Proactive, a Toronto, Canada-based company which specializes in real-time financial news, raised A Series B funding round of undisclosed amount.
The round was led by Yorkville Asset Management.
The company intends to use the capital for organic growth and merger and acquisition activity.
Led by Chief Executive Officer Ian Mclelland, Proactive provides written and broadcast news coverage, digital marketing services, corporate websites, and sponsored research to a client base of over 1,100 companies in the US, Canada, UK, and Australia.
With six offices on three continents (Toronto, Vancouver, New York, London, Sydney and Perth) and a team of experienced business journalists, broadcasters, website developers and management, the company works with innovative growth companies quoted on the world’s major stock exchanges, helping executives to engage intelligently with investors.
In 2020, Proactive featured in 809 million search results, content was viewed over 165 million times and readers spent over 10 million hours on its websites. Proactive has produced over 300,000 articles and 20,000 executive interviews since it was established in 2007.