Posts Tagged Funding

Diagram closes $25 million fund – Big name backers, and focus on three huge markets

Montreal-based Diagram, a new venture firm focused on financial, insurance and healthcare technologies announced the close of a $25 million fund and deployed its first two investments, Dialogue and Collage.

Diagram is looking to make a limited number of large concentrated investments and provide advice, capital and expertise with the support of Power Financial Corporation (TSX:PWF) and certain of its subsidiaries via Portag3 Ventures LP (a corporate partnership exclusively sponsored by Power Financial Corporation, IGM Financial Inc. and Great-West Lifeco Inc). Additional investors include a group of 50 angel investors such as the CEO of Quora and former CTO of Facebook, Adam D’Angelo; the CEO of Hootsuite, Ryan Holmes; the Founder and former CEO of WIND Mobile, Anthony Lacavera; the Founder of Palantir, Joe Lonsdale; and  the former CEO of Rogers, Nadir Mohammed.

Posted in: PE/VC News

Leave a Comment (0) →