Diversio secures $8.13 million CAD on journey to improve corporate diversity and inclusion
Diversio uses AI to uncover bias in companies and recommend solutions.
Funding
Funnelytics snags $1.85 million to launch version 2.0 of its analytics platform
Funnelytics’ platform anonymizes consumer information as online privacy becomes paramount.
Shakepay secures $44 million Series A led by QED Investors to roll out more Bitcoin products
The round gives the Montréal crypto startup a $313 million valuation.
Space data startup Wyvern reveals $4.5 million in pre-seed and seed funding
The company is also set to join Y Combinator’s 2022 cohort.
Sonder makes Nasdaq debut following close of SPAC deal
Sonder’s CEO called the listing “a historic moment” for the company.
1Password claims $744 million CAD round is largest in Canadian history
Hollywood stars, business leaders invested in the password manager startup.
$1 million round caps off busy 2021 for legaltech startup Goodlawyer
Lawyer-turned-entrepreneur aims to make legal services accessible for startups.
2048 Ventures bags $67 million USD Fund II for Canada, US investments
The VC invests in emerging markets outside of Silicon Valley, including Canada.
Financial data and analytics firm Canalyst raises $70 million USD Series C
The round brings Canalyst’s total funding to over $100 million.
Emmertech closes $60 million to grow “dominant” Canadian AgTech companies
The final close adds $15 million and new LPs to the fund.
Hyivy Health secures $1.1 million in pre-seed funding to ease women’s pelvic health problems
The startup is entering clinical trials, and needs to gain regulatory approval.
PainWorth secures $2.1 million CAD to settle personal injury claims using machine learning
The Edmonton startup aims to tackle the “enormous” personal injury market.
NACO and Angel Investors Ontario promised $5.4 million from FedDev
The financing is meant to help 800 businesses and 170 partnerships provincially.
Together lands $6.2 million CAD to pair mentors and mentees in companies
The Y Combinator graduate caters to Airbnb, Discovery Channel.
Ryan Holmes, Manny Padda-led LOI Venture secures more than one-third of $20 million target in first close
Newly announced LPs include Dapper Labs and Clearco founders.