Toronto – Dealfind, a Canadian daily deals service, has raised $31 million in new financing, led by Insight Venture Partners, Georgian Partners and the Ontario Venture Capital Fund.
The backers will receive minority stakes in the company.
Founded in 2010 as a branch of MenuPalace.com, Dealfind has since sold over 750,000 vouchers, and says it has saved consumers over $112 million.
The company will use the funds to help expand across Canada and the U.S., and hopes to be in over 100 cities in North America by year’s end.
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