StellarAlgo secures $16.5M Series A led by Carallas Holdings

News & Media

Nov 12, 2021


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CPE News (11/11/2021) – StellarAlgo has raised $16.5 million in Series A funding led by Toronto-based Carallas Holdings with participation of Newbound VC, Dave Finocchio and existing investors ​​Accelerate Fund II, Bluesky Equities, and InterGen Capital.
StellarAlgo has raised $19.0 million to date since its inception in 2016.
Founded by Vincent Ircandia, Calgary- based StellarAlgo is the leading customer cloud platform for the sports and entertainment industry, serving live audience organizations in North America and Europe, including enthusiast brands, sports teams, sponsors, and live events properties.
StellarAlgo intends to use new funds to continue the growth of StellarAlgo’s cloud-based solutions, and product advancement.

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