Inovia Capital led a $40m funding in Symend.

Inovia Capital, a venture capital firm, led a $40m funding in Symend, a software as a service company, with participation from Impression Ventures, Mistral Venture Partners, BDC, Plaza Ventures and EDC. ”As Symend rapidly expands and closes one of Canada’s top FinTech raises of the year, this latest financing cements its position as a changemaker within digital customer engagement. Enterprises are seeing the value of Symend through its ability to help decrease delinquencies and retain revenue while delivering a hyper-personalized approach that increases customer loyalty. The demand for Symend’s technology continues to increase and we are excited to help fuel the next phase of growth,” Dennis Kavelman, Inovia Capital Partner.