Emerging and High Growth Companies Emerging and High Growth Companies

iGan Partners in RNA Diagnostics’ $5 million Series A financing round

On November 8, 2018, RNA Diagnostics announced the closing of their $5 million Series A financing round led by iGan Partners. The funding will be used for continued progress in the trial of RNA Diagnostics’ BREVITY (Breast Cancer Response Evaluation for Individualized Therapy) trial,...

Lead Office: Toronto Date Closed: November 8, 2018 Value: $5 million

Telmetrics in its acquisition by Marchex for US$13.1 million in cash

On November 5, 2018, Marchex, Inc., a leading provider of call analytics that drive, measure, and convert callers into customers, acquired Telmetrics Inc. (“Telmetrics”) for US$13.1 million in cash. Telmetrics, based in Mississauga, Canada, specializes in providing call analytics to...

Lead Office: Toronto Date Closed: November 5, 2018 Value: US$13.1 million

Setter in its US$10 million Series A financing

On November 1, 2018, Setter Inc. (“Setter”) secured a US$10 million in Series A funding co-led by Sequoia Capital and NFX, with participation from Hustle Fund, to expand across North America. This brings the Setter’s total funding to US$12 million following a US$2 million seed...

Lead Office: Toronto Date Closed: November 1, 2018 Value: US$10 million

Venrock's US$15 million Series B investment in Dapper Labs

On November 1, 2018, Dapper Labs, the company behind the world's first and most successful consumer blockchain product, CryptoKitties, raised US$15 million in financing led by Venrock, with participation from GV (formerly Google Ventures) and Samsung NEXT. These funds will be used to...

Lead Office: Toronto Date Closed: November 1, 2018 Value: US$15 million

Chefs Plate in its acquisition by HelloFresh

On October 31, 2018, Chefs Plate was acquired by HelloFresh SE for an undisclosed amount. The transaction will allow Chefs Plate to leverage the strength of the most successful global player in the market and continue to build a sustainable Canadian food system and support the community. Founded...

Lead Office: Toronto Date Closed: October 31, 2018 Value: -

Validere in its $7 million Seed financing

On October 30 2018,  Validere Technologies Inc. (“Validere”) completed a $7 million seed financing round. The round included lead investor Sallyport Investments alongside Y Combinator, Real Ventures, Moment Ventures, and ZhenFund. The new round of funding will fuel...

Lead Office: Toronto Date Closed: October 30, 2018 Value: $7 million

Yaletown Partners Inc. in connection with Finn.AI's $14 million Series A Financing Round

On October 22, 2018, Finn.AI completed a $14 million Series A financing round. The round was led by Yaletown Partners Inc. ("Yaletown") and Flying Fish Partners, with participation from new investors like BDC Capital’s Women in Technology Fund (WIT) and New York-based 1843 Capital....

Lead Office: Montreal Date Closed: October 22, 2018 Value: $14 million

Kepler Communications in its $20.8 million Series A financing

On October 15, 2018, Kepler Communications Inc. (“Kepler”) raised $20.8 million in Series A funding as the company develops the next generation of its satellite. The round was led by Costanoa Ventures, with participation from German railway Deutsche Bahn’s (DB) Digital Ventures...

Lead Office: Toronto Date Closed: October 15, 2018 Value: $20.8 million

Clio in its acquisition of Lexicata

On October 4, 2018, Clio, a Vancouver-based leader in cloud-based legal practice management, announced its acquisition of California-based Lexicata, one of the most popular legal client intake and client relationship management (CRM) solutions on the market. The acquisition of Lexicata marks...

Lead Office: Vancouver Date Closed: October 4, 2018 Value: -

BDC and Gibraltar Ventures in connection with CrowdRiff’s US$9 million Series A financing

On October 4, 2018, CrowdRiff, an AI-powered visual content marketing platform for travel brands, announced that it closed a US$9 million financing round, with the purchase of Class A Preferred Shares led by Leaders Fund, a Toronto and Atlanta based venture capital firm that primarily invests in...

Lead Office: Toronto Date Closed: October 4, 2018 Value: US$9 million