Stradigi AI Raises CAD$53M in Series A Funding

From left to right: Curtis Gavura, President, CPO and Co-Founder, Basil Bouraropoulos, Chief Executive Officer and Co-Founder, Carolina Bessega, PhD, Chief Scientific Officer and Co-Founder, Jaime Camacaro, PhD, Chief Innovation Officer and Co-Founder. (Photo: Business Wire)
From left to right: Curtis Gavura, President, CPO and Co-Founder, Basil Bouraropoulos, Chief Executive Officer and Co-Founder, Carolina Bessega, PhD, Chief Scientific Officer and Co-Founder, Jaime Camacaro, PhD, Chief Innovation Officer and Co-Founder. (Photo: Business Wire)

Stradigi AI, a Montreal, Canada-based provider of Artificial Intelligence (AI) solutions, closed a CAD$53m (USD$40.3m) Series A funding.

The round was led by Fonds de solidarité FTQ (the Fonds) and Investissement Québec (IQ), which collectively invested CAD$26.4m, with participation from Holdun Family Office, Segovia Capital Ltd., Cossette Inc., and Stradigi AI’s co-founders.

The company intends to use the funds to bolster its existing team with 50 newly created positions in research, software, sales and marketing, accelerate expansion in the North American market and continue product innovation of their AI platform, Kepler.

Co-founded by CEO Basil Bouraropoulos, CPO Curtis Gavura, Carolina Bessega, PhD, CSO, and Jaime Camacaro, PhD, Chief Innovation Officer, Stradigi AI provides Kepler, an Artificial Intelligence platform that infuses revenue-driving AI into multiple facets of business to empower teams to make the right decisions at the right times.

FinSMEs

12/11/2019

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