Q3 2019: Portfolio News and ActivitiesPortfolio
Before we head into the last quarter of the year, let’s take a few minutes to highlight some notable announcements made over the summer in the V1 portfolio.
Launches and product updates
Jobber launched several new automated sales and marketing features to help home services companies (like landscapers, electricians, plumbers, painters, and cleaners) grow their businesses. Jobber is blazing the trail for Alberta tech startups and was recently recognized by Canadian Business magazine as the second-fastest growing software company in Canada. It’s a good reminder that big companies can be built outside SV/SF.
Coinbase continues to explore support for new digital assets. In August, they acquired Xapo’s institutional businesses, crossing $7 billion in assets under custody to become the world’s largest crypto custodian.
Dapper announced Flow, a fast, secure, and developer-friendly blockchain built to support the next generation of games, apps, and the digital assets that will power them.
You can now earn BTC through Lolli by shopping at over 900 retail locations.
Top Hat awarded scholarships worth a combined $100,000 USD to five exceptional North American students for their academic achievements and the positive learning environments they helped foster.
Celo is launching an Ecosystem Fund, supported by Polychain and A16z.
Ada is partnering with FINCANEX to deliver AI-Powered customer service to financial institutions across Canada.
Fundraises and accolades
Laura Behrens Wu of Shippo was named to Inc’s second annual Female Founders 100 List, recognizing the women building America’s most innovative and ambitious businesses.
Blockstack raised $23M in token offerings.
Clio raised $333M in the largest growth-stage transaction in Canadian history. The Series D round was led by TCV and JMI Equity.
And as we head into another busy quarter, just a quick reminder that our companies are always hiring. If any of their work excites you, check out the job pages on their websites and join the V1 family 🙂