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S|W: The SaaS Weekly – Slack has a new CEO, again

The SaaS Weekly is a weekly newsletter covering major SaaS news from Canada and around the globe.

Australia , Kanata , Ontario , Canada , Waterloo , Toronto , Ottawa , Acton , Vancouver , British-columbia , United-states , Australian

SR&ED stress might be around the corner for startups come tax time

Welcome to BetaKit's startup stories of the week! Here, you will find the week's most important news, features, and editorials published on BetaKit.

Vancouver , British-columbia , Canada , Toronto , Ontario , Acton , Canadian , Lidiane-jones , Danielle-smith , Hannes-blum , Alex-riehl , Canada-revenue-agency

Trio of Canadian tech companies show progress towards profitability in earnings this week

Publicly-traded Canadian technology companies have recently been making good on their plans to reach profitability, and investors have been reacting positively.

Toronto , Ontario , Canada , Vancouver , British-columbia , Ottawa , Canadian , Toronto-stock-exchange-listed , Thinkific-labs , Vancouver-fintech , Lightspeed-commerce

Thinkific CEO Greg Smith On The Rise Of The Creator-Educator

Thinkific CEO Greg Smith shared insights on his company's latest creator economy report and what creators need to know about its findings.

United-states , Americans , Jill-koziol , Debbie-rosas , Greg-smith , Instagram , Linkedin , Twitter , Facebook , Pinterest , Learning-trends , Thinkific

Thinkific grew revenues by 152 percent in first quarter of 2021


Thinkific grew revenues by 152 percent in first quarter of 2021
Vancouver-based EdTech firm Thinkific managed to increase its revenues by 152 percent year-over-year in the first quarter of 2021, according to the company’s recently released financial results.
“The company’s strong financial results this quarter are a testament to the success of our customers.”
Thinkific’s Q1 2021 results are the first fiscal update provided by the company since it closed its initial public offering (IPO) and began trading on the Toronto Stock Exchange (TSX) on April 27. The Q1 results do not include Thinkific’s proceeds from the listing as it occurred after the end of Q1, March 31.

Toronto , Ontario , Canada , Matt-smith , Matt-payne , Greg-smith , Toronto-stock-exchange , Vancouver-based-edtech , Thinkific , Saas , Vancouver

Following full exercise of over-allotment option, Thinkific IPO reaches $184 million


Following full exercise of over-allotment option, Thinkific IPO reaches $184 million
Vancouver-based EdTech startup Thinkific’s initial public offering (IPO) now totals $184 million, after the deal’s underwriters exercised an over-allocation option that was part of Thinkific’s offering.
More recently, Thinkific launched an app store for course creators, a notable move for the company.
Last week, the Vancouver-based EdTech company closed its initial public offering at $160 million, issuing 12,310,000 subordinate voting shares at a price of $13 per share. The over-allotment option allowed underwriters to purchase an additional 1,846,500 subordinate voting shares at a price of $13 per share. The underwriters have exercised this option in full.

Toronto , Ontario , Canada , Matt-smith , Matt-payne , Greg-smith , National-bank-financial , Canaccord-genuity-corp , Toronto-stock-exchange , Vancouver-based-edtech , Cormark-securities , Stifel-nicolaus

Thinkific Launches the Thinkific App Store For Online Course Creators

Thinkific App Store to directly connect developers with 50,000 Thinkific course creators, fuelling the USD $350 billion online education market Course creators provided access to new range

Canada , Vancouver , British-columbia , Canadian , Josh-stanbury , Janet-craig , Neha-varshneya , Greg-smith , Prnewswire-thinkific-labs-inc , Thinkific-launches-the-app , Thinkific-app , Thinkific-app-store

S|W: The SaaS Weekly - Social media's next generation


S|W: The SaaS Weekly
The SaaS Weekly is a weekly newsletter covering major SaaS news from Canada and around the globe.
Subscribe to S|W using the form at the bottom of this page to ensure you don’t miss out on the most important SaaS news every week!
RECOMMENDED BY SAGE INTACCT:
If you don’t prepare ahead of time, you could get stuck not producing the key SaaS metrics that investors want to see when they’re considering investing in your next round.
Join Sage Intacct on Thursday, May 6 as Douglas Soltys, Editor-in Chief at BetaKit, moderates a dynamic discussion between Laura Lenz, Partner at OMERS Ventures, and David Appel, Head of Software and SaaS at Sage Intacct, on the importance of SaaS metrics and reporting to scale your business.

Arizona , United-states , Blackrock , Nova-scotia , Canada , Boston , Massachusetts , China , Edmonton , Alberta , Waterloo , Ontario