News from BetaKit

RenoRun lays off 43 percent of staff to extend runway as inflation rises and consumer confidence falls

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Josh Scott @ BetaKit · 10/27/2022 12:49 EDT

RenoRun founders: “The business climate we are operating in has fundamentally changed.” Read more ›

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Certn acquires Australian firm InterCheck to bolster suite of background screening solutions

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Charlize Alcaraz @ BetaKit · 10/27/2022 12:05 EDT

Certn also acquired another competitor in the UK in January, Credence. Read more ›

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Workflow SaaS integrator Unito raises $20 million to build more integrations

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Charlize Alcaraz @ BetaKit 3 place · 10/27/2022 11:06 EDT

Unito wants to break into more SaaS categories, starting with support tools. Read more ›

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Cinchy nabs $19.7 million CAD Series B to make data integrations obsolete

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Josh Scott @ BetaKit 1 place · 10/27/2022 07:59 EDT

Forgepoint-backed Cinchy sees room to grow as firms cut costs. Read more ›

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Float quadruples revenue YoY despite increased competition, choppy economy

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Meagan Simpson @ BetaKit · 10/27/2022 06:00 EDT

CEO: “In terms of new entrants, we're clearly the fastest-growing and the largest." Read more ›

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R|T: The Retail Times – Instacart reportedly pulling IPO plans

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Michael Edgar @ BetaKit 3 place · 10/27/2022 05:30 EDT

Plus: Does Shopify have a customer retention problem? Read more ›

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Wealthsimple becomes first regulated Canadian crypto platform to offer staking

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Charlize Alcaraz @ BetaKit · 10/26/2022 15:50 EDT

“We continue to push the boundaries…and have lots more in store.” Read more ›

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WonderFi swaps CEOs, plans hedge against crypto volatility with stock trading and sports betting

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Josh Scott @ BetaKit · 10/26/2022 14:50 EDT

New CEO brings operational experience as WonderFi looks to diversify beyond crypto to find new revenue streams. Read more ›

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Shopify makes investment in Hong Kong startup WATI’s $23 million Series B round

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Charlize Alcaraz @ BetaKit · 10/26/2022 13:34 EDT

WATI represents Shopify’s first investment in a Southeast Asian firm, but not in customer relations. Read more ›

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Québec venture funding faced a perfect storm in Q3 2022

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Isabelle Kirkwood @ BetaKit 2 place · 10/26/2022 06:02 EDT

A flurry of headwinds pummeled Québec’s tech sector into its lowest investment quarter in three years. Read more ›

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Manzil launches “the Halal version of Wealthsimple” for Muslim Canadians

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Josh Scott @ BetaKit 1 place · 10/26/2022 06:00 EDT

Manzil aims to help Muslims balance financial needs and religious requirements. Read more ›

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A|I: The AI Times – Can this Element AI co-founder fix the Internet?

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Michael Edgar @ BetaKit 2 place · 10/26/2022 05:30 EDT

Plus: Google in talks to invest $200 million into Cohere. Read more ›

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Graphite Ventures appoints Omi Velasco as principal to lead Western Canada deals

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Charlize Alcaraz @ BetaKit · 10/25/2022 10:58 EDT

Graphite now has local investment team members in Calgary, Waterloo, Ottawa, and Toronto. Read more ›

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Waterloo Region venture deal volume continued to slump in Q3 2022

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Isabelle Kirkwood @ BetaKit 2 place · 10/25/2022 06:02 EDT

Early-stage deals were nowhere to be found. So what comes next? Read more ›

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S|W: The SaaS Weekly – Microsoft makes more—quiet—staff cuts

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Michael Edgar @ BetaKit 3 place · 10/25/2022 05:30 EDT

Plus: BetaKit takes over SAAS NORTH stage in November. Read more ›

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Lightspeed promotes CRO JD St-Martin to president as leadership overhaul continues

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Charlize Alcaraz @ BetaKit · 10/24/2022 15:49 EDT

JD St-Martin joined Lightspeed in 2019 through its acquisition of Chronogolf. Read more ›

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Nolk raises $30 million, acquires home goods brands Ergonofis, Opposite Wall

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Charlize Alcaraz @ BetaKit · 10/24/2022 14:25 EDT

Nolk intends to use the capital for more acquisitions. Read more ›

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VCCI fund managers chosen for latest, $350 million injection of federal capital

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Meagan Simpson @ BetaKit · 10/24/2022 13:35 EDT

Four funds are: HarbourVest Partners, Teralys Capital, Kensington Capital Partners, Northleaf Capital. Read more ›

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Visier acquires assets of skills intelligence startup Boostrs

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Meagan Simpson @ BetaKit · 10/24/2022 08:59 EDT

Visier’s foray into M&A comes one year after it raised $154 million from Goldman Sachs. Read more ›

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Toronto venture funding plunged to a near two-year low in third quarter of 2022

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Isabelle Kirkwood @ BetaKit · 10/24/2022 06:02 EDT

Amid uncertain climate, investors favour tending existing crops over sowing new seeds. Read more ›

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