TickSmith, a Montreal, QC-based provides a cloud-based Enterprise Data Web Store that enables firms to monetize their data, announced an investment of $20 million in Series A Funding to further market their game-changing data selling platform.

The round was led by Investissement Québec and followed by Fonds de solidarité FTQ, CME Ventures, Databricks Ventures, with additional funding from existing investors Anges Québec, Anges Québec Capital and Illuminate Financial Management. 

The new funding is aimed at expanding their sales and marketing, as well as commercializing their Data Web Store across new industry segments.

Company: TickSmith Corp. 

Raised: $20.0M

Round: Series A

Funding Month: January 2022

Lead Investors: Investissement Québec

Additional Investors: Fonds de solidarité FTQ, CME Ventures, Databricks Ventures, Anges Québec, Anges Québec Capital and Illuminate Financial Management

Company Website: https://www.ticksmith.com/

Software Category: Data Web Store

About the Company: TickSmith provides a cloud-based Enterprise Data Web Store that enables firms to monetize their data. TickSmith’s Data Web Store is a B2B SaaS platform that enables an e-commerce data shopping experience by providing all the tools necessary to prepare, manage, package, and monetize data. Already enabling the world’s leading exchanges and financial institutions to generate new revenue streams and increase their customer base, the Enterprise Data Web Store provides a proven, secure, end-to-end solution that removes the complexities of selling and buying data.

Source: https://www.ticksmith.com/news/ticksmith-raises-20m-series-a-funding/