Statflo

Statflo in its Series A Funding of $12 million

Client

Statflo

Value

$12 million

Service

Emerging and High Growth Companies

Date Closed

June 2018

Industry

Venture Capital

Lead Office

Toronto


 

On June 11, 2018, Statflo announced that it has raised $12 million in Series A funding, bringing its total capital raised to $16.5 million. Elsewhere Partners led the round, joined by existing investors Round13 Capital and Globalive Capital, as well as new investors Generation Ventures and automotiveMastermind co-founders Johannes Gnauck and Marco Schnabl

This round of financing will enable Statflo to accelerate development of its intellectual property and provide sufficient capital for the foreseeable future.

Statflo is a Toronto-based sales acceleration platform that is a one to one (1:1) compliant outreach tool that allows wireless and technology retail stores, along with their indirect channels, to proactively drive more store traffic.

Osler, Hoskin & Harcourt LLP represented Statflo with a team consisting of Chad Bayne, Simon Leith and David Jamieson (Corporate). 


Team
Chad Bayne
Key Contact

Chad Bayne

Partner, Corporate

Simon Leith

Simon Leith

Associate, Corporate

David Jamieson

David Jamieson

Associate, Corporate