Tag: Fintech

03
Feb

Sensibill welcomes Tom Shen as chair of the board

TORONTO, Feb. 03, 2020 — Sensibill announced today that digital banking veteran Tom Shen has been appointed chair of the board. Shen is joined on the board by Corey Gross, co-founder and CEO of Sensibill, David Unsworth, general partner at Information Venture Partners, and Benji Sucher, general partner at Radical Ventures.

Shen’s addition to the board is part of a series of executive appointments designed to help the company fulfill its mission of powering financial institutions with innovative solutions that drive customer value and engagement, while expanding the data streams financial institutions need to forge deeper relationships. Sensibill secured $31.5 million USD in Series B funding in 2019 to further support this initiative. The round was led by Radical Ventures, with participation from the National Bank of Canada and others. Radical Ventures is focused on applying data and AI on a global scale; their involvement adds a deeper layer of data expertise that is complemented by Shen’s digital banking experience.

Shen is a proven expert at scaling digital banking services for financial institutions. He was the founder and CEO of digital banking solutions provider Malauzai, which he sold to Finastra in 2018. Finastra attributed the company’s market leadership and open approach as part of its purchasing decision. In 2005, Shen joined the executive team at Digital Insight, an internet banking and payments provider ultimately acquired by NCR Corporation (NYSE: NCR). The first company he founded was Software Dynamics, Incorporated (SDI), a provider of teller and platform automation software that grew to work with more than 1,200 financial institutions before it was sold to S1 Corporation in 2001. The business was later acquired by ACI Worldwide (NASDAQ: ACIW).

“Sensibill is at the precipice of a major breakthrough,” commented Shen. “The company has joined forces with some of the world’s leading financial institutions, and they are highly proficient in a market that is ripe for change. Customers have become accustomed to personal and on-demand service from their experiences with big tech; Sensibill’s use of purchase data and AI expertise makes these user experiences readily available to financial institutions.”

Gross added, “There are only a handful of digital banking innovators of the caliber of Tom Shen. His success building and delivering game-changing digital solutions for financial institutions has been proven time and again. We’re excited to have him join Sensibill as we endeavor to make banking more personal.”

Sensibill has raised a total of $46.5 million USD and has partnered with the largest financial institutions and digital banking providers in the U.S., the U.K., and Canada.

21
Jan

Leading tech firm Q4 announces expansion plans into Hamilton, along with over 140 new tech jobs

Q4 Inc.’s new Hamilton Office

January 21, 2020 (HAMILTON, ON) – Adding to the momentum behind Hamilton as one of Canada’s fastest-growing tech cities, Q4 Inc. has announced it will be expanding into the up-and-coming hub this year, creating 140 new jobs in the city. Hamilton has been gaining traction as a rising tech centre and an ideal location for innovative companies to establish operations.

Attracted by Hamilton’s tech talent pool, affordability and quality of life, Q4’s new office will be located in the heart of downtown Hamilton.

“We’ve been watching Hamilton’s tech growth closely, and we believe it’s well on its way to becoming one of the largest tech hubs in Ontario. Our goal is to become the leading tech employer in this city,” says Darrell Heaps, CEO of Q4. “Hamilton offers all the right elements for our employees. It’s affordable, has fantastic restaurants, vibrant nightlife, a great arts scene, and offers active green space nearby. It’s also within close proximity to our headquarters in Toronto, providing easy knowledge-sharing across both offices.”

Q4 will occupy the entire 9,500 sq. ft. second floor of a new four-storey brick-and-beam office at 59 King St. E, scheduled to open in March. By the end of 2020, Q4 plans to expand to the fourth floor of the same building, occupying an additional 7,500 sq. ft.

The new space is part of downtown Hamilton’s heritage revitalization and offers a flexible, open concept and adaptable workspace that encourages collaboration. Amenities within the office reflect the company’s culture of employee wellness and creativity. The space features an auditorium-style space for meetings, wellness room, games room, space for bike racks and on-site shower facilities, as well as an outdoor patio during the summer months.

 Hamilton is the fastest-growing mid-sized city in Canada for tech talent, with its tech sector growing nearly 53 per cent over the last five years. This booming industry is helping spur Hamilton’s downtown renewal.

“As our tech sector continues to grow, we’ve been working hard to cultivate and retain creative and skilled workers in our city. Q4’s expansion into Hamilton is a testament to our city’s incredible quality of life, strong tech ecosystem, and unique, affordable office space not found elsewhere,” says Judy Lam, Manager of Commercial Districts and Small Business at the City of Hamilton.

