Funded Commerce and Shopping Startups in Canada
Toronto is the dominant hub, accounting for roughly 23 of the 50 companies shown, including Clutch (Series D, $35M, February 2025), Rebelstork (Series A, $…
Toronto is the dominant hub, accounting for roughly 23 of the 50 companies shown, including Clutch (Series D, $35M, February 2025), Rebelstork (Series A, $18M, September 2024), and Clearco ($100M, October 2023). Activity extends to British Columbia — Solink (Series C, $60M, July 2023), Konscious Foods, and Bruush — and to Quebec, where seed-stage companies Leav, QuoteMachine, and Bridgr closed rounds between late 2023 and early 2024.
Round sizes span multiple orders of magnitude. The two largest disclosed raises are Clearco's $100M and Solink's $60M Series C, both from 2023. At the other end, Folds Wear, Mahara Mindfulness, and Remix Snacks each recorded exactly $10K on February 5, 2025, consistent with a grant program rather than venture capital. The 25 rounds dated to 2023 make that year the most active in this dataset; 2025 data runs through August and already includes 13 entries led by Clutch's $35M Series D and Enterprise Group's $29M.
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Frequently asked
What are the largest disclosed rounds among these Canadian commerce and shopping companies?
Clearco leads at $100M (October 2023), followed by Solink's $60M Series C (July 2023) and Clutch's $35M Series D (February 2025). Enterprise Group ($29M, April 2025) and Quadshift ($23M, February 2025) round out the top five disclosed amounts in the dataset.
Which cities have the highest concentration of funded companies in this segment?
Toronto accounts for approximately 23 of the 50 companies listed, including both the largest single round (Clearco) and the most recent Series D (Clutch). British Columbia cities — Vancouver, Kelowna, Richmond, and Victoria — contribute around seven companies, and Quebec cities including Montreal, Beloeil, and Laval add another seven.
What funding stages are most represented in this dataset?
The majority of rounds carry a "Series Unknown" label. Among identified stages, seed is the most represented, covering Cookin ($13M), Konscious Foods ($20M), QuoteMachine ($4M), Three Ships Beauty ($3M), and Moselle ($2M), among others. Five companies reached Series A or later — Rebelstork, Porta, VitaminLab, Solink, and Clutch.
Are the $10K entries genuine venture capital rounds?
Folds Wear, Mahara Mindfulness, and Remix Snacks each show exactly $10K raised on February 5, 2025, which is consistent with a coordinated grant disbursement rather than institutional investment. Similar small-dollar patterns appear for Engagement Agents and Pepper North Artisan Foods ($30K each, June 2023) and Yahk Soap & Candle ($60K, January 2025).
How does 2023 compare to 2024 and 2025 in terms of funding volume in this segment?
The 2023 cohort comprises 25 of the 50 rows and includes the two largest disclosed rounds — Clearco's $100M and Solink's $60M Series C. 2024 shows 12 entries with a top disclosed round of $18M (Rebelstork, Series A). The 13 entries dated to 2025 through August are led by Clutch's $35M Series D and Enterprise Group's $29M.
Which sub-sectors appear most within this commerce and shopping funding data?
Company names point to clusters in food and beverage (Cookin, Konscious Foods, Remix Snacks, Forbidden Spirits Distilling Co, Pepper North Artisan Foods), beauty and personal care (Three Ships Beauty, Yahk Soap & Candle, Bruush), specialty retail (Candy Funhouse, Mastermind Toys, High Tide), and commerce infrastructure tools (Clearco, QuoteMachine, Northern Commerce, SearchEye).
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