Thoughtwire, Finaeo make staff cuts as Canadian tech continues to face economic headwinds
Both companies are staying mum on the number of employees cut.
Canadian Startup News
Canadian-founded healthtech startup Power emerges from stealth with $7 million
Power wants to bring the process of discovering and accessing clinical trials into the future.
Supply chain analytics SaaS startup Lytica secures over $13 million in Series A round
Lytica uses AI to help companies reduce costs and mitigate risks in their supply chain.
Essential Accessibility merges with Level Access to combine accessibility solutions
The combined firm will be based in the US, retaining offices in Toronto and Argentina.
How startups can avoid the “Frankenstein data stack” trap
Learn to count the data you have or risk creating a monster.
Five months in, details on Canada’s new Innovation and Investment Agency remain sparse
What’s the feds’ plan? Only Dan Breznitz seems to know.
SAAS NORTH unveils speaker lineup for 2022 conference
Presenters include executives from Shopify, Unbounce, Hootsuite, Wattpad.
Google selects Canadian startups Node, Beam.city, HumanSquad for third Black Founders accelerator
All three startups hail from Toronto and have worked with the DMZ.
Clearco hands overseas business to Outfund to focus on North American market
The market exit comes less than a year after Clearco began expanding its international operations.
LumiQ raises $5 million to expand CPA training podcast platform to US
LumiQ aims to build on “tremendous” pandemic growth since pivot to podcasts.
Plurilock completes acquisition of assets from India-based CloudCodes
CloudCodes marks another addition to Plurilock’s rapidly growing portfolio.
1Password shuffles C-suite, with CPO replaced and CMO to depart
Exec changes come as 1Password tracks slightly below its revenue growth targets.
Roblox acquires gamified employee engagement platform provider TriplePlay
TriplePlay was co-founded by two engineers from Facebook, Wealthsimple.
SureBright raises $3.2 million CAD to reinvent retail insurance
SureBright has integrated its insurance and warranty solution with Shopify vendors.
Three generational companies actively hiring for multiple roles
Canada Goose, Motion, and IMAX are all hiring for senior roles.