Emerging and High Growth Companies

Boosted.ai in its US$15-million bridge financing

Boosted.ai

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Expertise
Emerging and High Growth Companies Technology
Key Contacts
Team
Andrew Irwin

Associate, Emerging and High Growth Companies, Toronto

Daniel Tyberg

Associate, Emerging and High Growth Companies, Toronto

On November 25, 2024, Boosted.ai announced it raised US$15 million of financing. This all-equity round had participation from Ten Coves Capital, Spark Capital, Portage Ventures, Royal Bank of Canada and HarbourVest Partners, as well as “certain fund(s)” managed by Fidelity Investments Canada. The company plans on utilizing the funding towards investing in capital for recruitment purposes.

Boosted.ai is an artificial intelligence company specialized in software that enhances portfolio management outcomes for the global financial industry through distributed machine learning.

Osler, Hoskin & Harcourt LLP advised Boosted.ai with a team consisting of Chad Bayne, Andrew Irwin and Daniel Tyberg (Emerging and High Growth Companies).

Value
US$15 million
Date Announced
Nov 25, 2024
Lead Office
Toronto
Key Contacts
Team
Andrew Irwin

Associate, Emerging and High Growth Companies, Toronto

Daniel Tyberg

Associate, Emerging and High Growth Companies, Toronto

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