Investment Summary

Canadian Business Growth Fund Invests In Xello

On May 7, 2020, growth capital firm Canadian Business Growth Fund invested in internet software and services company Xello

Investment Highlights
  • This is Canadian Business Growth Fund’s 2nd transaction in the Internet Software and Services sector.
  • This is Canadian Business Growth Fund’s 11th transaction in Canada.
  • This is Canadian Business Growth Fund’s 7th transaction in Ontario.

Investment Summary

Date 2020-05-07
Target Xello
Sector Internet Software and Services
Investor(s) Canadian Business Growth Fund
Deal Type Growth Capital

Target

Xello

Toronto, Ontario, Canada
Xello is an educational technology company providing college and career readiness solutions to students in kindergarten to grade 12. Xello was founded in 1995 and is based in Toronto, Ontario.

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Investor(S) 1

Investor
DESCRIPTION


DEAL STATS #
Overall 11 of 29
Sector (Internet Software and Services) 2 of 6
Type (Growth Capital) 9 of 19
State (Ontario) 7 of 13
Country (Canada) 11 of 29
Year (2020) 3 of 8
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-05-01 ThoughtWire

Toronto, Ontario, Canada

ThoughtWire is a patented property technology platform that creates a “Digital Twin” of its environment to drive efficient operations and aid in the management of assets and workflow processes. The Company’s smart technology platform is used in property management and hospitals to achieve automation and provide real-time guidance to predict and resolve issues, ensure safety, achieve energy savings and deliver optimal experiences to tenants, clients and patients. ThoughtWire was founded in 2009 and is based in Toronto, Ontario.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-06-02 MaxSold

Kingston, Ontario, Canada

MaxSold is an online marketplace for buyers and sellers to help people to clear household contents. Working directly with downsizing, estate, and relocation clients, and with over 500 partner companies in the elder care and relocation industries, MaxSold has already helped over 16,000 clients sell over 1.8 million items. MaxSold is based in Kingston, Ontario.

Buy -