L-SPARK ANNOUNCES NEW ACCELERATOR COHORT
Six startups have been selected to join L-Spark’s fall accelerator program beginning this month, where they’ll move into the organization’s Kanata offices for nine months and work toward scaling sales and growing revenues tenfold. The firms come from Montreal, Ottawa, Toronto and Waterloo. The new members are Bluink, Hangry, Lurniture, Member365, Optimity and Worx.
SNAPCLARITY LAUNCHES YOUTH MENTAL-HEALTH APP
The One Young World summit in Ottawa late last month marked the launch of the Snapclarity app, designed to pair users with certified therapists so they can communicate by text about their mental health. The youthfocused startup, led by Terri Storey of Terrace Wellness Group and featured in the July edition of OBJ’s Launch Pad, piloted the app in Woodstock and in Cross Lake, Man., two communities highly affected by youth suicide. With revenues from subscription fees and transactions made by users enlisting additional services from their therapists, the firm has said it projects $2.8 million in monthly recurring revenues by its first year.
MYDOMA STUDIO TO BE USED IN COLLEGE PROGRAMS
Ottawa software-as-a-service startup Mydoma Studio has partnered with Algonquin College and Portland Community College to offer its software to students as a free teaching tool. The program lets designers manage their projects, collaborate with clients, accept contracts and payments, build a product catalogue and access other resources. This year, the company received a $275,000 shot of cash from the Capital Angels Network, Wesley Clover and two private investors.
ESSAYJACK CEO SHORTLISTED FOR ENTREPRENEUR AWARD
Lindy Ledohowski, chief executive of EssayJack, was named a finalist for the Canadian female entrepreneur of the year award at the Stevie Awards for Women in Business. Launched in 2015, EssayJack is an interactive web platform that helps students learn how to write essays. The L-Spark alumni firm was also nominated this year for an ELTon award for digital innovation, presented by the British Council. The Stevie Awards winners will be announced Nov. 18.
CLINICONEX LANDS FIRST-SEED ROUND, LOOKS TO EXPAND
Ottawa e-health software startup Cliniconex announced its first round of seed funding this month, led by the Capital Angels Network and Wesley Clover. The investment prompted the company to seek additional software engineers and sales representatives. As part of the funding agreement, Wesley Clover president Paul Chiarelli and Capital Angels member Rob White have joined the firm’s board of directors. Founded in 2011 and an L-Spark accelerator graduate, Cliniconex is a fast-growing provider of patient outreach solutions that aim to improve clinic efficiency.