Tracxn - Monthly Report - Canada Tech - August 2021

TRACXN MONTHLY REPORT
AUGUST 2021
CANADA TECH

Canada Tech - August 2021 Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Contents
2
Canada Tech Snapshot 3
Investment Snapshot 4
List of Funding Rounds 5
New Investors 10
Top Funded Business Models - last 1 year 12
New Analyst Picks 13
IPOs 19
Acquisitions 20
Recent News 23

Canada Tech Snapshot – August 2021
Canada Tech: Snapshot – August 2021
Note : "Investors" refers to "Institutional Investors" only
3
$743M
18 2
Overall Geo Stats
20
28
106
58
41
Funding Rounds $ Invested Analyst Picks
dcbel Upgraded to
SOONICORN
New Investors
Siemens
QED Investors
Series A+ rounds Active Investors IPOs
Invest ABTC
ApartmentLove
Acquisitions
crea-ture Studios#@
iWeb#@
Top Funding Rounds Top Markets Top Investors Top Cities
Monthly Leader Board
Toronto
(12 Rounds, $190M)
Vancouver
(8 Rounds, $95.4M)
Montreal
(5 Rounds, $227M)
Calgary
(2 Rounds, $4.7M)
$175M - Series G
Hopper (2007, Montreal, $619M)
$160M - Series B
80 Acres Farms (2015, Hamilton, $250M)
$80.8M - Series E
FreshBooks (2003, Toronto, $154M)
$79.4M - Series B
Canada Drives (2010, Vancouver, $159M)
BDC
(2 Investments)
Accomplice
(2 Investments)
Bank of Montreal
(2 Investments)
Globalive Capital
(2 Investments)
Online Travel
Hopper
Crop Tech
80 Acres Farms
Alternative Lending
Canada Drives
Finance & Accounting Tech
FreshBooks
Market Size
Companies Covered 25,914
Funded Companies 5,520
Total Funding $38.8B
Funding in last 12 months $12.0B
Top Exits
IPOs 441
Acquisitions 1,459
Company Stage
Unicorns 17
Soonicorns 117
Minicorns 374
Editor Picks 2,194
Series A+ 1,220
Series C+ 288
Acqui-Hires 12
Deadpooled 2,233
Top Cities
Toronto (1,675 Rounds, $11.1B)
Vancouver (844 Rounds, $6.3B)
Top Investors
BDC (290 Investments)
MaRS Discovery District (167
Investments)

Investment Snapshot
Investment Snapshot of Canada Tech as of August 2021
Canada Tech: Investment Snapshot
4
# Rounds
$ Funding
Investment Trend Top Investments (August 2021)*
Hopper
(2007, Montreal, $619M)
$175M - Series G GPI Capital
80 Acres Farms
(2015, Hamilton, $250M)
$160M - Series B General Atlantic
FreshBooks
(2003, Toronto, $154M)
$80.8M - Series E Accomplice
Canada Drives
(2010, Vancouver, $159M)
$79.4M - Series B KAR Global
Figment
(2018, Toronto, $55.0M)
$50.0M - Series B Liberty City Ventures
WorkJam
(2014, Montreal, $115M)
$35.0M - Series C Silver Lake
Discourse
(2012, Toronto, $20.0M)
$20.0M - Series A PACE CAPITAL
XpertSea
(2009, Quebec City, $29.2M)
$20.0M - Series B QED Investors
LQT Therapeutics
(2018, Laval, $19.0M)
$19.0M - Series A Amplitude
Smile CDR
(2016, Toronto, $15.9M)
$15.9M - Series A
Shopper+
(2007, Vaudreuil-dorion, $15.4M)
$15.4M - Series B Celtic House Asia Partners
*Shows only the lead Investors

