Montreal’s TrackTik Raises $1 Million Round Led by Klass Capital

Klass Capital announced today an investment in TrackTik.

TrackTik, an integrated guard management solution provider, raised $1 million in financing. Most of the money came from Klass, but also participating in the round was Jordan Banks, Managing Director of Facebook Canada; Craig Campbell, former CEO of Total Security Management (which he sold to Garda in 2013); and Adrian Schauer, former founder of Vortex Connect (which he sold in 2012).

Klass says it plans to make a more substantial investment in the Montreal-based startup, which provides compliance, tracking, and scheduling solutions for the security guard industry, in the future as the company continues to scale its sales and build its team.

“We are excited to make our first investment in Quebec,” said Daniel Klass, president of Klass Capital. “This is an appealing opportunity to partner with an exceptional entrepreneur, who has very quickly gained traction in the security industry.”

“This investment will allow us to fully execute our growth strategy and thereby position TrackTik as the industry leader,” added Simon Ferragne, founder of TrackTik.