Pinterest Opens Toronto Office, Led by Former Facebook Exec

Just announced that Pinterest will be opening an office in Toronto. Good news for tech scene in Toronto kept on coming this month with companies like Microsoft, Google and Etsy opening offices here as well.

While other Canadian cities such as Vancouver and Montreal have their small successes when it came to attracting tech companies, nobody can argue that Toronto is a center of the universe when it comes to Canadian tech scene. Just last year it was announced that Toronto is the most rapid growth city when it came to IT hiring growth in North America.

This will be the one and only office in Canada for San Francisco based Pinterest . Office will be opening on October 1st this year.

Canadians save more than 4.5m ideas on Pinterest on daily basis.

Former Facebook veteran leader exec Erin Elofson will run the show for Pinterest in Canada.

Elofson said in an interview to Fortune Magazine:

“Pinterest is already deeply embedded in our culture and Canadians love Pinterest because they want to discover and try new things. They are relentlessly seeking inspiration to enhance their own lives.

Canadian businesses have the opportunity to offer the right products and services to Pinners to help them realize those aspirations and I’m looking forward to working with these businesses.”

Pinterest promised to Canadian advertisers  that they should be able to target French speaking customers by the end of the year.

Interesting fact about Canadian Pinners – top searches on Pinterest in Canada are “Tartan plaid” and “cabbage lasagna.”

Stay Classy Canada!

 

 

Vancouver Procurify Makes Corporate Purchases Easier

We sat down with Dani Hao , Communications, to talk about her company Procurify. This new startup out of Vancouver helps reinventing the way organizations spend. Procurify is a spend management software that empowers your team to make better more informed decisions when it comes to company spending.

Summarize your company in an elevator pitch.

Procurify is a software company based in Vancouver, BC, Canada that is helping organizations reinvent the way organizations track, manage and control spending. Procurify works and consults with growing organizations such as The Boring Company, Neuralink, Hootsuite, Samumed, Aurora Cannabis, and Cabify manage their indirect spending and purchasing processes.

Our vision is to help organizations cultivate a better spend culture through a simple-to-use software that employees actually enjoy using, and create a ‘smart spend hub’ that empowers leaders to make better financial decisions through data.

Unlike legacy solutions, ERPs and other expense tracking solutions, we believe giving the right tools and budget visibility back to employees and department leaders without sacrificing security and control, so that financial decisions can be made more proactively – as every employee has an equal say in creating the spend culture of an organization.

Who started the company? Do you / team members have tech background?

Procurify was founded in 2013 by three operations management students: Kenneth Loi (CRO), Aman Mann (CEO), and Eugene Dong (CTO). The trio were taking a course in operations management, where they had the opportunity to discover that the field of procurement is in dire need of disruption when it comes to technology.

As a school project, the trio decided to create a simple tool developed initially to help procurement managers track purchases, which became the first iteration of what Procurify became. To their surprise, the tool was well-received and implemented by a real life company who became Procurify’s first client – Asco Aerospace.

All three of Procurify’s co-founders worked in various fields before starting a business, and they had no prior tech experience. What they wanted to create was a company that cultivated an environment where everyone can reach their true potential.

How are you being financed?

We are a privately funded company. Our investors and advisors include the likes of Mark Cuban, Xero’s Jamie Sutherland, and Hootsuite’s Ryan Holmes.

We are backed by Runa Capital, Nexus Venture Partners, Point Nine Capital, BDC Capital, and Highline. We raised our $4m seed financing round in 2015, followed by a $7m series A in 2017.

What do you think will be / is a big obstacle to overcome?

When it comes to financial controls and spend management solutions, many organizations think that one-size-fits all enterprise solutions can solve all their problems under the sun.

The robust features and capabilities of legacy systems and other ERPs might be well-suited for financial reporting roles such as the controller or the CFO. However, for the people who are forced to use them to report spending and to request approvals for purchases, these spend solutions are tedious.

With long implementation timelines and hefty fees, organizations are coming to Procurify after experiencing the perils of adoption. Its product design philosophy is primarily focused on usability.

