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.
SaaS
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.
Elevated Signals raises $7.9 million CAD Series A to scale its manufacturing operations software
After starting in cannabis, startup looks to its original goal of tackling food security.
With new president Sarah Miller Wright, Certn targets profitable growth over acquisitions
Following 2023 layoffs, Miller Wright must steer Certn’s global operations through a “transformation year.”
S|W: The SaaS Weekly – Reddit’s power users will get first dibs on its IPO
Plus: Golden Ventures talks success in closing fifth seed-stage VC fund.
Four Canadian companies selected to Comcast SportsTech Accelerator
Canada lead the pack with the highest number of companies in the global cohort.
S|W: The SaaS Weekly – Prodigy’s got a new plan, a new CFO, and a leaner team to boost growth
Plus: It’s getting (slightly) easier to sell software.
1Password acquires Boston-based device security platform Kolide
Following the deal, CEO Jeff Shiner said 1Password expects to add 250 new positions in 2024.
ZayZoon, Symend, Peggy named to CIX’s top early-stage, growth startup lists
This is the first edition of the lists since Elevate acquired CIX in September 2023.
Supply chain software company Nulogy receives strategic backing from US private equity firm Rubicon
With Rubicon’s experience and more cash on hand, Nulogy is exploring new ways to scale.
Unbounce among the latest #CDNtech companies making changes at the top
WeCook, Aifred Health, and Stream Systems have also made leadership changes this month.
EdTech game developer Prodigy Education adds CFO to refreshed leadership team
After September 2022 “reset,” Prodigy has set its sights back on sustainable growth.
S|W: The SaaS Weekly – Snap cuts senior execs amid sector-wide layoffs
Plus: Canadian cleantech startup scores in Latin America with global clients.