Clutch races past $1 billion in total cars purchased amid record growth
After taking nine years to hit $1 billion, COO says Clutch is on pace to double it in one.
layoffs
Bridgitâs Mallorie Brodie explains why Canadian startups need to think globally from the start
Brodie unpacks Bridgitâs pivot, mitigating risk in construction, and looking up to Axonify, Knix, and Jane.
Klue lays off 40 percent of staff as startup navigates shifting AI landscapeÂ
BC software firm restructures to become âAI-firstâ amid rising competition from DIY solutions.
Sonder co-founder Francis Davidson departs after seeing through Marriott deal
Outgoing CEO said orchestrating the Marriott integration was âthe hardest thingâ heâd ever done.
Botpress closes $34-million CAD Series B to help companies build and deploy AI agents
QuĂ©bec software startup aims to be part of âthe infrastructure layerâ powering agentic AI.
ApplyBoard lays off employees due to “policy changes across major study destinations”
Edtech unicorn is focusing beyond English-speaking world as Canada and US cut immigration numbers.
BetaKit repeats as General Excellence winner at SABEW Canada Awards
BetaKit reporter Josh Scott also awarded for the second year in a row.
LeddarTech cuts 95 percent of staff in bid to rescue its business
LeddarTech does not expect to resume active operations after laying off 138 employees.
Lightspeed surpasses $1 billion USD in revenue in fiscal 2025 but shares conservative outlook
Lightspeed posted nearly $54 million in adjusted EBITDA as it continues to execute transformation plan.
Shopify debuts AI-based store designer as part of summer update
The e-commerce giant is revamping its features as rival Lightspeed readies its earnings.
Well Health says its healthy Q1 revenue is a symptom of Canadian growth
Vancouver healthtech expects Healwell AI stake to further boost its 2025 fortunes.
Healwell revenue more than doubled in Q1 2025 thanks to acquisition spree and AI
Toronto healthtech expects more strong quarters ahead thanks to Orion Health acquisition.
University of Waterloo-backed Velocity Fund II holds $14-million initial close
First VC fund backed by Canadian university endowment has deployed into five startups so far.
Healthtech leaders behind AlayaCare and Mimosa say Canadian procurement lacks transparency and risk appetite
Canadian tech lobbying group CCI argues Canada faces a wide breadth of procurement issues.
Propel has a record first quarter while Thinkific sees modest gains
The FinTech and edtech companies told two very different tales with their earnings.