How do you go about finding good developers / IT guys for your company?

Culture is everything in Procurify – we believe in investing the time into developing personal relationships with our talent (aside from just reviewing their resume and seeing if they tick the technical boxes). This means inviting them over to the office to work on a real project, and having the whole team meet the candidate before moving them onto a technical interview.

What makes us unique is that in our office, you’ll find that our openness is a real thing. Mistakes are expected, being true to yourself is encouraged, building meaningful relationships is paramount, transparency is surprisingly commonplace, and our goal to improve people’s work lives isn’t just a catchy phrase, because it guides everything we do.

Although developers do build the heart of our product, they are given the freedom to pursue passion projects and work cross-functionally with other teams. In addition, we sponsor our team members to go to events, conferences and seminars that help bring their skills to the next level.

We foster an environment where people are given the opportunity to unlock their potential – to pursue their passions and build their dream career. Our culture is embodied in the way we work together, play together, and find a better way together one day at a time.

As part of our recruitment and employer branding, we feature one team member every week in our “Meet Us Mondays”, where we explore the daily lives and hobbies of all the amazing people who work at Procurify.

Microsoft is Opening Toronto Headoffice, 60,000 New Jobs Projected

Big news for Toronto today, Microsoft has announced that it will be opening a huge office downtown Toronto.

Microsoft is committed to Toronto, so much so, it will be investing $570 million dollars into the city and the province of Ontario. At first they want to hire 500 employees as well as 500 students, but they have also announced that with this new office they can see an estimated 60,000 new jobs to be created around the “Microsoft ecosystem. by the time they open at the end of 2020.  Right now Microsoft employs 2,300 employees across Canada.

Microsoft’s new office will be at 81 Bay Street taking over  CIBC Tower 132,000 sq. ft. with opening date in 2020.

Now that Microsoft has made this big decision, Amazon needs to make up their mind as well, and choose Toronto as well for their HQ2.

Some were dissatisfied with the announcement:

Microsoft also has offices in Vancouver where they they have development centre and Montreal where they have AI research lab. In a recent announcement they said in Vancouver they will be adding 50 employees, and 75 more employees in Montreal.

25 Canadian Startups Where People Want to Work at in 2018 / 2019, According to LinkedIn

Startups are changing the world. And Canada is no exception. We have thousands and thousands of hard working entrepreneurs eager to leave their mark on this great country and the world.

The new study conducted by LinkedIn found the most desirable 25 startups in Canada where people actually want to work at. If your startup did not make it – do not worry – LinkedIn could only profile startups with more than 50 employees and in business for 7 or less years.

This year the list consists mainly of Toronto companies with only three Montreal and one Waterloo companies making the list.

Top 25 Canadian Startups You Want to Work at in 2018/2019

Wealthsimple

Wealthsimple is investing on autopilot. We build you a personal, low-cost portfolio and put your money to work like the world’s smartest investors. We’re on a mission to bring smarter financial services to everybody, regardless of age or net worth.

Headquarters Toronto, ON

Year founded 2014

Company size 51-200 employees

Specialties wealth manager, financial advisor, investment manager, portfolio manager, and investment adivsor

Jobs https://ca.linkedin.com/jobs/search/?f_C=5208813&trk=top-startups-jobs 

Coinsquare

Coinsquare is Canada’s most secure digital asset trading platform for trading Bitcoin, Ethereum, and other digital currencies. Since our founding in 2014, we’ve never lost a coin.

Headquarters Toronto, Ontario

Year founded 2014

Company size 51-200 employees

Specialties Bitcoin, Blockchain, Digital Assets, Exchange, Trading, Ethereum, FinTech, Cryptocurrency, and Financial Services

Jobs https://ca.linkedin.com/jobs/search/?f_C=10160802&trk=top-startups-jobs

ElementAI

Element AI is an artificial intelligence solutions provider that gives organizations unparalleled access to cutting-edge technology. Bringing together the best in entrepreneurship, technology and academic ecosystems, Element AI is building an AI-First World to elevate our collective wisdom.

