Insights

Rapid Market Growth Medfarsolutions has demonstrated significant growth, achieving recognition as a Deloitte Technology Fast 50 and Fast 500 winner in 2023, alongside securing multiple large funding rounds totaling over CAD$45M. This indicates a strong market presence and increasing capacity to scale innovative healthcare solutions, presenting opportunities for partners seeking to expand within the healthcare SaaS space.

Strategic Acquisitions The recent acquisition of CareWay, a leader in healthcare AI, positions Medfarsolutions to integrate cutting-edge artificial intelligence capabilities into its EMR platform, creating opportunities to target healthcare providers looking for advanced, intelligent clinical management systems that improve patient outcomes and operational efficiency.

Funding & Investment Potential With ongoing investments in the range of $22M to $30M and revenues between $25M and $50M, Medfarsolutions is poised to enhance its product offerings and expand its customer base. This presents opportunities for collaboration with organizations facilitating healthcare innovation, or for clients aiming to leverage a financially robust and rapidly evolving EMR provider.

Technology Integration Utilizing a sophisticated tech stack that includes Power BI, Java, Python, and cloud-based tools suggests Medfarsolutions is well-positioned to adopt new technologies. Business partners offering innovative integrations or analytics solutions can capitalize on this scalable platform to extend its capabilities and reach new healthcare markets.

Market Focus & Customer Base While primarily serving Canadian healthcare providers with tailored EMRs for general practitioners and specialists, Medfarsolutions’ strong growth and recent expansion suggest an opportunity to target niche segments or expand into broader healthcare markets, especially with its AI enhancements and robust clinical management tools appealing to a diverse range of medical practices globally.

MEDFAR Tech Stack

MEDFAR uses 8 technology products and services including Power BI, Adobe Captivate Prime, Mailchimp, and more. Explore MEDFAR's tech stack below.

  • Power BI
    Business Intelligence
  • Adobe Captivate Prime
    Corporate Learning Management Systems
  • Mailchimp
    Email
  • Google Sheets
    Office Suites
  • LinkedIn
    Online Community Software
  • Java
    Programming Languages
  • Python
    Programming Languages
  • Google Tag Manager
    Tag Management

Media & News

MEDFAR's Email Address Formats

MEDFAR uses at least 1 format(s):
MEDFAR Email FormatsExamplePercentage
First.Last@medfarsolutions.comJohn.Doe@medfarsolutions.com
50%
First.Last@medfarsolutions.comJohn.Doe@medfarsolutions.com
50%

Frequently Asked Questions

Where is MEDFAR's headquarters located?

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MEDFAR's main headquarters is located at 1224 Rue Stanley Montréal, Quebec h3b 2s7 Canada. The company has employees across 4 continents, including North AmericaAsiaEurope.

What is MEDFAR's official website and social media links?

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MEDFAR's official website is medfarsolutions.com and has social profiles on LinkedInCrunchbase.

What is MEDFAR's NAICS code?

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MEDFAR's NAICS code is 5112 - Software Publishers.

How many employees does MEDFAR have currently?

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As of February 2026, MEDFAR has approximately 215 employees across 4 continents, including North AmericaAsiaEurope. Key team members include Chief Operating Officer And Chief Medical Officer: R. A.Chief Financial Officer: O. K.Chief Operations Officer, Vp Product Development: P. I.. Explore MEDFAR's employee directory with LeadIQ.

What industry does MEDFAR belong to?

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MEDFAR operates in the Software Development industry.

What technology does MEDFAR use?

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MEDFAR's tech stack includes Power BIAdobe Captivate PrimeMailchimpGoogle SheetsLinkedInJavaPythonGoogle Tag Manager.

What is MEDFAR's email format?

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MEDFAR's email format typically follows the pattern of First.Last@medfarsolutions.com. Find more MEDFAR email formats with LeadIQ.

How much funding has MEDFAR raised to date?

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As of February 2026, MEDFAR has raised $45M in funding. .

When was MEDFAR founded?

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MEDFAR was founded in 2010.

MEDFAR

Software DevelopmentQuebec, Canada201-500 Employees

Our mission is to promote excellence and efficiency in healthcare through our MYLE and PLEXIA electronic medical records.

MEDFAR leverages healthcare experience, research, and passion with the latest cloud-based technology to offer medical practices comprehensive and easy-to-use clinical management systems.

Our EMR solutions, MYLE and PLEXIA, are built with physicians in mind. MEDFAR R&D is performed in partnership with doctors and healthcare administration, and is driven by our clients' needs. 

The MYLE EMR, tailored to general practitioners, and the PLEXIA EMR, tailored to specialists, allow physicians to focus on a richer patient-physician relationship by simplifying the clerical and administrative duties of daily medical practice. With MYLE and PLEXIA, it’s easy to see all of the patient’s files and data in one intuitive platform, providing medical professionals fast access to a complete profile to make better informed, safer care decisions.

Section iconCompany Overview

Headquarters
1224 Rue Stanley Montréal, Quebec h3b 2s7 Canada
NAICS Code
5112 - Software Publishers
Founded
2010
Employees
201-500

Section iconFunding & Financials

  • $45M

    MEDFAR has raised a total of $45M of funding over 2 rounds. .

  • $25M$50M

    MEDFAR's revenue is estimated to be in the range of $25M$50M

Section iconFunding & Financials

  • $45M

    MEDFAR has raised a total of $45M of funding over 2 rounds. .

  • $25M$50M

    MEDFAR's revenue is estimated to be in the range of $25M$50M

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