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Designstripe closes C$10 million equity and debt funding round

Fasken
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Overview

Pro bono | Client

Designstripe

On June 23, 2022, designstripe, a provider of visual communication solutions, offering a combination of customizable content and intuitive tools for non-designers across consumer and enterprise clients, announced the closing of a CA$10M equity and debt funding round from Insight Partners and Silicon Valley Bank.

This investment will help designstripe deliver intuitive and slick creative tools for everyone. The visual communication challenger will use the funds to enhance and expand its design tools in all creative categories including photo, motion and video.

A Fasken team composed of Adam Saskin, Jonathan Raizenne, Emily Dufresne, Éloise Laflamme, Alexandre Gagnon and Tristan Lalumière-Roberge (student) advised designstripe in connection with this transaction.

Jurisdiction

  • Québec

Team

  • Adam Saskin, Partner | Corporate/Commercial, Real Estate, Montréal, QC, +1 514 397 4343, [email protected]
  • Emily Dufresne, Associate | Corporate/Commercial, Montréal, QC, +1 514 397 4368, [email protected]
  • Éloïse Laflamme, Associate | Corporate/Commercial, Montréal, QC, +1 514 397 5137, [email protected]
  • Alexandre Gagnon, Partner | Banking & Finance, Montréal, QC, +1 514 397 5112, [email protected]
Adam Saskin, Partner | Corporate/Commercial, Real Estate Adam Saskin Partner | Corporate/Commercial, Real Estate Montréal, QC +1 514 397 4343
Emily Dufresne, Associate | Corporate/Commercial Emily Dufresne Associate | Corporate/Commercial Montréal, QC +1 514 397 4368
Éloïse Laflamme, Associate | Corporate/Commercial Éloïse Laflamme Associate | Corporate/Commercial Montréal, QC +1 514 397 5137
Alexandre Gagnon Associé/Partner Montréal Alexandre Gagnon Partner | Banking & Finance Montréal, QC +1 514 397 5112