
EDC
300 Fifth Avenue, Suite 2010, Waltham, MA, 02451, United States
Overview
EDC is a global nonprofit organization that designs, delivers and evaluates innovative programs to address some of the world's most urgent challenges in education, health, and economic opportunity. Working with public-sector and private partners, we harness the power of people and systems to improve education, health promotion and care, workforce preparation, communications technologies, and civic engagement.
- Total investments
- 10
- Lead investments
- 0
- Investments · 12mo
- 1
- Active investors
- 4
Sector focus
- Collaboration
- Education
- Health Care
- Non Profit
- Social Impact
Investment portfolio
- SPARK Microsystems
Participated · Series B · Mar 2026
SPARK Microsystems designs and develops next-generation short-range wireless communication devices using its patented LE-UWB™ technology, targeting consumer, industrial and medical applications. The company emphasizes ultra-low-power, high-speed connectivity with strong interference robustness and very low latency, and its technology supports ranging and positioning as well as data communication. SPARK cites use cases including wearables, peripherals, tags, sensors and other IoT-connected devices. The firm participates in Canada’s FABrIC initiative and is collaborating with Motsai, Bittele Electronics and C2MI for design, prototyping and manufacturing. SPARK was awarded a CAD $1 million FABrIC grant from the Government of Canada to support product development under the IoT Device Challenge. The article does not provide revenue, user, or valuation metrics.
- Super.com
Participated · Equity · Apr 2023
Super.com operates a membership-based savings platform (Super+) that charges $15 per month and provides members discounts on hotels of up to 40%, cashback on purchases, prescription discounts, cash advances, and tools to build credit. The company started in 2016 as SnapTravel and pivoted into a broader savings app targeting everyday Americans. Super+ is approaching one million members and the company reports it has helped users save over $1 billion. Financially, Super.com surpassed $200 million in net revenue, grew more than 50% year-over-year, and has turned profitable. The company has about 300 employees and has added senior hires such as Ryan Fujiu (product) and Michele Lee (general counsel). It has also entered partnerships like becoming NASCAR’s official savings partner to reach its target customer base.
- Symend
Participated · Equity · Nov 2022
Symend is a SaaS company that delivers Behavioral Engagement Technology to create hyper-personalized digital experiences across the customer journey. Its platform aims to turn difficult conversations and everyday moments into positive experiences by adapting as customers change. The company is led by CEO Hanif Joshaghani and focuses on helping enterprises create and keep customers for longer. Symend intends to use the new funding to accelerate growth and expand globally. Founded in 2016, the company has operations across Canada, the United States and Latin America. The articles report the company raised over $40M in growth funding from a group of institutional investors. Symend builds behavioral analytics integrated with customer-engagement tools to identify customers struggling to pay bills and offer payment alternatives to avoid defaults. The company combines client data with third-party resources and applies AI/ML, behavioral science (about 25% of staff are behavioral science PhDs) and NLP-based sentiment analysis to personalize outreach and self-serve tools. Symend primarily serves telecommunications, financial services, utilities and media clients and says it counts two-thirds of major North American telecommunications providers and a multinational bank among its customers. Last year the company said it was on track to work with 100 million end customers by the end of 2020. Financially, Symend announced a $43M extension to its Series B, bringing that round to $95M and over $100M raised since its 2016 founding. The company plans to use the funding to hire internationally (targeting Latin America and Asia-Pacific), and to expand its product set into customer retention and acquisition tools alongside further investment in its defaults-prevention offering. Symend builds behavioral-analytics-driven customer engagement tools that identify customers having trouble with bills and suggest alternatives (deferred payments, payment holidays, etc.) to prevent defaults. The platform applies AI and behavioral science (about 25% of staff are PhDs) to tailor interventions and preserve customer relationships while recovering payments. Symend reports it has "treated" roughly 10 million customers to date and the CEO estimates it will have treated 100 million customers by the end of this year. Pricing is not tied to downstream performance, but the company says customers see an average 10x ROI on their investment in the service. Symend was founded in 2016 and positions its product to help clients manage a surge in customers struggling to pay amid worsening economic conditions. The company plans to scale its operations to meet a massive boom in demand for its services. Symend is a Calgary, AB, Canada–based fintech startup that provides a software-as-a-service solution to help utility providers, telecoms, and unsecured credit card suppliers recover customer debt. Its tools include automation of collection information, customer outreach, and flexible payment options. The company intends to build out its prototype using a combination of automation, predictive analytics, and positive collection tactics to help pilot customers. Symend operates a SaaS model focused on improving collections outcomes through technology and customer outreach. Co-founders are Hanif Joshaghani (CEO) and Tiffany Kaminsky (CMO), joined by CTO Joseph King. As of the article, Symend had raised $1M in seed funding from unnamed business angels to support prototype development.
