# PurposeMed

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/purposemed

- Industry: Healthcare
- Headquarters: Calgary, Canada
- Website: www.purposemed.com/
- Latest round: Seed
- Investors on record: 1

## About

PurposeMed Inc. is a healthcare company focused on enhancing access to specialized medical services, particularly for underserved communities, through innovative remote care solutions.PurposeMed Inc. provides specialized healthcare services aimed at improving patient accessibility. Founded in 2019 in Calgary, Canada, the company has completed 2 notable deals. The founder has a history of establishing multiple healthcare initiatives, enhancing service delivery in the region.PurposeMed offers a range of healthcare services designed to improve access to specialized care for underserved communities. Their core product offerings include innovative solutions for HIV prevention, adult ADHD diagnosis and treatment, and expert gender-affirming care, all delivered remotely to enhance patient comfort and convenience. By leveraging a combination of experienced clinicians and advanced technology, PurposeMed eliminates traditional barriers to healthcare, ensuring that patients receive timely and personalized treatment without the usual delays or stigmas. Their services are particularly focused on the Canadian market, addressing the needs of individuals seeking accessible healthcare solutions. The integration with Affirming Care Pharmacy allows for seamless medication delivery, further enhancing the patient experience.PurposeMed's revenue model is structured around direct-to-consumer transactions, where patients engage with their services through a digital platform. This model allows patients to access specialized healthcare from the comfort of their homes, streamlining the healthcare experience. Revenue is generated through service fees associated with treatments and consultations, including flagship offerings such as PrEP for HIV prevention and ADHD care. The company's business structure is designed to facilitate quick and efficient interactions between clinicians and patients, fostering a supportive environment that encourages ongoing engagement and care continuity. Pricing plans for individual services are established to ensure accessibility while maintaining high-quality healthcare delivery.PurposeMed Inc. plans to expand its product offerings by developing new services aimed at further enhancing patient engagement and care continuity. The company is targeting expansion into other regions of Canada by the end of 2024 and is exploring potential international markets. Recently, PurposeMed Inc. raised an undisclosed amount of Seed funding from UCeed Haskayne Student Fund, which will support the development of new healthcare solutions and facilitate the expansion into new territories.

## Funding rounds

- Seed, date not disclosed — UCeed Haskayne Student Fund

## Investors

- UCeed Haskayne Student Fund (https://capitalatlas.ai/funds/uceed-haskayne-student-fund) — Seed