JMI Equity

JMI Equity's $115 million investment in Vena

Client

JMI Equity

Value

$115 million

Service

Emerging and High Growth Companies

Date Closed

January 2019

Lead Office

Toronto


On January 9, 2019, Vena Solutions raised $115 million in its equity round ley by new investor JMI Equity. Vena will use the proceeds to scale its operations and expand its financial planning and analysis software business to its customers world-wide.

JMI is an American growth equity firm focused on investing in leading software, internet, business services and healthcare IT companies.

Vena is a Toronto based firm that provides cloud-based financial planning and analysis (FP&A) solutions for medium and large-sized companies to manage their budgeting, forecasting and business planning.

Osler, Hoskin & Harcourt LLP represented JMI with a team that consisted of Chad Bayne, David Jamieson, Justin Dharamdial, Alana McElhinney, Horatiu Porime (Corporate), Shari Cohen (Employment & Labour), Nathaniel Lipkus, Sydney Young and Jaymie Maddox (IP), Kristin Ali (Privacy), Simon Hodgett and Sam Ip (Technology) and Dov Begun (Tax).


Team
Chad Bayne

Chad Bayne

Partner, Emerging and High Growth Companies

David Jamieson

David Jamieson

Associate, Emerging and High Growth Companies

Justin Dharamdial

Justin Dharamdial

Associate, Emerging and High Growth Companies

Alana McElhinney

Alana McElhinney

Associate, Emerging and High Growth Companies

M. Horatiu Porime

M. Horatiu Porime

Associate, Emerging and High Growth Companies

Shari Cohen

Shari Cohen

Associate, Employment & Labour

Nathaniel Lipkus | Intellectual Property Litigator

Nathaniel Lipkus

Partner, Intellectual Property

Sydney Young

Sydney Young

Associate, Intellectual Property

Jaymie Maddox

Jaymie Maddox

Associate, Intellectual Property

Kristin Ali

Kristin Ali, CIPP/C

Associate, Privacy & Data Management

Simon  Hodgett

Simon Hodgett

Partner, Technology

Sam Ip

Sam Ip

Associate, Technology

Dov  Begun

Dov Begun

Partner, Taxation