Telus Ventures invests in Integrate.ai, signs strategic deal

Integrate.ai has raised undisclosed financing from Telus Ventures, the strategic investment arm of Canadian telecommunications company Telus Corp (TSX: T, NYSE: TU). The funds raised will support development of the Toronto-based company's artificial intelligence (AI) enterprise software platform. Additionally, Integrate.ai and Telus signed a multi-year commercial agreement to deploy "responsible" AI to optimize the experience of Telus customers. Launched in 2017 by CEO Steve Irvine, Integrate.ai in September closed a $39.5 million Series A financing. It was led by Portag3 Ventures and joined by Georgian Partners and Real Ventures.