The Rounds provides therounds.com, a free gated network designed to connect and enable collaboration among licensed healthcare professionals across North America. The platform hosts highly specialized Communities of Practice (CoPs) where physicians and healthcare professionals can discuss medical topics with verified peers. Medical associations and multinational pharmaceutical companies use the platform as a third-party intermediary to share medical advances and new therapeutic information with licensed professionals. The company plans to use the recent funding to continue development of the platform and to deliver a secure, seamless, and intuitive user experience. The Rounds has signed relationships with national governing bodies such as the Pharmaceutical Advertising Advisory Board (PAAB) and Innovative Medicines Canada (IMC). Led by CEO Tim Rice, the company was founded in 2012 and is based in Halifax, Canada. Financially, The Rounds closed follow-on investments that brought its Series A to CAD $6.7M. The Rounds operates therounds.com, a free gated network where licensed physicians and healthcare professionals across North America join specialized "Communities" to collaborate and discuss medical topics. As a third-party intermediary, multinational pharmaceutical companies and medical associations use the network to deliver digital campaigns and scientific content to its premium, verified professional audience. The company employs stringent verification and authentication processes and, together with sister pharmacy network QID, has established the largest database of active verified healthcare professionals in Canada. Founded in 2012 and led by CEO Tim Rice, The Rounds is based in Halifax, Nova Scotia. The company intends to use the proceeds from its recent fundraise to accelerate development of its network and to make strategic hires in marketing, sales, and engineering. Financially, The Rounds has raised a total of CAD 7.8 million since 2012 and has now completed a $5.1M Series A. The Rounds is a physician-only network that connects physicians to the information and experts they need to perform procedures and improve patient outcomes. It launched in private beta in February 2014 by CEO Blair Ryan, Will Harris, and Michael Clory, MD. The network reports members from each medical specialty and from every province in Canada. The company raised an additional $565k in seed funding to expand operations. Funds will be used to grow the engineering team as the company prepares a Series A fundraising effort in the coming months. The round was led by Gordon Stewart alongside four angel investors from Alberta.

Total raised

$7M

Funding rounds

3

Latest round

Series A

Latest activity

Feb 2023