Emerging and High Growth Companies

Symend Inc. in its $54 million Series B extension

Symend Inc.
Key Contact
Chad Bayne

Partner, Emerging and High Growth Companies, Toronto

Team
Justin Dharamdial

Partner, Emerging and High Growth Companies, Toronto

Michael Grantmyre

Partner, Emerging and High Growth Companies, Calgary

 

On February 9, 2021, Symend Inc. announced it secured a $54 million Series B extension following its $73 million Series B in May 2020. The new financing brings Symend’s total funding to date to around $130 million. The Series B was led by global technology venture firm, Inovia Capital, with participation from a consortium of investors.

Symend’s digital engagement platform uses behavioral science and data-driven insights to empower customers to resolve past due bills.

Osler, Hoskin & Harcourt LLP advised Symend Inc. with a team consisting of Chad Bayne, Justin Dharamdial, Michael Grantmyre and Alana McElhinney (Emerging and High Growth Companies).

Value
$54 million
Date Closed
February 9, 2021
Lead Office
Toronto
Key Contact
Chad Bayne

Partner, Emerging and High Growth Companies, Toronto

Team
Justin Dharamdial

Partner, Emerging and High Growth Companies, Toronto

Michael Grantmyre

Partner, Emerging and High Growth Companies, Calgary