The funding came from U.S. private equity firm Five Elms Capital. It’s the first institutional funding for the Toronto-based talent development and mentoring startup, which had bootstrapped since launching in 2014. (The Logic)
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The funding came from U.S. private equity firm Five Elms Capital. It’s the first institutional funding for the Toronto-based talent development and mentoring startup, which had bootstrapped since launching in 2014. (The Logic)
Talking point: Ten Thousand Coffees works with employers to match workers with mentors within the organization, with the goal to improve employee engagement, connectivity and skills development. Its clients include RBC, Nike and Thomson Reuters. The company said demand for its services ballooned with the shift to remote and hybrid work during the pandemic. It plans to use the capital to build out its products, hire more staff and expand globally.
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