Ecosystem Name sees its lowest quarter in number of reported deals

Yearly Perspective           

So far in , and .

Also of note, there are 21 companies in Waterloo Region who have not reached Series A in 18 months after their Seed round (beginning in 2019, who did not go out of business). This equates to 66% of all Waterloo Region's Seed stage companies. If we compare this percentage to other ecosystems across Canada: Quebec has 44% of its Seed companies that have not reached Series A in 18 Months, BC has 32%, Toronto has 28% and Alberta has 26%.

Quarterly Review           

In , ’s tech ecosystem had investments totaling CAD. saw a in total investment and a in the number of deals compared to last quarter. If you look back to , this quarter has seen the total investment by and the number of deals .

July

• Jennifer Paxton joins Smile.io as VP People
• Jordan Fox joins Skywatch as their new Senior Sales Director
• Bart Pirowar is now Head of Product at DarwinAI
• Peter Berczi joins MarshallZehr Group as CEO
• Shaun Cawley joins Clearco as their Director of Talent
• Rob Khazzam, former head of Uber Canada has joined FinTech startup Float as CEO
• April Clark now VP People and Culture @ Skywatch
• Eran Ben-Ari joins BenchSci as Chief Platform Officer
• Sean Erjavec has joined Viafoura as SVP Revenue after successfully leading revenue growth and strategy at Bridgit
• Ryan D'Souza now CRO at Shop-Ware
• Chris Bondhus is now VP Marketing at Igloo
• Evan Clark is now Executive Director at GTAN - Golden Triangle Angel Network
• Harrison Levy is no the Director, Product Marketing at Resolver
• Davis Neable is now Director of UX at Humi
• Steven Woods, former Google Canada Engineering Lead joins Inovia as a Partner and CTO
• Pam Martin, former Director of Customer Success at Sortable joins PointClickCare as Director, Digital Customer Success
• Tanzina Alam previously at Saage joins Shopify as Global Head of Go to Market
• Chris Inch, former Senior Software Development Manager at Shopify joins Wealthsimple as their new Director of Engineering
• Rahul Khanna is the new Sr Director of Product Management at SSENSE
• Jason Karsh is now CMO at Rewind
• Martin Piszel joins Coinsquare as CEO

August

• Kevin Birch has joined Koble as CTO
• Lindsay Cournoyer former VP of Marketing at Axonify joins Coconut Software as CMO
• Walid Habboub is now the VP of Sales at Alcumus
• Brian NeSmith, Co-founder of Arctic Wolf, is stepping down as CEO and Nick Schneider will be stepping up
• Joan Leroux, previously SVP Global Sales and Customer Success at Adlib Software, joins Kipu Health as CRO
• Dave MacFarlane joins Miovision as their new Head of Security
• Meghan Smith  is the new VP, People Experience at Lane
• Matt Schurk and Jessica Hately have joined Top Hat as Chief Revenue Officer and Chief Legal Officer
• Aleksandra Baran joins TextNow as VP Finance
• Butch Langlois is now CRO at Procurify
• Colin Lumsden joins Applyboard as VP Partner Relations
• Whitney Susanna joins IcebergIQ as Client Research Director
• Kelly Braiden is now People Business Partner Lead @ inVision
• Craig Wahl joins Boast.ai as SVP of Customer Success
• Sean Tozer, is now VP Eng at ClearCo
• Jodi Kovitz is now Chief Growth Officer as Vetster
• Jeff Roy joins BioRender as their Head of Sales
• Rob Darling is the CEO and Co-Founder of a new venture, briefed.in 
• Nick Stein joins Pocket Health as CMO
• Mike Wessinger moving to the executive chair role as his co-founder and brother, Dave Wessinger, takes over as CEO at PointClickCare
• LMN adds five new leaders to their team; Matt Braun, Vice President, Communication, Ken Duncan, Vice President, Sales, Annette Mendezcuria, Human Resources Manager, Brandon Powell, Vice President, Acquisition and Michael Sousa, Director, Payments

September

• Kara Parkinson joins Alcumus as VP Marketing
• Chris Long is now VP Product at Nudge
• Janeen Speer, former Shopify VP Talent, joins Benevity
• Eric Ritter joined Virtek Vision as Senior Director, Services
• Lynda Chau joins Bluedot as VP Marketing
• Marko Savic is now, CMO at Powernoodle
• Raghavendra Iyer Whetstone AI as Head of Data Platform
• Sarah McMullin is now a Product Manager at Google
• Heather McManus and Gayle Asselstine join Nobul as Head of People and VP Finance at
• Scott Marnoch is now VP Strategy and Business Development Life Sciences at ATS Automation
• Tiziana Figliola is joining Vancouver-based Hootsuite as CFO
• Brent Giles is now an SVP at LMN
• JP Bhavani joins Daylight as CTO
• Jesper Bendsten joins Lightspeed as Head of Talent
• Jay Sweeney is now Sales leader at Demandtech
• Lauren Epstein joins StandUp Ventures as Partner as they announce a new fund for Women-Led startups
• Naomi Lipowski is the new VP Product at Rocket Doctor
• Whitney Bell joins Clutch as VP Marketing
• Kevin Callahan joins Medchart as VP of Product Design and Research
• Nick Stein, former Top Hat CMO, joins PocketHealth as its first CMO
• Daniela Cristea joined Wrapbook as VP of Sales, Kevin Prince as Director of Success, and Dan Pastuszak as Director of Growth Marketing
• Former member of parliament and innovation minister Navdeep Bains has joined CIBC as vice-chair of global investment banking