Emerging and High Growth Companies

Drive Capital in connection with Planned Enterprise’s $18 million Series A financing round

Drive Capital
Key Contact
Chad Bayne

Partner, Emerging and High Growth Companies, Toronto

Team
Handi Xu

Associate, Emerging and High Growth Companies, Toronto

 

On July 11, 2022, Planned Enterprise announced it had completed its $18 million Series A financing round led by Drive Capital with participation from Outsiders Fund, THCAP and N49. This financing came after the platform saw a 400% increase of sales since the beginning of 2022. With this financing, Planned Enterprise will expand its team and work towards providing an all-in-one platform.

Drive Capital is a Columbus, Ohio-based venture capital firm.

Planned Enterprise is a Montreal-based events platform that allows in-person event planners to book social functions.

Osler, Hoskin & Harcourt LLP advised Drive Capital with a team consisting of Chad Bayne, Jordana Corber-Tovel, Janice To and Handi Xu (Emerging and High Growth Companies).

Value
$18 million
Date Closed
July 11, 2022
Lead Office
Toronto
Key Contact
Chad Bayne

Partner, Emerging and High Growth Companies, Toronto

Team
Handi Xu

Associate, Emerging and High Growth Companies, Toronto