Category Archives: Venture Capital
Snapshot of a VC Deal: Beyond the Rack
Who: Montreal-based Beyond the Rack, North America’s leading premier online shopping club. How much: $10-million in venture debt financing from Wellington Financial LP. Since launching in 2009, Beyond the Rack had raised $53 million from angel and venture-capital investors including Rho Canada … Continue reading
Snapshot of a VC Deal: QuickMobile
Who: Vancouver-based QuickMobile, which creates mobile apps and content for meetings and events. How much: $3.3-million in a deal led by the BDC IT Venture Fund, as well as Vancity and angel investors. QuickMobile, which recently hired its 100th employee, raised $2.6-million … Continue reading
Fast-Growing Frank & Oak Raises $5-Million Series A Round
In Canada, there are few successful e-commerce startups, most likely because the market is too small to help a home-grown player establish itself. There are, however, exceptions to the rule such as Beyond the Rack and, most recently, Frank & … Continue reading
Q&A with IAF’s Barry Gekiere on Seed Investing
The Investment Accelerator Fund (IAF) has been among the active seed players in Ontario startups, investing $5.4-million in 12 startups since December. To get a better idea of IAF mandate and approach, I talked with Managing Director Barry Gekiere. When … Continue reading
Snapshot of a VC Deal: Crowdbase
Who: Quebec City-based Crowdbase, which is building a “social knowledge platform” that helps people and teams to get “better answers and discover new things”. How much: $650,000 in seed financing from Real Ventures, iNovia Capital and Martin-Luc Archambault to accelerate product … Continue reading
iNovia’s Chris Arsenault on Luxury Retreats and Canadian Startups
Among Canadian VCs, iNovia has been active with Canadian and U.S. startups. Earlier this week, it was in the news again after leading a $5-million investment in Montreal-based Luxury Retreats. I had a chance to do a quick Q&A with … Continue reading
