Blackline Safety Recurring Revenue Business Model Enables New $15M Financing Facility From National Bank of Canada
Amount Raised
$15 Million
Round Type
Funding Round
MontrealFinancial ServicesFinanceFintechLendingBankingDescription
Blackline Safety Corp. (TSX.V: BLN), a technology company with recurring revenue and a strong working capital position, today announced the recent closing of a financing facility offer of $15 million with National Bank of Canada. The company worked with the Bank’s Technology and Innovation Banking Group, which offers specialized support to fast-growing technology businesses across Canada. This new credit instrument further increases Blackline’s financial flexibility beyond its current enhanced capitalized position following the closing of a Brokered Private Placement in September 2020.
Quick answer
National Bank of Canada raised $15 Million in a Funding Round round, dated February 9, 2021. National Bank of Canada is based in Montreal, Quebec, Canada.
- How much did National Bank of Canada raise?
- National Bank of Canada raised $15 Million in a Funding Round round on February 9, 2021.
- What does National Bank of Canada do?
- National Bank of Canada is one of the country’s leading integrated financial groups.
- Where is National Bank of Canada based and how big is it?
- National Bank of Canada is based in Montreal, Quebec, Canada. Fundz records about 33,000 employees.
- Who are the decision-makers at National Bank of Canada?
- Fundz holds 3 contacts at National Bank of Canada, including the Investment Advisor National Bank Financial. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Financial Services and Finance around the same time
Companies in the same sectors as National Bank of Canada that raised within 45 days of this round, from Fundz verified event records.
- Discover raised an undisclosed amount on January 15, 2021.
- Hancock Whitney raised an undisclosed amount on January 7, 2021.
- Opyn INC. raised $8.7M on March 18, 2021.
- USBC raised $14M on March 15, 2021.
- USBC raised $100K on February 16, 2021.
- Horizon Technology Finance raised $15M (Debt Financing) on December 30, 2020.
Who to call at National Bank of Canada, and when
A new round usually means National Bank of Canada is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day National Bank of Canada raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at National Bank of Canada, from your own LinkedIn network
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Related People
National Bank of Canada raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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