Aiming for cash-flow positive in 2024, Virtuo targets North American expansion with 2023 funding
Calgary-based proptech startup raised $3.5 million in seed financing in March.
SaaS
Sixty Degree Capital closes $338 million CAD for third venture fund
The new fund looks to invest in enterprise software and healthtech startups.
S|W: The SaaS Weekly – OpenText sells off mainframe business for over $2 billion USD
Plus: MaRS IAF returns and is ready to invest.
#CDNtech talks AI disruption and the state of SaaS
Canadian tech luminaries probe deep questions in this compilation of interviews recorded live at SAAS NORTH.
InBC leads $13.5-million financing round for ThoughtExchange
The startup claims its revenues have grown fivefold in the last five years.
Two years after Graphite Ventures spinout, MaRS IAF is ready to invest again
With new hires, managing director says IAF has achieved “critical mass.”
S|W: The SaaS Weekly – Investment in Canadian SaaS almost doubled from 2022 to 2023
Plus: Marc Benioff just can’t make up his mind on RTO.
HS GovTech Solutions acquired by Banneker Partners
HS GovTech is the latest Canadian tech company delisting from public exchanges.
Birdseye closes $4.1 million CAD in seed funding for AI-powered marketing platform
The round comes eight months after Birdseye’s $500,000 USD pre-seed funding round.
S|W: The SaaS Weekly – Q4 Inc. joins pandemic IPOs returning private, Ambyint returns to Calgary
Plus: Slack names longtime Salesforce executive Denise Dresser as new CEO.
Canadian SaaS investment rebounded in 2023, reaching nearly $7 billion
L-SPARK’s report identified 20 SaaS deals valued at $50 million or more.
Active Impact Investments launches third climate tech seed fund with $70 million in initial commitments
LPs include Northleaf, Fondaction, Co-operators, Deloitte Ventures, University of Victoria.
PointClickCare’s Mike Wessinger on how Canada’s tech sector stacks up globally
Newly appointed C100 board co-chair talks community building, fundraising, and talent.
Why are there 100,000 fewer Canadian entrepreneurs?
Satish Kanwar and Katy Yam join for a special episode recorded live on the BetaKit Keynote Stage at SAAS NORTH.
Four startups win over $210,000 at SAAS NORTH 2023
Among the winners are Enurgen, Strucwise, Myomar, and Soralink.