PurposeMed key facts
as of Oct 2026- Operator of growth telehealth brands designed to improve access to complex care for underserved communities worldwide.
- PurposeMed is valued at approximately $104.8M as of Oct 2026 (last reported valuation).
- It has raised $19.7M; the latest was Later Stage VC ($11.9M) in Mar 2025.
- Notable investors include BDC Capital, Panache Ventures, Azure Capital Partners, C100, Prairies Economic Development Canada — 9 tracked in total.
- Status: Privately Held (backing).
PurposeMed's last reported valuation, Mar 2025. Nothing priced has surfaced since.
- ·Watch PurposeMed: the Monday email on marks, rounds and moves
PurposeMed funding rounds
No funding rounds for PurposeMed are on record yet — either the company hasn't raised institutional capital, or the raise hasn't surfaced in our sources.
PurposeMed valuation
PurposeMed's last reported valuation was $105 million in Mar 2025. No priced round, secondary trade or fund mark has surfaced since.
PurposeMed investors
9 investors are on record for PurposeMed, including BDC Capital, Panache Ventures, Azure Capital Partners and C100.
About PurposeMed
Operator of growth telehealth brands designed to improve access to complex care for underserved communities worldwide. The company's system provides affirming and high-quality care, without judgment and without waiting rooms, enabling the patient to get connected with clinicians feasibly and receive compassionate healthcare from the comfort of their home.
- Sector
- Healthcare
- HQ
- Calgary, Canada
- Founded
- 2019
- Employees
- 200
- Website
- purposemed.com/
- Ownership
- Privately Held (backing)
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