Impression Ventures II Raises over C$30m and adds Managing Partner

TORONTO – June 12, 2017 – Impression Ventures Fund II is pleased to announced that it has closed over C$30 million of committed capital to invest in early-stage financial technology companies emerging from the Canadian technology ecosystem.
Impression Ventures II’s Limited partners include some of Canada’s most reputable financial institutions, family offices and entrepreneurs as well as almost two dozen current and former senior executives from Canada’s leading banks and financial institutions.

Impressions Limited Partners also include a number of US and European institutions and family offices with an interest in the global fintech space. “We are extremely proud to have assembled what we believe is the best in class group of Limited Partners within the Canadian VC Fintech space.” said Christian Lassonde, the fund’s Founder and Managing Partner.

Impression Ventures is also extremely pleased to formally announce that Maor Amar,
previously with BMO Capital Markets and UBS Investment Bank, has joined the the firm as a Managing Partner. Maor is based out of Montreal. “While we are seeing very strong deal
flow from all of Canada’s major cities, Montreal’s burgeoning fintech scene is growing
rapidly and having a presence here allows us to move decisively when opportunities arise.”
said Maor Amar.

Impression Ventures has already executed on a number of deals out of this new fund and
has a full pipeline of opportunities ranging from modernizing aging financial infrastructure,
to taking advantage of the latest Artificial Intelligence development, to meaningfully
improve the performance of established Financial Institutions. The fund will look to deploy
the committed capital over the next 36 months.

Impression Ventures is also pleased to announce that Geoff Belsher, CIBC’s former Co-Head of Wholesale Banking and James Estey, former CEO of UBS Canada have agreed to join as advisors.

Impression Ventures was founded in 2013 by Toronto entrepreneur and venture capitalist
Christian Lassonde , who has built an entrepreneurial network connecting the Canadian
technology community, Silicon Valley and investors worldwide. Impression Ventures Fund II focuses on investing and leading deals in financial technology companies, raising a late seed (C$3M) to early Series A round (C$6M) and looking to take their beta or MVP product to market locally with a long-term goal of taking the product globally.

Contact:
Christian Lassonde or Maor Amar
Impression Ventures
647 725 3355
[email protected]