About Maple
Maple is a company based in Toronto (Canada) founded in 2015 by Stuart Starr, Roxana Zaman, and Brett Belchetz.. Maple has raised $71.87 million across 3 funding rounds from investors including Shoppers Drug Mart Corporation, RBC Royal Bank and Saint Elizabeth Health Care. Maple has completed 1 acquisition, including Wello. Maple offers products and services including Maple App, Membership Service, and Online Consultations. Maple operates in a competitive market with competitors including Teladoc Health, Medihere, ORO Health, Ask The Doctor and Akira, among others.
- Headquarter Toronto, Canada
- Founders Stuart Starr, Roxana Zaman, Brett Belchetz
- Stage Minicorn
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Sectors
HealthcareBusiness Services
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Email
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Phone
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Website
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Social
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- Legal Name Maple Corporation
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$71.87 M (USD)
in 3 rounds
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Latest Funding Round
$56.93 M (USD), Series B
Sep 15, 2020
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Investors
Shoppers Drug Mart Corporation
& 5 more
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Employee Count
Employee Count
- Investments & Acquisitions
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Products & Services of Maple
Maple offers a comprehensive portfolio of products and services, including Maple App, Membership Service, and Online Consultations. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
App for 24/7 virtual doctor consultations and prescriptions
Provides access to online care and proactive screenings
Platform for quick medical advice and prescriptions from doctors
Unlock access to complete
Funding Insights of Maple
Maple has successfully raised a total of $71.87M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $56.93 million completed in September 2020. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Series B — $56.9M
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First Round
First Round
(09 Mar 2018)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2020 | Amount | Series B - Maple | Valuation | Shoppers Drug Mart Corporation |
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| Sep, 2019 | Amount | Series A - Maple | Valuation | Acton Capital | |
| Mar, 2018 | Amount | Series A - Maple | Valuation | MaRS Investment Accelerator Fund |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Maple
Maple has secured backing from 6 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Shoppers Drug Mart Corporation, RBC Royal Bank and Saint Elizabeth Health Care. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Tech-enabled companies are invested in by Acton Capital venture firm.
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Founded Year | Domain | Location | |
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Early-stage technology startups are supported through investments by MaRS IAF.
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Founded Year | Domain | Location | |
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A chain of pharmacy retail stores is operated across Canada.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Maple
Maple has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Wello. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Online platform offering wellness programs for individuals and employees
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2017 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Maple
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Maple Comparisons
Competitors of Maple
Maple operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Teladoc Health, Medihere, ORO Health, Ask The Doctor and Akira, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
SaaS-based robotic telehealth tools are provided for healthcare providers.
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| domain | founded_year | HQ Location |
Provider of an app for virtual primary care and tele-medicine
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| domain | founded_year | HQ Location |
AI-based telehealth platform is provided for healthcare professionals and patients.
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| domain | founded_year | HQ Location |
Q & A Platform for patients
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| domain | founded_year | HQ Location |
Provider of on-demand virtual care services for employees
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Maple
Frequently Asked Questions about Maple
When was Maple founded?
Maple was founded in 2015 and raised its 1st funding round 3 years after it was founded.
Where is Maple located?
Maple is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.
Who is the current CEO of Maple?
Brett Belchetz is the current CEO of Maple. They have also founded this company.
Is Maple a funded company?
Maple is a funded company, having raised a total of $71.87M across 3 funding rounds to date. The company's 1st funding round was a Series A of $4M, raised on Mar 09, 2018.
What does Maple do?
Maple was founded in 2015 in Toronto, Canada, as an online platform in the telemedicine sector. Remote consultations with doctors are facilitated through video conferencing for users addressing general illnesses. Services cover conditions including flu, eye and ear infections, urinary tract infections, allergic reactions, skin issues and rashes, vomiting and diarrhea, and minor injuries. Operations focus on accessible healthcare delivery across Canada.
Who are the top competitors of Maple?
Maple's top competitors include Teladoc Health, Akira and ORO Health.
What products or services does Maple offer?
Maple offers Maple App, Membership Service, and Online Consultations.
How many acquisitions has Maple made?
Maple has made 1 acquisition, including Wello.
Who are Maple's investors?
Maple has 6 investors. Key investors include Shoppers Drug Mart Corporation, RBC Royal Bank, Saint Elizabeth Health Care, Acton Capital, and MaRS IAF.
What is Maple's valuation?
The valuation of Maple is $75M as of Sep 2020.
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