Product Reports Resources Pricing Login Book a demo
COMPANY PROFILE

Phoenix

Explore full profile

Providing a discreet and convenient way for men to get treated for hair loss and erectile dysfunction

Toronto, CanadaFounded 2020Health Tech & Medtech
Valuation $100–250M Last recorded · 2025
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Phoenix and the history behind them.

About Phoenix

Phoenix (phoenix.ca) is a pioneering digital health clinic based in Canada, specifically designed to cater to men's health needs. The company operates in the telehealth market, providing a secure online platform that connects men with licensed Canadian physicians. Phoenix focuses on offering treatments for conditions such as erectile dysfunction and weight loss, ensuring that clients receive personalized care and continuous support throughout their health journey.

The business model of Phoenix revolves around telemedicine, which allows patients to consult with healthcare professionals via the internet. This model is particularly advantageous for those who prefer the convenience and privacy of online consultations. The process begins with an online assessment where clients answer medical questions and discuss their health goals with a licensed physician. Based on this consultation, the physician determines the most suitable treatment plan, which may include prescription medications.

Phoenix generates revenue by charging for these online consultations and the subsequent treatments prescribed. The company does not manufacture drugs or operate as a pharmacy; instead, it partners with licensed healthcare practitioners who issue prescriptions when appropriate. Additionally, Phoenix offers free shipping for medications, enhancing the convenience for their clients.

The primary clientele for Phoenix includes adult men who are seeking discreet and efficient medical advice and treatment for specific health issues. The company’s services are particularly appealing to those who value the ease of accessing healthcare from the comfort of their homes.

In summary, Phoenix is revolutionizing men's health care in Canada by leveraging telehealth technology to provide accessible, personalized, and continuous medical support.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2020
Headquarters
Toronto, Canada
Employees
96
Open positions
9
Dealroom signal
88.0/100
Industry
Health
Sub-industry
Health Platform
Sector
Health Tech & Medtech, Mentech, Hard Tech, YC W21
Client focus
b2c

Funding history

5 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
DEBT✓Debt Jan 2025 $7.3M — CIBC Innovation Banking ↗
SERIES A✓Equity / VC Jan 2025 $29M $117M Valspring Capital · Y Combinator ↗
Showing the latest 2 of 5 recorded eventsBook a demo for the full funding history →

Growth signals

Phoenix website traffic

Latest recorded traffic for Phoenix is 420K monthly website visits, up 68% over the last three months. Phoenix's team grew 10.3% over the past year.

Latest monthly visits420K 3-month web change+68% 1-year team growth+10.3%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Similar companies

Closest operating peers by Dealroom taxonomy

Company identity and context are open; selected comparison metrics preview what is available on the platform.

Showing 8 of the closest matchesCompare every metric →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

11 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed2 investors entered at this stage

Series A3 investors entered at this stage

  • TMT Investments
  • The Garage Syndicate
  • Valspring Capital

Series B and later1 investor entered at this stage

  • CIBC Innovation Banking

Other known investors5 additional known investors

Team profiled 8 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 2 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
6 countries with
team presence
🇨🇦 Canada89.2%
🇺🇸 United States3.1%
🇵🇭 Philippines1.5%
🇬🇧 United Kingdom1.5%
🇮🇳 India1.5%
Top 5 of 6 shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Phoenix on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

See Phoenix’s full profile on Dealroom

Request a free trial to see the complete deal history, financials, people graph and growth signals.

Takes under a minute. Already use Dealroom? Log in.