TIMIA provides $1.5 mln in revenue funding to 7Geese
TIMIA Capital Corp has agreed to provide $2 million in revenue financing to 7Geese, a Vancouver-based human resources performance management company. TIMIA will initially deploy $1 million and make a further disbursement of $500,000 when certain milestones are met. Founded in 2010, 7Geese is led by CEO Amin Palzabin. It will use the funds raised for sales and marketing activity. TIMIA, a Canadian specialty finance firm, provides financing to technology companies in exchange for a royalty on revenue.
2 May 2018•3 mins read
