Digital healthcare platform Think Research nabs $25 mln in VC

Toronto-based digital healthcare software provider Think Research has raised more than $25 million in its latest financing. The round was backed by new and existing investors. They include Fidelity Investments Canada ULC, Kayne Partners, Canaccord Genuity Group Inc and National Bank of Canada. Founded in 2006 by President Chris O’Connor, Think Research taps clinical evidence and healthcare algorithms to create software that supports clinical decision-making in about 1,200 facilities in North America and Europe. Led by CEO Sachin Aggarwal, Think Research will use the round's proceeds for enhancing its product line, advancing machine-learning capabilities and expanding into new markets.

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