Emerging and High Growth Companies

Symend in its $54 million financing round

Symend
Key Contact
Chad Bayne

Partner, Emerging and High Growth Companies, Toronto

Team
Patrick Musgrave

Associate, Emerging and High Growth Companies, Calgary

Michael Grantmyre

Partner, Emerging and High Growth Companies, Calgary

Jacob Young

Associate, Emerging and High Growth Companies, Calgary

On November 17, 2022, Symend announced it had secured $54 million financing led by iNovia Capital with participation from Impression Ventures, Mistral Venture Partners, BDC’s Growth Venture Co-Investment Fund, BDC Capital’s Women in Technology Fund, Plaza Ventures and Export Development. With this all-equity, all-primary capital round, Symend will focus efforts on both its existing customer base and international expansion, as well as moving into new verticals.

Symend is a Calgary-based start-up that provides a behavioral engagement Software-as-a-Service (SaaS) platform.

Osler, Hoskin & Harcourt LLP advised Symend Holdings with a team consisting of Chad Bayne, Michael Grantmyre, Jacob Young, Patrick Musgrave and Satnam Singh Dosanjh (Emerging and High Growth Companies).

Value
$54 million
Date Closed
November 17, 2022
Lead Office
Toronto
Key Contact
Chad Bayne

Partner, Emerging and High Growth Companies, Toronto

Team
Patrick Musgrave

Associate, Emerging and High Growth Companies, Calgary

Michael Grantmyre

Partner, Emerging and High Growth Companies, Calgary

Jacob Young

Associate, Emerging and High Growth Companies, Calgary