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Series B · 2026-10-21 · Enterprise Software

Hive raises $27.0M

58
AI Score
Amount
$27.0M
Round
Series B
Lead
Frontier Growth
HQ
Kitchener-Waterloo, CA
Why it matters: Hive's Series B is mostly secondary capital that buys out its earlier investor, a structure that shows how a bootstrapped vertical SaaS company can give an early backer an exit while bringing in a growth partner.

Kitchener-Waterloo-based Hive raised $27 million USD (nearly $38 million CAD) in Series B equity from Frontier Growth.

Participants:
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Figures marked company-reported are unaudited. Not investment advice. Request a correction or removal (team@midu.si).

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