Toushay Inc.

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Toushay Inc. - overview

Location

Ottawa, ON, Canada

Primary Industry

IT Infrastructure

About

Toushay Inc. specializes in advanced technology solutions, focusing on enhancing business communications and customer engagement through innovative software and cloud-based services. Toushay Inc. operates from Ottawa, Canada, delivering impactful technology solutions for businesses.


Founded through individual entrepreneurial efforts, the company has made significant strides in the tech sector. In May 2012, Toushay Inc. raised USD 0. 75 mn in Seed financing from FedDev Ontario.


The total amount raised by the company stands at USD 0. 75 mn. Toushay Inc. focuses on providing investment management in next-generation Cloud and Software as a Service (SaaS) applications.


Their solutions address challenges in fixed and mobile communications, video analytics, security, customer engagement, and business enablement, serving a diverse clientele including startups and established corporations across North America, Europe, and Asia. Toushay Inc. generates revenue through structured investments in its portfolio companies. The revenue streams typically involve subscription-based services and business-to-business transactions, where clients pay for access to technology solutions offered by Toushay's portfolio.


The firm engages in substantial contracts with clients utilizing its Cloud and SaaS offerings, creating recurring revenue streams over subscription periods. Toushay Inc. plans to leverage its recent Seed funding of USD 0. 75 mn raised in May 2012 to enhance its product offerings and expand into new geographic markets.


The company is focused on developing innovative Cloud and SaaS solutions, with plans to launch new products aimed at improving customer engagement and operational efficiency. Specific markets targeted for expansion include the European technology sector by 2023, reflecting a strategic move to bolster its international presence.


Current Investors

FedDev Ontario

Primary Industry

IT Infrastructure

Sub Industries

IT Infrastructure

Website

www.toushay.com

Verticals

Mobile Apps

Company Stage

Angel & Seed

Total Amount Raised

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