Hi Mama Inc.
|WHO||Software Developer for Child Care Industry|
|HOME BASE||Toronto, Ontario|
|JOBS MAINTAINED||39 FTE|
|JOBS CREATED||50 FTE|
Hi Mama Inc. is a developer of a digital software platform for the childcare industry that allows educators to record children's health, development and well-being on tablets using an app and to share information with parents through SMS, email, apps and website. The HiMama app is used by child care programs to replace pen and paper documentation in the classroom, communicate information to parents about their children, and help directors administer their programs.
SOFII provided funding for working capital to hire additional members for the sales team, and the customer support and product development team, maintaining a steady growth rate in the market.
"When we acquired SOFII funding we had all the right elements in place for growth, but just needed the capital necessary to execute on our plan. The non-dilutive funding from SOFII was what we needed to efficiently fuel our growth with hires in sales, customer success and engineering."