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§ Venture Capital
Ribbon Business offers a digital platform that streamlines back-office operations for Canadian small and medium-sized businesses. Its core product provides an integrated suite of services, handling incorporation, maintaining digital minute books, automating corporate filings, and managing comprehensive bookkeeping and tax preparation. The platform also includes accounting software setup, registered office services, and payroll support, all delivered through a Canada-first compliance engine that consolidates administrative tasks into a single workspace.
Founded in 2023 by Sandeep Giri, Tanner Gettis, and Mehdi Rahman, the company emerged from the insight that Canadian entrepreneurs face significant stress and complexity managing regulatory compliance, tax obligations, and general business administration. The founders recognized the need for a simplified, end-to-end solution that protects businesses from missed deadlines and penalties, allowing them to focus on core operations rather than administrative overhead.
The platform serves Canadian entrepreneurs and small businesses, particularly those with up to five employees, across Federal and Ontario jurisdictions. Ribbon Business aims to empower these users by eliminating the burden of administrative tasks, ensuring compliance, and fostering peace of mind. Its long-term vision is to be the essential partner for Canadian businesses, freeing them from back-office complexities to drive progress and growth confidently.
Ribanes has 1 tracked investment across 1 company. The latest tracked deal is $280K Seed in FiberCraze in August 2023.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Aug 10, 2023 | FiberCraze | $280K Seed | — | Longtiger Spinning, Kiyotaka Toge, OKB Capital |