Headquarters Montreal, Quebec

Year founded 2016

Company size 201-500 employees

Specialties Artificial Intelligence, Machine Learning, Software, Operations Research, Consulting, Strategic Consulting, Incubator, Accelerator, and Startup Factory

Jobs https://ca.linkedin.com/jobs/search/?f_C=2978982&trk=top-startups-jobs

League

League Inc. is re-imagining employee health benefits, and is on a mission to empower people to live healthier, happier lives —every day.

Headquarters Toronto, Ontario

Year founded 2014

Company size 51-200 employees

Specialties Insurance, Health Benefits, Employee Health Benefits, HR, Mobile App, Life Insurance, Insurance Broker, Benefits, Employee Benefits, Healthcare, Healthcare Administration, Fintech, Health Insurance, Insurtech, Human Resources, HR, and Digital Health

Jobs https://ca.linkedin.com/jobs/search/?f_C=5401900&trk=top-startups-jobs

Kira Systems

Kira Systems helps enterprises uncover relevant information from their contracts.

Headquarters Toronto, Ontario

Year founded 2011

Company size 51-200 employees

Specialties contract review software, lease abstraction, M&A due diligence, and contract management database population

Jobs https://ca.linkedin.com/jobs/search/?f_C=9344231&trk=top-startups-jobs

Tribal Scale

The TribalScale team spent the past decade accelerating the mobile revolution. We helped drive the shift as the web gave way to mobile. Now, as mobile usage surpasses web, we are on the brink of the next shift, from mobile to emerging technologies. As architects of the products that bridged the last gap, we’re prepared to help companies evolve into a new era of innovation.

Headquarters Toronto, ON

Year founded 2015

Company size 51-200 employees

Specialties Mobile Software Development, Android, iOS, tvOS, Smart TV, watchOS, OTT, UI Design, UX Design, Extreme Programming, Agile Development, Beacons, Smart Car, Sensors, Open Source Software, and Pair Programming

Jobs https://ca.linkedin.com/jobs/search/?f_C=10275251&trk=top-startups-jobs

Ample Organics

Ample Organics is a global leader in cannabis technology, providing innovative business solutions that facilitate compliance with government regulations.

Headquarters Toronto, Ontario

Year founded 2014

Company size 51-200 employees

Specialties Seed to Sale Software, Tracking and Reporting, Cannabis Software, Compliance Software, Product Development, Software Engineering, Product Support, Data Security, ACMPR Compliance, Cannabis Consulting, Inventory and Sales, Technology, and Software Development

Jobs https://ca.linkedin.com/jobs/search/?f_C=6424588&trk=top-startups-jobs

Ritual

Ritual is a social ordering app that taps networks of co-workers and colleagues for fast and easy pick up and pay at a wide variety of local restaurants and coffee shops.

Headquarters Toronto, Ontario

Year founded 2014

Company size 11-50 employees

Jobs https://ca.linkedin.com/jobs/search/?f_C=10038123&trk=top-startups-jobs

Loopio

Loopio’s RFP response software streamlines the way enterprises respond to RFPs, RFIs, and Security Questionnaires. Our platform makes sales content accessible and enables collaboration across the organization.

Headquarters Toronto, ON

Year founded 2014

Company size 51-200 employees

Specialties Proposal Management Software, Proposal Software, RFP Response, Sales Effectiveness, Proposal Writing, Knowledge Management, and RFP Software

Jobs https://ca.linkedin.com/jobs/search/?f_C=5020707&trk=top-startups-jobs

Flow

We are North America’s first social water brand, dedicated to the pursuit of positive experience and providing the highest quality water in the world, with a reduced environmental footprint. Founded by serial entrepreneur, Nicholas Reichenbach, Flow offers consumers the healthful benefits of drinking naturally alkaline spring water from a local and sustainable source.

Headquarters Toronto, Ontario

Year founded 2014

Company size 11-50 employees

Jobs https://ca.linkedin.com/jobs/search/?f_C=9423769&trk=top-startups-jobs

Planswell

Planswell is a team of really smart people working together to change the financial industry for the better. We started by building software that uses proven principles of financial planning to calculate how to maintain the best possible standard of living throughout your life. Tens of thousands of Canadians have created plans with us, and we’re focused on reaching as many people as possible.

