Emerging and High Growth Companies

Flare in its raising of a $42.5-million Series B financing and related secondary transactions

Flare
Key Contact
Christian Jacques

Partner, Emerging and High Growth Companies, Montréal

Team
Michèle Orr Gaucher

Associate, Emerging and High Growth Companies, Montréal

On December 12, 2024, Flare announced that it raised a $42.5-million Series B financing. This round was led by Base10 Partners and also saw participation from Fonds de solidarité FTQ, Inovia Capital and White Star Capital. The company plans on utilizing the funding towards its marketing efforts in North America and its E.U. expansion.

Flare operates as a cybersecurity startup.

Osler, Hoskin & Harcourt LLP advised Flare with a team consisting of Christian Jacques and Michèle Orr Gaucher (Emerging and High Growth Companies).

Value
$42.5 million
Date Announced
Dec 12, 2024
Lead Office
Montreal
Key Contact
Christian Jacques

Partner, Emerging and High Growth Companies, Montréal

Team
Michèle Orr Gaucher

Associate, Emerging and High Growth Companies, Montréal