Tech Company Financing Transactions

Mylo Funding Round

Mylo secured a $2 million Seed funding round on 1/10/2018. Investors included Desjardins Venture Capital, Ferst Capital and private investors.

Transaction Overview

Company Name
Announced On
1/10/2018
Transaction Type
Venture Equity
Amount
$2,000,000
Round
Seed
Investors

Desjardins Venture Capital (Lead Investor) (Jacques Perreault)

Ferst Capital (Lead Investor)

private investors (Lead Investor) (Robert Raich)

Proceeds Purpose
The company plans to use the money for further product development, investing in becoming a full-service personal financial management platform.

Company Information

Company Status
Private & Independent
Industry
FinTech
Mailing Address
642 Courcelles St. 403
Montreal QC, H4C 1C4
Canada
Email Address
Overview
Our inspiration for the name Mylo came from the story of Milo of Croton. Milo was a 6-time Olympic wrestling champion in Greece who developed his incredible strength by carrying a calf up a mountain, each day, until it grew into a bull.
Profile
Mylo LinkedIn Company Profile
Social Media
Mylo Company Twitter Account
Company News
Mylo News
Facebook
Mylo on Facebook
YouTube
Mylo on YouTube

Management Team

Title
Name
Email & Social
Chief Financial Officer
Jon Shannan
  Jon Shannan LinkedIn Profile  Jon Shannan Twitter Account  Jon Shannan News  Jon Shannan on Facebook
Founder
Philip Barrar
  Philip Barrar LinkedIn Profile  Philip Barrar Twitter Account  Philip Barrar News  Philip Barrar on Facebook
VP - Product Management
Eric Lemay
  Eric Lemay LinkedIn Profile  Eric Lemay Twitter Account  Eric Lemay News  Eric Lemay on Facebook


 

 

Browse more venture capital transactions:

Prev: 1/10/2018: Razorpay venture capital transaction
Next: 1/10/2018: Alkami Technology venture capital transaction

 

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