On June 21, 2018, CareGuide announced that it has closed its Series A financing round of $6 million. iNovia Capital and Plaza Ventures led the round, with participation from Conconi Growth Partners, new Halifax-based venture capital firm, Metric, and US firms, Structure Capital and FJ Labs.
The funding will be used by CareGuide to increase sales and marketing efforts for its portfolio of marketplaces.
iNovia is an early stage venture capital firm that partners with visionary entrepreneurs to build the next generation of digital platforms and services.
CareGuide is a family of online marketplaces for child care, pet care, senior care, and home care services.
Osler, Hoskin & Harcourt LLP represented iNovia with a team consisting of Chad Bayne, David Jamieson, Andrew Irwin (Corporate), and Steven Dickie (Employment & Labour).