Imagination Catalyst Fund directors John Albright and Jeannette Wiltse, both of Relay Ventures, celebrate with Michael Nurse, CEO of Wishpad, and Chakameh Shafii CEO, Saaed Zeinali VP Business Development, and Babak Shahabi VP Product, TranQool.
TranQool, a mental health platform, and Wishpad, a real estate media company, received investments of $40,000 each from the Imagination Catalyst Fund this month. Both companies will use these funds to gain traction with early users as they prepare for raising seed capital in 2017.
“OCAD U is one of Canada’s best-kept secrets,” said Relay Ventures Founder and Managing Partner, John Albright when Relay Ventures $1million investment helped launch the Imagination Catalyst Fund in 2014. “We are excited to be tapping into the university’s design expertise through these investments.”
TranQool is an online platform designed to disrupt the mental health marketplace. The service matches users with the right therapists and facilitates secure video sessions from the comfort of home.
Wishpad is a big-data driven media platform that curates listings and other content for prospective real estate buyers based on their values, lifestyles and priorities.
Imagination Catalyst is OCAD University’s entrepreneurship and commercialization hub. The goal is to apply design thinking to make lives better, create richer cultural experiences and bring leading-edge innovations to market. The Imagination Catalyst Fund offers seed funding for early stage, pre-revenue technology companies and is exclusively for companies participating in the OCAD U business incubator.
For more information about companies participating in the Imagination Catalyst incubator, please contact Katherine Roos, Executive Director.