S|W: The SaaS Weekly – A commitment to Canada

The SaaS Weekly is a weekly newsletter covering major SaaS news from Canada and around the globe.

Subscribe to S|W using the form at the bottom of this page to ensure you don’t miss out on the most important SaaS news every week!


Narwhal List 2020 tracks a year of massive raises, 42 potential Canadian Unicorns(BETAKIT)

Charles Plant, the founder of the Narwhal Project, has released the 2020 Narwhal List, a report highlighting Canada’s fastest-growing tech companies.


The Ultimate Checklist for Choosing Subscription Billing Software(SAGE)

At a minimum, a modern billing and accounting system for SaaS or tech companies should automate and streamline core financial management functions such as A/R, A/P and the financial close. But you can hardly fuel your growth and need for accountability and transparency by simply automating the minimum.

Download this checklist to help you evaluate SaaS accounting software solutions and ensure you get the modern features you need in your new system.

Rideshare startup HopSkipDrive raises $22M to focus on school transportation(TECHCRUNCH)

All contractors, says cofounder and CEO Joanna McFarland, must have at least five years of childcare experience before they are allowed to drive for the startup.

Faire opens new office in Kitchener as part of “commitment to Canada”(BETAKIT)

Faire, a wholesale marketplace startup based in the Kitchener and San Francisco, is set to unveil its new Canadian headquarters in Kitchener.

Automox raises $30 million to protect enterprise endpoints from compromise(VENTUREBEAT)

The average cost of a data breach is nearly $4 million, and yet 74% of companies say they can’t patch vulnerabilities quickly enough because they lack the necessary staff.

Bus.com partners with Cirque du Soleil, helping tour members travel North America(BETAKIT)

Bus.com, an online platform for bus rentals, is partnering with Cirque du Soleil to become its official coach bus partner.

SaaS acquisition: the hidden risks of a “frictionless” sign-up flow(BUSINESS2COMMUNITY)

You can optimize your value proposition or call to action buttons all you want, but if your sign-up flow contains too much friction, you’re leaving money on the table.

Shopify CMO out as company reorganizes division(BETAKIT)

Shopify has let go of its chief marketing officer Jeff Weiser, in a move that will see Shopify restructure its marketing department and strategy.

Payments infra startup Finix closes $35M Series B led by Sequoia(TECHCRUNCH)

Finix did not disclose a new valuation as part of its round, and declined to share any growth metrics regarding its business.

Top Hat raises $72 million CAD Series D, inks deals to disrupt the textbook industry(BETAKIT)

Top Hat has raised $72 million CAD in a Series D funding round to help the company accelerate its goal of disrupting the traditional print textbook market.

Agritech startup WayCool Foods raises $32m from Lightbox, others(TECHINASIA)

Founded in 2015, the Chennai-based startup procures, processes, and distributes fresh produce, staples, and dairy products.

Today in funding: Inkblot Therapy, UrtheCast, and Screenfluence(BETAKIT)

Three Canadian startups have announced fresh funding rounds to fuel their growth. Here’s the latest on who raised how much and from whom.

Caitlin Hotchkiss

Caitlin Hotchkiss

Content coordinator, social media smartypants, wordsmith, Human Workflow™. Exists primarily on coffee, cat pictures, German dance metal, and pro wrestling. I will fight for your right to the Oxford comma.

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