List of Funding Rounds (1/5)
List of Funding Rounds in Canada Tech in August 2021
Canada Tech: List of Funding Rounds
Note: Seed Stage (Seed, Angel), Early Stage (Series A, Series B), Late Stage (Series C+), PE
5
LATE STAGE
$8.0M - Series C
Hydrostor (2010, Toronto, $45.0M)
Underwater Compressed Air Energy Storage
BDC
LATE STAGE
$35.0M - Series C
WorkJam (2014, Montreal, $115.3M)
Workforce management for hourly workers
Silver Lake
LATE STAGE
$80.8M - Series E
FreshBooks (2003, Toronto, $153.8M)
Cloud-based invoicing and accounting software
Accomplice, JPMorgan, Manulife Financial, Barclays,
Gaingels Syndicate, and 1 more
LATE STAGE
$175.0M - Series G
Hopper (2007, Montreal, $619.4M)
AI-enabled price prediction solutions for travel services
GPI Capital, Accomplice, Glade Brook Capital, WestCap,
Goldman Sachs
LATE STAGE
PE
PayFacto (2018, Verdun)
Payment solutions for businesses
Flexpoint Ford, Bank of Montreal
EARLY STAGE
$4.5M - Series A
Aviron (2019, Toronto, $4.6M)
Manufacturer of fitness rowing machines
Samsung NEXT, Formic Ventures, Global Founders
Capital, Y Combinator
EARLY STAGE
$7.5M - Series B
dcbel (2015, Montreal, $47.5M)
AI-driven platform offering energy management
solutions for residential applications
Silicon Valley Bank
EARLY STAGE
$9.0M - Series B
Blue J (2014, Toronto, $9.0M)
Cloud-based predictive legal tax law management
software provider
Generation Ventures, Mistral Ventures, LDV Partners,
Relay Ventures
EARLY STAGE
$15.4M - Series B
Shopper+ (2007, Vaudreuil-dorion, $15.4M)
Online retailer offering multi-category products
Celtic House Asia Partners, National Bank of Canada,
BDC, Danny Zhang, Pan Min

6
EARLY STAGE
$15.9M - Series A
Smile CDR (2016, Toronto, $15.9M)
Provides Clinical Data Repository (CDR) service solution
, UPMC
EARLY STAGE
$19.0M - Series A
LQT Therapeutics (2018, Laval, $19.0M)
Developer of therapeutics for treating heart rhythm
disorder
Amplitude, Lumira Ventures, Alexandria, Fonds de
solidarite FTQ, Amzak Capital Management
EARLY STAGE
$20.0M - Series B
XpertSea (2009, Quebec City, $29.2M)
Provides hardware and software to measure aquatic
organisms count in a sample
QED Investors, Atlantico, Obvious Ventures, Future
Shape, Aqua Spark, and 3 more
EARLY STAGE
$20.0M - Series A
Discourse (2012, Toronto, $20.0M)
Open source discussion platform
PACE CAPITAL, First Round Capital
EARLY STAGE
$50.0M - Series B
Figment (2018, Toronto, $55.0M)
Decentralized application development and governance
platform
Liberty City Ventures, Senator Investment Group, JBK
Capital, 40 North Management, GSR Ventures, and 6
more
EARLY STAGE
$79.4M - Series B
Canada Drives (2010, Vancouver, $159.0M)
Online marketplace for automotive financing
KAR Global
EARLY STAGE
$160.0M - Series B
80 Acres Farms (2015, Hamilton, $250.0M)
Integrated business for soil-less cultivation and supply
of produce
General Atlantic, Siemens, Barclays,
EARLY STAGE
Series A
DigitalEd (2001, Waterloo, $7.0M)
Online STEM course platform for students
PSG
EARLY STAGE
Series A
Fresnel Software (2016, Calgary, $5.1M)
Cloud-based accounting and business management
software

