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 |
