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Vancouver, BC - May 31, 2018 - Venzee Technologies Inc. (TSX-V:VENZ) (“Venzee” or the “Company”) is pleased to announce the appointment of Issa Nakhleh as Chief Financial Officer, effective June 6, 2018.
Mr. Nakhleh joins Venzee from Tuangru, a SaaS company that manages a network infrastructure of complex organizations, including facilities, IT, virtual and cloud where he served as Chief Financial Officer since 2017. Previously, Mr. Nakhleh worked with companies such as Ultrasonix and UrtheCast, and has previously held the title of Chief Financial Officer at TIR Systems Ltd., which grew from $2M to $30M in annual revenues.
Peter Mackay, CEO of Venzee, commented, “We are very excited to have Issa join us as the CFO of Venzee. His extensive work in the field and dedication to developing impressive growth strategies has us confident in his abilities to go above and beyond the targets we have set for Venzee. We have major plans for the Company in 2018 and beyond and with our enterprise partner numbers continuing to grow, we are eager to see Venzee’s continued success under Issa’s role as CFO.”
Major highlights of Mr. Nakhleh’s career thus far include: achieving a senior financial position of a publicly listed company at age 26; leading both equity and debt financings at UrtheCast, totalling over $250 million; and managing the network infrastructure of complex organizations for Tuangru, as the company transitioned from being primarily a VAR to a SaaS company under his formulated growth strategy. Mr. Nakhleh holds an MBA from the Warwick Business School, listed as one of the top 25 business schools in the world.
Venzee is a SaaS company that launched in 2014 to help e-commerce vendors and retailers easily share product information in a US$23 trillion retail industry (source: Statista). Traditionally, this was done using spreadsheets which created a labor-intensive process that delayed products from reaching the marketplace. Venzee’s technology, leveraging artificial intelligence to streamline product information management, allows vendors and retailers to seamlessly share information, avoiding delays and getting products to market faster than ever.
The Company graduated from notable startup accelerator program 500 Startups and is already powering some of the biggest brands in the world.
To learn more about Venzee, visit https://venzee.com.
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