ODAIA

ODAIA in its raising of $34 million Series B financing

Client

ODAIA

Value

$34 million

Service

Emerging and High Growth Companies

Date Closed

May 2023

Industry

Technology

Lead Office

Toronto

 

On May 1, 2023, ODAIA announced a $34 million Series B financing round. This round was co-led by Threshold Ventures and Monograph Capital, who are both focused on life sciences and healthtech companies. With this financing, ODAIA plans to extend their presence within North America and beyond.

ODAIA is a Toronto based start-up that utilizes artificial intelligence to collect and analyze pharmaceutical data.

Osler, Hoskin & Harcourt LLP advised ODAIA with a team consisting of Chad Bayne, Ryan Unruch, Sahil Chopra, Jordana Corber-Tovel, Nataly Dil, Handi Xu (Emerging and High Growth Companies).