On March 8, 2022, Calico announced it has raised US$2 million in financing led by Serena Ventures, with participation from San Francisco-based Maple VC and Hyphen Capital, Montréal’s Inovia Capital, and Toronto-based Roach Capital. With this all-equity seed round, Calico will help direct-to-consumer fashion brands improve their supply chain operations.
Calico is a product development OS that powers apparel, accessories and home goods products from concept.
Osler, Hoskin & Harcourt LLP advised Calico with a team consisting of Chad Bayne and Justin Dharamdial (Emerging and High Growth Companies).