[500 Global](https://millionrounds.com/fund/500-startups) Angel **1** round

[FundersClub](https://millionrounds.com/fund/fundersclub) VC firm **1** round

[Blu Ventures](https://millionrounds.com/fund/blu-ventures) VC firm **1** round

Ontario Centres of Excellence no record of our own yet **1** round

Telus Ventures/ ScaleUP no record of our own yet **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=medstack).

## Also claim to have backed them

These 2 firms list MedStack as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

[BCF Ventures](https://millionrounds.com/fund/bcf-ventures) Corporate VC Per its own site

[ScaleUP Ventures](https://millionrounds.com/fund/scaleup-venture-partners-inc) VC firm Per its own site

## Quick answers about MedStack

### Who invested in MedStack?

MedStack's investors include Panache Ventures, 500 Global, FundersClub, Blu Ventures and Ontario Centres of Excellence, and 1 more on record.

### How much has MedStack raised?

MedStack has raised $5.5M across 2 rounds since 2019.

### When did MedStack last raise?

MedStack's most recent round was a Seed of $3.1M in Jul 2021.

### What was MedStack's biggest round?

Its most recent round, $3.1M in Jul 2021, is also its largest on record.

### Who backed MedStack first?

MedStack's first round on record, in Feb 2019, was backed by Panache Ventures, Ontario Centres of Excellence and Telus Ventures/ ScaleUP.

### What stage is MedStack at?

MedStack's latest named round is a Seed, in Jul 2021.

### Where is MedStack based?

MedStack is based in Canada.

## Companies like MedStack

In the same sector, and raised in the last eighteen months.

[**Micrologic** $32M · Sept 2026](https://millionrounds.com/company/micrologic)[**Palitronica Inc.** Sept 2026](https://millionrounds.com/company/palitronica-inc)[**Cybeats Technologies** $2.3M · Jul 2026](https://millionrounds.com/company/cybeats-technologies)[**Boostsecurity.io** $4.0M · May 2026](https://millionrounds.com/company/boostsecurity-io)[**Plurilock** $2.1M · Apr 2026](https://millionrounds.com/company/plurilock)[**eStruxture** $739M · Mar 2026](https://millionrounds.com/company/estruxture)

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