Category Archives: C100

🇨🇦 Return to IRL | Community Events in the Bay Area | Members making headlines

A newsletter from a fellow Canadian organization in the Bay Area.


THE RETURN TO IRL

Things have been busy over here as the C100 community begins to gather once again (safely) in person. From an evening in Manhattan celebrating the Founding Members of C100’s New York Chapter to a series of dinners across Toronto and the San Francisco Bay Area co-hosted by Charter Members and Host Partners, the magic of in-person events begins to return.

#C100NYC IS OFFICIALLY HERE!

Last week, C100’s Founding Members community in NYC gathered to safely celebrate the launch of this new Chapter. With the growing, vibrant tech scene growing in New York, Canadians can be found everywhere you look from founders and operators to inventors and investors.

While C100 Members are based across all corners of the globe, from St. Johns to Los Angeles and San Francisco to Singapore, C100 New York marks a special part of this chapter (yes, very much a double entendre). Fun fact: New York has the largest population of Canadians outside of Canada and we’d like to sincerely thank all of our Founding Members who are helping make this feel a little bit like home for Canadian tech leaders living in the Big Apple.

Know a great Canadian expat who should be a part of this community (*ahem perhaps yourself*)? Apply today.

C100 DINNER SERIES

Over the past several weeks, C100 Members across the San Francisco Bay Area and Toronto gathered for small, intimate dinners to connect with fellow Canadian leaders.

A heartfelt thank you to all the Co-Hosts and Host Partners who helped make these a success; Janet Bannister & Silicon Valley Bank; Allen and Eva Lau, Osler Hoskin & Harcourt LLP; Anthony Lee & Toronto Global; Chris O’Neill and Wilson Sonsini; and Sean Lynch.

Read more about these dinners on our events page.

COMMUNITY EVENTS

Events happening in and around the community to check out.

OCT 17-23 | BDC SMALL BUSINESS WEEK

An annual celebration of entrepreneurship that the BDC (C100 Foundational Partner) has been organizing for over 42 years, gathering close to 10,000 entrepreneurs to learn, network and celebrate people building businesses across the country. Find out more here.

EVENTS FROM DIGITAL MOOSE LOUNGE IN THE SAN FRANCISCO BAY AREA

Our friends at the Digital Moose Lounge in San Francisco have several events on the horizon to meet up with some fellow Canucks:

C100 X ON DECK TALENT DEMO DAY

C100 has partnered with On Deck to bring talent to Canadian startups! Five of this year’s C100 Fellows participated in On Deck’s Talent Demo Day, spotlighting the open roles at these rapidly growing startups they lead and what’s unique about their workplace.

Taking part (and hiring internationally and for leadership roles) is Patch, Penny AI, Perksy, Relay Financial and ResQ. Learn more about each of them here. Thank you to the On Deck team for your support and dedication to Canadian tech talent!

COMMUNITY UPDATES

NEW FUNDS & FUNDING ROUNDS

₿ Mike Silagadze (C100 Charter Member) and Andrew McGrath (48Hrs Alumnus) have launched Gadze Finance, a next-generation crypto DeFi fund.  Mike is the founder of Toronto-based EdTech Top Hat and recently stepped down as CEO earlier this year and Andrew is formerly the President of Top Hat Ventures. The fund will start with US$25M under management as a pilot fund with the goal to scale the fund to US$100M over the next 6 months. Boris Wertz, Founder & Managing Partner at Version One Ventures, led the equity finance round and shares more about the announcement in this post.

💻  Hubspot Ventures has announced a $100M Hubspot CRM Platform Fund, focused on investing in early- and growth-stage technology companies focused on customer-first B2B innovation for scaling businesses. Congratulations to Andrew Lindsay (Charter Member), SVP of Business and Corporate Development at HubSpot.

🤝 Newfoundland-based CoLab Software has raised a $17M Series A led by New York-based investment firm Insight Partners. CoLab Sofware provides a web-based collaboration tool and issue-tracking platform for engineering teams. Congratulations to Co-Founders Adam KeatingJeremy Andrews, and the CoLabs team! Also congratulations to Greg Smyth (C100 Member) who is an early investor!

