On February 22, 2022, RouteThis, a Kitchener-based startup that is a provider of in-home Wi-Fi connectivity support solutions for internet service providers, announced it had completed its $25 million Series A financing round led by iNovia Capital. Existing investors Round 13, Garage Capital, and Ken Miller Capital also took part in the round. With this round, RouteThis plans to expand into new markets outside of North America as well as expand its team by hiring for engineering, sales, and product roles.
iNovia Capital is a Montréal-based venture capital firm which invests in founders to build enduring global technology companies.
Osler, Hoskin & Harcourt LLP advised iNovia Capital with a team consisting of Chad Bayne, Gary Marshall and Dhananjay Ghildyal (Emerging and High Growth Companies).