Justin Dharamdial Justin Dharamdial

Tulip in its strategic merger with Salesfloor

On March 24, 2026, Tulip announced it had entered a strategic merger with Salesfloor, a customer engagement platform, to form a combined company under the Tulip brand and establishing a global provider of AI-powered, human-centric customer engagement solutions for the retail industry. With this...

Lead Office: Toronto Date Announced: March 24, 2026 Value: --

HyperYou in its acquisition by Motorola Solutions

On April 9, 2026, HyperYou announced it had been acquired by Motorola Solutions. With this acquisition, Motorola will expand its use of agentic AI across its Command Center portfolio, as well as roll out additional specialized AI agents that understand the context of 911 calls, radio traffic and...

Lead Office: Toronto Date Announced: April 9, 2026 Value: --

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

Accion in connection with Solfium securing US$7-million Series A financing

On November 5, 2025, Solfium announced that it closed US$7 million of its US$10-million of Series A financing. This investment was led by Accion and ALIVE Ventures and saw participation from Kamay Ventures. Accion is a global nonprofit organization. Solfium is a solar energy company....

Lead Office: Toronto Date Announced: November 5, 2025 Value: US$7 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

Felix Health in its $53-million growth financing

On October 23, 2025, Felix Health announced that it secured $53 million of growth financing from the Canadian Business Growth Fund (CBGF) and other existing investors. The capital will be used towards the growth of personalized health options for Canadians. Felix Health Inc. is a patient-driven...

Lead Office: Toronto Date Announced: October 23, 2025 Value: $53 million

Wealthsimple in connection with Tetra Trust’s $10-million financing

On September 8, 2025, Tetra Trust announced that its new parent company, Tetra Digital Group, closed $10 million in funding with investors including Wealthsimple, Shopify, National Bank, ATB Financial, Purpose Unlimited and Shakepay. Tetra Trust will use the new capital to launch a Canadian-dollar...

Lead Office: Toronto Date Announced: September 8, 2025 Value: $10 million

HyperComply in its acquisition by SecurityScorecard

On September 15, 2025, SecurityScorecard announced it had acquired HyperComply. This acquisition will empower using artificial intelligence driven automation for supply chain management. HyperComply is a Toronto-based software company that develops AI and automated security questionnaires for...

Lead Office: Toronto Date Announced: September 15, 2025 Value: --

Blue J in its raising of US$122-million Series D financing

On August 4, 2025, Blue J announced it raised US$122 million Series D financing in a round led by Oak HC/FT and Sapphire Ventures and saw participation from Intrepid Growth Partners and previous investors Ten Coves Capital and CPA.com. It is noted that Blue J doubled its revenue and customer...

Lead Office: Toronto Date Announced: August 4, 2025 Value: US$122 million

ReadyWhen Tech (GoVeyance) in strategic investment by Teranet

On April 15, 2025, Teranet, a portfolio company of OMERS Infrastructure, announced its strategic investment in ReadyWhen Tech Inc., the developer of GoVeyance. This partnership underscores both companies’ shared commitment to delivering leading-edge technology that enhance real estate...

Lead Office: Vancouver Date Announced: April 15, 2025 Value: --