Hoot Reading

Hoot Reading in its $3 million Seed financing round

Client

Hoot Reading

Value

$3 million

Service

Emerging and High Growth Companies

Date Closed

October 2021

Industry

Technology

Lead Office

Toronto

 

On October 19, 2021, Hoot Reading announced it had completed its oversubscribed $3 million Seed financing round led by Spin Master Ventures. The proceeds from the financing will be used to expand into new markets, address the needs of underserved children, scale its new corporate platform and grow its team.

Hoot Reading is a Winnipeg-based EdTech start-up focused on providing research-based online reading education.

Osler, Hoskin & Harcourt LLP advised Hoot Reading with a team consisting of Chad Bayne, Justin Dharamdial and Jeremy Lin (Emerging and High Growth Companies).