Tag: hail

RenoRun lays off 12 percent of staff, pauses geographic expansion amid uncertainty surrounding consumer spending
Posted in General

S|W: The SaaS Weekly – RenoRun’s “Hail Mary” deals fail to save it from creditor protection

 Author: George Holt  Published Date: April 6, 2023

Plus: 2023 Federal budget focuses on cleantech. The SaaS Weekly is a weekly newsletter covering major SaaS news from Canada and around the globe….

Continue Reading S|W: The SaaS Weekly – RenoRun’s “Hail Mary” deals fail to save it from creditor protection
RenoRun lays off 12 percent of staff, pauses geographic expansion amid uncertainty surrounding consumer spending
Posted in General

RenoRun files for creditor protection after failed pursuit of “hail mary” deals to save company from insolvency

 Author: George Holt  Published Date: March 28, 2023

The filling follows four attempts to raise bridge financing and multiple rounds of layoffs. Montréal-based RenoRun has filed for creditor protection as the struggling…

Continue Reading RenoRun files for creditor protection after failed pursuit of “hail mary” deals to save company from insolvency