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Canada's moment to build is now. Read BetaKit Most Ambitious 2026.
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Charlize Alcaraz

Charlize Alcaraz

Charlize Alcaraz is a staff writer for BetaKit.

Acquisitions

Influitive acquires PostBeyond to expand customer advocacy platform to employees

Dec 10, 2021

Influitive has acquired fellow Toronto-based PostBeyond, a SaaS company focused on employee advocacy and social selling. The…

magnet forensics
Markets

Execs, investors sell $74.4 million in Magnet Forensics shares

Dec 9, 2021

The selling shareholders received combined gross proceeds of $74.4 million.

Sleepout curtains on a nightstand by a bed
Funding

Sleep Country acquires 25 percent stake in blackout curtains manufacturer Sleepout

Dec 9, 2021

Major Canadian sleep retailer Sleep Country has signed an agreement to purchase a 25 percent stake in Sleepout, a Toronto-based…

Funding

Shabodi secures $3.3 million to accelerate deployment of next-generation 5G solutions

Dec 9, 2021

Toronto-based Shabodi has raised $3.17 million USD in what it classifies as an oversubscribed seed round led by Blumberg Capital,…

Close-up shot of the Hyperfighter motorcycle from Damon Motors
Funding

Damon Motors secures $37.9 million CAD for its AI-backed electric motorcycles

Dec 8, 2021

Damon Motors has raised $37.9 million CAD ($30 million USD) in a Series B funding round led by House of Lithium and other undisclosed…

Funding

Former Shopify employees raise $8.5 million from Sequoia, Bessemer for new developer productivity startup Gadget

Dec 8, 2021

Ottawa-based Gadget has raised $8.5 million in a funding round led by Sequoia Capital and Bessemer Venture Partners. The financing…

Funding

Just Boardrooms raises $3 million, launches marketplace for in-person meeting spaces

Dec 3, 2021

Toronto-based Just Boardrooms has raised $3 million CAD from a group of angel investors as the company launched its online…

Bidmii with Scott McGillivray

Bidmii secures $1 million round led by Scott McGillivray to scale home renovation marketplace

Dec 3, 2021

Toronto-based proptech startup Bidmii has raised $1 million in pre-seed funding. Canadian entrepreneur, investor, and HGTV…

InBC appoints former FrontFundr, Female Funders exec Jill Earthy as CEO

Dec 2, 2021

Long-time entrepreneur Jill Earthy has been appointed as the first chief executive officer for the newly-formed InBC, a crown…

Signing deal
Acquisitions

Arteria AI pens deal to acquire assets of H4

Dec 2, 2021

Toronto-based Arteria AI is set to acquire certain assets of H4, a London, England-based company. As part of the agreement,…

Staffbase founders sitting together
Acquisitions

Staffbase acquires Valo Solutions to extend communications solution to Microsoft 365

Dec 1, 2021

Corporate communications company Staffbase has acquired Finland-based Valo Solutions for an undisclosed amount. Founded in…

Coveo after IPO launch
Markets

Coveo closes over-allotment option, raises additional $32 million as part of IPO

Dec 1, 2021

Québec City-based Coveo has closed its over-allotment option, pulling in another $32 million from its Toronto Stock Exchange…

Markets

mCloud raises $12.1 million CAD in Nasdaq uplisting

Dec 1, 2021

mCloud Technologies Corp. has raised $12.1 million CAD ($9.5 million USD) from its public offering on Nasdaq, selling 2.1 million…

Funding

Alida secures additional $3 million from BMO Capital to accelerate growth strategy

Dec 1, 2021

Customer experience management company Alida secured an additional $3 million for its Series D round from BMO Capital, bringing…

Funding

Volta Cohort program gives five early-stage Atlantic-Canadian startups $25,000 each

Nov 29, 2021

Halifax-based innovation hub Volta has announced that five early-stage Atlantic-Canadian startups will join its fall 2021 cohort…

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