It’s been a busy month for Toronto’s startup community. There were raises (Nudge and FanXchange!), launches (Ritual rewards, Spaces), and the opening of incubator applications (Legal Innovation Zone and Creative Destruction Lab). As well, there’s been some Toronto companies being featured for the work they’re doing. We’ve rounded it all up below.
Nudge raises $6.5M seed round: Nudge, a OneEleven portfolio company led by former Eloqua executives, has raised a $6.5M seed round to help sales pros use relationships to find their best customers. (Betakit)
Launched: Spaces: Karel Vuong launces seethespaces.com to shine the spotlight on Canadian tech and innovation spaces. (Spaces)
Ritual introduces rewards program: Skip-the-takout-line app Ritual has launched a rewards program for customers. With 500 ordering options, the company says it is the largest loyalty program of its kind in Toronto. (Betakit)
FanXchange raises $5M series B: Live event ticketing solutions platform FanXchange has raised a $5M series B. Azure Capital Partners and Plaza Ventures led the round. (BetaKit)
A space for legal tech startups: The Legal Innovation Zone at Ryerson is hosting an access to justice challenge that will incubate six startups working in the legal tech space. Apply by June 24. (Ryerson)
More than 10,000 companies use Hockeystick: Fintech startup Hockeystick helps private companies share data with their investors in hopes that more transparency will lead to more opportunities for investment. (The Globe and Mail)
HonkMobile has 50,000 parking spots: HonkMobile brings together all kinds of parking options into one app that you can use to find, reserve and pay for your spot. (The Globe and Mail)
After the launch of TechVancouver earlier this year, TechTO launches TechWR to bring their successful meetup model to the Waterloo Region on June 20.
The sky is alight with…drones? Toronto startup Arrowonic is making drone technology for lighting up the sky in patterns and colours. So, kind of like fireworks, but without the explosions. (Bloomberg)
U of T’s Creative Destruction Lab is accepting applications for its fifth cohort. 36 startups will get 36 months of mentoring with some of Canada’s most successful entrepreneurs. Apply before August 15th.
Finally, the Stupid Shit No One Needs and Terrible Ideas Hackathon has provided a home for all those fun- but-ultimately-useless ideas we dream up every day. Among the hackathon projects is a pregnancy test where you pee on your phone (!) and a VR for Waiting to Enter a Conference Call that the Moderator Has Not Yet Joined.