1Password acquires Texas-based Passage to fuel push into passkeys
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1Password only Canadian company to crack Bessemer, Salesforce Ventures’ 2023 Cloud 100 list

OpenAI takes number one spot in list of top 100 private cloud firms. Toronto-based 1Password is the only Canadian startup featured in this year’s…

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Cohere co founders
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Cohere is the highest ranking Canadian startup on Bessemer’s top 100 deeptech companies

Deep technology companies are building solutions that ‘were science fiction in the past,’ Bessemer says. Toronto-based Cohere is the highest-ranking Canadian startup in Bessemer…

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EvenUp
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EvenUp raises $50.5 million in Clio-backed round for AI that turns raw files into legal documents for personal injury lawyers

Bessemer led the round with participation from Bain Capital, Behance founder, among others. EvenUp, a startup established by three founders who finished their studies…

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A|I: The AI Times – At I/O, Google makes up for lost time
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A|I: The AI Times – At I/O, Google makes up for lost time

Plus: Bessemer and SoftBank bet big on AI. The AI Times is a weekly newsletter covering the biggest AI, machine learning, big data, and…

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SAAS NORTH panel on VC and funding market 2022
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Bessemer, Georgian, OMERS VCs discuss the state of the market

The next four to six months will be the hardest for startups to raise in. Two pods ago, OMERS Ventures partner Laura Lenz said…

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Xanadu
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Xanadu closes $100 million USD Series C as quantum computing firm becomes Canada’s latest unicorn

Xanadu wants to bring the first commercially available quantum computers to market. Quantum computing company Xanadu has announced the closing of a $100 million…

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

Unito wants to break into more SaaS categories, starting with support tools. Montréal-based Unito, which offers a workflow management software, has announced the closing…

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Shopify mobile app
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Plobal Apps raises $8.5 million in Bessemer-led round to scale mobile ecommerce app for Shopify merchants

With $14 million in total funding, Plobal wants to go global. Toronto-based startup Plobal Apps has raised $8.5 million in what it classifies as…

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Legaltech unicorn Clio now also a centaur after hitting $100 million USD in ARR milestone
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Legaltech unicorn Clio now also a centaur after hitting $100 million USD in ARR milestone

Amid glut of unicorns, Bessemer calls centaur status “true mark of an exceptional SaaS startup.” Weeks after Bessemer Venture Partners told the market that…

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