Loopio secures $252 million to accelerate its growth in RFP software market
Toronto-based B2B software startup Loopio has secured a $252 million CAD ($200 million USD) strategic investment from Sumeru…
SaaS
With Fortune 500 clients, revenue growth, Tasktop raises $126 million CAD in growth equity
Tasktop has raised $126 million CAD ($100 million USD) in growth equity financing, following several years of significant growth…
Goodfood reaches record revenue of $100.7 million as online grocery market booms
Montréal-based online grocery and meal kit delivery company Goodfood has reported a record quarterly revenue of $100.7 million.…
One year after raising seed round, PolicyMe launches digital life insurance product
PolicyMe, an insurtech startup based in Toronto, has officially launched its new digital insurance product, which allows Canadians…
Playmaker Capital closes $24 million private placement, plans to go public on TSXV
Toronto-based digital sports media company Playmaker Capital has raised $24 million in financing via private placement, as…
S|W: The SaaS Weekly – Clubhouse, competitors, and copycats
The SaaS Weekly is a weekly newsletter covering major SaaS news from Canada and around the globe. Subscribe to S|W using the…
Today in acquisitions: Symbi Medical, eStruxture, Eddyfi/NDT, Pinmo, Crank Software, Plurilock
Over the last few weeks, six Canadian tech companies have recently made acquisitions or have been acquired. Here’s the latest…
Three Prairies-based startups close seed rounds, raising combined $2.45 million
During the last week, Winnipeg’s Callia Flowers, Saskatoon’s Rivercity Innovations, and Regina’s BrewNinja raised fresh…
Following merger with Kelowna’s Bananatag, Staffbase secures $145 million
Germany’s Staffbase, which provides internal communications software to businesses, has raised a $145 million Series D round…
Top Hat co-founder Mike Silagadze joins Ripple Ventures as venture partner
Less than a month after stepping down as founding CEO of Toronto-based EdTech startup Top Hat, Mike Silagadze has joined Ripple…
Unsplash to be acquired by Getty Images
Unsplash, which has built a platform for sharing stock photos, is set to be acquired by Getty Images. While the financial terms…
S|W: The SaaS Weekly – Investor revolt
The SaaS Weekly is a weekly newsletter covering major SaaS news from Canada and around the globe. Subscribe to S|W using the…
Second Closet secures $20 million as it shifts focus away from self-storage towards B2B third-party logistics
With new financing, Second Closet is shifting away from consumer self-storage to focus on fulfillment and last-mile logistics…
Reddit sets up first Canadian office in Toronto
Reddit is setting up an office in Toronto, representing the social media giant’s first physical Canadian location. According…
Online car retailer Clutch secures $60 million
Toronto-based AutoTech startup Clutch has raised $60 million in financing to continue with the expansion of its online car…