Tech Company Financing Transactions
SHOP.CA Funding Round
Shaw Ventures, Difference Capital Funding and Torstar participated in a $31 million Series B funding round for SHOP.CA. The round was announced on 5/2/2014.
Transaction Overview
Company Name
Announced On
5/2/2014
Transaction Type
Venture Equity
Amount
$31,000,000
Round
Series B
Investors
Proceeds Purpose
SHOP.CA will use the additional capital to continue to build out its proprietary technology stack, add to its merchant network, enrich its customer loyalty initiatives and execute on exciting partnership opportunities here in Canada and globally. In addition, SHOP.CA will ramp up its digital marketing and marketing partnerships as well as hire additional partner-employees to scale the business to profitability.
Company Information
Company Status
Private & Independent
Industry
Internet & IoT
Mailing Address
70 Peter St. 200
Toronto ON, M5V 2G5
Canada
Toronto ON, M5V 2G5
Canada
Phone
Website
Email Address
Overview
To be Canada's number one online shopping destination, helping Canadian consumers have fun with their friends while they shop, share and earn rewards.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Drew Green
Chief Financial Officer
Robert Lee
Chief Marketing Officer
Mark Daprato
Chief Technical Officer
Gary Black
Founder
Trevor Newell
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