News from BetaKit

AI startup Ada cuts 16 percent of its workforce

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Charles Mandel @ BetaKit · 09/21/2022 13:07 EDT

CEO cites tightening economy as Ada cuts 78 positions. Read more ›

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Real Ventures swaps managing partners as firm pauses fundraising

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Josh Scott @ BetaKit 2 place · 09/21/2022 12:27 EDT

Co-founder John Stokes takes helm as Janet Bannister transitions to partner. Read more ›

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With new Thrive platform, BDC commits half a billion dollars to invest in Canadian women-led startups and funds

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Josh Scott @ BetaKit 2 place · 09/21/2022 10:44 EDT

BDC Capital’s Women in Technology Venture Fund team has its second fund, lots more capital, and an expanded mandate. Read more ›

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RBCx and RBC Ventures merge

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Charles Mandel @ BetaKit 2 place · 09/21/2022 08:00 EDT

New entity will support founders across banking, capital, platform, and ventures. Read more ›

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Following record growth amid downturn, FrontFundr launches its own fundraising campaign on FrontFundr

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Josh Scott @ BetaKit · 09/21/2022 06:00 EDT

FrontFundr has helped startups close $140 million across 100 campaigns. Read more ›

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A|I: The AI Times – Exploring the city Google couldn’t buy

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Michael Edgar @ BetaKit 3 place · 09/21/2022 05:30 EDT

Plus: Protein industries secures $30 million, launches AI-focused co-investment program. Read more ›

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New research surveys competitive intensity in Canada’s banking and payments sector

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Douglas Soltys @ BetaKit · 09/21/2022 05:00 EDT

The task of Canada’s financial regulators is not enviable - but not impossible. Read more ›

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DealMaker takes over FundAmerica book of business from Prime Trust

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Meagan Simpson @ BetaKit · 09/20/2022 12:47 EDT

DealMaker CEO says deal doubles its client base. Read more ›

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PolicyMe reveals $18 million in Series A financing to tackle Canadian insurance market

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Josh Scott @ BetaKit 2 place · 09/20/2022 05:59 EDT

Toronto-based insurtech startup PolicyMe wants to make it easier for Canadians to access not just affordable life insurance, but other types of insurance, online. PolicyMe got its start as a life insurance broker, tackling the issue of distribution with the initial launch of its coverage calculator and price comparison platform. In March 2021, the startup launched its own fully-underwritten digital term life insurance product in partnership with Canadian Premier Life... Read more ›

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S|W: The SaaS Weekly – Adobe has $20 billion designs on Figma

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Michael Edgar @ BetaKit 1 place · 09/20/2022 05:30 EDT

Plus: Google to face $25 billion lawsuit. Read more ›

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Right-wing video site Rumble begins trading on Nasdaq via SPAC deal

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Charlize Alcaraz @ BetaKit 3 place · 09/19/2022 17:36 EDT

The Toronto video-sharing platform attracts an audience of mostly right-leaning viewers. Read more ›

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Andgo Systems raises $5.6 million to make employee absence management easier

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Charlize Alcaraz @ BetaKit 2 place · 09/19/2022 16:34 EDT

Andgo said it has added new major healthcare organizations as customers. Read more ›

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BC Tech Association reveals four finalists for 2022 startup award

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Charlize Alcaraz @ BetaKit · 09/19/2022 15:48 EDT

Final winner will be named on Oct 6th at the Technology Impact Awards gala. Read more ›

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Important financial metrics every early-stage founder should know

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Stefan Palios @ BetaKit · 09/19/2022 07:30 EDT

Get a grip on your metrics and don’t be afraid to outsource. Read more ›

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With backing from celebrity investors and mortgage lenders, Verifast wants to improve identity, financial verification

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Meagan Simpson @ BetaKit · 09/19/2022 06:00 EDT

Verifast recently closed a $3.5 million seed round. Read more ›

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F|T: The FinTech Times – Who is Changpeng Zhao, Canada’s crypto king?

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Michael Edgar @ BetaKit · 09/19/2022 05:30 EDT

Plus: Bolt's $1.5 billion deal to buy Wyre dies. Read more ›

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Canadian startup news of the week (9/18/22)

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Michael Edgar @ BetaKit · 09/19/2022 05:00 EDT

Plus: Shopify looks to recruit, retain talent with new employee comp. Read more ›

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Three companies actively hiring right now

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Raj Dhaliwal @ BetaKit · 09/18/2022 18:04 EDT

Personify, Aquila, and PC Financial are hiring right now. Read more ›

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Exploring the city Google couldn’t buy

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Douglas Soltys @ BetaKit 1 place · 09/16/2022 17:30 EDT

Josh O'Kane's new book unpacks the local boondoggle that captured the world's attention. Read more ›

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Composer secures $6 million to help retail investors adopt sophisticated trading strategies

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Josh Scott @ BetaKit 1 place · 09/16/2022 13:10 EDT

Despite market downturn, Composer has seen trading volume, AUM grow. Read more ›

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