About PureFacts
PureFacts is a company based in Toronto (Canada) founded in 2010 by Robert Madej and Rob Madej was acquired by GrowthCurve Capital in August 2024.. PureFacts has raised $61.02 million across 3 funding rounds from investors including Scotiabank, Canadian Business Growth Fund and Round13 Capital. PureFacts has completed 4 acquisitions, including Cascades Financial Solutions, Quartal FS and VennScience. PureFacts operates in a competitive market with competitors including Zafin, Computershare, Pegasystems, Talisma and Zipari, among others.
- Headquarter Toronto, Canada
- Founders Robert Madej, Rob Madej
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Sectors
Financial ServicesTechnology
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$61.02 M (USD)
in 3 rounds
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Latest Funding Round
$8.68 M (USD), Series C
Mar 29, 2023
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Investors
Scotiabank
& 3 more
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Employee Count
Employee Count
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Investments & Acquisitions
Cascades Financial Solutions
& 3 more
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Acquired by
GrowthCurve Capital
(Aug 12, 2024)
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Funding Insights of PureFacts
PureFacts has successfully raised a total of $61.02M across 3 strategic funding rounds. The most recent funding activity was a Series C round of $8.68 million completed in March 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Series C — $8.7M
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First Round
First Round
(25 Nov 2020)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2023 | Amount | Series C - PureFacts | Valuation |
investors |
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| Dec, 2021 | Amount | Series C - PureFacts | Valuation | Canadian Business Growth Fund | |
| Nov, 2020 | Amount | Series B - PureFacts | Valuation | Scotiabank , Round13 |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in PureFacts
PureFacts has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Scotiabank, Canadian Business Growth Fund and Round13 Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Growth capital investments are made by this private equity firm.
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Founded Year | Domain | Location | |
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Round13 Capital is engaged in venture capital investments across Canada.
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Founded Year | Domain | Location | |
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Commercial banking services are provided internationally by Scotiabank.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by PureFacts
PureFacts has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include Cascades Financial Solutions, Quartal FS and VennScience. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Cloud-based retirement and estate planning platform is provided.
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2016 | ||||
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Salesforce implementation, consulting, and restoration services are provided.
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2013 | ||||
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Software solutions for wealth, capital, and insurance management are delivered.
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1999 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - PureFacts
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Purefacts Comparisons
Competitors of PureFacts
PureFacts operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Zafin, Computershare, Pegasystems, Talisma and Zipari, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Software solutions for relationship banking in financial services are delivered.
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| domain | founded_year | HQ Location |
Client communication solutions are delivered for capital markets stakeholders.
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| domain | founded_year | HQ Location |
Wealth management solutions via AI decisioning and automation are provided.
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| domain | founded_year | HQ Location |
Customer relationship management software is provided for omnichannel engagement.
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| domain | founded_year | HQ Location |
Provider of cloud-based customer experience management platform for payers
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Purefacts
Frequently Asked Questions about PureFacts
When was PureFacts founded?
PureFacts was founded in 2010 and raised its 1st funding round 10 years after it was founded.
Where is PureFacts located?
PureFacts is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.
Who is the current CEO of PureFacts?
Robert Madej is the current CEO of PureFacts. They have also founded this company.
Is PureFacts a funded company?
PureFacts is a funded company, having raised a total of $61.02M across 3 funding rounds to date. The company's 1st funding round was a Series B of $15.34M, raised on Nov 25, 2020.
What does PureFacts do?
PureFacts was founded in 2010 and is based in Toronto, Canada. CRM solutions are delivered to the wealth management sector, incorporating portfolio views, transaction summaries, client data management, and reporting features. A dedicated reporting portal is offered, along with data aggregation services, augmented intelligence capabilities, and fee calculation tools to support industry operations.
Who are the top competitors of PureFacts?
How many acquisitions has PureFacts made?
PureFacts has made 4 acquisitions, including Cascades Financial Solutions, Quartal FS, and VennScience.
Who are PureFacts's investors?
PureFacts has 4 investors. Key investors include Scotiabank, Canadian Business Growth Fund, Round13 Capital, and GrowthCurve Capital.
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