Chronometriq: Montreal-Based Patient Engagement Raises CAN$20 Million In Funding

By Amit Chowdhry • Oct 3, 2019
  • Chronometriq, a Montreal-based provider of access-to-care and patient engagement tools, announced that it raised more than CAN$20 million in Series B funding

Chronometriq, a Montreal-based provider of access-to-care and patient engagement tools, announced it has raised more than CAN$20 million in Series B funding led by Full In Partners with additional participation from existing investors. This funding round will help Chronometriq further its leadership position in Canada. And it will provide Chronometriq with significant opening traction in the United States.

“We are very proud and excited to have attracted Full In as investors and partners in this round. During our process, Full In stood out among 200-plus other firms for their compassion, value-add orientation, and long track record of partnering with founders to grow companies like ours” said Chronometriq co-founder and CEO Yan Raymond-Lalande in a statement.

Chronometriq is a leader in digital healthcare management through its suite of products enabling full-cycle appointment management for clinics and patients. Over the past year, Chronometriq served 12 million users through its network of clinics across North America. Launched in 2012, Chronometriq was named as one of the 25 most innovative businesses by C2-MTL.

“We’ve spent the last year in the U.S. optimizing our products and strategy for the market and have entered into an integration and distribution partnership with multiple major U.S. players. Thanks to our efforts and the operational support provided by Full In, we are now poised for successful expansion into the U.S., ” added Remi Richard, Chronometriq co-Founder and Head of Growth.

Full In is a new women-led growth equity fund founded by Elodie Dupuy, Jess Davis, and Eric Tonkyn. And the firm is focused on changing the fundraising experience for entrepreneurs through the application of proprietary technology and value-added strategy, guidance, and relationships post-investment.

“The Chronometriq team has built an exciting suite of solutions that we think have the potential to transform healthcare for doctors and patients across North America. Yan and Remi immediately felt like family to us and ideal partners and we are so excited to be aligned in our pursuit of glory,” explained Dupuy.