PolicyMe reveals $18 million in Series A financing to tackle Canadian insurance market
Backed by industry players, PolicyMe aims to expand beyond selling just life insurance and D2C.
Toronto
Right-wing video site Rumble begins trading on Nasdaq via SPAC deal
The Toronto video-sharing platform attracts an audience of mostly right-leaning viewers.
With backing from celebrity investors and mortgage lenders, Verifast wants to improve identity, financial verification
Verifast recently closed a $3.5 million seed round.
Exploring the city Google couldn’t buy
Josh O’Kane’s new book unpacks the Toronto boondoggle that captured the world’s attention.
Composer secures $6 million USD to help retail investors adopt sophisticated trading strategies
Despite market downturn, Composer has seen trading volume, AUM grow.
GrowerIQ closes $3 million seed round to help cannabis producers stay compliant
Cannabis ERP platform sees room to help growers meet “high” regulatory burden.
Panache closes $100 million for second fund as firm doubles down on seed-stage startups
Early-stage firm says there’s a “good possibility” Fund II will grow.
Led by ex-Vidyard employees, HyperComply wants to get rid of security questionnaires
After closing $6.4 million USD in January, HyperComply launched a product to automate due diligence.
Meet the five Canadian startups participating in Y Combinator’s Summer 2022 Demo Day
Smallest #CDNtech group since Winter 2019 features four Toronto companies and one from Edmonton.
FreshBooks appoints Wayne Jackson as CFO to support global expansion, M&A plans
FreshBooks aims to tap Jackson’s acquisition and public markets experience.
Telus acquires TSX-listed HR tech firm LifeWorks for $2.3 billion CAD
Telus acquires LifeWorks to bolster its employee wellness solutions.
WonderFi to acquire Blockchain Foundry in all-stock deal
WonderFi continues acquisition spree of Canadian crypto companies.
Ripple Ventures promotes Dominic Lau to partner as it preps for next fund
Ripple’s first hire, Lau founded firm’s startup and investor fellowship program.
Thoughtwire, Finaeo make staff cuts as Canadian tech continues to face economic headwinds
Both companies are staying mum on the number of employees cut.
Essential Accessibility merges with Level Access to combine accessibility solutions
The combined firm will be based in the US, retaining offices in Toronto and Argentina.