B2B startups across Canada are well-represented in today’s funding roundup. Here’s the latest on who raised how much, and from whom, in Canada.
Jobber raises $8 million Series A
Jobber, a cloud-based software provider that helps businesses get organized with mobile apps, online scheduling, and customer management, has raised an $8 million Series A in round led by OMERS Ventures.
The round will allow Jobber to commercialize its product offering and enhance its apps. Interestingly, Jobber—which is Alberta-based—is OMERS Ventures’ first VC investment in the province.
“Jobber has developed an impressive workflow management solution to solve critical challenges faced by many businesses today – challenges that often result in significant productivity and revenue loss,” said Jim Orlando, managing director of OMERS Ventures. “We believe Jobber’s platform has the ability to add tremendous value and opportunity for companies in the home and mobile service market. We are thrilled to grow our portfolio geographically, in an area ripe with talented and innovative technology companies.”
wantoo closes $500,000 seed round
wantoo, a Vancouver-based startup that lets companies build communities of customers to determine new product ideas with feedback, announced a $500,000 seed round. The funding will be used to fuel expansion across the United States and Canada.
“People can come up with good product ideas on their own, but great ideas emerge from conversations with customers,” founder Michael Tippett told BC Technology Review. “Right now, customers are talking on social media, but wantoo wants to turn the chatter into actionable product priorities for organizations.”
Pyrowave secures $790,000 in financing
Mississauga-based Pyrowave, which has developed a technology using small-scale, microwave-based machines meant to improve the economics of recycling, has secured $790,000 in financing.
The funding was led by The GreenSky Accelerator Fund, alongside members of the GreenSky President’s Club, an affiliated network of high-net worth angel investors. Pyrowave’s machines work by converting plastic input into high value chemicals; companies can then sell the recycled output to large chemical companies, and reduce costs by decreasing hauling of light waste material.
The Better Software Company announces additional $1.35 million in seed round funding
The Better Software Company, an Ottawa-based software-as-a-service (SaaS) company for small businesses and a recent graduate from the L-SPARK Accelerator program, announced $1.35 million in funding led by US-based ff Venture Capital, with participation by Mistral Venture Partners and additional local angel investors.
The $1.35 million brings The Better Software Company’s total seed round funding to $2.1 million. “With the additional financing, we are really excited to get to work and create even better business software tools for our customers,” said Steve Cody, founder and CEO of The Better Software Company.