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Helm Closes $0.7 million to Accelerate Growth of Cash Management Platform

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Our team here at Helm is extremely excited to announce that we have recently closed a $0.7 million equity investment led by Calgary based Metiquity Ventures.

This raise will allow Helm to accelerate the buildout of our innovative cash management platform, one that solves acute pain points in not just the cash flow forecasting process, but in the entire cash management function. This critical business area remains highly disparate, time consuming and confusing.

Since inception in 2018, Helm’s core mission has been to stamp out these issues, helping entrepreneurs and their trusted professionals quickly gain insights, future optics and efficiencies, allowing them to operate with less stress and more confidence, and enabling them to focus their efforts on their passions.

According to Kelvin Gieck, co-founder of Helm, the timing couldn’t be better.

“Twyla and I started Helm with a different lens. Having our own firm, specializing in part time controller and CFO services, we saw first hand just how constant the stress and anxiety was for business owners around their cash flow. We created Helm so we could better help our clients at greater scale.

That was in a different time though. The world is definitely different now. Closing this investment, at this exact time, gives us an opportunity to do some amazing things. We believe we can make a big impact with it. Helping alleviate greater financial stresses, letting entrepreneurs breathe a bit easier, regain focus on their life, as well as their business goals and dreams. We think it will be huge.”

Based out of Calgary, Bryan Slauko co-founder of Metiquity Ventures is also eager to see what Helm can achieve.

“We are very excited to partner with Kelvin and Twyla and the team at Helm. Cash flow management is critical to the success of every business. But the tools to make the unfamiliar and complex process truly accessible and friendly for small business owners have not been available. By digitally transforming and integrating the entire cash flow management process, Helm provides a simple solution to a real problem faced by businesses around the world."

In parallel with the investment raise, Helm has also worked hard to create a formal advisory board. We are fortunate to be able to say that this board is comprised of a number of experts and large cloud accounting firm owners, providing a range of experiences from product development to marketing to end user requirements. This board will help guide Helm’s direction and growth moving forward.

To Twyla Verhelst, this marks a big milestone.

“We started Helm to remove the friction in our own firm’s cash management services allowing us to help our clients more easily. To do this we had to envision and build a platform that would make the entire process seamless and easy, not just one aspect of the process. Getting buy in and support from our new advisory board members, on top of Metiquity’s investment is amazing. It’s additional confirmation that we’re heading down the right path.”

Our team at Helm is definitely excited. We are in an incredible position to help people navigate some of the biggest business stresses they have ever faced, and we are excited to be able to accelerate our platform buildout and its features.

Thanks to all who have supported us in this journey. We have made some amazing connections in a very short time, and are looking forward to making many more over the next few years!