🚂  Spin Master, a Canadian toymaker, has entered the venture capital game with a newly established $100M fund to back early-stage companies that can help accelerate growth in its toys, entertainment and digital game divisions. Starting with two investments – Winnipeg-based Hoot Reading and Stockholm-based Nordlight Games. (p.s. a few valued C100 Members and Partners are featured for commentary in this article from Sean Silcoff).

📕  Thomson Reuters is creating a $100M corporate venture fund aimed to support and accelerate innovation in sectors that the company already serves via its products, including legal, accounting, media, risk, fraud, and compliance. The division will report to Chief Strategy Officer Pat Wilburn and is looking to invest between $2-10M for each deal, backing 15-20 companies over the next three years.

🏡  In one of the largest proptech deals ever, the leasing and management platform VTS announced that it will acquire Toronto-based Lane, a workplace experience platform used by several top landlords including Brookfield, Oxford, and Hines, for $200M. A big congratulations to Lane’s CEO Clinton Robinson (C100 Member and 48Hrs 2020 Alumnus) on this newest chapter. Hear directly from Clinton in this post.

🍽  ResQ has been busy cooking up a Series A. Toronto-based ResQ, led by Founder & CEO Kuljeev Singh (C100 Fellow), has announced a $39M Series A, co-led by Tiger Global Management and Canvas Ventures, alongside existing investors Homebrew Ventures, Inovia Capital and Golden Ventures (proud C100 Corporate Member). Mike Ghaffary from Canvas Ventures and former CEO of Yelp-Eat24, and Nilam Ganenthiran, former President of Instacart will be joining ResQ’s Board of Directors. Hear from Kuljeev here.

💐  Flowers aren’t the only thing blooming at Callia. Winnipeg-based Callia, led by Founder & CEO Catherine Metrycki (C100 Fellow), announced that it raised a $6.4M Series A to expand its direct-to-consumer flower delivery services and new markets across North America, including looking to enter the U.S. market.

IPOS & ACQUISITIONS

✈️  Montreal-based Hopper has made its seventh acquisition, purchasing Boston-based PlacePass for an undisclosed amount. This also secures a partnership deal with Marriott International Inc. Hopper is led by Founder & CEO, Frederic Lalonde.

📚 Kitchener, Ont.-based online learning software provider D2L has set a price range on its IPO on the Toronto Stock Exchange that would value the company at more than $1-billion. Disclosed in a securities filing on Monday, the price range has been set at a range of $19 to $21 a share for a proposed $200M.

MEMBERS MAKING MOVES

📣  Silicon Valley Bank (proud C100 Foundational Partner) has expanded to Montréal with the appointment of Karl Théard as the Director of Technology Banking, Quebec. Paul Parisi, Head of Silicon Valley Bank shares, “with CAD $953M invested in Montréal in the first half of 2021, the city is taking its place as one of the leaders in terms of investment dollars and number of deals in Canada. We’re excited to welcome Karl to SVB and we know his deep understanding of the Montréal tech and investor community will be invaluable to the city’s high-growth companies.”

📣  Publicly-traded sports betting and media company Rivalry has appointed former World Economic Forum (WEF) and Twitter executive Kirstine Stewart (C100 Charter Member) to its Board of Directors. Congratulations to Rivalry and Kirstine!

🌳  Dax Dasilva, Founder & CEO of Lightspeed (and C100 Charter Member), has launched Age of Union Alliance, a not-for-profit action-oriented environmental initiative with a $40M initial pledge to support conservation and restoration projects. The fund is set to fund five projects per year over the next five years.

GROW TOGETHER!
SUPPORT THE C100 AS A MEMBER

Join our talented community of builders connecting around the world to advance Canadian founders & leaders in tech.

THANK YOU TO OUR PARTNERS

FOUNDATIONAL PARTNERS

CORPORATE PARTNERS

🗽We’re in an Empire State of Mind | We’re hiring for two positions | In conversation with Sukhinder Singh Cassidy

An item from one of our fellow Canadian organizations in the Bay Area.


