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Canvas Medical raises $17M – At What Cost?
Another one that’s given up control and the lion’s share of the rewards of their company. 7% to Y Combinator. 41.33%(!) in their 2017 seed round. Unknown share for this latest $17M but the 2017 post-val was $7.5M, so use your imagination. Not the only way.
Canvas Medical raises $17M to rebuild health records for primary care – MedCity News
Canvas Medical, a startup looking to build electronic medical records and ancillary tools for primary care systems, raised $17 million in funding.