The Spark Angel Network is pleased to announce that it completed its most recent investment – a private placement in Makeplain Corporation. Specific terms have not been released, but the six-figure equity investment closed last month, and will be used to help fund sales and marketing efforts in the company’s new “Business Outcomes” product and for general corporate purposes.
Makeplain provides advanced analytic solutions for the retail, manufacturing and insurance industries. Offered in 2 flavours – a stand-alone product or as SaaS subscription model, Makeplain uses advanced mathematical algorithms and self-learning analytics that enable its clients to uncover profitable new opportunities in their operational processes or in their customer offerings that drive top and bottom-line results.
“I am very pleased we were able to close this investment with a great group of investors who will work with us to meet our goals. “said Gary Saarenvirta, Founder and CEO of Makeplain. ” This funding will enable Makeplain to build on its solid footing of International success stories and proven results that we look forward to sharing with other prospective clients throughout North America.”
“We are delighted to be involved in Makeplain’s future growth and its outstanding prospects”, commented Malcolm MacTaggart, Executive Director of the Spark Angel Network. “Makeplain, represents a highly attractive investment opportunity for our members. “We are committed to, and focused on, investment opportunities that offer innovative solutions in high potential markets. Makeplain fits this profile exactly” added MacTaggart.
