Limerick-based software company Kneat secures €14.9m in financing

Irish Times | May 4, 2021 at 7:14 AM
  • Kneat, an Irish company that provides software for the life sciences, healthcare and other heavily regulated industries, has secured 22 million Canadian dollars (€14.9 million) in financing.
  • Founded by Eddie Ryan in Limerick in 2015, Kneat is now officially a Canadian company after a reverse takeover that led to a listing on the Toronto Stock Exchange.
  • Kneat recorded revenues of C$7.42 million in 2020, up 88 per cent year-on-year as losses fell 8 per cent to C$5.69 million.