About Therma Bright
Therma Bright is a publicly listed company based in Toronto (Canada) founded in 2001. Provider of medical device management services. Therma Bright offers products and services including Venowave, Digital Cough Test, PREVA Clot Retriever, and Inhaled Statin Therapy. Its focus areas include Services for Healthcare Providers, BPO, Medical Equipment Management and Diversified Medical Devices. Its legal entity is Therma Bright Inc.
Company details
Therma Bright provider of medical device management services through providing healthcare solutions, services for healthcare providers, bpo, and medical equipment management. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field. It continues to evolve, meeting industry challenges with strategic approaches.
- Headquarters Toronto, Canada
- Stage Public
- SectorsHealthcare
- Email••••••••
- Website thermabright.com
- Social LinkedIn X Facebook Instagram
- Legal Name Therma Bright Inc.
- Annual Revenue$58.01 K (USD)207.9as on Jul 31, 2025
- Net Profit-$3.14 M (USD)-77.17as on Jul 31, 2025
- EBITDA-$1.21 M (USD)-47.64as on Jul 31, 2025
- Latest Funding Round$78.36K (USD), Post-IPO
Feb 2025
Products & Services of Therma Bright
Therma Bright offers a comprehensive portfolio of products and services, including Venowave, Digital Cough Test, PREVA Clot Retriever, and Inhaled Statin Therapy.
Device that boosts circulation to prevent blood clots
App for detecting respiratory diseases via cough analysis
Tool for removing clots in stroke treatment procedures
Inhaled treatment for COVID-19 and respiratory issues
Funding Insights of Therma Bright
- Total Rounds 5
- Last Round Post-IPO — $78,359
- First Round $579,000
(Apr 2018)
All 5 funding rounds of Therma Bright with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb 2025 | $78,359 | Post-IPO | – | – | – |
| Dec 2024 | $208,860 | Post-IPO | – | – | – |
| Jun 2024 | $104,977 | Post-IPO | – | – | – |
| Feb 2022 | $4.72M | Post-IPO | – | – | – |
| Apr 2018 | $579,000 | Post-IPO | – | – | – |
IPO & Listings of Therma Bright
Therma Bright is a publicly listed company on the TSXV with ticker symbol THRM in Canada, operating in the Health technology sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date11 Jul 2001
- Listed onCVE: THRM
- Listed entityTherma Bright Inc.
- Exchange sectorHealth technology
- ISINCA8834262070
- Share price0.04 CAD (-12.5% on the day) · 2026-10-13
- Market capitalisation2,143,632.00 CAD
- EPS (diluted, trailing year)-0.07 CAD
- Volume (last session)93,826
Financials of Therma Bright
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | 80,270 CAD | -4.3M CAD | -1.7M CAD |
| 2024 | 26,070 CAD | -2.5M CAD | -1.1M CAD |
| 2023 | 23,900 CAD | -3.8M CAD | -3.6M CAD |
| 2022 | 139,430 CAD | -5.9M CAD | -5.7M CAD |
| 2021 | 3,880 CAD | -8.6M CAD | -8.5M CAD |
Detailed financial statements for Therma Bright
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Timeline of Therma Bright
4 dated milestones of Therma Bright across 24 years, from founding to its latest funding, stage changes and deals.
- Founded Therma Bright is founded.
- IPO Lists on the stock exchange (IPO).
- Funding First funding round of $579K.
- Funding Latest funding round, Post-IPO, of $78K.
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Frequently Asked Questions about Therma Bright
Therma Bright was founded in 2001 and raised its 1st funding round 17 years after it was founded.
Therma Bright is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.
Annual revenue of Therma Bright is $58.01K as on Jul 31, 2025.
Therma Bright provider of medical device management services through providing healthcare solutions, services for healthcare providers, bpo, and medical equipment management. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field. It continues to evolve, meeting industry challenges with strategic approaches.
Therma Bright offers Venowave, Digital Cough Test, PREVA Clot Retriever, and Inhaled Statin Therapy.
Yes, Therma Bright is publicly traded on TSXV under the ticker symbol THRM.
Therma Bright operates through Therma Bright Inc.