Valsoft nabs Progitek in sixth acquisition of 2024
Valsoft closed $229 million CAD in growth financing in January to expand its portfolio.
SaaS
After validating “enterprise farming playbook” in the US, IntelliCulture closes $3.5 million
AgTech startup is now looking to grow its team, double down on R&D.
Bobbie Racette on how the trifecta of being a queer, Indigenous woman helped her create an inclusive, successful platform
Virtual Gurus founder also shares her plans for a Series B raise.
Maxa secures Series A funding led by Framework and BDC Capital
Maxa said the new funding will fuel product development, go-to-market, and customer self-serve capabilities.
S|W: The SaaS Weekly – Newfoundland’s CoLab to go on hiring spree with Series B funding
Plus: Thinkific has too much cash. That’s a real problem.
Forma.ai’s first acquisition nets fellow Toronto sales software startup SeaMonster
With SeaMonster, Forma.ai aims to help companies provide activity-based sales incentives.
Conexus Venture Capital launches its second $30-million fund to back Saskatchewan tech startups
Conexus Credit Union reaffirms commitment to local VC with another $15-million.
Busbud acquires South African revenue management platform Ratality
The acquisition adds demand forecasting, dynamic pricing, and fleet management features to Busbud’s platform.
S|W: The SaaS Weekly – Squarespace to go private in $6.9 billion deal after hefty IPO
Plus: Figma shareholders to sell at a discount in Adobe deal fallout.
CoLab raises $28.6-million CAD Series B to grow its team and incorporate AI
CoLab CEO Adam Keating said he expects to grow the team from 86 to 125 employees by the end of the year.
Blossom closes $2.1 million to grow its investing social network in the US
After abandoning its brokerage vision, Blossom plans to remain a social platform.
Bench and Shopify alumni announce $11 million CAD to build “the Stripe for accounting” with Teal
Vancouver-based Teal provides bookkeeping infrastructure to vertical SaaS companies.
Q1 Canadian VC funding posts mixed results as PE market rebounds, CVCA reports
Pre-seed, seed-stage VC funding declines as late-stage investment continues descent.
Diversio acquires CCDI Consulting to expand its workplace-inclusion services
Diversio now offers consulting services and hundreds of training courses.
Bōde secures new funding to streamline home sales with AI
Backed by Thin Air Labs, Calgary-based startup receives $4 million in equity and debt to scale platform.