S|W: The SaaS Weekly – How to understand and reduce SaaS churn

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

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Toronto-based Proptech Lane raises $2.5 million Seed round led by Alate Partners(BETAKIT)

Lane, a Toronto-based Proptech company offering a communication platform for landlords and tenants, has raised $2.5 million in a Seed round led by real estate tech-focused firm Alate Partners.

Dell Technologies World, Day 3 – Technology’s role in making people happy, an interview with Joshua Jackson, and more(ITWORLDCANADA)

We got a chance to speak with Dell EMC’s new Canadian channel chief and the co-founders of Liquid Media Group, an integrated global studio based in Vancouver, on Day 3 of Dell Technologies World.

Tutor House, the UK-based tutoring platform, scores £2M from Fuel Ventures(TECHCRUNCH)

Tutor House, a U.K.-based startup that operates a marketplace to let parents find an online or in-person tutor for their children, has raised £2 million in funding.

Slack to go public June 20 via direct listing, releases preliminary estimates for Q1(BETAKIT)

Slack has announced that it plans to go public on June 20, and has also disclosed its estimated preliminary financial results for Q1 of 2019.

Building a SaaS team: Why inaction matters more than anything else(FORBES)

It is very easy to over-act as a young, inexperienced founder. You’ve got no experience, you’ve never built and scaled a company, you’ve never managed others. It’s leap of faith after leap of faith.

Halifax-based Tranquility Online launches mental health platform(BETAKIT)

Tranquility Online, based out of Halifax, is launching its first online mental health platform for Canadians.

SaaS startup LeadSquared raises $3M in Series A funding from Stakeboat Capital for global expansion(YOURSTORY)

Bengaluru-based sales execution, automation and predictive analytics platform, LeadSquared, has raised $3 million in series A funding from Stakeboat Capital.

Healthcare booking platform DocPlanner scores €80M Series E(TECHCRUNCH)

DocPlanner, the Poland-founded healthcare booking platform that now processes 1.5 million bookings every month globally, has closed €80 million in Series E financing.

Exabeam raises $75 million to advance SIEM cybersecurity(TECHSTARTUPS)

The Tealium Universal Data Hub is the industry’s most trusted approach to collect and deliver customer data.

Halifax-based SalesRight receives $250,000 in pre-seed funding(BETAKIT)

SalesRight said the new funding will allow the company to expand its team in order to accelerate growth.

A practical guide to understanding and reducing SaaS churn(VENTUREBEAT)

Early stage startups often don’t really know what churn looks like. They’re still experiencing the law of small numbers, with few customers that have gone through a renewal cycle.

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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