CoFoMo

What CoFoMo does

COFOMO inc. is a privately held Canadian IT consulting and digital transformation firm founded in 1995 and headquartered in Montreal, Quebec. It operates four Canadian offices (Montreal headquarters, Ottawa, Quebec City, and Toronto) and serves clients across government, transport/mobility, finance and insurance, healthcare, retail, and manufacturing verticals. The firm reports 3,000+ experts including 475+ solution architects, holds 225+ professional technology certifications, and operates 12 centers of excellence spanning technology and business domains.

The company's core offer is professional services delivered across three lines: management consulting and strategic support, architecture/design/solution implementation, and operational support/continuous improvement. Underlying technology spans multi-cloud infrastructure (Microsoft Azure, AWS, Google Cloud, Oracle, OVH Cloud), enterprise platforms (ServiceNow, Salesforce, Acquia, Nutanix), and proprietary products including Grant+ (grant management), Securité+ (security services), and the ADNia data governance platform. AI capability was materially expanded via the September 2025 acquisition of Videns, adding agentic AI implementations and advanced analytics, while data governance expertise is anchored by Denodo-based data virtualization for regulatory compliance, including Quebec's Law 25.

COFOMO monetizes primarily through time-and-materials and fixed-price professional services engagements, with revenue tied to consultant deployment and multi-phase transformation project delivery. GTM is sales-led and enterprise-oriented, leveraging direct client engagement plus channel partnerships with Microsoft, AWS, ServiceNow, and Google Cloud for co-selling and referrals. Disclosed scale signals include a $35M+ active public-sector project portfolio over two years, 50,000+ cumulative client interventions, and a concentrated transport vertical representing 25% of annual revenue. Ownership remains private with no listed parent, although Novacap led a 2021 funding round providing institutional capital that has supported subsequent M&A including Agilia Solutions (Oct 2023), Eperformance (May 2025), Videns (Sept 2025), and Adnia (Oct 2025).

Name

CoFoMo

Legal name

COFOMO inc.

Website

https://cofomo.com

Company type

Private

Founded year

1995

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

COFOMO is a Canadian IT consulting and digital transformation firm serving government, transport, finance, healthcare, retail, and manufacturing clients across Canada. It delivers multi-cloud, data, AI, and enterprise platform implementation via 3,000+ experts operating from four Canadian offices.

Ownership category

akta.pro rank

Product category

IT Consulting Services

NAICS

Management Consulting Services (54161), Computer Systems Design and Related Services (54151)

SIC

Services-Management Consulting Services (8742)

akta.pro primary industry

Digital Workplace & Collaboration Consulting (BPAHAEAH)

akta.pro secondary industry

Governance, Risk & Compliance (GRC) Platforms (BPAEAPAA)

Keywords

• IT consulting services
• Digital transformation
• Cloud migration consulting
• AI consulting services
• Enterprise platform implementation

Headquarters

HQ city

Montréal

HQ country

Canada

HQ region

North America

Offices4 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales

Revenue model

1. Professional IT Consulting Services: COFOMO generates revenue primarily through billable professional services engagements. Consultants and solution architects are deployed on client mandates spanning strategy, architecture, implementation, and operational support. Revenue is driven by headcount deployed on client projects, with engagements structured as time-and-materials or fixed-price mandates.
2. Digital Transformation Project Delivery: End-to-end project delivery engagements covering cloud migration, data platform modernization, AI implementation, and ServiceNow deployments. These multi-phase projects generate revenue through milestone-based or phase-gated billing over the course of multi-month transformations.

Pricing tiers

Go-to-market motion3 records

Distribution channels3 records

Marketing channels6 records

Core offering

CoFoMo provides professional IT consulting and digital transformation services to large organizations, covering management consulting, architecture and solution implementation, and ongoing operational support across cloud, enterprise platforms, data, and AI. The firm complements these services with proprietary software offerings such as Grant+ (grant management), Securité+ (security), and ADNia (data governance), delivered by 3,000+ experts across 12 centers of excellence.

Product overview

COFOMO is a Canadian IT consulting and digital transformation firm offering advisory services and implementation expertise rather than a unified software product. Their portfolio includes proprietary solutions Grant+ (grant management optimization) and Securité+ (security services), supported by three core consulting service lines: Management Consulting and Strategic Support, Architecture/Design/Solution Implementation, and Operational Support/Continuous Improvement. The company operates 12 centers of excellence and has expanded through acquisitions of Videns (AI and advanced analytics) and Eperformance (public sector digital solutions). They specialize in implementing solutions across major technology platforms including AWS, Microsoft Azure, Google Cloud, ServiceNow, and Salesforce.

Differentiator

Problem solved

Functional benefit

Quantifiable outcome

• 40%+ efficiency gains in transportation dispatch and passenger information systems (CAD/ITS) for transport sector clients
• +3 more outcomes

Named customers3 records

Segments6 records

Ideal customer profiles6 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration7 records

AI capability8 records

Feature4 records

Partnerships

Nine partnerships are on record, tiered core and major.

