# Able Innovations

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/able-innovations

- Industry: Medical Devices & Equipment
- Headquarters: Toronto, Canada
- Website: www.ableinnovations.com
- Total disclosed funding: $3.5M
- Latest round: Seed (Jun 13, 2022)
- Investors on record: 3

## About

Based in Ontario, Canada, and co-founded in 2018 by Jayiesh Singh (CEO) and Philip Chang, Able Innovations Inc., aka Able Innovations, is a provider of user-centric healthcare devices. In June 2022, Able Innovations Inc. raised USD 2.5 million in venture debt funding from unspecified investors.

The company provides an alta platform that offers an automated bed transfer system for patients.

The company intends to use the funds raised in June 2022 to enhance the modernization of its front-line healthcare.

## Funding rounds

- Seed, Jun 13, 2022, $3.5M — Ontario Centre of Innovation, NorthSpring Capital Partners, University of Waterloo’s Velocity

## Investors

- Ontario Centre of Innovation (https://capitalatlas.ai/funds/ontario-centre-of-innovation) — Seed
- NorthSpring Capital Partners — Seed
- University of Waterloo’s Velocity — Seed