Business Wire · May 2026
Extends the same starting price to eligible Ozempic prescriptions for out-of-pocket Canadian patients.
Company research
Public company, workplace, funding, and market signals
Updated Jul 29, 2026
Overview
Phoenix Digital Health Inc. is a Toronto-based Canadian telehealth clinic for men, offering provider-reviewed online care and discreet prescription delivery for conditions such as erectile dysfunction, hair loss, weight management, testosterone support, early climax, skincare, smoking cessation, and at-home blood testing via Phoenix Labs.
Primary product
Canadian men's telehealth clinic with provider-reviewed prescriptions and discreet delivery
Founded
2019
Headquarters
200 Wellington St W, Suite 1400, Toronto, Ontario M5V 3C7, Canada
Team size
51-200
Work style
Onsite
Industry
Wellness and Fitness Services
Sub-industry
Digital health / telehealth for men's health
Offices
200 Wellington St W, Suite 1400, Toronto, Ontario M5V 3C7, Canada
130 Spadina Ave., Suite 807, Toronto, Ontario, Canada
Business model
direct-to-consumer telehealth
subscription
prescription medication fulfillment
lab testing
Funding
Stage
Series A
Latest round
Series A · Mar 2025
Latest amount
$34.9M
Mar 2025 · Valspring Capital
Jan 2025 · CIBC Innovation Banking
Jan 2023
May 2021
Mar 2021 · Y Combinator
People & investors
Leadership
Founder & Co-CEO
Founder & Co-CEO
Medical Director
Chief of Staff / Executive Director, Strategic Initiatives
VP of Product
Head of Brand
Head of User Experience
Work & culture
Mission-driven and patient-centric, with strong in-person collaboration in Toronto and a notable emphasis on AI in engineering and operations.
Work style
Onsite
Compensation
A senior full-stack engineering role publicly posted at CA$125k–CA$155k, with benefits including healthcare coverage, wellbeing allowance, and flexible time off. No broader company-wide compensation policy is public.
Benefits
healthcare coverage
wellbeing allowance
remote-first holiday season
flexible time off for mental health and religious/cultural observances
in-person collaboration
AI-enabled tooling and workflows
Product & market
Pricing
Free online assessment with treatment pricing bundled into medication pricing and/or subscription plans; public examples include sildenafil starting at $54.47 and Ozempic/generic semaglutide starting at $124.99 per month.
Differentiators
- —Canada-only telehealth focus
- —asynchronous provider-reviewed care
- —licensed Canadian physicians and nurse practitioners
- —discreet medication delivery
- —mens-health specialization
- —Phoenix Labs integration
- —AI-heavy internal workflows
Technology
Ruby
Ruby on Rails
React
React Native
PostgreSQL
AWS
SQL
jQuery
Cloudflare
AI tools
Customers
Canadian men seeking telehealth treatment for ED, hair loss, weight management and related men's health conditions
Canadian patients using Phoenix Labs (Ontario only)
Competitors
Truman Health
mailMymeds
Felix Health
Maple
Hims & Hers
Men's Health Clinic
Essential Clinic
Scale & contact
Estimated revenue
Approximately USD 35M–36M ARR (public estimates vary)
Estimated monthly visits
229K
Traffic estimate as of Jul 2026
Latest news
Business Wire · May 2026
Launches direct-to-patient generic semaglutide in Canada at a starting price of $124.99, following Health Canada approval.
Business Wire · Dec 2025
Shares survey findings on Canadians' health information-seeking behavior, weight loss priorities, and attitudes toward AI-assisted treatment recommendations.
Business Wire · Mar 2025
Announces a CAD 50 million Series A led by Valspring Capital, with renewed Y Combinator participation and support from CIBC Innovation Banking.
BetaKit · Mar 2025
Explains Phoenix's capital raise, team growth plans, board changes, revenue growth commentary, and Canadian market positioning.
Jobs and careers at Phoenix
17 jobs at Phoenix
Bilingual Customer Experience Coordinator (EN/FR)
On-site
Operations
Toronto, Ontario; Toronto, Ontario, Canada
1d ago
On-site
Full-time
Bilingual Customer Experience Coordinator (EN/FR) - Remote
Remote
Operations
Ottawa, Ontario; Ottawa, Ontario, Canada
1d ago
Remote
Full-time
Senior Graphic Designer
On-site
Marketing
Toronto, Ontario; Toronto, Ontario, Canada
1w ago
On-site
Full-time
Video Editor (Performance Marketing)
On-site
Marketing
Toronto, Ontario; Toronto, Ontario, Canada
1w ago
On-site
Full-time
Senior Frontend Developer (React)
On-site
Engineering
Toronto, Ontario; Toronto, Ontario, Canada
3w ago
On-site
Full-time
Bilingual Pharmacist (EN/FR) - On-Site
On-site
Pharmacy
Markham, Ontario; Markham, Ontario, Canada
3w ago
On-site
Full-time
Bilingual Nurse Practitioner - Ontario (Remote)
Remote
Medical
Ottawa, Ontario; Ottawa, Ontario, Canada
3w ago
Remote
Contract
Bilingual Nurse Practitioner - New Brunswick (Remote)
Remote
Medical
Fredericton, New Brunswick; Fredericton, New Brunswick, Canada
3w ago
Remote
Contract
Video Producer
On-site
Marketing
Toronto, Ontario; Toronto, Ontario, Canada
1mo ago
On-site
Full-time
Infirmière Praticienne Spécialisée (IPS) - Télétravail
Remote
Medical
Montreal, Québec
1mo ago
Remote
Contract
Head of User Acquisition
On-site
Marketing
Toronto, Ontario; Toronto, Ontario, Canada
1mo ago
On-site
Full-time
Senior Product Manager
On-site
Engineering
Toronto, Ontario
2mo ago
On-site
Full-time
Organic Growth Marketing Manager
On-site
Marketing
Toronto, Ontario
2mo ago
On-site
Full-time
Senior Lifecycle Marketing Manager
On-site
Marketing
Toronto, Ontario
2mo ago
On-site
Full-time
Creative Strategist
On-site
Marketing
Toronto, Ontario
3mo ago
On-site
Full-time
Head of Brand, Phoenix
On-site
Marketing
Toronto, Ontario
4mo ago
On-site
Full-time
Performance Marketing Specialist
On-site
8mo ago
On-site
Full-time