WELLSTAR Raises $62M CAD to Improve Patient Care

The company’s SaaS platform serves practitioners in more than 220 healthcare clinics across Canada.

Written by Ashley Bowden
Published on Oct. 31, 2025
A medical professional uses a tablet.
Photo: Shutterstock
REVIEWED BY
Rose Velazquez | Oct 31, 2025

WELLSTAR Technologies, a company helping healthcare providers adopt interoperable technologies, announced $62 million CAD in new funding. The round came from a group of investors that includes Mawer Investment Management, Edgepoint Wealth Management and PICTON Investments.

The company will invest its new capital in fueling its continued growth. WELLSTAR serves over 40,000 providers across Canada through its expertise in healthcare technology, clinic operations and digital transformation, working to help them optimize their clinical workflows, improve patient engagement and streamline administrative tasks.

The funding is expected to close in December 2025 and will help the company scale its AI-enabled solutions, further build its product portfolio and pursue strategic acquisitions. WELLSTAR is also gearing up for a public listing in 2026.

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