Vendasta – New InvesteeNovember 29, 2018
Vendasta’s direct customers include marketing/advertising agencies, software providers, telecommunication providers, business directories such as yellow pages, multi-location franchise management companies, as well as media companies such as TV/radio broadcasters and newspaper outlets that in turn, provide services to small and medium size local businesses.
The investment provides SaskWorks with exposure to a high-growth software subsector with a large addressable global market and strong recurring revenue base while also presenting a unique opportunity to partner with a company that is committed to growing the innovative ecosystem in Saskatchewan as oppose to being based in a larger urban center or traditional technology hub. Vendasta was founded in 2008 and has grown to approximately 280 employees. It has been named to the Deloitte Technology Fast 500, the Deloitte Technology Fast 50, and Canadian Business Magazine’s Profit 500.
Find out more at www.vendasta.com