Canada · Series B startup

Who invested in CoolIT Systems

2 rounds we have observed, with the 3 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.

Hardware & Electronics

Funding summaryUpdated 26 Oct 2026

$10Mraised across 2 rounds since 2009, from 2 sources

$3.8MSeries A$6.2MSeries B
Latest round
Series B, $6.2MOct 2011
Step-upi
1.6×
Investors
3
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.

20102011
$3.8MSeries A$6.2MSeries B
First round
Series A, $3.8M
Oct 2009
Biggest round
$6.2M
Series B · Oct 2011
Between rounds
2 years
from the last two

The rounds

  1. Oct 2011
    Series B$6.2M1 new1 returning

    Reported by finsmes.comSEC filing: $6.5M sold, first sale Jun 2011

  2. Oct 2009
    Series A$3.8M2 new

    Reported by coolitsystems.com

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.

Everyone who backed them

Inovia CapitalVC firm2rounds
AVAC LtdInvestment firm1round

Missing a round, or an investor who was in one? Tell us.

Also claim to have backed them

These 3 firms list CoolIT Systems 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.

Verdex CapitalVC firmPer its own site
Cedar Mundi VenturesVC firmPer its own site
Bellnote Partners LLCVenture studioPer its own site

Quick answers about CoolIT Systems

Who invested in CoolIT Systems?

CoolIT Systems's investors include Inovia Capital, Chart Venture Partners and AVAC Ltd.

How much has CoolIT Systems raised?

CoolIT Systems has raised $10M across 2 rounds since 2009.

When did CoolIT Systems last raise?

CoolIT Systems's most recent round was a Series B of $6.2M in Oct 2011.

What was CoolIT Systems's biggest round?

Its most recent round, $6.2M in Oct 2011, is also its largest on record.

Who backed CoolIT Systems first?

CoolIT Systems's first round on record, in Oct 2009, was backed by Inovia Capital and AVAC Ltd.

What stage is CoolIT Systems at?

CoolIT Systems's latest named round is a Series B, in Oct 2011.

Where is CoolIT Systems based?

CoolIT Systems is based in Canada.

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