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Announced

Completed

CDPQ led a $15m Series B funding round in Unito.

Financials

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Transaction Value£12m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private Equity

Friendly

Private

project management

Canada

Software

Minority

Productivity Software

Acquisition

Cross Border

Venture Capital

Completed

Synopsis

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Caisse de dépôt et placement du Québec, an institutional investor, led a $15m Series B funding round in Unito, a developer of a project management platform, with participation from Rainfall Ventures, Investissement Québec, Bessemer Venture Partners, Tom Williams and Mistral Ventures. "We’re proud to have amazing, long-term investors in both our local ecosystem and the United States. We want to thank every investor going on this journey with us. It’s a tough market for raising money right now, and their confidence confirms that we’re headed in the right direction," Unito.

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