1Password adds Shopify alum Erin Zipes as chief legal officer, doubling C-suite over past year
Zipes has experience scaling legal team, leading Shopify through IPO.
SaaS
Orna raises over $1 million in seed funding to bolster AI-powered cybersecurity platform
Orna is working on using blockchain tech for secure data storage.
PayShepherd closes $3.8 million CAD to fuel North American expansion of contractor billing solution
Calgary FinTech firm aims to spot billing mistakes before it’s too late.
Starting with Ontario, Kruzee aims to become North America’s leading online driving school
Ratehub, Juno College alum-led Kruzee gears up for launch with $500,000.
S|W: The SaaS Weekly – Sheryl Sandberg leans out
Plus: BC startups Kardium, HTEC, Kobalt, Symvivo receive cumulative $11.1 million from feds.
Nasdaq to acquire Montréal ESG software provider Metrio
Nasdaq’s last Canadian acquisition was Verafin for $2.75 billion USD.
Penny AI raises $33.9 million CAD Series B to expand direct sales solution
Penny’s platform supports sales consultants in over 60 countries and 25 languages.
SoulRooms launches initiative to help Ukrainian refugees find homes in Canada
Plus: Canadian org launches app to expedite refugees’ arrival into Canada.
BC startups Kardium, HTEC, Kobalt, Symvivo receive cumulative $11.1 million from feds
The four recipients operate in the life sciences, cleantech, and digital sectors.
Inossem raises $3.5 million CAD to bolster R&D, add engineers
Inossem aims to help Canadian mid-sized businesses with business automation.
S|W: The SaaS Weekly – VMwares for sale… sold!
Plus: Humi closes $31 million Series B.
Acquisitions drive revenues at Emerge Commerce and Plurilock Security
Both companies report revenue increases for the first quarter of 2022.
Dependbuild, Easy Platter, PragmaClin Research win collective $75,000 from Volta pitch contest
The three startups represent Volta’a 10th cohort for its mentorship program.
Led by former Shopify executive, on-demand delivery service Trexity raises $5 million for Canadian expansion
Trexity helped pioneer a subscription delivery service for Kettleman’s Bagel.
Unbounce expands leadership team with addition of Indochino, RBC Ventures, Mapbox alums
Startup adds CMO, CPO, and VP of engineering for “next phase of growth.”