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

Shopify

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 to open first permanent office in Vancouver, hire 1,000 employees

The Ottawa-founded e-commerce company announced on Tuesday that it plans to open what will be its first permanent office in the city.


Rangle makes second significant staff reduction in less than a year

According to statements publicly made on social media by former employees, approximately 40 Rangle employees were recently let go.


Janet Bannister named managing partner of Real Ventures

While Real will continue to be headquartered in Montréal, Bannister will lead the firm from its Toronto office.


Upside surpasses $1.27 million in charitable donations following 2019 Canadian tech exits

“This is a huge milestone as it indicates that our model works and can generate significant value for the community.”


Turo, TradeRev headline first 2020 AutoTech meetup on Feb 6th

BetaKit and TradeRev are happy to announce the first AutoTech meetup of 2020.


Startup Milestones


POWERED BY SAGE INTACCT

YOU’RE INVITED: SAGE CFO 3.0 BREAKTHROUGH FINANCE PANEL FEB 19

70% of Canadian financial decision-makers are responsible for driving digital transformation in their business. Thanks to the disruptive landscape of digital technology, it has never been more important for CFOs to stay informed of the latest trends impacting their industries.

Join Sage in Toronto on February 19 for an event bringing together senior finance professionals to discuss and learn more about the evolving role of the CFO.


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.