Categories: AppCareCommerceDataEquipmentMarketMedTechOptimizeSoftware
Disposable medical equipment is the second largest variable cost category in most hospitals after wages. Yet hospitals and ambulatory surgical treatment centers lack the ability to track and optimize costs across routine surgeries and procedures. AssistIQ's Surgical IQ (SIQ) is the only scalable, commercial software application that provides real-time tracking capabilities inside the operating room (OR) along with data insights to empower surgical care providers to offer the best value to their patients. With an estimated 234 million surgeries and annual spending of $162 billion on medical disposables that are estimated to grow to $370 billion by 2028, the serviceable obtainable market is estimated at over $2 billion annually.
Investors 2
Funding Rounds 1
| Date | Series | Amount | Investors |
| 28.05.2025 | - | $11.5M | - |
Mentions in press and media 7
| Date | Title | Description |
| 30.05.2025 | Revolutionizing Hospital Supply Chains: The AssistIQ Breakthrough | In the intricate world of healthcare, every second counts. Every dollar matters. Hospitals are under constant pressure to deliver quality care while managing rising costs. Enter AssistIQ, a Montreal-based company that is shaking up the stat... |
| 28.05.2025 | AssistIQ Secures $11.5M to Transform Hospital Supply Chains with AI | What You Should Know:
– AssistIQ, an AI company utilizing computer vision to revolutionize how hospitals manage surgical and procedural supply chains secures $11.5M in Series A funding round led by Battery Ventures, with participation from ... |
| 28.05.2025 | AssistIQ raises $11.5M to scale AI-enabled supply tracking tech | Photo: Morsa Images/Getty Images
AssistIQ, which offers hospitals computer vision technology for supply chain management, has secured $11.5 million in Series A funding.
The round was led by Battery Ventures, with participation from existing... |
| 12.04.2023 | AssistIQ is SAGES 2023 Shark Tank Winner | Shark Tank Winner 2023 AssistIQ's Lisa Israelovitch with Shark Tank host Dr. Christopher Schlachta and Shark Tank Judge Dr. Steven Schwaitzberg
AI Supply Capture and Intelligence Platform Reduces Supply Waste, Costs and Carbon Footprint
The... |
| 28.02.2023 | AssistIQ raises $2.5 million CAD to cut down on medical waste in hospitals | - |
| - | AssistIQ | “Tracking medical supply usage with actionable insights for healthcare providers to increase efficiency, reduce costs and carbon footprint.” |
| - | AssistIQ | “Designed for simplicity and powered by computer vision and machine learning, AssistIQ Capture accurately tracks supplies and implants as they are used...” |
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