Tech Company Financing Transactions

Wattpad Funding Round

Wattpad, based in Toronto ON, secured $51 million from BDC Venture Capital, Peterson Partners and Raine Ventures.

Transaction Overview

Company Name
Announced On
Transaction Type
Venture Equity
Proceeds Purpose
The new funding will support continued investment in machine learning and interactive storytelling, expanding the company's global entertainment footprint in TV, film, digital media, and publishing as it adapts Wattpad stories for new formats, and other innovations. The company also plans to grow its team across all departments.

Company Information

Company Status
Acquired or Merged
Digital Media & VR & AR
Mailing Address
Toronto ON, M1S 7U8
Email Address
Not Recorded
On Wattpad you'll discover a new form of entertainment where you can interact and share stories across text, video, images and through conversations with other readers and writers.
Wattpad LinkedIn Company Profile
Social Media
Wattpad Company Twitter Account
Company News
Wattpad News
Wattpad on Facebook
Wattpad on YouTube

Management Team

Email & Social
Chief Executive Officer
Allen Lau
  Allen Lau LinkedIn Profile  Allen Lau Twitter Account  Allen Lau News  Allen Lau on Facebook
Chief Marketing Officer
Melissa Shapiro
  Melissa Shapiro LinkedIn Profile  Melissa Shapiro Twitter Account  Melissa Shapiro News  Melissa Shapiro on Facebook
Chief Technical Officer
Ivan Yuen
  Ivan Yuen LinkedIn Profile  Ivan Yuen Twitter Account  Ivan Yuen News  Ivan Yuen on Facebook
VP - Bus. Development
Aron Levitz
  Aron Levitz LinkedIn Profile  Aron Levitz Twitter Account  Aron Levitz News  Aron Levitz on Facebook
VP - Engineering
Charles Chan
  Charles Chan LinkedIn Profile  Charles Chan Twitter Account  Charles Chan News  Charles Chan on Facebook
VP - Human Resources
Bonnie Busby
  Bonnie Busby LinkedIn Profile  Bonnie Busby Twitter Account  Bonnie Busby News  Bonnie Busby on Facebook
VP - Operations
Marc Shewchun
  Marc Shewchun LinkedIn Profile  Marc Shewchun Twitter Account  Marc Shewchun News  Marc Shewchun on Facebook
VP - Product Management
Tarun Sachdeva
  Tarun Sachdeva LinkedIn Profile  Tarun Sachdeva Twitter Account  Tarun Sachdeva News  Tarun Sachdeva on Facebook



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We do our best to report on all VC transactions involving tech companies. VC investment data records reported here are sourced from a variety of public sources. The data is sourced from, an affiliated venture.


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