Communitech has announced the six companies participating in the 12th cohort of the Communitech Rev Accelerator, the hub’s program focused on sales growth for startups.
The companies will spend the next six months learning how to optimize sales and marketing processes, building operational processes that establish a predictable revenue stream, with the ultimate goal of reaching $25 million annual recurring revenue. Communitech Rev has an additional goal of preparing startups to raise a Series A within 12 months of graduation.
“We have been very deliberate in building programs to assist companies through startup and growth stages,” said Kelly McGregor, Rev’s program manager. “The companies participating in the new cohort are a great example of how the Waterloo Region tech ecosystem supports companies through startup, growth, and ongoing success.”
The six startups include: