Emerging and High Growth Companies

PayShepherd in its closing of $7 million in a seed financing round

PayShepherd
Key Contact
Michael Grantmyre

Partner, Emerging and High Growth Companies, Calgary

Team
Jacob Young

Associate, Emerging and High Growth Companies, Calgary

Patrick Musgrave

Associate, Emerging and High Growth Companies, Calgary

Callan Kimber

Associate, Corporate, Calgary

On March 6, 2024, PayShepherd announced its closing of $7 million in its second seed financing round. This all-equity financing round was led by Inovia Capital and saw participating from Nashville Capital Network, Thin Air Labs, Accelerate Fund III (a fund managed by Yaletown Partners with support from A100), and undisclosed strategic angel investors. PayShepherd plans on utilizing the financing towards strengthening its presence in North America, specifically in the forestry, mining, manufacturing, and energy sectors.

PayShepherd is a fintech platform that helps companies manage contractor billing and communication between facilities and contractors.

Osler, Hoskin & Harcourt LLP advised PayShepherd with a team consisting of Michael Grantmyre, Jacob Young, Patrick Musgrave (Emerging and High Growth Companies) and Callan Kimber (Corporate).

Value
$7 million
Date Announced
Mar 6, 2024
Lead Office
Calgary
Key Contact
Michael Grantmyre

Partner, Emerging and High Growth Companies, Calgary

Team
Jacob Young

Associate, Emerging and High Growth Companies, Calgary

Patrick Musgrave

Associate, Emerging and High Growth Companies, Calgary

Callan Kimber

Associate, Corporate, Calgary