Emerging and High Growth Companies

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The Emerging and High Growth Companies Group at Osler is passionate about entrepreneurship and supporting the growth of early and growth stage ventures. Ranked Band 1 in Chambers Canada and located in offices across the country, including Toronto, Vancouver, Montréal, Ottawa and Calgary, our knowledgeable and experienced team members share their insights and expertise with emerging companies to drive business value and to ensure long-term success.

Our group works closely and collaboratively with our Venture Capital teams to help clients recognize, develop and move forward on significant and innovative venture capital opportunities. We advise both emerging and high growth companies and investors nationwide on the unique issues involved in venture capital deals. Osler was ranked as the number one Canadian law firm in the inaugural global venture capital league tables, being the only Canadian firm  ranked among the top five firms globally as advisor to both companies and investors.

We represent entrepreneurs and emerging and growth stage companies nationwide covering a broad spectrum of knowledge-based industries, supporting them through the stages of their lifecycle, providing legal advice on a wide range of issues and requirements faced along the way:

Laying the foundation

Osler’s Startup Package is designed to get your venture off to the right start.

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Protecting your product

You have worked hard to establish your product, and Osler’s leading Intellectual Property and Trademark teams will help you protect what you have built.

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Addressing Risk & Maintaining Compliance

Osler’s Privacy & Data Management team, will help you address the privacy & anti-spam issues that can often arise at various stages of a company’s lifecycle.

Building your team

Osler’s leading  Employment and Labour lawyers will support you in the hiring and management of your team.

Contracting

Our Osler TechSure™ team will help you negotiate contracts with your customers.

Raising funds

Osler’s renowned Venture Capital lawyers focus on getting your deal over the finish line.

Exit

We are a leading firm for M&A transactions and IPOs.

 

Osler has vibrant and ongoing relationships with the most prominent players in both Canada and the United States, including:

  • leading venture capital funds
  • growth equity funds
  • private equity funds
  • pension funds
  • major corporations
  • institutions
  • growing private companies, and
  • IPOs

Through our established national network, our clients have access to potential funders, as well as to other sources of capital, service providers, potential board members, executives, customers and suppliers. Our strong legal referral community includes both international and domestic clients looking for business opportunities in Canada. 

Osler’s transactional deal flow

Osler acts for more than 1,000 early, growth and late-stage ventures and venture investors across Canada, United States and around the world. In the last five years, we have acted on more than 940 angel, venture and private equity financings. In 2020, despite the effects of COVID-19 on the fundraising landscape, Osler advised on 264 deals with more than $2.31 billion raised by emerging and high growth companies

2021 VC deal activity

A summary of these deals is provided below.

Startup program for emerging companies

At Osler, we believe that establishing a foundation for your venture is the key to your future success. That is why we have carefully designed our startup-program to get your venture up and running as quickly as possible, taking into account the standards for venture-backed companies.

Our startup program reflects our long-term commitment when working with emerging companies by providing the highest level of strategic advice and service on a fixed-fee basis. Even after an emerging company has graduated from the program, we are proactive in considering our clients needs and we will continue to deliver legal services on, as much as possible, a competitive fixed-fee basis or a recurring monthly fee basis (instead of the traditional hourly rate model) to provide cost certainty as the company scales and throughout its lifecycle.

Notable graduates of our startup program which have gone on to be successful enterprises include Wealthsimple, Clearco, Xanadu and ApplyBoard.

 

First of its kind

Osler’s Emerging and High Growth Companies Group is proud to have worked on the following deals that were notably mentioned for being the largest or first of its kind.

  1. Verafin – in its sale to NASDAQ for US$2.75B – the largest private tech M&A transaction.
  2. ApplyBoard – in its $100M Series C financing – led the company to a valuation of $2B, obtaining unicorn status.
  3. Wealthsimple – in its $114M equity financing – led the company to a valuation of $1.4B, obtaining unicorn status.
  4. Prodigy – in its $159M Series B financing – one of the largest raises in the Canadian EdTech space.
  5. Waabi – in its US$83.5M Series A financing - one of the largest Series A rounds ever raised by a Canadian startup.
  6. Symend – in its $73M Series B financing – one of the largest Series B rounds in Alberta history.

Many of Osler’s Emerging and High Growth clients are leading the way in fighting COVID-19. We are proud to work with these innovative companies that are at the forefront of fighting this disease with made-in-Canada solutions.

Supporting innovation nationwide

As part of our commitment to Canada’s broader community of entrepreneurs, Osler sponsors a number of programs and organizations across the country that are dedicated to supporting emerging companies. We are committed to the idea that founders with passion, vision and a plan can access the legal and business guidance they need to launch their venture.

Osler helped launch and continues to support the following:

NEXT Canada (Next 36, Next AI and Next Founders), a non-profit charity that helps identify and fast-track the development of Canada’s most talented young innovators.

Creative Destruction Lab (CDL Toronto, CDL Rockies and CDL-Vancouver), a seed stage program for massively scalable science and technology-based companies.

