23 Canadian Startups Raise Combined $31 Million in February

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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

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