Accelerate Fund II invests in AI sofware platform Testfire Labs
Accelerate Fund II has invested an undisclosed amount in Testfire Labs, an Edmonton software startup that develops enterprise productivity tools. Founded in 2015 by CEO Dave Damer, Testfire's first product is Hendrix, which leverages natural-language processing and machine learning to capture meeting summaries and optimize outcomes. The funds raised will allow Testfire to scale operations and expand the development team in support of its go-to-market plan, which includes entering the U.S. market. Accelerate Fund II, an early-stage angel co-investment fund, is managed by Canadian growth equity firm Yaletown Partners.
27 February 2018•4 mins read
