How did Canadian startups fare in the funding scene last month?
To find out, we combed through Index.co data to take a closer look at Canada’s angel and venture capital activity.
In February, 23 startups raised more than $30 million USD combined, including Mobify and Borrowell.
In January, 22 Canadian tech startups disclosed a total of US $190 million in venture capital funding, including Zymeworks and Lendful. In December 2015, 18 Canadian technology startups disclosed a total of USD $125 million, including Trulioo and Eventbase. In November, 19 Canadian technology startups disclosed a total of USD $92 million. In October, 22 startups disclosed a total of USD $168 million.
Company |
City |
Amount (USD) |
Blockstream |
Montréal |
$55,000,000.00 |
Mobify |
Vancouver |
$10,000,000.00 |
Jobillico |
Québec |
$8,000,000.00 |
Borrowell |
Toronto |
$6,400,000.00 |
Foodee |
Vancouver |
$6,000,000.00 |
salesfloor |
Montréal |
$3,000,000.00 |
salesfloor |
Montréal |
$3,000,000.00 |
Statflo |
Toronto |
$2,400,000.00 |
wrnch |
|
$1,800,000.00 |
Hyas Inc. |
Nanaimo |
$1,500,000.00 |
Sharethebus |
Montreal |
$1,500,000.00 |
INSTANT Financial |
Vancouver |
$1,200,000.00 |
buddybuild |
Vancouver |
$1,200,000.00 |
Agreement Express |
Vancouver |
$1,000,000.00 |
volta labs |
Halifax |
$500,000.00 |
DeepMarkit Corp. |
Calgary |
$500,000.00 |
Obsidian Solutions |
Toronto |
$500,000.00 |
Clean Simple |
Halifax |
$400,000.00 |
volta labs |
Halifax |
$360,000.00 |
Sustane Technologies |
Chester |
$162,000.00 |
Glancd |
Toronto |
$120,000.00 |
semiosBIO |
Vancouver |
$114,710.00 |
Devlos Software |
Mississauga |
$114,000.00 |