OUTSIDEIQ GETS CREATIVE TO RAISE GROWTH CAPITAL

June 17, 2016 One of the realities facing many Canadian startups is the challenge to attract growth capital, particularly to develop leading-edge technology. This was a fact of life for Toronto-based OutsideIQ, which spent several years developing technology that uses artificial intelligence and cognitive computing to automate due diligence reports for large financial institutions and […]

ESPRESSO EXPANDS SAAS AND WORKING CAPITAL FINANCING

January 10, 2016 Espresso is pleased to announce the launch of Fund V, significantly expanding the recurring revenue (SaaS) financing program we pioneered over three years ago. The new fund aims to capitalize on the growing demand from North American technology companies for venture debt. The fund also extends our working capital solutions beyond tax […]

STATE OF THE ANGELS: ESPRESSO TALKS TO KAREN GRANT OF ANGEL ONE

January 7, 2016 We sat down with Karen Grant, Director, Angel One Investor Network, to talk about the key trends impacting angel investors and the opportunities and challenges facing angels in today’s investing environment. Is this a good time to be an angel investor? I think it’s a great time to be an angel investor. […]

CLIENT SUCCESS: ESPRESSO HELPS HOMESTARS LAY THE FOUNDATION FOR GROWTH

January 7, 2016 When Nancy Peterson, Founder and CEO of home renovation contractor marketplace HomeStars, approached Espresso Capital for venture debt, she refused to take “no” for an answer. Espresso reviewed the opportunity but declined to invest. Notwithstanding, Peterson convinced Espresso CEO Alkarim Jivraj to become an advisor to HomeStars. “I was thinking about making […]

THE FOUR KINDS OF SAAS CHURN

January 7, 2016 “Churn” is too vague a word to be useful when talking about growing your SaaS business. You need more context to understand what someone means: revenue or customer churn? Billed monthly or annually? Gross churn, or net of upgrades? And which of the 43 ways is it being measured? When it comes to […]

EXCITING NEWS ABOUT ESPRESSO CAPITAL

August 31, 2015 I’m pleased to share some exciting news about our expansion plans. Since Espresso Capital was launched six years ago, we are proud to have provided fast, fairly priced and user-friendly risk capital to more than 200 early and expansion stage technology companies in Canada. This is an exciting time for the Canadian […]

STORYTELLING FOR STARTUPS

April 14, 2015 Storytelling has quickly emerged as one of the hottest marketing buzzwords. As someone who spent 15 years spinning tales on broadcast television, I welcome the hype. Five years ago I set out to use storytelling techniques to help corporate clients craft their message. It felt novel back then. Stories offered a way […]

SR&ED AUDITS: THE 10 STEP SURVIVAL GUIDE

February 2, 2015 If you file SR&ED claims, you know all too well that audits are now a common occurrence. In my early days as a SR&ED practitioner, defending claims chewed up a mere 15% of my billable time. In recent years that number has shot up to 40%. Filing a claim that is defendable […]

FINANCIAL REPORTING DIAGNOSTIC

October 2, 2014 The following are some diagnostic questions to gauge the quality of your financial reporting: On what basis are financial statements prepared? Accrual basis accounting matches the revenues to the expenses incurred to generate the same revenues in order to provide a more accurate view of profitability, whereas cash basis accounting essentially mirrors […]

HOW TO GET GREATER INSIGHT ON YOUR REVENUE PERFORMANCE

October 2, 2014 In the never-ending quest to obtain greater insight into business performance, companies routinely spend considerable time and resources in identifying the key performance indicators (“KPIs”) for organizational health and performance. Best in class companies religiously track their KPIs, often creating dashboards and leveraging real-time reporting tools, in order to provide management with […]