ThoughtExchange Raises $13.5M in Equity Funding

ThoughtExchang

ThoughtExchange, a Vancouver, Canada-based company providing an AI engagement and survey platform, raised $13.5M in Equity funding.

The round saw participation from InBC Investment Corp. along with existing investors Information Venture Partners, Yaletown Partners, Voyager Capital, HarbourVest and First Generation Capital.

The company intends to use the funds to expand operations and its business reach.

Led by CEO Dave MacLeod, ThoughtExchange is an AI-accelerated engagement and survey platform. By combining deep AI capabilities with proprietary qualitative survey methods, the SaaS platform bridges the gap between quantitative sentiment and actionable solutions. Today, its customers span school districts representing thousands of educational leaders and nearly 40 million students across North America, as well as large public and corporate organizations.

FinSMEs

01/12/2023