Canada · 
Who invested in Borrowell?
Borrowell's investors include White Star Capital, Portag3 Ventures, Equitable Bank, Gaingels and BDC Capital, and 6 more on record.
2016201820202022
$5.4MSeed$9.5MSeries A$20MSeries B?Venture
Canada · Venture startup
Who invested in Borrowell
Funding summaryUpdated 26 Oct 2026
$35Mraised across 4 rounds since 2014, from 4 sources
$5.4MSeed$9.5MSeries A$20MSeries B
- Latest round
- VentureMay 2022
- Biggest round
- $20MSeries B · Jun 2019
- Investors
- 11 (2 led)
The funding story
Each circle is a round, placed by date and sized by amount. The line above is the running total.
- First round
- Seed, $5.4M Dec 2014
- Biggest round
- $20M Series B · Jun 2019
- Usual gap between rounds
- 2.7 years the median of 3
The rounds
- May 2022VentureAmount undisclosed3 new1 returning
Source recorded
- Jun 2019
- Jul 2017Series A$9.5M2 new1 returning
Portag3 Ventures
Equitable Bank- White Star Capital/ FirstOntario Credit Union
Reported by FinSMEs
- Dec 2014Seed$5.4M5 new
- Roger Martin
- Dan Debow
- Equitable Bank
- John Bitove
- Oakwest Corporation
From a historical funding record
Who was in which round
The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.
Seed2014Series A2017Series B2019Venture2022
White Star CapitalLPortag3 VenturesLEquitable Bank
Gaingels
BDC Capital
Portage VenturesRoger MartinDan DebowJohn BitoveOakwest Corporation
White Star CapitalLPortag3 VenturesLEquitable BankGaingelsBDC CapitalPortage VenturesRoger MartinDan DebowJohn BitoveOakwest CorporationEveryone who backed them
Roger MartinAngel1round
Dan DebowVC firm1round
John Bitoveno record of our own yet1round
Oakwest Corporationno record of our own yet1round
White Star Capital/ FirstOntario Credit Unionno record of our own yet1round
Missing a round, or an investor who was in one? Tell us.
Also claim to have backed them
These 3 firms list Borrowell as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.
Quick answers about Borrowell
How much has Borrowell raised?
Borrowell has raised $35M across 4 rounds since 2014. One round did not disclose an amount, so the total is a floor.
When did Borrowell last raise?
Borrowell's most recent round was a Venture in May 2022.
What was Borrowell's biggest round?
Borrowell's largest round on record is $20M (Series B), in Jun 2019, led by White Star Capital.
Who backed Borrowell first?
Borrowell's first round on record, in Dec 2014, was backed by Roger Martin, Dan Debow and Equitable Bank and 2 others.
What stage is Borrowell at?
Borrowell's latest named round is a Venture, in May 2022.
Where is Borrowell based?
Borrowell is based in Canada.
Who led Borrowell's rounds?
White Star Capital led the Series B in 2019.
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