Emerging and High Growth Companies

BDC and Gibraltar Ventures in connection with CrowdRiff’s US$9 million Series A financing

BDC Capital Inc. and Gibraltar & Company
Team
Michael Grantmyre

Partner, Emerging and High Growth Companies, Calgary

Chad Bayne

Partner, Emerging and High Growth Companies, Toronto

On October 4, 2018, CrowdRiff, an AI-powered visual content marketing platform for travel brands, announced that it closed a US$9 million financing round, with the purchase of Class A Preferred Shares led by Leaders Fund, a Toronto and Atlanta based venture capital firm that primarily invests in enterprise SaaS platforms. High Alpha Capital, Gibraltar & Company, and BDC Capital Inc. also participated in the round.

Osler, Hoskin & Harcourt LLP represented BDC Capital Inc. and Gibraltar & Company with a team consisting of Chad Bayne and Michael Grantmyre (Corporate).

Value
US$9 million
Date Closed
October 4, 2018
Lead Office
Toronto
Team
Michael Grantmyre

Partner, Emerging and High Growth Companies, Calgary

Chad Bayne

Partner, Emerging and High Growth Companies, Toronto