Fundz

Mariner Completes Series A Investment Round

PRIVATEMar 01, 2022

Round Type

Series A

TorontoFood and BeverageFinancial Services

Description

Mariner today announced it has successfully closed its Series A funding round. Mariner uses Deep Learning Artificial Intelligence to lower its manufacturing customers' Total Cost of Quality through its Spyglass family of solutions, including Spyglass Visual Inspection and Spyglass Assembly Verification. Spyglass Visual Inspection works in conjunction with manufacturing machine vision defect detection systems to dramatically improve defect detection and eliminate false rejects while reducing labor costs and increasing throughput. Spyglass Assembly Verification is used by high-mix, low-volume (HMLV) manufacturers of high-value articles, like commercial trucks and heavy equipment, to ensure that the articles are properly assembled, dramatically reducing labor costs, speeding up production, and eliminating costly and time-consuming mis-assemblies.

Who else raised in Food and Beverage and Financial Services around the same time

Companies in the same sectors as Mariner that raised within 45 days of this round, from Fundz verified event records.

  • Jack in the Box raised $1.1B (Funding Round) on February 3, 2022.
  • Alokino Corp. raised an undisclosed amount on April 15, 2022.
  • Alloy Automation raised $21M on April 15, 2022.
  • Compt raised $13M on April 14, 2022.
  • Compt raised $13M (Series A) on April 14, 2022.
  • Leatherback raised $10M (Funding Round) on April 14, 2022.

Who to call at Mariner, and when

A new round usually means Mariner is about to hire and buy. The teams that reach out first get the meeting.

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Company Information

Company

Mariner

Location

Toronto, Ontario, Canada

About

The firm partners with experienced management teams and often with founders to invest in market-leading companies. The firm primarily focuses on companies providing services, including consumer, healthcare, and business services, as well as retail, distribution, and industrials. The firm is currently investing its most recently established fund, Penfund Capital Fund VII. Mariner provides a holistic wealth management offering which encompasses financial planning, investment management, tax preparation, estate planning, and other services to individuals and corporate clients. Mariner is a Registered Investment Advisor (“RIA”) founded in 2006 and headquartered in Overland Park, Kansas with operations in 61 locations across 30 states. We believe Mariner is a top-tier RIA and we are happy to be partnering with Mariner and Leonard Green in making our first investment in the sector.”

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Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

Mariner raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.