Venture Fund Formation

Information Venture Partners in the $124 million closing of its third venture capital fund

Information Venture Partners
Key Contact
Chima Ubani

Partner, Emerging and High Growth Companies, Montréal

Team
Calvin Leung

Partner, Emerging and High Growth Companies, Montréal

 

On May 5, 2021, Information Venture Partners announced it had closed its third venture capital fund, raising approx. $124 million. The fund was backed by a group of anonymous partners that invested in the firm in the hopes of modernizing financial services. Information Venture Partners sees the closing of this fund as validation of the company’s growth and expansion within North America.

Information Venture Partners is a Toronto-based venture capital firm that specializes in Business-to-Business (B2B) FinTech and Enterprise Software-as-a-service (SaaS).

Osler, Hoskin & Harcourt LLP advised Information Venture Partners with a team consisting of Chima Ubani and Calvin Leung (Emerging & High Growth Companies).

Value
$124 million
Date Closed
May 5, 2021
Lead Office
Montréal
Key Contact
Chima Ubani

Partner, Emerging and High Growth Companies, Montréal

Team
Calvin Leung

Partner, Emerging and High Growth Companies, Montréal