MARCH 10, 2016, TORONTO ON
– Daisy Intelligence Corporation, a
Canadian-based artificial intelligence
software-as-a-service company, is pleased to
announced that JSM Capital Inc. and Manjis Holdings
Ltd., both members of the Spark Angel Network (SAN),
have made a significant investment in its business.
Terms of the investment are confidential, however
the seven-figure private investment closed in the
last month.
The financing will be used to accelerate
sales and marketing efforts of Daisy’s suite of
AI-based services in the retail and insurance
industry as well as to continue to build the team
that supports these efforts.
“This investment is a tremendous vote of
confidence in our technology. It will help us
continue advancing our roadmap and propel our
growth.” said Gary Saarenvirta, CEO of Daisy
Intelligence. “We’re thrilled to have John
Madigan and Salim Manji join our Board of
Directors and look forward to drawing on their
extensive business expertise in helping us grow
the company.”
Previously known as makeplain Corporation, Daisy
Intelligence has been using advanced algorithms
and self-learning analytics to help their clients
make better operational decisions to drive bottom
line results.
“Daisy Intelligence is revolutionizing the retail
industry by applying artificial intelligence and
advanced machine learning to maximize the outcome
of everyday merchandising decisions.” said John
Madigan, President of JSM Capital Inc. “We’re
excited to invest in this vision and help the
company as it continues to reshape the industry.”
“We’re delighted to be involved with Daisy’s
future growth. In our past, we’ve seen remarkable
results when new technologies are appropriately
applied to help companies become more effective
and more profitable. We’re committed to supporting
investment opportunities that offer innovative
solutions and Daisy Intelligence is leading the
way in an exciting new transformation.” said Salim
Manji, President of Manjis Holdings Ltd..
About Daisy Intelligence Corporation
Daisy Intelligence Corporation is an artificial
intelligence software-as-a-service company that
analyzes very large quantities of our clients’
transaction and operational data in order to make
automated operational decision recommendations,
which retailers can capitalize on to improve their
business. Using our proprietary mathematical
solutions, Daisy Intelligence analyzes 100% of the
tradeoffs inherent in any complex business
question and provides weekly, specific
recommendations to help their corporate clients
grow their total sales, gross/net margin,
transactions and customers.
www.daisyintelligence.com
About Spark Angel Network
The Spark Angel Network (SAN) represents
Southeastern Toronto, Durham & Northumberland
for members seeking superior financial returns
from innovative, emerging technology firms that
respect and practice high ethical standards. Since
2012 the Spark Angel Network’s goal is to provide
the financial ‘spark’ and to act as a supportive
linkage between local entrepreneurs, seeking early
and mid-stage capital, and investors and business
leaders with a commitment to the economic
development of the Region and to the
entrepreneurial spirit within our community. As
one of 13 federally and provincially funded angel
organizations in Ontario, SAN is committed to
providing quality investment support and coaching
to market-ready companies, thereby ensuring the
best opportunity for growth and expansion.
www.sparkangels.ca
For more information, contact:
Gary Saarenvirta
Chief Executive Officer,
Daisy Intelligence Corporation
gsaarenvirta@daisyintel.com
905-642-2629 ext. 221
Garry Innanen
Director, Spark Angel
Network
ginnanen@sparkangels.ca
416.919.2085
