YouSet founders
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Home and auto insurance marketplace YouSet raises $2.1 million, launches in Ontario

The Montréal startup plants its feet in Ontario in preparation for a nationwide launch. Montréal-based insurance marketplace YouSet has secured $2.1 million in pre-seed…

Continue Reading... Home and auto insurance marketplace YouSet raises $2.1 million, launches in Ontario
MogoTrade
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Market watch: Nuvei, Propel, Payfare, and Mogo

FinTech companies ride out a turbulent market. FinTech companies Nuvei Corporation, Propel Holdings, Payfare Inc., and Mogo Inc. all delivered their second quarter 2022…

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health
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Well Health, Magnet Forensics, Dialogue Health, and Thinkific Labs

Gains and losses aren’t about the verticals, but rather the companies. Gains and losses: We have them both, as a slew of public companies…

Continue Reading... Well Health, Magnet Forensics, Dialogue Health, and Thinkific Labs
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RenoRun lays off 12 percent of staff, pauses geographic expansion amid uncertainty surrounding consumer spending

Montréal-based building material delivery startup RenoRun has laid off around 70 members of its 600-person team, BetaKit has learned, joining a growing list of…

Continue Reading... RenoRun lays off 12 percent of staff, pauses geographic expansion amid uncertainty surrounding consumer spending
Lightspeed payments
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Lightspeed’s revenues increase even as its losses widen in fiscal first quarter for 2023

Lightspeed’s results were better than expected. Although Lightspeed Commerce faced what it characterized as “concerning macro-economic conditions,” the e-commerce company posted gains in its…

Continue Reading... Lightspeed’s revenues increase even as its losses widen in fiscal first quarter for 2023
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Nubik becomes latest Canadian tech firm acquired by Deloitte

Nubik specializes in Salesforce, FinancialForce, and Rootstock Cloud ERP. Continuing its Canadian tech acquisition spree, Deloitte Canada has announced that it is acquiring Montréal-based…

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Canvass Analytics
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Four Canadian companies selected for inaugural CB Insights Advanced Manufacturing 50 list

BenchSci, Vention among Canadian startups in the list. Four Canadian companies have cracked the first edition of CB Insights’ Advanced Manufacturing 50 list, which…

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Montréal-founded QueerTech wants to expand its 2SLGBTQIA+ events across Canada

72 percent of QueerTech’s 7,600-plus members come from outside Montréal. When Naoufel Testaouni moved to Montréal more than a decade ago, immersing himself in…

Continue Reading... Montréal-founded QueerTech wants to expand its 2SLGBTQIA+ events across Canada
BrainBox AI
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BrainBox AI’s Series A round reaches $30 million following EDC top-up

BrainBox AI’s HVAC systems help buildings consume less energy. Montréal-based HVAC tech company BrainBox AI has announced the close of its Series A financing…

Continue Reading... BrainBox AI’s Series A round reaches $30 million following EDC top-up
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Backed by Yoshua Bengio, Ubenwa is using AI to diagnose neurological issues through baby cries

The Mila spinout has raised $3.24 million CAD to launch app for parents. Montréal’s Ubenwa foresees a world where the cries of a newborn…

Continue Reading... Backed by Yoshua Bengio, Ubenwa is using AI to diagnose neurological issues through baby cries