- ProNavigator
Participated · Equity · Sep 2022
ProNavigator offers a purpose-built SaaS knowledge management platform for the insurance industry that leverages AI, chat, smart dialogue systems, machine learning and natural language processing to surface mission-critical information. The platform helps insurance professionals store, manage and use documents that sit outside policy management systems and AMSs, and the company says thousands of insurance professionals use the award-winning product daily. In September 2022 ProNavigator closed $10.0M in growth equity financing to support expansion. The round was co-led by Graphite Ventures and returning investor Luge Capital, with participation from EDC, Tactico and CIBC Innovation Banking. ProNavigator will use the proceeds to accelerate U.S. and Canadian sales, advance product development, and grow the team. Founder and CEO Joseph D'Souza will lead the U.S. expansion from a new second headquarters in Raleigh, North Carolina. ProNavigator provides an AI-powered natural language platform offering chat and voice virtual assistants tailored to the insurance industry. Its models are trained on hundreds of thousands of real insurance conversations and the company offers packaged assistants for sales, service, underwriting, and claims. Products include a chat assistant and a voice assistant that can integrate with Amazon Alexa and Google Assistant, and the assistants can be customized and integrated into existing insurance platforms. ProNavigator says its virtual assistants have automated or semi-automated more than 50% of customer claims, underwriting, service, and sales tasks for clients. Since launching in 2016 the company has signed 80 clients in North America, roughly 75% of which are in Canada, and has opened a satellite sales and marketing office in Chicago. The company plans to use recent funding to expand into the US, grow its Waterloo R&D team (adding about 10 employees to its current 20) and build out phone-line voice calling slated for release in the latter half of 2019.
- iRestify
Participated · Equity · Mar 2022
iRestify is a Toronto-based PropTech company that uses technology to digitize and simplify building maintenance workflows for property managers and building owners. Its platform can handle enterprise-level, multi-residential, and commercial properties. The platform has been adopted by property management brands including Minto and Canadian Urban. The company is led by serial entrepreneurs Erifili Morfidis and Charlotte Gummesson. iRestify raised CAD$6M in funding and intends to use the proceeds to expand into the United States. iRestify provides a platform that lets property management companies manage cleaning and maintenance services at scale via a mobile and web app. The app offers live updates on cleaning crews’ progress, remote quality inspections, image sharing, chat, checklist uploads, and GPS tracking with live alerts. iRestify is currently managing over 32 million square feet of cleaning services for some of North America’s top property management companies. The company raised $2.4M in seed funding to support its growth. The round was led by Boston-based Converge, with participation from Birchmere Ventures and Export Development Canada. iRestify plans to use the funding to expand geographically across North America and continue scaling operations. iRestify is an online platform that streamlines booking and management of trusted, insured commercial cleaning services, cutting contracting time from weeks to days. The company was co-founded by Erifili Morfidis and Charlotte Gummesson and is based in Toronto. Its core product focuses on fast turnaround and insured service providers to simplify commercial cleaning procurement. iRestify announced a $1.0M funding round to support growth. Co-CEO Erifili Morfidis said the company is pleased with Maple Leaf Angels’ support and structured approach to investor introductions. The company expects to leverage investor mentoring and capital from Maple Leaf Angels members and other backers. No operating metrics such as revenue or user counts were disclosed in the article.