Headquarters Toronto, Ontario
Year founded 2015
Company size 51-200 employees
Specialties Personal Financial Planning, Technology, Investment Advising, Online Wealth Management, Insurance Planning, and Mortgage Financing

Jobs https://www.linkedin.com/company/planswell/?lipi=urn%3Ali%3Apage%3Ad_flagship3_pulse_read%3BhAPxjmicQzafquWO%2FPRNWA%3D%3D

Stackadapt

StackAdapt is the no. 1 performing native advertising platform helping brands accelerate customer engagement and acquisition. This state-of-the-art platform is where some of the most progressive work in machine learning meets cutting-edge user experience. Ranking the highest in customer satisfaction and performance by G2 Crowd in the DSP category for the fourth time, StackAdapt is one of the fastest growing companies in Canada and ranks 6th in Deloitte’s Technology Fast 50 ranking and 23rd in Fast 500 in North America.

Headquarters Toronto, ON

Year founded 2013

Company size 51-200 employees

Specialties Native Advertising, Content amplification, Programmatic Native Advertising, Demand-Side Platform, Programmatic Media Buying, Native Ads, In-feed Native Advertising, Content Distribution, video advertising, and Ominchannel Advertising

Jobs https://ca.linkedin.com/jobs/search/?f_C=5045143&trk=top-startups-jobs

Thalmic Labs

Thalmic Labs is pioneering new ways of interacting with digital devices. With a mission to merge people and technology, the company is revolutionizing how we will interact with technology in the future. Its first product, the Myo™ armband, measures electrical activity in muscles to wirelessly control computers, phones and other digital technologies, resulting in seamless interaction between humans and devices.

Headquarters Kitchener, Ontario

Year founded 2012

Company size 51-200 employees

Specialties Human Computer Interaction, Wearable Technology, Research and Development, and Gesture Control Technology

Jobs https://ca.linkedin.com/jobs/search/?f_C=2734938&trk=top-startups-jobs

Prodigy Games

Imagine an entire generation of kids around the world rushing home to do their math homework because it was seamlessly integrated into their favourite video game. That’s Prodigy, and we are revolutionizing the way the world learns math.

Headquarters Greater Toronto Area / Burlington, Ontario

Year founded 2011

Company size 51-200 employees

Specialties E-learning, Game Development, Education Technology, and Emotion Based Learning

Jobs https://ca.linkedin.com/jobs/search/?f_C=2544361&trk=top-startups-jobs

Dialogue

Dialogue offers a range of healthcare services to employees and their families. We work hard to keep individuals healthy, present at work, productive and happy.

Headquarters Montreal, Quebec

Year founded 2016

Company size 51-200 employees

Specialties Healthcare, Telemedicine, Employee Benefits, and Health & Wellness

Jobs https://www.linkedin.com/company/dialogue-md/?lipi=urn%3Ali%3Apage%3Ad_flagship3_pulse_read%3BhAPxjmicQzafquWO%2FPRNWA%3D%3D

Collective Arts Brewing

Collective Arts Brewing is a grassroots beer company fusing the craft of brewing with the inspired talents of emerging artists, musicians, photographers & filmmakers. Our brewery is dedicated to promoting artists and raising the creative consciousness through the sociability of craft beer.

Headquarters Toronto Area / Hamilton, Ontario
Year founded 2013
Company size 11-50 employees
Specialties Beer, Craft Beer, Art, Music, Film, Collaboration, Visual Art, Call for Art, and Design

Jobs https://www.linkedin.com/company/collective-arts-brewing/?lipi=urn%3Ali%3Apage%3Ad_flagship3_pulse_read%3BhAPxjmicQzafquWO%2FPRNWA%3D%3D

Rangle

Rangle is a digital transformation consultancy that plans, designs and builds innovative applications for leading global clients. Our unique approach to partnership-based development ensures clients can move quickly from ideation to implementation.

