Voilà!, a Quebec City, CA-based all-in-one workforce management platform that offers tools to bring flexibility into the workplace, announced that it closed CAD13.75 million Series A funding.
The round was led by Walter Ventures, with participation from Desjardins Capital Investissement Quebec, Telegraph Hill Capital, Panache Ventures, Fondaction, Investissements Norco, and the American firm Azure Capital.
This funding round will allow the company to further its mission of helping businesses combat labor shortages.
Voilà!, released in 2016, delivers workforce optimization tools to simplify schedule management, staff replacements, as well as time and attendance tracking. The platform also leverages increased workforce mobility to enable managers to fill as many work shifts as possible.
"This funding will allow us to accelerate the company's growth in the United States and Canada. We are very grateful for the continued support of recognized local institutions Desjardins Capital and Investissement Québec, who have believed in our company mission," said Martin Ouellet, founder, and CEO of Voilà!. "We expect to create more than 50 additional jobs in software and business development within the next two years— in fact, we're looking to fill at least 20 positions as of today," continues the entrepreneur.
The company has been able to maintain a yearly growth rate of more than 300% despite the current economic climate by working with clients like Cook it, a forerunner in the meal kit industry, various participants in the Quebec health network, and SPAR Inc., a global company that provides services to the biggest retailers and consumer product companies worldwide.
Company: Flash Romeo Inc.
Raised: CAD13.75M
Round: Series A
Funding Month: October 2022
Lead Investors: Walter Ventures
Additional Investors: Desjardins Capital, Investissement Quebec, Telegraph Hill Capital, Panache Ventures, Fondaction, Investissements Norco, and the American firm Azure Capital
Company Website: https://voila.app/
Software Category: Workforce Management Platform
About the Company: Founded in 2016, Voilà! is a SaaS platform that helps flex-time businesses adapt their workforce management to the new realities of the workplace. The platform allows managers to maximize their use of employee availability and optimize the cost of their workforce with solutions for managing schedules, time and attendance, leave, and more. The platform stands out for its flexibility, which allows it to be adapted to various corporate structures, business rules, and collective agreements without compromising its user-friendliness for employees.
Source: https://www.businesswire.com/news/home/20221020005874/en/Workforce-Management-Platform-Voil%C3%A0%21-Raises-13-Million-Series-A-To-Help-Combat-Labor-Shortage