Tag: debt
Brickeye secures $5 million CAD in convertible debt round with participation from BDC and Graphite Ventures
Brickeye provides construction companies with job site monitoring, analytics, and smart automations. Toronto-based Brickeye, a construction-focused internet of things (IoT) and data analytics company,…
Vendasta closes $20-million Series E to fund acquisitions, converts existing debt into equity |
Foundry partner Brad Feld joins board, sees Vendasta as a “natural consolidator” of B2B SaaS firms. After buying four companies in the past two…
Calgary FinTech, Quickly, secures $10 million in equity and debt to help businesses pay promptly
Quickly claims to solve the delayed-payment problem for B2B companies. A Calgary-based FinTech startup that helps small-and-medium-sized businesses (SMBs) unlock capital has secured $10…
Andorix receives $54.3 million CAD in debt, equity for in-building digital infrastructure
The Toronto-based startup aims to help systems like HVAC, Wi-Fi, lighting, and elevators work together on one network. Andorix, a Toronto-based startup that creates…
Cybersecurity startup Field Effect on the hunt for acquisitions following $30-million CAD debt facility from Scotiabank
The average cost of data breaches in Canada rose to $5.64 million in 2022. Led by former cyberspies, Field Effect has secured a…
F|T: The FinTech Times – Backers buy back Clearco’s debt amid SVB Canada windup
Plus: Hutsy takes home two wins at Startupfest. Welcome to the FinTech Times, a weekly newsletter covering the biggest FinTech news from around the…
As Clearco and Wayflyer struggle, Paperstack secures $9 million in equity and debt to fuel pivot into e-commerce lending
Founded as a bookkeeping automation company, Toronto-based FinTech firm Paperstack pivoted into e-commerce lending last year when the economy was beginning to deteriorate. In…
FigBytes secures $14.5 million USD in venture funding and debt
FigBytes’ funding comes as some countries are mandating ESG reporting. Ottawa-based Environmental Social Governance (ESG) insight platform FigBytes has raised $14.5 million USD ($19.8…
Think Research reports increased revenues, debt in Q3
CEO maintains company well positioned to continue revenue growth. The markets remained unimpressed with Think Research’s third-quarter earnings, despite the company reporting an 82…
FreshBooks secures $100 million USD debt facility from BMO, J.P. Morgan
With fresh funds, FreshBooks wants to continue global expansion, strategic acquisitions. Toronto-based accounting SaaS startup FreshBooks has secured a $100 million USD syndicated debt…