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MedReddie has raised $1.55 million in equity financing led by MaRS Investment Accelerator Fund, with a total capital of $2 million to support international expansion and further development of its AI-driven procurement platform.
Amount Raised
C$2 Million
Round Type
Venture
Saint JohnInformation TechnologyBiotechnologySoftwareHealth CareArtificial IntelligenceMedicalInvestors
Description
MedReddie, based in Saint John and Waterloo, has raised $1.55 million in equity financing and secured an additional $500,000 in grants. This funding round aims to support the company's international expansion and enhance its AI-driven procurement platform. The round was led by MaRS Investment Accelerator Fund with participation from other strategic investors. Previous funding helped the company grow its team and advance product development.
Fundz sees it the moment MedReddie raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
MedReddie raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
145 of these a day, filtered to the companies you pick, with the decision-maker attached.
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