Pelorus Venture Capital

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Sparrow BioAcoustics ,developers of a smartphone stethoscope designed to gather and collaborate on medical-grade cardiac and pulmonary data.

CoLab Software Inc. is a Canadian company based in St. John's that specializes in developing Gradient, a cloud-based platform designed for issue tracking and management aimed at mechanical design teams. Founded in 2017, the platform facilitates the viewing of 3D files, gathering feedback from stakeholders, and tracking project issues within a shared cloud environment. By providing real-time collaboration tools, CoLab's solution helps manufacturing teams enhance productivity, reduce communication-related project delays, and ultimately shorten development cycles while minimizing manufacturing defects.

Spellbook is a legal software startup that specializes in developing a generative artificial intelligence tool for contract drafting aimed at legal professionals. Its technology harnesses advanced language models to enhance contracting performance, utilizing extensive legal datasets. The platform automates document creation and streamlines routine legal tasks, allowing law firms to draft and review contracts more efficiently. Additionally, Spellbook supports online collaboration, enabling law firms to maintain clients' minute books in a shared workspace, thereby improving client intake processes and overall service delivery.

Swiftsure Innovations provides registered nurses with the tools required to improve patient outcomes. It develops a medical device that enhances oral care for patients on life support with the aim of decreasing the incidence of ventilator-acquired pneumonia, length of mechanical ventilation, and length of hospital stay. Creative Destruction Labs supports the company.

SiftMed is a developer of an artificial intelligence platform that focuses on transforming the processing of medical files. The platform enhances the review and analysis of unstructured medical data through features such as optical character recognition (OCR), smart tagging technology, and effective data management. It also identifies and eliminates duplicate file entries while providing tools for report writing and templates. By improving accessibility to critical medical information, SiftMed aims to reduce costs associated with time and complexity in accessing this data.

Cyno is a comprehensive employee well-being platform that focuses on enhancing both mental and physical health. It allows employees to customize their wellness journey while providing direct access to health specialists. The platform features a telephysio service that facilitates secure virtual communication between physiotherapists and clients, offering tailored strategies for individual and group sessions. This enables users to conveniently explore, book, and receive virtual healthcare services from their devices. Cyno addresses various aspects of employee well-being that traditional corporate perks do not cover, emphasizing a holistic approach to health and happiness in the workplace.

Swiftsure Innovations provides registered nurses with the tools required to improve patient outcomes. It develops a medical device that enhances oral care for patients on life support with the aim of decreasing the incidence of ventilator-acquired pneumonia, length of mechanical ventilation, and length of hospital stay. Creative Destruction Labs supports the company.

Metricsflow is a data analytics platform designed for enterprise marketing teams, focusing on cookieless tracking to ensure data privacy. The platform provides tools to measure the effectiveness of content marketing, fix data integrity issues, determine attribution, and visualize the customer journey at the individual user level. By prioritizing privacy, Metricsflow ensures that data collected from websites using its tracker is not shared with ad networks or third parties, allowing clients to make informed business decisions without compromising user privacy.

BreatheSuite Inc., based in Saint John's, Canada, specializes in developing an innovative inhaler attachment and accompanying software designed for patients with asthma and chronic obstructive pulmonary disease (COPD). This device connects to smartphones via Bluetooth, enabling users to receive real-time feedback on their inhaler technique and medication dosage. By eliminating the need for separate training devices, BreatheSuite helps patients use their inhalers correctly, ensuring they adhere to their treatment plans effectively. The data collected can be shared with healthcare professionals, enhancing patient care and promoting better management of respiratory conditions.

Sparrow BioAcoustics ,developers of a smartphone stethoscope designed to gather and collaborate on medical-grade cardiac and pulmonary data.

Mysa is a developer of advanced smart thermostats designed to optimize home heating and reduce energy expenses. Its high-voltage thermostat features smart learning capabilities that can lead to approximately 15% savings on energy bills. The device allows users to remotely control their home's heating through a smartphone from anywhere in the world. Mysa's thermostats are Wi-Fi enabled and can track and display current room temperatures, detect when appliances are mistakenly left on in vacant homes, and generate detailed energy reports that provide insights into daily usage and potential utility costs. Additionally, Mysa's products integrate seamlessly with popular smart home platforms such as Amazon Alexa, Google Home, and Apple HomeKit, enhancing convenience for homeowners seeking efficient energy consumption.

Seaformatics Systems designs and manufactures power harvesting and wireless communication products for the ocean monitoring industry.

Spellbook is a legal software startup that specializes in developing a generative artificial intelligence tool for contract drafting aimed at legal professionals. Its technology harnesses advanced language models to enhance contracting performance, utilizing extensive legal datasets. The platform automates document creation and streamlines routine legal tasks, allowing law firms to draft and review contracts more efficiently. Additionally, Spellbook supports online collaboration, enabling law firms to maintain clients' minute books in a shared workspace, thereby improving client intake processes and overall service delivery.

