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Flow Capital Corp ( (TSE:FW) ) has shared an announcement.
Flow Capital Corp. has made a US$3.0 million follow-on investment in Congruity 360, a provider of unstructured data management and risk mitigation solutions, as part of a larger equity financing round. The new capital increases Flow Capital’s total investment in Congruity 360 to US$8.0 million, underscoring its confidence in the portfolio company’s leadership, market opportunity, and growth trajectory, while reinforcing Flow’s positioning as a key source of founder-friendly, covenant-light growth capital for technology companies.
More about Flow Capital Corp
Flow Capital Corp. is a Toronto-based, publicly listed provider of flexible growth capital, alternative debt solutions, and small equity investments for high-growth companies. Since 2018, it has financed revenue-generating, VC-backed, and founder-owned businesses in the US, UK, and Canada, typically supplying $2 million to $10 million to support expansion while avoiding the dilution of traditional equity raises and the constraints of conventional bank loans.
Average Trading Volume: 31,307
Technical Sentiment Signal: Hold
Current Market Cap: C$23.58M
For an in-depth examination of FW stock, go to TipRanks’ Overview page.