Appficiency Inc., a global IT consulting and software firm specializing in AI-powered enterprise digital transformation services, has received a minority equity investment from the Canadian Business Growth Fund (CBGF). This investment marks a significant milestone in Appficiency’s growth journey and is intended to fuel AI innovation and expanded capabilities for serving enterprise clients across multiple platforms.\n\nThe investment will specifically support the expansion of Appficiency’s service portfolio across Oracle NetSuite, Salesforce, and Microsoft platforms. It will also enable the introduction of new AI Enablement Consulting and Rapid Assessment offerings, designed to help enterprise clients maximize their technology return on investment.\n\nEstablished in 2014, Appficiency supports clients across North America, the United Kingdom, Europe, and Asia Pacific. The company delivers implementation, optimization, integrations, managed services, and custom application development to help organizations modernize systems, improve operational visibility, and scale efficiently. A key offering is AskCipher, an AI-powered universal interface that facilitates natural-language, multi-system workflows across business applications, while also learning organizational policies to enforce governance and continuously improve, aiming to maximize ROI from existing tech stacks.\n\nJohnny Than, Founder & CEO of Group Services at Appficiency, stated, “This partnership marks a pivotal milestone for Appficiency as we scale our global platform and expand the ways we help clients modernize and grow their tech stack. With CBGF as a long-term partner, we’re well-positioned to expand our geographic footprint, deepen our industry capabilities, and continue building innovative AI solutions that create measurable impact for customers.”\n\nHai Tran-Viet, Co-Managing Partner at CBGF, commented, “Appficiency has built an impressive platform with strong leadership, a deep ecosystem expertise, and a reputation for delivery excellence. We look forward to partnering with the Appficiency team as they execute on their expansion strategy.”\n\nAppficiency was recognized as Oracle NetSuite’s Canadian Alliance Partner of the Year in 2025, reflecting its ongoing commitment to innovation and customer outcomes. This momentum positions the company to capitalize on growing demand for enterprise modernization, operational efficiency, and scalable digital platforms. The new investment is expected to enable Appficiency to take on larger, more complex engagements and expand through strategic acquisitions.\n\nThe Canadian Business Growth Fund (CBGF) provides long-term, patient, minority capital to ambitious entrepreneurs to fund the growth and expansion of mid-market businesses. CBGF makes investments between $5 million and $20 million and operates as an evergreen investment fund with capital commitments totaling $545 million. The fund is committed to long-term partnerships and connects business leaders and sector experts to help its partner businesses achieve their full potential.