Funding Details

Location: Ontario
Amount Financed: >$250k
Type of Facility: Bridge to Equity
Days to Fund: 8

Use of Funds: This significant equity raise was taking longer than expected as there were foreign investors.  The company needed the additional runway to continue operations until the cash was in the bank.

Company financed with SR&ED loan

Company Background: This company has created a web-based product that provides online training for learners to upgrade their skills.