Tech Company Financing Transactions
Neo Financial Funding Round
Neo Financial, based in Calgary AB, raised $185 million from Valar Ventures, Altos Ventures and Blank Slate Venture Fund II.
Transaction Overview
Company Name
Announced On
5/5/2022
Transaction Type
Venture Equity
Amount
$185,000,000
Round
Series C
Investors
Valar Ventures (Lead Investor) (Andrew McCormack)
Tribe Capital (Paul Lee)
Proceeds Purpose
Neo will invest in creating new and innovative products and features for consumers and businesses, launching its mortgage product later this year, and strengthening its position in Quebec
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
632 Confluence Way
Calgary AB, T2G 0G1
Canada
Calgary AB, T2G 0G1
Canada
Phone
Website
Email Address
Overview
Neo is a technology company that's building a better financial experience for all Canadians. With just a push of a button, we're able to hail a ride, stream movies on demand and have hot food delivered to our doors. We've yet to see these innovations applied to the Canadian banking industry, and are acting on the opportunity to reimagine how spending, saving and rewards should be.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Andrew Chau
Co-Founder
Jeffrey Adamson
VP - Engineering
Kris Read
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Where The Data Comes From
We report on tech company VC transactions. VC investment data records reported here are sourced from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
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