Quebec-Software-development-company-201812
Project Description:
Amount Funded: $250,000
Amount Funded: $250K - $500K
Industry: Software Development
Province: Quebec
Type of Facility: SR&ED, CDAE and Recurring Revenue financing
Days to Fund: 5
Use of Funds: As this company's revenue rapidly grew, the company purposefully was in a loss position so they could invest in more features for their platform to attract additional clients. The non-dilutive financing allowed the company's founders to accelerate their product development while retaining their equity.
Company Background: This company creates tools that automate web marketing - including a landing page builder, website pop-ups, etc.
