Innovation Factory client Heirlume secures $150,000 in funding from SheBoot

Originally published on betakit.com

Julie MacDonell, co-founder and CEO of legaltech startup Heirlume, has secured $150,000 in financing from the Ottawa-based SheBoot boot camp, which the startup recently completed.

Heirlume, which aims to make the complex process of trademarking fast, accurate, and affordable, received the financing through a convertible loan, or short-term debt that later converts into equity. The funding was invested by a group of Ottawa angel investors.

SheBoot is a four-week boot camp hosted by Capital Angel Network and Invest Ottawa, and is designed to prepare womxn-identifying entrepreneurs to pitch their business and secure investment.