Toronto’s Integrate.ai today announced it has raised a $30 million in Series A round led Portag3 Ventures with existing investors Georgian Partners and Real Ventures also participating.
The latest investment values the 20-month-old startup at well over $100 million USD.
Today’s consumers want businesses to provide relevant, fair and contextual experiences without compromising privacy. Integrate.ai is building the world’s largest Trusted Signals Exchange to help enterprises deliver on that promise to consumers.
The company’s cloud-based software platform allows enterprises to accelerate their transformation to a more customer-centric operating model and increase revenue and customer loyalty through a combination of easy-to-integrate applications focused on consumer decisions and access to powerful cross-industry intelligence.
Canadian corporate heavyweights including TELUS and Corus Entertainment, among others, are leveraging the software platform to grow their revenues and customer base. Integrate.ai plans to use the funding to aggressively expand its operations and client base in the United States.
“Our focus in this financing round is to work with great people that can add tremendous strategic value as we scale the business. Portag3 has a strong track record in supporting innovative tech companies with a high potential for global impact, and we are thrilled to welcome Paul Desmarais III to our board of directors,” said Steve Irvine, founder and CEO of integrate.ai.
“Paul and Portag3 bring strategic insights and an extensive network that will help improve our ability to onboard new customers and accelerate revenue growth.”
Portage3 Ventures is an early-stage investor dedicated to backing innovating financial services companies working to benefit all consumers.
Exclusively sponsored by Power Financial, IGM Financial and Great West-Life, Portag3 gives new ideas a unique environment to grow.