Montreal-based GridBank has raised $6 million in an oversubscribed seed round co-led by Version One Ventures, StandUp Ventures, and GreenSky Ventures, with participation from Anges Québec. The company operates a platform that enables users to monetize video content captured on their smartphones, targeting individuals beyond traditional creators.
GridBank said the funding will accelerate product development and expand its marketplace to new industries beyond marketing. The firm also plans to launch a content challenge in Montreal this summer. Investors noted initial skepticism but now see potential in GridBank’s model as a transactional layer for real-world data.
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