Propulso Secures CAD 2.6 Million in Funding

by Kay Aloha Villamor in June 24th, 2024

Propulso, a Magog, Canada-based company that specializes in ethical data optimization, secured CAD 2.6 million in funding.  


The round was backed by Investissement Québec, Anges Québec, and AQC Capital.   

Propulso Use of Funds  

The company will use the funding to expand its workforce and enhance its research and development capabilities, preparing it for both domestic growth and international expansion, including entry into the American market by 2025.  

About Propulso  

Founded in 2017, Propulso is a provider of cloud-based geo-marketing and location-based ad targeting platforms intended for the advertising field. The company's platform offers self-service tools that help advertisers target users based and GPS and geolocations for delivering personalizing social advertisements. Its platform is used by agencies, companies, and organizations from a variety of backgrounds, from market research to marketing campaigns to predicting trends with artificial intelligence.  

Funding Details                               

Company: Propulso  

Raised: CAD 2.6M  

Round: Unknown    

Funding Month: June 2024                                            

Investors: Investissement Québec, Anges Québec, AQC Capital  

Company Website:   

Software Category: Geo-Marketing and Location


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