S|W: The SaaS Weekly – The changing tide of SaaS

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

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One year after acquisition, Hubdoc’s Jamie McDonald joins Xero executive team(BETAKIT)

Toronto-based Hubdoc’s co-founder and CEO Jamie McDonald has been appointed executive general manager of product, accounting, and global services at global FinTech giant Xero.

SMB payroll startup Gusto raises $200M Series D, plans R&D expansion to NYC(TECHCRUNCH)

The company crossed the 100,000 customer barrier in the past year, out of an estimated six million small businesses in the United States.

7shifts, Coconut Software among 17 Saskatchewan projects receiving a collective $21 million(BETAKIT)

Seventeen Saskatchewan-based projects and startups, including Saskatoon-based 7shifts and Coconut Software, have received a collective $21 million in funding from the federal government.

Near raises $100M to analyze anonymous customer data(RTINSIGHTS)

Through a software-as-a-service (SaaS) application dubbed AllSpark, Near collects massive amounts of anonymized data from around the world.

Today in executive hires: Susan Van Klink (League), Bhavin Shah (Top Hat)(BETAKIT)

Two Toronto-based tech companies have announced major leadership additions to their team. Here’s the latest update on who’s going where.

FeaturePeek wants to put an end to last-minute, front-end design reviews(TECHCRUNCH)

FeaturePeek, a member of the Y Combinator Summer 2019 cohort, wants to change the way companies review front-end interfaces.

Toronto-based film location platform Set Scouter acquires US competitor(BETAKIT)

Set Scouter, a peer-to-peer platform connecting film producers with homeowners looking to rent their spaces for production, has acquired Los Angeles-based film scouting startup Wrapal.com.

Changing tide of SaaS and why VCs and serial entrepreneurs will love it(ENTREPRENEUR)

In such a crowded space, the scope for innovation or niche play will be very limited.

Today in seed funding: Clik.ai, Veühub(BETAKIT)

Two Toronto-based startups have announced fresh funding rounds to fuel their growth. Here’s the latest on who has raised.

Benchling’s software for managing biotech research nabs $34.5 million(TECHCRUNCH)

In a field where the laboratory notebook is still considered the state of the art, it’s no wonder a company like Benchling, which provides software for managing life sciences research, was able to nab $34.5 million.

Ample Organics makes layoffs as capital dries up in Canadian cannabis industry

Toronto-based cannabis software startup Ample Organics has made company-wide layoffs, reducing its staff by around 16 percent, BetaKit has learned.

Bryan Murphy tracks six months as Breather’s CEO, reflects on 2019’s milestones(BETAKIT)

Since Murphy’s appointment, the startup has tracked some notable milestones.

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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