Wealthsimple rolls out private equity offering for retail investors
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Wealthsimple rolls out private equity offering for retail investors

PE marks the third alternative investing option Wealthsimple has launched since 2022. Toronto FinTech startup Wealthsimple has launched a new private equity (PE) offering….

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Q4 Inc. CEO confident in 2023 profitability despite continued slow growth
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TSX-listed Q4 Inc. to go private with $257-million buyout by Sumeru Equity Partners

Q4 Inc. to join growing list of recent Canadian tech IPOs to change course. Just over two years after going public on the Toronto…

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Private equity firm Vertu Capital acquires developer platform ActiveState
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Private equity firm Vertu Capital acquires developer platform ActiveState

Vertu closed $300 million CAD for its first private equity fund in March. Toronto-based private equity firm Vertu Capital has acquired Vancouver software company…

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Ten Key Labs secures $10.5 million, launches AI equity management tool for founders
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Ten Key Labs secures $10.5 million, launches AI equity management tool for founders

Extreme Venture Partners, Xtreme Labs alum secures backing from Craft Ventures, Shopify angels, Wave co-founder. Toronto-based software startup Ten Key Labs has announced $10.5…

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Vendasta closes $20-million Series E to fund acquisitions, converts existing debt into equity |
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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…

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Calgary FinTech, Quickly, secures $10 million in equity and debt to help businesses pay promptly
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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…

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Clearco secures new equity financing from existing investors and asset-backed facility as struggling FinTech executes complex recapitalization plan
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Clearco secures new equity financing from existing investors and asset-backed facility as struggling FinTech executes complex recapitalization plan

Inovia, Founders Circle double down on Clearco with debt buyback from SVB, $60-million USD Series D. Toronto-based FinTech startup Clearco has completed a series…

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apartment blocks in toronto in march 2020
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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…

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MindBridge closes $60 million USD from US growth equity firm, appoints interim CEO
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MindBridge closes $60 million USD from US growth equity firm, appoints interim CEO

Ottawa-based artificial intelligence (AI) company MindBridge has raised $60 million USD from Boston growth-stage investment firm PSG Equity to fuel its global growth plans,…

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Vertu Capital closes first private equity fund with over $300 million
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Vertu Capital closes first private equity fund with over $300 million

Led by ex-OMERS veteran Lisa Melchior, Vertu is Canada’s first woman-founded PE firm. Toronto-based private equity firm Vertu Capital has announced the close of…

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