FTQ and Inovia Capital Lead Series D Round in WorkJam
Posted on 11/27/2022
Montreal, Canada-based WorkJam raised US$ 50 million in a Series D round. The Fonds de solidarité FTQ and Inovia Capital co-led the round and were joined by investors including Blumberg Capital and Demopolis Equity Partners. WorkJam will use the new funding to expand its reach in Europe, Southeast Asia, Latin America, and the United States, fuel product innovation, and accelerate its business growth. Inovia Capital is a returning investor and Demopolis Equity Partners is a new investor. The news was released on November 22, 2022.
WorkJam was founded in 2014 and has a product that combines communication, task management, scheduling tools, learning, and more – all on one app.