Digital medical billing platform ResolvMD inks C$2m in funding

• Founded in 2019, ResolvMD is simplifying and streamlining the medical billing process for physicians
• The company will use the funds raised to invest in product development and execute on a series of growth opportunities across Alberta
• PaceZero Capital Partners is a Canadian sustainability-focused private debt firm

PaceZero Capital Partners has provided C$2 million in growth financing to ResolvMD, a Calgary-based digital medical billing platform that automates and optimizes administrative processes for physicians.

Founded in 2019, ResolvMD is simplifying and streamlining the medical billing process for physicians, providing full-service billing management, claim submission software and a cloud-based insights platform. It is led by CEO Patrick Onyekweli.

ResolvMD will use the funds raised to invest in product development and execute on a series of growth opportunities across Alberta.

“There remains a reliance on paper and pencil processes in the medical billing industry across Canada,” said Jordan Peckham, CEO of PaceZero, in a statement. “ResolvMD allows physicians to spend more time with patients and less time on administration. We are very excited to be partnering with Patrick and the team.”

PaceZero Capital Partners is a sustainability-focused private debt firm with headquarters in Toronto. The firm provides flexible capital that falls between traditional growth equity and commercial debt.