Optable, a Montreal, Canada-based identity management and collaboration platform for the advertising ecosystem, has raised $20 million in funding. 

Investors 

The funding was led by TELUS Global Ventures, with significant reinvestment from Hearst Ventures, Brightspark Ventures, Desjardins Capital, Deloitte Ventures, AsterX, and others. 

TELUS Global Ventures (TGV), the corporate venture capital arm of TELUS Communications, was founded in 2001 and is based in Vancouver, Canada. TGV leverages the broader TELUS network to promote portfolio company solutions and connect them with opportunities across its ecosystem. 

Optable Use of Funds 

The company will use the funds to fuel U.S. growth. With 2025 in focus, Optable aims to expand partnerships with publishers and platforms. 

About Optable 

Founded by Yves Poiré, Vlad Stesin, and Bosko Milekic, Optable is a Montreal, Canada-based identity management and collaboration platform designed for the advertising ecosystem in the age of privacy. It provides privacy tools such as data clean rooms and audience identity management solutions. 

Funding Details

Company: Optable Technologies Inc. 

Raised: $20.0M 

Round: Series A 

Funding Date: January 2025 

Lead Investor: TELUS Global Ventures 

Additional Investors: Hearst Ventures, Brightspark Ventures, Desjardins Capital, Deloitte Ventures, AsterX 

Company Website: https://www.optable.co/  

Software Category: Identity Management 

Source: https://www.prnewswire.com/news-releases/optable-raises-20m-fueling-us-growth-302359213.html