A Toronto-made online platform that enables companies of all sizes to raise capital “like it’s 2023” is experiencing substantial momentum.
Applying technology that “makes selling shares as easy as selling shoes,” DealMaker is on a mission to empower capital raising and equity crowdfunding—and so far succeeding.
Founded by legal experts Mat Goldstein and Rebecca Kacaba, the fintech ranked 6th in the Globe & Mail’s annual list of Canada’s Top Growing Companies.
Earning a top-10 position on the list is no feat—in this case, a three-year revenue growth north of 5,000% did the trick for DealMaker.
The rapidly expanding fintech, now with more than 100 employees, is maintaining its forward lean by joining the Google Cloud Startup Program in order to access superior artificial intelligence tools.
The startup said that the “huge honour” of being selected by Google will arm the fintech “with the resources to quickly and efficiently scale and expand operations,” according to a late September statement.
“The Google For Startups Cloud Program doesn’t accept just any company,” says DealMaker’s Chris Adamkowski—and as a former Google Cloud executive, he would know.
“Google Cloud makes calculated bets on the most impressive industry leading innovators who have the best opportunity to deliver outsized value in their space,” Adamkowski explains, adding: “Google Cloud is a very well matched partner for DealMaker.”
DealMaker wants to integrate AI applications at multiple points in the capital raising process—from investor flow to shareholder management.
“Google Cloud’s support helps us in our mission to build the most sophisticated capital markets tool on the planet,” says Kacaba, CEO. “There is no better way to achieve this than to weave AI capabilities throughout our platform for ease of use for both investors and issuers.””
By integrating AI into the complex capital raise process, DealMaker—leveraging Google Cloud’s sophisticated AI technologies—can continue to “push the needle forward for capital raising and equity crowdfunding.”
The program will “play a pivotal role in our optimization initiatives with a focus on AI implementation throughout our capital raising flow,” believes chief technology officer Geronimo De Abreu.
“We’re thrilled to welcome DealMaker into our global Google Cloud Startup Community,” stated Ryan Kiskis, Director of the Startup Ecosystem for Google Cloud. “We look forward to connecting the team with the technology, community, and resources they need to build faster and easier.”
Across more than one million investments processed globally, over $2 billion in capital has been raised via the DealMaker platform.