PhenoTips, a Toronto, Canada-based genetics software startup, raised CAD $2.5m in seed funding.
The round was led by the GreenSky Accelerator Fund IV with participation from the Toronto Innovation Acceleration Partners, Thin Air Labs, Yorkville Partners, and angel investors including members of the GreenSky President’s Club.
The company intends to use the funds to double the size of its twelve-person team and expand its cloud-based product offerings.
Led by CEO Dr. Orion Buske and COO and VP of Scientific & Medical Affairs Dr. Pawel Buckowicz, PhenoTips empowers healthcare providers to deliver precision medicine with an interoperable software solution for medical genetics. The company’s technology is used by genetic care providers in four countries, across four NHS Trusts and two provincial Canadian health systems, currently serving over 200,000 patients with tools that enable deep phenotyping, family history, and genomic analysis.