Chronometriq Secures $3.5 Million for North American Expansion

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Montreal’s Chronometriq raised more than $3.5 million in Series A round to help the appointment booking platform expand its services to health clinics across Canada and the United States.

Chronometriq allows users to not only register for walk-in clinics, but see up-to-date wait times. It’s used by more than 1.5 million patients in 513 health centres.

“This capital will allow us to expand our product offerings so that our customers and partners can help reduce operating costs and deliver better care for their patients,” said CEO Yan Raymond-Lalande in a press release

The healthcare platform’s financing is from Bridgescale Partners, a Silicon Valley growth equity firm, and was led by Managing Director Rob Chaplinsky.

“Chronometriq is demonstrating once again how both online and mobile software technology can enable consumers and patients to manage their healthcare experience and in turn help clinics reduce operating costs so that they can provide better services to their patients,” said Chaplinsky in a statement.

Chronometriq reported that while 90% of Canadians have expressed the desire to book their appointments online, only 4% of clinics currently offer that kind of service.

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