On November 17, 2022, Symend announced it had secured $54 million financing led by iNovia Capital with participation from Impression Ventures, Mistral Venture Partners, BDC’s Growth Venture Co-Investment Fund, BDC Capital’s Women in Technology Fund, Plaza Ventures and Export Development. With this all-equity, all-primary capital round, Symend will focus efforts on both its existing customer base and international expansion, as well as moving into new verticals.
Symend is a Calgary-based start-up that provides a behavioral engagement Software-as-a-Service (SaaS) platform.
Osler, Hoskin & Harcourt LLP advised Symend Holdings with a team consisting of Chad Bayne, Michael Grantmyre, Jacob Young, Patrick Musgrave and Satnam Singh Dosanjh (Emerging and High Growth Companies).