7
SEED STAGE
$20.0K - Seed
SimpleSortie (2020, , $20.0K)
Provider of SaaS-based platform connecting aviation
buyers, suppliers & operators
Elevate Ventures
SEED STAGE
$365.8K - Seed
Active Witness (2018, Surrey, $621.2K)
Provider of cloud and AI-based access control systems
SEED STAGE
$400.0K - Seed
Box (2020, Toronto, $400.0K)
Cloud-based platform for online pharmacy
management
SEED STAGE
$500.0K - Seed
Qase (2017, Vancouver, $500.0K)
Test case management Platform
S16VC, FinSight Ventures, Expo Capital
SEED STAGE
$750.0K - Seed
Micromensio (2017, Toronto, $750.0K)
Developer of on-chip sensors for point-of-need
diagnostics solution
SEED STAGE
$800.0K - Seed
Softdrive (2019, Toronto, $800.0K)
Cloud based remote access software
FF Venture Capital, Side Door Ventures, Garage Capital,
Globalive Capital
SEED STAGE
$1.0M - Seed
OpenSwap (2021, Hong Kong, $1.0M)
Defi solutions for on-chain liquidity management
NGC, Coin98, Illusionist Group,
SEED STAGE
$1.9M - Seed
Lytica (2005, Ottawa, $1.9M)
Provider of a market pricing and sourcing tool for
electronic components
York IE
SEED STAGE
$2.0M - Seed
Mako Financial Technologies (2018, Westmount,
$2.4M)
Deal discovery & administration platform
Desjardins Capital, Glenn Goucher, Mary Karamanos,
Rodney Dobson
SEED STAGE
$2.2M - Seed
Symboticware (2008, Greater Sudbury, $2.2M)
Monitoring Solutions Provider for the Mining Industry
GreenSky Capital, MaRS Investment Accelerator Fund,
Celtic House Asia Partners

8
SEED STAGE
$2.4M - Seed
ORO Health (2020, Montreal, $2.4M)
Provider of an AI-based telehealth and communication
platform for healthcare professionals and patients
MCI Onehealth, Desjardins
SEED STAGE
$2.7M - Seed
Fable (2019, Vancouver, $2.7M)
Internet first brand offering sustainably crafted
crockery for home improvement
Sandpiper Ventures, MAVAN Capital Partners
SEED STAGE
$2.8M - Seed
Medimap (2015, Vancouver, $3.6M)
Online platform for finding and checking in to walk-in
medical clinics
Tiny Capital, Rasool Rayani, David Arnsdorf, Rajiv
Khaneja, Shane Parrish
SEED STAGE
$4.0M - Seed
Zilia (2018, Quebec City, $4.0M)
Developer of non-invasive ocular oximetry technologies
Anges Quebec
SEED STAGE
$4.7M - Seed
Fluid Biotech (2012, Calgary, $5.5M)
Developer of a stent for treating brain aneurysms
Metis Innovative, Shangbay Capital, Amino Capital,
Wharton Alumni Angels, Bluesky Equities, and 4 more
SEED STAGE
$7.2M - Seed
FIX4 (2020, Montreal, $7.2M)
Online lending platform for car title loans
Tactico, Keira Capital Partners, Martin Lavigne
SEED STAGE
$10.0M - Seed
D3 Security (2002, Vancouver, $10.0M)
Cloud-based full life cycle incident response and
management solution
SEED STAGE
Seed
RainStick (2019, Toronto, $1.0M)
Provider of smart recirculating showers
Red Thread Ventures, John Rose
SEED STAGE
Seed
Goodable (2020, Toronto)
AI-driven platform offering multi-category news
Google
SEED STAGE
Seed
Archiact (2013, Vancouver)
Developer of virtual and augmented reality-based
mobile games
Sanqi Mutual Entertainment

9
SEED STAGE
Seed
Talkatoo (2006, Halifax, $1.1M)
Provider of voice-based software solutions for
veterinarians
Blu Venture Investors, Manifold, Globalive Capital,
Concrete, Ivan Zakharenkov
SEED STAGE
Seed
MatrixETF (2021, Vancouver)
Online trading platform for ETF funds backed by crypto
tokens
, AU21 Capital, MORNINGSTAR, Ascensive Assets,
Divergence Ventures, and 3 more
SEED STAGE
Seed
LifeBooster (2011, Vancouver)
Provider of a wearable device to predict and prevent
accidents in the workplace
W. L. Gore & Associates

