Funded Tech Companies
Able Innovations
Able Innovations is a leading medical devices company, based in Toronto, Ontario. VC investment was provided by NorthSpring Capital Partners, Velocity Venture Capital and Ontario Centre of Innovation.
Company Overview
Company Name
Able Innovations
Company Status
Private & Independent
Industry
Funding Rounds
Total Funding
Contact Information
Mailing Address
344 Westmoreland Ave North 209
Toronto, Ontario, M6H 3A7
Canada
Toronto, Ontario, M6H 3A7
Canada
Phone
Undisclosed
Website
Email Address
Company Background Information
Overview
Able Innovations is developing advanced medical devices to tackle the pressing problem of patient transfer in healthcare. The patient transfer equipment in use today is unsafe, inefficient, and undignified for all parties involved. The complex and physically demanding task of transfer leads to a high rate of injuries for care workers and patients. Consequently, patient transfers drain labour resources, costing hospitals billions of dollars annually.
Last Transaction
6/14/2022
Financing History
Date
Type
Amount
Management Team
Title
Name
Email & Social
Company Investors
- NorthSpring Capital Partners
- Velocity Venture Capital
- Ontario Centre of Innovation
- Private Investors (Andrew Vellathottam)
- Private Investors (Gaurav Puri)
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