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Ten Coves Capital leads TealBook’s USD50m Series B funding round

Ten Coves Capital has lead a USD50 million series B funding round in TealBook, a supplier data foundation that autonomously enhances supplier data and powers e-procurement technology.

Other notable investors include: BDC Capital, Grand Ventures, Royal Bank of Canada, Reciprocal Ventures, Refinery Ventures, S&P Global, Stand Up Ventures, RTP Global, Workday Ventures, Good Friends, an early-stage venture capital firm started in 2019 by the founders of Warby Parker, Harry’s and Allbirds, along with debt financing from CIBC Innovation Banking. 
 
Since TealBook announced Series A Funding in January 2021, TealBook has experienced 350 per cent revenue growth.

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