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TELUS Corp T.T

Alternate Symbol(s):  TU

TELUS Corporation is a Canada-based telecommunications company. The Company provides a wide range of technology solutions, including mobile and fixed voice and data telecommunications services and products, healthcare software and technology solutions, and digitally led customer experiences. Data services include internet protocol, television, hosting, managed information technology and cloud-based services, software, data management and data analytics-driven smart-food chain technologies, and home and business security. It operates through two segments. The technology solutions segment includes network revenues and equipment sales arising from mobile technologies, data revenues, certain healthcare software and technology solutions, voice, and other telecommunications services revenues. The International segment is comprised of digital customer experience and digital-enablement transformation solutions, including artificial intelligence (AI) and content management solutions.


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Post by kijijion Apr 15, 2024 10:12am
139 Views
Post# 35989200

Telus keen for Detroit start-up KODE

Telus keen for Detroit start-up KODE
Maverix Private Equity and Telus's venture-capital arm have invested in KODE Labs Inc., a rapidly growing property software startup whose on-line platform is used by more than 100 commercial landlords to manage the myriad systems inside their buildings and cut their carbon emissions. Toronto-based Maverix led the $30-million (U.S.) financing, announced Monday, into Detroit-based KODE. The start-up was founded seven years ago by brothers Edi and Etrit Demaj, two refugees from Kosovo, and their long-time friend Gentrit Gojani, the chief technology officer. I Squared Capital, which led the company's previous financing in 2022, also invested. KODE has experienced average annual recurring revenue growth of 200 per cent since 2021 and is on track to reach $20-million (U.S.). Clients include QuadReal Property and Oxford Properties, which are the real estate arms of Canadian pension giants B.C. Investment Management Corp. and Ontario Municipal Employees Retirement System (OMERS), as well as Hines, Ford Motor and GWL Realty. Clients use its platform to manage more than 2,000 buildings combined. It is the fourth investment by Maverix.

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