5 SaaS Startups in Calgary

January 24, 2023

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SaaS startups have become the darling of Venture Capital investors, especially in Calgary. Over the past decade, software has proverbially “eaten the world” and SaaS companies have scaled to become unicorn corporations in staggering amounts of time.

In this article, we are examining 5 VC funded SaaS startups in Calgary .

Link Investment Management

Business solutions for equity, health plan administration, and workplace savings are offered by Link Investment Management. The Link team offers group plan solutions from our Calgary headquarters with the aim of improving retirement for all Canadians. With the help of our cutting-edge, entirely digital software-as-a-service (SaaS) business solution, plan administrators and plan participants can administer their benefits programs easily, affordably, and effectively. In order to develop the finest solutions at a competitive price, we work directly with businesses of all sizes as well as through channel partners. Visit our website at www.linkinvestmentmanagment.com for more details about Link Investment Management.

Company details:
Founders:
Brian McClennon
Founded:
2015
Based in:
Calgary, Alberta, Canada
Industries:
Consulting, Employee Benefits, Enterprise Software, Finance, Financial Services, FinTech, Retirement, SaaS, Software
Latest funding:
$2,017,474
Series A
26 October 2021
Total funding:
$9,242,107
Investors
Canaccord Genuity Group

Ontopical

In North America, 1.7 million RFPs with a total contract value of $750 billion are released annually by 95,000 local governments. For access to this job, the businesses that rely on it spend $56 billion USD annually on sales and marketing. They employ Ontopical, a prominent provider of marketing intelligence, to their benefit. Every week, our program scans and analyzes hundreds of municipal meeting agendas, minutes, and videos, giving customers the opportunity to forge important connections before suggestions are widely requested. Derrick Koenig, the CEO of the prior business, increased revenue to $5M and successfully exited. three months hence. Our next-generation machine learning system can automatically identify early signals of impending business possibilities for your company in 2022, allowing you to go in front of RFPs. We now monitor more than 15,000 towns.

Company details:
Founders:
Christiaan Fulton, Derrick Koenig
Founded:
2017
Based in:
Calgary, Alberta, Canada
Website:
Ontopical
Industries:
Enterprise Software, GovTech, Machine Learning, Procurement, SaaS, Sales, Sales Automation, Software
Latest funding:
$1,858,229
Seed
14 May 2021
Total funding:
$2,443,229
Investors
Berkeley SkyDeck Fund, GreenSky Capital

Provision Analytics

Provision Analytics creates practical and precise software for food processors and manufacturers. Its software package automates food safety processes, greatly reducing time spent on data input and recall procedures; this data links granular process data with production results, generating analytics that reduces food loss and quality deviations.

Company details:
Founders:
Chris Elias, Erik Westblom, Michael Gibbons
Founded:
2018
Based in:
Calgary, Alberta, Canada
Industries:
Agriculture, Analytics, Food and Beverage, SaaS, Software
Latest funding:
$4,750,000
Series A
17 November 2021
Total funding:
$7,950,000
Investors
Creative Destruction Lab (CDL), Builders VC, Protein Industries Canada, Serra Ventures, Trailhead Capital

StellarAlgo

Stellaralgo assists businesses in gathering, analyzing, and utilizing the data necessary to make wise business choices. It allows live audience business decision-making through its SaaS data platform, empowering properties to design the finest experience for the most ardent fans on the planet.

Company details:
Founders:
Vincent Ircandia
Founded:
2016
Based in:
Calgary, Alberta, Canada
Website:
StellarAlgo
Industries:
Analytics, Data Visualization, Digital Entertainment, SaaS, Software
Latest funding:
$10,410,201
Series A
10 November 2021
Total funding:
$15,712,949
Investors
RBC Capital Markets, NewBound Venture Capital, Thin Air Labs, Bluesky Equities, David Finocchio

VEERUM

VEERUM is a SaaS provider that applies digital technology to asset ownership, helping our clients build and maintain a better world. VEERUM's Asset Visualization Platform provides stakeholders with the latest tools and information to optimize asset outcomes. VEERUM provides a secure cloud-based web solution enabling data transparency across the entire asset lifecycle. It allows asset stakeholders to view aggregated asset data in the context of a 3D model. All information is available for a total audit history of the asset. We are the simplest and easiest to use solution on the market so you can stay ahead of the competition on your journey to digital adoption. Our clients are accelerating the transition to digital asset ownership, effectively building and maintaining the world’s critical infrastructure. Founded in 2014, VEERUM is a global software provider headquartered in Calgary, Alberta.

Company details:
Founders:
Amit Varma, Steve Fisher
Founded:
2014
Based in:
Calgary, Alberta, Canada
Website:
VEERUM
Industries:
Enterprise Software, Information Technology, Internet of Things, Project Management, Real Estate, SaaS, Software
Latest funding:
$7,400,000
Series A
3 February 2021
Total funding:
$16,431,871
Investors
Builders VC, Business Development Bank of Canada, Brick & Mortar Ventures, Blackhorn Ventures, Creative Ventures

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