Emerging and High Growth Companies

Innerspace in its $10 million Series A financing round

Innerspace

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Expertise
Emerging and High Growth Companies Technology
Key Contact
Chad Bayne

Partner, Emerging and High Growth Companies, Toronto

Team
Andrew Irwin

Associate, Emerging and High Growth Companies, Toronto

 

On August 15, 2023, Innerspace announced that they raised $10 million in a Series A financing round led by Yaletown Partners. This round also saw participation from existing investors including BDC and MaRS’ Investment Accelerator Fund (IAF). The company plans on utilizing this funding towards product development and growing the extent of its operations.

Innerspace, founded in 2014 offers GPS systems for indoor areas, presenting as an indoor mapping and intelligence platform.

Osler, Hoskin & Harcourt LLP advised Innerspace with a team consisting of Chad Bayne, Andrew Irwin, Jordana Corber-Tovel and Darren Gill (Emerging and High Growth Companies).

Value
10 million
Date Closed
August 15, 2023
Lead Office
Toronto
Key Contact
Chad Bayne

Partner, Emerging and High Growth Companies, Toronto

Team
Andrew Irwin

Associate, Emerging and High Growth Companies, Toronto

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