Emerging and High Growth Companies

iNovia Capital in Cavelo Inc.’s $5 million seed funding round

Cavelo Inc.

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Expertise
Emerging and High Growth Companies Technology
Key Contact
Gary Marshall

Partner, Emerging and High Growth Companies, Toronto

Team
Nataly Dil

Associate, Emerging and High Growth Companies, Toronto

 

On November 8, 2023, Cavelo announced it had secured $5 million in a seed financing round led by iNovia Captial. The company plans on utilizing the funding towards expanding their offerings and operations.

Cavelo aims to assist businesses reduce cybersecurity data risk and protect their data.

iNovia Capital is a Montréal-based venture capital firm which invests in founders to build enduring global technology companies.

Osler, Hoskin & Harcourt LLP advised Cavelo with a team consisting of Gary Marshall and Nataly Dil (Emerging and High Growth Companies).

Value
$5 million
Date Closed
November 8, 2023
Lead Office
Toronto
Key Contact
Gary Marshall

Partner, Emerging and High Growth Companies, Toronto

Team
Nataly Dil

Associate, Emerging and High Growth Companies, Toronto

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