SEB closes $3 mln deal with Golden Opportunities Fund
Smart Employee Benefits Inc (TSX-V: SEB) has closed a private placement offering, generating $3 million in gross proceeds. The investor was Golden Opportunities Fund, a retail venture capital fund managed by Westcap Management. Founded in 2011, Mississauga, Ontario-based SEB specializes in cloud software-as-a-service solutions for managing the benefit plans of employers and governments. The company said the deal strengthens its balance sheet and working capital and will support business development initiatives in Saskatchewan and Manitoba, where Golden invests.
5 March 2018•5 mins read
