US-based JMI Equity buys out Safe Software co-founder in strategic investment
30-year-old BC firm hopes to hit $250 million in annual revenue in five years.
SaaS
Paul Patterson named CEO of enterprise data startup Cinchy
Co-founder and former CEO will develop a data product marketplace for the startup.
Requity Homes secures $26 million for rent-to-own platform as high interest rates loom over prospective homeowners
Requity aims to help renters become homeowners in markets outside of Toronto and Vancouver.
Top Hat CEO Joe Rohrlich and CRO Matt Schurk depart EdTech company
Departures come five months after the firm reduced its workforce by 42 employees.
Workforce micro-learning platform Spiffy acquired by Oliver Solutions
Spiffy survived the COVID restaurant crisis by pivoting to cannabis retail.
CDPQ invests $136 million CAD into AppDirect financing program for tech advisors
Investment builds on initial $100 million AppDirect received from the pension fund in 2021.
Alida appoints Efrem Ainsley CEO as software firm targets “long-term sustainability”
Ross Wainwright departs after four years with the company formerly called Vision Critical.
S|W: The SaaS Weekly – Constellation Software scoops up Conduent subsidiaries for $260M USD
Plus: After 10 years leading Tulip, Ali Asaria steps down as CEO.
Operto to acquire US-based proptech firm Dack, bolster property management platform
The acquisition will mark Operto’s third since 2021.
L-SPARK’s Patrick White on the state of SaaS
“Services” doesn’t have to be a dirty word.
After 10 years leading Tulip, Ali Asaria steps down as CEO
Tulip COO and president Ian Rawlins to replace Asaria.
S|W: The SaaS Weekly – BlackBerry names new CEO, ditches spinout IPO plans
Plus: Vistara Growth Fund V sets target on enterprise software companies.
How John Raeder would use his $600-million growth fund to scale your startup
Founders need to “deconstruct” their operating playbooks to rebuild a stronger system.
Formerly Qui Identity, Wave alumni launch digital ID verification platform Confirm
Kirk Simpson and Peter Carrescia raised $6.5 million to launch company in August 2022.
Y Combinator graduate Terminal closes $4.2-million CAD seed round
Terminal aims to be the Plaid for telematics data in commercial trucking.