Tech Company Financing Transactions
CoLab Software Funding Round
CoLab Software, based in St. John's NL, raised $21 million in investment from Insight Venture Partners, Killick Capital and Pelorus Venture Capital.
Transaction Overview
Company Name
Announced On
5/16/2024
Transaction Type
Venture Equity
Amount
$21,000,000
Round
Series B
Investors
Insight Venture Partners (Lead Investor) (Josh Fredberg)
Proceeds Purpose
Much of the investment will go into expanding the team after building a very efficient business in the past few years.
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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