Provision Analytics

Provision Analytics in its $6 million financing round

Client

Provision Analytics

Value

$6 million

Service

Emerging and High Growth Companies

Date Closed

January 2022

Industry

Technology

Lead Office

Calgary

 

On January 13, 2022, Provision Analytics announced it has raised $6 million in a round led by Level 46 Investments, a private special-purpose entity established by the co-founders of TriWest Capital Partners. Trailhead Capital, Serra Ventures, Waterpoint Lane, and Voyager, along with other private investors, participated in the round, which brings Provision’s total funding to $8.2 million. Provision also announced that DNV Global took an undisclosed equity position in the company as part of a new partnership which will help Provision move into the European market.

Provision Analytics is a startup with a software platform that simplifies food safety audits and analytics.

Osler, Hoskin & Harcourt LLP advised Provision Analytics with a team consisting of Jacob Young, Robert Lehodey, Carson Wetter and Lindsay Hofer (Corporate).