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PayShepherd secures $700,000 to bring its contractor billing solution to more large industrial clients across Canada, US

PayShepherd secures $700,000 to expand its contractor billing solution across Canada, US Calgary-based FinTech startup PayShepherd has raised a $700,000 CAD pre-seed round to meet growing demand for its contractor billing software. The round, which represents PayShepherd’s first external funding, was led by James Lochrie of Thin Air Labs and Accelerate Fund III (which is managed by Yaletown Partners with the support of the A100). It also saw participation from Tribune Capital, Strategic Equities Group, Stagecoach Partners VC, Neil and Pam Danroth, as well as Gordon Cameron, partner at McCarthy Tetrault. “We’ve all been in our users’ shoes at some point in our careers, so the technology we’ve built is for them.”

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