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Neo Financial Technologies Inc., a Calgary-based digital bank, has announced a $360 million Series D fundraising round, consisting of $110 million of equity and $250 million of debt.
This round of funding includes investments from some of the biggest names in the Canadian technology sector, including Shopify CEO and founder Tobi Lütke, Slack founder and former CEO Stewart Butterfield, Roblox CEO David Baszucki, and PointClickCare co-founder and Executive Chair Mike Wessinger. Existing investors, including Valar Ventures, Golden Ventures, Afore Capital, and Thomvest Ventures, also participated in this round.
Parties
Company
Neo Financial
Company
Shopify
Company
Slack
Company
Roblox
Company
PointClickCare
Deal Type
Financing/InvestmentIndustry
Tech/Computer/ITTransaction
$ 360,000,000Deal Status
ClosedClosing Date
11 November 2024