The $100-million co-investment from the U.S.-based subscription commerce platform and Quebec’s public-pension plan manager will see AppDirect Capital offer “simple, hassle-free access to funding” to AppDirect partners. (The Logic)
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The $100-million co-investment from the U.S.-based subscription commerce platform and Quebec’s public-pension plan manager will see AppDirect Capital offer “simple, hassle-free access to funding” to AppDirect partners. (The Logic)
Talking point: Founded in 2009 by Canadians Nicolas Desmarais and Daniel Saks, AppDirect has 711 employees and raised a total of $557 million from investors including Inovia Capital, JPMorgan Chase and Mithril Capital, the investment firm co-founded by Peter Thiel. In March, the company chose Montreal as its Canadian headquarters, and announced it would create 730 jobs over a five-year period.
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