Simuhealth raises $2.6 million pre-seed to modernize healthcare training

By December 12, 2025
New capital will help Vancouver startup scale its training management platform across North America.

Simuhealth will expand its enterprise resource planning platform for healthcare training across Canada and the United States thanks to new funding. 



“It’s tough out there for Canadian startups, especially when you’re building an infrastructure platform rather than a shiny new AI SaaS thing.”

Matthew Housser,
Simuhealth

The Vancouver-based company has closed a $2.6-million CAD pre-seed round, which the startup claims exceeded its original $2-million target. The new capital will support Simuhealth’s expansion across hospitals and academic institutions in Canada and the US. Simuhealth already serves several clients in its home province, including the Provincial Health Services Authority, Island Health, Interior Health, and Fraser Health.

Founded in 2024 by CEO Matthew Housser and Howard Louie, Simuhealth automates the management of healthcare simulation, training, and compliance programs. These programs help clinicians test and learn new skills in test environments before taking them into a real healthcare setting. 

Simuhealth claims that healthcare training is often delivered and tracked through fragmented legacy software and manual processes; it says its platform can help institutions standardize and scale training operations with better workflow management and reporting. Its software helps schedule healthcare simulations, track equipment inventory, track training session attendance, and generate outcome and resource usage reports to help with budgeting. 

Its pre-seed round was co-led by two American venture firms, Looking Glass Capital and Parade Ventures, with a “significant investment” from RiverPark Ventures, the company told BetaKit in a statement. Other round participants include Altair Capital, Startup TNT, Wormhole Capital, and angel investor Mike MacCombie.

Housser wrote in a LinkedIn post that this was his first time dealing with venture capital in his more than a decade as a full-time entrepreneur and operator, calling the process a “marathon.” His comments come as many are feeling the broadening funding divide between traditional software and artificial intelligence startups.

“It’s tough out there for Canadian startups, especially when you’re building an infrastructure platform rather than a shiny new AI SaaS thing,” Housser wrote.

The startup has 13 employees, is used within four of BC’s six healthcare authorities, and will soon be adopted by the Vancouver General Hospital Simulation Centre, Housser told BetaKit in an email. 

He added that the new funding will be invested into expanding the capabilities of its core platform offering, as well as an international expansion. 

“Simuhealth will have a busy expo schedule in 2026, being present at many international trade shows specific to the healthcare training industry,” Housser said. 

In addition to the equity financing, Housser said that Simuhealth received $60,000 in non-dilutive funding from the National Research Council of Canada’s Industrial Research Assistance Program to further its technical research and development efforts. 

UPDATE (12/15/2025): This story has been updated with additional details provided by Simuhealth CEO Matthew Housser.

Feature image courtesy Lucia Navarrete via Unsplash.

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