Resson

Resson in its $14 million Series C financing

Client

Resson

Value

$14 million

Service

Emerging and High Growth Companies

Date Closed

May 2018

Industry

Venture Capital

Lead Office

Toronto


 

On May 8, 2018, Resson announced that it has completed its Series C Financing round of $14 million. The round was led by Mahindra & Mahindra, which joined existing strategic partners, McCain Foods and Monsanto Growth Ventures, as well as existing investors, Build Ventures, Rho Canada, BDC Capital, and the New Brunswick Innovation Foundation.

Mahindra & Mahindra is the latest company to join Resson as a strategic partner. The India based company is the world’s largest selling tractor company by volume and boasts over 500 dealerships in North America.

Resson is a New Brunswick-based predictive analytics company that uses large-scale data analytics and natural learning to help major agricultural producers create efficiencies to maximize production and profit margins.

Osler, Hoskin & Harcourt LLP represented Resson with a team consisting of Chad Bayne, Michael Grantmyre and Andrew Irwin (Corporate). 


Team
Chad Bayne
Key Contact

Chad Bayne

Partner, Emerging and High Growth Companies

Michael Grantmyre

Michael Grantmyre

Associate, Emerging and High Growth Companies

Andrew Irwin

Andrew Irwin

Associate, Emerging and High Growth Companies