Participated · Seed · May 2023

frenter is an all-in-one platform for the rental industry that provides data-driven tools and real-time insights to rental businesses. The platform delivers real-time data on equipment usage and health, including in remote areas, using cellular and satellite GPS technology. frenter's suite of solutions aims to optimize operations and minimize risk for equipment rental companies. Following the seed raise, the company plans to enhance its technical infrastructure and expand its product suite. frenter intends to focus on expanding its user base and forging strategic partnerships to accelerate growth. Founded in 2020 and headquartered in Halifax, Canada, the company completed a $1 million seed round to support these efforts.

Participated · Equity · Sep 2021

Founded in 2015 and based in Toronto, MedStack provides a cloud platform designed to reduce the time and cost of building integrated, patient-centric healthcare applications. Its tools focus on data integration, privacy and regulatory compliance for digital health companies; customers cited in the article include Inkblot Therapy, Maple, 2020 On-Site, and Benekiva. In early 2020 MedStack launched MedStack Control, a second-generation platform that the company says aligns with modern software practices while meeting healthcare security expectations. The company doubled its business in 2020 and was on pace to double again the following year, growth the CEO attributes to new partners and existing customers. MedStack had a 14-person team at the time of the report and plans to use new funding to double headcount over the next couple of months. The firm intends to invest the proceeds in product development, expand industry certifications, improve integrations and usability, and pursue partnerships across the digital health ecosystem. MedStack is a Toronto-based cloud automation company that provides privacy and security compliance solutions for healthcare apps. It builds and manages healthcare privacy compliance into cloud hosting tools and offers enhanced app hosting and actively managed compliance policies. The company operates in several countries and serves over 50 healthcare app vendors across various spaces. MedStack recently launched MedStack Control, a system that provides real-time hands-on infrastructure control and greater flexibility for client companies. The company plans to use new funds to develop channels for MedStack Control, expand engineering, sales and support teams, and pursue additional third-party security certifications and attestations. MedStack was co-founded in 2015 by CEO Balaji Gopalan and CTO Simon Woodside.