Tech Company Financing Transactions

Finaeo Funding Round

Luge Capital, iGan Partners and Impression Ventures invested in a $4 million Seed funding round for Finaeo. The round was announced on 3/27/2019.

Transaction Overview

Company Name
Announced On
3/27/2019
Transaction Type
Venture Equity
Amount
$3,993,100
Round
Seed
Investors

Luge Capital (Lead Investor) (Karim Gillani)

iGan Partners

Impression Ventures (Christian Lassonde)

iNovia Capital

private investors (Alex Norman)

RGAx

Rising Tide Fund

Proceeds Purpose
Dhalla said the company plans to use its current funding to help with its marketing strategy, which to date has seen zero spend and has been completely organic.

Company Information

Company Status
Private & Independent
Industry
InsureTech
Mailing Address
1087 Queen St. 400
West Toronto ON, M6J 1H3
Canada
Email Address
Overview
Finaeo is a Canadian insurtech platform built for financial advisors, particularly with a focus towards group benefits and individual/voluntary insurance. Finaeo helps advisors in these verticals automate their back-office administration by providing a digital assistant powered by a custom-built CRM engine.
Profile
Finaeo LinkedIn Company Profile
Social Media
Finaeo Company Twitter Account
Company News
Finaeo News
Facebook
Finaeo on Facebook
YouTube
Finaeo on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Aly Dhalla
  Aly Dhalla LinkedIn Profile  Aly Dhalla Twitter Account  Aly Dhalla News  Aly Dhalla on Facebook
Chief Technical Officer
Steve Henry
  Steve Henry LinkedIn Profile  Steve Henry Twitter Account  Steve Henry News  Steve Henry on Facebook
VP - Bus. Development
Jonathan Bega
  Jonathan Bega LinkedIn Profile  Jonathan Bega Twitter Account  Jonathan Bega News  Jonathan Bega on Facebook
VP - Bus. Development
Donald Chu
  Donald Chu LinkedIn Profile  Donald Chu Twitter Account  Donald Chu News  Donald Chu on Facebook


 

 

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Prev: 3/27/2019: ForAllSecure venture capital transaction
Next: 3/27/2019: ChargeWheel venture capital transaction

 

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Where The Data Comes From

We do our best to document every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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