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ClearEstate secures C$16.8 million Series A funding round

Fasken
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Overview

Client

ClearEstate

On February 3, 2022, ClearEstate, an estate settlement startup, announced that it has secured a C$16.8 million Series A funding round. The funding was led by OMERS Ventures, with participation from Diagram, Torstar and NAVentures.

Following this transaction, ClearEstate plans to expand to Florida, New York, Texas, and some adjacent states. The funding will notably be used to increase its team from 50 to more than 120 by the end of 2022.

A Fasken team comprised of Jean-François Séguin, Jonathan Raizenne and Emily Dufresne represented ClearEstate in connection with this transaction.

Jurisdiction

  • Québec

Team

  • Jonathan Raizenne, Associate | Mergers & Acquisitions, Montréal, QC, +1 514 397 4394, jraizenne@fasken.com
  • Emily Dufresne, Associate | Corporate/Commercial, Montréal, QC, +1 514 397 4368, edufresne@fasken.com