Tech Company Financing Transactions
VendAsta Funding Round
VendAsta closed a $14.6 million venture capital round on 10/11/2023. Investors included Foundry Group.
Transaction Overview
Company Name
Announced On
10/11/2023
Transaction Type
Venture Equity
Amount
$14,630,000
Round
Undisclosed
Investors
Foundry Group (Lead Investor)
Proceeds Purpose
This financing provides the company with a clean capital structure and funding for future acquisitions to accelerate growth. Vendasta was recognized on the Globe and Mail's 2023 list of Top Growing Companies in Canada with 135% growth from 2020 to 2022.
Company Information
Company Status
Private & Independent
Industry
Software
Mailing Address
220 3rd Ave. South 405
Saskatoon SK, S7K 1M1
Canada
Saskatoon SK, S7K 1M1
Canada
Phone
Website
Email Address
Not Recorded
Overview
At VendAsta, we're focused on building a platform that helps small and medium businesses do three main things: monitor, manage, and build their online reputations. Available through a white labelled Business Center or via APIs, our tools offer comprehensive online presence solutions that satisfy -- and exceed -- local business's goals.
Management Team
Title
Name
Email & Social
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Where The Data Comes From
Our team works diligently to document funding rounds that are announced publicly. VC investment data records on this site 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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