Ali-Asaria-Tulip
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After 10 years leading Tulip, Ali Asaria steps down as CEO

Tulip COO and president Ian Rawlins to replace Asaria. Ali Asaria, who has been at the helm of Kitchener-Waterloo-based retail startup Tulip since its…

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BlackBerry building
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S|W: The SaaS Weekly – BlackBerry names new CEO, ditches spinout IPO plans

Plus: Vistara Growth Fund V sets target on enterprise software companies. The SaaS Weekly is a weekly newsletter covering major SaaS news from Canada…

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John Raeder
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How John Raeder would use his $600 million growth fund to scale your startup

Founders need to “deconstruct” their operating playbooks to rebuild a stronger system. After successfully operating businesses through both the dot-com bust and the 2008…

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Wave alumni launch digital ID verification platform Confirm
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Wave alumni launch digital ID verification platform Confirm

Kirk Simpson and Peter Carrescia raised $6.5 million to launch company in August 2022. Toronto-based identity verification Confirm officially launched its identity verification product…

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Y Combinator graduate Terminal closes $4.2-million CAD seed round
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Y Combinator graduate Terminal closes $4.2-million CAD seed round

Terminal aims to be the Plaid for telematics data in commercial trucking. Toronto-based Terminal, a trucking telematics integrations startup, has closed a $3.1-million USD…

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Vistara Growth secures $200-million CAD initial close for fifth private credit fund
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Vistara Growth secures $200-million CAD initial close for fifth private credit fund

Vistara sees opportunity post-SVB as traditional lenders and VCs pull back. Vancouver-based Vistara Growth has raised over $200 million CAD for its latest technology-focused…

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ContactMonkey team
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S|W: The SaaS Weekly – Why did SaaS VC stalwart OpenView shut down?

Plus: ContactMonkey secures $55-million Series A. The SaaS Weekly is a weekly newsletter covering major SaaS news from Canada and around the globe. Subscribe…

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Durable
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Durable raises $18 million CAD as it looks to help service-based businesses run on autopilot

Startup claims six million sites have been built with the platform in its first year. One month after soft-launching its artificial intelligence (AI)-powered website…

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OpenView Venture Partners
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What happened to OpenView and will Canada see zombie funds?

The sudden demise of Boston’s stalwart SaaS fund might be a sign of things to come. The tech world was shocked this week when…

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ContactMonkey team
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ContactMonkey raises $55-million Series A from Updata Partners

Toronto startup claims it is profitable and has grown 330 percent in the past three years. Toronto-based email communications startup ContactMonkey has secured $55…

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