Toronto-based Think Research raises $25-million from Canadian, U.S. Investors
By ThinkResearch
TORONTO, Oct. 30, 2018 /CNW/ — Think Research, a leading digital healthcare platform provider, today announced that the Company has successfully completed its planned capital raise of over $25 million. This investment represents one of the largest of its kind for a Canadian healthcare technology firm with investments from new and existing investors including: certain funds of Fidelity Investments Canada ULC; Kayne Partners — the growth equity group of Kayne Anderson Capital Advisors, L.P.; Canaccord Genuity Group Inc.; and National Bank of Canada. This capital raise will further the Company’s ability to enhance its product line, advance machine learning capabilities and continue expanding into new markets.
“Our suite of clinical decision support tools help providers deliver the best care possible while generating treatment and behaviour data to fuel next generation healthcare AI applications. This round of funding gives Think Research more than $25 million in additional capacity to accelerate our innovation on a global scale,” said Sachin Aggarwal CEO of Think Research.
