InnovMetric welcomes its first Quebec investor
6/13/24
InnovMetric is starting a new chapter in its history. The multinational company, which is celebrating its 30th anniversary in business this year, welcomes its very first financial partner. The Fonds de solidarité FTQ is joining the company with a
$45 million dollar investment to support it in its long-term growth perspective.
Firmly rooted in Québec City, InnovMetric has found a strong ally to begin the next stage of its development. The Fonds de solidarité FTQ is the largest development capital investment network in the province of Québec. Its mission, which aims to contribute to socio-economic growth for the benefit of workers and businesses, is perfectly aligned with the values that drive Marc Soucy, President and co-founder of InnovMetric.
"We are very proud to promote Québec expertise to our 23,000 clients in more than 100 countries. We rely a lot on the people who work with us and it is important for me to ensure the sustainability of the company and its quality jobs here in Québec." Marc Soucy, President and co-founder of InnovMetric.
Building on its market-leading position achieved through its universal 3D measurement software, InnovMetric is getting ready to revolutionize the manufacturing industry again by accelerating the deployment of its digital transformation solutions for metrology processes.
Drawing on its new partner’s extensive experience and network of experts, InnovMetric will establish strong governance to ensure a successful future. The company is thinking big and the perspectives are promising. Knowing how to surround itself with the right people is one of the assets that InnovMetric wishes to continue focusing on for the future.
Read the press release.
About InnovMetric
A recognized leader in the field of 3D measurement software, InnovMetric is a Quebec City multinational that celebrates its 30th anniversary in 2024. PolyWorks, its universal digital ecosystem, has revolutionized the industry. It allows manufacturing companies to accelerate the design, development, and quality control of their products by quickly identifying possible solutions to their manufacturing challenges.
The InnovMetric group successfully combines constant growth and its philosophy as a human-scale multinational. Today, the company has 650 employees spread across 18 countries, and offers its services in 43 languages to more than 23,000 clients in 100 countries. It stands out for its prestigious partnerships, including with the Fédération Internationale de l’Automobile (FIA) for the inspection of Formula 1 vehicles before races. InnovMetric supports the world’s largest automobile manufacturers as well as the 100 largest manufacturing companies in the digital transformation of their metrology processes.