Who founded PurposeMed?

PurposeMed was founded by Husein Moloo, Pete MacLeod, Amaan Banwait.

Who are PurposeMed's investors?

PurposeMed's investors include Azure Capital Partners, Panache Ventures, True North Fund, UCeed Funds, UCeed.

PurposeMed

5 known investors

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PurposeMed is a physician-led telehealth company that builds branded services connecting patients with specialist clinicians for remote care, including PrEP, adult ADHD diagnosis and treatment, and gender-affirming care and hormone therapy. It serves underserved communities in Canada and the USA, integrating with the public healthcare system and offering affiliated pharmacy delivery.

Digital Health Healthtech Wellness & Fitness

Founders & leadership

Husein Moloo Co-founder & CEOHusein Moloo is a physician who trained at the University of Calgary (MD) and Brown University (Master's in Public Health) and previously practiced as a hospitalist in Calgary. He co-founded and leads PurposeMed, a physician-led telehealth platform offering remote specialist care including PrEP, adult ADHD, and gender-affirming services across Canada and the USA.

Pete MacLeodCo-founder & COO

Amaan Banwait Co-founder & CCOAmaan Banwait is Co-founder and Chief Commercial Officer of PurposeMed, a telehealth platform providing specialist care in areas including reproductive health, mental health, and gender-affirming services. Previously, he co-founded and served as Chief Operating Officer of Ilara Health, an AI-powered diagnostics distributor for primary care settings in Africa, and has held roles in technology, private equity, and strategy consulting across Europe, North America, and Africa.

Caley ShukalekChief Medical Officer

Investors · 5

Azure Capital Partnerslisted by Azure Capital PartnersSan Francisco · $250K – $10M

How we know: Azure Capital Partners's portfolio page · Not right? Tell us

Panache Ventureslisted by Panache VenturesMontreal · $1.5M

How we know: Panache Ventures's portfolio page · funding news · the VCSheet dataset · Not right? Tell us

True North Fundlisted by True North FundWaterloo

How we know: True North Fund's portfolio page · funding news · press coverage · Not right? Tell us

UCeed Fundslisted by UCeed FundsCalgary · $25K – $300K

How we know: UCeed Funds's portfolio page · Not right? Tell us

UCeedreportedCalgary

How we know: funding news · Not right? Tell us

Related companies · 4

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TruemedTruemed is a platform that enables consumers to use pre-tax HSA and FSA funds to purchase health and wellness products by providing clinical review and IRS-compliant Letters of Medical Necessity. The company connects users to thousands of wellness products across fitness, supplements, sleep, and recovery categories that qualify as medically necessary healthcare expenses.

ShiftMedShiftMed operates an on-demand healthcare staffing platform that connects hospitals, health systems, and long-term care facilities with credentialed nurses (CNAs, LPNs, RNs) to fill shifts and manage their workforce. It integrates via API with workforce management systems and offers worker benefits such as transportation, insurance, and education.

Remedy MedsRemedy Meds offers personalized medical weight loss treatment using compounded GLP-1 medications (semaglutide and tirzepatide) paired with clinician-led care and support delivered directly to patients. The service targets individuals seeking prescription-based weight loss solutions with ongoing medical supervision and community support.

Companies working in the same space as PurposeMed.

In the news

Harvest Builders, Headversity, among 15 recipients of $25.5 million PrairiesCan investment for Calgary businessesbetakit.com · Jan 2023

Frequently asked questions

What does PurposeMed do?: PurposeMed is a physician-led telehealth company that builds branded services connecting patients with specialist clinicians for remote care, including PrEP, adult ADHD diagnosis and treatment, and gender-affirming care and hormone therapy. It serves underserved communities in Canada and the USA, integrating with the public healthcare system and offering affiliated pharmacy delivery.
Who founded PurposeMed?: PurposeMed was founded by Husein Moloo, Pete MacLeod, Amaan Banwait.
Who are PurposeMed's investors?: PurposeMed's investors include Azure Capital Partners, Panache Ventures, True North Fund, UCeed Funds, UCeed.