On September 18, 2019, Maple announced that Acton Capital Partners led a $14.5 million financing round for Maple, which included participation from SE Health, one of the largest institutions providing home health care services. SE Health and Maple have agreed to a strategic partnership to integrate telemedicine solutions in home health care. The funding will be used to expand Maple’s hospital and home care arms, and invest in developing its product, which gives people online access to 400 health care practitioners in areas like dermatology, psychotherapy, and lactation consulting.
Acton Capital Partners is a Munich-based growth-equity fund in the internet sector. Since 1999, the company has invested in more than 70 companies across four fund generations amounting to more than €400 million. Acton invests worldwide, with a strong focus on Europe and North America.
Maple is a Toronto-based, telemedicine platform that provides on-demand access to medical providers. Their mission is to tackle some of the world’s most meaningful issues in healthcare, starting with timely and convenient access to doctors and other healthcare providers – so that people can feel better, faster.
Osler, Hoskin & Harcourt LLP advised Acton Capital Partners with a team led by Mark Longo and consisting of David Jamieson, Michael Grantmyre (Emerging and High Growth Companies) and Sahil Chopra (Corporate).