VANCOUVER, BC–(Marketwired – December 10, 2014) – BuildDirect, a technology company that is building a simpler, trusted and efficient home improvement industry, today announced it has closed $50 million in financing from a blend of new and existing US and Canadian investors including Mohr Davidow Ventures, OMERS Ventures and BMO Asset Management. The investment will be used to rapidly expand and scale the technology for the company"s Home Marketplace, a community-based technology platform that creates a one-stop solution directly connecting buyers (consumers and subcontractors) with sellers (product manufacturers, designers, trades and shippers).
More than a third of users admit to having the same password for all or most websites. The number of devices, applications and accounts continue to grow, and security and convenience are often competing sides of the same coin. In 2013, OMERS Ventures was excited to invest in Daniel Robichaud and the entire PasswordBox team to support their efforts solving a problem that touches Internet users in every country in the world.
The $9 billion North American pet boarding industry is a mature market that is ripe for disruption. Dog kennels represent an antiquated and inconvenient solution to a problem that pet owners have faced for years: finding a trusted, convenient and economic option to look after their dogs. We believe DogVacay, an online marketplace that links dog owners with passionate vetted and insured pet care providers, has a tremendous opportunity to disrupt the traditional cage-oriented kennel market and become the dominant destination for pet boarding.
LEAGUE INC., a new digital health and wellness platform, today announced it has raised $4M USD in seed funding. The investment is led by OMERS Ventures with Foundation Capital, Real Ventures and Infinite Potential Group. LEAGUE, set to launch in early 2015, will focus on preventative health. The company aims to empower consumers — helping them to live healthier each day
Congratulations to Devon Galloway and Michael Litt, co-founders of world-leading video marketing platform Vidyard, who were recently named Ontario's EY Young Entrepreneur of the Year award winners.