Sensibill, a Toronto-based digital receipt management platform, has raised about $41.2 million (US$31.5 million) in its latest financing, according to a report by the Globe and Mail.
The round was led by Canadian artificial-intelligence venture capital firm Radical Ventures, the report said.
It was joined by Information Venture Partners and First Ascent Ventures (formerly Open Text Enterprise Apps Fund), which led 2017’s $17.3 million Series A financing, as well as National Bank of Canada.
Sensibill’s other investors include Impression Ventures, Mistral Venture Partners and Operative Capital.
Founded in 2013 by CEO Corey Gross and CTO Jamie Alexander, Sensibill provides receipt management software solutions that can be built into mobile banking apps.
Photo: Corey Gross, co-founder and CEO of Sensibill.