Deloitte Canada has announced its acquisition of Pocketed (deepND Inc.), a Vancouver-based company specializing in AI-driven funding solutions. The strategic move aims to bolster Deloitte’s capabilities in assisting businesses to access grants, tax credits, and other funding opportunities. This acquisition aligns with Deloitte’s commitment to strengthening Canada’s innovation ecosystem by integrating cutting-edge technology into its advisory services.

Expanding Funding Capabilities

Pocketed has gained recognition for its intelligent matching program, which leverages AI to streamline the process of identifying and securing funding. By incorporating this technology into Deloitte’s existing suite of grant and Scientific Research and Experimental Development (SR&ED) services, the firm will enhance its ability to support clients across various industries. The combination of Pocketed’s automation and Deloitte’s extensive knowledge base is expected to create a seamless funding experience for businesses.

Strategic Growth and Innovation

Deloitte Canada’s Chief Executive Officer, Anthony Viel, emphasized that the acquisition reinforces the firm’s dedication to fostering innovation and growth within the Canadian business landscape. He highlighted that integrating Pocketed’s technology will empower clients to remain competitive in an evolving economic environment. The firm continues to invest in innovative solutions to ensure businesses have access to the necessary resources for sustainable success.

Integration of Expertise

Pocketed’s co-founders, Brianna Blaney and Aria Hahn, along with their team, will join Deloitte Canada as part of the acquisition. The move will enable Pocketed to scale its operations by leveraging Deloitte’s expansive client network and industry expertise. Blaney noted that this collaboration will revolutionize how businesses secure funding, setting a new standard for efficiency and effectiveness.

Advancing AI-Powered Funding Solutions

The acquisition aligns with Deloitte’s broader commitment to artificial intelligence and digital transformation. Deloitte Ventures, the firm’s innovation and investment arm, is expected to accelerate the adoption of Pocketed’s technology. By incorporating AI-driven insights into funding advisory services, Deloitte aims to deliver enhanced value to its clients while streamlining the grant application process.

Integration into Deloitte’s Gi3 Practice

Pocketed will now operate under the name Pocketed, a Deloitte business, and will be integrated into Deloitte’s Gi3 (Government Incentives, Credits, and Grants) practice. With a team of over 150 practitioners in Canada and 1,100 globally, the Gi3 practice specializes in securing non-dilutive funding for businesses. Deloitte’s extensive expertise in working with funding agencies and policymakers will further strengthen Pocketed’s impact.

Commitment to Canada’s Innovation Ecosystem

Deloitte Canada remains dedicated to fostering a dynamic and competitive business environment through strategic investments and alliances. By acquiring Pocketed, the firm aims to empower Canadian businesses with smarter funding solutions that drive long-term economic growth. This partnership underscores Deloitte’s role as a leader in professional services and a catalyst for innovation.

The acquisition of Pocketed represents a significant step forward in Deloitte Canada’s mission to provide industry-leading funding solutions. By combining Pocketed’s AI-powered technology with Deloitte’s deep expertise, the firm is poised to transform how businesses secure the resources they need to thrive. This collaboration is expected to set a new benchmark for funding success, reinforcing Deloitte’s leadership in supporting innovation and economic development in Canada.