Funded Commerce and Shopping Startups in Vancouver
Vancouver's commerce and shopping funding activity in this dataset spans April 2020 through November 2024, with a pronounced cluster of deals in 2022.
Vancouver's commerce and shopping funding activity in this dataset spans April 2020 through November 2024, with a pronounced cluster of deals in 2022. Six of the eleven rounds closed that year, including Monos's $30M Series B in September and Elastic Path Software's $30M round in December — the two largest disclosed raises shown. The segment covers a wide range of business models, from Canada Drives (automotive retail, $7M in October 2022) to Fable (Series A, $7M in July 2022) to BuildDirect, which used Post-IPO Debt to raise $3M in February 2022.
Round structures vary considerably: alongside standard venture equity, the data includes a Private Equity deal (Chrysalis, August 2022), a Post-IPO Debt instrument, and several rounds categorized only as Series Unknown or Venture - Series Unknown. The most recent entry, REITIUM, closed an undisclosed round in November 2024. All eleven companies are headquartered in Vancouver, British Columbia.
Most recent rounds
11 shownRelated listings
Frequently asked
What are the largest disclosed rounds among Vancouver commerce and shopping startups in this data?
Monos (Series B, September 2022) and Elastic Path Software (December 2022) each raised $30M, making them the largest disclosed rounds in this set. FORM closed a $12M round in April 2020, while Canada Drives and Fable each raised $7M in late 2022.
Which year saw the most funding activity in this segment?
2022 accounts for six of the eleven rounds shown, spanning companies across multiple stages — Elastic Path, Canada Drives, Monos, Chrysalis, Fable, and BuildDirect all closed rounds between February and December of that year.
How varied are the financing structures across these companies?
The data shows a notably mixed set of structures: Series A (Fable), Series B (Monos), Private Equity (Chrysalis), Post-IPO Debt (BuildDirect), and multiple Venture - Series Unknown rounds. This range reflects companies at very different stages of capital structure, not a uniform early-stage cohort.
Are there any companies with undisclosed round sizes?
Two companies — REITIUM (November 2024) and Chrysalis (August 2022) — list undisclosed amounts. REITIUM's round is also the most recent in the dataset, suggesting active but unannounced deal-making as recently as late 2024.
What is the smallest disclosed raise in this segment?
InvestX Capital raised $100K in a Venture - Series Unknown round in September 2021, the smallest disclosed figure in this data. Gaze raised $800K in June 2020, the next smallest.
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