Headquartered in the trendy downtown Toronto neighbourhood of King West with offices in New York, Copenhagen and London, Q4 currently employs 250 people worldwide. Specializing in investor relations solutions, Q4 has experienced tremendous growth within the past few years, announcing major recent partnerships with S&P Global Market Intelligence, and Business Wire and doubling its client base to 2,200 within the past few months alone.

As part of its aggressive growth strategy, Q4 plans to hire over 140 people over the next 12-18 months with approximately half of those hires happening over the next three months. Q4 aims to fill a wide range of positions including web developers, quality assurance specialists, implementation managers and data entry coordinators.

Q4 is planning to partner with local post-secondary schools, including McMaster University and Mohawk College, to help further develop the talent pipeline locally. The company will host a career fair on February 7 for both professional hires and recent graduates. The career fair will be held from 5-7pm at 12 James St. North on the second floor.

12
Dec

Sensibill deepens UK market expansion with Metro Bank partnership

Sensibill announced today that it will partner with Metro Bank, the first high street bank to open in the UK in over 100 years, to power its mobile receipt management offering. The partnership supports the bank’s mission to transform the digital experience for its small business banking clients. 

Metro Bank has invited select small business customers to join a free beta trial of its forthcoming receipt management solution within their mobile app, with a public release set to launch to all business customers in early 2020. Small businesses will be able to capture, store and organize their receipts, allowing for easy expense tracking and management. In turn, the solution helps these business owners audit-proof their business and maximize tax deductions.

Beyond offering a valuable tool for Metro Bank’s client base to use, Sensibill provides the ability to gather deep insights on customer purchase behaviors through the itemization and categorization of receipt data, providing the opportunity in which to truly personalize communications and products to customers. 

“Metro Bank is building a suite of compelling tools that will help transform the small business banking experience in the UK,” said Corey Gross, Co-Founder and CEO of Sensibill. “Our partnership with Metro Bank demonstrates our shared focus to deliver customer-centric solutions that improve the financial well-being of banking customers. We’re excited to support Metro Bank’s commitment to strengthening its relationship with their customers through digital innovation.”

Paul Riseborough, Chief Commercial Officer at Metro Bank, says: “Accounting tasks, along with chasing invoices and staying on top of receipts, are major pain points for SMEs. By partnering with Sensibill, we’re offering an innovative, digital solution that solves real problems for our customers, saving them time spent on admin and allowing them to focus on running and growing their business. And this is just the first piece in the puzzle as we set about developing a major new digital ecosystem of services to help SMEs.”

The partnership is continued proof of the widespread acceptance of digital receipt solutions, the value of item-level data, and Sensibill’s position as the preferred provider and market leader in the UK and the broader sector.

04
Jul

Digital receipt player Sensibill raises $31.5m

Sensibill, a Toronto-based AI-powered digital receipt startup targeting freelancers and small business owners, has raised US$31.5 million in a Series B funding round joined by National Bank of Canada.

The round, led by AI-focused venture fund Radical Ventures, and joined by Information Venture Partners and First Ascent Ventures, brings Sensibill’s total financing to $46.5 million.

Founded in 2013, Sensibill works with banks such as TD and Scotiabank to incorporate its digital receipt technology into their apps, enabling personal and business customers to manage line item receipts from their phones.

The platform uses machine learning to structure receipt data and give both banks and their customers rich insights such as product information, return policy tracking and auto-categorisation.

Since its 2017 Series A round, the firm has doubled its headcount, opened a London office and has now won more than 30 bank deals in Canada, the US and UK, many with Tier 1 players such as RBS.

Corey Gross, CEO, Sensibill, says: “What we’re trying to do at Sensibill is bridge the gap between what banks are good at today, and where they need to be in five or ten years to protect their relationships from disruption. Tools beyond core banking, an incredible customer experience, and meaningful customer insights for banks–that’s what we bring to the table.”

21
Feb

Q4 announces new IR Success Platform

darrel

New York and Toronto – February 21, 2019 – Q4 Inc., a leading global provider of cloud-based investor relations solutions, announced today the launch of its “IR Success Platform.” The platform combines Q4’s market-leading IR product suite, with a new white-glove customer experience model that partners with IROs to help them achieve both their tactical and strategic objectives, from daily tasks to annual program goals.

