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DEALS AND SUITS

Inovia Capital and Fonds de solidarité FTQ lead investment in WorkJam's US$50 million funding round

On November 22, 2022, WorkJam, the world's leading digital frontline workplace, announced it had secured US$50 million in a Series D funding round jointly led by new investor the Fonds de solidarité FTQ and returning investor Inovia Capital. Blumberg Capital and new investor Demopolis Equity Partners also participated in the round. WorkJam will use the new funding to expand its reach in Europe, Southeast Asia, Latin America and the U.S., fuel product innovation, and accelerate its business growth.

See the Wall Street Journal's full article on the case here.

BLG represented Inovia Capital and Fonds de solidarité FTQ with a team led by Patrice Martin that included Francis Lussier, Alex Wang, Adam Ziri and Xavier Berwald-Grégoire.