On December 24, 2024, Valsoft Corporation Inc. raises US$150 million (approximately $215.4 million CAD) in growth equity funding to expand its vertical market software portfolio and accelerate innovation. The round was led by Portage Capital Solutions, with participation from PROPELR Growth and Viking Global Investors.

Portage Capital Solutions, part of Portage, a fintech and financial services investment platform under Sagard, provides flexible capital to high-growth companies. The funding will support Valsoft’s acquisitions, product development, and geographic expansion.

CEO Sam Youssef emphasized the company’s vision for global leadership in vertical software. Dan Ballen of Portage highlighted fintech-driven growth opportunities, while Sanjiv Samant of PROPELR Growth praised Valsoft’s execution.