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Smile Digital Health: Closes $30M Series B Funding

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Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

Smile Digital Health Closes $30M Series B Funding

  • Smile Digital Health, a Toronto, Canada-based FHIR health data fabric (HDF) and exchange solutions provider, raised $30M in Series B funding
  • The round was led by existing investors including UPMC Enterprises
  • The company intends to use the funds to expand its newly acquired clinical reasoning utility and forward-looking artificial intelligence and machine learning capabilities
  • Smile DigitalHealth provides an HDF platform that uses HDF architecture and ONC-compliant, event-driven FHIR APIs to allow healthcare providers, payers and IT vendors to build secure, composable and scalable data infrastructures
  • Smile DigitalHealth has grown rapidly from a 2016 startup to being a recognized leader in the digital health solutions space, servicing clients across the healthcare spectrum
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