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Aifred Health raises C$490k to support treatment of depression

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Montréal-based digital health company Aifred Health has secured more than C$490,000 in financing. The round was backed by Anges Québec, other angel investors based in Ontario and the United Kingdom, and Consortium MEDTEQ. Founded in 2017, Aifred specializes in clinical decision support for the treatment of depression and other mental conditions. It is developing an artificial intelligence-enabled tool to help physicians visualize a patient’s data and support the decision process. The financing’s proceeds will be used to validate Aifred’s business model and launch its first application in partnership with local hospitals.

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