Latest news with #Fullscript
National Post
26-06-2025
- Business
- National Post
As Life Expectancy Stalls, NiaHealth Adds $5.75M in Funding to Lead Canada's Proactive Health Movement
Article content Led by Golden Ventures, the funding accelerates the rollout of NiaHealth's Platform 2.0 and cements its role as the category-defining leader in Canada's proactive health revolution. Article content TORONTO — NiaHealth, the fast-growing health tech startup pioneering proactive care in Canada, today announced the close of its $5.75 million seed round, led by Golden Ventures, with participation from notable investors including Kyle Braatz (CEO, Fullscript), Satish Kanwar & Arati Sharma (Good Future / ex-Shopify), Jonathan Ehrlich (Roar Ventures), Zach Coelius (Coelius Capital), The51 women-focused venture fund, Jason Smith (CEO, Klue), Kathy Butler (CIBC), and returning investors Boris Wertz (Version One Ventures), ScaleGood Fund, Garage Capital and Ivan Yuen (Co-Founder, Wattpad). This builds on a $2.5M pre-seed raise in 2024, bringing total funding to over $8.25 million to date. Article content Since emerging from stealth earlier this year, NiaHealth has seen over 12,000 Canadians join its waitlist, is on track to cross 300K+ biomarker tests by end of year, and has quickly grown users 30% month-over-month, driven largely by referrals. Partnerships with the University of Alberta and high-growth companies like Ada are helping expand both its scientific research and corporate employer benefits program. Article content The raise comes at a critical inflection point: Canadian life expectancy has been stagnant for six years, chronic illness is on the rise, and nearly 6.5 million Canadians lack access to a nurse practitioner or family doctor. At the same time, fitness wearables and health trackers are generating more data than ever, yet health outcomes aren't improving. NiaHealth bridges that gap by giving Canadians access to the tools, technology, advanced clinical-grade healthspan testing, and one on one human clinician guidance to take action before symptoms strike. Article content From Tester to Investor Article content Matt Golden, Partner at Golden Ventures and lead investor in NiaHealth, began his relationship with the company not just as a financial backer but as a member. Article content 'I was always healthy, but NiaHealth helped me highlight unknown health risks—as a result, I worked with the NiaHealth clinician team to make lifestyle interventions that ended up reducing my risk of diabetes by more than half upon retesting. The data was powerful, but it was the human clinical guidance that made it sustainable. That's when I knew: this isn't just another health startup. It's a movement that should benefit all Canadians and Golden Ventures needs to be a part of it.' Article content 'We're building the most advanced, accessible, and evidence-based Longevity-as-a-Service platform in Canada,' said Sameer Dhar, Co-Founder & CEO of NiaHealth. 'We plan for everything else in life, mortgages, careers, retirement, yet most of us are flying blind when it comes to our long-term health. At NiaHealth, we believe Canadians should have the tools and clinical support to take control of their health. The earlier you know, the more you can do.' Article content From Proactive Annual Check-Ups to Continuous, Data-Driven Care Article content Over 90% of NiaHealth members discover an undiagnosed issue or risk, and more importantly, start doing something about it. With Platform 2.0 launching this summer, NiaHealth becomes the most powerful integrated proactive health platform in Canada by combining an expanding set of test data to unlock advanced personalized insights: Article content Integration with popular wearables like Oura Ring, Garmin, Apple Watch, and Fitbit for 365-days-a-year insights to understand the relationship between behaviours and a member's unique biomarkers; Continuous glucose monitoring (CGM) to track how food impacts your health real-time via bluetooth; Expansion from 50 to 100+ biomarkers offered in testing to get even more precision insights; And commitment to having the widest range of proactive tests in Canada, adding Toxic Heavy Metals, Omega's, Advanced Thyroid tests to roll out in coming weeks. Article content 'For too long, healthcare has been about reacting to illness. And far too many Canadians are living with preventable chronic conditions, impacting not just their health, but also placing strain on our public healthcare system,' said Sameer Dhar, CEO and Co-Founder of NiaHealth. 'But the good news is, with the help of modern longevity science and the latest technology, we can take real steps toward longer, healthier lives. Canadians deserve a roadmap, not just a diagnosis. We're here to help people not just add years to life, but energy to those years.' Article content What's Next: Scaling Reach, Sharpening Precision Article content Steered by co-founders Sameer Dhar (CEO), Tanya ter Keurs (Clinical Director), Mike Goss (COO), and Saif Uddin Mahmud (CTO), the funding will fuel the continued rollout of the NiaHealth Platform 2.0, continued product R&D into predictive features, and investment in developing human-first, AI-supported clinician support tools, and continued user expansion across Canada. Article content 'NiaHealth changed my life, plain and simple,' remarks Richard Balan, one of NiaHealth's first members. 'As a 6-foot-tall man in my 50s, I didn't realize that decades of small, unhealthy habits had left me at significant risk for heart attack, stroke, and chronic aches and pains. The wake-up call came when I saw my results in late 2023. With the support of a 1:1 clinician, I was inspired to make key lifestyle changes, and ended up losing 40 pounds in just 12 months. My retest in 2024, along with the full suite of tests NiaHealth offers, showed I had completely turned my health around. I feel energized and renewed.' Article content NiaHealth is Canada's first end-to-end proactive health platform, combining advanced biomarker testing, fitness wearables integration, and personalized clinical consultation to help Canadians optimize their health decades in advance. HSA-eligible and currently available in Ontario, Alberta, British Columbia, Manitoba, Saskatchewan, Nova Scotia, New Brunswick, Newfoundland and Labrador, and Prince Edward Island. Learn more at Article content Article content Article content Article content Article content Contacts Article content Media: Article content Kate Carnegie Article content Article content Article content
