GreenSky expands team, secures $17 million first close of Fund V as firm sees opportunity amid the downturn
“When you get that kind of volatility … that’s when you get the best opportunities.”
Funding
Following exit to Live Nation, Universe founders secure $10.8 million for online art marketplace Peggy
Peggy uses AI to help artists and collectors authenticate artwork.
Levr.ai closes $1 million in pre-seed funding to simplify loan applications
After seeing qualified businesses struggle to secure financing, Levr.ai sought to create an easier process.
Raven.ai aims to address supply chain issues following $12 million USD Series A
“We believe Raven’s solution will play a key role in engaging these frontline teams.”
Atlantic Canada healthtech firms NovaResp, SiftMed, The Rounds secure funding
Rounds for all companies were led by or had participation from Atlantic Canada-based VCs.
Conquest Planning raises $24 million to expand AI financial advisor solution to US, UK markets
Conquest is backed by Fidelity, RBC, and Portage.
Jobber closes $100 million USD Series D amid strong demand for home services
Jobber hit $100 million in revenue in 2022, but CEO still sees plenty of room to grow.
Shopify invests in US-based e-commerce analytics aggregator Triple Whale
Triple Whale helps Shopify merchants unify business metrics into one dashboard.
Hippoc announces $3 million to help marketers test ad campaigns using neuroscience
Hippoc’s web-based platform can predict the cognitive impact of an ad before it goes live.
After selling startup to Instacart, New School Foods founder raises $15.9 million CAD to create plant-based meat
Toronto startup’s tech can produce plant-based salmon fillets.
Invest Ottawa’s 10th birthday party comes with over $6.6 million in funding to support Area X.O
Invest Ottawa will use funding to create remote and simulation options for smart mobility R&D.
As Clearco and Wayflyer struggle, Paperstack secures $9 million in equity, debt to fuel pivot into e-commerce lending
Paperstack sees room to grow as larger players cut back amid economic headwinds.
RocketRez closes $20 million CAD Series B to fuel European tourism expansion
CEO: “We’re a little company in Manitoba taking on the world.”
Smile Digital Health secures $30 million Series B to expand AI, machine learning capabilities
LinkedIn posts indicate Smile Digital Health quietly let people go last year.
SVG Ventures Thrive aims to raise $75 million CAD for third agrifood fund
The fund will make initial investments in seed to Series A agrifood startups.