Andrew Irwin Andrew Irwin

Borrowell in its $25 million financing round

On February 22, 2021, Borrowell completed its $25 million financing round. The equity funding included support from a number of new and existing investors and will be used to fund Borrowell’s recent acquisition of Refresh Financial. The proceeds will also be used for overall growth...

Lead Office: Toronto Date Closed: February 22, 2021 Value: $25 million

Homewise Solutions in its $3 million financing round

On February 11, 2021, Homewise Solutions completed its oversubscribed $3 million financing round. The financing was led by Clanton Capital and included new investors MaRS IAF and Epstein Enterprises in addition to a number of angel investors. The proceeds will be used to continue...

Lead Office: Toronto Date Closed: February 11, 2021 Value: $3 million

Axelar in its US$3.75 million financing round

Axelar completed its US$3.75 million seed funding round. The financing was led by Silicon Valley investors including DCVC, Binance X, Lemniscap, Collab+Currency, North Island Ventures, Divergence Ventures and Cygni Labs. The funding will be used to accelerate project development and to...

Lead Office: Toronto Date Closed: November 20, 2020 Value: US$3.75 million

ApplyBoard in its $70 million Series C extension

On September 16, 2020, ApplyBoard completed its $70 million Series C extension. The round was led by new strategic partner, Education Testing Services and included Index Ventures, Blue Cloud Ventures and Harmonic Growth Partners. The funding will be used to grow ApplyBoard’s team and...

Lead Office: Toronto Date Closed: September 16, 2020 Value: $70 million

Acerta in its US$7 million Series A financing round

On September 1, 2020, Acerta completed its US$7 million Series A financing round led by OMERS Ventures, with US$5 million being new capital. The funding will be used to expand and strengthen Acerta’s geographic presence in the Japanese and European automotive markets. The financing...

Lead Office: Toronto Date Closed: September 1, 2020 Value: US$7 million

KitchenMate in its $3.5 million Seed financing round

KitchenMate completed a $3.5 million Seed financing round led by Eniac Ventures and Golden Ventures. KitchenMate  plans to use the funding to bring its product, which allows users to cook fresh, healthy meals at work, at an affordable cost, to the US. KitchenMate was founded with the...

Lead Office: Toronto Date Closed: August 31, 2020 Value: $3.5 million

Closing Folders in its acquisition by iManage

On August 24, 2020, iManage announced it acquired Closing Folders. The acquisition uniquely enables iManage to deliver automation and governance over transactions and deal documents from creation to closing. Closing Folders automates repetitive, error-prone tasks enabling lawyers to reduce...

Lead Office: Toronto Date Closed: August 24, 2020 Value: -

ESC Corporate Services in its acquisition of Paragon

On July 29, 2020, Information Services Corporation (ISC) announced that its wholly owned subsidiary, ESC Corporate Services Ltd. (ESC) has executed a purchase agreement to acquire Paragon Inc. for $70 million. The acquisition of Paragon’s assets will strengthen ESC’s offering...

Lead Office: Toronto Date Closed: August 1, 2020 Value: $70 million

Fable in its $2 million Seed financing round

On July 27, 2020, Fable announced a $2 million Seed financing round led by Disruption Ventures. The financing will help Fable grow its team, build strategic partnerships, and develop new products. Fable tests organizations’ websites, apps and software to ensure that they’re...

Lead Office: Toronto Date Closed: July 27, 2020 Value: $2 million

Solink in its $23 million Series B funding

On June 26, 2020, Solink announced a $23 million investment round led by the venture capital arm of Ontario Municipal Employees Retirement System (“OMERS”). The Series B funding will be used for product development. Solink integrates existing security cameras with business data...

Lead Office: Toronto Date Closed: July 13, 2020 Value: $23 million