On July 11, 2022, Planned Enterprise announced it had completed its $18 million Series A financing round led by Drive Capital with participation from Outsiders Fund, THCAP and N49. This financing came after the platform saw a 400% increase of sales since the beginning of 2022. With this financing, Planned Enterprise will expand its team and work towards providing an all-in-one platform.
Drive Capital is a Columbus, Ohio-based venture capital firm.
Planned Enterprise is a Montreal-based events platform that allows in-person event planners to book social functions.
Osler, Hoskin & Harcourt LLP advised Drive Capital with a team consisting of Chad Bayne, Jordana Corber-Tovel, Janice To and Handi Xu (Emerging and High Growth Companies).