Impression Ventures leads $2.25 mln seed financing of Finaeo
Toronto insurtech platform Finaeo Inc has raised $2.25 million in a seed-stage financing. The round was led by Impression Ventures, whose founder and managing partner, Christian Lassonde, will join the board. 500 Startups, Robo Ventures and iGan Partners also invested. Founded in 2016 by CEO Aly Dhalla, COO Donald Chu and CTO Aaron Alsop, Finaeo has developed a software-as-a-service platform that automates the back-office administration of insurance advisors. It will use the funds raised to hire engineering talent to further enhance the technology. Earlier this year, Impression closed its second fund at more than $30 million.
5 September 2017•4 mins read
