Vancouver startup QuickMobile, a mobile solutions company for the meetings and event apps industry, today announced that it has closed a $1.3 million investment from Vancity, Canada’s largest credit union.
The $1.3 million is in addition to a $2.3 million round of angel funding that QuickMobile announced in August, bringing the company’s recent funding total to $3.6 million.
“We are pleased to announce this investment from Vancity, an organization that is committed to helping Canadian businesses to be successful,” said Patrick Payne, president and CEO of QuickMobile. “The recent investments are validation of our efforts and signs of confidence from the investment community in our team and technology. Vancity is a great company and partner, and we plan to use its investment, along with the $2.3 million round we closed in August, to expand our customer base and enhance product development. We are excited about the growth we have experienced this past year, and we feel like we are just scratching the surface of our potential. There is a lot more to come from QuickMobile.”
“We were truly impressed with both the company’s growth, ranked as the 12th fastest growing company in British Columbia by Business in Vancouver, and positive impact of reducing paper waste by conference organizers,” said Todd Farrell, Investment Manager with Vancity’s Community Capital group. “QuickMobile is a great example of a company executing on a compelling commercial opportunity as well as delivering positive environmental and social benefits.”