Transactions March 26, 2024

Framework Venture Partners Participates in ZayZoon’s US$15 Million Series B Extension

Framework Venture Partners Fund II LP (“Framework Fund II”) participated in a US$15 million extension of ZayZoon Inc.’s Series B Preferred Share financing, bringing the total Series B raise to US$49.5 million. ZayZoon Inc. is a SaaS platform which provides employees early access to their earned wages for a fee.

 

Framework Fund II is a venture capital fund focused on supporting rapidly scaling tech companies raising equity to accelerate global growth. Framework Fund II is the second venture capital fund of the firm, following the success of their initial fund.

 

Wildeboer Dellelce LLP acted for Framework in connection with the financing with a team comprised of Rebecca Cochrane and Emma Weiss (corporate/securities).

Wildeboer Dellelce LLP