Insights

Acquisition Synergy MEDFAR recently acquired CareWay, a Canadian AI healthcare pioneer, signaling expansion into AI-enabled analytics and decision support. This creates cross-sell opportunities for advanced EMR features, AI-driven patient insights, and integration capabilities to enhance MEDFAR’s MYLE and PLEXIA platforms.

Scalable Growth With a mature SaaS EMR product and substantial funding history, MEDFAR demonstrates growth readiness and financial stability. This supports conversations around enterprise licensing, reseller partnerships, and expansion into new markets or larger clinics seeking scalable cloud-based clinical management systems.

Cloud-First Stack The tech stack includes Azure, Snowflake, Tableau, and modern cloud tools, indicating readiness for data analytics, reporting, and interoperability. This opens up sales angles for data-driven dashboards, advanced reporting, HIPAA-compliant analytics, and seamless integration with health information exchanges.

Recognition & Momentum Industry recognition as a Deloitte Technology Fast 50/500 winner in 2023 and ongoing investor backing reflect credibility and speed to value. Leverage this to pursue large healthcare networks, multi-site deployments, and government or payer-led procurement opportunities.

Specialist Coverage Distinct EMR tailoring for general practitioners (MYLE) and specialists (PLEXIA) presents a dual-market approach. Focus on segment-specific sales motions, expand clinician-education partnerships, and position integrations with AI tools from CareWay as enhanced clinical decision support across specialties.

Similar companies to MEDFAR

MEDFAR Tech Stack

MEDFAR uses 8 technology products and services including Pendo, Tableau, WordPress, and more. Explore MEDFAR's tech stack below.

Media & News

MEDFAR's Email Address Formats

MEDFAR uses at least 2 email formats:
MEDFAR Email FormatsExamplePercentage
First.Last@medfarsolutions.comJohn.Doe@medfarsolutions.com
99%
Fir.Last@medfarsolutions.comJoh.Doe@medfarsolutions.com
1%

Frequently Asked Questions

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 LinkedIn and Crunchbase.

How much revenue does MEDFAR generate?

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As of August 2026, MEDFAR's annual revenue is estimated to be $25M - $50M.

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 August 2026, MEDFAR has approximately 223 employees across 4 continents, including North America, Asia and South America. Key team members include Chief Operating Officer And Chief Medical Officer: R. A., Chief Financial Officer: O. K. and 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 Pendo, Tableau, WordPress, Snowflake, Microsoft Intune, Workday, Azure Active Directory and Microsoft Azure.

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 August 2026, MEDFAR has raised $43M in funding. The last funding round occurred on Apr 18, 2023 for $22M.

When was MEDFAR founded?

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MEDFAR was founded in 2010.
MEDFAR logo

MEDFAR

Software DevelopmentQuebec, Canada201-500 Employees

MEDFAR is a software development company based in Montreal, Quebec, Canada, with an employee count in the 201-500 range. It develops cloud-based electronic medical records, namely the MYLE EMR for general practitioners and the PLEXIA EMR for specialists, designed to simplify clerical tasks and present patient data in a single platform. MEDFAR emphasizes collaboration in research and development with physicians and healthcare administration to ensure its products meet client needs. The company's solutions function as comprehensive and easy-to-use clinical management systems for medical practices. In its recent history, MEDFAR announced the acquisition of CareWay in March 2025 and has been recognized in Deloitte's Technology Fast 50/500 programs in 2023.

Section iconCompany Overview

NAICS Code
5112 - Software Publishers
Founded
2010
Employees
201-500

Section iconFunding & Financials

  • $43M

    MEDFAR has raised a total of $43M of funding over 3 rounds. Their latest funding round was raised on Apr 18, 2023 in the amount of $22M as a Series C.

  • $25M - $50M

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

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