Emerging and High Growth Companies

iNovia Capital in CommerceBear’s US$10.5 million funding round

iNovia Capital
Key Contact
Gary Marshall

Partner, Emerging and High Growth Companies, Toronto

Team
Steven Dickie

Partner, Employment and Labour, Toronto

Carrington A. Hickey

Associate, Employment and Labour, Toronto

 

On December 8, 2022, CommerceBear announced it has raised US$10.5 million in funding led by iNovia Capital and Garage Capital. CommerceBear will use the funding to gain market share and to make e-commerce accessible to the furniture and home goods industry. 

iNovia Capital is a Montreal-based venture capital firm which invests in founders to build enduring global technology companies.

CommerceBear is a Toronto-based software company focused on helping furniture makers grow their revenue.

Osler, Hoskin & Harcourt LLP advised iNovia Capital with a team consisting of Gary Marshall (Emerging and High Growth Companies), Steven Dickie and Carrington Hickey (Employment and Labour).

Value
US$10.5 Million
Date Closed
December 8, 2022
Lead Office
Toronto
Key Contact
Gary Marshall

Partner, Emerging and High Growth Companies, Toronto

Team
Steven Dickie

Partner, Employment and Labour, Toronto

Carrington A. Hickey

Associate, Employment and Labour, Toronto