New Investors (1/2)
List of New Investors in Canada Tech in August 2021
Canada Tech: List of New Investors
10
Investor Company Info Round Amount Round Name
Siemens
27 portfolio companies | Manufacturer of electronic and communications
components
80 Acres Farms
Integrated business for soil-less cultivation and supply of produce
$160M Series B
QED Investors
176 portfolio companies | Institutional investor focusing on early stage start-ups.
XpertSea
Provides hardware and software to measure aquatic organisms count in
a sample
$20.00M Series B
Elevate Ventures
136 portfolio companies | VC firm investing in early & growth stage companies
in the US
SimpleSortie
Provider of SaaS-based platform connecting aviation buyers, suppliers &
operators
$20.00K Seed
Amino Capital
48 portfolio companies | Early-stage tech-focused VC firm investing primarily in
the US, China and parts of Europe
Fluid Biotech
$4.70M Seed
UPMC
24 portfolio companies | For profit health system
Smile CDR
Provides Clinical Data Repository (CDR) service solution
$15.95M Series A
GPI Capital
6 portfolio companies | Late stage Offline-focused venture capital firm investing
globally
Hopper
$175M Series G
Hard Yaka
18 portfolio companies | Early-stage tech-focused VC firm funding companies in
the US
Figment
Decentralized application development and governance platform
$50.00M Series B
Flexpoint Ford
7 portfolio companies | Private equity investment firm focused on buyouts
PayFacto
Payment solutions for businesses
Undisclosed PE
York IE
9 portfolio companies | Venture capital firm investing in series A startups
Lytica
Provider of a market pricing and sourcing tool for electronic
components
$1.90M Seed
Glade Brook Capital
24 portfolio companies | PE firm invests in the US
Hopper
$175M Series G

New Investors (2/2)
List of New Investors in Canada Tech in August 2021
Canada Tech: List of New Investors
11
Investor Company Info Round Amount Round Name
GSR Ventures
39 portfolio companies | Venture capital fund focused on tech startups
Figment
$50.00M Series B
Amzak Capital Management
18 portfolio companies | Private equity & debt fund focused on multiple sectors
LQT Therapeutics
Developer of therapeutics for treating heart rhythm disorder
$19.00M Series A
Liberty City Ventures
37 portfolio companies | Seed stage venture capital firm investing in US
Figment
$50.00M Series B
Senator Investment Group
15 portfolio companies | Private equity & fixed income investments focused
hedge fund
Figment
$50.00M Series B
Galaxy Digital
46 portfolio companies | Decentralized financial services platform for businesses
Figment
$50.00M Series B
Shangbay Capital
21 portfolio companies | Early-stage life sciences-focused VC firm investing in
geographies such as the US & China
Fluid Biotech
$4.70M Seed
Blu Venture Investors
45 portfolio companies | Tech focused early-stage VC firm investing in the US
Talkatoo
Provider of voice-based software solutions for veterinarians
Undisclosed Seed
NGC
75 portfolio companies | Investment firm focusing on cryptocurrencies and
blockchain projects
OpenSwap
Defi solutions for on-chain liquidity management
$1.00M Seed
Future Shape
18 portfolio companies | Early stage focused investment firm
XpertSea
Provides hardware and software to measure aquatic organisms count in
a sample
$20.00M Series B
Sanqi Mutual Entertainment
6 portfolio companies | Video game publisher
Archiact
Developer of virtual and augmented reality-based mobile games
Undisclosed Seed