Headquarters Toronto, ON

Year founded 2013

Company size 201-500 employees

Specialties Lean/Agile consulting, Dev Ops, Program Management, Product Management, UX Research, Customer Journey Mapping, Service Design, Design Systems, and Building end-to-end continuous innovation processes that link strategy to end-users

Jobs https://ca.linkedin.com/jobs/search/?f_C=5018494&trk=top-startups-jobs

Tulip

Tulip is a mobile application provider focused on empowering workers in retail stores. Partnered with Apple, Tulip’s mission is to harness the power of the world’s most advanced mobile technology to deliver simple-to-use apps for store associates to lookup products, manage customer information, check out shoppers, and communicate with clients. Leading retailers like Saks Fifth Avenue, Kate Spade, Coach, and Bonobos use Tulip in their stores to elevate the shopping experience, increase sales and improve customer service. For more information, visit http://www.tulip.com.

Headquarters Toronto, ON
Year founded 2013
Company size 51-200 employees
Specialties In-Store Mobile Platform, Cloud Platform, Big Data, Retail Sales Associate Tablet, Clienteling, Mobile POS, Product Catalog, Product Knowledge, Store Communications, and In-Store Retail Platform

Jobs https://ca.linkedin.com/jobs/search/?f_C=3187796&trk=top-startups-jobs

Deciem

We are a peaceful company. We make skincare that you can afford comfortably. <3

Headquarters Toronto, ON
Year founded 2013
Company size 201-500 employees
Specialties Cosmetics

 

TouchBistro

TouchBistro is a revolutionary, complete mobile POS solution on the iPad for the restaurant industry. Manage reservations, view the menu, take orders and review sales reports with a few simple touches. Instead of servers repeatedly moving between customers and terminals for order management, servers can remain with customers and instantly submit orders to the kitchen and bar. Servers no longer need to write down an order and then enter it into a distant terminal. TouchBistro’s single entry system reduces errors and increases efficiency. Menu items can be presented in vibrant color with every detail captured. Menus can be quickly and easily updated and even published to the Web, providing more dynamic impact than a traditional menu can provide.

Headquarters Toronto, ON
Year founded 2011
Company size 201-500 employees
Specialties Mobile Application Development and Point of Sale

 

Behaviour

Behaviour is one of the newest entrants to the marketing agency landscape. Since November 2012, we have provided brand strategies, ideas and winning marketing programs for some of the country’s biggest and most respected brands. Our small but impressive client roster includes: Molson Coors, TELUS, Air Canada, Starbucks, and Live Clean.

Headquarters Toronto, Ontario

Year founded 2012

Company size 51-200 employees

Jobs https://ca.linkedin.com/jobs/search/?f_C=4997541&trk=top-startups-jobs

 

GroupBy

GroupBy Inc. transforms the way retailers interact with their consumers online through data-driven commerce, media, and knowledge management software solutions. The company supports the online retail efforts of many of the world’s leading online retailers by driving more targeted site traffic and increases in revenue through its platform Searchandiser. GroupBy’s solutions provide industry-leading features for search, navigation, merchandising, search engine optimization (SEO) and search as you type (SAYT). Founded in 2013, GroupBy is headquartered in Toronto, Canada and has offices around the world.

Headquarters Toronto, ON
Year founded 2013
Company size 51-200 employees
Specialties Searchandiser, Searchandiser Compute Edition, Hub Source, Ecommerce Search, Media Search & Knowledge Management, Merchandising, search, and Ecommerce

Jobs https://ca.linkedin.com/jobs/search/?f_C=2873897&trk=top-startups-jobs

AlayaCare

AlayaCare is an end-to-end home health care software platform, focused on providing better patient outcomes through the use of robust clinical documentation, exceptional back office solutions, and next-generation technology.

Headquarters Toronto, ON

Year founded 2014

Company size 51-200 employees

Specialties Home Healthcare, Healthcare, SaaS, Technology, Software, and Home Care

Jobs https://ca.linkedin.com/jobs/search/?f_C=5191283&trk=top-startups-jobs

Tracktik

TrackTik is an intuitive security workforce management platform providing actionable insight through integrated field operation and back office solutions.

