July 16 , 2010 (Burnaby) — CopperLeaf Technologies Inc. has secured $7.34 million in a financing with investors including Growthworks Capital, Export Development Canada, and a group of international angels. The company, which provides leading Asset Investment Planning (AIP) solutions, plans to use the capital to fund overall growth, service existing customers, and drive sales and marketing.
CopperLeaf’s flagship product is the only capital and operating investment evaluation software solution specifically designed to support the financial modeling of immediate and long term investment plans of asset-intensive organizations, and to monitor business performance against those plans. These organizations face the challenges of aging infrastructure, aging workforces and increasing demands for new services in the face of environmental sustainability and regulatory requirements. Customers use CopperLeaf’s software solution to balance profitability, performance, and risk so that they can optimize the value of their assets over time.
“This financing will allow us to continue to exceed the expectations of our current customers, and help us grow to meet the escalating demand for our solutions,” says Judi Hess, CopperLeaf CEO. “Our strong, talented team is ready to apply these new financial resources immediately to help more organizations in more industry sectors optimize the value their assets deliver and thereby increase our share of the multi-million-dollar asset investment planning market.”
About CopperLeaf Technologies
CopperLeaf Technologies Inc. provides leading Asset Investment Planning (AIP) solutions that enable asset intensive organizations to maximize the life cycle value of their assets. CopperLeaf provides thought leadership and the enabling technologies to improve the long-term performance of energy companies, utilities, transportation, government, and other asset intensive organizations. Its solutions are built on a base of extensive experience in strategy and business process consulting to asset-based organizations. CopperLeaf brings together the skills of management consultants and technology professionals who have assisted clients worldwide to implement best practices in finance, planning, engineering, asset management, and rate design. For more information visit www.copperleaf.com.
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CopperLeaf Technologies Inc.
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