Canadian startup news of the week (2/17/20)

Welcome to BetaKit’s startup stories of the week! Here, you will find the week’s most important news, features, and editorials published on BetaKit. If you prefer this update hit your inbox every week, make sure to subscribe to the BetaKit Newsletter using the form at the bottom of this page.

Top Stories of the Week


Shopify surpasses revenue expectations in Q4 2019 financial results

Recent changes to the company’s marketing org did not tamper investor interest, as Shopify announced $1.578 billion USD in total revenue for the year, a 47 percent increase over 2018.


Another record breaking year for Canadian VC as AI, FinTech, cybersecurity reach new heights

Last year saw Canadian venture capital funding rise to a record-setting $4.1 billion USD according to the latest PwC MoneyTree report.


Jim Balsillie led expert panel on intellectual property releases report

Established as part of the Ontario government’s 2019-2020 budget, the panel released its report outlining recommendations for how the province should handle the commercialization of IP.


Startup Milestones


POWERED BY SAGE INTACCT

The Ultimate Checklist for Choosing Subscription Billing Softwares

At a minimum, a modern billing and accounting system for SaaS or tech companies should automate and streamline core financial management functions such as A/R, A/P and the financial close. But you can hardly fuel your growth and need for accountability and transparency by simply automating the minimum.

Download this checklist to help you evaluate SaaS accounting software solutions and ensure you get the modern features you need in your new system.


SIX SOCIAL RESPONSIBILITY TRENDS FOR TECH COMPANIES IN 2020

CSR, once reserved for established companies, is becoming more important at an earlier stage.


FOUR PREDICTIONS FOR CANADIAN TECH HIRING IN 2020

More and more, investors are pushing tech companies to set up shop in Toronto, Vancouver, and plenty of places in-between


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Caitlin Hotchkiss

Caitlin Hotchkiss

Content coordinator, social media smartypants, wordsmith, Human Workflow™. Exists primarily on coffee, cat pictures, German dance metal, and pro wrestling. I will fight for your right to the Oxford comma.