We are also partnering with a number of early stage accelerators such as:

Forum Funds, a SaaS-focused accelerator which provides entrepreneurs with an opportunity to connect with an extensive network of enterprise companies, mentors and investors within the early stage B2B SaaS and enterprise technology space; and

L-Spark, another leading SaaS-focused accelerator which is dedicated to connecting Canada’s SaaS experts to market ready SaaS and cloud companies.

Osler also works with programs to promote women-led businesses such The 51, a “Financial Feminist” platform where investors and entrepreneurs work together to connect women-led capital for women-led businesses.

As well, Osler is a founding sponsor of The Next Big Thing, an entrepreneur-led foundation committed to the next generation of Canadian entrepreneurs. We are committed to working with our fellow sponsors at these and other ventures, such as TandemLaunch, Peerscale (formerly AceTech Ontario), League of Innovators, CIX and the C100, to ensure that founders can access the support they need to launch their venture.


Deals

Osler represents companies and venture capital funds and investors from the pre-seed stage, right through to the high growth and exit stage. Our portfolio of experience demonstrates the broad range of deals and sectors that we have assisted and our ability to help companies to scale their business. Read about a selection of our recent deals below, or access the full list of representative work in the Deals & Cases section of this page.

Pre-Seed

  • ALT TEX in its $1.5 million financing
  • Snack in its US$3.5 million investment

Seed

Series A

  • Waabi in its launch and US$83.5 million Series A financing round
  • EVAH in its $20 million Series A financing round

Series B

  • Blockstream in its US$210 million Series B financing round
  • Canada Drives in its $100 million Series B funding round led by Honor Ventures           

Series C & Beyond

M&A and Exits

 

Industries we support

 

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Chad Bayne

Partner, Emerging and High Growth Companies

Toronto

Mark Longo

Partner, Emerging and High Growth Companies

Vancouver

André Perey

Partner, Emerging and High Growth Companies

Toronto

Justin D. Young

Partner, Emerging and High Growth Companies

Vancouver

David Jamieson

Partner, Emerging and High Growth Companies

Toronto

Shahir Guindi, Ad. E.

National Co-chair

Montréal

Nathalie Beauregard

Partner, Corporate

Montréal

Ed Vandenberg

Partner, Corporate

Ottawa

Robert Lehodey, QC

Partner, Corporate

Calgary

Frank Turner

Partner, Corporate

Calgary

Manveer S. Bisla

Counsel, Emerging and High Growth Companies

Vancouver

Justin Dharamdial

Partner, Emerging and High Growth Companies

Toronto

Michael Grantmyre

Partner, Emerging and High Growth Companies

Calgary

Gary Marshall

Partner, Emerging and High Growth Companies

Toronto

Laura Webb

Partner, Emerging and High Growth Companies

Vancouver

Ryan Unruch

Partner, Emerging and High Growth Companies

Toronto

Jacques Du Plessis

Partner, Emerging and High Growth Companies

Vancouver

  • Neo Financial Technologies

    Neo Financial Technologies in its $185 million Series C Financing

  • Tailscale

    Tailscale in its US$100 million Series B financing round

  • Nicoya Lifesciences

    Nicoya Lifesciences in its acquisition of LSK Technologies

  • Signal 1

    Signal 1 in its collaboration with Unity Health Toronto and TD Bank Group along with its US$10 million Seed financing

  • Sheertex

    Sheertex in its $101 million Series C financing round

  • OneComply

    OneComply in its seed financing round led by Warner Investments

  • e-Zinc

    e-Zinc in its US$25 million Series A financing round

  • Cybrid Technology Inc.

    Cybrid Technology in its $3.8 million seed round

  • AcordPay

    AcordPay in its acquisition by InsurePay

  • COSM Medical

    COSM Medical in its US$3.8 million seed round

  • Fusion Fund

    Fusion Fund in connection with COSM Medical’s US$3.8 million seed round

  • Assembly Digital

    Assembly Digital in its acquisition by St. Joseph Communications

  • PocketHealth

    PocketHealth in its US$16 million Series A financing round

  • FutureFit AI

    FutureFit AI in its C$5.7 million financing round

  • Athennian

    Athennian in its $33 million Series B financing round

  • IntelliCulture

    IntelliCulture in its seed round

  • Helcim

    Helcim in its $16 million Series A financing round

  • iNovia Capital

    iNovia Capital in connection with Talent.com’s US$120 million Series B financing round

  • Validere

    Validere in its US$43 million Series B financing round

  • Calico

    Calico in its US$2 million seed financing

  • Mayday

    Mayday in its seed financing

  • Disco

    Disco in its US$15 million Series A financing round

  • iGan Partners

    iGan Partners in connection with Curv Health’s $5.1 million seed financing round

  • Feroot Security

    Feroot in its US$11 million seed financing

  • Flashfood

    Flashfood in its US$12.3 million Series A financing

  • Find More

  • Chambers Canada: The World's Leading Lawyers for Business: Recognized in Startups & Emerging Companies (Band 1)
  • Refinitiv: Recognized as the #1 Canadian law firm in the Global Venture Capital League Tables