Tech Company Financing Transactions
Neo Financial Funding Round
Neo Financial closed a $39.4 million Series A venture capital round on 12/17/2020. Investors included Valar Ventures, Afore Capital and ATB Financial.
Transaction Overview
Company Name
Announced On
12/17/2020
Transaction Type
Debt
Venture Equity
Venture Equity
Amount
$39,400,000
Round
Series A
Investors
Valar Ventures (Lead Investor) (Andrew McCormack)
private investors (Tobi Lutke)
Proceeds Purpose
With this latest investment, Neo will continue to serve the increasing demand for financial innovation and optionality in Canada.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
632 Confluence Way
Calgary AB, T2G 0G1
Canada
Calgary AB, T2G 0G1
Canada
Phone
Website
Email Address
Overview
Neo is a technology company that's building a better financial experience for all Canadians. With just a push of a button, we're able to hail a ride, stream movies on demand and have hot food delivered to our doors. We've yet to see these innovations applied to the Canadian banking industry, and are acting on the opportunity to reimagine how spending, saving and rewards should be.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Andrew Chau
Co-Founder
Jeffrey Adamson
VP - Engineering
Kris Read
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Where The Data Comes From
We report on tech company VC transactions. VC investment data records reported here are sourced from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
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