Emerging and High Growth Companies

PurposeMed in its growth financing round led by True North Fund PurposeMed in its growth financing round led by True North Fund

PurposeMed
Key Contact
Mark Longo

Vancouver Managing Partner, Vancouver

Team
Michael Grantmyre

Partner, Emerging and High Growth Companies, Calgary

Ian Nelson

Associate, Emerging and High Growth Companies, Vancouver

John-David (JD) D’Souza

Associate, Emerging and High Growth Companies, Calgary

Gaby Fekete

Articling Student, Calgary

On March 4, 2025, PurposeMed announced the successful completion of its growth financing round led by True North Fund, with major participation by BDC and Panache Ventures.

PurposeMed is a Calgary-based, high-growth digital health company that provides accessible and specialized healthcare services, focusing on underserved populations across Canada and the United States. They were recently ranked Canada’s second-fastest-growing technology company and seventh in North America by Deloitte.

Osler, Hoskin & Harcourt LLP advised PurposeMed with a team consisting of Mark Longo, Michael Grantmyre, Ian Nelson, JD D’Souza (Emerging and High Growth Companies) and Gaby Fekete (articling student).

Value
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Date Announced
March 4, 2025
Lead Office
Vancouver
Key Contact
Mark Longo

Vancouver Managing Partner, Vancouver

Team
Michael Grantmyre

Partner, Emerging and High Growth Companies, Calgary

Ian Nelson

Associate, Emerging and High Growth Companies, Vancouver

John-David (JD) D’Souza

Associate, Emerging and High Growth Companies, Calgary

Gaby Fekete

Articling Student, Calgary