Alumnus startup Assent achieves unicorn status

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.

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