Altitude Accelerator Develops Exclusive Relationship with Preference Capital Inc.

Preference Capital and Altitude Accelerator Partnership

Preference Capital and Altitude Accelerator PartnershipAltitude Accelerator recently partnered with Preference Capital Inc to give Altitude Accelerator clients the opportunity to meet with a venture capital firm focused on seed funding. 

Access to capital can make or break an early stage company. One of the biggest challenges for tech companies is to secure a seed investment. With the changes in the investment community since COVID-19 there are fewer dollars invested in early stage companies. This partnership with Preference Capital Inc. represents a great opportunity for Altitude Accelerator clients to help them get the investments they need in order to succeed.

Preference Capital Inc. was created to fill the gap in funding between Toronto and Kitchener-Waterloo, and to take advantage of the large and consistent deal flow coming through their network operating in Peel, Halton, Wellington and throughout all of Ontario and Canada. Their fund was created in Q3 of 2021. 

“There are many great funds out there. We build a business narrative for our investees that tells them what they should do first, who they should hire, what the customers need to reach, and who needs to invest in their next round.  We give them all the key corporate pieces they need while they are building the product they are passionate about.  We want to find companies who are serious about solving problems in big markets, growing rapidly, and being acquired,” shares Andrew Opala, Managing Partner at Preference Capital Inc.

Altitude Accelerator will be the home location for Preference Capital Inc., investee meetings.  Preference Capital will leverage the Investor Readiness Training and the Investment Review Panel programs delivered by Altitude Accelerator to meet with companies deemed to be investor-ready.  

We are looking forward to finding a lot of young energetic management teams, solving difficult problems in valuable markets, and growing rapidly by applying their special technology secrets to the customer problem,” explained Opala.

Preference Capital Inc. intends to have Altitude Accelerator build out and deliver most of the startup programming needed to bring companies up to the levels necessary for their investment requirements.

As an inaugural player in the startup and innovation ecosystem within the Peel Region, Altitude Accelerator has paved paths and fostered founders for more than a decade. Through both economic downturn and prosperity, honesty and agility have been the foundational pillars of success allowing our entrepreneurs to stand strong and grow their business to the next level. This partnership with Preference Capital is going to help our clients scale to new heights. Visit https://Preference.vc for more information about the Preference Capital fund.

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