Velocity-based Page plans to expand AI platform to United States, United Kingdom markets
Page, the AI-powered external relations platform based at Velocity, the startup incubator at the University of Waterloo, has successfully closed $4.1 million in seed funding to expand its services into the U.S. and U.K. markets.
This funding round was led by TwelveBelow, with participation from Go Global Ventures and Canaan Partners. The company has raised more than $5 million following a pre-seed financing round led by Ripple Ventures, Garage Capital and the Velocity Fund.
The company’s flagship product, an AI lobbyist, is designed to help organizations monitor, analyze, and influence government and news in real-time. This cutting-edge solution addresses the challenges faced by external relations teams in processing vast amounts of information at unprecedented speeds.
"It's almost impossible to effectively process all the new data coming at you at such a high speed unless you want to massively scale your external relations teams,” said Ben Cox, CEO and co-founder of Page. “Page solves that problem by providing our customers with a better way to monitor, analyze and influence government’s around the world with our real-time AI lobbyist."
The market opportunity to present AI to External Affairs clients across the world is significant. The External Affairs industry has quadrupled since 2000 with about $42 billion spent in labour in North American and European markets that could be addressed by AI tools like Page.
Page was founded in 2024 by Cox and CTO Elliot Dohm, both of which previously worked at Shopify in senior engineering roles. The entire Page team has collectively worked together for nearly a decade with a sharp focus on developing AI tools for businesses.
“From ‘Day One’, we've designed Page's AI pipeline to quickly filter a massive amount of External Affairs text, video, and audio data in real-time,” said Dohm. “That gives us a speed advantage as Page gets smarter with every new data source we adopt. It allows our customers to keep track even more of what they care about, before anyone else even notices it."
The University of Waterloo's Velocity program has played a crucial role in nurturing Page's development, providing essential resources and support to help the company reach this milestone.
"Page is a unique application in artificial intelligence to support and compliment work in external affairs,” said Adrien Cote, Executive Director of Velocity. “As we move towards the age of data and AI, companies like Page have a potential of making a global impact at all levels of government. We are proud to support one of the many companies that have found their footing here at Velocity and we look forward to celebrating more of Page’s success."
About Velocity
Velocity accelerates entrepreneurs' growth from idea to early-stage start-up and beyond. These founders have access to unmatched resources, collaboration space, funding, and an expansive and experienced network made possible only by the University of Waterloo — Canada's top university for founders. In the 15 years since its inception as a University of Waterloo residence, more than 400 Velocity companies have netted more than US$26 billion in enterprise value.
