Canadian mentorship company Ten Thousand Coffees scores $75M investment from U.S. private equity firm

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StarExclusive: Ten Thousand Coffees, a Canadian-founded networking company, has just received a major boost of $75 million from U.S. private equity firm, Five Elms Capital to expand its operations and reach.

Ever wondered how to get a leg-up in your career with zero connections in your field?

“This is a critical move to expand our business and ensure the democratization process when it comes to new hires and promotions,” said Dave Wilkin, CEO and co-founder of 10KC. “So many industry leaders told me the best learning on the job happens by grabbing coffee with your boss and colleague,” Wilkin said. “But who gets those opportunities? What’s the best way to make the process fair and equitable?”

Elliott Garcea, 10KC co-founder and chief technology officer, agreed the pandemic tapped into the company’s potential to ensure employees are able to build on relationships and opportunities within their own company remotely.

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