Rally Secures Porsche Ventures as New Investor; Reaches $27M in Total Funding and Recruits Former Disney, ESPN and eBay Executive George Leimer as CEO
Rally Secures Porsche Ventures as New Investor; Reaches $27M in Total Funding and Recruits Former Disney, ESPN and eBay Executive George Leimer as CEO
09/29/20, 1:03 PM
Money raised
$27 million
Rally, the creators of fractional alternative investing that enables anyone to invest in rare and one-of-a-kind collectibles for as little as $1 per share, today announced a $17M financing round that closed earlier this Summer. The oversubscribed round includes repeat investor Upfront Ventures, as well as new investors such as Porsche Ventures, Jim Pallotta’s Raptor Group, Global Brain, Relay Ventures and Alexis Ohanian. The company has raised $27M in equity capital to date.
Company Info
Additional Info
Based in Toronto, Rally brings people together by offering fair, flexible and affordable TV, home phone and Internet options to Canadians. As a national network provider with 20 years experience in 10 provinces, Rally is rapidly expanding its integrated technologies for residential and healthcare customers which are based on the company's independent, fibre-optic network. Web: www.rally.ca Call: 416.360.3000
SOURCE FlexITy Solutions Inc.