Corl Recognized as Toronto's Best Tech Startup

TORONTO - Nov. 15, 2018 - PRLog -- The Timmy Awards celebrate the best in tech. New tech companies built around AI, machine-learning or blockchain battle to be crowned; but what happens when one company encompasses all these technologies? Corl Financial Technologies Inc. is expediting the startup funding process and was chosen as Toronto's Best Tech Startup.

As a North American event series, the Timmy Awards is hosted in tech hubs across the US and is now in its 3rd year in Toronto. "As the number of startups increases in the Toronto area, so does the innovation happening in the city," said Mandy Walker, Director of Marketing at Tech in Motion. "The Timmy Awards were created to elevate local leaders like Corl that make an impact from the beginning."

With high-caliber startups like Ritual, DarwinAI and Coinsquare all in the running, Corl's win adds them to an elite list of past winners including Tripadvisor, Constant Contact, Casper, Instacart, Jet.com, Gilt and Venmo. Corl's mission is to get qualified founders funding. This may not seem revolutionary, yet how founders are funded has not seen an advancement since the industry's inception.

"By offering revenue sharing investments, we are pushing the industry forward. Founders are able to grow their businesses on their own terms without relinquishing equity, board seats, or personal guarantees,"  says Sam Kawtharani, cofounder of Corl. "To be recognized for helping businesses grow in a fair, sustainable way is a testament to the need we address and the issue our team is solving."

In addition to providing expedited investment decisions and leveraging data to better equip startups for long-term success, Corl is taking a chapter from their accelerator partners (https://blog.corl.io/corl-connects-with-the-dmz) and fostering community. All funding applicants receive an individualized in-depth data report which highlights key information regarding expansion plans and helps founders address weaknesses in their business model.

About Corl Financial Technologies Inc.

Founded in 2016, Corl aims to empower entrepreneurs. Through automation and advanced risk management, Corl injects capital into high-potential businesses that often go unfunded by banks and VCs. Founders get fast, fairly-priced non-dilutive growth capital and are able to grow their business on their own terms.

To find out more about Corl (http://corl.io/?utm_campaign=Corl%20Website&utm_sourc...) or to apply for funding, please visit our site.

About Tech in Motion Events & The Timmy Awards

Tech in Motion (http://www.techinmotionevents.com/) is a North American event series that brings local tech community professionals together to connect, learn, and innovate. What started as a collaborative project in 2011 between IT recruiting firms Jobspring Partners and Workbridge Associates, part of the Motion Recruitment network, grew into an organization of over 100,000 members across 12 chapters in North America including Atlanta, Boston, Dallas, New York, Philadelphia, DC, Chicago, San Francisco, Silicon Valley, LA, Orange County and Toronto.