Fintech

Brim Financial in its securing of $85 million Series C financing round

On April 3, 2024, Brim Financial announced its closing of a Series C financing round. This round was led by Export Development Canada and saw participation from Vistara Growth, White Owl Group, Epic Ventures and Zions Bank. Brim Financial plans on utilizing the funding towards expanding its...

Lead Office: Toronto Date Closed: April 3, 2024 Value: $85 million

Luge Capital in its closing of $71 million of its target $100 million fund

On September 26, 2023, Luge Capital Inc. announced that it closed $71 million of its target $100 million fund. The Limited Partners in the new fund, Luge Capital Fund II, consisted of existing investors including Caisse de dépôt et placement du Québec (CDPQ), Desjardins, BDC Capital, Sun...

Lead Office: Toronto Date Closed: September 26, 2023 Value: $71 million

NorthOne in its $92 million Series B financing

On October 13, 2022, NorthOne announced it had completed its Series B financing led by Tencent. With this funding, NorthOne plans to build new working capital and credit products, as well as faster and more convenient payment solutions.NorthOne is a banking platform which connects to a...

Lead Office: Toronto Date Closed: October 13, 2022 Value: $92 million

Integral in its $8.5 million Seed Financing

On September 20, 2022, Integral Treasury Inc. announced it had completed its $8.5 million seed financing led by Electric Capital. With this funding, Integral hopes to pursue two goals: to build financial tools allowing for real-time finance and operator decision making, and accelerate its...

Lead Office: Toronto Date Closed: September 20, 2022 Value: $8.5 million

Canalyst in its acquisition by Tegus

On August 2, 2022, Canalyst announced it had been acquired by Tegus, the leading research platform for investors. With this acquisition, Tegus will be able to expand its data offerings and create the first modern research platform purpose-built for fundamental institutional investors. As...

Lead Office: Vancouver Date Closed: August 2, 2022 Value: -

CapIntel in its $14.2 million Series A financing round

On June 14, 2022, CapIntel completed its $14.2 million Series A financing round led by US-based FinTech Collective with participation from Toronto’s Fengate Asset Management on behalf of its investor, the LiUNA Pension Fund of Central and Eastern Canada. With this majority equity round,...

Lead Office: Toronto Date Closed: June 14, 2022 Value: $14.2 million

Neo Financial Technologies in its $185 million Series C Financing

On May 5, 2022, Neo Financial Technologies announced it had completed its $185 million Series C financing  round led by Valar Ventures with participation from Tribe Capital, Altos Ventures, Blank Ventures, Gaingels, Maple VC and Knollwood Investment Advisory. This round values Neo...

Lead Office: Toronto Date Closed: May 5, 2022 Value: $185 million

Responsive in its $3.5 million Series A financing round

On April 21, 2022, Responsive announced it had completed its $3.5 million Series A financing round led by Co-operators, a Canadian insurance company. This all-equity round will support Responsive in its expansion to the United States and European markets. Responsive also intends to...

Lead Office: Vancouver Date Closed: April 21, 2022 Value: $3.5 million

Impression Ventures in the $64 million Initial Closing of its Venture Capital Fund

On April 19, 2022, Impression Ventures announced it had secured $64 million in its fourth venture fund. Fund IV focused on seed investments, but with follow-on capital saved for both Series A and Series B rounds. With this funding, Impression Ventures plans to expand the company’s assets in the...

Lead Office: Montreal Date Closed: April 19, 2022 Value: $64 million

Cybrid Technology in its $3.8 million seed round

On April 7, 2022, Cybrid Technology Inc. completed its $3.8 million seed round financing. The round was led by Golden Ventures, with participation from FinTech-focused investors Luge Capital and Harvest Venture Partners, and the financing will be used to bring Cybrid’s technology to...

Lead Office: Toronto Date Closed: April 7, 2022 Value: $3.8 million