Calgary’s tech community will have an opportunity to hear the story behind PurposeMed’s recently announced US$250-million deal with Grindr at an upcoming fireside chat hosted by Long Calgary and House 831. The event will feature PurposeMed co-founder Pete MacLeod for a conversation about the transaction, a significant milestone for the Calgary healthtech company. As Calgary.tech […]
PurposeMed
PurposeMed to Be Acquired by Grindr in US$250 Million Deal
Calgary-based PurposeMed, the company behind Freddie and Affirming Care Pharmacy, is set to join Grindr in a US$250-million acquisition, while its Frida and Foria healthcare businesses become independent entities. The transaction includes US$190 million in cash and US$60 million in stock, with up to US$70 million in additional payments tied to 2027 performance targets. Closing […]
Alberta Tech Firms Shine in Canada’s Top Growing Companies 2025
The Globe and Mail’s Report on Business has released its seventh annual ranking of Canada’s Top Growing Companies, celebrating 400 businesses across the country that achieved impressive three-year revenue growth. Alberta’s tech sector once again made a strong showing, with a number of companies earning recognition for their sustained momentum and innovation. PurposeMed (#23, 1,459% […]
PurposeMed Secures Growth Investment to Expand Digital Health Services
Calgary-based PurposeMed has secured a growth investment led by True North Fund, with significant backing from BDC and Panache Ventures, as it continues its rapid expansion in digital healthcare. PurposeMed, recently ranked Canada’s second-fastest-growing tech company and seventh in North America, has been scaling its operations into the U.S. market. The company specializes in accessible […]
Neo Financial Leads Deloitte’s 2024 Technology Fast 50
Deloitte Canada has announced this year’s winners of the Technology Fast 50, Companies-to-Watch, Clean Technology and Enterprise Fast 15 awards, recognizing the world-class achievements of the best in tech companies across Canada for the 27th year. The Technology Fast 50 program recognizes the achievements of Canada’s leading technology companies—highlighting their commitment to innovation, strong leadership, […]
3 Calgary Startups Named to List of Canada’s Most Innovative Tech Companies
The Canadian Innovation Exchange has announced the recipients of this year’s prestigious CIX Top 20 Early and Top 10 Growth awards. These awards celebrate the remarkable achievements of Canadian tech companies at both early and growth stages. Selected by a committee of 150+ esteemed global investors, this year’s winners represent various industries, including climate technology, renewable energy, […]
Alberta Armada Sets Sail for SXSW to Highlight Innovation, Foster Growth
Alberta Innovates and its Scaleup Growth and Accelerator Program announced this month that dozens of high-potential regional startups will be attending the iconic annual tech and culture event SXSW in March. Fifty delegates will participate in curated meetings and attend invite-only networking events in an effort to make connections, attract investors, and take in learning […]
Alberta Tech Companies Recognized for Cultivating Competitive Corporate Cultures
A range of companies based in Alberta were recently recognized for excellence in cultivating corporate culture. Waterstone Human Capital this month unveiled the 2023 edition of its annual Canada’s Most Admired Corporate Cultures program, which recognizes best-in-class Canadian organizations and executives fostering high-performance cultures that facilitate a competitive advantage. “The 2023 Canada’s Most Admired award […]
6 Calgary Tech Companies Named Deloitte Technology Fast 50 Winners
Deloitte Canada has announced this year’s winners of the Technology Fast 50, Companies-to-Watch, Clean Technology and Enterprise Fast 15 awards, recognizing the world-class achievements of the best in tech companies across Canada for the 26th year. The Technology Fast 50 program recognizes the world-class achievements of Canada’s leading technology companies—highlighting their commitment to innovation, strong leadership, […]
Calgary Tech Entrepreneurs Recognized in Top 40 Under 40
They say the 25th consecutive year of something is its silver anniversary. For the Top 40 Under 40 project, it’s fitting, considering the shining accomplishments of all who have been named to Top 40 lists since the program began. This year’s Top 40 Under 40, presented by connectFirst Credit Union, the University of Calgary, and […]