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Working at AssistIQ
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About
AssistIQ was founded in Montreal in 2022 to fix a gap hospitals live with: what actually gets used in an operating room is captured by hand, badly, so supplies go unbilled, stock counts drift and clinical staff spend time on inventory instead of patients. Its product, AIQ Capture, uses computer vision to log each item as it is used, which lets a hospital recover missed charges and see real consumption. The company raised $2.5 million CAD in seed funding, then an $11.5 million Series A led by Battery Ventures with return investor Tamarind Hill in May 2025, bringing the total to about $16 million, and has been adopted across academic and community hospitals. Co-founder and CEO Lisa Israelovitch talked through the scaling — including the failures and pivots — with Marie Chevrier Schwartz at TechTO's Together With Women session in Montreal in 2025.
Backers
Battery Ventures led the $11.5 million Series A in May 2025, with return investor Tamarind Hill participating; Battery's Brandon Gleklen joined the board. Total raised is reported at about $16 million.
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Quick answers
What does AssistIQ do?
It uses computer vision to capture every supply and implant used in operating and procedural rooms, so hospitals can recover missed charges, keep accurate stock counts and take inventory work off clinical staff.
Who runs AssistIQ?
Lisa Israelovitch, co-founder and CEO. The company was founded in Montreal in 2022.
How much has AssistIQ raised?
About $16 million, including a $2.5 million CAD seed round and an $11.5 million Series A led by Battery Ventures in May 2025.