André Perey André Perey

DoctorCare in its acquisition by WELL Health

On November 2, 2020, WELL Health Technologies Corp. (“WELL Health”) announced it has entered into and closed a definitive share purchase agreement with the shareholders of DoctorCare. With the acquisition of DoctorCare, WELL Health has formed the WELL Billing and Backoffice...

Lead Office: Toronto Date Closed: November 2, 2020 Value: -

Verto in its $2 million Seed financing round

On August 27, 2020, Verto Health completed a $2 million Seed financing round led by MaRS Investment Accelerator Fund. Verto aims to improve clinical workflow by connecting healthcare providers and patients. The startup’s platform uses “digital twin technology,” which...

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

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

Drive Capital in Cyclica’s $23 million Series B financing round

On June 24, 2020, Cyclica announced the close of a $23 million Series B financing round leg by Drive Capital. The financing will accelerate Cyclica’s commercial strategy to create and own hundreds of drug discovery programs across multiple therapeutic areas. These programs are...

Lead Office: Toronto Date Closed: June 24, 2020 Value: $23 million

Atomic Loans in its $3.4 million Seed Funding

On April 15, 2020, Atomic Loans announced they have raised $3.4 million in Seed Funding led by Initialized Capital. The funding will be put toward the company’s research and development efforts and will allow Atomic Loans to work to grow decentralized finance adoption on...

Lead Office: Toronto Date Closed: April 15, 2020 Value: $3.4 million

Quicken Loans and Rock Holdings in Edison Financial’s Preferred Round

Edison Financial raised an undisclosed preferred round led by Rock Holdings, the parent company of Quicken Loans. Edison Financial plans to use the funding for product development, to develop and maintain partnerships with top Canadian lenders and insurers, and to expand its team. Edison...

Lead Office: Toronto Date Closed: -- Value: -

EcoPackers in its $4.3 million seed round

On December 9, 2019, EcoPackers completed its $4.3 million seed round led by Golden Ventures and Horizons Ventures. The funding will be used to hire engineers to create products that meet the requirements of EcoPackers’ partner companies while maintaining its 100% compostable mandate....

Lead Office: Toronto Date Closed: December 9, 2019 Value: $4.3 million

e-ZN Inc. in its $3.4 million seed round

On January 9, 2020,  e-ZN Inc. announced its $3.4 million seed round led by Energy Foundry. The financing will aid in the commercialization and market validation of e-ZN’s energy storage solution, the Zn Reactor.   e-ZN Inc. is a Toronto based growth stage company with a...

Lead Office: Toronto Date Closed: -- Value: $3.4 million

Drive Capital in KOHO Financial’s $25 million Series C financing round

On November 28, 2019, KOHO Financial announced the closing of their $25 million Series C financing round led by Drive Capital. The funding will be used to further KOHO Financial’s growth plan to reposition the company as a venture-capital firm by restructuring its board of directors....

Lead Office: Toronto Date Closed: November 28, 2019 Value: $25 million

SomaDetect in its $2.6 million financing round

On August 12, 2019, SomaDetect Inc. completed its $2.6 million financing round that included investments from New Brunswick Innovation Foundation, the Western New York Impact Investment Fund, and New York Ventures. The startup will use the funds to expand as it works with dairy farmers and...

Lead Office: Toronto Date Closed: 12 August 2019 Value: $2.6 million