“The rise of new technologies, along with a constantly changing regulatory landscape are disrupting today’s capital markets. But while the scope of the IR role has expanded, in most cases, resources and budgets haven’t increased. You’re being asked to do more with less.” said Darrell Heaps, Q4’s CEO. “We believe that by working with the right partner and arming yourself with the right technology, you can overcome these challenges, to drive strategic value and ‘take a seat at the boardroom table.’ Our new IR Success Platform is designed to help IR teams, of all sizes and shapes, optimize processes and run impactful programs.”

Leveraging the latest in IR technology and tools, combined with dedicated IR professionals, Q4 is committed to delivering best-in-class customer experience. The IR Success Platform provides IROs with a truly dedicated “partner” committed to helping them drive strategic IR value, and is the first of its kind in the market. The IR Success Platform is designed to:

  • Reduce IR workload and streamlining processes;
  • Build a robust ownership base and target the right investors;
  • Improve IRO visibility and engagement with management and the Board; and
  • Drive stronger valuation relative to market peers.

“We recognize that no two IR teams are the same, and therefore, your needs also differ. With our IR Success Platform, we match you with the right technology and dedicated service team, based on your own unique objectives and challenges. We have you covered, from website and webcasting, to CRM, market intelligence and surveillance, and everything in between, ” said Matt Tractenberg, IR Partner at Q4. “The incredible benefit to our clients and their limited resources is that this is all being provided as a value add, at no additional expense to our clients.”

The IR Success Platform includes three customer experience offerings:

“Communicate” includes web design and webcasting, supported by an IR lead and 24/7 customer service for daily IR tasks.

“Engage” includes Q4’s CRM, web and webcasting, supported by a dedicated IR manager who is focused on executing tactical support across all IR functions.

“Elevate” includes web design, webcasting, CRM and Intelligence products and offers the highest level of strategic experience. It’s supported by a dedicated IR Partner, an ex-IRO with the core mandate to align with client strategies and partner on helping reach their objectives, whatever they may be.

The IR Success Platform is a value add service offered to all Q4 clients, with product configuration being rolled-out over the coming days. For more information please see www.q4inc.com or contact sales@q4inc.com .

For more details visit: https://www.q4inc.com/success-platform/default.aspx

22
Jan

Q4 releases iris™, a new artificial intelligence engine for investor relations

NEW YORK, NY, January 17, 2018 – Q4 Inc., a global leader in cloud based investor relations announced today the release of iris™, the company’s new AI engine designed to revolutionize the IR services space. By integrating machine learning, big data analytics and NLP to analyze and process high volumes of fragmented market data, iris is empowering public companies across the United States to drive improved investor engagement and shareholder quality, leading to lower volatility and higher multiples.

Phase one of this ground breaking technology is being applied to Q4’s stock surveillance business, where iris has been achieving accuracy levels of real-time ownership that are unheard of in the investor relations intelligence market.

“Today’s introduction of iris into the market signifies a huge milestone for Q4 and our stock surveillance program,” said Adam Frederick, SVP, Intelligence. “In the past, traditional surveillance firms have been unable to achieve high levels of accuracy in providing real-time shareholder analytics due to the depth and breadth of analysis required. iris is capable of analyzing vast amounts of data at a level impossible for any human to achieve. Backed by this powerful AI-engine, Q4 is consistently able to achieve 80 percent plus accuracy in real-time ownership predictions – a true breakthrough for the industry.”

Q4 also announced today a commitment to proactively report accuracy results to their clients, along with a money back guarantee on maintaining accuracy above 80 percent. The guarantee is structured as a service level agreement on accuracy and provides a structure for quarterly reporting and rebates on fees paid should accuracy levels drop below 80 percent.

“Seeing the results of iris and its impact on our accuracy has given us the confidence to stand behind our data with a money back guarantee, which sets a new standard in the IR market,” said Darrell Heaps, CEO, Q4. “The unmatched proficiency of iris, coupled with the top tier advice and consulting provided by Q4’s experienced analyst team, has created a far superior product to anything else available today. Our clients rely on surveillance intelligence to drive critical decision-making with their C-suite and board, which is why Q4 is holding itself accountable.”

Q4 plans to release a number of new iris analytics and workflow products over the course of 2018, each with a core purpose of enabling investor relations teams through actionable analytics and improved efficiency through automation.

iris is available today and is in operation across Q4’s US-based intelligence business.

For more information contact sales@q4inc.com.

17
Oct

Royal Bank of Scotland partners with Sensibill to give business banking customers greater control of their finances

TORONTO, Oct. 17, 2017 (GLOBE NEWSWIRE) — Royal Bank of Scotland (RBS) and Sensibill have partnered to alleviate a major pain point for small business banking customers: receipt management. Sensibill’s digital receipt solution will bring convenience to small business owners, allowing them to manage their cash flow, and streamline their administrative efficiencies directly from their mobile banking app.

