Three Canadian startups selected for Google’s latest Women Founders accelerator cohort
Blossom Social, Emaww, MedEssist represent Canada in the third installation of Google’s accelerator.
SaaS
VendorPM secures $20 million Series A to expand US footprint
VendorPM’s backers include Bessemer and a plethora of real estate investors.
S|W: The SaaS Weekly – WellnessLiving, Kinaxis expanding as Martello cuts back
Plus: Layoffs across SaaS startups pile up.
Vendasta lays off staff after the pandemic spurred fast-pace growth
Vendasta’s teams are spread across Canada, India, and the US.
Direct-C closes $3.9 million Series A from Henkel and GreenSky to scale oil leak detection tech
University of Calgary spinout sees applications for its tech beyond oil and gas.
NotaryPro secures $646,415 CAD to tap into growing market for digital signatures
CEO claims the pandemic became a major catalyst for NotaryPro’s growth.
Metafold 3D secures $500,000 from Active Impact Investments to build 3D printing’s “missing piece”
Idea behind Metafold was spun out of co-founders’ consulting work with a major sportswear manufacturer.
Moozoom raises $5 million to improve youth mental health with socio-emotional learning videos
Amplify Capital, Telus Pollinator-backed Moozoom eyes US expansion.
Attractions management software startup Connect&Go closes Series A round with $6.2 million top-up
Connect&Go has worked The Super Bowl, Vancouver Olympics, Comic Con.
WellnessLiving secures $66 million USD to scale operations management software for wellness centres
The Thornhill startup serves over 5,000 yoga studios, dance studios, and other wellness centres.
S|W: The SaaS Weekly – Hootsuite restructuring spells massive layoffs
Plus: HR tech startup Humi acquires SaaS scheduling startup Ameego.
Market watch: Q4 Inc., E Inc., Goeasy Ltd., BBTV Holdings Inc.
Companies are working to weather challenging market conditions.
Market watch: Well Health, Magnet Forensics, Dialogue Health, and Thinkific Labs
Gains and losses aren’t about the verticals, but rather the companies.
Dooly latest Vancouver startup to cut staff amid broader market downturn
Dooly has joined a growing number of Canadian tech companies to trim their workforce, laying off 12 people.
HR tech startup Humi acquires SaaS scheduling startup Ameego
Humi customers include Tim Hortons, Boston Pizza, and Moxies.