Last deal

$6M
Local Amount - CAD 8M

Amount

Post-IPO Debt

Stage

15.06.2023

Date

2

all rounds

$6.15M

Total amount

date founded

Financing round

General

About Company
Jack Nathan Health offers accessible healthcare services in Walmart stores across Canada.

Industry

Sector :

Subsector :

Keywords :

Also Known As

Jack Nathan Medical Inc.

founded date

01.01.2006

Number of employees

Company Type

For Profit

Last funding type

Post-IPO Debt

IPO status

Private

Description

Founded in 2006, the company generates revenue from license fees charged for the use of its brand name and licensed premises, with geographical segments in Canada, Mexico, and China. Jack Nathan Health offers in-clinic visits, instant referrals, and telemedicine options, with on-site pharmacy, groceries, and ample parking for convenience. It is publicly listed on the Toronto Venture Stock Exchange and OTCQB under the symbols "JNH" and "JNHMF".
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total rounds

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total raised

$6.27M

Financials

Funding Rounds
2
2

Number of Funding Rounds

$6.15M

Money Raised

Their latest funding was raised on 15.06.2023. Their latest investor Walmart Canada. Their latest round Post-IPO Debt

Date 
Funding Round 
Investors 
Money Raised 
Lead 
15.06.2023
1
$6M
Local Amount - CAD 8M
10.08.2020
$145.37K
Walmart Canada

Walmart Canada

Walmart Canada operates a chain of over 400 stores nationwide.

Sector

Personal Care, Drug and Grocery Stores

Subsector

Food Retailers and Wholesalers

Location

Mississauga, ON, Canada

count Of Investments

1
Co-Investors
Investors
1
1

Number of lead investors

1

Number of investors

Investor 
Lead 
Round 
Partners 
Walmart Canada

Walmart Canada

Walmart Canada operates a chain of over 400 stores nationwide.

Sector

Personal Care, Drug and Grocery Stores

Subsector

Food Retailers and Wholesalers

Location

Mississauga, ON, Canada

count Of Investments

1

Sam B. Hamam

Sam B. Hamam

Acquisitions
1
Acquiree Name 
Date 
Price 
Acquisition Name 
Writi acquired by Jack Nathan Health

Writi acquired by Jack Nathan Health

acquirer

Jack Nathan Health
Jack Nathan Health

date

11.01.2021

type

Acquisition
Writi

Writi

Writi creates a digital space of collaboration between healthcare team members.

Sector

Health Care Providers

Subsector

Health Care Services

Keywords

Health Care, Software

Location

Burlington, ON, Canada

total rounds

1

total raised

$300.42K

People

Founders
2
Mike Marchelletta
Mike Marchelletta

Mike Marchelletta

Mike Marchelletta currently works as President and Co-founder of Jack Nathan Medical Inc. He previously worked at Bell Business Markets as SMB & Enterprise Markets.

current job

Jack Nathan Health
Jack Nathan Health

organization founded

1

Mike Marchelletta

George Barakat
George Barakat

George Barakat

George Barakat currently works as CEO and Co-Founder at Jack Nathan Health Inc. He previously worked at Laila's Inc. as President and CEO.

current job

Jack Nathan Health
Jack Nathan Health

organization founded

1

George Barakat

Employee Profiles
4
David Berman

David Berman

Chief Financial Officer

Vanessa Butler

Office administrator

George Barakat

George Barakat

CEO and Co-Founder

Mike Marchelletta

Mike Marchelletta

President and Co-founder

Activity

Recent News
3
News Timeline

The graph reveals the ratio (%) of positive news articles in a chosen time range

month