Organization: Mistral Venture Partners

Sensibill raises $17.3 million for fintech data analysis app

Toronto-based fintech company, Sensibill Inc, has raised $17.3 million in series ‘A’ financing to further develop its flagship mobile banking app as it expands into new markets including the US, UK and Australia. The funding round was led by Information Venture Partners, Toronto and OpenText Enterprise Apps Fund, launched in 2015 to invest in disruptive,…

Klipfolio raises $12M in series ‘B’ financing

Ottawa-based Klipfolio has received $12 million in series ‘B’ financing from an investment syndicate led by OMERS Ventures to further develop its cloud app for building and sharing real-time business dashboards on web browsers, TV monitors and mobile devices. Described as a pre-emptive insiders round, the financing is the largest the company has received to…

Accelerator graduate raises $2.1 million in seed funding

The Better Software Company (BSC), a Kanata ON-based developer of business management software, has raised $2.1 million in seed funding. The graduate of the L-SPARK Accelerator program, received $1.35 million from New York City-based ffVenture Capital, with the remainder provided by Mistral Venture Partners, Ottawa, and local angel investors. BSC targets smaller firms in micro…

New $35-million Ottawa VC fund launched

Mistral Venture Partners, a new $35-million venture capital fund, has been launched in the Ottawa area by an ex-pat Canadian who returned to the capital from Silicon Valley to kick-start the initiative. Code Cubitt, formerly with Ciena Ventures and Motorola Ventures, is seeking to attract the participation of wealthy Ottawa investors who traditionally have shied…