Canadian Financings

Version One quarterly news and COVID-19 response

This has been the longest quarter ever. Early January seems like an eternity ago. Countries, communities and households have been turned upside down.  This time of year, we normally provide a portfolio update that highlights the various product launches, accolades and funding announcements from th ...

Lightspeed sees record uptake amid COVID-19 despite concerns over reduced demand

Montreal-based Lightspeed POS has released its financial results for the fiscal fourth quarter and full fiscal year, both ending March 31, 2020. All figures reported are in US dollars. Lightspeed’s total revenue grew 70 percent to $36.3 million in Q4 and grew 56 percent to $120.6 million in the f ...

S|W: The SaaS Weekly – Thrown for a loop

The SaaS Weekly is a weekly newsletter covering major SaaS news from Canada and around the globe. Subscribe to S|W using the form at the bottom of this page to ensure you don’t miss out on the most important SaaS news every week! BROUGHT TO YOU BY SAGE INTACCT: Facedrive looks to acquire Food ...

Nuclear medicine startup ARTMS Products raises $26.4 million CAD Series A

Vancouver-based startup ARTMS Products, which produces medical isotopes, has raised a $26.4 million CAD ($19 million USD) Series A funding round. This round brings the company’s total funding to more than $30 million CAD ($26 million USD). “This funding gives us the financial flexibility to… ...

Following layoffs, Sensibill secures $5 million in debt financing

Many Canadian startups have faced challenges of late due to the economic impacts of COVID-19. Receipt management app Sensibill is one such startup, dealing with both restructuring and growth opportunities during the pandemic. Sensbill acknowledged that the restructuring plan was made “in the wake ...

S|W: The SaaS Weekly – Shopify goes remote

The SaaS Weekly is a weekly newsletter covering major SaaS news from Canada and around the globe. Subscribe to S|W using the form at the bottom of this page to ensure you don’t miss out on the most important SaaS news every week! BROUGHT TO YOU BY SAGE INTACCT: Shopify moving “vast majority ...

Canadian startup news of the week (5/24/20)

Welcome to BetaKit’s startup stories of the week! Here, you will find the week’s most important news, features, and editorials published on BetaKit. If you prefer this update hit your inbox every week, make sure to subscribe to the BetaKit Newsletter using the form at the bottom of this page. T ...

Emerge Commerce looking to go public on TSXV via reverse takeover

Toronto-based e-commerce startup Emerge Commerce has announced plans to go public on the TSX Venture Exchange (TSXV) following a planned acquisition of Aumento, a public capital pool company. “We prefer profitable, steady growth, rather than ‘growth at all costs’, as unsexy as that may sound. ...

Koho partnering with Hyr to offer early access to paycheques and government support

FinTech startup Koho is partnering with staffing startup Hyr, which provides in-app staffing solutions to employers, to give Hyr users early access to their paycheque and government payments at no cost to the user. “We’re glad to be able to provide Hyr users with the buffer they may need… in ...

F|T: The FinTech Times – Shopify strikes a balance

Welcome to the FinTech Times, a weekly newsletter covering the biggest FinTech news from around the globe. If you want to read F|T before anyone else, make sure to subscribe using the form at the bottom of this page. BROUGHT TO YOU BY SAGE INTACCT: Following layoffs, Sensibill secures $5 millio ...