Type of Facility: SR&ED, CDAE and Recurring Revenue
Days to Fund: 5
Use of Funds: As the revenue is rapidly growing, the company purposefully is in a loss position so they can invest in more features for their platform to attract additional clients. The non-dilutive financing allows the company to accelerate their product development while retaining the equity.
Company Background: This company has has created a set of tools to automate web marketing -including a landing page builder, website pop-ups, etc.