YYoga Raises $9M

YYoga, a Vancouver, CA-based yoga and wellness company, has raised $9m in capital.

Backers include Fiore Capital Corp. and Beedie Capital Partners, with participation from undisclosed private investors.

The company plans to use the funds for expansion into Vancouver area (where it is opening two locations in the next twelve months) and the Toronto market.

Founded in 2007 by Lara Kozan and CEO Terry McBride, YYoga currently operates seven centers throughout British Columbia,
running over 700 classes per week.

In conjunction with the funding, Beedie Capital’s Managing Partner, Randy Garg, will
be joining the Board of YYoga.

FinSMEs

03/02/2012

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