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/PRNewswire/ -- Vena, the Complete Planning platform loved by finance and trusted by business, today announced a strategic partnership with Fluence...
Fluence Technologies raises $12.5 million CAD, swaps CEOs to fuel next phase of growth Toronto FinTech software startup Fluence Technologies has closed a $12.5 million CAD ($10 million USD) Series A round from Banneker Partners, as it looks to bring its financial close and consolidation software to more mid-sized companies, and expand its presence in Europe. The startup has also appointed performance management software veteran Michael Morrison as its new CEO. Morrison is replacing Fluence’s founding CEO John Power, who is transitioning to COO. In the new role, Power will fo...
Financial planning startup Vena has raised $300 million CAD in Series C funding from Vista Equity Partners. The Series C round gives Vista a minority stake in the Toronto-based company. Vena stated plans to use the funds to accelerate growth. Vena, founded in 2011, provides cloud-based financial planning and analysis (FP&A) to medium and large-sized companies. Its technology aids in the management of budgeting, forecasting and business planning. The startup currently has more than 900 customers. The Series C financing follows $25 million USD in growth capital financing Vena secured in Septemb...