• VidenscoreStrategic or Co-development Partner · 23 September 2025COFOMO acquired Videns, a Quebec-based artificial intelligence company, on September 23, 2025. The acquisition strengthens COFOMO's AI, advanced analytics, and digital transformation capabilities. Videns's expertise in agentic AI (IA agentique) is integrated into COFOMO's consulting practice, with Videns continuing to operate under the COFOMO brand.
• EperformancecoreStrategic or Co-development Partner · 1 May 2025COFOMO acquired Eperformance, an Ottawa-based company specializing in digital solutions for the public sector, on May 1, 2025. The acquisition reinforces COFOMO's presence in the Canadian public sector market and strengthens its Microsoft practice by leveraging Eperformance's specialized expertise.
• Microsoft (Microsoft Azure, Microsoft 365)coreTechnology or IntegrationMicrosoft is a primary technology partner. COFOMO holds Microsoft Azure Virtual Desktop (AVD) specialization (second consecutive year) and maintains a Microsoft 365 center of excellence. The Eperformance acquisition further strengthens the Microsoft practice.
• Amazon Web Services (AWS)coreTechnology or IntegrationAWS is a core technology partner with a dedicated AWS Center of Excellence at COFOMO. The firm provides cloud migration, infrastructure modernization, and FinOps services on the AWS platform.
• ServiceNowcoreTechnology or IntegrationServiceNow is a key platform partner. COFOMO publishes thought leadership on ServiceNow implementation, governance, and risk management, and offers Securite+ as a ServiceNow-based security offering.
• Google CloudmajorTechnology or IntegrationGoogle Cloud is a listed technology partner, with COFOMO offering cloud migration and modernization services on the Google Cloud Platform.
• OraclemajorTechnology or IntegrationOracle is listed as a technology partner, with COFOMO providing Oracle-based consulting and implementation services.
• SalesforcemajorTechnology or IntegrationSalesforce is listed as a technology partner, with COFOMO providing Salesforce implementation and integration services.
• DenodocoreTechnology or IntegrationCOFOMO partnered with Denodo to deploy data virtualization platforms for clients, enabling compliance with Quebec's Law 25. The Denodo platform allows granular data access control, enterprise-wide masking, audit trails, and real-time consent tracking across heterogeneous data sources.

Scale indicators13 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• CGI Group: CGI is Canada's largest IT and business consulting firm with a comparable mix of management consulting, systems integration and digital transformation services, targeting enterprise and government clients across multiple verticals. CoFoMo operates in the same Canadian mid-to-large market with overlapping technology stacks (Microsoft, AWS, ServiceNow).
• Talan: Talan is a France-headquartered international IT consulting firm with a major Quebec/Montreal presence, delivering digital transformation, data and AI consulting. The geographic, capability and headcount overlap with CoFoMo makes it the most locally comparable direct competitor in Quebec.
• Slalom: Slalom is a North American technology and business consulting firm specializing in digital transformation, cloud, data/AI, and Salesforce/ServiceNow/Microsoft ecosystem implementations. CoFoMo mirrors Slalom's technology-partner-led GTM, project-based delivery model and vertical specialization (public sector, transport, healthcare).

Regional players

• MNP: MNP is a major Canadian accounting, tax and business consulting firm with a growing digital and technology consulting practice serving Canadian mid-market enterprises and government. It competes for the same Canadian SMB and public-sector clients as CoFoMo.

Emerging players

• Thoughtworks: Thoughtworks is a global technology consultancy specializing in custom software, cloud modernization, data and AI engineering - a capability profile that closely matches CoFoMo's architecture and AI/data engineering practices following the Videns acquisition.

Broad incumbents

• Wipro: Wipro is a global IT services firm with broad consulting, cloud, data/AI and ServiceNow capabilities that compete for large Canadian and North American transformation programs. It represents the global SIs that increasingly bid against CoFoMo's Canadian enterprise and public-sector clients.
• Accenture: Accenture is the global leader in IT services and consulting with deep Microsoft, AWS, ServiceNow, Google Cloud and Salesforce practices that overlap directly with CoFoMo's core offerings. It competes for the same large Canadian enterprise and government transformation mandates, though at materially larger scale.
• Capgemini: Capgemini is a global IT services and consulting giant whose cloud, data and AI practices compete for the same digital transformation mandates CoFoMo serves. Its Canadian footprint and Microsoft/AWS/ServiceNow alliances make it a broad incumbent in CoFoMo's target market.
• KPMG Canada: KPMG Canada's Advisory practice spans management consulting, technology transformation and data/analytics services that overlap with CoFoMo's advisory and ServiceNow/governance offerings, particularly across Canadian public-sector and large-enterprise clients.
• Deloitte Canada: Deloitte's Canadian practice delivers management consulting, technology implementation and digital transformation services across public sector, financial services and transport - verticals where CoFoMo is also concentrated. It competes for the same large Canadian government and enterprise digital mandates.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/cofomo
• Xx.com/cofomotalents
• Facebookfacebook.com/cofomoti

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Subsidiaries2 records

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A4 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about CoFoMo