16 Bit Overview

  • Year Founded
  • 2016

Year Founded

  • Status
  • Private

  • Employees
  • 6

Employees

  • Latest Deal Type
  • Accelerator/​Inc

  • Investors
  • 10

16 Bit General Information

Description

Developer of artificial-intelligence medical software designed for opportunistic screening and clinical assessment. The company's platform analyzes routinely captured medical images to identify individuals at risk of osteoporosis and supports bone age estimation, enabling healthcare providers to improve screening and bone health management.

Contact Information

Website
www.16bit.ai
Ownership Status
Privately Held (backing)
Financing Status
Accelerator/Incubator Backed
Corporate Office
  • 825 Church Street
  • Unit 3007
  • Toronto, Ontario M4W 3Z4
  • Canada
Primary Industry
Other Healthcare Technology Systems
Other Industries
Enterprise Systems (Healthcare)
Diagnostic Equipment
Vertical(s)
Big Data, LOHAS & Wellness, SaaS, Artificial Intelligence & Machine Learning, HealthTech, Life Sciences, Oncology
Corporate Office
  • 825 Church Street
  • Unit 3007
  • Toronto, Ontario M4W 3Z4
  • Canada

16 Bit Timeline

2023202420252026
Financing RoundCaptured Employee CountEstimated Employee Growth

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16 Bit Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
10. Accelerator/Incubator 01-Jan-2024 Completed Generating Revenue
9. Accelerator/Incubator 18-Jan-2023 Completed Generating Revenue
8. Accelerator/Incubator 09-Aug-2022 Completed Generating Revenue
7. Accelerator/Incubator 28-Mar-2022 Completed Generating Revenue
6. Accelerator/Incubator 17-Mar-2022 Completed Generating Revenue
5. Accelerator/Incubator 01-Jun-2021 Completed Generating Revenue
4. Accelerator/Incubator 01-Jun-2020 Completed Generating Revenue
3. Accelerator/Incubator 01-Jan-2020 Completed Generating Revenue
2. Accelerator/Incubator 12-Jun-2019 $450K Completed Generating Revenue
1. Accelerator/Incubator 20-Feb-2018 $450K $450K Completed Generating Revenue
To view 16 Bit’s complete valuation and funding history, request access »

16 Bit Patents

  • 11

    Total Documents Applications and Grants

  • Total Patents Families

  • 5

    Granted

  • 4

    Pending

  • Expiring in next 12 mo

16 Bit Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
AU-2024348439-A1 System and method for automated generation of a clinical report Pending 26-Sep-2023
EP-4785338-A1 System and method for automated generation of a clinical report Pending 26-Sep-2023
WO-2025065095-A1 System and method for automated generation of a clinical report Inactive 26-Sep-2023
CA-3141427-A1 Approximating bone mineral density and fracture risk using single energy x-rays Active 16-Jul-2019
EP-3972496-A1 Approximating bone mineral density and fracture risk using single energy x-rays Pending 16-Jul-2019 A61B6/505
To view 16 Bit’s complete patent history, request access »

16 Bit Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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16 Bit Investors (10)

Investor Name Investor Type Holding Investor Since Participating Rounds
University of Toronto Entrepreneurship Accelerator/Incubator
GE HealthCare Technologies Corporation
Startup en résidence Accelerator/Incubator
Plug and Play Accelerator/Incubator Minority
INOVAIT Government Minority
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16 Bit FAQs

  • When was 16 Bit founded?

    16 Bit was founded in 2016.

  • Where is 16 Bit headquartered?

    16 Bit is headquartered in Toronto, Canada.

  • What is the size of 16 Bit?

    16 Bit has 6 total employees.

  • What industry is 16 Bit in?

    16 Bit’s primary industry is Other Healthcare Technology Systems.

  • Is 16 Bit a private or public company?

    16 Bit is a Private company.

  • What is 16 Bit’s current revenue?

    The current revenue for 16 Bit is .

  • How much funding has 16 Bit raised over time?

    16 Bit has raised $3.76M.

  • Who are 16 Bit’s investors?

    University of Toronto Entrepreneurship, GE HealthCare Technologies, Startup en résidence, Plug and Play, and INOVAIT are 5 of 10 investors who have invested in 16 Bit.

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