Led by ex-Vidyard employees, HyperComply wants to get rid of security questionnaires
After closing $6.4 million USD in January, HyperComply launched a product to automate due diligence.
Funding
Information VP, National Bank invest in US FinTech FX HedgePool’s $8 million Series A round
FX HedgePool secures support from a pair of Canadian VCs.
Canadian-founded healthtech startup Power emerges from stealth with $7 million
Power wants to bring the process of discovering and accessing clinical trials into the future.
Supply chain analytics SaaS startup Lytica secures over $13 million in Series A round
Lytica uses AI to help companies reduce costs and mitigate risks in their supply chain.
LumiQ raises $5 million to expand CPA training podcast platform to US
LumiQ aims to build on “tremendous” pandemic growth since pivot to podcasts.
SureBright raises $3.2 million CAD to reinvent retail insurance
SureBright has integrated its insurance and warranty solution with Shopify vendors.
Jombone closes $3.3 million to modernize the blue-collar staffing industry
Jombone aims to offer businesses an alternative to incumbent staffing agencies.
Vitalik Buterin fund gives financial booster shot to doctor’s startup assessing airborne COVID-19 risk
Raven Clean Air tracks carbon dioxide levels in order to assess COVID-19 risk.
BarrelWise secures $3.1 million CAD to modernize wine barrel management
The Vancouver startup aims to tackle thousands of years of winemaking tradition.
D-Wave, Coveo, Canada Drives among tech companies receiving collective $50 million for Scale AI projects
The projects in this cohort vary from AI integrations in finance to transportation.
VendorPM secures $20 million Series A to expand US footprint
VendorPM’s backers include Bessemer and a plethora of real estate investors.
Myplanet raises $14 million CAD to become leader in emerging ‘composable commerce’ market
Myplanet’s customers include New Balance, Harry Rosen, Telus.
Vive Crop Protection secures $34 million CAD Series C to drive AgTech R&D
Amid competition from major ag chemical firms, Vive sees R&D speed, efficiency as a differentiator.
Direct-C closes $3.9 million Series A from Henkel and GreenSky to scale oil leak detection tech
University of Calgary spinout sees applications for its tech beyond oil and gas.
NotaryPro secures $646,415 CAD to tap into growing market for digital signatures
CEO claims the pandemic became a major catalyst for NotaryPro’s growth.