WELLSTAR Completes Series B Raise Ahead of Potential IPO

The company is targeting a public listing in 2026 and will invest in acquisitions and AI innovation in preparation for it.

Written by Ashley Bowden
Published on Dec. 08, 2025
Digital health technology depiction
Photo: Shutterstock
REVIEWED BY
Rose Velazquez | Dec 08, 2025

Healthtech platform WELLSTAR Technologies closed its $62 million CAD Series B funding round, originally announced back in October. The Vancouver-based company provides digital solutions aimed at helping physicians and health systems improve patient care.

WELLSTAR’s comprehensive SaaS platform equips providers with billing and practice management systems, electronic medical records platforms, digital health applications and network solutions. The company serves more than 40 percent of providers across Canada through its products and services.

The Series B follows a year after the company’s $50.4 million CAD Series A round, and it precedes WELLSTAR’s planned public listing in 2026. The company will invest the capital in future acquisitions, AI product innovation, organic growth and general corporate purposes.

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