On November 8, 2021, it was announced that Anthos Capital, a US based investment firm closed its US$10.25 million Series A funding round of a Calgary based SaaS company, Gradient MSP. This round was led by Anthos Capital with participation from StoneMill Ventures, Gula Tech Adventures and Accelerate Fund III.
Founded in 2020, Gradient MSP offers the IT channel ecosystem a business automation and integration platform proven to help MSPs run a smoother, more successful services business by connecting all the solutions they resell and use to their PSA platforms. As part of Gradient MSP’s plan, the fast-growing, Canadian startup is using the investment funds to accelerate its "do well by doing good" strategy across three main categories including Technology Innovation, Company Expansion and MSP Enablement.
Osler, Hoskin & Harcourt LLP acted as Canadian counsel to Anthos Capital with a team consisting of Mark Longo (Emerging & High Growth Companies), Aqeel Virk (Corporate), Adam LaRoche (Employment & Labor), and Jenny Lee (Student).