Ceedar, a Victoria, BC-based, AI-powered bookkeeping platform for digital service businesses, has raised USD 200,000 in funding.
Investors
The round was led by Metalab Ventures, with participation from customer-turned-angel investors including Mark Nichols, Shawn Adrian, and Gavin Vickery.
Metalab Ventures is the corporate venture arm of MetaLab, a Canadian interface design firm. They primarily focus on pre-seed, seed, and Series A-stage product-led startups. Metalab Ventures offers not just capital, but also deep product strategy, design, and development support—acting as a close, long-term partner to founders.
Ceedar Use of Funds
The company will use the funding to enhance its AI-powered bookkeeping software, deepen integration with financial tools, and prepare for expansion into the U.S. market.
About Ceedar
Founded in 2023 by Connor Turland and Pegah Vaezi, Ceedar offers AI-driven bookkeeping software tailored for digital service businesses. It combines artificial intelligence with human bookkeepers to handle tasks such as categorization, counterparty detection, document matching, and reconciliation. The platform integrates with services like Stripe, Wise, and Venn. Their vision is to be the powerhouse, the power plant for the Canadian digital economy. Ceedar AI is currently available in Canada and has a waitlist for its upcoming launch in the U.S.
Funding Details
Company: Ceedar AI Inc.
Raised: $0.2M
Round: Angel
Funding Date: July 2025
Lead Investor: Metalab Ventures
Additional Investors: Mark Nichols, Shawn Adrian, Gavin Vickery
Company Website: https://ceedar.ai/
Software Category: FinTech / AI Bookkeeping
Source: https://betakit.com/ai-bookkeeping-startup-ceedar-is-turning-customers-into-investors/