Montreal's TrackTik Raises $1 Million Round Led by Klass Capital

Klass Capital announced today an investment in TrackTik.

TrackTik, an integrated guard management solution provider, raised $1 million in financing. Most of the money came from Klass, but also participating in the round was Jordan Banks, Managing Director of Facebook Canada; Craig Campbell, former CEO of Total Security Management (which he sold to Garda in 2013); and Adrian Schauer, former founder of Vortex Connect (which he sold in 2012).

Klass says it plans to make a more substantial investment in the Montreal-based startup, which provides compliance, tracking, and scheduling solutions for the security guard industry, in the future as the company continues to scale its sales and build its team.

“We are excited to make our first investment in Quebec,” said Daniel Klass, president of Klass Capital. “This is an appealing opportunity to partner with an exceptional entrepreneur, who has very quickly gained traction in the security industry.”

“This investment will allow us to fully execute our growth strategy and thereby position TrackTik as the industry leader," added Simon Ferragne, founder of TrackTik.

Klass Capital
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... more

Montréal, Québec, Canada

At TrackTik, we believe that managing your security business should be simple and stress-free. So simple, in fact, that it’s almost intuitive. The day-to-day takes care of itself. Your employees are dependable. Your customers are satisfied. Your reputation is golden. Your business is steady. We also believe that technology can provide the tools to make that happen — can give you the additional... more

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