Locorum, a marketing tech company based in London, Ont., has raised $1.2 million CAD in pre-seed funding as it looks to enter the United States (US) market.

Investors in the round include JNF Group, the Ontario Centre of Innovation, Outway CEO Rob Fraser, and Andrew Young, a mortgage broker at Axiom Mortgage Solutions. Locorum said 42 percent of the funds raised came from businesses and investors already using its platform.

Founded by Matt Santagapita and Carlon Farina in 2019,…(Read more)

Originally published on Betakit
Written by Charlize Alcaraz
Published on May 25, 2023