Hospitality platform 7shifts secures $101.6 million CAD to increase staffing, product development
Startup says it added more than 10,000 restaurants to its platform last year.
Retail
Cubbi secures $1.35 million CAD to expand its food delivery and storage platform
The food delivery startup comes from same city as SkipTheDishes.
R|T: The Retail Times – Lightspeed’s Age of Dax is over
Plus: Amazon confronts pandemic costs and raises the price of Prime.
Elastic Path secures $60 million to scale “composable commerce movement”
The round brings Elastic Path’s total funding to $120 million.
Dozr raises $27.5 million in Series B funding to support US expansion plans
The heavy equipment rental startup aims to replicate its Florida playbook in other markets.
Hopper now valued at $5 billion after $35 million secondary deal
Hopper recently expanded into Airbnb-style home rentals.
R|T: The Retail Times – How long will it take Shopify to compete with Amazon on fulfillment?
Plus: Lightspeed adds global tech entrepreneurs to its board.
Founder Dax Dasilva out as Lightspeed CEO
President JP Chauvet steps in as CEO; Q3 results overshadowed in C-suite change.
RenoRun closes $181 million CAD Series B to fuel Canada, US expansion
RenoRun is building a vertically-integrated “one-stop shop” for construction materials.
Fyyne launches platform with pre-seed funding to address Black hair care accessibility
Fyyne plans to build all the tools that Black hairstylists need to run their businesses.
Lightspeed adds global tech entrepreneurs Nathalie Gaveau and Dale Murray to its board
The two appointments bring the board’s female representation to 44 percent.
MintList secures $2.76 million to fuel growth of online auto sales platform
The BC startup wants to capture a slice of the hot used car market.
R|T: The Retail Times – Shopify’s sinking shares
Plus: What Sonder can teach the hospitality industry.
OMERS Ventures reinvests in Deliverect as part of $150 million USD Series D round
The Belgian firm with Canadian roots now has a $1.4 billion valuation.
R|T: The Retail Times – Unreserved bids on itself
Plus: Article postpones US IPO amid tech stock selloff.