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AI Medical Scribe Heidi Health’s Revenue Surge Sees It Rival Canva for Startup Crown
The Australian Financial Review
ENRICHED
Details
- Date Published
- 21 Apr 2026
- Priority Score
- 1
- Australian
- Yes
- Created
- 21 Apr 2026, 02:00 am
Authors (1)
Description
The medical scribe business is just six years old but says it’s now reporting $70 million in annualised revenue and is growing faster than Canva.
Summary
Heidi Health has reported a rapid revenue surge to $50 million USD, positioning it as one of Australia's fastest-growing AI startups. While the article highlights significant commercial success and venture capital backing, it focuses primarily on business growth and the deployment of AI scribes within the healthcare sector. The content does not engage with frontier AI safety, catastrophic risks, or broader global AI governance frameworks. Its relevance is centered on the economic trajectory and domestic adoption of vertical AI applications in the Australian market.
Body
TechnologyFundingPrint articleAmelia McGuireBusiness reporterApr 21, 2026 – 5.00amAustralian medical scribe business Heidi Health says its annualised revenue has surged to $US50 million ($70 million) from just $US1 million two years ago, cementing its position as the fastest growing Australian technology company since design software giant Canva.The artificial intelligence company founded in Melbourne seven years ago has raised $US100 million from venture capital investors including Point72 Private investments and Blackbird Ventures in a series of funding rounds and is now valued at $660 million.Loading...SaveLog in or Subscribe to save articleShareCopy linkCopiedEmailLinkedInTwitterFacebookCopy linkCopiedShare via...Gift this articleSubscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? LoginLicense articleFollow the topics, people and companies that matter to you.Find out moreRead MoreFundingHealthcareAICanvaFetching latest articles