Tag: First Ascent Ventures

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.

07
Jan

S&P Global Market Intelligence Enters into Strategic Alliance to Transition IR Webhosting Business to Q4 Inc.

New York/Toronto, January 7, 2019 – S&P Global Market Intelligence (S&P), a division of S&P Global (NYSE: SPGI) and provider of data, essential insights, and powerful analytics, and Q4 Inc. (Q4), a leading global provider of cloud-based investor relations solutions, announced today a strategic alliance to transition S&P Global Market Intelligence’s Investor Relations (IR) webhosting business to Q4. 

The strategic alliance allows both parties to concentrate on their core competencies, ensuring existing and future clients have access to industry-leading IR tools, data and services. 

“Since the founding of Q4, we’ve been committed to innovation and delivering the highest level of customer experience through our products, data and partnerships. This new strategic alliance helps to strengthen this commitment and allows us to more deeply serve our clients across a broader set of industries, including financial services, banking and REITs,” said Darrell Heaps, CEO of Q4. “Over the last few months, we have worked hard to understand the needs of S&P’s IR webhosting clients and we look forward to welcoming them to Q4 and our innovative IR success model.” 

“We are excited to work with Q4, which has demonstrated a proven track record of providing industry-leading investor relations solutions, technology and analytics to public companies across multiple sectors,” said Greg Gartland, Chief Product Officer, S&P Global Market Intelligence. “This strategic alliance with Q4 will not only better serve our clients webhosting requirements, but also will allow S&P to enhance and add to the strategic workflow solutions we offer to investor relations officers and their staffs.” 

This alliance will also integrate S&P’s proprietary data into Q4’s portfolio of solutions, enabling further opportunities for commercial collaboration. In connection with transitioning its IR webhosting business to Q4, S&P has also made a minority investment in Q4. Additional terms of the agreement were not disclosed.

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.

11
Dec

ScribbleLive acquired by Brazil based Rock Content

Brazilian content marketing startup Rock Content has announced the purchase of US sector player ScribbleLive, creating one of the largest companies in the segment in the Americas.

The buyout, announced exclusively to Forbes, is the continuation of the company’s international expansion, which began in 2017 with the launch of operations in Mexico. With the addition of ScribbleLive (SL), which has offices in Boca Ratón and Toronto, the enlarged Rock organization will boost its 400-strong workforce with about 100 employees. The two companies combined have a freelancer base of about 80,000 professionals.

The new company also brings a client portfolio that includes names like Red Bull, Cisco, FedEx, Dell, Reuters, Deloitte and American Express. Some of the organizations in this consolidated portfolio of over 2,000 customers that were existing clients, such as Oracle, will be catered for with services in Portuguese, Spanish and English, as well as other content-related products offered by the group.

“Being able to help our customers consolidate their content marketing efforts across multiple geographies and languages is the most exciting piece this acquisition brings,” said Rock co-founder Diego Gomes. “Our network of creative professionals is a unique feature that no other content platform can offer.”

The value of the deal was not disclosed, but, according to Gomes, the price tag is in the “tens of millions of dollars” and involved the exit of about a dozen SL investors, such as Summerhill Venture Partners, First Ascent Ventures and Fidelity Growth. The buyout was supported by a small funding round from Rock’s current investor base, which includes e.bricks Ventures, Provence Capital and Unbox Capital.

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

23
Jan

ThinkData Works selected as an approved vendor for the Canadian Government AI standing order

Toronto – January 23rd, 2019 – ThinkData Works Inc. (ThinkData) has been pre-qualified by the Government of Canada to deliver contracts worth up to $9M related to Artificial Intelligence (AI) services, solutions, and products. The list of qualified providers was announced on January 15, 2019, and was the result of an Invitation to Qualify published through Public Services and Procurement Canada.

Through the Invitation to Qualify, the Government of Canada has pre-approved a list of suppliers who meet all of the mandatory criteria to provide Canada with responsible and effective AI services, solutions, and products. Subsequently, all solicitation opportunities related to Federal Government AI projects will be exclusively distributed to this pre-qualified list of suppliers (the Source List).

“We are very pleased to have been selected to deliver on the largest AI-related projects within the Government of Canada,” says Bryan Smith, Co-Founder and CEO of ThinkData. “We placed a large emphasis on the need for clean data in order to get AI right and we’re happy to hear that the Government agrees. We will be able to deploy our platform, Namara, on nearly every project related to this procurement vehicle and serve up clean, unbiased data as fuel to power all AI solutions.”

ThinkData has also created a vendor ecosystem graphic to better visualize and categorize the Source List:

 

Company logos plotted in a graphic divided by work sector

After research and consultation with industry, academia, and civil society, the Federal Government structured the solicitation around three categories that represent the business needs of the Government of Canada:

Insights and Predictive Modelling: The Government is looking to maximize the value of the data and information it has, and will begin to use AI to analyze and predict outcomes and effectiveness.

Machine Interactions: Canada is increasingly seeking to implement digital channels to facilitate interactions between citizens and government, looking towards chatbots, virtual agents, smart routing, and targeted content distribution to increase service delivery.

Cognitive Automation: The Government intends to introduce automated decision systems in order to further automate repetitive tasks and information-intensive processes.

Vendors on the Source List have been pre-qualified based on their prior experience delivering responsible and effective AI services, solutions, and products. Pre-qualified suppliers will receive notifications of opportunity (“Solicitation”) which will be posted on Buy and Sell. Solicitations will stipulate the maximum amount to be awarded and will be categorized based on the following grades, or “bands”:

  1. Band 1: up to $500K
  2. Band 2: up to $4M
  3. Band 3: up to $9M

To qualify for Solicitation under bands 1, 2, and 3, vendors were required to demonstrate that they had successfully delivered one, three, or five AI project(s), respectively. This process ensures that both emerging companies and global organizations are present on the Source List.

“The different bands made the ITQ accessible to smaller companies and startups who historically get left off of these standing offers due to requirements tailored to large, public companies,” says Smith. “I think the Government did a phenomenal job ensuring home-grown Canadian AI talent could compete for any future government contract. It’s so important that these companies get the opportunity to build solutions for Canada.”