The service—which will be available to all small business customers via their RBS mobile banking app in January 2018—will allow customers to scan their receipts using their iOS or Android camera. The receipts will be reconciled with card transactions held by the business, allowing users to track spending and categorize expenses for HMRC, as well as create reports for invoicing or accounting purposes.

This partnership sets the bar for how banks and financial technology companies can work together to better serve customers and address their needs.

“No bank can expect to thrive without listening to the evolving needs of customers, and by partnering with Sensibill, we’re offering proactive help and best-in-class innovation for free – allowing small businesses to spend less time on admin, and more time on what they do best,” said Marcelino Castrillo, managing director of business banking at NatWest/Royal Bank of Scotland.

Initial trials of Sensibill’s service indicated that 88% of small business banking customers found the app to be “good” or “very good”. As for how the service influenced customers’ perception of the bank, 78% of customers said that they would recommend NatWest if the bank offered the service in the future.

“It’s simple – if banks don’t service their customers’ needs, someone else will. Every time a customer uses a competing solution to solve their financial pain, customer loyalty erodes. This is especially relevant with open banking gaining momentum, and third-parties having access to customer information that was once in the bank’s custody. There has never been a more critical time for banks to invest in their customers and invest in services that will retain them,” said Corey Gross, CEO and Co-Founder at Sensibill.

About Sensibill

Sensibill works with the most innovative global financial institutions to solve their customers’ pain point of managing receipts. Sensibill’s solution drives net new engagements across online and mobile banking channels, while unlocking deep purchase insights across all payment methods. The service is fully white-labeled, designed specifically to meet bank requirements and is live with Tier 1 financial institutions today. To find out more, visit www.getsensibill.com, and connect with us on twitter.com/getsensibill and linkedin.com/company/sensibill-inc-.

03
Mar

Sensibill closes $17.3 million Series A to scale digital receipt data service for banks

Sensibill closes $17.3 million Series A to scale digital receipt data service for banks

TORONTO, ON – March 02, 2017 – Sensibill has raised a sizeable $17.3 million Series A led by Information Venture Partners and OpenText Enterprise Apps Fund (OTEAF).

Sensibill offers a suite of value-added services for mobile banking apps centered around the everyday receipt and enabled by machine learning. Last year, the FinTech company, which is headquartered in Toronto, launched its core product, a smart receipt management service, with Scotiabank and TD Canada Trust’s mobile wallet app UGO Wallet. The round led by Canadian VC firms is one of the largest A-rounds in Canada to date.

“We are pleased to be leading this round of investment,” said David Unsworth, Co-Founder and General Partner at Information Venture Partners. “As experienced financial technology investors, we have long believed in the inevitable ubiquity of mobile banking as a core digital channel for all financial institutions. We believe Sensibill is well-positioned to bring its digital receipt capabilities into every mobile banking application and are thrilled to be their partner as they continue to scale and develop a world-class financial technology company.”

Sensibill says the funds will enable the company to continue developing a robust system that can structure data from any merchant receipt and return rich insights to consumers and businesses alike. Currently, Sensibill is the market leader in extracting and structuring receipt data using deep learning techniques, but the startup claims that this is only the beginning compared to what they are layering on-top.

“We knew that people wanted an intuitive and secure solution for managing their receipts, but we’ve also learned a great deal about how they want to make better use of their purchase information,” said Corey Gross, Co-Founder and CEO of Sensibill. “Think reminders for when warranties expire, being able to optimize household budgets, and highly targeted credit card rewards. That’s where machine learning comes into play, and we’re excited to add more fuel to our growing research and AI team right here in Toronto.”

Globally, financial institutions are waking up to the potential of receipt data. The demand is growing for receipt solutions that are able to contextualize purchase information down to the payment and SKU-level. Having already announced partnerships with Tier 1 Canadian banks, Sensibill plans on allocating the new resources towards growth and delivery efforts in the United States, U.K, and Australia.

Sensibill has attracted investment from industry veterans — a strategic move on the company’s part. “We want to work with investors who really understand banktech, and have had industry-defining success building and scaling financial services companies,” says Gross. Sensibill’s B2B2C partnership model for bringing new technology to banks and their customers is a welcomed deviation from the “challenger” position FinTechs often take.

