On March 4, 2025, PurposeMed, a Calgary-based telehealth company, announced the successful completion of its growth financing round led by True North Fund, with significant participation from BDC and Panache Ventures.
PurposeMed specializes in providing accessible and specialized healthcare services to underserved populations across Canada and the United States.
True North Fund is a Canadian growth-stage venture capital firm dedicated to supporting top-performing Canadian tech founders.
Osler, Hoskin & Harcourt LLP advised PurposeMed with a team consisting of Mark Longo, Michael Grantmyre, Ian Nelson, and JD D’Souza.
Dentons advised BDC with a team led by Manveer Bisla, David Little, and Andrea Johnson.
Lawyer(s)
Michael Grantmyre
Andrea Johnson