The Tallinn-based accelerator and fund Startup Wise Guys has joined the investment for Canadian healthcare HR startup Aboard. The round was led by US-based East Post Road Ventures and will accelerate Aboard’s expansion into the US warket.
- Aboard is a Toronto-based B2B SaaS platform for healthcare institutions that helps them implement HR programs. Specifically, the service automates manual workflows such as onboarding, offboarding, credential expirations, employment anniversaries, and more.
- It also automates tasks (e.g., calendar bookings, emails, notifications) and the work of employees. The company was founded in 2020 by Lee MacDonald.
- The round was led by US-based East Post Road Ventures, with participation from Estonian Startup Wise Guys, an accelerator that invests in early-stage startups from the Baltic, Central European, and African regions. It has invested in over 350 startups and had 13 exits.
- Startup Wise Guys typically invests up to €500,000 per startup through multiple funds that manage €45 million and are backed by more than 150 investors. The CEO of Startup Wise Guys is Cristobal Alonso. Recently, the fund announced its investments of €100,000 in 15 startups.
This funding will empower us to accelerate the development of our HR solutions tailored for healthcare, ultimately driving efficiency, reducing administrative burdens, and enhancing employee satisfaction within healthcare organizations,
said Lee MacDonald, CEO of Aboard.
This investment will drive Aboard’s expansion into the US healthcare sector. Its amount was undisclosed.