Spellbook, formerly Rally, raises $10.9 million to automate legal contracts using generative AI
The company is rebranding as part of a new focus on its AI tool and strategy.
SaaS
Locorum raises $1.2 million to help local service businesses grow through referrals
Locorum’s platform rewards customers for hiring local service providers.
Novisto closes $27-million CAD Series B to help companies improve their ESG reporting
Novisto gears up for growth as shareholder ESG pressure heats up.
S|W: The SaaS Weekly – 1Password launches passkeys for businesses
Plus: Tehama returns as management buys out of bankruptcy.
As Nasdaq delisting looms, asset management firm mCloud looks to go private
mCloud’s Nasdaq shares declined by 80 percent in the last year.
Withe raises $1.1 million in mission to address hospitality hiring challenges
The Vancouver-based software startup lists Marriott International as one of its users.
1Password launches passkeys for businesses as shift to passwordless picks up
1Password is among tech giants like Google and Apple leading the move to passkeys.
Tehama returns as management team buys it out of bankruptcy
CEO Paul Vallée said he’s “pretty chuffed” about the new startup.
S|W: The SaaS Weekly – Absolute Software sold to Crosspoint for $657 million
Plus: Hopper to power Uber’s expansion into flight bookings.
S|W: The SaaS Weekly – 1Password’s CEO responds to Google’s “tipping point”
Plus: Will BlackBerry make it to the BlackBerry movie release?
Hopper to power Uber’s expansion into flight bookings
“Flights on Uber” will be available to UK users this summer.
D2L acquires Connected Shopping to let clients sell online courses
The acquisition signals D2L’s ongoing expansion into e-commerce.
GeoComply acquires OneComply to automate licensing for regulated industries
GeoComply is using its platform to address “compliance failures” in the crypto industry.
Carbonhound raises $1.3 million help small, medium business get ready for emissions regulations
The startup will help cut carbon as the United Nations says “catastrophic” warming is upon us.
Bell to acquire Montréal cloud services provider FX Innovation
Bell posted an 88 percent decline in free cash flow since the first quarter of 2022.