Vancouver’s Trulioo has raised a total of $70 million in new funding, including $60 million in Series C financing led by Goldman Sachs Growth Equity, with participation from Citi Ventures, and Santander InnoVentures. Existing investors American Express Ventures, Blumberg Capital and BDC Capital also participated in the round. The Vancouver-based global identity verification provider has […]
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WealthBar Partners With Assante Wealth Management to Launch Investment Platform
Vancouver’s WealthBar has partnered with Assante Wealth Management to launch Assante Connect, a new online investing platform specifically designed for clients of Assante financial advisors. Pairing online investing with wealth management advice is a new segment in Canadian financial services. The new partnership illustrates how CI Financial, the parent company of Assante and WealthBar, is […]
Article Named Canada’s Fastest-Growing Company
Canadian Business has published their Growth 500 list – the Complete Ranking of Canada’s Fastest-Growing Companies. These are the 500 fastest-growing companies in Canada, measured by their revenue growth over the last five years. The 2019 list is diverse: they represent a vast array of industries, regions and size. But in one variable they are […]
So Long Self-Funding, Traction on Demand Secures External Investment
Vancouver’s Traction on Demand has secured external funding from major investment firms Guidepost Growth Equity and Salesforce Ventures. Financial terms of the investment were not disclosed. Self-funded since inception in 2007, Traction has become one of North America’s largest dedicated Salesforce services providers and has grown to over 700 employees. ToD has also expanded its […]
Dapper Labs Raises $11 Million and Announces Flow Blockchain
Vancouver’s Dapper Labs today announced $11 million in funding and the development of Flow, a new blockchain built to enable decentralized applications at scale. Dapper Labs is the creator of uber-successful CryptoKitties and upcoming projects such as NBA Top Shot. CryptoKitties is a blockchain game on Ethereum developed by venture studio Axiom Zen that allows players to purchase, […]
Grammarly Latest San Francisco Company to Open Office in Vancouver
Grammarly announced today the opening of a new office in Vancouver. Grammarly’s digital writing assistant uses artificial intelligence and natural language processing to offer grammar checking, spell checking, and plagiarism detection services along with suggestions about writing clarity, concision, vocabulary, delivery style, and tone. 10 year-old Grammarly is headquartered in San Francisco and has offices […]
PayByPhone Sends Over 2 Million Text Messages Per Month
If you’ve parked a car in Vancouver, you’ve heard of PayByPhone. 50% of Metro Vancouver households are taking advantage of the PayByPhone app’s smart features including the ability to pay for parking remotely, receive parking reminders and extend a parking session at any time. Finding a good parking spot is difficult enough without worrying about […]
Forbes Names Traction Guest a Rising Star in the Cloud 100 List
Vancouver’s Traction Guest has been named one of 20 Rising Stars as part of the Forbes 2019 Cloud 100 list of the 100 top private cloud companies in the world. Habitually dominated by Silicon Valley companies, this year’s Rising Stars list includes two Canadian companies, Traction Guest and Mississauga’s PointClickCare. Traction Guest is a cloud-based visitor […]
Central 1 Launches International Transfers for Cross-Border Transactions
In 2016, Statistics Canada estimated that 1.6 million households sent at least $500 internationally to relatives and friends. To date, the options to do so have been limited, expensive – due to poor exchange rates and high fees – and time-consuming. Thanks to Central 1, it’s getting a bit easier to send money to loved […]
Baseball Legend Invests in Vancouver Startup
Vancouver’s Fitplan, a personal training app that connects its members to world-class trainers for their workout plans and, is teaming up with a group of prominent investors: baseball great Alex Rodriguez, VC fund Corazon Capital, and fitness mogul Mark Mastrov. The USD $4.5 million funding round was co-led by Corazon Capital, a VC fund that […]