Vancouver’s TIMIA Capital has acquired Pivot Financial and their loan book for $6 million. Toronto’s Pivot is a private lender focused on creative financing solutions for the small and medium business market. TIMIA has developed a proprietary, scalable, technology-driven fintech platform to originate investments and earn higher risk-adjusted returns. The Pivot management team will join […]
TIMIA Capital
TIMIA Capital Provides $2 Million In Financing For RocketRez
Steinbach, Manitoba’s RocketRez announced today it has raised USD $5 million from Blueprint Equity and an additional CAD $2 million in revenue-based financing from Vancouver’s TIMIA Capital. RocketRez’s cloud-based platform allows tours and attractions to maximize their customer experience, such as allowing businesses to easily manage customer flow in accordance with COVID guidelines. TIMIA provides […]
Venture Capital Deal Activity Robust In B.C. During Q3 2020
Hockeystick has released their BC Tech Report for Q3 2020 that summarizes venture capital deal activity in Q3. COVID-19 has not slowed down deal activity in the region, but its impact can be seen in the types of companies raising funds, exemplified by Thinkific’s $22 million raise to address remote learning demand attributed to COVID-19 changes […]
Attendease Lands $1 Million From TIMIA For SaaS Platform
Out with the old, in with the new. Earlier this week TIMIA Capital announced its successful ‘exit’ from their financing for 7Geese which was acquired by Human Capital Management Leader, Paycor. Yesterday event automation startup Attendease announced they raised $1 million of their own from TIMIA. TIMIA provides financing to SaaS companies in exchange for […]
As Over-Funded Unicorns Lose Their Shine, Is Bootstrapping Finally Becoming Newsworthy?
Over the past 12 months, we’ve seen the fall from grace of many of the previously celebrated (yet grossly over-funded) unicorns like WeWork, Uber, and Peloton. These companies received far more than their fair share of media coverage over the past decade. Perhaps it’s for this reason that the media is finally turning its focus […]
BasicGov Pays Back TIMIA’s Founder-Friendly Capital
TIMIA Capital’s “frictionless SaaS financing” promises to allow entrepreneurs to grow their business without giving up control. Founder-friendly capital is becoming more common and popular thanks to creative specialty finance companies and, more recently, media darlings like Toronto’s Clearbanc who are offering non-dilutive, revenue-share agreements to fund startup growth. TIMIA is an early pioneer of […]