Canadian fintech Brio has raised $3 million in a seed round led by Walter Global Asset Management and Canso Innovations, with participation from Brightspark Ventures. Founded by Émilie Parker Jones, Ab Fadel, and Audrey Ostiguy, Brio spun out of Brightspark earlier this year to serve venture capital and private equity firms.
Its white-label platform centralizes partner management and automates deal marketing and compliance. Brio plans to expand its product and sales teams and upgrade its technology stack. Brightspark, with over $500 billion in assets under management, retains a majority stake in the venture.
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