Swyft

Swyft in its US$17.5 million Series A financing

Client

Swyft

Value

US$17.5 million

Service

Emerging and High Growth Companies

Date Closed

April 2021

Industry

Transportation and Logistics

Lead Office

Toronto

 

On April 7, 2021, Swyft, a Toronto-based rapid logistics company, announced it had completed a US$17.5 million Series A financing co-led by Inovia and Forerunner Ventures, with participation from Shopify. Proceeds from the financing will be put towards further expansion into Canada and the United States.

Osler, Hoskin & Harcourt LLP advised Swyft with a team consisting of Chad Bayne, Justin Dharamdial, Jeremy Lin, Theresa Donkor (Emerging and High Growth Companies) and Christine Jackson (Commercial).