Fundz

Seb Announces Proposed Private Placement Financing

PRIVATEFeb 22, 2022

Round Type

Post-IPO Equity

MississaugaSoftwareMobileHealth CareApps

Description

Smart Employee Benefits Inc. (“SEB” or the “Company”) (TSXV: SEB) a leader in benefits processing solutions and services today announced that it has entered into a non-binding agreement with Co-operators Financial Services Limited (“The Co-operators”), a large existing strategic investor, for a convertible debenture (the “Debenture”) on a non-brokered private placement basis to raise gross proceeds of $5,000,000 (the “Financing”). The proceeds of the Financing will be used for general working capital purposes including the repayment of select payables.

Quick answer

Seb raised an undisclosed amount in a Post-IPO Equity round, dated February 22, 2022. Seb is based in Mississauga, Ontario, Canada.

How much did Seb raise?
Seb raised an undisclosed amount in a Post-IPO Equity round on February 22, 2022.
What does Seb do?
SEB är en bank som hjälper både individer och företag att utvecklas framgångsrikt genom god rådgivning och långsiktiga relationer.
Where is Seb based and how big is it?
Seb is based in Mississauga, Ontario, Canada.

Source: Fundz verified event record.

Who else raised in Mobile and Apps around the same time

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

  • Endel raised $15M (Funding Round) on April 5, 2022.
  • Shein raised $1B (Funding Round) on April 4, 2022.
  • Bluon, Inc. raised $29M on March 25, 2022.
  • Alife Health raised $22M (Series A) on March 22, 2022.
  • Klay City raised $3.8M (Seed) on March 21, 2022.
  • Ksoc raised $6M (Seed) on February 15, 2022.

Who to call at Seb, and when

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

  • An alert the day Seb raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Seb, from your own LinkedIn network

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Company Information

Company

Seb

Location

Mississauga, Ontario, Canada

About

SEB är en bank som hjälper både individer och företag att utvecklas framgångsrikt genom god rådgivning och långsiktiga relationer.

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Fundz sees it the moment Seb raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

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Seb 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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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.