Douglas Lusted

No, we've raised two seed rounds.

In total, we've raised about a million dollars.

Well, Canadian, which is about 50 cents US these days, but no, we've raised capital.

No.

So the first one was actually an equity deal.

Oh, okay.

And then the second one was off of 500 startups convertible deal, which is pretty attractive.

um so we actually raised uh sorry equity i'm in equity yeah so um we hadn't raised that much we raised an additional amount of capital from outside investors this round off of 500 startups no oh okay we had raised about six six hundred fifty thousand uh

And we raised it from XDL Capital, which is a local VC in Toronto.

That's where you are now.

As well as BDC, which is kind of like a government VC out in Canada.

Douglas, is Toronto where you are now?

We're at about six people.

It is.

Especially if you can get into profitable, you can kind of make your own rules, which is sleep at night.

Well, 2015 total revenue was about $250,000.

This year, we're on pace to do just under a million.

That's correct.

Yeah.

Getting in is the tough part.