The Accelerate Fund announces investment in Knelf

By: Accelerate Fund
 
EDMONTON, Alberta - Oct. 1, 2015 - PRLog -- The Accelerate Fund (http://www.acceleratefund.ca/) is pleased to announce the closing of a funding round in Knelf Inc. (http://knelf.com/), a relationship and trust building tool that can be used by enterprise HR departments to foster team growth.

Founded in Calgary, Alberta, Knelf has been designed to grow and nurture relationships through a series of provocative and irrelevant questions that unlock interesting insights, both from the questions you answer and the way others answer questions about you. Knelf uses gameplay to create a rapport between players and lays the groundwork for genuine connections and meaningful relationships.

“This is the Accelerate Fund’s eleventh investment since inception,” says Warren Bergen, General Partner & Director of the Accelerate Fund, an early-stage, angel co-investment fund managed by AVAC Ltd (http://www.avacltd.com/). “We are confident in our funding of Knelf because both founders are multi time entrepreneurs. The product is also very interesting. When you add that to the fact that they have some well recognized beta clients, it’s not hard to see the potential with this company.”

Evan Hu and Brian Reimer are the Founders behind Knelf and its unique approach to personality assessments. Both are experienced entrepreneurs, having had success building and selling multiple companies in the past.

“AVAC and the Accelerate Fund have been very supportive of our venture and connected us to a wider network,” says Reimer. “Their funding has been instrumental in helping us find our product market fit and further maturing our technology to deliver our promise of 'building better relationships, one question at a time’.”

To learn more about Knelf, please visit www.Knelf.com. To learn more about the Accelerate Fund, please visit www.AccelerateFund.ca.

-ends-

Media Inquiries:

Accelerate Fund/AVAC Ltd.
Meghan Somers
The Agency
587.899.0615
meghan@theagencyinc.ca

Brian Reimer
Knelf
403.835.0304
brian@knelf.com

About Knelf:
Founded in Calgary, Alberta in 2013, Knelf is a two player, self-awareness game for your smart phone. Fun and provocative personality questions are designed to inspire conversation and laughter. Through answering questions about yourself and predicting what your friends will say—you'll gain insight into your own personality and learn more about the people around you. Whether you’re breaking the ice on a first date or getting to know your office peers better, Knelf builds deeper connections and stronger relationships, one question at a time. www.knelf.com

About The Accelerate Fund:
The Accelerate Fund is an angel co-investment fund, managed by AVAC Ltd., which invests in promising Alberta technology companies. Investments are consistent with common venture capital investing practices, utilizing an array of equity and debt instruments. AVAC Ltd. performs due diligence, makes investment decisions, and provides ongoing support to portfolio companies on behalf of the Fund. In support of the funded companies, the Accelerate Fund Industry Committee, an advisory network managed by the A100, was designed to provide additional “hands-on” resources to the portfolio companies. Alberta Enterprise Corporation is the Accelerate Fund’s Limited Partner.
www.acceleratefund.ca  |  www.avacltd.com
End
Source:Accelerate Fund
Email:***@acceleratefund.ca
Tags:Funding, Technology, hr
Industry:Investment
Location:Edmonton - Alberta - Canada
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