Tech Company Financing Transactions
Avanti Software Funding Round
On 3/21/2022, Avanti Software secured $25 million in funding from Round 13 Capital, Scotiabank and private investors.
Transaction Overview
Company Name
Announced On
3/21/2022
Transaction Type
Debt
Venture Equity
Venture Equity
Amount
$25,000,000
Round
Undisclosed
Investors
Round 13 Capital (Lead Investor) (Brahm Klar)
Proceeds Purpose
With this injection of capital, Avanti plans to expand its world class engineering and product teams to accelerate the development of its cloud platform, and complete the transformation of its on-premise software to a best-in-class HCM solution.
Company Information
Company Status
Private & Independent
Industry
Enterprise IT
Mailing Address
140 10th Ave. SE 900
Calgary AB, T2G 0R1
Canada
Calgary AB, T2G 0R1
Canada
Phone
Website
Email Address
Overview
Avanti isn't a start-up. In fact, we've been in the payroll business for over 40 years. But in 2016, everything changed. That was when Avanti co-CEO, Amin Lalani found and acquired our then 36-year-old Calgary company with the desire to improve upon a good thing through product innovation and a people-first mindset.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
David Cord
Chief Executive Officer
Amin Lalani
Chief Financial Officer
Leslie Westhaver
VP - Client Services
Elisha Elliott
VP - Engineering
Matthew Cave
VP - Human Resources
Lindsay Grigore
VP - Product Management
Gregory Beckman
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Next: 3/21/2022: Plotlogic venture capital transaction
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Where The Data Comes From
We report on funding rounds that are announced publicly. VC investment data records on this site are sourced from a variety of public sources. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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