Ritual

Ritual in its Class B Preferred Share financing of approximately US$43.5 million

Client

Ritual

Value

US$43.5 million

Service

Corporate Finance and Securities

Date Closed

September 2017

Lead Office

Toronto


 

On September 25, 2017, Ritual announced its Series B financing round of approximately US$43.5 million.

The round was led by Insight Venture Partners, and was joined by existing investors Greylock Partners, Mantella Venture Partners, Golden Venture Partners and Mistral Venture Partners.

Ritual develops a mobile application that enables individuals to order and pick up coffee and meals, and pay from their smartphones.

Osler, Hoskin & Harcourt LLP represented Ritual with a team consisting of Chad Bayne, Justin Dharamdial, and Arielle Kaplan (Corporate).


Team
Chad Bayne
Key Contact

Chad Bayne

Partner, Corporate

Justin Dharamdial

Justin Dharamdial

Associate, Corporate

Arielle Kaplan

Arielle Kaplan

Associate, Corporate