# Purpose Financial: portfolio, investments and team

> Purpose Financial is a vc firm based in Canada. 2 investments on record, latest Nov 2018. Portfolio, stages, co-investors and team.

Source: https://millionrounds.com/fund/purpose-financial (Millionrounds; every figure on the page links to its filing or article)

Canada · [Investor](https://millionrounds.com/investors)

# Purpose Financial

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

Quiet VC firm

Series A

Cheques on record

**0%** of best year **0** **cheques in 12 months**, 2 on record

Since the last cheque **2902** days **00** hrs **00** min **00** sec

Median round **$8.4M** Rounds led **0 of 2** Sole investor **1 rounds**

Pitch Purpose Financial

## Purpose Financial highlights

- 01 2 rounds on record
- 02 Mostly Series A: 100% of its rounds
- 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 first **2 appearances**

- **2018** 2 rounds
- **Nov** **[d1g1t](https://millionrounds.com/company/d1g1t)** Series A · CA · FinSMEs **$6.8M** With 2 others
- **Nov** **[Ario](https://millionrounds.com/company/ario)** CA · BetaKit **$10M** Sole 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.

## The cheque

Series A

Median round joined **$8.4M** the round, not its cheque Alone, median **$10M**

Led 0 of 2 rounds **0%**

- **Sole investor:** 1 rounds
- **Last cheque:** Nov 2018

Rounds by stage said on their site

- Series A *1*

**Pitching Purpose Financial?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque.

Add to your CRM *→*

## Recently backed

The latest companies Purpose Financial put money into.

[**d1g1t** $6.8M · Nov 2018](https://millionrounds.com/company/d1g1t)

## 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.

## Raising now?

Find the investors who back rounds like yours, and keep every conversation on one fundraising board.

Find similar investorsOpen your CRM

Built from the rounds we watched, its filings and its own website, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections?slug=purpose-financial) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=purpose-financial)