TealBook

TealBook in its US$50 million Series B financing round

Client

TealBook

Value

US$50 million

Service

Emerging and High Growth Companies

Date Closed

December 2021

Industry

Technology

Lead Office

Toronto

 

On December 14, 2021, TealBook announced its US$50 million Series B financing round led by Ten Coves Capital. TealBook will use this financing to accelerate its data roadmap, introduce new partnerships and integrations, and expand their team to fuel global expansion.

TealBook is a Toronto-based supplier data foundation that uses Artificial Intelligence and Machine Learning to enable supply-side innovation and power e-procurement tech stacks.

Osler, Hoskin & Harcourt LLP advised TealBook with a team consisting of Chad Bayne, Jordana Corber-Tovel, Ferial Fekri, and Michael Grantmyre (Emerging & High Growth Companies).