C100 TAKES ON NYC!

Calling all Canucks in the Big Apple, on October 13th, we’re celebrating the launch of C100’s newest chapter – New York!

In celebration of C100’s growing presence in New York City, we’re hosting an evening outdoors to connect New-York based Members who make up the founding community of this Chapter.

Who: C100 Members based in NY or visiting in town. Not a Member? Apply here
Where: Manhattan (details to be shared with registered attendees)

Join us for an intimate fireside chat with Sukhinder Singh Cassidy, one of Silicon Valley’s most admired leaders, a valued C100 Charter Member and author of her most recent book, CHOOSE POSSIBILITY: Take Risks and Thrive (Even When You Fail). Check out a preview of her book here in Tech Crunch.

Sukhinder Singh Cassidy is a leading digital CEO and entrepreneur with more than 25 years of leadership experience founding, scaling and advising companies including Google, Amazon, StubHub, Yodlee and more. She is currently Founder and Chairman of theBoardlist, a premium talent marketplace for diverse leaders to be recommended and discovered for board and executive opportunities. Most recently, Sukhinder served as the leader of StubHub, the premiere global consumer ticketing marketplace for live entertainment, which her and her team sold for $4 billion in February 2020.

C100 IS HIRING!

DIRECTOR OF MEMBERSHIP ENGAGEMENT & GROWTH

Location: Flexible within US & Canada (SF Bay Area, New York or Toronto preferred)

We’re seeking a growth & community builder to join our staff team and oversee C100’s Membership strategy, programs, and products. Reporting to the CEO, you will own and lead C100’s core product (Membership & Charter Membership), developing, refining, and iterating on the Member experience, onboarding, and engagement.

PARTNERSHIPS MANAGER / SENIOR MANAGER

Location: Flexible within US & Canada (SF Bay Area, New York or Toronto preferred)

We are seeking a business development & relationship manager to lead the organization’s partner program, C100’s primary source of revenue. Reporting to the CEO, the Partnerships Manager will oversee all aspects of C100’s funding relationships.

GROW TOGETHER!
SUPPORT THE C100 AS A MEMBER

Join our talented community of builders connecting around the world to advance Canadian founders & leaders in tech.

COMMUNITY UPDATES & MEMBERS IN THE NEWS

🇨🇦 Neo Financial is building a second HQ in the heart of Winnipeg, adding 300+ new tech jobs in the next 5 years. Fun fact: the Winnipeg office space was the previous HQ of SkipTheDishes, where Andrew Chau (#C100Fellow) & Jeff Adamson grew the team to 2500+ employees before starting Neo Financial.

🎉 Montreal-based Hopper secured $175-million in Series G financing, bringing its total raise to date to nearly $600-million and its valuation to $3.5-billion. Fun fact: it had a $2-billion valuation just five months ago. Congratulations to Founder & CEO Fredric Lalonde & the Hopper team!

🤝 Vancouver-based legal tech provider Clio has acquired San Francisco-based and YC-backed Legal Document Automation company Lawyaw This is Clio’s second acquisition (and largest ever) following its $110-million Series E earlier this year. Congratulations to Clio Co-Founder CEO Jack Newton (Charter Member) & Co-Founder & General Manager of Lawyaw Tucker Cottingham.

📖 Crunchbase took a look under the hood of M12, Microsoft’s venture arm as it ramps up investments. Interviewed in the article is C100 Charter Member Michelle Gonzalez, Corporate Vice President & Global Head of M12.

🤝 Toronto-based EdTech company Top Hat has made its fourth acquisition of a traditional course-material publisher, purchasing Denver-based Morton Publishing, a 44-year old independent press that publishes 600+ lab and course materials. Congratulations to Founder Mike Silagadze (Charter Member), CEO Joe Rohrlich & the entire Top Hat team!

