About MedStack
MedStack is a healthcare-oriented cloud hosting platform, offering a simplified, accelerated route to privacy compliance for healthcare apps, with a developer-friendly approach and uncompromised security.
Their problem
As a budding idea in 2012, MedStack came to Innovation Factory, seeking support on building a Software-as-a-Service model, securing investment, identifying funding programs, and team development.
Our solution
Innovation Factory supported Medstack’s founders, providing diverse expert advice and ongoing mentorship. From support to developing their SaaS business model and identifying funding to providing introductions to angel investors and corporate strategics.
Company success
MedStack has since evolved from a startup to a growth company. Thanks to Innovation Factory’s support early on, MedStack went on to successfully raised more than $6 million in capital for product development and team growth, now serves over 70 clients, and continues to contribute to Hamilton’s thriving startup ecosystem.
Testimonial
“MedStack has been working with the Innovation Factory since our company’s inception, going back to the days when both of our organizations were getting started. The early support they provided us with Expert Advisor time and industry connections was integral to the foundation of what our company was subsequently built upon. We are proud to be a part of Hamilton’s growing start-up community alongside Innovation Factory and so many others.”
– Simon Woodside, Co-Founder, CTO
