GradeSlam/Paper secured US $7.5M funding from Reach Capital (lead), Bullpen Capital, Birchmere Ventures, BDC Capital, Real Ventures, Google, Red House Education, Edovate Capital, and Anges Quebec.
BMO Technology & Innovation Banking Group provided $3M debt funding to MILO backed Altus Assessments Inc.
Top Hat raised US $55M in Series D equity and debt funding co-led by Georgian Partners and Inovia Capital with participation of Union Square Ventures, Emergence Capital and Leaders Fund
Korbit Technologies secured US $2 million in seed funding from Khosla Ventures, Real Ventures.
Intercap Equity and Klass Capital backed Docebo priced proposed IPO at $16 per share for gross proceeds of $75M or up to $86.25M if over-allotment option exercised in full
Classcraft secured US $7.5M Series A from Investissement Québec (IQ), Whitecap Venture Partners, Brightspark Ventures, and MaRS Catalyst Fund.
Intercap Equity and Klass Capital backed Docebo to raise up to $86.25 million by way of IPO on TSX
Intercap controlled and Klass Capital backed Docebo filed for initial public offering (IPO) on TSX
ONCAP to acquire undisclosed stake in International Language Academy of Canada (ILAC) from founders Jonathan Kolber and Ilan Cohen.
AEA Investors’ Troxell Communications and H.I.G. Growth Partners’ CDI Technologies merged to form Troxell-CDI and to be led by CDI CEO Erez Pikar
Application platform for international students ApplyBoard raised $55M in Series B from Anthos Capital, Artiman Ventures and others, bringing total funding to $72M.
Early childhood edtech firm HiMama closed first $7.25M institutional round of financing led by Round 13 Capital.
Cybernet Systems/Maplesoft spinoff Digital Education Company Ltd. (DigitalEd) secured $7 million bridge financing
Concordia University completed 20-year $25 million sustainable bond offering and 40-year $50 million senior unsecured bond offering led by RBC Dominion Securities
GradeSlam secured new round of financing with Google Assistant Investment Program, Birchmere Ventures, BDC Capital, Reach Capital, and Anges Quebec.
Onex Corporation (TSX: ONEX)’s Onex Partners IV and V completed acquisition of KidsFoundation Holdings B.V. from H.I.G. Capital
Onex Partners IV completed investment in PowerSchool Group and became an equal partner with Vista Equity Partners.