📣 Jeanne Lam has been named the first President of Toronto-based Wattpad. Jeanne joined Wattpad in 2015 as the Director of Growth and quickly rose through the ranks. With over 94 million global users, the company plans to grow its team by more than 50% over the next year. Congratulations Jeanne, CEO Allen Lau (Charter Member) and the Wattpad team!

🎉 In Q2, Waterloo Region’s tech ecosystem saw 7 investments totalling $749.7-million, the best quarter the region has seen in the last two years. Big raises that were a part of this included ApplyBoard’s $368-million Series D and Faire’s $314-million Series F funding rounds. Chris Albinson, Co-Founder of C100 and CEO & President of Communitech, shared his thoughts in this interview.

🦄 Toronto-based cloud accounting software company FreshBooks has passed the $1-billion valuation mark​ following an announcement that it has secured $80.75-million in Series E financing and $50-million in debt financing (total $130.75-million). Congratulations to Co-Founder & Chairman of the Board Mike McDerment & the FreshBooks team!

🇨🇦 Meet the 16 Canadian startups​ taking part in Y Combinator’s 2021 Summer Demo Day.

🎙 A conversation on risk-taking with tech titan Sukinder Singh Cassidy | Confluence Podcast covers Canadian tech in the valley

An item from a fellow Canadian organization in the Bay Area.


🗓 A CONVERSATION ON RISK-TAKING WITH TECHNOLOGY EXECUTIVE & C100 CHARTER MEMBER SUKHINDER SINGH CASSIDY

Join us for an intimate fireside chat with Sukhinder Singh Cassidy, one of Silicon Valley’s most admired leaders, a valued C100 Charter Member and author of her most recent book, CHOOSE POSSIBILITY: Take Risks and Thrive (Even When You Fail). Check out a preview of her book here in Tech Crunch.

Sukhinder Singh Cassidy is a leading digital CEO and entrepreneur with more than 25 years of leadership experience founding, scaling and advising companies including Google, Amazon, StubHub, Yodlee and more. She is currently Founder and Chairman of theBoardlist, a premium talent marketplace for diverse leaders to be recommended and discovered for board and executive opportunities. Most recently, Sukhinder served as the leader of StubHub, the premiere global consumer ticketing marketplace for live entertainment, which her and her team sold for $4 billion in February 2020.

🎙 LISTEN: CANADA’S ROLE IN DEFINING THE FUTURE OF TECH

“Across Canada, the U.S. and around the world, in the last year some of the biggest success stories technology companies that were founded by Canadians. […] We’re looking forward to more IPOs this year of Canadian founded companies that are having a huge impact globally.”

Tune into Episode 5 of the Confluence podcast where C100’s CEO Laura Buhler & Co-Founder Chris Albinson dive into Canada’s role in defining the future of technology, in the Bay Area and beyond, with host Rana Sarkar, Consul General of Canada to Northern California and Silicon Valley.

Also featured in this episode is Michelle Zatlyn, Co-Founder, President & COO at Cloudlfare (& C100 Charter Member).

GROW TOGETHER!
SUPPORT THE C100 AS A MEMBER

Join our talented community of builders connecting around the world to advance Canadian founders & leaders in tech.

COMMUNITY UPDATES & MEMBERS IN THE NEWS

🦄 People.ai, led by Founder & CEO Oleg Rogynskyy (Charter Member), has hit unicorn status at a $1.1-billion valuation following a $100-million in Series D financing, co-led by Mike Dinsdale, Managing Director at Akkadian Ventures (and Charter Member), and Abdulla AlBanna of Mubadala Capital. Hear directly from Oleg in this blog post. Congratulations to Oleg & the People.ai team!

📣 Mississauga-based PointClickCare announced that Co-Founder & CEO Mike Wessinger (Charter Member) will become its Executive Chair. His Co-Founder & brother Dave Wessinger will become CEO.

🦄 #anotherone Toronto-based cloud accounting software company FreshBooks has passed the $1-billion valuation mark following an announcement that it has secured $80.75-million in Series E financing and $50-million in debt financing (total $130.75-million). Congratulations to Co-Founder & Chairman of the Board Mike McDerment & the FreshBooks team!

