The SaaS Weekly is a weekly newsletter covering major SaaS news from Canada and around the globe.
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Uber and Lyft approved to operate in Metro Vancouver(BETAKIT)
The Passenger Transportation Board approved on Thursday the licences allowing Uber and Lyft to operate in Metro Vancouver.
Finance’s Guide to Automating Your Subscription Business(SAGE)
With the subscription economy, you’re focusing on longer-term customer relationships vs. transactions. And that means downstream complexity with billing, revenue recognition, forecasting, and SaaS metrics.
Download this eBook to learn more about automating your subscription business, accelerating the quote-to-cash cycle, and the five steps you can take better manage your financials.
Most tech companies aren’t WeWork(TECHCRUNCH)
Lessons on capital efficiency drawn from 21 SaaS IPOs.
Toronto startup Nudge.ai is shutting down(BETAKIT)
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(SILICONANGLE)
The round was led by Sorenson Ventures and included ClearSky Security, Dell Technologies Capital and Foundation Capital.
11 Canadian tech companies to watch in 2020(BETAKIT)
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(TECH.EU)
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.
Calgary-based Communo raises $3.3 million seed round(BETAKIT)
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(INC42)
LogiNext added McDonald’s and Decathlon as clients last year.
Workplace software integration startup Unito raises $10.5 million CAD Series A(BETAKIT)
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(DEALSTREETASIA)
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.
Lane opens new Toronto headquarters following year of growth(BETAKIT)
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(EUSTARTUPS)
LumApps, founded in 2012, is a social and collaborative intranet platform designed to connect, inform and engage employees.
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.