Headquarters Montreal, Quebec

Year founded 2013

Company size 51-200 employees

Specialties Security Operation Management Software, Workforce Management Solutions, Security Management Softwares, Dispatch Solution, Physical Security, Guard Tour System, Mobile Reporting, Incident Reporting, Scheduling Software, Security, Dynamic Tracking, Security Guard Management, and Healthcare Security

Jobs https://ca.linkedin.com/jobs/search/?f_C=3206388&trk=top-startups-jobs

Connected

Connected is a software product development firm. We partner with ambitious companies across the product lifecycle to build products that drive user and business impact.

Headquarters Toronto, Ontario

Year founded 2014

Company size 51-200 employees

Specialties Software Eningeering, Android, UX Design, Smart Technology, IoT, Web Development, Mobile App Development, Product Development, Wearable Technology, Firmware Development, UI Design, User testing, Product Strategy, iOS, conversational interfaces, interaction design, motion design, augmented reality, innovation, react, design thinking, and voice

Jobs https://www.linkedin.com/company/connected-lab-inc-/?lipi=urn%3Ali%3Apage%3Ad_flagship3_pulse_read%3BhAPxjmicQzafquWO%2FPRNWA%3D%3D

The Mexican Fisherman Story, or How to Find Success in Your Life

After reading the “4 hour work week” book by Timothy Ferriss about a dozen years ago, this one story really resonated with us at PlanetWeb. It reflects the new mantra to be more with less, especially with business gurus like Gary Vaynerchuk who preaches his no nonsense “Love your family, work super hard, live your passion.” The story teaches you to ignore BS, live simply and do what matters most.

The Mexican fisherman story is about how you define success and what is important to you. So basically here is the story summarized.

American businessman went down to Mexico for some R&R and after waking up one morning decided to take a stroll on the beach. There he came across a lonely Mexican fisherman who was docking his boat with few beautiful recently caught yellowfin tuna.

Meditations / Pixabay

American complimented the Mexican on his fish and asked how long it took him to catch the fish. To which the Mexican replied – “Not that long.” American was surprised – he said why do not you stay longer and catch more fish, Mexican replied that it was enough to feed his family.

American was confused now. He asked Mexican – what do you do with the rest of your time?

The Mexican replied: “I sleep in late. I play with my kids.  I have some fiesta with my wife, and at night I play some music with my amigos.”

The American now was pretty upset. He said Common My Mexican Friend – You catching some amazing fish. I went to Harvard so I know a thing or two about business. You should fish more, so you can afford a bigger boat. After you get a bigger boat , get more people to help you fish, maybe buy more boats, then you will have enough volume to sell directly to the buyer vs using middleman as you are doing now. You can now even open up your own fish processing plant and an office in Mexico City, then in Los Angeles and maybe even New York one day.

Mexican was not getting it: “But how long will all this take?”

American: “20-25 years”

Mexican: “And what then?”

American excitedly: “The best part is. Now you will be big enough to launch your company on New York Stock Exchange. And You will be millionaire!”

Mexican: “Millions and then what?”

American:”Well my friend. Thats the best part. Then you will retire, move to a small Mexican village, where you can sleep, fish a little, play with your children, have siesta with your wife and play some music with your amigos.”

The moral of the story is “Know what’s important in life – you may already have it.”

The 5 important take aways we need to take from this story are:

  1. Time is of the essence: enjoy life now, enjoy hanging out with you kids, wife, friends before it is too late.
  2. No need for more shit: at the end of the day, do what you love, do not do it for cash, do it because you enjoy it.
  3. Smaller is better: Do you really need that expensive car or that big boat. Sometimes living simpler life means enjoying it more without having to worry about all those lease payments.
  4. Story is Powerful: Stories make people think about what matters most. Share with the world who you are and what you have to say.
  5. You already have it all: You should realize every day that you already have it all and so much better off than many other generations before you. Enjoy it!