TIMIA invests $2 mln in local discovery tool Parkbench
Canadian specialty finance firm TIMIA Capital Corp has provided a $2 million funding facility to Parkbench Inc, a Toronto discovery service for local events, deals, news and real estate. The revenue-based facility includes a first investment of $1 million and a further $1 million to be deployed when milestones are met. Parkbench, launched in 2014 by CEO Grant Findlay-Shirras and CMO Amanda Newman, targets its online service to real estate agents and mortgage brokers. In 2016, the company secured financing from U.S. accelerator and venture capital firm 500 Startups.
8 March 2018•3 mins read
