Tacit Innovations bumps up seed funding to $1.1 mln
Tacit Innovations recently secured a further $450,000 in financing from The Laurier Start-up Fund and angel investors. The deal tops up the $700,000 raised in February from BDC Capital, Canrock, Hyperdrive and other investors, bringing the total seed-stage funding round to $1.1 million. Tacit will use the proceeds to develop its mobile platform that allows customers to discover restaurants, browse menus, manage their orders and pay for their meals. The Toronto-based startup also will focus on additional growth in local markets and expansion in new markets through partnerships with point of sales businesses and other suppliers to the hospitality industry.
11 August 2014•3 mins read
