Cinareo Raises $1M in Pre-Seed Round

Cinareo, a Toronto, Canada-based data analytics company, has secured $1 million in pre-seed funding.

The round was led by BDC's Seed Venture Fund, with participation from Accelia Capital and angel investor Robert Treumann.

BDC Seed Fund is a venture capital fund managed by BDC Capital, based in Montreal, Canada. The fund backs pre-seed and seed-stage Canadian software startups.

This funding will accelerate Cinareo’s product development and help global enterprises adopt its innovative AI solutions.

Founded by Karen Elliott and Dr. Mark Alpern, Cinareo provides a solution for capacity planning that complements any workforce management (WFM) platform. Its mission is to offer intuitive solutions for short- and long-term planning, financial analysis, recruitment, and training in contact centers. By leveraging AI, Cinareo enables capacity planners to move beyond error-prone, spreadsheet-based solutions.

Funding Details

Company: Cinareo Solutions Inc.

Raised: $1.0M

Round: Pre-Seed Round

Funding Date: January 2025

Lead Investors: BDC Seed Venture Fund

Additional Investors: Accelia Capital, Robert Treumann

Company Website: https://www.cinareo.com/

Software Category: Workforce Management