Arteria AI

Arteria AI in its $46 million Series B financing round

Client

Arteria AI

Value

$46 million

Service

Emerging and High Growth Companies

Date Closed

October 2023

Industry

Technology

Lead Office

Toronto

 

On October 26, 2023, Arteria AI announced a $46 million Series B financing round led by GGV Capital and was supported by Illuminate Financial, Information Venture Partners (Information VP), BDC Capital, and Citi. The company plans on using the funding towards its market and product development initiatives.

Arteria AI, is a Toronto based company that applies artificial intelligence to the drafting, negotiation, and analysis of contracts.

Osler, Hoskin & Harcourt LLP advised Arteria AI with a team consisting of Chad Bayne, Justin Dharamdial, Alexandra Alacchi and Bryan Salazar Roldan (Emerging and High Growth Companies).