Certn and Quadshift secure capital from BDC Capital’s topped-up funds
Funding follows apparent departure of Certn president less than a year into the job.
SaaS
Coral closes $4.1-million seed round to launch menopause virtual care platform
Ex-Dialogue, Skylight co-founders aim to address gaps in management of “debilitating” menopause symptoms.
Alexi secures $4.5 million in venture debt from TD to develop AI tools for litigators
Debt financing comes eight months after legaltech startup’s $15-million Series A.
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.
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.