Bia Health raises $2.15 million CAD to scale clinical decision software

Québec City-based healthtech startup Bia Health raised $2.15 million CAD in combined debt and equity financing on October 14, 2026, to expand the deployment of its clinical decision support software.

Montréal-based firm Finalta Capital provided $1.4 million CAD in debt financing for the transaction, according to reporting by BetaKit. Anges Québec led the equity portion of the financing round, which also included participation from Desjardins through its Startup en résidence program.

Bia Health was founded in 2016 by chief executive officer Anne-Sophie Paquet, a physiotherapist, alongside a group of healthcare professionals. The enterprise initially focused on building digital learning modules and a library of medical content to improve access to clinical research.

The company later shifted its focus after identifying that applying evidence at the point of care was a larger challenge for practitioners. Its primary product, Bia Assistant, provides recommendations from a library of medical and scientific knowledge to help clinicians evaluate whether patients require medical imaging or procedures.

Low-value and unnecessary medical care represents an estimated 30 percent of all healthcare delivered in Canada, Paquet wrote in an email to BetaKit. The company noted that the software is designed to offer evidence-based recommendations rather than replace clinical judgment.

"Bia aims to reduce unnecessary and low-value care, which represents an estimated 30 percent of healthcare in Canada, by helping clinicians make the most appropriate decision for each patient," Paquet said. Paquet added that avoiding unnecessary referrals, investigations, and imaging allows clinicians to provide self-care options when medical escalation is not required.

The startup currently generates $500,000 CAD in annual recurring revenue. It plans to use the new funding to deploy Bia Assistant to a larger base of clinical users across primary care settings.

As part of its initial deployment strategy, Bia Health signed an agreement with Santé Québec in the Capitale-Nationale – Universitaire region. The organization will conduct a six-month test of the software with 100 clinicians focused specifically on musculoskeletal care, including conditions like osteoarthritis and bone fractures.

The startup estimates that broad adoption of its software across Québec primary care could save the province up to $100 million CAD annually.

Following its initial focus on Québec, Bia Health plans to expand its target market into the United States. Unnecessary medical imaging adds an estimated $12 billion USD ($17 billion CAD) in annual costs to the U.S. medical system, according to a study published in the Journal of the American College of Radiology.