Vector Institute taps seasoned executive Tony Gaffney to lead AI hub for next five years
The former CEO of Aon Hewitt Canada steps in after inaugural president steps down.
Toronto
Thomson Reuters closes acquisition of US tax software company SurePrep for $500 million
Deal marks latest in series of AI-focused acquisitions made by Thomson Reuters.
Vector Health Labs acquires AI-driven mental health tech startup Get A-Head
The deal was valued at $17 million.
CEO of Briza steps down as insurtech startup cuts close to half of its staff
Briza’s leadership includes FreshBooks founder Mike McDerment and former director of engineering Rishi Sharma.
AlayaCare co-founder launches venture fund Storytime Capital with $15 million
The VC wants to invest in founders that aim to change the landscape of work.
Subsidiaries of FinTech startup Lendified face creditors over unpaid loans
Creditors move to seize Lendified assets after company defaults over some $6.6 million.
Layoffs persist at Canadian tech companies amid bleak outlook for 2023
FreshBooks, Thinkific, Revelate, Bridgit among latest firms to cut staff amid downturn.
KeyOps secures $4 million CAD to connect pharma sales, marketing staff with physicians
Healthtech startup to use funds for North American expansion.
AltaML, Waabi, TrojAI among Vector Institute’s 20 Canadian AI startups to watch for 2023
The list was narrowed down from 150 startups.
Walnut Insurance secures $4 million CAD to help FinTechs deliver embedded insurance programs
Walnut has partnered with Neo Financial, Nuula to launch their insurance products.
Frate secures $2 million CAD to make e-commerce returns sustainable, cost-effective
“We turn customers’ houses into warehouses, and also fulfillment centers.”
The Upside Foundation appoints Juanita Lee-Garcia as new executive director
The Venture for Canada alum takes reins at “pivotal time” for Upside.
Shabodi closes $14 million CAD Series A to simplify 5G for developers
Shabodi aims to be to 5G what Stripe is to payment integrations.
Plooto closes $27 million CAD Series B to help SMBs manage cash flow
Plooto plans to double down on product-led growth strategy.
AI-driven investment startup Delphia acquires Fathom Privacy to increase transparency with user data
Users pool their data together through Delphia with the goal to improve investment strategies.