National Post
05-05-2025
- Business
- National Post
Fullscript Accelerates Growth with Expanded Investment from HGGC and Snapdragon; Leonard Green & Partners Backs New Phase Through Continuation Vehicle
Article content OTTAWA, Ontario — Fullscript, a leading healthcare platform powering whole person care, today announced an expanded investment from HGGC, a leading middle-market private equity firm, and Snapdragon Capital Partners ('Snapdragon') to support its next phase of growth. The new capital, supported by a continuation vehicle led by Leonard Green & Partners as the sole lead investor, underscores strong investor confidence in Fullscript's innovative model and long-term market leadership. HGGC, with Snapdragon as a minority investor, originally invested in Fullscript in 2021. Article content Article content Founded in 2011, Fullscript has redefined whole person care by empowering healthcare providers with evidence-based supplement prescribing and fulfillment, advanced lab management capabilities and intuitive tools for improved patient adherence and outcomes. Today, Fullscript supports over 100,000 providers and 10 million patients, driving adoption of a more comprehensive and preventative approach to health. Article content 'Fullscript is transforming how care is delivered by bridging the gap between providers and patients with a truly whole-person approach,' said Kyle Braatz, Co-Founder and CEO of Fullscript. 'This investment allows us to continue advancing our technology, expanding our services, and empowering more practitioners to deliver personalized, proactive care.' Article content 'This transaction reflects our strong conviction in the long-term value creation potential of Fullscript, our continued belief in the vision and capability of Fullscript leadership, and the strength of our partnership with HGGC,' said Mark Grabowski, Founder and Managing Partner at Snapdragon Capital Partners. 'The continuation vehicle investment by LGP provides the flexibility to provide liquidity options to our investors and capital to support the next phase of growth while maintaining alignment across all stakeholders.' Article content David Fox and Garrett Hall, Co-Heads of LGP's Sage strategy, said, 'We are thrilled to partner with Snapdragon, HGGC and the leadership team at Fullscript to support their continued success. This transaction underscores our commitment to investing in high-quality, market-leading companies with strong competitive positions and sustainable long-term growth.' Article content HGGC is a values-driven, partnership-focused private investment firm. The firm's ecosystem of investors, operators, and professionals are united by the shared mission to develop leading enterprises and build long term value together. HGGC invests in technology, business services, financial services and consumer enterprises generally valued between $200M – $1.5B+. The firm is based in Palo Alto, CA and manages over $8 billion in cumulative capital commitments. More information, including a complete list of current and former investments, is available at Article content Founded in 2018, Snapdragon Capital Partners is a growth equity and buyout firm purpose-built for ambitious growth companies that are cherished by the modern consumer. The firm has a distinguished reputation in consumer services, including franchising, and a track-record of success identifying defensible growth opportunities in products and enablement technologies or B2B2C platforms. The Snapdragon portfolio includes Xponential Fitness (NYSE: XPOF), Fullscript, the Better Being Company, Fortis Franchise Group, Spartan Fitness Holdings, and JECT. Article content LGP is a leading private equity investment firm founded in 1989 and based in Los Angeles, California with $75 billion of assets under management. The firm partners with experienced management teams and often with founders to invest in market-leading companies. Since inception, LGP has completed over 150 investments in the form of traditional buyouts, going-private transactions, recapitalizations, growth equity, and selective public equity and debt positions. The firm primarily focuses on companies providing services, including consumer, healthcare and business services, as well as distribution and industrials. For more information, please visit Article content Founded in 2011, Fullscript is a leading healthcare platform powering whole person care. With a full suite of clinical tools that make it easier for practices to deliver personalized care more efficiently and effectively – Fullscript has helped over 100,000 providers and 10 million patients with seamless access to high-quality supplements, industry-leading labs, and smart adherence tools. Article content Article content Article content Article content Article content Contacts Article content Fullscript Jen Newman Article content Article content Article content
