Volta drops interim label, officially appoints Matt Cooper as CEO
Cooper replaced outgoing leader Martha Casey in May.
Canadian Startup News
The BetaKit Keynote Stage returns to SAAS NORTH 2022
1Password, Coveo, Paddle CEOs, OMERS, Georgian, Bessemer VCs headline the stage November 16-17.
Mentorship startup Ten Thousand Coffees raises $75 million CAD from US-based Five Elms Capital
The financing marks Ten Thousand Coffees’ first institutional raise in its eight-year history.
Wealthsimple first FinTech startup approved by Bank of Canada for direct settlement
The approval will give Wealthsimple direct access to Real-Time Rail.
Mortgage startup Perch raises $4 million with continued backing from venture arm of National Association of Realtors
Perch wants to use data to change mortgages and real estate.
ChainSafe closes $25.7 million CAD Series A to build blockchain-agnostic Web3 tools
COO: fundraising in current market “separates the true builders from the noise.”
Vendasta acquires “complementary” US sales enablement tech firm Yesware
Vendasta CEO says deal “pushes both companies’ product roadmap ahead significantly.”
Element AI co-founder launches Waverly to fix the internet by changing the way people consume content
Philippe Beaudoin wants to fix the internet. But what if the internet is a rigged game that can’t be fixed?
Three companies hiring in Canada right now
Personify, Canadian Premier, and Canada Goose are hiring.
Amid questions on progress, Canada’s open banking lead says implementation “absolutely” remains on track
Abraham Tachjian says 2021 open banking report is his “roadmap.”
26 Canadian tech startups added to list of firms on path to $1 billion in annual revenue
Communitech list points to Paper, Talent.com, Brim, Miovision, Neo, Dapper Labs.
Alberta tech CEOs sign letter claiming restrictions over “software engineer” title hampering province’s talent gains
Open letter to premier addresses “classic example of regulator overreach.”
NorthOne raises $92.1 million CAD to build new working capital, credit products
Toronto-founded NorthOne moved its HQ to New York to serve its American client base.
Auvik acquires international SaaS firms Saaslio, Boardgent
The acquisitions follow Auvik securing $312 million from majority shareholder Great Hill Partners.
Shinydocs, Encircle, Proto receive cumulative $7.5 million from FedDev Ontario
The investment into the three Kitchener-Waterloo startups is expected to create 75 jobs.