Helcim Raises $16M In Series A Funding

Helcim, a Calgary, Canada-based payments company that powers small business, closed its $16m Series A funding.

The round was led by Information Venture Partners and Aquiline Technology Growth with participation from Generational Platform Partners, Alberta-based Accelerate Fund III, as well as key Canadian tech leaders including Boris Wertz, Jason Smith (Klue), Hanif Joshaghani (Symend), and Kevin Sandhu (ControlHQ).

The company intends to use the funds to launch new products, grow its team across the organization adding more than 150 over the next two years, including developers, customer service, and sales to deliver on these enhanced service offerings. In addition to the funding, Information VP Principal Jane Podbelskaya and ATG’s Danté La Ruffa will be joining Helcim’s board of directors.

Led by Nic Beique, CEO and Founder, Helcim gives small businesses a payment experience with a human touch. The company serves thousands of businesses in Canada and the US across 800 different industries, processing billions in payments each year.

FinSMEs

21/03/2022