Celtic House venture partner Jonathan Graff joins LifeRaft Inc. as CEO
Graff built digital media company, Kaboose, to over 500 employees.
Canadian Startup News
Wattpad co-founder Allen Lau to step down as CEO, become executive advisor
Lau called the move both a “final curtain call” and the start of “a new story.”
Applications close May 31 for Amii’s AI program for women and gender-diverse people
Women make up only 32 percent of the AI workforce; Amii wants to change that.
Tengiva closes $5 million to tackle supply chain issues in the textile industry
Investor says Tengiva is “at the right place at the right time.”
Thinkific sees revenue rise, net loss jump in Q1 2022, following recent layoffs
Thinkific attributes higher net loss to growth investments, restructuring costs.
Tilr secures $1.3 million grant from Ontario through Skills Development Fund
Tlir is one of over 200 companies financed in the second SDF round.
Platform Calgary opens applications for Calgary Fintech Awards
Participating startups get a chance to win up to $250,000.
Supportbench secures $1.9 million CAD to become Zendesk for B2B companies
First step? Convince investors that B2B customer support could be better.
Magnet Forensics acquires assets from Comae Technologies, posts 35 percent revenue growth in Q1 2022
Magnet acquired Comae’s memory analysis tech to bolster its cyber incident investigation capabilities.
Validere acquires Clairifi to offer regulatory reporting capabilities for oil and gas firms
Validere wants to drill ESG compliance into energy companies with Clairifi acquisition.
Playmaker acquires New York-based sports media company The Sports Drop
Playmaker continues sports media acquisitions spree.
Shopify delivers $2.1 billion USD Deliverr deal to expand fulfillment network
Deliverr marks Shopify’s largest acquisition to date.
Shopify’s growth continues to slow in Q1 2022 as it reaches deal to buy Deliverr for $2.1 billion USD
Shopify misses analyst estimates, sees shares drop to a two-year low.
Lightspeed leverages acquisitions to launch new flagship omnichannel retail platform
Lightspeed Retail launch follows company’s recent C-Suite shakeup.
Boast.ai leadership transition makes Alok Tyagi CEO to scale R&D tax credit company
Boast.ai co-founders Alex Popa and Lloyed Lobo will remain on the board.