Evolution helps Zoom.ai top up seed round to $5.2 mln
Zoom.ai Inc, a Toronto-based workplace automation solutions startup, has raised an additional $3.1 million for its seed-stage financing, bringing the round's total to $5.2 million. Evolution Equity Partners, a U.S. venture capital firm, led the second tranche. As a result, Evolution's Dennis Smith will join the board. Existing investors Betaworks, BDC Capital, Good News Ventures, Two Small Fish Ventures and North Spring Capital also participated. Led by CEO Roy Pereira, who founded Zoom.ai in 2016, the company will use the second tranche's proceeds for product development and new hires to help meet increased U.S. and European demand.
11 April 2018•3 mins read
