$2 Million Investment

Fulcrum Management Solutions Ltd., makers of Thoughtexchange announces the successful closing of its third investment round of two million dollars led by Toronto’s First Generation Capital Inc.

“This is an exciting investment,” said Ian Ihnatowycz, President and CEO of First Generation Capital Inc. “I’ve been very impressed with the team, the vision of the product and the sales traction to date. Thoughtexchange offers a uniquely powerful solution for online stakeholder engagement and the potential is huge.”

Thoughtexchange is a stakeholder engagement solution, used by both the private and public sectors as well as associations and non profit organizations. It provides a comprehensive online platform and accompanying services. Thoughtexchange enables customers to connect with the people affected by a decision and hear what is most important to them.

This disruptive software and service is now experiencing a rapid growth phase as customers see the benefit of creating buy-in, building trust and informing their decisions through effective stakeholder engagement.

“Closing a third round of successful investment indicates we are on track with our business and strategic plan for growth,” said Amos Michelson, Thoughtexchange Chairman. “The funds will enable us to further enhance our software and services and to continue to deliver exceptional value during this rapid growth phase of the company.”

As a result of this rapid growth, Thoughtexchange announces the addition of eight new positions with a preference for candidates in the Kootenays in the areas of sales, software development and customer support. Visit our careers webpage in the coming weeks to see posted positions.

“We’re excited to be hiring in the Kootenays and building a strong BC based high tech company. We see this as the way to continue to provide the strong customer support and innovation of our first few years,” said Jim Firstbrook, Thoughtexchange CEO. “It’s great to see First Generation participating for a second time showing confidence in our business model.”

Thoughtexchange is a software and services company committed to building and supporting online collaboration solutions. Thoughtexchange was founded in 2009 by innovative software developer Jim Firstbrook, highly respected business leader Amos Michelson and charismatic community engagement consultant Dave MacLeod. They shared a belief that powerful online tools could be developed to leverage the power of the internet to resolve challenges by making meaningful group interactions efficient, inclusive and insightful.

Thoughtexchange is designed and owned by Fulcrum Management Solutions Inc.

About the Author

Alex Chapple

Alex is a seasoned communications professional and event planner with experience in both public and private sector companies and organizations. She is passionate about recruiting top notch team members and loves connecting people with roles where they excel. Alex served three years on the board of the Osprey Community Foundation in Nelson, BC and also sat on the Communications Committee for the Dalai Lama Centre for Peace and Education in Vancouver leading the international media relations team for the 2006 visit of His Holiness the Dalai Lama. Alex loves interior design, travel, camping and being outside.

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