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Paper Education Company Inc. closes USD $270 million in a Series D venture capital financing

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Paper Education Company Inc.

On February 4, 2022, Paper Education Company Inc. (“Paper”) a leading educational software provider of unlimited, 24/7 academic support to high school students, announced the closing of a USD $270 million (CAD $343 million) Series D round of financing, featuring both a primary and secondary offering.

The Series D financing resulted in the company achieving “unicorn” status and brought Paper’s total funding raised to date to around CAD $496 million. This matter is relevant for EdTech and Venture capital financing industries.

A Fasken team composed of Adam Saskin, Michèle Orr Gaucher, Éliot Mathieu-Proteau and Martin Legault advised Paper in connection with this transaction.


  • 魁北克省