# Phoenix Health funding: rounds and investors

> Phoenix Health has raised $35M across 1 round since 2025. Investors include Y Combinator, Goodwater Capital and Ring Capital. Every round with its source.

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

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

# Who invested in *Phoenix Health*

One round we have observed, with the 5 investors named in it. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Healthcare

Funding summary Updated 26 Oct 2026

**$35M** raised across 1 round since 2025, from 1 source

- **Latest round:** Series A, $35M Mar 2025
- **Investors:** 5

See who backed them

## The rounds

- **Mar 2025** Series A **$35M** [Y Combinator](https://millionrounds.com/fund/y-combinator) [Goodwater Capital](https://millionrounds.com/fund/goodwater-capital) [Ring Capital](https://millionrounds.com/fund/ring) [CIBC](https://millionrounds.com/fund/cibc) [CIBC Innovation Banking](https://millionrounds.com/fund/cibc-innovation-banking) Source recorded

## Everyone who backed them

[Y Combinator](https://millionrounds.com/fund/y-combinator) Accelerator **1** round

[Goodwater Capital](https://millionrounds.com/fund/goodwater-capital) VC firm **1** round

[Ring Capital](https://millionrounds.com/fund/ring) VC firm **1** round

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

[CIBC Innovation Banking](https://millionrounds.com/fund/cibc-innovation-banking) VC firm **1** round

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

## Quick answers about Phoenix Health

### Who invested in Phoenix Health?

Phoenix Health's investors include Y Combinator, Goodwater Capital, Ring Capital, CIBC and CIBC Innovation Banking.

### How much has Phoenix Health raised?

Phoenix Health has raised $35M across 1 round since 2025.

### When did Phoenix Health last raise?

Phoenix Health's most recent round was a Series A of $35M in Mar 2025.

### What was Phoenix Health's biggest round?

Its most recent round, $35M in Mar 2025, is also its largest on record.

### Who backed Phoenix Health first?

Phoenix Health's first round on record, in Mar 2025, was backed by Y Combinator, Goodwater Capital and Ring Capital and 2 others.

### What stage is Phoenix Health at?

Phoenix Health's latest named round is a Series A, in Mar 2025.

### Where is Phoenix Health based?

Phoenix Health is based in Canada.

## Companies like Phoenix Health

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

[**Biossil** $153M · Sept 2026](https://millionrounds.com/company/biossil)[**Altis Labs** $31M · Sept 2026](https://millionrounds.com/company/altis-labs)[**The Wellness Company** $1.2M · Sept 2026](https://millionrounds.com/company/the-wellness-company)[**Fullscript** Sept 2026](https://millionrounds.com/company/fullscript)[**Flosonics Medical** Jul 2026](https://millionrounds.com/company/flosonics-medical)[**Cheelcare** $2.8M · Jun 2026](https://millionrounds.com/company/cheelcare)

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