BC-based Thoughtexchange raises $20 million Series B
BC-based crowdsourcing software company, Thoughtexchange, has raised $20 million in Series B financing. The round was led by Information Venture Partners, with participation from…
Winnipeg-based Bold Commerce opens first international outpost in Austin
Winnipeg-based Bold Commerce is expanding its business operations to Austin, Texas. The e-commerce solution developer said the expansion is in step with its plans to…
Vision Critical appoints new CEO, moves headquarters to Toronto
Vancouver-founded customer experience management startup Vision Critical Communications has announced it is replacing its CEO Scott Miller with Ross Wainwright and is moving its…
Southern Alberta Institute of Technology receives $30 million from local philanthropist
The Calgary-based Southern Alberta Institute of Technology (SAIT) has received a $30 million donation from David Bissett, a philanthropist and founder of a Calgary…
Delphia launches platform to help consumers turn their data into investable capital
Toronto-based financial services software startup, Delphia, is publicly rolling out its first product, what it calls a “revolutionary investment platform.” The service allows users…
Uberflip acquires interactive content creation platform SnapApp
Content experience platform Uberflip has acquired Boston-based SnapApp, an interactive content creation platform. Terms of the deal were not disclosed. “Bringing SnapApp’s team and…
Element AI launches newest standalone product, turning data into actionable insights
Element AI has launched its latest product, called Knowledge Scout, which organizes and manages data sets for manufacturers in industries like pharmaceuticals, automotive, and…
Shopify merchants generate $2.9 billion USD in sales over Black Friday, Cyber Monday
Shopify merchants generated more than $2.9 billion in sales worldwide during Black Friday and Cyber Monday, according to data collected by the e-commerce company….
North America banks expect to lose $88 billion in retail payments to FinTechs over 3 years
Financial incumbent banks are expected to lose up to 15 percent in retail payments revenue to FinTech competitors and challenger banks in the next…
Wealthsimple to spin out advisory service into separate company
Toronto-based FinTech startup Wealthsimple is separating its direct to consumer and Wealthsimple for Advisors businesses and will transition the advisor-focused offering to a new…
Bridgit opens first satellite office, looks to tap into Toronto’s talent pool
Bridgit, a startup developing software for the construction industry, has officially opened its first satellite office in Toronto. The Kitchen-Waterloo-based startup feels the move…
DLT Labs launches blockchain freight and payment network with Walmart Canada
Toronto-based blockchain startup DLT Labs is partnering with Walmart Canada to launch a blockchain-based freight and payment network for the retailer. The companies claim…
Today in acquisitions: Vocaprep, Race Roster
Over the past few weeks, two Canadian companies have been acquired by overseas firms. Here’s the latest on Canada’s movers and shakers. Montreal Edtech…