Top Funded Business Models - last 1 year
* Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1 year.
12
Rank Business Model $ Funding # Rounds Top Funding Round
1 ▲30 Tech Enabled Lithium Battery Recyclers $700M 2 Redwood Mater.. | $700M | Series C
2 -- Islamic FinTech > Investment Platforms > Robo Advisors $697M 2 Wealthsimple | $610M | Series F
3 -- Datacenter Colocation $488M 1 eStruxture | $488M | Series B
4 ▲16 Identity Verification $394M 1 Trulioo | $394M | Series D
5 ▲16 KYC for Financial Institutions $394M 1 Trulioo | $394M | Series D
6 ▲11 Overseas College Recommendation Platforms $365M 2 ApplyBoard | $310M | Series D
7 -- Internet First Revenue Based Financing $315M 2 Clearco | $215M | Series D
8 ▲4 Drugs for Multiple Cancer Types $252M 8 Turnstone Bi.. | $80.0M | Series D
9 ▲177 Financial Planning & Analysis Software $249M 2 Vena | $241M | Series C
10 -- Sales RFP Response Automation $200M 1 Loopio | $200M | Series B

New Analyst Picks (1/6)
Interesting Companies identified by Analysts in Canada Tech in August 2021
Canada Tech: Analyst Picks
13
Upgraded to SOONICORN
dcbel (2015, Montreal, $40.0M, Series B)
AI-driven platform offering energy management
solutions for residential applications
Coatue, Narrative Fund, Real Ventures and 1 other
Investors
Upgraded to MINICORN
Shopper+ (2007, Vaudreuil-dorion, $15.4M, Series B)
Online retailer offering multi-category products
Pan Min, BDC, Danny Zhang and 2 other Investors
Added to Editor's Pick
Convergence (2016, Toronto, Undisclosed, Grant
(prize money))
Research platform for private market investors
Omidyar Network,MacArthur Foundation,The
Rockefeller Foundationand
Spocket (2017, Vancouver, $530K, Seed)
Online platform providing dropshipping services for
multi-category fashion products
Panache Ventures, 7 Gate Ventures, Techstars and 2
other Investors
StableCorp (2019, Toronto, $1.6M, Seed)
Decentralized stable coin used for enabling B2B
payments
Mavennet, Borderless Capital, VersaBank and 1 other
Investors
Talem Health Analytics (2017, Sydney Mines,
$1.8M, Seed)
Provider of AI and cloud based digital claims analytics
services for healthcare professionals
Hartford InsurTech Hub, Startupbootcamp, THE HOLT

14
Ratio.City (2017, Toronto, $1.0M, Seed)
Cloud-based urban analytics platform
RockPort Capital, 2048 Ventures, The DMZ and 4 other
Investors
Companion (2017, , $8.0M, Seed)
Online platform offering automatic dog trainer device
PETstock, Central Garden and Pet, Companion Fund and
8 other Investors
Vouchr (2013, Toronto, $1.5M, Seed)
Payments platform for B2C or C2C services
Two Small Fish Ventures, FINTOP Capital, Wells Fargo
Startup Accelerator and 3 other Investors
Dynaleo (2018, Nisku, $39.8K, Seed)
Developer of cannabis based edible products
Canopy Riversand
Replica Analytics (2019, Ottawa, $1.0M, Seed)
Solutions to generate synthetic data
FACIT,Mitacsand
Realize Medical (2019, Ottawa, $17.5K, Grant (prize
money))
Developer of VR platform for creating 3D medical
models
Maple Leaf Angels,Capital Angels Network,York Angel
Investorsand
SnapAP (2009, Dieppe, $50.0K, Seed)
Solutions for accounts payable management
Innovacorp,New Brunswick Innovation Foundationand
Harris Computer (1976, Ottawa, Unfunded)
Acquires and manages vertical market software (VMS)
businesses across multiple sectors
Constellation Softwareand
Promoty (2017, Toronto, $1.4M, Seed)
Provider of influencer marketplaces
Vijay Sharmaand
Bright (2017, Halifax, $100K, Seed)
Provider of suite of online services for workplaces
The Brandery, Ramen Ventures, Right Side Capital
Management and 2 other Investors
Argentum (2020, Cobourg, $250K, Seed)
Provider of IoT-enabled building automation solutions
SDTC,HAX,Centricaand
QK Labs (2014, Toronto, Unfunded)
App-based platform for text messaging

