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.
SaaS
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.
Three Canadian startups earn spots in Google’s latest Women Founders accelerator cohort
MedReddie, SkyAcres, and Nimble Science represent Canada in the class of 2024.
Contractor management platform PayShepherd closes $7 million CAD as product, market expansion continues
Inovia Capital-led round aimed at cementing firm’s presence in the United States and Canada.
S|W: The SaaS Weekly – Why is Marc Benioff buying up Hawaiian land?
Plus: Certn’s new president targets growth over acquisitions.
General Atlantic becomes major investor in travel perks platform Plusgrade
The deal values Plusgrade at over $2 billion, according to The Globe and Mail.
Bench IQ raises $2.8 million CAD in pre-seed funding with buy-in from Maple VC, Haystack
The minds behind Ross Intelligence are back.