Eighteen months after raising USD $250 Million in the largest growth-stage transaction in Canadian history, Burnaby’s Clio is at it again. This morning Clio announced a new valuation of $2 billion after raising USD $110 million in its Series E. The funding round was led by funds and accounts advised by T. Rowe Price Associates, […]
Search Results for: unicorn
Institutional Investment Round Makes Vancouver’s GeoComply A Unicorn
Vancouver’s GeoComply Solutions announced today that they have received a significant investment from Blackstone Growth and Atairos. GeoComply operates at the center of a new generation of cybersecurity companies, leveraging advanced geolocation data to make better risk-based decisions. Working as a critical piece of the infrastructure for some of the world’s largest tech companies, GeoComply […]
Fintech Unicorn Chime To Employ 100 In Vancouver By End Of 2021
The trend is undeniable. Tech companies hailing from San Francisco are setting up shop in Vancouver to gain access to our strong talent base. This trend shouldn’t surprise anyone. The strongest economic argument in Vancouver’s pitch to Amazon to build their HQ2 was that the city’s tech workers have the “lowest wages of all North […]
As Over-Funded Unicorns Lose Their Shine, Is Bootstrapping Finally Becoming Newsworthy?
Over the past 12 months, we’ve seen the fall from grace of many of the previously celebrated (yet grossly over-funded) unicorns like WeWork, Uber, and Peloton. These companies received far more than their fair share of media coverage over the past decade. Perhaps it’s for this reason that the media is finally turning its focus […]
Ryan Holmes Shares Lessons from a Unicorn at Tech Vancouver
Tech Vancouver helps the city’s technologists expand their knowledge and network in the community. Every month a set of highly curated leaders & innovators come together to share their expertise & experiences through panels and presentations. Next month Tech Vancouver’s topic is “Lessons from a Unicorn” with Ryan Holmes, co-founder of Hootsuite, discussing how to […]
Trulioo Closes Massive Series D Round At $1.75 Billion Valuation
Vancouver-born Trulioo has completed a $394 million Series D round at a massive $1.75 billion valuation, joining the city’s growing stable of unicorns. Trulioo is a global identity network enabling companies to reliably onboard customers in a digital-first world. For Trulioo’s customers, this speeds international expansion, mitigates fraud risk, and ensures regulatory compliance. Over past […]
Connecting The Dots: May 2021
Each month, Kathleen Reid (Founder + Managing Director at Switchboard Public Relations) connects the dots between the trends, headlines and narratives that are informing the BC tech sector. This month, she sheds light on how Launch Academy, entrepreneurship@UBC and Vancouver Startup Week made May a month to remember for the province’s next generation of innovators. […]
Launch Academy Giving Away $100K In Scholarships To Aspiring Entrepreneurs
The past year have been difficult for a lot of people, but in particular for the younger workforce. Launch Academy is stepping up to help out. Ray Walia & Launch Academy are giving away $100,000 worth of scholarships for their online Launch Your Startup program for up to 300 aspiring entrepreneurs who have found themselves […]
Procurify Lands Two Seasoned Tech Executives to Expedite Growth
Vancouver’s Procurify announced today that they have landed two significant hires from Canadian tech unicorn ApplyBoard and Amazon Web Services (AWS). Alicia Bedard, the former Senior Director of Marketing at ApplyBoard, has joined Procurify as the VP Marketing. Manohar Ganesan, former Senior Product Manager at Amazon, has joined as the VP Product and Engineering. Procurify […]
Vancouver-born Thinkific Opens TSX With $1 Billion Valuation
Vancouver’s Thinkific virtually rang the opening bell at the Toronto Stock Exchange (TSX) today to celebrate the company’s first day of public trading. Listed under the ticker symbol “THNC”, Thinkific shares opened at $13.50 and have risen as high as $15.37 today giving Thinkific a market capitalization of $1.18 billion and making it the second […]