Three Canadian startups have announced fresh funding rounds to fuel their growth. Here’s the latest on who raised how much, and from whom.
Dash MD receives $250,000 to build Waterloo Wellington LHIN custom app
Toronto-based Dash MD has received $250,000 from Waterloo Wellington Local Health Integration Network (LHIN) to develop a local version of its app, which helps patients and hospitals communicate about aftercare.
In early Apil, Dash MD raised $500,000 to expand its platform in the US. The app gives patients detailed instructions on managing their care after the hospital visit, and hospitals work with Dash MD to create custom plans.
“Care providers and patients are understanding of the fact that using pieces of paper and verbal instructions is a dated way to educate and engage your patients,” CEO Zack Fisch told BetaKit at the time.
Patients in Waterloo Wellington will have access to the Waterloo Wellington LHIN Dash MD mobile app later this year.
“We are harnessing the tremendous potential of technology to improve patient outcomes in the health system, including when patients are discharged fom the hospital,” said Bruce Lauckner, CEO of the Waterloo Wellington LHIN. “We’re very excited to be partnering with Dash MD to bring real-time local health information to patients through a mobile app that will be free for them to use.”
Athennian raises $550,000 and names PwC as first global customer
Calgary-based legaltech startup Athennian, formerly known as Paper, has raised $550,000 in funding and secured PwC Law LLP as its first global customer.
James Lochrie, co-founder of Wave and an Athennian advisor, led the funding round with participation from individual investors SkipTheDishes co-founder Andrew Chau, Symend founder Hanif Joshaghani, EscapeCode Ventures founder Matt Mastracci, and Triovest SVP Mike Mannix. BlueSky Equities, Harvey Partners, Castle Financial, and Viewpoint Investment Partners were institutional investors in the round.
“We believe the drivers that will fundamentally transform legal services are culture and teamwork,” said Katie McLean, chief growth officer. “From native support for outsourced shared services to better in-firm collaboration, Athennian’s products are designed to scale the power of teams and accelerate transformation of work culture in the legal industry.”
Athennian’s platform is meant to provide an all-in-one dashboard for legal teams including document automation, eSign, collaboration, and legal entity management. The company is expanding to include minute book and corporate services management.
“Clients want an integrated global service, simpler and more digestible output, providers with deeper understanding of their business, and processes to which their in-house teams can actively contribute,” said Jean-Philippe Couture, partner at PwC Law LLP. “We’re thrilled that this platform will help clients focus more time with their customers.”
Athennian said it currently has 1,000 users.
SWFTCharge raises $400,000 from Southern Ontario Angel Network
SWFTCharge has raised $400,000 from the Kingston-based Southern Ontario Angel Network to tackle a simple problem: keeping phones charged at events.
Targeting venues like music festivals, theme parks, and restaurants, SWFTCharge offers a small portable device that can charge phones by 40 to 60 percent. The device is returned once a user’s rental period is over, and the company said on its website that this means increased sales as people stay in the venue for longer.
“A number of our members really liked the founders and this investment opportunity and we were able to bring a number of first-time investors to the deal,” said John Molloy, managing director of the Southern Ontario Angels. “Importantly, we were also able to engage some investors with very relevant domain-specific experience and they are now engaged and helping SWFTCharge plan and execute their market strategy.”
Founded by Queens University undergrad students, co-founders Greg Fedele and Anish Sharma said that by summer 2017 they had already reached just $104,000 in revenue from festivals.
Photo via Twitter.
