Friday, January 7, 2022
A startup company that was co-founded by an alumnus of Waterloo Engineering achieved unicorn status this week with the announcement of US $350 million in new funding.
The deal gives Assent Compliance, a software-as-a-service company based in Ottawa, a market valuation of more than $1 billion as it aims to grow to over 1,000 employees by the end of 2022.
Assent was co-founded by Andrew Waitman (BASc ’87, electrical engineering), who has served as chief executive officer since 2014.
Go to Creating a unicorn for the full story.