PurposeMed
PrivateLast Round
Growth Equity
Mar 4, 2025
Total Funding Raised
$6.37M
Momentum
Top 25%
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
Explore SEC and related filing metadata, where available.
| Type | Date | Amount Offered | Amount Sold | Filing | Pages | Download |
|---|
Filing documents are not displayed on this public page. Request access to learn about available coverage.
Request accessFrequently Asked Questions
Common questions about PurposeMed's valuation, stock price, and market status.
Is PurposeMed a public or private company?
PurposeMed is a private company.
What is the current stock price of PurposeMed?
PurposeMed is a private company with no public stock price. No recent secondary market data is available.
How much is PurposeMed worth (valuation)?
Valuation information for PurposeMed is not publicly available.
Can I buy PurposeMed stock?
PurposeMed shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors. Visit https://www.caplight.com to learn more.
When was PurposeMed's last funding round?
PurposeMed's most recent funding round was Growth Equity on March 4, 2025.
Who are the main investors in PurposeMed?
Key investors in PurposeMed include True North Fund, ATB Financial.
Will PurposeMed IPO soon?
No public IPO plans have been announced for PurposeMed.
How can I track PurposeMed secondary market activity?
Caplight tracks bids, offers, and trades for private companies. Visit https://www.caplight.com to monitor PurposeMed's secondary market activity and sign up for updates.