Meet the Y Combinator Summer 2023 cohort startups with Canadian connections
Participants include Decoda Health, Greenlite, LifestyleRX, Spine AI, Tempo Labs, Terminal, and VaultPay.
Toronto
CiteRight and fellow Canadian legaltech startup Jurisage ink deal to merge
Merger will combine CiteRight’s litigation-drafting platform with Jurisage’s AI tech.
Clay Financial raises $1.7 million CAD to develop its home-equity sharing agreement platform
Clay aims to launch its platform in the Greater Toronto Area later this year.
Former Global Founders Capital partner launches Northside Ventures to back pre-seed Canadian entrepreneurs across North America
Northside has secured $6.25 million USD from Inovia, Intact, Bain, Golden Ventures, and Garage Capital, among others.
FlipGive raises $5 million to expand fundraising platform for youth sports teams
FlipGive launched its embedded cash-back rewards shopping platform in August.
WatchMojo CEO leads Mosea $2.5 million CAD raise to help Canadians split the bill
Mosea helps groups divide expenses and send payments, but makes its money from events.
Conquest Planning partners with CapIntel to bring AI-powered advice to more financial advisors and investors
Two Canadian FinTech startups team up after closing Series A rounds last year.
SearchEye raises $1 million to scale platform that connects brands with content creators
Funding will help SearchEye expand capabilities, like support for audio, video, social media.
OMERS Ventures turnover continues with global head Damien Steel joining Deep Sky as CEO
With significant summer departures, OMERS Ventures’ playbook has changed once again.
Andorix receives $54.3 million CAD in debt, equity for in-building digital infrastructure
Toronto-based startup aims to help systems like HVAC, Wi-Fi, lighting, and elevators work together on one network.
Gambit Partners aims to take some of the risk out of early-stage investing by leaning on its LPs
Led by Relay Ventures and VTS VPs, $2-million VC fund looks to leverage its LP battalion of Canadian tech operators.
Xanadu, Toronto Metropolitan University to develop quantum computing educational program
Students will learn and work with Xanadu’s software framework PennyLane.
PointClickCare launches PatientPay integration to increase payment efficiency in health-care facilities
PointClickCare expands marketplace of integrated solutions with PatientPay.
Ideogram launches with $22.3 million CAD for generative AI text-to-image platform like DALL-E
a16z, Canadian AI expert Raquel Urtasun, Github co-founder Tom Preston-Werner invested.
Elevate, The Firehood reveal first cohort of 37 startups in new incubator for women entrepreneurs
Some participants already backed by The Firehood, such as Ora, Permalution, PragmaClin.