Skip to main content
Client Work

Chexy Inc. secures C$4.1 million in seed funding round led by UK-based venture capital firm Venrex

Fasken
Reading Time 1 minute read
Share
  • LinkedIn

Overview

Client

Chexy Inc.

On June 18, 2024, Chexy Inc. ("Chexy"), a startup offering a customer-facing payments platform for tenants to complete rental payments and earn rewards, announced the closing of a C$4.1 million seed financing round. The all-equity round was led by UK-based venture capital firm, Venrex, with participation from returning investors Crossbeam Venture and GroundBreak Ventures, alongside Antler Global and strategic angels from the real estate, FinTech, and banking sectors.

The funds raised will be allocated to expanding Chexy’s payments infrastructure and broadening support for additional household services.

Fasken advised Chexy with a team comprised of Will Shaw, Laura Fetter, Véronique Poulin and Alec McIlwraith-Black.

Jurisdiction

  • Ontario

Team

  • Will Shaw, Partner | Co-leader, Technology, Media and Telecommunications and Co-leader, Emerging Technology, Toronto, ON, +1 416 865 4554, wshaw@fasken.com
  • Laura Fetter, Counsel, Toronto, ON, +1 416 865 4450, lfetter@fasken.com
  • Véronique M. Poulin , Associate, Toronto, ON, +1 416 865 5144, vpoulin@fasken.com
  • Alec McIlwraith-Black, Associate, Toronto, ON, +1 416 868 3468, amcIlwraith-black@fasken.com