Tech Company Financing Transactions
PolicyMe Funding Round
Blue Cross of Canada and Securian Canada invested in a $21.5 million capital raise for PolicyMe. The financing was announced on 4/16/2025.
Transaction Overview
Company Name
Announced On
4/16/2025
Transaction Type
Venture Equity
Amount
$21,500,000
Round
Undisclosed
Investors
Proceeds Purpose
The company intends to use the funds to accelerate the expansion of new products, including its digital offerings and health and dental coverage.
Company Information
Company Status
Private & Independent
Industry
InsureTech
Mailing Address
56 The Esplanade, 201
Toronto, Ontario, M5E 1A7
CA
Toronto, Ontario, M5E 1A7
CA
Phone
Website
Email Address
Overview
Protecting loved ones is on the minds of millions of Canadians. In a time of economic uncertainty, it's important for people to realize that doing so is easier and more affordable than they may have been led to believe.
Management Team
Title
Name
Email & Social
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Where The Data Comes From
We do our best to document every notable VC transaction. VC transactions reported here are sourced from a variety of public sources. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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