15
GOODEE (2018, Montreal, $1.5M, Seed)
Online marketplace offering multi-category
home-improvement products
Good & Well, Joe Mimran, BDC and 2 other Investors
Lunata Beauty (2018, Concord, $3.0M, Series A)
Internet-first brand of hair appliances & accessories
Gibraltar Venturesand
Nudge (2013, Toronto, Unfunded)
Digital employee communication platform provider
Ekona (2017, Vancouver, $2.3M, Seed)
Producer of hydrogen for industrial applications
Evok Innovations,BDCand
Softdrive (2019, Toronto, $800K, Seed)
Cloud based remote access software
Globalive Capital, The DMZ, Garage Capital and 2 other
Investors
Square Enix Montreal (2011, Montreal, Unfunded)
Video game developer focusing on casual games
AnotherByte (2020, Toronto, Unfunded)
Mobile game developer focusing on casual games
CTV News (2000, Toronto, Unfunded)
Online platform providing multi-category news
54e Dev Studios (2019, Regina, $1.3M, Seed)
Competitive live game developer
Conexus Credit Union, SaskWorks Venture Fund, Broad
Street Bulls and 1 other Investors
Mako Financial Technologies (2018, Westmount,
Undisclosed, Angel)
Deal discovery & administration platform
Desjardins Capital, Rodney Dobson, Mary Karamanos
and 2 other Investors
Aprio Board Portal (2003, Vancouver, $1.0M, Seed)
Cloud-based board meeting management software
provider
Timia Capitaland
Avesdo (2014, Vancouver, Unfunded)
Real Estate transaction management software
Impression Venturesand

16
Powered by People (2018, Toronto, $1.5M, Seed)
Provider of B2B digital platform to manage handmade
businesses
TBD Angels, Founders Factory Africa, Matt Kalish and 1
other Investors
ProgressionLIVE (2006, Trois-rivieres, Unfunded)
Cloud-based suite solutions for enterprise collaboration
ReFuel Mobile (2018, Hensall, Undisclosed,
Conventional Debt)
App-based platform offering fuel delivery services
Pomelo Health (2012, Montreal, $3.2M, Seed)
Digital patient engagement tool for healthcare
professionals
Goodable (2020, Toronto, Undisclosed, Seed)
AI-driven platform offering multi-category news
Googleand
Cellula Robotics (2001, Burnaby, Unfunded)
Provider of surface and underwater robots
Alacrityand
Kama DEI (2014, Toronto, Undisclosed, Seed)
Provider of an AI-based emotional intelligence platform
Chapleau Cree,and
Spaceful (2016, Montreal, $1.3M, Seed)
Offers a platform for leasing on-demand self-storage
units
Rivemont,François Arbourand
Quanser (1989, Markham, Unfunded)
Provider of robot systems and parts
C15 (2019, Oakville, Unfunded)
Cloud based cannabis quality and compliance
management software provider
Poseidon Asset Managementand
Rugged Monitoring (2018, Quebec City, Unfunded)
Manufacture of cloud-based fibre optic temperature
sensors
Safety Admin (2020, Unfunded)
SaaS-driven field safety monitoring solution for
construction professionals

