Information Venture Partners

Information Venture Partners in the $124 million closing of its third venture capital fund

Client

Information Venture Partners

Value

$124 million

Service

Venture Fund Formation

Date Closed

May 2021

Industry

Fintech

Lead Office

Montréal

 

On May 5, 2021, Information Venture Partners announced it had closed its third venture capital fund, raising approx. $124 million. The fund was backed by a group of anonymous partners that invested in the firm in the hopes of modernizing financial services. Information Venture Partners sees the closing of this fund as validation of the company’s growth and expansion within North America.

Information Venture Partners is a Toronto-based venture capital firm that specializes in Business-to-Business (B2B) FinTech and Enterprise Software-as-a-service (SaaS).

Osler, Hoskin & Harcourt LLP advised Information Venture Partners with a team consisting of Chima Ubani and Calvin Leung (Emerging & High Growth Companies).