PurposeMed
PrivateLast Round
Growth Equity
Mar 4, 2025
Total Funding Raised
$6.37M
Momentum
Top 10%
of companies Caplight tracks
Company Overview
PurposeMed is a healthtech company that provides a telehealth platform for specialized healthcare services to underserved communities in Canada and the United States.
Sector
Healthcare & Life Sciences
Verticals
Telemedicine, Patient Engagement
Business Model
B2C
Customer Profile
Services & Consulting, Subscription SaaS
AI Layer
Non-AI
Keywords
Historical Pricing
Historical view of private secondary pricing and transaction trends.
PurposeMed Comparables
Compare PurposeMed with similar companies based on industry and business-model similarity.
| Company | Similarity | Market Cap |
|---|---|---|
| MISTR | 83% | |
| Felix Health Inc. | 81% | |
| Folx Health | 80% | |
PurposeMed Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Growth Equity | Mar 4, 2025 | ||||
| Debt | Mar 15, 2024 | ||||
| Grant | Jan 18, 2023 | ||||
| Seed | Jun 30, 2021 |
Key People
Founding team and executive leadership
PurposeMed Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| True North Fund | Growth Equity |
| Panache Ventures | Growth Equity, Seed |
| ATB Financial | Debt |
| BDC Capital | Growth Equity |
| Prairies Economic Development Canada | Grant |
| Azure Capital Partners | Seed |
| BDC Capital Management | Growth Equity |
Market signals
Structured signals derived from secondary market and firmographic data.
- Jun 21, 2026
Monthly visitors grew 69% MoM.
- Apr 22, 2026
Partnering with the University of Calgary, HIV CTN, and Alberta Innovates.
PurposeMed Filings
SEC and related filings with document metadata.
| Typed | Date | Amount Offered | Amount Sold | Filling | Pages | Download |
|---|---|---|---|---|---|---|
Mock Valuation | Sign Up to view | Mock Valuation | Sign Up to view | Mock Valuation | Sign Up to view | Mock Valuation |
Mock Valuation | Sign Up to view | Mock Valuation | Sign Up to view | Mock Valuation | Sign Up to view | Mock Valuation |
Mock Valuation | Sign Up to view | Mock Valuation | Sign Up to view | Mock Valuation | Sign Up to view | Mock Valuation |
Mock Valuation | Sign Up to view | Mock Valuation | Sign Up to view | Mock Valuation | Sign Up to view | Mock Valuation |
Frequently Asked Questions
Common questions about PurposeMed's valuation, stock price, and market status.