Chad Bayne Chad Bayne

Tailscale in its acquisition of Border0

On March 17, 2026, Tailscale announced that it acquired Border0. This acquisition will support Tailscale’s goal of building out its privileged access management capabilities. Tailscale is a Toronto-based software company that provides zero-configuration virtual private networks (VPNs) for...

Lead Office: Toronto Date Announced: March 17, 2026 Value: --

Shakudo in its US$7-million financing

On February 17, 2026, Shakudo announced that it had completed a US$7-million financing round, led by Wittington Ventures. The financing will assist with the company’s expansion to the United States and launch of new products. Shakudo offers an end-to-end platform designed to help businesses...

Lead Office: Montreal Date Announced: February 17, 2026 Value: US$7 million

Modem in its closing of US$4.4-million Pre-Seed financing

On February 10, 2026, Modem announced it closed a US$4.4-million Pre-Seed financing round led by Accel, with participation from Inovia Capital and several angel investors. The company plans to utilize the funding to assist developers in shipping faster. Modem is an AI product management...

Lead Office: Toronto Date Announced: February 10, 2026 Value: US$4.4 million

Neo Financial in its $68.5-million equity financing

On February 3, 2026, Neo Financial announced that it secured $68.5 million in an oversubscribed round led by a syndicate of more than 100 Canadian founders, entrepreneurs and institutional investors, including Alberta Investment Management Corporation (AIMCo), Northleaf Capital Partners, Plaza...

Lead Office: Toronto Date Announced: February 3, 2026 Value: $68.5 million

Waabi in its US$1-billion financing

On January 28, 2026, Waabi announced that it secured US$1 billion in financing. This marks one of the largest funding rounds in Canadian tech history to date which consisted of a US$750-million Series C financing co-led by Khosla Ventures and G2 Venture Partners and an additional milestone-based...

Lead Office: Toronto Date Announced: January 28, 2026 Value: US$1 Billion

BioRender in Dimension Capital’s investment at a $900-million valuation

On December 18, 2025, BioRender announced that it facilitated a secondary purchase by Dimension Capital at a $900-million valuation. BioRender is a web-based platform that crafts and shares visually engaging scientific figures for communication and publication purposes. Osler, Hoskin &...

Lead Office: Toronto Date Announced: December 18, 2025 Value: $900 million

Genesys Capital in Enspire DBS Therapy’s $10.3-million Series B1 financing

On January 13, 2026,  Enspire DBS Therapy, Inc. announced that it raised $10.3 million in a Series B1 financing led by Genesys Capital. It also saw participation from existing investors Cleveland Clinic and JobsOhio Ventures. Genesys Capital invests in and builds companies in the...

Lead Office: Toronto Date Announced: January 13, 2026 Value: $10.3 million

Feroot Security in its $14-million Series A financing

On November 19, 2025, Feroot Security announced that it raised $14 million of Series A financing. This round was led by True Ventures and saw participation from Industry Ventures, Preface Ventures and Y Combinator. The funding will be used towards expanding Feroot's AI Agent capabilities, scaling...

Lead Office: Toronto Date Announced: November 19, 2025 Value: $14 million

Wealthsimple in its $750-million Series E round at a post-money valuation of $10 billion

On October 27, 2025, Wealthsimple announced that it has signed a Series E round of up to $750 million at a post-money valuation of $10 billion. The round, which includes both a $550-million primary offering and a secondary offering of up to $200 million, is co-led by Dragoneer Investment Group and...

Lead Office: Toronto Date Announced: October 27, 2025 Value: $750 million

Beacon Software in its US$250-million Series B financing

On November 4, 2025, Beacon Software announced that it secured US$250 million in Series B financing. This round was led by General Catalyst, D1 Capital and Lightspeed Venture Partners and saw participation from BDT & MSD Partners, Chris Rogers (CEO of Instacart) and Sator Grove. With this new...

Lead Office: Toronto Date Announced: November 4, 2025 Value: US$250 million