Andgo Systems, Conexus among recipients of Saskatchewan-focused PrairiesCan funding
Economic development agency dispenses $6.3 million across nine startups and ecosystem programs.
SaaS
FansUnite sells American subsidiary back to co-founders, delists from TSX
FansUnite said it expects to retain approximately $500,000 CAD to “explore new business opportunities.”
Uni-One closes $10-million CAD Series A as foodtech startup’s revenue run rate surpasses $100 million
Vancouver startup claims $60-million post-money valuation, plans to launch in the US later this year.
American hospitality tech firm Agilysys acquires Book4Time for $204 million CAD
Agilysys’s broad portfolio elevates what Book4Time can deliver to clients, CEO Roger Sholanki said.
European online car marketplace AutoScout24 agrees to purchase AutoTrader parent from Thoma Bravo
Price was not disclosed, but deal to acquire Trader Corporation is expected to close in Q4 2024.
Get ready for the BetaKit Keynote Stage at SAAS NORTH 2024
Leaders from Tealbook, Certn, Passage, and more to headline Canada’s SaaS conference November 13 to 14.
InsurTech platform QuickFacts secures $2 million to continue North American expansion efforts
QuickFacts claimed it tripled its number of active users in the past year.
Paper CEO Phil Cutler out, startup cuts 45 percent of HQ staff and all Canadian tutors
Startup sees fourth round of layoffs within a year as EdTech veteran Rich Yang becomes interim CEO.
Sampler files for bankruptcy
Documents show digital product sampling startup has nearly $13 million in liabilities.
Well Health plans to spin out, publicly list SaaS and services business in 2025
Founder and CEO Hamed Shahbazi said spin out will unlock “significant shareholder value.”
CruxOCM closes $23.3-million CAD Series A led by Microsoft’s venture fund
Investment empowers CruxOCM to bring co-pilot to more energy sector control rooms.
Marketing platform MaxBounty acquired by German ad firm Mrge
MaxBounty is the second Canadian company acquired by a Mrge in just over a year.
FinTech software firm PureFacts sells majority stake to New York-based GrowthCurve Capital
Deal reportedly values PureFacts at $250 million.
LeddarTech’s Nasdaq listing in jeopardy as stock falls below $1-USD minimum
Warned it could be delisted in 180 days, company secures up to $9 million USD in bridge financing.
Dax Dasilva wants his bonus
Plus: More money on the table for diverse founders.