Formed last year, Collage provides its software to business clients for free and earns income through commissions from insurance companies as a registered insurance broker. Diagram start-up Collage has secured CAD5m ( $3.8m ) in seed funding from venture capital firm Diagram , which is backed by Fintech . Collage is US 's first cloud-based human resources and benefits platform, and the company aims to use automation to "streamline and modernise the human resources industry" – described as an "underserved and growing" market by Diagram . Collage offers its free software to companies, in particular, smaller ones, earning money from commissions as a registered insurance broker. CEO Paul Desmarais III said the business is planning to introduce insurance products that are new to both Canada and the US .
Diagram start-up Collage has secured CAD5m ( $3.8m ) in seed funding from venture capital firm Diagram , which is backed by Fintech . Collage is US 's first cloud-based human resources and benefits platform, and the company aims to use automation to "streamline and modernise the human resources industry" – described as an "underserved and growing" market by Diagram . Collage offers its free software to companies, in particular, smaller ones, earning money from commissions as a registered insurance broker. CEO Paul Desmarais III said the business is planning to introduce insurance products that are new to both Canada and the US .