Klue Closes C$4M Financing Round

Funding Rounds

Summary

Klue, a Vancouver, British Columbia, Canada-based provider of competitive intelligence for enterprise salespeople, closed a C$4m financing.The round was led by Omers Ventures with participation from BDC Capital, Vancouver Founder Fund, SK Ventures and angel investors, including Ryan Holmes (CEO, Hootsuite), Jonathan Ehrlich (Partner, Foundation Capital) and Daniel Debow (former SVP Salesforce, CEO Helpful).The company intends to use the funds to continue to expand operations.Founded in 2015 by CEO Jason Smith and CTO Sarathy Naicker, Klue provides a tech platform for B2B enterprises including Adaptive Insights, Dell EMC, Hootsuite, Sage, Paychex, K2, Absolute Software, and DXC (spinout of HP) to collect, curate and distribute external and internal content relevant to sales and competitiveness.The platform combines information shared by co-workers with bot collected intelligence from across the web into battlecards and living dashboards of competitor activity.

$ Funding

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Amount $5.0M Total raised
Date September 27, 2017 Announcement date
Investors OMERS Ventures, SK Ventures Lead investors
Company http://www.klue.com Funded company

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applications
Business Intelligence

AskAI Classifications

Labels
Software SaaS Competitive Intelligence Software

Linked Companies

Klue
$10M to $25M