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Dreamwell AI, an influencer marketing automation platform, raises US$2.3 million in pre-seed financing round

Fasken
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Overview

Client

Dreamwell AI

On July 29, 2024, Dreamwell AI (“Dreamwell”), a Canadian influencer marketing automation platform, announced it had raised US$2.3 million in a pre-seed financing round. The round was led by businessman, Tim Draper (via Draper Associates), with participation from Panache Ventures, BDC Capital Seed Venture Fund, and other prominent early investors.

Dreamwell is at the forefront of redefining influencer marketing. Their mission is to help brands identify influencers who offer genuine ROI based on their accurate, real-time data. The funds from this pre-seed financing will allow Dreamwell to continue expanding to support more notable clients and advancing its position in the market.

Fasken advised Dreamwell with a team comprised of Will Shaw, Chris Dittrich and Veronique Poulin.

 

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
  • Chris Dittrich, Partner, Toronto, ON, +1 416 868 3363, cdittrich@fasken.com
  • Véronique M. Poulin , Associate, Toronto, ON, +1 416 865 5144, vpoulin@fasken.com