“Banks are hungry for innovative customer-facing solutions that solve everyday pain points. The reason digital receipts are such a desirable offering is because it has mass customer appeal and enables personalization,” said Drew Sievers, founding partner of San Francisco-based Operative Capital and former founder and CEO of mobile banking pioneer, mFoundry. “Sensibill has delivered impressive results for some of the largest banks in the world, and is now well-positioned to be a global leader and an indispensable partner to financial institutions.”

“Our investment reflects our belief in the tremendous market potential for their technology and management’s ability to execute on their vision. In a short space of time Sensibill has closed deals with some of the world’s leading financial institutions in a highly competitive environment. We are very excited about their growth prospects and look forward to working with Corey and his outstanding team,” said Tony van Marken, General Partner at OTEAF.

Both Unsworth and van Marken will be joining Sensibill’s board of directors.
San Francisco-based Operative Capital, Mistral Venture Partners, and existing investor Impression Ventures have also participated in the round.

About Sensibill
Sensibill is a white-label Software as a Service platform that allows personal and business banking customers to manage line-item receipts directly from their desktop and mobile banking applications. Customers can capture and store paper and electronic receipts, which can then be accessed and used for returns, exchanges, expenses, taxes and accounting.
Sensibill leverages rich item-level purchase data to deliver personalization and contextualized services to banking customers. To find out more visit www.getsensibill.com.

About Information Venture Partners
Information Venture Partners (IVP) is a Toronto-based venture capital group investing out of its $106 million second fund. IVP is focused on fast-growing enterprise FinTech and enterprise software companies based in North America. As a Series A investor, IVP looks for rapidly growing companies with differentiated technology solutions addressing significant market opportunities. Portfolio companies include Adaptive Insights, Verafin, Igloo Software, eSentire, PostBeyond, Q4 and Sensibill. Follow IVP on the web at www.informationvp.com or on Twitter @informationvp.

About OpenText Enterprise Apps Fund
The OpenText Enterprise Apps Fund (OTEAF) was formed in 2015 and invests in Canadian technology companies that are building disruptive, enterprise applications that leverage the power of the internet, big data, predictive analytics, mobility and machine learning. OTEAF has offices in Toronto, Ontario and Montreal, Quebec. www.oteaf.vc

17
Jan

Q4 Acquires CapMark Clarity to Bring Next Gen Shareholder ID and Market Intelligence Solutions to UK and European Markets

Acquisition will combine Q4’s disruptive technology with CapMark Clarity’s market intelligence expertise to bring unprecedented speed and accuracy to shareholder identification in the UK and Europe

London, UK, January 17, 2017 — Q4 Inc., a global leader in cloud-based investor relations and capital market solutions, is announcing the acquisition of CapMark Clarity, a provider of shareholder ID and market intelligence to UK and European markets. CapMark Clarity will be merged into Q4’s intelligence division, and Amit Sanghvi, CEO of CapMark Clarity, will join as senior director, international advisory.

With more than a decade of experience, CapMark Clarity set a new standard for traditional investor relations services in Europe. CapMark Clarity introduced its proprietary market intelligence technology and shareholder ID solutions to the market in 2012 and established itself as an innovative shareholder ID provider in Europe and AsiaPacific. The merging of CapMark Clarity’s expertise with Q4’s data-driven intelligence creates a new European powerhouse in market intelligence and shareholder ID solutions for IR professionals.

“I have always been impressed with the work Amit has done. Combining CapMark Clarity with our market-leading algorithms enables us to provide the fastest, most accurate and actionable intelligence to our UK and European clients,” says Darrell Heaps, CEO of Q4. “We believe that our data science approach to intelligence allows us to provide a level of speed and accuracy that has not been previously available in the UK and Europe. We are excited to partner with Amit and the team at CapMark Clarity to bring these next gen solutions to the market.”

Q4 uses next generation technology such as machine learning algorithms and natural language processing to automate processes for IR professionals with unprecedented speed, ease and precision. With the acquisition of CapMark Clarity, Q4’s full suite of next gen IR solutions, including website, webcasting, shareholder ID and the firm’s CRM and IR workflow platform, Q4 Desktop, will now be available to European customers.

“Q4 has been a real driver of technological innovation in the IR industry for several years. With its use of artificial intelligence, Q4 now leads the industry into a new era of smart technology. We look forward to leveraging this technology and empowering European IR professionals by bringing high-quality market intelligence and shareholder ID right to their fingertips,” says Amit Sanghvi, founder and CEO of CapMark Clarity.

