On July 17, 2018, Inkbox announced that it has raised $17 million. The round was led by Maveron, along with participation from Founders Fund, Cassius, Golden Ventures, KDWC Capital, Flight Ventures and Novel TMT, while Silicon Valley Bank contributed $4 million in venture debt.
Inkbox plans to use the funding to expand its artist marketplace, invest in research and development of longer-lasting tattoos and colours, and scale its operations through strategic hires.
Inkbox is a Toronto-based semi-permanent tattoo company. Inkbox has sold 450,000 tattoos to customers in over 150 countries and currently has a team of 60.
Osler, Hoskin & Harcourt LLP represented Inkbox with a team consisting of Chad Bayne, Michael Grantmyre, Kevin Feng and Shubham Sindhwani (Corporate) and Martha Martindale and Marta Rochkin (Financial Services).
Key Contact
Partner, Emerging and High Growth Companies, Toronto
Team
Associate, Corporate, Toronto
Partner, Financial Services, Toronto
Partner, Financial Services, Vancouver
Partner, Emerging and High Growth Companies, Calgary