From Waterloo to Vancouver, Canadian tech hubs chalked up a number of significant venture rounds in 2013. In fact, the 10 largest venture capital financings in Canada last year took in over $500 million in aggregate funding. While Canadian venture investors participated in a number of the largest fundings, U.S.-based VC firms from Accel to Insight Venture Partners also poured sizable amounts into Canadian startups in 2013.
The largest Canada-based financing deal of 2013 went to Hootsuite whose $165M Series B was larger than all VC funding into the social media monitoring category between Q2’12 and Q1’13. Hootsuite’s mega round was followed by eCommerce enablement platform Shopify’s $100M Series C round, which propelled the firm into an exclusive group of startups valued at $1B or more.
The table below highlights the diversity of industries represented in the largest VC rounds in Canada, which range from eCommerce to renewables to mobile messaging.
For more Canadian VC financing data and interactive rankings, check out the CB Insights Venture Capital Database. Sign up for free below.