Investment Brief | January 2020 : Contxtful, Dispatch Coffee, PivoHub
Investment Briefs
Discover the latest investments by Anges Québec's members and its side-car fund, Anges Québec Capital.
CONTXTFUL
Secteur : sensory data
CONTXTFUL is a Montreal-based DaaS start-up that helps media and insurance companies improve their customer interactions by leveraging non-private, sensor-based data from mobile devices. CONTXTFUL goes beyond traditional metrics to provide Human Context. The company is a graduate of TandemLaunch, a deep-tech incubator based in Montreal, Canada.
At the end of 2019, CONTXTFUL raised CAD $2 million from Fonds Innovexport, Anges Québec, Fonds Québécor Innovation, La Capitale Assurance et Services Financiers, Adviso Conseil, Glassroom (BleuBlancRouge), and other private investors.
"The investment will mainly serve to increase the development team in order to allow the solution to be cross-platform (Web, Android, iOS, Unity), start marketing on a national scale and establish our intellectual property strategy" adds Guillaume Bouchard, CEO of CONTXTFUL
DISPATCH COFFEE
Sector : e-commerce
Dispatch Coffee offers high quality coffee from responsible sources, delivered to your home every month, for less than a dollar a cup.
The founder and CEO of the company, Chrissy Durcak, recently raised over $800k thanks to the participation of Anges Québec, private angel investors, the Capital Investissement group and OMC.
"With this funding we will be able to scale our e-commerce revenue and subscriber base in Eastern Canada. We'll increase our marketing budget by 5x, and target to break 10x growth of our active subscribers by the end of 2020" adds Chrissy Durcak, CEO of Dispatch Coffee.
PIVOHUB
Sector : app
PivoHub is a platform that connects, organizes and equips the craft beverage industry to meet the growing thirst for craft beer, kombucha, cider, mead and wine.
The CEO, co-founder and former junior angel, Sean Cullen, raised $905k at the end of 2019, from angel investors members of Anges Québec, institutional investors and private individuals.
"With the support of its partners, PivoHub is becoming essential in Quebec. The new capital will allow the company to accelerate the growth of the company in the United States and continue to share the story of a human industry concerned with its art through the discovery of quality products” added Sean Cullen, CEO of PivoHub.
Information or media inquiries :
Stéphanie Schwanen
Marketing Communications and Community Director | Anges Québec