How much funding has PurposeMed raised?

PurposeMed has raised $17.1M in total funding, most recently a Growth Equity round.

Who are PurposeMed's investors?

PurposeMed's investors include True North Fund, Panache Ventures, BDC Venture Capital.

When was PurposeMed founded?

PurposeMed was founded in 2019.

Where is PurposeMed headquartered?

PurposeMed is headquartered in Calgary, Canada.

What industry is PurposeMed in?

PurposeMed operates in Digital Health, Healthcare.

How many employees does PurposeMed have?

PurposeMed has 201-500 employees.

PurposeMed

Calgary, Canada · Founded 2019 · $17.1M raised

Digital Health

Healthcare

Headquarters: Calgary
Employees: 201–500
Founded: 2019
Business Model: B2C

Website: purposemed.com
Total Funding: $17.1M
Last Round: $17.1M Growth EquityMar 2025
Rounds: 1

About

Telehealth company connecting underserved patients with specialist clinicians for accessible, specialist-level care and pharmacy delivery.

Summary

PurposeMed is a Digital Health company based in Calgary, Canada, founded in 2019. It has raised $17.1M in total across 1 round, most recently a $17.1M Growth Equity round in Mar 2025. Investors include True North Fund, Panache Ventures and BDC Venture Capital.

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