Emerging and High Growth Companies

Statflo in its $12 million Series A financing

Statflo
Key Contact
Chad Bayne

Partner, Emerging and High Growth Companies, Toronto

Team
David Jamieson

Partner, Emerging and High Growth Companies, Toronto

 

On June 11, 2018, Statflo announced that it has raised $12 million in Series A funding, bringing its total capital raised to $16.5 million. Elsewhere Partners led the round, joined by existing investors Round13 Capital and Globalive Capital, as well as new investors Generation Ventures and automotiveMastermind co-founders Johannes Gnauck and Marco Schnabl

This round of financing will enable Statflo to accelerate development of its intellectual property and provide sufficient capital for the foreseeable future.

Statflo is a Toronto-based sales acceleration platform that is a one to one (1:1) compliant outreach tool that allows wireless and technology retail stores, along with their indirect channels, to proactively drive more store traffic.

Osler, Hoskin & Harcourt LLP represented Statflo with a team consisting of Chad Bayne, Simon Leith and David Jamieson (Corporate). 

Value
$12 million
Date Closed
June 11, 2018
Lead Office
Toronto
Key Contact
Chad Bayne

Partner, Emerging and High Growth Companies, Toronto

Team
David Jamieson

Partner, Emerging and High Growth Companies, Toronto