# Collage Technologies

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/collage-technologies

- Industry: Software
- Headquarters: Toronto, Canada
- Website: www.collage.co
- Total disclosed funding: $3.8M
- Latest round: Seed (Feb 15, 2017)
- Investors on record: 2

## About

Collage Technologies Inc. is a Canadian provider of Human Resource Management Software (HRMS) solutions that enhance HR processes through automation and integration, specifically targeting small to medium-sized enterprises.Founded in 2016, Collage Technologies Inc. is headquartered in Toronto, Canada, and specializes in Human Resource Management Software solutions. The company was co-founded by Elijah Moore, Peter Demangos, and Steven Hanna. In November 2019, Collage Technologies was acquired by People Corporation Inc., although the financial terms of the acquisition were not disclosed. The company has executed two deals to date, with its most recent funding round being a Seed round of CAD 5.000 mn led by Diagram Ventures, bringing the total amount raised to CAD 5.000 mn.Collage HR offers a comprehensive suite of Human Resource Management Software (HRMS) solutions designed to streamline and centralize various HR processes for Canadian businesses. Its core product offerings include payroll management, employee onboarding, applicant tracking systems, performance management, and training workflows. These services aim to eliminate inefficiencies associated with traditional HR methods by automating workflows, integrating real-time data, and simplifying administrative tasks. Collage HR particularly serves small to medium-sized enterprises across Canada, helping them manage employee data, time off, and recruitment activities efficiently.Collage HR operates primarily on a subscription-based revenue model, where clients pay for access to its HR software services. Transactions involve a monthly or annual fee structure granting comprehensive access to the platform's modules, such as payroll, applicant tracking, and performance management. This business model supports a recurring revenue stream and fosters long-term partnerships with clients as they optimize their HR operations through Collage HR’s solutions.Following the acquisition by People Corporation Inc. in November 2019, Collage Technologies Inc. aims to leverage new resources for enhancing product development and expanding market reach. The company is focused on introducing new features to its HRMS offerings and is exploring expansion into additional Canadian provinces. The recent funding will be utilized to enhance product features and support the planned expansion efforts.

## Funding rounds

- Seed, Feb 15, 2017, $3.8M — Portage Ventures, Diagram

## Investors

- Portage Ventures (https://capitalatlas.ai/funds/portage-ventures) — Seed
- Diagram (https://capitalatlas.ai/funds/diagram) — Seed