Vectio Technologies secures pre-seed angel financing

Vectio Technologies Inc. has raised undisclosed amount in a pre-seed round of financing from a group of angel investors.

Proceeds will be used for the ongoing development of its lead product, Vectio, which provides one to 20 truck companies with simple software for running an entire trucking operation.

With this initial raise Vectio is funded through the calendar third quarter of 2017. Its priorities will be building on Vectio’s functionality and driving North American market penetration.

photo credit: pixabay

Ted Liu

Ted Liu, M.Sc. (Mining, Queen's), MBA (Finance, Toronto), is the Editor of Private Capital Journal, CanadaMetals.ca, TechWire.ca, and the former Editor of Canadian Private Equity. Ted has been passionately tracking Canadian private capital industry since 1992, having most recently served as Research Director for The Canadian Venture Capital and Private Equity Association (CVCA).

Ted is the architect of CVCA infobase, and is the architect of CPE Media's Financings.ca, Canada's most sophisticated and advanced all private capital and public market financing database.