Ryan Unruch

Forma AI in its $45 million Series B financing round

On May 17, 2022, Forma AI announced it had completed its $45 million Series B financing round led by ACME Capital, along with Crosslink Capital, Golden Ventures, Uncork Capital, Xfund and Gaingels. With this financing, Forma AI plans to expand its product development and go-to-market...

Lead Office: Toronto Date Closed: May 17, 2022 Value: $45 million

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

On April 25, 2022, Signal 1 announced strategic collaborations with Unity Health Toronto, a leading health network in Ontario, and TD Bank Group (TD) and its world-leading applied AI division, Layer 6. Signal 1 launched with US$10 million in Seed financing led by iNovia Capital. Other...

Lead Office: Toronto Date Closed: April 25, 2022 Value: US$10 million

Feroot in its US$11 million seed financing

On March 1, 2022, Feroot Security announced its US$11 million seed financing round led by True Ventures. The funds will be used to meet growing customer demand for client-side security solutions by accelerating product development and go-to-market initiatives. Feroot Security is a leading...

Lead Office: Toronto Date Closed: March 1, 2022 Value: US$11 million

Cohere in its US$125 million Series B financing round

On February 15, 2022, Cohere announced it has completed its US$125 million Series B financing round. Cohere’s Series B round was led by Tiger Global, with follow-on participation from founding investor Radical Ventures, Index Ventures, and Section 32. Cohere plans to use the fresh...

Lead Office: Toronto Date Closed: February 15, 2022 Value: US$125 million

OMERS Ventures in connection with ClearEstate’s $16.8 million Series A funding round

On February 3, 2022, ClearEstate, an estate settlement start-up, completed its $16.8 million Series A funding led by OMERS Ventures with participation from Diagram, Torstar and NAVentures. With this funding, ClearEstate plans on expanding to Florida, New York, Texas, and some adjacent...

Lead Office: Toronto Date Closed: February 3, 2022 Value: $16.8 million

Wyvern in its $4.5 million financing

On January 17, 2022, Wyvern announced it has raised $4.5 million across a combination of a $2.25 million seed round, and $2.25 million from a combined pre-seed and government funding. With this funding, Wyvern is set to launch its first satellites to orbit this year and plan on making...

Lead Office: Toronto Date Closed: January 17, 2022 Value: $4.5 million

Agilysys in its US$25 million acquisition of ResortSuite

On December 16, 2021, Agilysys announced its US$25 million acquisition of ResortSuite. This all-cash deal creates the opportunity to bring next generation SaaS solutions to ResortSuite customers and will enable revenue synergies and delivery of integrated hotel property management and...

Lead Office: Toronto Date Closed: -- Value: US$25 million

Vertu Capital in its acquisition of PathFactory

On November 8, 2021, Vertu Capital announced it had acquired a majority stake in PathFactory, a B2B digital marketing platform. The acquisition will provide PathFactory with Vertu Capital’s domain expertise to support the company’s global scaling, and will allow PathFactory to...

Lead Office: Toronto Date Closed: November 8, 2021 Value: -

Float in its US$30 million Series A financing round

On November 3, 2021, Float announced it had completed its US$30 million Series A financing round led by Tiger Global and including participation from Golden Ventures, Susa Ventures, Michael Hyatt, Tiny Capital, Garage Capital, A-Star, and Global Founders Capital. The proceeds from the...

Lead Office: Toronto Date Closed: November 3, 2021 Value: US$30 million

Affinio in its acquisition by NowVertical

On November 1, 2021, Affinio announced its acquisition by NowVertical, a global big data software and services company, for US$7.3 million including US$6 million in cash and subordinate voting shares valued at US$1.3 million. The acquisition expands NowVertical’s position and provides...

Lead Office: Toronto Date Closed: November 1, 2021 Value: US$7.3 million