Canada's Collage gets seed funding via large insurer: Reuters
One of Canada's largest insurers, Power Financial Corp, is investing in a Toronto-based startup with global ambitions to automate key segments of the insurance industry, Reuters reported. Collage, Canada's first cloud-based human resource and benefits platform, said it received $5 million in seed financing from venture capital firm Diagram. Diagram, launched earlier this year, is financed primarily by Portag3 Ventures, whose exclusive backers are Power Financial and some of its subsidiaries, including insurer Great-West Life.
22 February 2017•2 mins read
