What is Reacts?
Reacts, developed by Quebec-based Innovative Imaging Technologies Inc. (IIT), offers a unique suite of interactive tools designed to meet the diverse collaborative needs of the healthcare sector. Leveraging augmented reality, the platform facilitates remote virtual guidance, supervision, and training. Its applications span across 28 countries and various disciplines, including secure messaging, remote wound care, tele-ultrasound, teleconsultations, and interactive tele-surgical assistance. The company's President, Dr. Yanick Beaulieu, leads a specialized team in multimedia and software development, driving innovation in clinical and educational settings.
How much funding has Reacts raised?
Reacts has raised a total of $4M across 1 funding round:
Unspecified
$4M
Unspecified (2016): $4M with participation from Fonds de solidaritu00e9 FTQ, Claridge Inc, and Hacking Health Accelerator
Key Investors in Reacts
Fonds de solidarité FTQ
Fonds de Solidarité FTQ is a Canadian private equity and venture capital firm that specializes in investments in start-ups and early ventures, as well as mergers and business acquisitions. Their investment in Reacts indicates a focus on innovative technology companies.
Claridge Inc
Claridge Inc is a private investment firm based in Montreal, Quebec, representing the Stephen Bronfman family. They manage a diverse portfolio with a focus on mid-market companies in Canada and the United States, known for their entrepreneurial approach and strategic support.
Hacking Health Accelerator
Hacking Health Accelerator focuses on developing, deploying, and investing in healthcare technologies to drive startup creation and transform healthcare globally. Their involvement suggests a commitment to advancing health tech innovation.
What's next for Reacts?
With a major strategic investment bolstering its financial standing, Reacts is poised for significant expansion. The company's focus on advanced technologies like augmented reality for remote healthcare solutions positions it for continued growth in a rapidly evolving market. Future developments are likely to center on enhancing its collaborative tools, broadening its international reach, and forging new partnerships with major hospitals and healthcare organizations. This strategic backing will enable Reacts to further solidify its role as a leader in tele-health and remote medical training.
See full Reacts company page