Canadian Startup News
New report on Canadian venture, private equity landscape shows firms failing when it comes to inclusion side of D&I
Women partners are six times more likely to report harassment or feel opinions not valued.
Hubdoc co-founders back eState Planner’s $1 million seed round
Divorcemate creator Mark Harris also participated in the financing.
Pinterest appoints Kristie Painting as Canada country manager
Painting joins after Pinterest expanded its Toronto office by 50 people last year.
Shopify shares drop following decelerated revenue growth, lowered guidance in Q4 2021
Shopify’s share price has dropped 18 percent following market open.
BetaKit Live: Checking in with BC’s SaaS Unicorns, Clio and Trulioo on February 23rd
Let’s get SaaS-y with two Best Coast unicorns.
Alongside closes $8 million Series A to merge its HR tools with CareerBeacon’s jobs site
Alongside used some of the funding to acquire CareerBeacon in December.
Properly begins Canadian expansion with move into Vancouver, Fraser Valley
CEO says Vancouver is a “great hub” to begin serving Western Canada.
Cohere closes $125 million USD Series B round led by Tiger Global
Cohere plans to open new Palo Alto office led by Apple alum.
Bank of Montreal commits $100 million to launch lending program for Black entrepreneurs
Black entrepreneurs can receive loans of up to $250,000.
LifeSpeak to acquire digital fitness platform Wellbeats for up to $117.9 million CAD
Wellbeats would mark LifeSpeak’s largest acquisition to date.
Paper secures $343 million CAD with US schools drawn to its remote tutoring tech
Paper doubled the number of students on its platform to two million since last year.
The many obstacles to inclusion in startups (and one aid from Innovate BC)
For startups looking to make positive changes, it’s important to first have a conversation about bias.
Following recent merger, Startup Montréal announces program to spur late-stage growth
The Government of Québec has committed $6.5 million to the program.
Former Wattpad employees close $300,000 to build relationship improvement app Couply
Couply’s investors include Wattpad co-founder Ivan Yuen, Shopify employees.