S|W: The SaaS Weekly – Vancouver (finally) gets ride-hailing

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!


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BetaKit

Uber and Lyft approved to operate in Metro Vancouver

The Passenger Transportation Board approved on Thursday the licences allowing Uber and Lyft to operate in Metro Vancouver.


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TechCrunch

Most tech companies aren’t WeWork

Lessons on capital efficiency drawn from 21 SaaS IPOs.


BetaKit

Toronto startup Nudge.ai is shutting down

Nudge.ai, the Toronto-based startup that developed a revenue intelligence platform, announced to its users on Monday that the company is shutting down.


Cloud identity authorization startup CloudKnox raises $12M

The round was led by Sorenson Ventures and included ClearSky Security, Dell Technologies Capital and Foundation Capital.


BetaKit

11 Canadian tech companies to watch in 2020

Grow founder Kevin Sandhu shares his annual list of Canadian tech companies that will make significant strides in 2020.


Belgian startup Proxyclick raises $15 million to help enterprise companies securely manage visitors

Proxyclick, the Belgian provider of enterprise visitor management software, has raised a $15 million Series B round led by Five Elms Capital, with participation from Series A investor JOIN Capital.


BetaKit

Calgary-based Communo raises $3.3 million seed round

Communo, which helps connect businesses in the marketing and advertising fields, has raised a $3.3 million CAD seed round.


LogiNext raises $39 Mn from Tiger Global, Steadview to fuel overseas expansion

LogiNext added McDonald’s and Decathlon as clients last year.


BetaKit

Workplace software integration startup Unito raises $10.5 million CAD Series A

Unito, a Montréal-based startup has closed a Series A funding round totalling $10.5 million CAD, bringing the company’s total funding to about $13 million.


SaaS startup Samya.ai raises $6m funding led by Sequoia India

Samya is currently running proof of value engagements with a few Fortune 100 companies in Europe and the US, with its technology team based out of India.


BetaKit

Lane opens new Toronto headquarters following year of growth

Proptech startup Lane has opened a new corporate headquarters in downtown Toronto after a year of significant growth for the company.


Paris-based LumApps raises €63.1 million to grow its enterprise intranet platform

LumApps, founded in 2012, is a social and collaborative intranet platform designed to connect, inform and engage employees.


BetaKit

Why investment in Candian SaaS Startups shot up 200 percent in 2019

L-Spark’s Leo Lax gives his top takeaways to note as Canada becomes a more prominent hub of SaaS startups.



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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.