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 (la Caisse) with…
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Today in company updates: Bridgit announces new CRO, Element AI brings on key hires
This week, several startups have made announcements launching new features and partnerships. Here’s the latest on company updates. TruRating integrates into CT-Payment POS terminals…
Ritual raises $53 million Series B
Toronto-based Ritual has raised $53 million CAD ($43.5 milion USD) in a Series B round led by Insight Venture Partners, according to The Wall…
NewKnow hopes its tech will help retail workers become brand experts
Chances are, when you think technology and retail, your mind immediately goes to ecommerce. But despite the prediction of the demise of brick-and-mortar retail,…
Walmart launches third-party seller marketplace in Canada
Walmart has announced that it is expanding its global online marketplace to Canada via Walmart.ca. With this program, Canadians will be able to buy…
Following Shoes.com shutdown, co-founder Sean Clark says company did “too much too fast”
In January, Shoes.com announced that it would be shutting down its operations by taking its three properties — Shoes.com, OnlineShoes.com, and ShoeME.ca — offline…
Startup Canada Podcast: DavidsTea co-founder on building North American retail empires
When your employees are happy, business does better. For David Segal, knowing how to hire and creating the right environment for employees was just…
Tulip Retail raises $50 million Series B from Kleiner Perkins
Toronto-based Tulip Retail has raised a $50 million CAD Series B led by Kleiner Perkins. Existing investors, including Jump Capital, also joined the round….
Today in retail: thisopenspace launches $30,000 fund, Handled launches personal shopping concierge in Toronto
This week, two Canadian startups in the retail space have announced new features and funds. Here’s the latest on Canada’s movers and shakers. thisopenspace…
Shopify, TouchBistro now integrated into Moneris iPad POS solutions
Moneris, one of Canada’s largest processors of debit and credit payments, has introduced a series of iPad Point-of-Sale (POS) Solutions to help retail and…
Flexiti Financial raises $6.25 million to scale POS lending platform for retailers
Toronto-based Flexiti Financial, which provides point-of-sale financing and payment technology for retailers, has secured a $6.25 million investment from a group of undisclosed investors….
Report: Mobile retail site visits increasing year-over-year in Canada
Canadians are shopping more often on their smartphones than they are through desktop computers. Comscore, an American measurement and analytics company, has released a…
The future of retail is virtual and seamless
Imagine: your boyfriend asks you to go shopping because it’s so enjoyable; there are no more dreadful checkout lines to wait in; same-day delivery…