Blog Post
Toronto Startup Announces $30.5 million financing round
Toronto software startup Influitive announced that the company has raised $30.5 million in an oversubscribed financing round. Influitive provides software that assists companies with advocate marketing. The financing round was led by Toronto VC firm Georgian Partners, and included many VC investors such as Atlas Venture, Docomo Capital, BDC Capital IT Venture Fund and Relay Ventures. Influitive hopes to go public by 2019.
Market conditions have created a robust climate for top-tier financing, as large VC firms, private equity investors and pension funds are said to have significant unallocated cash. As you think about raising capital, Startupsource's resources on funding can be a helpful guide.
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