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 187 days ago

Coconut Software rasies additional $6.5 million CAD in Series A funding

Quick Summary

Saskatoon-based startup Coconut Software has raised an additional $6.5 million CAD in what it is calling a Series A2 round. Closed in November, the new capital comes two years after Coconut announced the original close of its Series A, what it is now calling its Series A1. In 2017, Coconut raised $4.2 million (all numbers CAD). The Series A2 brings Coconut’s total Series A funding to more than $10.7 million. Coconut’s total funding to date now sits close to $16 million, including a $710,000 seed round raised in 2016.

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