📈 Montreal-based Hopper secured $175-million in Series G financing, bringing its total raise to date to nearly $600-million and its valuation to $3.5-billion. Fun fact: it had a $2-billion valuation just five months ago. Plus, a bonus article from the Logic about the news (subscription required).

🗓 Elevate launches Think 2030, a three-day event taking place in Toronto and online to address the United Nations Sustainable Development Goals and explore how design, innovation and technology can solve society’s greatest challenges.

📣 The DMZ (C100 Corporate Partner) has launched a new Social Impact Stream within their Black Innovation Program to support Black founders with a social mission and purpose. Learn more here and applications are due August, 31st!

📈 Montreal-based Lightspeed Commerce Inc. has raised an additional $107.4-million in its share offering after underwriters exercised their over-allotment option in full, bringing the total raised amount to $823.5-million (before underwriting commission and offering costs). Founder & CEO Dax Dasilva (Charter Member) shares more about the latest on Lightspeed on CNBC’s Closing Bell.

🛰 The Canadian federal government is providing $1.44-billion to Ottawa-based satellite company Telesat in an effort to extend broadband internet service to Canada’s rural and remote areas. Telesat’s global network, named “Lightspeed”, will be composed of 298 low-Earth orbit (LEO) satellites operating 35 times closer to earth than traditional telecommunications satellites.

Watch: Raising Your Series B | Upcoming: A Conversation w/ Sukhinder Singh Cassidy

An item from one of our fellow Canadian organizations in the Bay Area.


🎙 WATCH: RAISING YOUR SERIES B – INSIDER INSIGHTS FROM THE OTHER SIDE OF THE TABLE

C100 Members & Fellows sat down recently with Elliott Robinson (Partner, Bessemer Venture Partners) and Dionne Chingkoe (Principal, Insight Partners) who shared their insights on what founders need to know when raising a Series B, from metrics and process to benchmarking and more.

Meet the Discussion Leaders:

  • Elliott Robinson is a Partner at Bessemer Venture Partners, leading growth equity invetments across the Cloud Software, Digital Health, Consumer internet and Frontier Technology sectors. Based in the Bay Area, Elliott is an active investor in Canada, he and Bessemer recently led the Series C and joined the board of imply.io (Co-Founded & led by C100 Member Fangjin (FJ) Yang)).
  • Dionne Chingkoe is a Principal at Insight Partners, working closely with portfolio companies to accelerate growth and drive market dilligence for potential invesments. Insight is focused on investments in software companies, with $30+ billion in capital commitments, invements in more than 400 companies and having completed 200+ M&A transactions for portfolio companies.

🗓 RSVP TODAY: A CONVERSATION ON RISK-TAKING WITH TECHNOLOGY EXECUTIVE & C100 CHARTER MEMBER SUKHINDER SINGH CASSIDY

Join us for an intimate fireside chat with Sukhinder Singh Cassidy, one of Silicon Valley’s most admired leaders, a valued C100 Charter Member and author of her most recent book, CHOOSE POSSIBILITY: Take Risks and Thrive (Even When You Fail).

Sukhinder Singh Cassidy is a leading digital CEO and entrepreneur with more than 25 years of leadership experience founding, scaling and advising companies including Google, Amazon, StubHub, Yodlee and more. She is currently Founder and Chairman of theBoardlist, a premium talent marketplace for diverse leaders to be recommended and discovered for board and executive opportunities. Most recently, Sukhinder served as the leader of StubHub, the premiere global consumer ticketing marketplace for live entertainment, which her and her team sold for $4 billion in February 2020.

GROW TOGETHER!
SUPPORT THE C100 AS A MEMBER

Join our talented community of builders connecting around the world to advance Canadian founders & leaders in tech.

COMMUNITY UPDATES & MEMBERS IN THE NEWS

📣 Congratulations to Patrick Pichette (Chairman of the Board at Twitter & C100 Charter Member) who has been appointed to the board of directors of Wealthsimple. 

