Innovacorp invests $250k in Proposify to customize business proposals
Canadian early-stage venture capital firm Innovacorp has provided $250,000 in equity financing to Proposify Inc, a developer of a web-based technology that improves the process of preparing business proposals. According to a report by Entrevestor, the Innovacorp investment is part of a $670 million round of funding that was joined by the Atlantic Canada Opportunities Agency and an angel investor. Proceeds of the deal will allow the Halifax-based company to finance its product rollout and business development. Proposify was co-founded this year by repeat entrepreneurs Kyle Racki and Kevin Springer.
16 June 2014•2 mins read
