FinTech software firm PureFacts sells majority stake to New York-based GrowthCurve Capital
Deal reportedly values PureFacts at $250 million.
SaaS
LeddarTech’s Nasdaq listing in jeopardy as stock falls below $1-USD minimum
Warned it could be delisted in 180 days, company secures up to $9 million USD in bridge financing.
Dax Dasilva wants his bonus
Plus: More money on the table for diverse founders.
Perceptive Space emerges from stealth with $3.9 million to help predict solar flares and other ‘space weather’
Toronto space tech startup aims to ensure safer satellite launches and operations.
Former Delve Laboratories, Dialogue leaders secure $2 million to help cyber insurance brokers sell policies and assess risk
Inscora plans to launch its “value-added cyber insurance” software by the end of 2024.
Interior design project management platform Mydoma acquired by California’s Studio Designer
Companies will support nearly 20,000 interior designers across the United States and Canada combined.
Lightspeed beats revenue forecast in first full quarter under Dax Dasilva’s renewed reign
Montréal-based company reports 27 percent year-over-year sales increase to $266.1 million USD.
Tracktile raises $575K to bring operations software to manufacturing industry plagued with “expensive and legacy” tech
BDC selected the PEI startup as the first investment from its Seed Venture Fund.
Arcadea Group secures $336 million CAD to acquire vertical SaaS companies
Capital injection brings the firm’s war chest up to $690 million CAD.
Why Clio didn’t IPO
Plus: The largest Series A raised by a Black female founder in Canada.
Looking for a job? Try a company that makes money
In the face of mass layoffs and long hiring cycles, Carbon6 wants to attract candidates with stability.
Y Combinator grad Gumloop secures $3.1 million USD in seed funding to grow no-code automation tool
Backers include Y Combinator and founders from Instacart, Dropbox, and WePay.
Workstaff closes $1.6-million seed round with ambitions to expand beyond Canada
Startup has doubled team from six to 15 people, with plans to funnel funding first into the US.
Claudette McGowan closes $10-million Series A for cybersecurity startup Protexxa
Startup claims round is the largest secured by a Black woman founder in Canada.
Clio tops $4-billion CAD valuation with largest software funding round in Canadian tech history
New investors pool $900 million USD after legaltech hits $200 million in ARR.