It’s official. San Francisco-based and Montréal-founded travel tech startup Sonder will be expanding their presence in its home province.
Two years after being founding in 2012, Sonder moved its headquarters to San Francisco and incorporated in the United States, in the pursuit of international investors.
This week they announced they’re coming home. Sonder will expand its presence in Quebec by establishing an “international growth centre” in Montreal that should result in the creation of 700 jobs by 2025.
The province is providing the company with $30 million through Investissement Québec to help fund the $182-million project, Premier François Legault and company co-founder Francis Davidson announced.
The government loan includes a grant portion, meaning it will not have to be repaid in full if it meets job creation criteria.