Montreal-based Connect&GO has secured financing of C$4 million, increasing its total raised in the past year to C$10 million. The investors were not disclosed. Connect&GO is a provider of smart wristband technology for the leisure and attraction industries.
August 31, 2020 – Montreal, Quebec – The Montreal-based company that specializes in RFID wristbands for the leisure and attraction industries has also raised over $10M of financing in the last year.
This most recent round of financing will allow Connect&GO to consolidate its leadership position internationally by, among other things, making various acquisitions and continuing to develop its latest technological platform which was deployed this summer at Super Aqua Club in Pointe-Calument and is set for deployment at two other major Canadian leisure attractions.
“We are living in an unprecedented time for our industry. I am very proud that we managed to make the difficult decisions early on, and that we received an important vote of confidence from our investors with this latest $4M financing agreement,” said Dominic Gagnon, President of Connect&GO
“Since the beginning of the pandemic, Connect&GO’s executive team has shown leadership and creativity in determining the best way for the company to navigate this crisis. It made sense for us to reinvest in the company’s growth and allow it to take on new opportunities upon relaunching,” said André Brosseau, Chairman of the Board.
All of Connect&GO’s original investors participated in this latest round of financing.
Connect&GO is a global leader in Guest Experience Engineering packaging the simplest wearable RFID technology with the smartest modular operations management system for the leisure, attractions, sports and entertainment industries. Flexible software modules for Ticketing, Access Control, Point of Sale, Cashless Payments, Gamification, Experiential Activations and Activities Management create a seamless end-to-end guest experience that generates secondary revenues, increases spend-per-head and maximizes guest engagement. Connect&GO has served major amusement and water parks, ski hills and resorts, brands and agencies, festivals and sporting events around the world with over 10 million activated wristbands. Connect&GO currently has offices in Montreal, Paris and Orlando.