Emerging and High Growth Companies

Thri5 in its US$5.4-million Seed financing Thri5 in its US$5.4-million Seed financing

Thri5
Key Contact
Chad Bayne

Partner, Emerging and High Growth Companies, Toronto

Team
Justin Dharamdial

Partner, Emerging and High Growth Companies, Toronto

Alexander Green

Associate, Emerging and High Growth Companies, Toronto

On September 21, 2026, Thri5 announced that it raised US$5.4 million in Seed financing co-led by Whitecap Venture Partners and Mistral Venture Partners, with participation from MaRS Investment Accelerator Fund, N49P and a group of retail and technology investors. Thri5 plans on utilizing the financing towards expanding its engineering, product and commercial teams and accelerating its go-to-market efforts with enterprise retailers.

Thri5 is a Toronto-based retail technology company that develops an AI-powered execution platform. Its platform analyzes data from retailers’ existing systems, identifies operational opportunities and coordinates actions across head office, field and store teams.

Osler, Hoskin & Harcourt LLP advised Thri5 with a team consisting of Chad Bayne, Justin Dharamdial and Alexander Green (Emerging and High Growth Companies).

Value
US$5.4 million
Date Announced
September 21, 2026
Lead Office
Toronto
Key Contact
Chad Bayne

Partner, Emerging and High Growth Companies, Toronto

Team
Justin Dharamdial

Partner, Emerging and High Growth Companies, Toronto

Alexander Green

Associate, Emerging and High Growth Companies, Toronto