Rally is a web app where users can manage their contracts and company’s legal documents in a frictionless manner and entirely on the cloud. Rally gives its users an extensive library of contract and corporate templates and provides an innovative customization process that makes generating documents easier than ever. On Rally you create, customize, and collaborate with your team on documents, as well as negotiate your deals with counterparties before e-signing them and storing them in an active repository that tracks important actions and obligations from both parties.

BreatheSuite Inc., based in Saint John's, Canada, specializes in developing an innovative inhaler attachment and accompanying software designed for patients with asthma and chronic obstructive pulmonary disease (COPD). This device connects to smartphones via Bluetooth, enabling users to receive real-time feedback on their inhaler technique and medication dosage. By eliminating the need for separate training devices, BreatheSuite helps patients use their inhalers correctly, ensuring they adhere to their treatment plans effectively. The data collected can be shared with healthcare professionals, enhancing patient care and promoting better management of respiratory conditions.

CoLab Software Inc. is a Canadian company based in St. John's that specializes in developing Gradient, a cloud-based platform designed for issue tracking and management aimed at mechanical design teams. Founded in 2017, the platform facilitates the viewing of 3D files, gathering feedback from stakeholders, and tracking project issues within a shared cloud environment. By providing real-time collaboration tools, CoLab's solution helps manufacturing teams enhance productivity, reduce communication-related project delays, and ultimately shorten development cycles while minimizing manufacturing defects.

Mysa is a developer of advanced smart thermostats designed to optimize home heating and reduce energy expenses. Its high-voltage thermostat features smart learning capabilities that can lead to approximately 15% savings on energy bills. The device allows users to remotely control their home's heating through a smartphone from anywhere in the world. Mysa's thermostats are Wi-Fi enabled and can track and display current room temperatures, detect when appliances are mistakenly left on in vacant homes, and generate detailed energy reports that provide insights into daily usage and potential utility costs. Additionally, Mysa's products integrate seamlessly with popular smart home platforms such as Amazon Alexa, Google Home, and Apple HomeKit, enhancing convenience for homeowners seeking efficient energy consumption.

CoLab Software Inc. is a Canadian company based in St. John's that specializes in developing Gradient, a cloud-based platform designed for issue tracking and management aimed at mechanical design teams. Founded in 2017, the platform facilitates the viewing of 3D files, gathering feedback from stakeholders, and tracking project issues within a shared cloud environment. By providing real-time collaboration tools, CoLab's solution helps manufacturing teams enhance productivity, reduce communication-related project delays, and ultimately shorten development cycles while minimizing manufacturing defects.

HeyOrca Inc. is a company that develops cloud-based social media planning and approval software aimed at enhancing the workflow of marketing agencies and their clients. The software includes features such as a Social Media Calendar for managing content creation, editing, approval, and scheduling, and supports direct publishing to major platforms like Facebook, Twitter, and LinkedIn. It allows for real-time collaboration and communication among team members and external parties. Users can capture media using smartphones, preview live posts, and schedule GIFs and videos with full functionality. The software also includes a Social Media Audit Trail to track content changes and approvals, providing transparency throughout the lifecycle of a social media post. Based in Saint John's, Canada, HeyOrca serves over 300 companies globally, streamlining the production workflow from ideation to distribution.

HeyOrca Inc. is a company that develops cloud-based social media planning and approval software aimed at enhancing the workflow of marketing agencies and their clients. The software includes features such as a Social Media Calendar for managing content creation, editing, approval, and scheduling, and supports direct publishing to major platforms like Facebook, Twitter, and LinkedIn. It allows for real-time collaboration and communication among team members and external parties. Users can capture media using smartphones, preview live posts, and schedule GIFs and videos with full functionality. The software also includes a Social Media Audit Trail to track content changes and approvals, providing transparency throughout the lifecycle of a social media post. Based in Saint John's, Canada, HeyOrca serves over 300 companies globally, streamlining the production workflow from ideation to distribution.

Clockwork Fox Studios is a digital gaming and educational technology studio based in St. John's, Canada, established in 2009. The company specializes in creating and developing interactive games and learning resources aimed at enhancing educational outcomes, particularly in early math education. Clockwork Fox focuses on game-based learning systems that leverage innovative technologies, including meditative puzzle games and augmented reality experiences. Through its commitment to improving classroom experiences, the studio seeks to transform traditional learning methods and engage students in a more interactive and effective manner.

Sequence Bio is a biotechnology company focused on enhancing drug discovery and development by leveraging the genetic diversity found in isolated populations, particularly in Newfoundland. The company aims to improve the treatment of complex and inherited diseases through its genome therapy platform, which involves collecting DNA and health information from these unique populations. By understanding the genetic factors that contribute to disease, Sequence Bio seeks to identify better drug targets and create more effective medicines, ultimately addressing the high failure rate of drug candidates and expediting the delivery of much-needed therapies to patients.