S|W: The SaaS Weekly – Oracle tops sales estimates as AI-frenzy spurs cloud demand
Plus: Automotive software maker LeddarTech inks SPAC deal to go public on Nasdaq.
SaaS
Micharity targets US expansion for its charitable fundraising platform with $7 million Series A
Following years of steady growth with minimal outside capital, Micharity is ready to ramp up.
Kibbi, a job-finding app for newcomers created by a newcomer, raises $1.1 million CAD
Kibbi partners with agencies and claims 6,000 job seekers as users.
Automotive software maker LeddarTech inks SPAC deal to go public on Nasdaq
CEO hails agreement as “important milestone,” plans to step down.
Following Alberta launch, insurtech QuickFacts raises $1.13 million CAD to expand across Canada
QuickFacts will launch its solution for insurance-specific workflows this summer.
S|W: The SaaS Weekly – Instabase notches $2 billion valuation on the back of AI
Plus: Montreal-based HR platform GSoft secures $125M.
Canadian app Apollo to shut down amid user protest against Reddit API pricing
The app, founded in Halifax, was created to improve Reddit for iOS users.
Saskatoon startups Rivercity, 7shifts team up to enhance food temperature monitoring for restaurants
RCI integrates its cold chain monitoring sensors into 7shifts’ restaurant management platform.
GSoft secures $125-million CDPQ investment to pursue growth through acquisitions
GSoft’s February acquisition of Quebec City’s Didacte was the company’s first.
S|W: The SaaS Weekly – Is Salesforce repositioning itself as a data company?
Plus: Growth equity firm PSG takes a big bite out of Toronto startup Hostaway.
Doormat raises $1.25 million to make real estate legal services easier
Doormat is currently available in Ontario and plans to expand into British Columbia and Alberta.
Platformatic secures $3.5 million, launches tech to simplify back-end development for enterprises
Platformatic is backed by Decibel, Panache, and developer and open-source angels.
PSG makes investment in Hostaway to expand its vacation-rental software amid travel rebound
Sources indicate PSG took majority ownership of Hostaway as part of the deal.
Communications startup Vrify secures $6-million Series A to help attract mining investment
Vrify creates 3D visualization technology and 360-degree virtual tours of mining sites.
Ex-Panache, ScaleUp partners team up to launch new early-stage VC fund CMD Capital
As funding has dried up, David Dufresne and Matt Roberts say they plan to lead and price early-stage rounds.