On June 18, 2020, Canadian Business Growth Fund (CBGF) announced its minority investment in ThoughtWire. The funding will be used to help fund platform development, customer success and for sales and marketing initiatives. ThoughtWire’s technology platform is used in property management and hospitals to achieve automation and provide real time guidance in order to predict and resolve issues, ensure safety, save energy and optimize experiences for tenants, clients and patients.
ThoughtWire is a Toronto based patented technology platform that creates a Digital Twin of its environment to drive efficient operations and aid in the management of assets and workflow processes.
CBGF is an investment firm specializing in providing Canadian businesses with capital, talent and expertise to fund the growth and expansion of mid-market businesses.
Osler, Hoskin & Harcourt LLP advised ThoughtWire with a team consisting of Chad Bayne, David Jamieson and Horatiu Porime (Emerging and High Growth Companies).