17
ToScale (2019, , Undisclosed, Seed)
Algorithm-based trading platform for cryptocurrencies
Infodriverand
Willow (2001, Toronto, $1.0M, Seed)
Alternative investment platform focused on real estate
projects
Martin Liddell,Hardenand
SuperPOLYGON (2010, Toronto, Unfunded)
VR gaming content development company
Spot Dog Walkers (2016, Calgary, Unfunded)
Platform offering dog walking service
Red Thread Venturesand
ARMS (2021, Unfunded)
Cloud-based package management software for
enterprises
PathFactory (2019, Toronto, Unfunded)
Platform offering software to understand content
performance
Trend Reports (2004, Toronto, Unfunded)
Artificial intelligence based platform for gaining
consumer insights
CiM Maintenance (1997, Brossard, Unfunded)
Online software for digital assets management
SimforHealth (2008, Montreal, Unfunded)
Provider of VR-based healthcare training solutions
AirvancedTech (2020, Calgary, Unfunded)
Provider of a drone application for air traffic
management
DealerAI (2017, Markham, Unfunded)
Provider of AI and cloud-based customer support
chatbots for car dealers
VTRAC Robotics (2017, Toronto, Unfunded)
Provider of UGV professional robot systems for multiple
applications

18
Bria Teams (2018, Vancouver, Unfunded)
Team communication and task management software
StrobelTEK (2017, St. John's, Unfunded)
Provider of fully autonomous multi-utility UAV systems
PakFactory (2015, Markham, Unfunded)
Cloud-based customized packaging manufacturing
solution for enterprises
Clean VR Headset (2018, Unfunded)
Provider of a solution to clean VR headsets

IPO Date Company IPO Mcap Exchange Ticker
30 Aug 2021
Invest ABTC (2021, , )
Alternative investment platform for Bitcoin impact investments
TSX:ABTC
30 Aug 2021
ApartmentLove (2015, Calgary, )
Online listing platform for residential rental properties
CSE:APLV
IPOs
List of IPOs in Canada Tech in August 2021
Canada Tech: IPOs
19

Acquisitions (1/3)
List of Acquisitions in Canada Tech in August 2021
Canada Tech: Acquisitions
20
Acq. Date Company Acquirer Deal Size
02 Aug 2021
crea-ture Studios(2015, Montreal)
Video game developer focusing on casual games
Nacon
02 Aug 2021
iWeb(1996, Montreal, $4.3M)
Cloud hosting, server hosting and virtualization
LeaseWeb
03 Aug 2021
Heyday.ai(2016, Montreal, $6.6M)
Provider of chatbots solutions
Hootsuite $48.0M
03 Aug 2021
Mazooma(2009, Toronto)
Payments provider for online bank transfers
Nuvei
04 Aug 2021
Business of Cannabis(2017, Toronto)
Provider of an online content platform for cannabis industry
information
Prohibition Partners
04 Aug 2021
eScribe(2008, Markham, $0.3M)
Meeting management solutions
OnBoard
05 Aug 2021
Sapient Technology(2021)
Platform offering plant-based food products
Rockshield Capital
05 Aug 2021
Integra(2018, Calgary)
AI-driven platform offering data analytics solutions to the oil & gas
industry
NowVertical Group
05 Aug 2021
theScore(2012, Toronto)
Mobile first sports news platform
Penn National Gaming
05 Aug 2021
Nanotech Security(1984, Burnaby)
Provider of nano-optical technology and material for
anti-counterfeiting
Metamaterial $90.0M

Acquisitions (2/3)
21
06 Aug 2021
Archetype Themes(2017, Toronto)
Marketplace for themes and templates
Wecommerce $20.0M
09 Aug 2021
Score Media and Gaming(2012, Toronto)
Provider of online sports betting and information platform
Penn National Gaming
09 Aug 2021
CoreHealth(2004, Kelowna)
Corporate wellness platform
Carebook
10 Aug 2021
Kira Systems(2011, Toronto, $50.0M)
Contract analytics and due diligence software
Litera
11 Aug 2021
Tranquility(2018, Halifax)
Online platform for anxiety management
GSC
12 Aug 2021
rob0(2018, Montreal, $0.7M)
AI enabled analytics solutions provider for video games
OnMobile
12 Aug 2021
EcoTuned(2011, Montreal)
Reusable electric drive system for EV conversion
Micro Bird
12 Aug 2021
S-FRAME Software(1981, Richmond)
Structural engineering software for industrial and commercial
structures
Altair
12 Aug 2021
Jobillico(2010, Quebec City, $8.0M)
Job posting and candidate search solution for organizations
Harris Computer
16 Aug 2021
Cubeler(2015, Montreal)
Membership-based business development ecosystem
Peak Fintech Group

