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Inovia, Shopify back delivery startup Swyft in $22 million Series A round Swyft, a Toronto-based digital logistics startup, has raised $22 million CAD ($17.5 million USD) in Series A funding in a round co-led by Inovia Capital and with participation from Shopify. With just one year in-market after launching its offering, Swyft has seen positive momentum in its hometown and is now looking to replicate its same-day delivery model across Canada and into the United States. “Where Swyft plays and wins is in that middle between next day and on-demand, and that’s where the larges...

Swyft raises $17.5 million to bring same-day delivery to all the retailers that aren’t Amazon Thanks to major players like Amazon and Walmart, we’ve become accustomed to next- or same-day delivery. But the pandemic has also renewed our interest in buying from smaller businesses and retailers. Swyft, a company that has just raised $17.5 million in Series A, helps retailers of any size provide affordable same-day delivery. The round was co-led by Inovia Capital and Forerunner Ventures, with participation from Shopify and existing investors Golden Ventures and Trucks VC. Swyft is a marketpla...

Apr 7, 2021 1:00pm Startup Real launched last year to make healthcare services more accessible by providing on-demand group therapy. The company's model brings the monthly cost of mental health care down to $28 per month versus traditional one-on-one therapy that costs anywhere from $65 to $250 per session. (Getty/damircudic) The past year has put a spotlight on a growing mental health crisis as Americans face increased stress and anxiety during the pandemic. Startup Real launched last year to make healthcare services more accessible by providing on-demand group therapy. The company, based i...

Kirsty O'Connor/The Associated Press After joining Amazon.com as an engagement manager in 2019, Aadil Kazmi was inundated with calls from independent merchants he knew. They all wanted to know how they could get faster, affordable shipping for their online orders, just like the e-commerce goliath offered – and had conditioned online shoppers to expect. So he quit his $200,000-a-year job, abandoned his stock options and co-founded a company to provide the same level of speedy shipping to merchants in Amazon’s shadow. That was one year ago. On Wednesday, Mr. Kazmi’s Swyft Technologies Inc...

The Seed 25: The best female early-stage investors Cowboy Ventures; Floodgate; Structure Capital; Uncork Capital; Insider This story is available exclusively to Insider subscribers. Become an Insider and start reading now. There are thousands of seed investors but only a few who succeed repeatedly.  This list of the 25 best female seed venture capitalists is based on an analysis by Tribe Capital. The venture-capital industry is still an overwhelmingly male one, but progress is being made. Across the venture-capital industry, w...