Insights

Growth Funding PurposeMed just secured a major investment of 17.1M led by True North Fund I with participation from BDC and Panache Ventures, signaling a strong growth runway and potential for scale-focused partnerships with health tech providers, payers, and regional hospital networks.

Scaleable Care Units operates three complex care business units (Freddie, Frida, Foria) and serves thousands of patients monthly, indicating opportunities to cross-sell additional care services, care coordination platforms, and integrations to expand reach within hospital systems and underserved communities.

Tech Stack utilizes a modern tech stack including Salesforce, Google Cloud, Azure, Redshift and Jira-like tools, presenting openings for health IT integrations, data analytics collaborations, CRM-powered outreach, and secure data exchange with partner pharmacies and clinics.

Strategic Partnerships partners with Affirming Care Pharmacy, suggesting sales opportunities around pharmacy collaboration, medication management, supply chain optimization, and joint programs to improve access to complex care for underserved populations.

Regional Impact Canadian-founded and focused on underserved communities, with a clear mission to expand access to complex care, signaling opportunities to align with regional health authorities, grant-funded programs, and government-sponsored care initiatives that support scalable healthcare delivery.

Similar companies to PurposeMed

PurposeMed Tech Stack

PurposeMed uses 8 technology products and services including Canva, Salesforce, Amazon Redshift, and more. Explore PurposeMed's tech stack below.

PurposeMed's Email Address Formats

PurposeMed uses at least 3 email formats:
PurposeMed Email FormatsExamplePercentage
First@purposemed.comJohn@purposemed.com
93%
FirstLast@purposemed.comJohnDoe@purposemed.com
6%
FiLast@purposemed.comJoDoe@purposemed.com
1%

Frequently Asked Questions

What is PurposeMed's official website and social media links?

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PurposeMed's official website is purposemed.com and has social profiles on LinkedIn and Crunchbase.

How much revenue does PurposeMed generate?

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As of August 2026, PurposeMed's annual revenue is estimated to be $10M - $25M.

What is PurposeMed's NAICS code?

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PurposeMed's NAICS code is 62 - Health Care and Social Assistance.

How many employees does PurposeMed have currently?

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As of August 2026, PurposeMed has approximately 149 employees across 3 continents, including North America, South America and Europe. Key team members include Ceo & Co-Founder: H. M., Cto: C. D. and Chief Growth Officer: J. G. Explore PurposeMed's employee directory with LeadIQ.

What industry does PurposeMed belong to?

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PurposeMed operates in the Hospitals and Health Care industry.

What technology does PurposeMed use?

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PurposeMed's tech stack includes Canva, Salesforce, Amazon Redshift, Figma, Google Workspace, Google Cloud, Microsoft Azure and BambooHR.

What is PurposeMed's email format?

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PurposeMed's email format typically follows the pattern of First@purposemed.com. Find more PurposeMed email formats with LeadIQ.

How much funding has PurposeMed raised to date?

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As of August 2026, PurposeMed has raised $4.2M in funding. The last funding round occurred on Jun 30, 2021 for $3.8M.

When was PurposeMed founded?

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PurposeMed was founded in 2019.
PurposeMed logo

PurposeMed

Hospitals and Health CareAlberta, Canada51-200 Employees

PurposeMed is a Canadian-founded healthtech company established in 2019 that aims to improve access to complex care for underserved communities. The organization blends clinical roots with a scaling focus and currently delivers specialized care to thousands of patients each month. It operates three complex care units—Freddie, Frida, and Foria—and works in partnership with Affirming Care Pharmacy. Based in Calgary, Alberta, it participates in the Hospitals and Health Care sector and employs a mid-sized team.

The company targets underserved communities with complex medical needs, striving to remove barriers to access. It functions within the healthtech landscape, leveraging its specialized units to provide care at scale to a broad patient base.

Section iconCompany Overview

NAICS Code
62 - Health Care and Social Assistance
Founded
2019
Employees
51-200

Section iconFunding & Financials

  • $4.2M

    PurposeMed has raised a total of $4.2M of funding over 2 rounds. Their latest funding round was raised on Jun 30, 2021 in the amount of $3.8M as a Seed.

  • $10M - $25M

    PurposeMed's revenue is estimated to be in the range of $10M - $25M

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