Today's News

Vancouver, BC, June 23, 2022--(T-Net)--Vancouver-based performance tech startup company Impro.AI announced today the closing of a $2.25M seed financing round led by Panache Ventures, Good New Ventures and EEI.

Impro's platform enables executives, leaders and all employees to manage with clarity through an integrated and data-driven coaching, mentoring and consulting solution. Leaders and employees adopt new work habits using Impro's 5 minute per day, micro-coaching app while executives optimize their company's overall performance leveraging the organization-wide insights provided by the Impro platform.

Impro says it will put the funds to work by amplifying their R&D work across platform, AI and methodology development, as well as by further expanding their global footprint of corporate clients across North America and Europe.

Impro says it will benefit from the backing of its angel investors who are also active advisors to the company's founder team. They include:

• Dr. Sheldon Elman, Chairman at Esplanade Ventures
• Stuart M. Elman, Managing Partner at Persistence Capital Partners
• Irfhan Rawji, Managing Partner at Relay Ventures
• Rich Osborn, Managing Partner at RecapHealth Ventures
• Blayke Hale, Managing Partner at BC Growth Equity
• Rasool Rayani, Venture Partner at Inovia Capital
• Jason Smith, CEO at Klue
• Ryan Benn, CEO at Alive Publishing Group
• François-Pierre Chevalier, past Co-President at Bio-K+ International

Josh Blair, Co-Founder & CEO, Impro

"The successful and full closing of our seed round, in a challenging fundraising environment, is a testament to the commercial traction that our Impro team has achieved to date as well as our compelling vision for the future." said Josh Blair, Co-Founder & CEO, Impro.

Maya Liberman, Co-Founder & COO, Impro

COO Maya Liberman added, "We will soon complement our in-market, data-driven consulting and coaching services with our mentoring platform that corporations can deploy in order to radically expand the reach of one-to-one business mentorship within their workforce."

Patrick Lor, Managing Partner, Panache Ventures said, "We have been very impressed by the level of professional and personal growth that managers and employees experience through the Impro platform. They see rapid improvements via just a few minutes of daily interaction with Impro, and companies benefit from increased overall team engagement and performance."

About Impro.AI

Impro.AI provides data-driven insights and tools that every executive needs to understand and optimize their company's management behavior. We help organizations, leaders and individuals to manage from clarity. By combining the best capabilities of AI and human mentorship, we offer a strategic solution that is systemic across coaching, mentoring, training and consulting. We help all employees, and their company as a whole, to realize new insights and improve performance, every day.