TopicFlow, a Vancouver, BC, Canada-based AI-powered performance management platform, raised CAD 2.5 million ($1.8M USD) in funding.
Investors
The round was led by Founders' Co-Op, with additional participation from Ascend.
Founded in 2008, Founders' Co-Op is a venture capital investment firm based in Seattle, Washington. The firm prefers to invest in Pacific Northwest-based companies operating in the software sector.
TopicFlow Use of Funds
The company will use the funding to enhance its capabilities and expand its market reach. The fresh funding will, in part, be used for hiring in engineering, data science, design, and customer success to scale the onboarding of new customers.
About TopicFlow
Founded by Amin Palizban, Tony Angerilli, and Maxime Parmentier, TopicFlow develops an AI-powered performance management platform to help organizations enhance employee performance in dynamic work environments. The platform leverages artificial intelligence to assist managers in tracking goals, key performance indicators (KPIs), action items, feedback, and coaching conversations. The product integrates with HRIS systems, communication tools like Slack and Microsoft Teams, and work management tools like Jira, Asana, and Salesforce.
Funding Details
Company: Topicflow Technologies Inc.
Raised: $1.8M
Round: Seed Round
Funding Month: June 2024
Lead Investors: Founders' Co-Op
Additional Investors: Ascend
Company Website: https://www.topicflow.com/
Software Category: Performance Management
Source: https://www.accesswire.com/881027/topicflow-raises-25m-to-disrupt-performance-reviews-with-ai