S|W: The SaaS Weekly – SaaS winners and losers

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!



RenoRun launches monthly subscription model following $22.5 million Series A

Construction-focused tech startup RenoRun has officially begun to roll out a new payment model.



How Toronto Cat Rescue is using tech to build a Tinder for foster cats

Ahead of the Digital for Good Tech Jam, leaders from Toronto Cat Rescue and Big Brothers Big Sisters of Canada explained how they hope to use tech to support their charities.


Vouch raises $45M led by YC Continuity for business insurance that targets startups

PitchBook data indicates that Vouch’s valuation has also ramped up rapidly: it’s currently at $210 million.

Energy tech startup Copper Labs raises $2M to disrupt the $6.3 billion home energy management market

Copper Labs was founded in 2016 around a simple, galvanizing belief: managing energy usage more sustainably and cost effectively requires the most up-to-date measurements and insights.


Silofit raises $1 million seed round to develop “world’s first” network of on-demand gyms

Silofit is a Montreal based startup that has created a network of private, on-demand fitness spaces through an app offering that allows users to reserve gym studios.

IT management startup BigPanda raises $50 million

Insight Partners led the investment into the startup, whose software diagnoses and fixes IT problems.

Building success: Insights from 7 leading SaaS companies

SaaS businesses feature all sorts of advantages and unique hurdles. What separates the winners from the losers?


Five new startups join Ryerson, MLSE’s sport tech accelerator

Five startups have been selected to join Ryerson University’s and Maple Leaf Sports and Entertainment’s Future of Sport Lab accelerator program.


Eden office management platform raises $25 million Series B

The company is live in 25 markets, including a few international cities like Berlin and London. Eden now has more than 2,000 service providers on the platform.

Hamburg-based startup airfocus raises €1.7 million to help businesses make better decisions

The startup allows product managers and decision-makers in both enterprises and small businesses, to prioritise projects and features while aligning everyone across the organization around their roadmaps.


Social intelligence platform Trufan acquires SocialRank, raises $400,000

Toronto-based social intelligence platform, Trufan, has acquired of SocialRank, a social media analytics platform.

SaaS cloud application management startup Gravitational raises $25M

The problem Gravitational is tackling is real as major cloud providers continue to deploy their own solutions and variations on the cloud theme.


Clumio raises $135M Series C for its backup as a service platform

The announcement comes shortly after the company’s disclosure in August that it had quietly raised a total of $51 million in Series A and B rounds in 2017 and 2018.

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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