Investment Brief | February 2020 : Medhelper, Lexop
Discover the latest investments by Anges Québec's members and its side-car fund, Anges Québec Capital.
Sector : digital health
MedHelper is a solution for Insurers and other payors such as workers compensation boards designed to help their members maximize adherence to their medications and treatments and help employers control healthcare costs. MedHelper goes beyond traditional solutions by providing a complete platform addressing the core causes of non-adherence.
In December 2019, MedHelper closed a $1.4 million round of financing with support from Anges Québec, Campus des Technologies en Santé/Desjardins Capital, PME-MTL (Ouest de L’Ile), NexApp Technologies and Banque Development du Canada.
"This investment will provide MedHelper with the capital necessary to continue the commercialization of its products and invest further in the functionality of its platform” adds Terry Fitzpatrick, CEO of MedHelper.
Sector : SaaS
Lexop is a Montreal-based fintech startup that's leading a change in the collections industry and impacting the lives of tens of thousands of people every day. Its customer-centric software-as-a-service helps world-class companies remove friction from collections by offering the most flexible self-service payment experience to their past-due customers.
In December 2019, LEXOP closed a $1.8 million seed round led by Anges Québec, Canada’s largest angel investors network, with strategic participation from a major Canadian financial institution.
"The new funds will fuel our sales and marketing efforts, as well as accelerate product development. The company plans to double in size over the next 12 months and expand its software-as-a-service (SaaS) to telecommunication, financial and utility companies across Canada and the United States" added Amir Tajkarimi, cofounder and CEO of Lexop.