Agendrix receives a $4.2 million investment from BDC Capital and Desjardins Capital to facilitate the company's transition

Funding Rounds

Summary

The investment by BDC Capital and Desjardins Capital has enabled Agendrixs primary shareholder and co-founder, André Gauthier, and smaller silent partners to withdraw from the company and transfer full control to five employee shareholders: Mathieu Allaire, Charles Vallières, Samuel Roy, Adam Tétreault and Sébastien Charland. "This transaction is an important milestone for us as we continue our growth and our mission to inspire more humane management," said Mathieu Allaire, CEO of Agendrix. The ease of Agendrixs automated customer onboarding makes it a highly scalable business model with strong growth potential." "We are proud to be associated with the next generation of entrepreneurs at Agendrix, an innovative company that is revolutionizing time management in the workplace," said Marie-Hélène Nolet, Chief Operating Officer, Desjardins Capital. It offers businesses a full spectrum of capital, from seed investments to growth equity, supporting Canadian entrepreneurs who have the ambition to stand out on the world stage.

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Amount $4.2M Total raised
Date June 22, 2021 Announcement date
Investors Business Development Bank of Canada Lead investors
Company http://www.agendrix.com Funded company

Classifications

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Accounting and Taxes

AskAI Classifications

Labels
Workforce Management Software HR Software Employee Scheduling Software

Linked Companies

Agendrix
$1M to $5M