As a young growth business people are always asking our strategic initiatives such as approach to raising capital, acquiring new customers, developing an international presence, and more recently our experience of publicly listed our company on the Toronto Venture Exchange. We decided we’d document our big day at our opening ceremony, and show a behind the scenes look of ringing the bell. We are honoured by the feedback to date and the support of all of our team, customers, and industry stakeholders. We look forward to an exciting year in 2018!
Below is the full video transcript:
“It’s my great pleasure this morning on behalf the TSX Venture Exchange and on behalf all the TMX group to welcome Katipult to open market.”
Katipult was originally a bootstrap business. We started this company in a one bedroom condo with a credit card that we bought our first set of computers with.We are three years into building a pretty sophisticated product for the private capital markets. We are working with alternative investment firms to move their operations online.
The first three years were really building out a product. It wasn’t a scalable product and it wasn’t a scalable team so we have now reached that milestone, and 2018 for us is all about growth, so that’s building out our sales and marketing team which is very small at the moment. It’s also moving us into different technology like decentralizing some of the components of our software using blockchain. I think that is something exciting to the market, it’s something that is exciting as a company and it’s something that is exciting for our customers.
Building a company takes a community, your customers, your investors, your team. For us doing a public listing made a lot of sense. What you don’t hear a lot of times with the venture capital community are the failures, you hear only about the success cases and what happens is, a lot of companies get kind of stuck in that phase, in between funding rounds. We thought that coming on the public exchange gives us a lot of different opportunities. We have done a lot of things in crowdfunding ourselves with our software so I think it is kind of a true way for us to tap into a larger audience. We are excited to be here, definitely want to thank everyone that came today. It’s a pretty exciting day for us and I think 2018 is going to be a big year for Katipult so stay tuned!
