Emerging and High Growth Companies

Ontopical in its raising of $3.3 million in a seed extension financing round Ontopical in its raising of $3.3 million in a seed extension financing round

Ontopical
Key Contact
Michael Grantmyre

Partner, Emerging and High Growth Companies, Calgary

Team
Patrick Musgrave

Associate, Emerging and High Growth Companies, Calgary

Jacob Young

Partner, Emerging and High Growth Companies, Calgary

On September 14, 2023, Ontopical announced that they secured $3.3 million in a seed extension financing round co-led by Rhino Ventures and Graphite Ventures and saw participation from Accelerate Fund III. The funding also includes a grant from Alberta Innovates. The company plans on utilizing the funding towards assisting companies navigate the local government procurement process.

Ontopical is a Calgary based government market intelligence platform designed to help companies win more work with local governments by detecting early signals of new business using AI.

Osler, Hoskin & Harcourt LLP advised Ontopical with a team consisting of Michael Grantmyre, Jacob Young and Patrick Musgrave (Emerging and High Growth Companies).

Value
$3.3 million
Date Closed
September 14, 2023
Lead Office
Calgary
Key Contact
Michael Grantmyre

Partner, Emerging and High Growth Companies, Calgary

Team
Patrick Musgrave

Associate, Emerging and High Growth Companies, Calgary

Jacob Young

Partner, Emerging and High Growth Companies, Calgary