Stradigi AI closes $53 million Series A financing

Date Closed

November 12, 2019

Lead Office

Québec City

Value

53.00 Million CAD

On November 12, 2019 Investissement Québec (IQ) and Fonds de solidarité des travailleurs du Québec (F.T.Q.) completed their anchor equity investment in Stradigi AI Inc. (“Stradigi”) through a subscription for Class A preferred shares, as part of a C$53 million financing of Stradigi.

The funds will be leveraged by Stradigi to fuel expansion across North America, strengthening Stradigi's go-to-market strategies, with a core focus on the United States.

IQ is a financing and business advisement company that helps various organizations establish themselves and thrive in Quebec.

McCarthy Tétrault LLP advised IQ and F.T.Q with a team led by Mathieu Laflamme that included Jacob Stone, Isabelle Pépin-Lapointe (Business); Véronique Wattiez-Larose (Intellectual Property); and Diana Theophilopoulos (Employment).

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