Tech Company Financing Transactions
CoLab Software Funding Round
On 10/20/2021, CoLab Software landed $17 million in Series A funding from Insight Venture Partners and private investors.
Transaction Overview
Company Name
Announced On
10/20/2021
Transaction Type
Venture Equity
Amount
$17,000,000
Round
Series A
Investors
Insight Venture Partners (Lead Investor) (Josh Fredberg)
Proceeds Purpose
The funding will be used for marketing purposes, as the company hasn't spent much on that front to date. CoLab will use the last part of the funding to invest in upcoming products and features that are scheduled to launch later this year and early next year.
Company Information
Company Status
Private & Independent
Industry
Enterprise IT
Mailing Address
5 Hallett Crescent
St. John's NL, A1B 4C4
Canada
St. John's NL, A1B 4C4
Canada
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
We are reinventing the way engineering teams design and build products. CoLab started in 2017 after the founding team continuously experienced the pain of design and manufacturing collaboration while working for some of the world's most innovative companies.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Adam Keating
Chief Technical Officer
Jeremy Andrews
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We document every notable VC transaction. VC investment data records reported here are derived from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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