Virtual Gurus, a Calgary, Alberta, Canada-based marketplace that matches organizations with skilled remote administrative talent while providing income earning opportunities to underrepresented individuals, closed a combined $8.4m Series A and non-dilutive funding round.
Anchored by lead investor, the TELUS Pollinator Fund for Good, and supported by other key investors including Raven Indigenous Capital Partners, The51, The Houssian Foundation and Accelerate Fund, Virtual Gurus’ cumulative funding since February 2020 now totals $10.4m.
The funding raised in the Series A will see the team introduce machine learning into high return on investment areas of the business while continuing to expand its technology platform, and accelerate the expansion into the United States, which currently accounts for 38 per cent of the company’s revenue.
Led by Bobbie Racette, Founder and CEO, Virtual Gurus is a talent marketplace that leverages proprietary technology to match organizations with highly skilled Canadian and American virtual assistants. The company creates meaningful earning opportunities for people seeking an alternative to the nine to five office work week, while championing BIPOC people, people from the LGBTQ2S+ community, single and stay-at-home parents, and those with alternate abilities. Companies such as OutTV, Borrowell and 3Strands Global Foundation have realized time and cost savings, gained productivity and supported their Environmental, Social & Governance (ESG) goals by accessing the company’s monthly subscription service and leveraging the administrative support they provide.
Beyond providing access to quality work opportunities and income, Virtual Gurus also supports work readiness through the Virtual Gurus Academy. Individuals can leverage the online learning opportunities to upskill and keep up with evolving technology to support their continued development as a virtual assistant.
FinSMEs
15/03/2022