Flare acquires US-based competitor Foretrace
Flare claims it experienced triple-digital growth in 2023.
SaaS
These are the most in-demand roles at tech companies in Canada
Cleantech, AI, SaaS, cybersecurity firms are actively scouting for talent.
NowVertical resolves dispute with founder, shareholder Daren Trousdell
Trousdell called for NowVertical’s board to be replaced in January.
Borderless AI launches from stealth with $27 million for HR assistant
AI-powered product can answer legal, finance, or tax queries in 170 languages.
Proptech startup Landerz plots a course for growth with $1.5-million CAD seed round
Over 100 land opportunities are listed on Landerz’s public platform, totalling over $200 million CAD.
Top Hat’s Maggie Leen appointed CEO two months after Joe Rohrlich’s quiet departure
EdTech firm has also tapped Larry Indovina for the new role of COO.
Busbud continues Latin American expansion with acquisition of Buson
Busbud says it now has over 600 partnerships with bus operators in LATAM.
S|W: The SaaS Weekly – The US could ban TikTok. Will Canada follow?
Plus: MDF Commerce agrees to go private, but some shareholders raise a fuss.
DevOps platform Codezero raises $3.5-million seed round
The platform is backed by GitHub CEO Thomas Dohmke.
Music collaboration startup BeatConnect raises $2.25 million CAD
Platform led by CBC alumni reached over 70,000 users in 2023.
TrueContext to be acquired by Battery Ventures in latest Canadian go-private deal
The acquisition values the workflow platform at approximately $150 million.
MDF Commerce to go private in $255-million acquisition by New York-based KKR
The deal’s price tag is a premium on its recent TSX close yet well below its peak value.
Yamaha Motors leads Joyride’s $7-million CAD Series A as startup sets sights on enterprises and OEMs
Joyride partnered with EV manufacturer GEM in October.
S|W: The SaaS Weekly – Apple’s walled garden hit with $2 billion fine
Plus: Travel perks platform Plusgrade gets major NY investor.
Ontraccr secures $1.2 million for construction management software
Ontraccr’s platform digitizes operational workflows in the construction industry.