Experience

Chexy Inc. secures C$4.1 million in seed funding round led by UK-based venture capital firm Venrex

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Overview

Client

Chexy Inc.

On June 18, 2024, Chexy Inc. ("Chexy"), a startup offering a customer-facing payments platform for tenants to complete rental payments and earn rewards, announced the closing of a C$4.1 million seed financing round. The all-equity round was led by UK-based venture capital firm, Venrex, with participation from returning investors Crossbeam Venture and GroundBreak Ventures, alongside Antler Global and strategic angels from the real estate, FinTech, and banking sectors.

The funds raised will be allocated to expanding Chexy’s payments infrastructure and broadening support for additional household services.

Fasken advised Chexy with a team comprised of Will Shaw, Laura Fetter, Véronique Poulin and Alec McIlwraith-Black.

Jurisdiction

  • Ontario

Team

  • Will Shaw, Partner | National Co-Leader, Emerging Technology & Venture Capital, Toronto, ON, +1 416 865 4554, [email protected]
  • Laura Fetter, Counsel | Emerging Technology & Venture Capital, Toronto, ON, +1 416 865 4450, [email protected]
  • Alec McIlwraith-Black, Associate | Emerging Technology & Venture Capital, Toronto, ON, +1 416 868 3468, [email protected]
Will Shaw Toronto Lawyer Will Shaw Partner | National Co-Leader, Emerging Technology & Venture Capital Toronto, ON +1 416 865 4554
Laura Fetter Director of Innovation Laura Fetter Counsel | Emerging Technology & Venture Capital Toronto, ON +1 416 865 4450
Alec McIlwraith-Black Toronto Lawyer Alec McIlwraith-Black Associate | Emerging Technology & Venture Capital Toronto, ON +1 416 868 3468