Canada · Investor

Purpose Financial

Last cheque observed Nov 2018. Silence since then is not evidence of inactivity: our sources miss unannounced rounds.

QuietVC firm

Series A

Cheques on record
0%of best year0cheques in 12 months, 2 on record
Since the last cheque2902days00hrs00min00sec
Median round$8.4MRounds led0 of 2Sole investor1 rounds
Pitch Purpose Financial

Purpose Financial highlights

  1. 01

    2 rounds on record

  2. 02

    Mostly Series A: 100% of its rounds

  3. 03

    Sole investor in 1 rounds, median $10M

What they do

Type
VC firm (from a list, unverified)
Cheque size
Not stated
Based in
Canada
Cold pitches
Not stated

The record

Every round we can evidence, newest first2 appearances

  1. 2018

    2 rounds

  2. Nov
    d1g1tSeries A · CA · FinSMEs$6.8MWith 2 others
  3. Nov
    ArioCA · BetaKit$10MSole investor

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

Recently backed

The latest companies Purpose Financial put money into.

Quick answers about Purpose Financial

What does Purpose Financial invest in?

Purpose Financial invests most often at Series A (100% of the rounds on record).

How active is Purpose Financial?

2 investments on record, 0 of them in the last 12 months. The most recent was in Nov 2018.

What has Purpose Financial invested in recently?

Its most recent investments on record: d1g1t (Series A, Nov 2018) and Ario (Undisclosed round, Nov 2018).

How big are Purpose Financial's cheques?

The median round it joins is $8.4M.

Is Purpose Financial investing now?

No investments in the last 12 months; the latest was in Nov 2018.

What kind of investor is Purpose Financial?

Purpose Financial is a VC firm based in Canada.

Where does this information on Purpose Financial come from?

From 2 articles and filings naming it in a round, public registers and its own website, checked and rebuilt every night.

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Built from the rounds we watched, its filings and its own website, refreshed every night. How we count · Report a correction · Is this your firm? Claim it