Sensibill secures $41 mln in Radical Ventures-led round: G&M

Sensibill, a Toronto-based digital receipt management platform, has raised about $41.2 million (US$31.5 million) in its latest financing, according to a report by the Globe and Mail. The round was led by Canadian artificial-intelligence venture capital firm Radical Ventures, the report said. It was joined by Information Venture Partners and First Ascent Ventures (formerly Open Text Enterprise Apps Fund), which led 2017's $17.3 million Series A financing, as well as National Bank of Canada. Founded in 2013 by CEO Corey Gross and CTO Jamie Alexander, Sensibill provides receipt management software that can be built into mobile banking apps.