Acquisitions (3/3)
22
18 Aug 2021
One45(2001, Vancouver)
Provider of medical education management software
Altus Assessments
18 Aug 2021
CURO(2010, Ottawa, $10.0M)
Offers employee compensation management solution for
businesses
PayScale
23 Aug 2021
edjuster(2000, Ottawa)
Cloud-based claims management software provider
Crawford & Company
23 Aug 2021
Pathways Training and eLearning(2005, Toronto)
Provider of a learning management system
Pluribus Technologies
23 Aug 2021
Trillium Therapeutics(1996, Toronto)
Developer of therapeutics for the treatment of cancer
Pfizer $2200.0M
27 Aug 2021
Flinks(2016, Montreal)
Open banking API solutions for financial institutions
National Bank of Canada $81.5M
30 Aug 2021
EZ Exchange(2018, Toronto)
Decentralized cryptocurrency trading platform
Wee-Cig
30 Aug 2021
Carnivore Club(2013, Toronto, $0.0M)
Online marketplace offering meat
EMERGE Commerce

Recent News (1/2)
Recent News in Canada Tech in August 2021
Canada Tech:News
23
Exit News
.
● Litera Agrees to Acquire Leading Machine Learning Contract Analysis Company,
Kira Systems Financial Post
.
● Penn National to buy sports-betting firm Score Media for $2 billion New York Post
.
● Hootsuite Acquires Heyday, a Conversational AI Company, for $48 Million The
Wall Street Journal
.
● Altair announces acquisition of S-FRAME Software newelectronics.co.uk
.
● Hg buys majority stake in Waterland-backed Serrala Unquote
.
● ProSites Expands to Canada with Two New Strategic Acquisitions MarTech Series
.
● Crawford expands North American capabilities through acquisition Intelligent
Insurer .
● PE-backed WeCommerce buys Archetype assets PE Hub
.
Fund News
.
● Yaletown Partners Announces Closing of Innovation Growth Fund II CNW
.
People News
.
● Titan Medical Announces Appointment of Tammy Carrea as Vice President of
Quality and Regulatory Affairs Business Wire
.
● Mitel Accelerates Business Transformation with Addition of New Executive
Leaders Calgary Herald
● FansUnite Entertainment says it has appointed Michael Lee as vice president of
Gaming Proactive Investors
.
● Raffles Udaipur Appoints GM And Directors traveltrendstoday.in
.
● Currencycloud Hires Industry Heavyweights For Coo & Cto Roles Following
Strong H1 Growth Financial IT
.
● Jagex strengthens executive leadership as Rashid Varachia is appointed Chief
Financial Officer Cambridge Network
.
● PlantX Appoints Lorne Rapkin as New CEO and Announces Other Management
Transitions ICrowdNewswire
.
● Wondr Gaming announces the appointment of Max Desmarais as a Chief
Strategy Officer Investing News
.
Company News
.
● ROSA® Hip System FDA Cleared Reports Zimmer Biomet Medical Device News
Magazine .
● Cardiol Therapeutics Receives FDA Clearance Investing News
.
● Ortho Regenerative Technologies Announces Extension of FDA Clinical Hold of
ORTHO-R Investigational New Drug A... CNW

Recent News (2/2)
Recent News in Canada Tech in August 2021
Canada Tech:News
24
● Neovasc files COSIRA-II study protocol supplement with the U.S. FDA Seeking
Alpha
.
● PharmaTher Granted FDA Orphan Drug Designation for Ketamine to Treat ALS
Stockhouse
.
● Cannabix gets U.S. patent for FAIMS drug screening device Seeking Alpha

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Tracxn - Monthly Report - Canada Tech - August 2021

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Tracxn - Monthly Report - Canada Tech - August 2021