On February 9, 2021, Symend Inc. announced it secured a $54 million Series B extension following its $73 million Series B in May 2020. The new financing brings Symend’s total funding to date to around $130 million. The Series B was led by global technology venture firm, Inovia Capital, with participation from a consortium of investors.
Symend’s digital engagement platform uses behavioral science and data-driven insights to empower customers to resolve past due bills.
Osler, Hoskin & Harcourt LLP advised Symend Inc. with a team consisting of Chad Bayne, Justin Dharamdial, Michael Grantmyre and Alana McElhinney (Emerging and High Growth Companies).