GTMfund closes $54-million USD Fund II to back more early-stage Canadian B2B SaaS startups
Vancouver VC firm plans to grow its Canadian team, invest more in Canada via Fund II.
SaaS
Clio and Intel add new general managers in Canada as #CDNtech exec shakeups carry into 2025
ThoughtExchange, Verv, and Lorica also started the year by making changes at the top.
San Francisco-based Landbase taps Canadian roots with acquisition of LavaReach
Bootstrapped startup’s co-founders will join the AI-powered go-to-market solutions company.
Dax Dasilva on staying public, Lightspeed’s plans for growth, and hiring in Montréal
Lightspeed sets focus on company’s “two crown jewels,” North American retail and European hospitality.
Teachers’ Venture Growth leads round valuing StackAdapt near $2.5-billion USD
Reports indicate round is largely secondary like a previously undisclosed 2022 Summit Partners investment.
FLiiP raises $4.4 million in seed financing to grow fitness industry management software
Québec gym owner developed platform to streamline operations, customer success.
Accelerating software that helps the helpers
How AWS helps Jane scale practice management for allied health clinics worldwide.
Canadian-led Nue raises $28.8-million Series A round led by Inovia
San Francisco-based revenue management platform plans to expand globally.
Conexus Venture Capital makes first Fund II investment into parking software startup Offstreet
Regina-based company closes $2.4-million second seed round amid tough provincial fundraising environment.
Canadian-founded Clay achieves unicorn status with $57.5-million raise
Customer research AI startup CEO claims its 6x growth in 2024 prompted existing investors to “double down.”
Optable raises $28.8 million to grow data management solution in United States
Funding for the adtech venture led by Telus Global Ventures with participation from many returning investors.
Street Context acquired by American market intelligence firm BlueMatrix for undisclosed amount
Combined company will integrate authoring, financial data, and consumption analytics into one platform.
Basetwo closes $16.5-million CAD Series A round to optimize manufacturing with AI copilots
Company claims AI model armed with physics, chemistry expertise can cut inefficiencies in mass production.
Shopify quietly kills Indigenous entrepreneurship program Build Native
Build Native program lead and Head of Equitable Commerce no longer work at the company.