Verto

Verto in its $2 million Seed financing round

Client

Verto

Value

$2 million

Service

Emerging and High Growth Companies

Date Closed

August 2020

Industry

Health

Lead Office

Toronto

 

On August 27, 2020, Verto Health completed a $2 million Seed financing round led by MaRS Investment Accelerator Fund. Verto aims to improve clinical workflow by connecting healthcare providers and patients. The startup’s platform uses “digital twin technology,” which creates virtual replicas of physical entities, like bodies or devices.

Verto Health is a team of healthcare informaticians and technologists working to use digital twin technology to revolutionize interoperability, health delivery efficiency and cross-sector collaboration with the goal of dramatically improving patient outcomes and the patient experience, all while significantly reducing administration and healthcare organization costs.

MaRS Investment Accelerator Fund (IAF) is an early stage venture capital firm based in Toronto.

Osler, Hoskin & Harcourt LLP advised Verto with a team consisting of André Perey, Michael Grantmyre and Sahil Chopra (Emerging and High Growth Companies).