OMERS Ventures
At the outset, it may seem as if the lackluster state of the European venture market may have motivated OMERS’ exit, but it appears that wasn’t the case.
Seeing significant M&A activity and repricing in the public insurtech cohort left us wondering about their private peers: Are the same trends at play and to what extent?
Falkon, a sales analytics platform that uses AI to attempt to show where successful product sales are occuring in an organization, today announced that it raised $16 million in a…
As state laws shift and abortion bans go into effect across the United States, companies are still trying to find ways to provide care while reimagining what healthcare should include.
Next Matter, a workflow automation platform for business operations, today closed a $16 million Series A funding round led by OMERS Ventures with participation from BlueYard and Crane Venture. The…
The company is creating a marketplace connecting local, regenerative farms in the 99 counties of Iowa to consumers purchasing boxes of beef, pork and poultry.
OMERS Ventures, Turner Construction team up to build the construction tech startup of their dreams
OMERS Ventures’ Principal Michelle Killoran has long been looking for a construction tech startup to invest in. The space is intriguing to her, but so far, she has not come…
After seeing 200%+ ARR growth, Occupier raises $10.5M to become the OS for corporate real estate teams
The COVID-19 pandemic has created all sorts of real estate issues for companies as it forced so many employees to work from home, leaving empty space all over the globe.…
As we have started to see the light at the end of the COVID-19 tunnel, food delivery has shaped up to continue to be a major business. In England, for…
Ireland’s Fonoa raises $20.5M to help digital-first businesses stay tax compliant as they scale globally
There are myriad tax pain points that come from selling goods, content or services globally. As the world has seen a surge in cross-border transactions, digital-first businesses face the challenge…
Ladder raises $100M on a $900M valuation for a platform selling flexible term life insurance
Life insurance has had a new lease on life in the era of insuretech, and today one of the companies building a business out of rethinking everything — from target…
Featured Article
Canada’s startup market booms alongside hot global VC investment
Canada’s startup industry seems to be benefiting from both domestic and international trends, a wide genre focus and more than one hub. Let’s talk aboot it.
Privacy tech continues cooking on gas. To wit: Non-tracking search engine DuckDuckGo has just revealed that it beefed up its balance sheet at the back end of last year with $100…
One of Canada’s top investors, John Ruffolo, is back from the brink with a new $500 million fund
John Ruffolo isn’t as famous as some investors, but he’s very well-known in Canadian business circles. The longtime head of Arthur Andersen’s tech, media and telecommunications practice, he joined OMERS…
Remote learning and training have become a large priority this year for organizations looking to keep employees engaged and up to date on work practices at a time when many…
Ultimate.ai, a virtual customer service agent builder, has closed a $20 million Series A round of funding, led by Omers Ventures with participation from Felicis Ventures and existing investors HV…
Dawn Capital, the London-based VC that focuses on B2B software, has closed its fourth and largest fund: $400 million that it plans to use to continue investing in early-stage startups.…
Featured Article
VCs are cutting checks remotely, but deal volume could be slowing
When COVID-19 began to shutter the United States economy, startups jumped into cost-cutting mode as expectations rose that venture capital was about to get a heck of a lot harder to raise. After all, prior downturns in the broader economy, and tech sector in particular, had taken a bite out…
Featured Article
14 VCs discuss COVID-19 and London’s future as a tech hub
The UK has created 63 tech unicorns in the past decade (according to Dealroom), and it almost goes without saying that the vast majority of those companies were based out of London, the country’s largest tech hub. Famously, London’s DeepMind, an AI startup, was acquired by Google in 2014 for…
OMERS Ventures, the venture capital arm of the Ontario Municipal Employees Retirement System (OMERS), has put together a new, $750 million fund to invest in both Europe and North America.…
Featured Article
Clearcover and Lemonade tout improving margins as they scale fundraising, ARR
Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between. Today we’re taking a quick glance at the venture-backed insurance space. On the heels of ARR milestones set by the well-capitalized Lemonade, another startup in the space, Clearcover, announced a…
Wefox Group, the Berlin-based insurtech startup behind the consumer-facing insurance app and carrier One and the insurance platform Wefox, is disclosing $110 million in a second tranche of Series B…
Earlier this year, Omers Ventures, the venture capital arm of Canadian pension fund Omers, outed a new €300 million fund aimed at European technology startups, having recruited local VCs Harry…
FirstVet, the Swedish startup that provides pet owners with on-demand video consultations with local, qualified veterinarians, has closed €18.5 million in Series B funding. The round is led by London-based…
Crunchbase raises $30M more to double down on its ambition to be a ‘LinkedIn for company data’
The internet and search engines like Google have made the world our oyster when it comes to sourcing information, but in the world of business, there remains a persistent need…
Omers Ventures, the venture capital arm of Canadian pension fund Omers, is officially launching a new €300 million fund aimed at European technology startups. Headed up by Harry Briggs, who…
Contentful, a Berlin- and San Francisco-based startup that provides content management infrastructure for companies like Spotify, Nike, Lyft and others, today announced that it has raised a $33.5 million Series…
Pro-privacy search engine DuckDuckGo, which offers an alternative to surveillance engines like Google, has quietly picked up $10M in fresh funding from Canadian pension fund Omers’ VC arm. The Globe and…
Nissan’s upscale auto brand Infiniti is putting down startup roots in Canada with a new accelerator designed to help spur growth of companies that focus on internet-of-things and smart city…
Canadian startup LEAGUE closed a $25 million Series A from OMERS Ventures this morning. The company aims to put the power of customizing healthcare coverage into the hands of employees…
