S|W: The SaaS Weekly – Uber Eats versus Ritual

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

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Calgary-based Bootkik only Canadian startup accepted to Silicon Valley’s Founders Embassy(BETAKIT)

Bootkik, a consumer platform for sharing and implementing expertise, has been accepted into Silicon Valley-based Founders Embassy’s summer 2019 program, making it the only Canadian startup accepted into the cohort.

San Diego’s eSub raises $12 million for its construction management software(TECHCRUNCH)

The San Diego-based software developer eSub Construction Software has raised $12 million in a new round of financing for its project management platform for contractors.

Salesforce cloud backup startup OwnBackup raises $23.25M(SILICONANGLE)

OwnBackup Ltd., which offers a cloud backup service for Salesforce.com Inc. services, has raised $23.25 million in new funding.

Lightspeed sees 36% revenue growth in first quarterly report since IPO(BETAKIT)

The company, which went public in March, reported a 36 percent year-over-year increase in both quarterly and total annual revenue.

Maple Grove SaaS startup Crosscode raises $9.25M(BIZJOURNALS)

Crosscode, a software development company that focuses on helping companies manage their software assets, announced that it had closed on a $9.25 million round of funding.

Home renovation platform Smart Reno acquired by RBC Ventures(BETAKIT)

Montreal-based Smart Reno, a home renovation platform that connects consumers to renovation contractors, has been acquired by RBC Ventures, the investment arm of the Royal Bank of Canada.

Uber Eats goes up against Ritual, brings new pickup feature to Toronto(BETAKIT)

Although Ritual has released a series of other services, its baseline offering is almost indistinguishable from that of Uber Eats’ Pickup.

Four questions to help you maximize SaaS vendor value(FORBES)

With the business software market moving quickly towards a SaaS-dominant future, business leaders who manage these technology resources should understand how to create more value from SaaS tools by maximizing their relationships with SaaS vendors.

Kustomer raises $40M more led by Tiger Global for its omnichannel approach to CRM(TECHCRUNCH)

Kustomer has been on a fundraising tear in the last 12 months. It was just in January of this year that it announced a Series C of $35 million. Before that, in June 2018, it raised $26 million.

Following funding, Bridgit launches second construction planning product(BETAKIT)

Kitchener-based Bridgit, offering a project management platform for construction businesses, has announced its second product, Bridgit Bench, a resource planning tool, that is now publicly available.

Stripe and Precursor lead $4.5M seed into media CRM startup Pico(TECHCRUNCH)

At its core, Pico is an identity layer for media — offering a way to implement paywalls, checkouts and analytics while actually knowing who your customers are.

ApplyBoard raises $55 million CAD Series B for international student recruitment platform(BETAKIT)

ApplyBoard, a Kitchener-Waterloo-based AI-enabled recruitment platform helping international students apply to post-secondary education in North America, recently closed a $55 million CAD Series B.

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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