# Borrowell funding: rounds and investors > Borrowell has raised $35M across 4 rounds since 2014. Investors include White Star Capital, Portag3 Ventures and Equitable Bank. Every round with its source. Source: https://millionrounds.com/company/borrowell (Millionrounds; every figure on the page links to its filing or article) Canada · [Venture startup](https://millionrounds.com/companies) # Who invested in *Borrowell* 4 rounds we have observed, with the 11 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it. AI Fintech Funding summary Updated 26 Oct 2026 **$35M** raised across 4 rounds since 2014, from 4 sources **$5.4M** Seed **$9.5M** Series A **$20M** Series B - **Latest round:** Venture May 2022 - **Biggest round:** $20M Series B · Jun 2019 - **Investors:** 11 (2 led) See who backed them ## The funding story Each circle is a round, placed by date and sized by amount. The line above is the running total. 2016 2018 2020 2022 **$5.4M** Seed **$9.5M** Series A **$20M** Series B **?** Venture - **First round:** Seed, $5.4M - **Biggest round:** $20M - **Usual gap between rounds:** 2.7 years ## The rounds - **May 2022** Venture **Amount undisclosed** *3 new* *1 returning* [Gaingels](https://millionrounds.com/fund/gaingels) [BDC Capital](https://millionrounds.com/fund/bdc-venture-capital) [White Star Capital](https://millionrounds.com/fund/white-star-capital) [Portage Ventures](https://millionrounds.com/fund/portage-vc) Source recorded - **Jun 2019** Series B **$20M** *1 new* *1 returning* [White Star Capital](https://millionrounds.com/fund/white-star-capital) Lead [Portag3 Ventures](https://millionrounds.com/fund/portag3-ventures) Lead Reported by BetaKit - **Jul 2017** Series A **$9.5M** *2 new* *1 returning* [Portag3 Ventures](https://millionrounds.com/fund/portag3-ventures) [Equitable Bank](https://millionrounds.com/fund/equitable-bank) White Star Capital/ FirstOntario Credit Union Reported by FinSMEs - **Dec 2014** Seed **$5.4M** *5 new* [Roger Martin](https://millionrounds.com/fund/roger-martin) [Dan Debow](https://millionrounds.com/fund/dan-debow) [Equitable Bank](https://millionrounds.com/fund/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. **Seed** 2014 **Series A** 2017 **Series B** 2019 **Venture** 2022 [White Star Capital](https://millionrounds.com/fund/white-star-capital) L [Portag3 Ventures](https://millionrounds.com/fund/portag3-ventures) L [Equitable Bank](https://millionrounds.com/fund/equitable-bank) [Gaingels](https://millionrounds.com/fund/gaingels) [BDC Capital](https://millionrounds.com/fund/bdc-venture-capital) [Portage Ventures](https://millionrounds.com/fund/portage-vc) [Roger Martin](https://millionrounds.com/fund/roger-martin) [Dan Debow](https://millionrounds.com/fund/dan-debow) John Bitove Oakwest Corporation ## Everyone who backed them [White Star Capital](https://millionrounds.com/fund/white-star-capital) VC firm **2** rounds, led 1 [Portag3 Ventures](https://millionrounds.com/fund/portag3-ventures) VC firm **2** rounds, led 1 [Equitable Bank](https://millionrounds.com/fund/equitable-bank) VC firm **2** rounds [Gaingels](https://millionrounds.com/fund/gaingels) Private equity **1** round [BDC Capital](https://millionrounds.com/fund/bdc-venture-capital) VC firm **1** round [Portage Ventures](https://millionrounds.com/fund/portage-vc) VC firm **1** round [Roger Martin](https://millionrounds.com/fund/roger-martin) Angel **1** round [Dan Debow](https://millionrounds.com/fund/dan-debow) VC firm **1** round John Bitove no record of our own yet **1** round Oakwest Corporation no record of our own yet **1** round White Star Capital/ FirstOntario Credit Union no record of our own yet **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=borrowell). ## 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. [Kensington Capital Partners Limited](https://millionrounds.com/fund/kensington-capital-partners-limited) VC firm Per its own site [Freycinet Ventures (Freycinet Investments Ltd.)](https://millionrounds.com/fund/freycinet-ventures-freycinet-investments-ltd) Accelerator Per its own site [Rogue Insight Capital](https://millionrounds.com/fund/rogue-insight-capital) VC firm Per its own site ## Quick answers about Borrowell ### Who invested in Borrowell? Borrowell's investors include White Star Capital, Portag3 Ventures, Equitable Bank, Gaingels and BDC Capital, and 6 more on record. ### 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. ## Companies like Borrowell In the same sector, and raised in the last eighteen months. [**Neo Financial** $182M · Oct 2026](https://millionrounds.com/company/neo-financial)[**Quminex** $1.1M · Oct 2026](https://millionrounds.com/company/quminex)[**Biossil** $153M · Sept 2026](https://millionrounds.com/company/biossil)[**Astrus** $20M · Sept 2026](https://millionrounds.com/company/astrus)[**Altis Labs** $31M · Sept 2026](https://millionrounds.com/company/altis-labs)[**Thri5** $5.4M · Sept 2026](https://millionrounds.com/company/thri5) ## Find investors like these Search every investor by what they have actually funded, then narrow to your stage and market. Free. Open the investor searchOr these rounds in the app