Canada Technology

Benevity reports over $140 million donated through its platform this Giving Tuesday

Calgary company sees dip in total donations, but rise in volunteering compared to 2023. Calgary’s Benevity saw over $140 million donated to more than 56,000 nonprofits across 122 countries and territories through its platform on Giving Tuesday this Dec. 3. The corporate social impact software firm reported 148,000 individuals and 637 companies participated this […]

Canada Technology

Why Sampler failed, according to its founder

Marie Chevrier Schwartz explains how her company lost product-market fit after a decade in business. Could this happen to my company? That was surely one of the questions running through the minds of the assembled tech leaders and founders attending the tell-all fireside chat between Sampler founder and former CEO Marie Chevrier Schwartz and […]

Canada Technology

Following Québec launch, NotaryPro brings notarization services to Staples Canada

Startup claims it can provide document notarization in just seven minutes. Oshawa, Ont.-based legaltech software startup NotaryPro has partnered with Staples Canada to bring its notarization services to the office supply retail company’s website and stores. The partnership will allow Canadian individuals and businesses to complete online notarization using NotaryPro’s software. On Nov. 18, […]

Canada Technology

Founders of Sysomos, Aislelabs find traction bringing their AI research to AEC

Workorb secures $2.6 million CAD to advance AI in architecture, engineering, construction sectors. Toronto-based artificial intelligence (AI) startup Workorb has closed $2.6 million CAD in seed financing to advance its automation product for the architecture, engineering, and construction (AEC) industry. The round, which consisted of SAFE agreements that closed over the summer, was led […]

Canada Technology

Flinks co-founders trade open banking for open utility with new startup Deck

Latest API endeavour garners $6.2 million CAD in funding from Golden, Luge, & Better Tomorrow Ventures. The founders behind FinTech-focused Flinks are back with another startup—but instead of financial data, they’re connecting businesses with utility data to track energy consumption. Repeat founders Yves-Gabriel Leboeuf and Frédérick Lavoie have raised $4.5 million USD ($6.2 million […]

Canada Technology

atVenu secures $130 million USD to fuel expansion into new live events markets

Sole investor Sixth Street Growth also participated in Clio’s $1.24-billion CAD Series F round earlier this year. Calgary and California-based live events e-commerce startup atVenu has closed $130 million USD ($178.6 million CAD) in equity financing from San Francisco-based Sixth Street Growth. Michael McGinn, partner and co-head of Sixth Street Growth, told Fortune the […]

Canada Technology

Motion closes $30-million USD Series B in bid to become “command centre for creative strategists”

Inovia-backed startup’s software enables creative strategists to turn data into ad ideas. Toronto-based advertising technology startup Motionwhich sells analytics and research tools for creative strategists, has secured $30 million USD in Series B funding. Founded in 2021 by a trio of Hubba and Shoelace alumni in CEO Reza Khadjavi, CTO Alexander Sloan, and head […]

Canada Technology

IoT disaster restoration tech startup Kahi raises $2.3 million led by BDC Capital Seed Venture Fund

Spun out of a subcontracting company, Kahi raised $2.3 million CAD led by BDC Capital Seed Venture Fund. After a disaster like a hurricane, flood, or fire ravages a building, someone’s gotta clean it up. That’s why insurance companies bring in a disaster restoration subcontractor, who use professional-grade climate control equipment like dehumidifiers, heaters, […]

Canada Technology

FansUnite sells American subsidiary back to co-founders, delists from TSX

FansUnite said it expects to retain approximately $500,000 CAD to “explore new business opportunities.” Vancouver-based sports betting tech company FansUnite Entertainment has sold FansUS,  its United States (US)-based subsidiary, back to its co-founders. The sale includes the operations of online gambling support company Betting Hero. As a result, FansUnite has delisted from the Toronto […]

Canada Technology

Andgo Systems, Conexus among recipients of Saskatchewan-focused PrairiesCan funding

Economic development agency dispenses $6.3 million across nine startups and ecosystem programs. Prairies Economic Development Canada (PrairiesCan) has invested $6.3 million across nine Saskatchewan ecosystem projects and businesses. The capital distribution comes in the form of large, repayable sums going to “high-growth businesses” such as Andgo Systems to help with scale-up, while smaller, non-repayable […]