CoLab Software Selected as One of Canada's Top Small & Medium Employers for 2022
April 5, 2022
For immediate release: Tuesday, April 5, 2022
ST. JOHN’S, NL – For the second consecutive year, CoLab Software has been selected as one of Canada’s Top Small & Medium Employers for 2022. The winners of the 9th annual editorial competition organized by the Canada’s Top 100 Employers project were announced today in print and online. Employers on this list must be private sector commercial organizations with under 500 employees, and are chosen because they offer the nation's best workplaces and forward-thinking human resources policies.
During the selection process, the editors of Canada's Top Small & Medium Employers use the same criteria as the Top 100 competition—evaluating companies on such factors as work atmosphere, employee communications, performance management, and community involvement. Given that Canada’s SME sector represents more than half of the country’s private sector employment, it plays a vitally important role in setting the standard for top employers. “Small and medium employers have the advantage of adaptability,” Mediacorp Senior Editor Kristina Leung points out in a press release. “As new ways of working emerge, such as the growing interest in hybrid work arrangements, smaller employers have the flexibility to experiment and come up with solutions that work for everyone."
Founded in 2017, CoLab announced $17M (USD) in Series A funding in October 2021 after a round led by New York-based global private equity and venture capital firm Insight Partners. “CoLab is onto something special and we’re bringing on industry leaders—not only in North America, but all over the world,” says Adam Keating, CoLab’s CEO and co-founder. “But the best part is the momentum the team is constantly building. It's contagious, and I couldn’t be more proud of the grit and passion this team has displayed over the past few months in particular. 2022 is going to be a huge year for us.”
Product development is more complex, multi-disciplinary, and globally-distributed than ever. As a collaboration tool for engineering teams that drives effective communication throughout the design process and across the supply chain, CoLab makes it easier to get the right input from the right people at the right time. The web-based app is purpose-built for mechanical design workflows and integrates with existing CAD and PLM systems—giving teams a simple way to deliver quality products, on time. Every time.
For more information on CoLab, visit www.colabsoftware.com.
Meagan Campbell, Content Marketer
Adam Taaffe, Digital Marketing Manager