Fredericton Software Startup Secures $100-Million Investment

FREDERICTONIntrohive, a Fredericton-based software startup, announced Wednesday that it has secured a $100-million (U.S.) investment, part of a Series C round led by PSG, a Boston-based company that backs middle-market software companies.

“It’s been a big year for Introhive,” said CEO Jody Glidden in an interview with Huddle. “We were on Deloitte’s 500 fastest-growing companies list for the second year in a row, we were recognized in Canada on the best places to work list.”

In 2021, Introhive was also named one of the best places to work for women in Canada and received awards from G2, a company that reviews business software. During the pandemic, Introhive almost doubled its revenues, says Glidden.

He says these accomplishments all contributed to landing the investment.

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Victoria Krisman
Victoria Krisman is Interactive Media Specialist and Communications Manager for the Intelligent Community Forum.
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