MedReddie is a Saint John- and Waterloo-based SaaS company that uses artificial intelligence to simplify healthcare procurement. Its platform automatically generates sourcing documentation and consolidates regulatory, clinical, and performance data into a single interface, enabling hospitals and group purchasing organizations to make faster, better-informed purchasing decisions for medical technology. Founded by Kara LeBlanc, the company already serves major health systems and GPOs across North America. With fresh capital, MedReddie plans to accelerate international expansion and advance product development, including further enhancements to its AI agent. The firm positions itself within the growing AI health-tech procurement market and benefits from backing by both venture and public innovation funds. The recent $2 million infusion combines equity and non-dilutive grants, giving the company additional runway to scale its operations and deepen its technology moat.

Total raised

$3M

Funding rounds

3

Latest round

Equity

Latest activity

Dec 2025