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37 Canadian Startups Raise Combined $161 Million in March

How did Canadian startups fare in the funding scene last month?

To find out, we combed through Index.co data to take a closer look at Canada’s angel and venture capital activity.

In March, 37 startups disclosed total raises of more than $160 million USD combined, including Indochino and Influitive.

In February, 23 companies raised $31 million. In January, 22 Canadian tech startups disclosed a total of US $190 million in venture capital funding, including Zymeworks and Lendful.

In December 2015, 18 Canadian technology startups disclosed a total of USD $125 million, including Trulioo and Eventbase. In November, 19 Canadian technology startups disclosed a total of USD $92 million. In October, 22 startups disclosed a total of USD $168 million.

 

Company

City

Amount (USD)

Indochino

Vancouver

$30,000,000.00

Flexiti

Toronto

$25,000,000.00

Wave Accounting

Toronto

$22,100,000.00

Librestream

Winnipeg

$11,000,000.00

Influitive

Toronto

$8,200,000.00

Librestream

Winnipeg

$8,200,000.00

Loop Energy Inc.

 

$7,500,000.00

Wave HQ

Toronto

$6,700,000.00

Maintenance Assistant

Toronto

$5,000,000.00

Resolver

Toronto

$4,000,000.00

Archiact Interactive

Vancouver

$3,160,000.00

Nanoleaf

Toronto

$2,900,000.00

Volley

Toronto

$2,300,000.00

Giftagram

Toronto

$3,200,000.00

Social Navigator Inc.

Halifax

$2,000,000.00

NanoOne

Vancouver

$2,000,000.00

CrowdRiff

Toronto

$2,000,000.00

QD Solar Inc.

Toronto

$1,941,211.00

SpringLoaded Technology

Halifax

$1,900,000.00

Permission Click

Winnipeg

$1,750,000.00

SourceKnowledge

Montreal 

$1,500,000.00

Cyberpost

Mississauga

$1,500,000.00

Pyrowave

Montréal

$1,030,000.00

3Dprintler

Ottawa

$1,000,000.00

SkySquirrel Technologies

Hammonds Plains

$1,000,000.00

Aterlo Networks Inc

Kitchener

$761,259.00

BicDroid

Ontario

$720,000.00

QoC Health

Toronto

$700,000.00

Spectral Medical Inc.

Toronto

$637,500.00

Hockeystick

Toronto

$600,000.00

Unito

Montréal

$575,000.00

Aspire

Toronto

$566,822.00

HEARSHOTCO

Toronto

$550,000.00

replyapp.io

 

$400,000.00

semiosBIO

Vancouver 

$114,710.00

Spot money

Kelowna

$80,000.00

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