Canada-based ThoughtExchange secures $13.5M in equity funding from InBC Investment Corp. along with existing investors Information Venture Partners, Yaletown Partners, Voyager Capital, HarbourVest and First Generation Capital.
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Dave MacLeod, ThoughtExchange’s CEO said, “InBC has an exciting and important mandate and we’re very happy to have them as investors in ThoughtExchange, It’s great to have strategic investors who understand inclusion and business success are not in opposition and are instead directly correlated. The world’s top performing organizations value the voice of the communities they serve.”
InBC’s investments work in parallel with the province’s Stronger BC Economic Plan to accomplish inclusive and clean growth over the long term.
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They identified ThoughtExchange as meeting their impact objectives to innovate for the future and elevate inclusive communities, as well as the potential for financial returns and benefits to the province.
Leah Nguyen, Chief Investment Officer of InBC said, “ThoughtExchange is innovating the way we engage as communities and building a company here in B.C. with global reach, Our investment into ThoughExchange will create more tech jobs in the province and support a local company that is bringing voices together and helping some of the world’s leading organizations solve complex issues.”
ThoughtExchange stands out as an innovator in engagement technology and problem-solving, gaining significant investment in a tough market. Combining deep AI capabilities with proprietary qualitative survey methods, ThoughtExchange bridges the gap between quantitative sentiment and actionable solutions.
About ThoughtExchange
ThoughtExchange is the leading AI-accelerated engagement and survey platform. By combining deep AI capabilities with proprietary qualitative survey methods, their award-winning SaaS platform bridges the gap between quantitative sentiment and actionable solutions.
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