Tech Company Financing Transactions
Tough Commerce Funding Round
Tough Commerce, operating out of Toronto, Ontario, received $1.5 million from private investors, Groupe PSC and Legacy Capital Ventures.
Transaction Overview
Company Name
Announced On
5/18/2023
Transaction Type
Venture Equity
Amount
$1,477,000
Round
Undisclosed
Investors
private investors (Lead Investor) (Ronald Richardson)
private investors (Willem Bergen)
Proceeds Purpose
The company intends to use the funds to expand operations and its business reach.
Company Information
Company Status
Private & Independent
Industry
ECommerce
Mailing Address
215 Spadina Avenue 4th Floor
Toronto, Ontario, M5T 2C7
CA
Toronto, Ontario, M5T 2C7
CA
Phone
Website
Email Address
Overview
Tough Commerce is the only white-label commerce platform tailored for industry-specific workflows and enable merchants, suppliers, producers and manufacturers to digitize their processes. Behind the scenes, we provides order management, location management, pricing management, dispatching, logistics, messaging, e-ticketing, invoicing, customer portal, AR automation, payment, payouts and real-time delivery capabilities through driver app. With financial and operational ERP integrations, our technology can operate stand-alone or seamlessly alongside deeply integrated products.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Jordan Latourelle
Chief Financial Officer
Wynand Stassen
Chief Technical Officer
Oleksii Babichev
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We document every notable VC transaction. VC investment data records on this site are sourced from a variety of public sources. The information is sourced from VentureDeal.com, an affiliated venture.
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