CareGuide secures Series A financing

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By Ted Liu

CareGuide Inc. has closed a Series A round of financing, raising $[mepr-active rule=”374″ ifallowed=”hide”]#where and how did you get your news? Subscribe today to see our research on this and all other subscriber ONLY news. Be informed.#[/mepr-active][mepr-active rule=”374″]7,383,258.58 through the issuance of Series A-1, A-2 and A-3 preferred shares (4,279,375 Series A-1, 575,460 Series A-2, and 4,520,341 Series A-3) from 30 investors. iNovia Capital led the financing with participation of Hedgewood Inc., Two Small Fish Ventures, Structure Capital, 500 Startup, and private/angle investors from Alberta, Nova Scotia BC, Ontario, and Czech Republic. LaBarge Weinstein LLP. CareGuide previously raised $4 million in seed financing and $1 million in sub-debt financing from RBC.[/mepr-active]

CareGuide is a family of online services, pairing families and individuals with great care providers. The company offering online services through CanadianNanny.ca, Sitter.com, Housekeeper.com, PetSitter.com, ElderCare.com and HouseSitter.com.

photo credit: CareGuide