BDC, Fondaction, W Investments invest in growth of SIM-Cognibox

SIM-Cognibox, a Shawinigan, Québec-based provider of risk management and contractor compliance software, has raised undisclosed growth financing from a group of investors. The investors included Georges Karam, who also joined SMI-Cognibox as its new CEO, BDC Capital's growth equity group, Fondaction and W Investments Group. Established in 1972, SIM-Cognibox helps businesses manage risks associated with outsourcing specific to their sector of activity. The company compiles health and safety, sustainable development, quality and procurement data for more than 8,000 contractors performing work for over 250 hiring organizations.

6 May 2019•4 mins read
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