Tough Commerce, fka Brokrete, a Toronto, Canada-based provider of a commerce platform for workflows, raised CAD$2M in funding.
The round was in addition to the CAD$2.1M raised last year to accelerate new customer acquisition, roadmap and organic growth, bringing the total amount raised by the company north of CAD$7.8M.
This latest funding was led by Tough Commerce board chair and investor Ronald Richardson with continued support and investments from Legacy Capital Ventures, Willem van Bergen, Groupe PSC, MaRS IAF, and its undisclosed U.S.-based ConTech investor partners.
The company intends to use the funds to expand operations and its business reach.
Led by CEO Jordan Latourelle, Tough Commerce provides a complex commerce platform for industries underserved by traditional e-commerce giants, such as the construction industry. The solution enables users to create industry-specific workflows to completely digitize their operations, from e-commerce to delivery and back-office to payout.
The solution is fully operational and used by construction suppliers throughout Canada, the United States and Australia.
FinSMEs
18/05/2023