🤝 Waterloo-Kitchener-based Communitech has announced that it is acquiring Prospect, Canada’s largest startup job board. Congratulations to Communitech’s CEO & President Chris Albinson (C100’s Co-Founder) and Prospect’s Co-Founder & CEO Marianne Bulger (C100 Member) on this partnership that undoubtedly will help elevate and connect top talent with Canada’s startups.

🚀 Ontario based Auvik Networks (48Hrs 2015 Alumnus) has taken on $250-million in investment, from private-equity firm Great Hill Partners. Auvik’s leadership team will remain in place and play a central role in this next phase of growth.

🥇Olympic runner, Maddy Price, will be fulfilling her dream to compete in the Olympics and represent Canada as a member of the 4X400 relay team. Maddy is the daughter of Shawn Price, a proud C100 Charter Member and software pioneer, who passed away in 2016 after battling melanoma cancer. Best of luck to Maddy in Tokyo, we are rooting for you!

🎙 Land of Unicorns – Canada’s New Bounty of Billion-Dollar Tech CompaniesMichele Romanow, Co-Founder & President at Clearco (& C100 Charter Member), and John Stackhouse, Senior Vice-President, Office of the CEO at RBC (proud C100 Foundational Partner) discuss important topics including remote work, post-pandemic entrepreneurship and why “you never have a perfect idea.”

📝 How to Get the Most out of Quarterly Board MeetingsLiran Belenzon (Co-Founder & CEO at BenchSci & C100 Member) recently published his key best practices to follow in order to make your board meetings more effective!

🤖On ethical AI, the world is calling – and it’s time for Canada to answerChris Albinson, CEO & President at Communitech (& Co-Founder at C100), believes Canada has a “massive opportunity in front of us: to lead the world in creating and commercializing applied, ethical artificial intelligence.”

📈A can’t-miss article highlighting Canada’s booming startup market that has seen more capital raised in the first half of 2021 ($6.3-billion across 414 deals, per CB Insights data) compared to all of 2020 (617 deals raising a total of $2.9-billion in total capital raised

🏆 Zynga becomes a Great Place to Work-Certified company in the US. with The global authority on workplace culture found that 95 percent of Zynga employees said the company is a great place to work, mirroring Zynga’s focus on company culture. Chief People Officer Jeff Ryan (C100 Charter Member) shared his thoughts in the piece.

📝 Learn more about Toronto-based Tribe, led by Co-Founder & CEO Siavash Mahmoudian (Current C100 Fellow) in this recent article from Forbes Magazine.

🚀 Montreal-based Algolux (48Hrs 2017 Alumnus), a globally recognized computer vision software company, announced it has raised $18.4 million in Series B funding. Algolux is led by President & CEO Allan Benchetrit (C100 Member).

🎉 Toronto-based AI startup Deep Genomics has secured $180-million in Series C financing, led by SoftBank Vision Fund 2. Deep Genomics uses AI and machine learning to program and prioritize transformational RNA therapeutics for genetic diseases.

💻 With cyberattacks and threats on the rise, investments into cybersecurity start-ups continue to surge. $12.2 billion has been into cybersecurity companies so far this year, nearly $2 billion more than the total for all of 2020Netskope’s founder & CEO, Sanjay Beri (C100 Charter Member) was featured in the New York Times artcile on the topic. Last year, Netskope has one of the largest raises in cybersecurity of the year ($300-million), increasing its valuation to $2.8-billion.

📣 Congratulations to Andrew Lindsay (VP of Corporate & Business Development at HubSpot & C100 Member) who has been appointed to the board of directors of Asana.

🎉 Toronto-based cybersecurity startup 1Password has raised $100-million in an Accel-led round of funding at a $2-billion valuation (double its 2019 valuation). A number of institutional and angel investors participated, including Ashton Kutcher’s Sound Ventures, Kim Jackson’s Skip Capital, Slack Co-Founder and CEO Stewart Butterfield, Shopify CEO Tobias Lutke, Squarespace CEO Anthony Caselana and Eventbrite Co-Founder Kevin Hartz.

