Bobbie Racette steps down as CEO of Virtual Gurus after closing undisclosed funding
COO Elliot Schneier promoted to CEO as company founder becomes president.
SaaS
US-based Landbase buys team and tech behind Canada’s Adauris to advance AI roadmap
Canadian-founded Landbase says Adauris alums will help it bring “vibe AI” to inbound marketing.
How Collectr bootstrapped a trading card hobby into an eight-figure business
Former Doorr founders’ new app has amassed four million users in four years, including new advisor Steve Aoki.
Uno Platform raises $3.5 million to bring “pragmatic vibe coding” to enterprises
Startup says patent-pending technology aims to boost career coders’ productivity without sacrificing security.
OpenText replaces longtime CEO Mark Barrenechea as it considers selling off “non-core assets”
James McGourlay takes over as interim CEO after company reports stalled revenue growth in its latest earnings.
Propel posts another record quarter as Thinkific begins courting larger customers in Q2
Propel soars on continued demand, while Thinkific posts modest gains and looks upmarket.
Pathway acquired by US telehealth firm Doximity for $63 million USD
Doximity now beta testing a product with Pathway’s AI-powered search technology and medical datasets.
TeamLinkt scores $8.3-million CAD Series A to expand sports administration platform across North America
Saskatchewan startup gives over 3,000 sports orgs and three million users an assist with league management.
Harvey to bring AI legal platform to Canada with new Toronto office
The US company also plans to build Toronto into “a core development engine.”
Descartes continues US acquisitions as it navigates global trade upheaval
Supply chain tech firm buys US startup Finale Inventory for up to $55 million USD.
Canadian-founded Clay raises $100-million USD Series C led by Alphabet’s growth fund
Clay has grown its valuation sixfold in just over a year, from $500 million USD to $3.1 billion USD.
Cohere pitches security and productivity with general release of North enterprise AI platform
Co-founder Nick Frosst reiterates that return on investment is Cohere’s priority.
Shopify regains status as Canada’s most valuable company with strong Q2 earnings
Stock surges 20 percent as CFO claims no “meaningful changes” from tariffs.
Enabled Talent is using AI to make every job disability-inclusive
Hiring platform preps “full-scale launch” after partnering with Algoma University on accessibility tool.
Yaletown Partners raises $100 million in first close for third Innovation Growth Fund
Vancouver VC firm is targeting a final close totalling $250 million within the next year.