RBC Backs CareGuide With Capital and Financial Services

As part of our corporate growth plan, CareGuide has engaged RBC, the largest bank in Canada, to provide $1M in capital as well as other financial services. Jonathan Gabay and his colleagues in RBC’s Knowledge Based Industries (KBI) group lead the investment and quarterback the delivery of many other financial services to meet our growing banking needs.

It is unheard of for a young startup to have such full-throated support from a major Canadian bank. However, this unlikely corporate development is consistent with CareGuide’s convention-busting trajectory. Over the last 12 months, over 60 angels and venture capital funds have invested in CareGuide—no tech startup in Canadian history has ever had more early-stage support.