C100 Has A New Co-Chair | Members In the News & Community Updates

An announcement from one of our fellow Canadian organizations in the Bay Area.


ICYMI: C100 HAS A NEW CO-CHAIR!

HEAR FROM ANDRE AND JANET ABOUT THE NEWS (video)

What you need to know:

  • Effective July 2021, Bannister becomes the first C100 Co-Chair to be based in Canada (Toronto) and, for that matter, the first anywhere outside of the Bay Area
  • Bannister takes the reins from Co-Chair Shari Hatch Jones and will co-lead the C100 Board of Directors for a two-year term alongside Co-Chair Andre Charoo.
  • Janet is a former eBay exec, founder of Kijiji.ca, and now Managing Director of Real Ventures, Canada’s most active early-stage VC firm and a driving force behind Canada’s tech sector.
  • Previously, she served as a C100 Board Member, Charter Member, and is an outspoken champion of the Canadian tech ecosystem.

This is about Canadians, as people around the world, connecting to each other. I’m super excited to take on this new role and help to push forward that vision” – Janet Bannister

Click below to read The Logic’s article on Janet’s appointment and the C100’s vision to expand beyond Silicon Valley and evolve into a global network for Canadians in Tech.

COMMUNITY UPDATES & MEMBERS IN THE NEWS

🚀Toronto-based Clearco, led by Andrew D’Souza (C100 Charter Member), Michele Romanow (C100 Charter Member), and Curt Sigfstead (C100 Board Member), has successfully closed a $215-million raise with Softbank Group Corp, marking Softbank’s first ever Canadian investment. Congratulations Andrew, Michele, Curt and the entire Clearco team!

🚀Ontario based Auvik Networks (48Hrs 2015 Alumni) has taken on $250-million in investment, from private-equity firm Great Hill Partners. Auvik’s leadership team will remain in place and play a central role in this next phase of growth.

🚀Toronto-based Properly (48Hrs 2019 Alumni) has successfully raised a $44-million Series B Round! This round brings Properly’s total funding to date to $60-million. Congratulations to the Properly team!

📣Jennifer Holmstrom (C100 Charter Member) has been named to Business Insider’s Top 25 Talent Partners in Venture List!

🥇Olympic runner, Maddy Price, will be fulfilling her dream to compete in the Olympics and represent Canada as a member of the 4X400 relay team. Maddy is the daughter of Shawn Price, a proud C100 Charter Member and software pioneer, who passed away in 2016 after battling melanoma cancer. Best of luck to Maddy in Tokyo, we are rooting for you!

🎉 Kirstine Stewart (Former Executive Committee at World Economic Forum & C100 Charter Member) comes on board as Chief Revenue Officer at Pex. Congratulations to Kirstine Stewart & Pex on this new chapter!

🚗Sukhinder Singh Cassidy (former President at StubHub, Founder & Chairman at theBoardlist and C100 Charter Member) has joined the Board of Directors at Vancouver-based Canada Drives, Canada’s largest 100% online car shopping & to-your-door delivery platform.

🌱Golden Ventures (Corporate Member) has launched two new funds and announced a new partner, Jamie Rosenblatt! The new funds include, Golden Ventures IV, a US$100M seed-stage vehicle and Golden Ventures Opportunities Fund, a US$20M vehicle focused on later-stage financing rounds.

📣Congratulations to Andrew Lindsay (VP of Corporate & Business Development at HubSpot & C100 Member) who has been appointed to the board of directors of Asana.

REPORTS WORTH READING

CBRE’s recent Scoring Tech Talent Report reveals Canadian cities as top tech talent markets in the US & Canada. Some highlights:

  • 11% of Toronto’s workforce is in tech, matching that of the Bay Area
  • Toronto, Montreal, and Vancouver among top 5 for yearly talent gains
  • Edmonton’s talent pool eclipsed all markets growing by 53%  
  • Toronto is an outlier for tech talent job creation, adding 54,700 more tech talent jobs than graduates