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Briefing

Ottawa’s Fellow raises US$24M led by U.S. VC Craft

Employes at client companies use the firm’s technology to manage meetings. Existing investors Montreal-headquartered Inovia Capital, Waterloo, Ont.-based Garage Capital and Felicis Ventures from Menlo Park, Calif., also contributed to the Series A round, which included some debt financing from Silicon Valley Bank; Fellow declined to disclose the amount. (The Logic)

Briefing

Ottawa’s Fellow raises US$24M led by U.S. VC Craft

By Murad Hemmadi
Oct 27, 2021
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Employes at client companies use the firm’s technology to manage meetings. Existing investors Montreal-headquartered Inovia Capital, Waterloo, Ont.-based Garage Capital and Felicis Ventures from Menlo Park, Calif., also contributed to the Series A round, which included some debt financing from Silicon Valley Bank; Fellow declined to disclose the amount. (The Logic)

Talking point: Fellow will use the funding to double its 40-person team in 2022, and add meeting-intelligence features to the platform, as well as grow its crop of third-party integrations, CEO Aydin Mirzaee said. In a blog post, Craft partner Lainy Painter cited the firm’s growth potential in a remote-work world as a major selling point. For example, marquee client Shopify, which piloted the software four years ago, has moved to a “digital-by-default” setup, shedding some office space—and meeting rooms—where managers and their direct reports or co-workers might have gathered IRL. Mirzaee and his Fellow co-founders Amin Mirzaee and Samuel Cormier-Iijima previously started Fluidware and sold it to SurveyMonkey in August 2014.

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