MaxSold Secures $16.1 Million in Series B Financing to Continue the Digital Transformation of the Auction Industry
TORONTO, March 23, 2022 /CNW/ – MaxSold, the global leader in online auctions for estate sales and downsizing, is proud to announce it has raised $16.1 million in financing. The investment was led by new investor Framework Venture Partners (‘Framework’), with support from existing investor Canadian Business Growth Fund (‘CBGF’). Alongside investors, MaxSold has also secured $5 million in growth capital from Silicon Valley Bank (‘SVB’).
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