We are a medical data company seeking to improve healthcare outcomes through the continuous, passive collection and analysis of data derived primarily from “smart” implantable medical devices that are proposed to report on function, diagnostic information, patient activity, complications and treatment failure for up to ten years – all without significant patient or physician involvement. Hundreds of millions of people both in the United States and around the world rely on medical devices to maintain their health and improve their quality of life, with tens of millions more receiving implanted devices every year. Information on how these devices function once implanted is a valuable source of medical data. Yet, implanted devices typically “go dark” as soon as the last suture is closed; and, for those few devices that are capable of transmitting data, the data is often underutilized by the physician and the patient. We believe that smart, connected medical devices and data services that can use the information obtained to guide patient therapy, have the potential to provide clinicians with entirely new sources of relevant, accurate and timely information that they can use to make better, earlier care decisions. Our mission at Canary Medical is to give medical devices a voice and to let the medical data be heard.
Location: Canada, British Columbia, Vancouver
Employees: 51-200
Total raised: $20M
Founded date: 2012
Investors 3
Funding Rounds 1
| Date | Series | Amount | Investors |
| 05.01.2021 | - | $20M | - |
Mentions in press and media 11
| Date | Title | Description |
| 09.05.2024 | 2024 MedTech Breakthrough Award Winners Announced | What You Should Know: – MedTech Breakthrough, a market intelligence organization focused on healthcare technology, today revealed the winners of its prestigious 8th annual awards program. – These awards recognize the most innovative and imp... |
| 30.08.2021 | Zimmer Biomet : and Canary Medical Announce FDA De Novo Classification Grant and Authorization to Market the World's First and Only Smart Knee Implant | WARSAW, Ind. and VANCOUVER, BC, Aug. 30, 2021 /PRNewswire/ -- Zimmer Biomet Holdings, Inc. (NYSE and SIX: ZBH), a global medical technology leader, and Canary Medical, a medical data company, today announced U.S. Food and Drug Administratio... |
| 30.08.2021 | Zimmer Biomet and Canary Medical Announce FDA De Novo Classification Grant and Authorization to Market the World’s First and Only Smart Knee Implant | |
| 06.05.2021 | Zimmer Biomet is looking to put sensors in more than just knee implants | The Canary Health Implantable Reporting Processor (CHIRP) can go inside the tibial extension segment of a commercial knee prosthesis, shown here. [Image courtesy of Canary Medical]Even as Zimmer Biomet prepares to launch its Persona-IQ smar... |
| 08.03.2021 | Fierce Medtech Names Canary Medical a “Fierce 15” Company for 2020 | VANCOUVER, BC and CARLSBAD, CA – March 8, 2021 – Canary Medical today announced that it has been named by Fierce Medtech as one of 2020’s Fierce 15, designating it as one of the most promising private companies in the industry. |
| 11.02.2021 | Are smart knee implants the next big thing in ortho? | Orthopedic device industry watchers think so, and Zimmer Biomet appears set to be the first out of the gate this year through a partnership with the startup Canary Medical. The Canary Health Implantable Reporting Processor (CHIRP) can go in... |
| 07.01.2021 | Today in funding: Canary Medical, 54e Dev Studios, Willow, MINDD | Three Canadian startups and one American startup with a Canadian founder have recently announced new funding to fuel their growth. Here’s the latest on who raised, how much, from whom, and what they’ll be putting the new funds toward. Canar... |
| 05.01.2021 | Canary Medical Receives $20M Venture Loan Facility | Canary Medical, Inc., a Vancouver, Canada-based medical data company improving healthcare outcomes with its proprietary smart medical devices, received a $20m venture loan facility. Horizon Technology Finance Corporation (NASDAQ: HRZN) and ... |
| 05.06.2018 | The convergence of the technology and medical device industries is no longer a practical impossibility | I was at the Minneapolis Medtech Conference and sitting in the audience watching a panel prior to mine. Now let me add that the panel I was there to moderate was about how artificial intelligence and data are changing the medtech world, whi... |
| 21.05.2018 | Canary Medical Raises First Funding Round | Canary Medical, Inc., a Vancouver, British Columbia, Canada-based medical data company, raised its first funding round of undisclosed amount. The round was led by Quark Venture Inc and GF Securities, with participation from Relentless Pursu... |
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