A leading Canadian AI company has announced a new round of funding as well as a nine-figure valuation.
Integrate.ai has unveiled a $30 million USD Series A financing round led by Portag3 Ventures, along with participation from existing investors Georgian Partners and Real Ventures. Integrate.ai has said this latest round values the company well above $100 million USD.
The new money will go towards building out Intergate.ai’s client base throughout the U.S. as well as an aggressive operations expansion. The Toronto-based company works with enterprise clients to develop better relationships between providers and customers using AI systems. Integrate.ai’s Trusted Signals Exchange platform helps businesses harness real-time consumer intelligence to transform how customers interact, all without sacrificing security, privacy, or meaningful IP.
“Our focus in this financing round is to work with great people that can add tremendous strategic value as we scale the business. Portag3 has a strong track record in supporting innovative tech companies with a high potential for global impact, and we are thrilled to welcome Paul Desmarais III to our board of directors,” said Steve Irvine, founder and CEO of integrate.ai.
By using Integrate.ai’s solutions, businesses can build out a customer-centric operating model, which in turn drives more revenue and loyalty. Clients using Integrate.ai include TELUS, Corus Entertainment and more. It has been shown that Integrate.ai can help boost a company’s results by 23 to 50 per cent, along with even more niche improvement through automation and optimization.
“Expanding the integrate.ai team and extending our reach into the U.S. and other markets will enable us to speed up development of our AI platform, which integrates with existing enterprise tech stacks, and address the tremendous interest in our Trusted Signals Exchange,” said Jason Silver, COO of integrate.ai.” We offer a compelling career path for top AI and business talent and a commitment to turning cutting-edge research into enterprise applications with a direct impact on our customers’ businesses.”