Q4’s European intelligence division will operate out of London, UK. Now with more than 1,200 global clients and offices in New York, Toronto, Chicago, Copenhagen and London, Q4 is firmly positioned to continue its strong growth trajectory into 2017 and beyond.

For more information:
Taryn Shulman, Q4 Inc.
Director, Marketing
416-540-9832
taryns@q4inc.com

About Q4 Inc.
Q4 is a global leader in cloud-based investor relations and capital market solutions. Thousands of brands around the world use Q4 website, webcasting, CRM, analytics and surveillance solutions to better connect with their investors and understand the capital markets. In June 2016, Q4 launched Q4 Desktop, the industry’s first fully integrated investor relations platform, which integrates communications tools, surveillance and analytics into a fully featured IR workflow and CRM application. Q4 has offices in New York, Chicago, Toronto, Copenhagen, and London. Visit www.q4inc.com to learn more.

About CapMark Clarity
CapMark Clarity is an independent capital markets intelligence firm with a focus on delivering the highest quality and personal service to each of its clients. Backed by a team with over a decade of experience, CapMark Clarity sets a new standard for traditional investor relations services and leads the way into a new era of smarter investor relations.

17
May

Q4 Closes $22M Series B Financing to Fuel Product and Sales Expansion

darrel

TORONTO, ON – May 17, 2016 – Q4 Inc., a global leader in SaaS investor relations and capital market solutions, announced today the closing of a $22 million Series B financing, bringing the Company’s total amount raised to $30 million.

This round was led by OpenText Enterprise Apps Fund (OTEAF), Information Venture Partners, and HarbourVest Partners along with Emerillon Capital, and Kensington Capital Partners. Series A investors Plaza Ventures and Accomplice also participated. The funding will go towards expanding the Company’s engineering, sales and marketing teams.

“We are delighted to lead this round,” said Richard Black, General Partner at the OpenText Enterprise Apps Fund. “Our investment in Q4 reflects our belief in the tremendous market potential for their technology and management’s ability to execute on their vision. With over 600 top tier customers Q4 has demonstrated their ability to deliver value to the most demanding companies on a consistent basis. We are very excited about their growth prospects in the future.”

Q4 has been steadily expanding their investor relations platform since 2013, which now includes investor websites, earnings webcasting, market intelligence and investor CRM suite. The Company is focused on applying artificial intelligent methods such as machine learning and natural language processing to provide real-time insights on institutional trading, market sentiment, volatility and investor activism.

“Over the last 10 years, the market has become more complex and opaque than ever before. Alternative trading systems, dark pools and high frequency trading have created a challenging environment, making it almost impossible for corporates and investors to understand what is happening within the global financial markets,” said Darrell Heaps, CEO of Q4 Inc. “Our products bring simplicity to this problem and help companies better understand the market, manage investor engagement and communicate with the street. We are at the early stages of our vision and look forward to using these funds to continue expanding our platform and analytics for corporate and institutional clients.”

“There has been very limited innovation in investor relations technology.  Q4 is at the forefront of adopting and developing new technologies, changing the user experience for its communications customers and redefining intelligence methodologies to provide better insights to IROs, CFOs and CEOs,” said Robert Antoniades Co-Founder and General Partner of Information Venture Partners.

2015 was a watershed year for Q4, generating record client & ARR growth and executing on Company’s product suite expansion. Launching in June, the new Q4 desktop will be the investor relations industry’s most integrated market intelligence, investor CRM, website and webcasting platform on the market. Q4 plans to unveil this new product at the National Investor Relations Institute’s annual conference in San Diego, June 4-8, 2016.

“As we expand our presence in Canada, HarbourVest is excited to partner with Q4 in this next stage of its growth path,” commented David Zug, Vice-President, HarbourVest Partners. “This dynamic team and technology are poised to continue to transform the way public companies engage their shareholders.”

“We are excited to partner with Q4 at this critical inflection point in its growth,” said Raghu Bharat, Investment Manager at Emerillon Capital. “As demonstrated by their remarkable growth, this round of funding will help Q4 capitalize on global demand for their solutions, and accelerate the company’s pace of product innovation.”

Q4 has over 150 employees in offices in Toronto, Chicago and New York.

About Q4 Inc.
Q4 is a global leader in communication and intelligence solutions to the IR market. With hundreds of Fortune 1000 brands using Q4 website, webcasting, analytics and advisory solutions, we have created a full service platform that enables public companies to better connect with their investors and understand the capital markets. Visit www.q4inc.com to learn more.