Project Description Type of Facility: Accrued SR&ED and Accounts Receivable Financing Days to Fund: 4 Use of Funds: The company had experienced significant headcount growth, was investing heavily in developers to move more tools to a SaaS platform and wanted to extend its runway to an equity raise. By providing a bridge loan, the company was able … Read more
Project Description Type of Facility: SR&ED Days to Fund: 12 Use of Funds: The company has big plans. After experiencing massive growth while remaining break-even, the company decided to invest additional funds in expansion efforts in advance of a capital raise. Company Background: This company uses AI to hire, train, retain, and motivate distributed team employees. A … Read more
Project Description Type of Facility: SR&ED Financing Days to Fund: 11 Use of Funds: As more prospects wanted to test the solution, funding was needed to roll out the hardware and software. Using SR&ED financing, the company was able to meet the needs of its clients. Company Background: This company developed a state-of-the-art technology to test animals at … Read more
Project Description Type of Facility: SR&ED Financing Days to Fund: 10 Use of Funds: This company is aggressively ramping up sales and marketing efforts as they have found product-market fit and now is the time to invest in the company growth. The SR&ED financing allowed them to hire more staff to generate revenue sooner. Company Background: This company operates … Read more
Project Description Type of Facility: SR&ED Financing Days to Fund: 8 Use of Funds: The company has been well funded and wants to grow its revenue without dilution. The SR&ED financing alls them to invest in R&D to win the race to develop their groundbreaking technology. Company Background: This company has developed an analytics platform for a human … Read more
Project Description Type of Facility: SR&ED Financing Days to Fund: 8 Use of Funds: The company had early success with its platform and continues to invest in R&D to build out the solution. These funds will allow the company to hire more software developers. Company Background: This company creates uses AI and computer vision to detect most skin … Read more
Project Description Type of Facility: SR&ED Financing Days to Fund: 7 Use of Funds: The company incurs a significant capital cost when rolling out its solution. As they sell on a SaaS model, it takes a few months to recoup this cost. The Venbridge credit facility provides them with the working capital to purchase the equipment … Read more
Project Description Type of Facility: SR&ED Financing Days to Fund: 7 Use of Funds: Plow more money into R&D as the company continues to grow and attract different types of manufacturing companies. Company Background: This company has developed an AI-powered platform to improve efficiency, delivery, and teamwork for manufacturing facilities
Project Description Type of Facility: SR&ED Financing Days to Fund: 5 Use of Funds: The company has found product-market fit and is now investing more in sales and marketing to grow revenue. This financing was the perfect fit to quickly inject capital into the business. Company Background: This company uses AI assistant that automates meeting scheduling to … Read more