MONTREAL - AppDirect Inc., a prominent software company with a valuation exceeding $1 billion, has garnered a fresh $100 million investment from la Caisse de dépôt et placement du Québec (CDPQ). This latest infusion of capital follows a previous investment by CDPQ in 2021, reinforcing the financial institution's commitment to the firm.
AppDirect, headquartered in Montreal, operates a thriving digital commerce platform that currently serves five million subscribers and supports a network of over 10,000 technology advisers. The company is on the cusp of launching an innovative AI marketplace, which is anticipated to further enhance its offerings and expand its reach within the digital commerce sector.
One of the key strategic objectives for AppDirect is the expansion of user financing options, a move that is expected to provide additional flexibility and resources for users of its platform.
The information in this article is based on a press release statement.
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