Founded Year

2021

Stage

Series A | Alive

Total Raised

$13.34M

Last Raised

$11.5M | 6 mos ago

Mosaic Score
The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.

+365 points in the past 30 days

About AssistIQ

AssistIQ provides supply chain management solutions for the healthcare sector, using computer vision and machine learning. The company's offerings include tracking of medical supplies and implants, with a focus on waste reduction and charge capture in operating rooms. The platform integrates with healthcare systems to provide insights that relate to practices and cost reduction while ensuring patient care. It was founded in 2021 and is based in Montreal, Canada.

Headquarters Location

1 Westmount Square

Montreal, Quebec, H3Z 2P9,

Canada

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ESPs containing AssistIQ

The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.

EXECUTION STRENGTH ➡MARKET STRENGTH ➡LEADERHIGHFLIEROUTPERFORMERCHALLENGER
Healthcare & Life Sciences / Health Data & Analytics

The healthcare supply chain management software market uses AI to optimize and automate supply chain operations within healthcare facilities. These platforms manage medical supplies through technologies such as computer vision, predictive analytics, machine learning for automated inventory management, procurement optimization, and demand forecasting. Core functionalities include real-time supply t…

AssistIQ named as Outperformer among 10 other companies, including SAP, Infor, and Cardinal Health.

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Research containing AssistIQ

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned AssistIQ in 1 CB Insights research brief, most recently on Oct 20, 2025.

Expert Collections containing AssistIQ

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

AssistIQ is included in 5 Expert Collections, including Decarbonization Tech.

D

Decarbonization Tech

2,383 items

Companies in the Decarbonization & ESG space, including those working on enterprise and cross-industry decarbonization and emissions monitoring solutions, as well as ESG monitoring and carbon accounting.

D

Digital Health

12,122 items

The digital health collection includes vendors developing software, platforms, sensor & robotic hardware, health data infrastructure, and tech-enabled services in healthcare. The list excludes pureplay pharma/biopharma, sequencing instruments, gene editing, and assistive tech.

S

Supply Chain & Logistics Tech

4,664 items

Companies offering technology-driven solutions that serve the supply chain & logistics space (e.g. shipping, inventory mgmt, last mile, trucking).

A

Artificial Intelligence (AI)

20,894 items

D

Digital Health 50

50 items

Latest AssistIQ News

AssistIQ Partners with Allina Health to Deploy AI Supply Capture Across 100+ ORs and Procedural Rooms

Sep 26, 2025

AssistIQ Partners with Allina Health to Deploy AI Supply Capture Across 100+ ORs and Procedural Rooms Dublin, OH – September 26, 2025 – Hospitals are investing heavily in artificial intelligence to reduce administrative burden and improve care. AI-driven documentation is among the top investment priorities for health system leaders1. While most of that focus has centered on clinician charting, documentation of supplies and implants used in procedures has been overlooked, despite the impact on provider focus and the hospital’s bottom line. Allina Health is introducing AssistIQ’s real-time AI supply capture and insights platform across its hospitals and procedural areas. The rollout spans more than 100 operating and procedural rooms across the health care system. By ensuring every supply and implant is accurately documented at the point of use, AssistIQ provides trusted data to capture every charge – correctly – and guide smarter operational decisions. Tom Lubotsky, Chief Supply Chain Officer, Allina Health, said: “Having complete and reliable data on the supplies and implants used in procedures allows our teams to work more efficiently to better serve our patients. With this new technology, every product is captured consistently, giving us the foundation to understand our product costs, waste and use and roll out a single reliable system across our hospitals. Our patients trust us to provide expert care and that means all systems of our hospitals must run smoothly.” Early deployment has already shown measurable improvements, with teams capturing more billable products and strengthening revenue integrity while easing the documentation burden on staff. These gains give Allina Health the resources and reliable data needed to sustain its long-term vision for excellence in patient care. Matt Pavlovec, Patient Care Manager, Allina Health, said: “Our care team members feel the difference right away. Instead of dealing with barcode scans that may not register or having to manually document, our teams can capture every product quickly and accurately while keeping their focus on the patient. More importantly, this improved accuracy helps ensure we have the right product on hand for the next patient, all but eliminating the need to hunt for products as we’re setting up.” AssistIQ’s AIQ CaptureTM and AIQ Charge CaptureTM products connect directly with Allina Health’s core systems, Epic and Workday, embedding supply and implant data seamlessly into clinical and administrative workflows. Josh Buehler, Chief Operating Officer, AssistIQ, said: “Allina Health has been a true partner in shaping AssistIQ to fit real-world clinical workflows. Together we’re proving that AI can tackle an overlooked area of hospital revenue management. By capturing every product reliably, hospitals are seeing up to 30% more billable revenue, a reduction in inventory errors, and new data visibility that supports strategic decision making, financial performance, and excellence in patient care.”

AssistIQ Frequently Asked Questions (FAQ)

  • When was AssistIQ founded?

    AssistIQ was founded in 2021.

  • Where is AssistIQ's headquarters?

    AssistIQ's headquarters is located at 1 Westmount Square, Montreal.

  • What is AssistIQ's latest funding round?

    AssistIQ's latest funding round is Series A.

  • How much did AssistIQ raise?

    AssistIQ raised a total of $13.34M.

  • Who are the investors of AssistIQ?

    Investors of AssistIQ include Battery Ventures, Tamarind Hill, StandUp Ventures, N49P, Kerry Liu and 4 more.

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