Inkbox

Inkbox in its financing of $17 million

Client

Inkbox

Value

$17 million

Service

Emerging and High Growth Companies

Date Closed

July 2018

Industry

Venture Capital

Lead Office

Toronto


 

On July 17, 2018, Inkbox announced that it has raised $17 million. The round was led by Maveron, along with participation from Founders Fund, Cassius, Golden Ventures, KDWC Capital, Flight Ventures and Novel TMT, while Silicon Valley Bank contributed $4 million in venture debt.

Inkbox plans to use the funding to expand its artist marketplace, invest in research and development of longer-lasting tattoos and colours, and scale its operations through strategic hires.

Inkbox is a Toronto-based semi-permanent tattoo company. Inkbox has sold 450,000 tattoos to customers in over 150 countries and currently has a team of 60.

Osler, Hoskin & Harcourt LLP represented Inkbox with a team consisting of Chad Bayne, Michael Grantmyre, Kevin Feng and Shubham Sindhwani (Corporate) and Martha Martindale and Marta Rochkin (Financial Services). 


Team
Chad Bayne
Key Contact

Chad Bayne

Partner, Emerging and High Growth Companies

Michael Grantmyre

Michael Grantmyre

Associate, Emerging and High Growth Companies

Kevin Feng

Kevin Feng

Associate, Corporate

Martha Martindale

Martha Martindale

Partner, Financial Services

Marta Rochkin

Marta Rochkin

Associate, Financial Services