Montreal – December 3, 2018 – Espresso Capital is pleased to announce the opening of its new Montreal office, expanding its industry leading venture debt capabilities to serve companies in Quebec’s growing technology sector.
Since its inception in 2009, Espresso Capital has a developed a strong track record of success in providing flexible and non-dilutive funding options to Canada’s thriving technology industry, including funding more than 240 Canadian software-as-a-service (SaaS) and other technology firms.
With the opening of the Montreal office, Espresso looks forward to expanding its client base in Quebec and to supporting the strong growth of the technology sector in the province. Firms in Quebec’s burgeoning technology sector will be able to take advantage of the flexibility and increased control of their business that Espresso Capital’s venture debt offering provides.
“Without question there is huge potential in Quebec,” says Jean-Michel Domard, Espresso Capital’s Director of Eastern Canada. “The ecosystem has grown considerably in recent years and is now one of the most active in Canada.”
“I truly believe that Espresso will play an important role in continuing to develop Quebec’s innovative and dynamic tech sector,” Domard adds.
“We are very excited to be establishing our Montreal office,” says Alkarim Jivraj, CEO, Espresso Capital. “This is a very important step for Espresso. We see enormous momentum in Quebec, and with Jean-Michel we feel we have the right leader to build what we hope will become the leading independent venture debt provider to the next generation of world-leading companies in the province.”
About Espresso Capital
Espresso empowers companies with innovative venture debt solutions. Since 2009, we’ve helped more than 270 technology companies and their investors accelerate growth, extend runway, and increase strategic flexibility with non-dilutive capital. Learn more at www.espressocapital.com.
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