Covera raises $1.5 million to help customers overcome boring insurance shopping
Montreal-based Covera, which has a platform that finds annual insurance rates for customers, has raised $1 million in its seed…
Funding
Security workforce manager TrackTik raises $7 million
TrackTik, Montréal-based security workforce management platform, has received $7 million in funding. The startup is backed…
Wattpad launches subscription, reportedly looking to raise $50 million with Tencent
Wattpad is looking to raise $50 million CAD from Tencent, according to a report from The Globe and Mail. Tencent will reportedly…
Lightspeed raises $207 million Series D as company preps for IPO
Montreal-based Lightspeed has raised $207 million Series D round. The round was led by Caisse de dépôt et placement du Québec…
Report: Canada among top 10 countries for marketplace expansion
Canada ranked in the top 10 marketplaces for expansion on Hyperwallet’s inaugural 2018 Marketplace Expansion Index. The…
GoDaddy awarding $2,500 to small business ventures
GoDaddy Canada has announced its second annual contest to support Canadian entrepreneurs. The Life Fulfilling Ventures Contest,…
Microsoft Ventures launches competition to fund AI startups
Microsoft Ventures launched a global competition that is looking to invest in startups using AI for intelligent apps, services,…
la Caisse and Desjardins Group launching $75 million FinTech fund
la Caisse and Desjardins Group announced the creation of a $75 million investment fund dedicated to FinTechs and AI applied…
Payment Rails raises $1.1 million, adds ex-PayPal president as board advisor
Toronto-based Payment Rails, which provides an API platform for businesses to send payments to any individual or company around…
Drop launches in the US with $5.5 million from Sierra Ventures, Portag3
Toronto-based Drop, a mobile app that allows users to collect points on top of their usual loyalty programs, has launched in…
Swept raises $2.5 million to tackle employee turnover in the cleaning industry
Swept has raised a $2.5 million seed round led by iNovia Capital with Afore Capital. Swept initially launched as Clean Simple…
Nuco raises $27 million to build interoperable blockchain network
Toronto-based Nuco has raised $27 million CAD to build its interoperable blockchain network, called Aion. The goal is to build…
TD dedicating $3.25 million to helping early-stage FinTechs navigate patents
As Canadian banks race to stay ahead of FinTech disruption, TD has made several announcements in an effort to get closer to…
Goldmoney announces $30 million in financing to fuel blockchain offerings
Toronto-based Goldmoney, a gold-based payments and savings platform that allows users to acquire, store, and spend gold stored…
NACO partners with CABI to connect Canada’s early-stage funding ecosystem
As the Canadian funding landscape has evolved, the National Angel Capital Organization and the Canadian Acceleration and Business…