Philosophy
Building Canada's next generation health
technology companies
Why Healthcare?
We invest in healthcare because it’s where we think we can have the greatest impact on the world. We believe that despite remarkable progress (e.g., vaccines, imaging, diagnostics, EMRs, minimally invasive surgery etc), we continue to face major challenges in healthcare on a global basis.
The Flaws
Healthcare spending continues to rise far faster than GDP while outcomes fail to improve. Access to quality care is a huge challenge in middle and low-income economies, an is also constrained in most wealthy countries (e.g. wait times and hallway-medicine).
The Opportunity
The healthcare sector is ripe for innovation, change and disruption. We believe that when care is required, it must be diagnosed accurately and efficiently and providers must be well-informed and well-coordinated.
The Thesis
Part of our investment thesis is that Technology, Data, Analytics & Connectivity are central to improving the accuracy, efficiency, quality and affordability of care – these are the ‘pick & shovels’ of health systems transformation.
Approach
Early Stage
We are long-term investors, and we build lasting partnerships with founders and leaders of great businesses. These partnerships are often established after the company has raised seed capital, developed a proof of concept, and obtained some market validation. Our initial investment is typically into Seed or Series A rounds and we stay with our companies through follow-on investments
Active Management
We are ‘hands-on’ investors. We take an active approach, we provide ongoing support, help build teams, and secure key customers when needed. With a strong network of industry partners and co-investors, we ensure our portfolio companies have capital and resources to grow.
Technology Optimists
We believe technology can fundamentally change and improve healthcare and help create more efficient, transparent and accessible healthcare systems. Our companies are at the forefront of innovation and are building the next generation of health technology companies that will inspire global improvement in healthcare.
Capital Efficiency
Our investments are expected to generate attractive returns driven by our strategic capital deployment and focus. We maximize returns by building strategic alliances, expanding networks and providing active management.