Loft1 develops software that digitizes whiteboard and marker content into editable, searchable notes. The company is based in Fredericton and aims to ship a high-demand mobile solution for broader commercial use. Loft1 plans to announce access to an initial product at the end of the month and expects a version for early users within two months. Leadership says recent funding from government programs and regional investors has helped the team rethink product design and accelerate development. The company has hired employees from outside the region and is working to hire locally as it scales. Loft1 positions its product for use in workplaces and classrooms to reduce manual note-taking during presentations and brainstorming sessions.

Total raised

$251M

Funding rounds

4

Latest round

Equity

Latest activity

Jul 2016