Canadian Startup Method Raises $3 Million Led by Klass Capital

Posted by Rob Lewis

Toronto-based Method today revealed it has closed a $3 million dollar round of funding led by Klass Capital.

The CRM solution startup says that it will use the cash to kickstart a platform redesign and accelerate integrations with other bookkeeping software such as FreshBooks. The Canadian startup also hopes to expand its international presence, particularly in the US and Europe.

SEE ALSO: FreshBooks Rolls Out Automatic Expense Import Across North America

Method isn't a new startup, but this is the first time the Toronto company has taken money from an outside source. The startup is now 25 employees strong.

“What we do is we allow non-developers to create and customize apps using drag-and-drop building blocks rather than code,” founder Paul Jackson explained to TechCrunch. “So if you think of a small business, rather than layering on another app on top of their many apps to solve problems, they can just customize an existing screen or an existing process in their existing CRM. We feel this allows them to be more agile and more efficient, since we allow them to have a system that adapts to them."

Company:
Klass Capital
Website:
http://www.klasscapital.com
Location:
Toronto, Ontario, Canada

We are a Growth Equity firm established to provide expansion stage capital to high growth enterprise software businesses. We are backed by a $50 billion dollar pension plan and a number of institutional investors and high net worth entrepreneurs. We target investing between $2mm and $20mm of equity in growth oriented technology companies that have achieved over $500,000 in sales. We move quickly, have a... more

Company:
Method:CRM
Website:
http://www.method.me
Location:
Toronto, Ontario, Canada

Method specializes in CRM for QuickBooks. With a 5-star rating on Intuit Apps.com and Google Apps Marketplace, Method is the top-rated CRM for QuickBooks. Why do QuickBooks users love Method CRM? 1) We Sync with QuickBooks Better than Anyone. Our industry-leading, patented sync technology means data is only entered ONCE. Our customers save time every day because their data is organized and always in sync. And... more


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Rob Lewis

Rob Lewis

Rob is the President of Techvibes Media and Editor-in-Chief of Techvibes.com.  His diverse background includes stints in International Trade Finance, Web Development, and Enterprise Software and he is a graduate of the University of British Columbia, British Columbia Institute of Technology, and Simon Fraser University. When not running Canada's leading technology media property, Rob can be... more



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