Neo Financial Raises $50 Million in Series A Funding and Debt Financing
Dec 16, 2020•almost 5 years ago
Amount Raised
$50 Million
Round Type
series a
Description
Today, Neo Financial (Neo), a technology company created by two of the co-founders of SkipTheDishes, announced it has completed a $25 million Series A fundraising round alongside $25 million in debt facility financing, bringing this funding round total to $50 million CAD. Amidst an unprecedented year, this raise marks one of the largest Series A funding rounds in Western Canada.
Funding Insights
Based on industry dataTech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech