Tech Company Financing Transactions
The Logic Funding Round
On 6/4/2024, The Logic raised $3 million in funding from FT Ventures, Four Cornerstones Capital and Relay Ventures.
Transaction Overview
Company Name
Announced On
6/4/2024
Transaction Type
Venture Equity
Amount
$3,000,000
Round
Undisclosed
Investors
Proceeds Purpose
The investment will help fuel The Logic's growth, which has included an almost 60 per cent increase in paid subscriptions in the last six months and 270 per cent revenue growth over the last three years.
Company Information
Company Status
Private & Independent
Industry
Digital Media & VR & AR
Mailing Address
390 Dupont Street 204
Toronto, ON, M5R 1V9
Canada
Toronto, ON, M5R 1V9
Canada
Phone
Website
Email Address
Overview
The Logic is one of Canada's leading sources of business and technology news, offering subscribers exclusive, in-depth reporting on the businesses, people and policies that are moving the country forward. Founded in 2018, we are an independent organization with a mandate to help make Canada a better place to live and work through fair, accurate, non-partisan journalism.
Management Team
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Where The Data Comes From
We record all VC transactions involving tech companies. All VC database entries 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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