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Designstripe closes C$10 million equity and debt funding round

Fasken
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Overview

Pro bono | Client

Designstripe

On June 23, 2022, designstripe, a provider of visual communication solutions, offering a combination of customizable content and intuitive tools for non-designers across consumer and enterprise clients, announced the closing of a CA$10M equity and debt funding round from Insight Partners and Silicon Valley Bank.

This investment will help designstripe deliver intuitive and slick creative tools for everyone. The visual communication challenger will use the funds to enhance and expand its design tools in all creative categories including photo, motion and video.

A Fasken team composed of Adam Saskin, Jonathan Raizenne, Emily Dufresne, Éloise Laflamme, Alexandre Gagnon and Tristan Lalumière-Roberge (student) advised designstripe in connection with this transaction.

Jurisdiction

  • Québec

Team

  • Adam Saskin, Partner, Montréal, QC, +1 514 397 4343, asaskin@fasken.com
  • Jonathan Raizenne, Associate, Montréal, QC, +1 514 397 4394, jraizenne@fasken.com
  • Emily Dufresne, Associate, Montréal, QC, +1 514 397 4368, edufresne@fasken.com
  • Éloïse Laflamme, Associate, Montréal, QC, +1 514 397 5137, elaflamme@fasken.com
  • Alexandre Gagnon, Partner, Montréal, QC, +1 514 397 5112, agagnon@fasken.com
  • Tristan Lalumière-Roberge, Associate, Montréal, QC, +1 514 397 5216, tlalumiere@fasken.com