MedReddie has raised $1.55 million in equity financing led by MaRS Investment Accelerator Fund, with a total capital of $2 million to support international expansion and further development of its AI-driven procurement platform.
Amount Raised
C$1.55 Million
Round Type
Venture
Saint JohnInformation TechnologyBiotechnologySoftwareHealth CareArtificial IntelligenceMedicalInvestors
Description
MedReddie, based in Saint John and Waterloo, has raised $1.55 million in equity financing and secured an additional $500,000 in grants. This funding round aims to support the company's international expansion and enhance its AI-driven procurement platform. The round was led by MaRS Investment Accelerator Fund with participation from other strategic investors. Previous funding helped the company grow its team and advance product development.
Quick answer
MedReddie raised C$1.55 Million in a funding round, dated November 25, 2025. Investors: MaRS Investment Accelerator Fund, New Brunswick Innovation Foundation and Business Development Bank Of Canada’s Thrive Lab. MedReddie is based in Saint John, New Brunswick, Canada.
- How much did MedReddie raise?
- MedReddie raised C$1.55 Million in a funding round on November 25, 2025.
- Who invested in MedReddie?
- MaRS Investment Accelerator Fund, New Brunswick Innovation Foundation and Business Development Bank Of Canada’s Thrive Lab are named as investors in this round.
- What does MedReddie do?
- MedReddie is a Saint John, N.B-based medtech startup that offers an artificial intelligence (AI)-powered platform designed to streamline the medical technology evaluation and purchasing process.
- Where is MedReddie based and how big is it?
- MedReddie is based in Saint John, New Brunswick, Canada. Fundz records about 8 employees.
- Who are the decision-makers at MedReddie?
- Fundz holds 1 contact at MedReddie. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Medical and Biotechnology around the same time
Companies in the same sectors as MedReddie that raised within 45 days of this round, from Fundz verified event records.
- Shuttle Pharmaceutical Holdings raised $2.5M (Post-IPO Equity) on November 3, 2025.
- Carna raised $8M (Funding Round) on January 8, 2026.
- IMVARIA raised an undisclosed amount (Funding Round) on January 8, 2026.
- BrightHeart raised $13M (Series A) on January 8, 2026.
- Arcreal raised $5.4M (Pre-Series A) on December 17, 2025.
- DigeHealth raised $1.3M (Seed) on December 15, 2025.
Who to call at MedReddie, and when
A new round usually means MedReddie is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day MedReddie raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at MedReddie, from your own LinkedIn network
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