Canadian Healthcare Technology Logo
  • Issues
    • Current Print Issue
    • Print Archive
  • Advertise
    • Publishing Schedule
    • Circulation
    • Unit Sizes and Rates
    • Mechanical Requirements
    • Electronic Advertising
    • White Papers
  • Subscribe
    • Print Edition
    • e-Messenger
    • White Papers
  • Events
  • Vendors
  • About Us

GE Revolution Ascend

GE Revolution Ascend

Enovacom EPC

Enovacom EPC

Physician IT

The Rounds raises an additional $1.6M in funding

February 8, 2023


Tim RiceHALIFAX – The Rounds, a Canadian healthcare tech startup, announced the successful close of its Series A round with two follow-on investments totaling $1.6 million CAD from Panoramic Ventures, an Atlanta-based venture capital firm, and Invest Nova Scotia. This brings the company’s total Series A round to $6.7 million. The Rounds’ flagship product – therounds.com – is a free, gated network designed to connect and collaborate with licensed healthcare professionals across North America.

The new funding will be used to continue the development of the platform and provide users with a secure, seamless, and intuitive experience.

“We are thrilled to have the continued support of both Panoramic Ventures and Invest Nova Scotia as we move forward with our mission to modernize the way healthcare professionals connect and collaborate,” said Tim Rice (pictured), CEO of The Rounds, “The new funds will help us make our platform more accessible and provide even more value to our users.”

The Rounds’ trusted platform helps physicians and healthcare professionals collaborate in highly specialized Communities of Practice (CoPs) where they can discuss medical topics with peers. Medical associations and multinational pharmaceutical companies leverage The Rounds as a third-party intermediary to ensure medical advances and new therapeutic options are at the fingertips of verified licensed medical professionals.

Panoramic Ventures Partner Austin Poole noted why the company made additional investments, “We continue to be impressed with the rapid adoption of The Rounds platform as the go-to platform for HCP collaboration, engagement, and knowledge sharing in North America. We’re thrilled to continue to support the team’s mission to improve global healthcare outcomes.”

Ben McDade from Invest Nova Scotia further commented on why they decided to invest: “Our team at Invest Nova Scotia is proud to be a long-time supporter of, and investor in, The Rounds. The Series A fundraise will help replicate the company’s success in Canada across key healthcare markets in U.S. There has never been a better time to break down the geographic barriers stifling collaboration in specialty healthcare, and The Rounds is doing just that.”

Since its founding in 2012, The Rounds has forged relationships with national governing bodies such as the Pharmaceutical Advertising Advisory Board (PAAB) and Innovative Medicines Canada (IMC). The Rounds has established the largest database of active verified healthcare professionals in Canada through stringent verification and authentication processes.

About Panoramic Ventures
Panoramic Ventures is a venture capital firm based in Atlanta that partners with extraordinary founders to build category-leading companies. Panoramic invests in B2B software and tech-enabled service businesses at all stages of maturity, from pre-seed and seed to growth and scale, giving more entrepreneurs access to capital to build leading tech companies. For more information, visit www.panoramic.vc or follow Panoramic Ventures on LinkedIn, Instagram, or Twitter @panoramicvc.

About Invest Nova Scotia
Invest Nova Scotia offers programs, services, advice, and other resources Nova Scotia companies need to grow. Start-ups are a key focus area for us, and we support them through venture capital, incubation facilities, expert advice, and other acceleration initiatives. We’re especially interested in deep technology start-ups, which are those based on scientific discovery, new engineering innovation, or IT that is not focused on end-user services.

About The Rounds
The Rounds is Canada’s leading collaboration network for physicians and healthcare professionals. Founded in 2012, The Rounds modernizes how physicians and healthcare professionals access and share information because sharing knowledge saves lives. https://therounds.com/

PreviousNext

CHT print [900×150]

CHT print [900x150]

News and Trends

  • NS improves care by deploying Command Centres
  • Panel identifies threats from faxes, snooping, cyber-attacks
  • Bringing portable X-ray imaging to Canada’s remote communities
  • In Ontario, real steps are being taken to reach EHR interoperability
  • Care-givers need improved technology to reduce stress in the LTC sector
More from the Print Edition

Subscribe

Subscribe

Free of charge to Canadian hospital managers and executives in nursing homes and home-care organizations. Learn More

Follow us on Social Media!

Follow us on Social Media!

Softworks

Softworks

Nihi Spring 2023

Nihi Spring 2023

Advertise with us

Advertise with us

Sectra [Feb]

Sectra [Feb]

Change Healthcare [2]

Change Healthcare [2]

Infoway [March2023]

Infoway [March2023]

Zebra [Mar2023]

Zebra [Mar2023]

RealTime

RealTime

CHT print [900×150]

CHT print [900x150]

Advertise with us

Advertise with us

Sectra [Feb]

Sectra [Feb]

Change Healthcare [2]

Change Healthcare [2]

Infoway [March2023]

Infoway [March2023]

Zebra [Mar2023]

Zebra [Mar2023]

RealTime

RealTime

Contact Us

Canadian Healthcare Technology
1118 Centre Street, Suite 207
Thornhill, Ontario, Canada L4J 7R9
Tel: 905-709-2330
Fax: 905-709-2258
info2@canhealth.com

  • Quick Links
    • Current Print Issue
    • Print Archive
    • Events
    • Vendors
    • About Us
  • Advertise
    • Publishing Schedule
    • Circulation
    • Unit Sizes and Rates
    • Mechanical Requirements
    • Electronic Advertising
    • White Papers
  • Subscribe
    • Print Edition
    • e-Messenger
    • White Papers
  • Resources
    • White Papers
    • Writers’ Guidelines
    • Privacy Policy
  • Topics
    • Administrative Solutions
    • Clinical Solutions
    • Companies
    • Continuing Care
    • Diagnostics
    • Education & Training
  •  
    • Electronic Records
    • Government & Policy
    • Infrastructure
    • Innovation
    • People
    • Privacy and Security

© 2023 Canadian Healthcare Technology

The content of Canadian Healthcare Technology is subject to copyright. Reproduction in whole or in part without prior written permission is strictly prohibited. Send all requests for permission to Jerry Zeidenberg, Publisher.

Search Site

Error: Enter a search term

  • Issues
    • Current Print Issue
    • Print Archive
  • Advertise
    • Publishing Schedule
    • Circulation
    • Unit Sizes and Rates
    • Mechanical Requirements
    • Electronic Advertising
    • White Papers
  • Subscribe
    • Print Edition
    • e-Messenger
    • White Papers
  • Events
  • Vendors
  • About Us