White Star Capital

Cards + Crypto 🤝

Buckle up: We are ranked 4️⃣th in the #Sifted250 fastest-growing Startups in Europe 🤯🇪🇺 After already being named the fastest-growing startup earlier this year, we are more than honored to even make it in the Top 4 of the European list 🤯 This is a true team effort: So, special shout out to all FINNies who made 2024 a fantastic and super successful year 🌟✨ Congrats also to all the other startups on the list! 👏 🔗 Check out the full report in the first comment! #Sifted250 #SiftedLeaderboards #StartupEurope #Growth

I had the pleasure of participating in today’s TSX market open to celebrate the Canadian Venture Capital & Private Equity Association (CVCA) 50th anniversary. Great experience.

Exciting news! Flare has raised a $30m Series B 🚀 In today’s digital-first world, cyber threats are evolving at an unprecedented pace, leaving businesses vulnerable across the open, deep, and dark web. Flare’s platform equips companies with the actionable intelligence to navigate and neutralise these risks. Having first invested in Flare’s seed round in 2019, we’re proud to be extending our support alongside Inovia Capital and Fonds de solidarité FTQ in this Series B led by new investor Base10 Partners. We’ve been consistently impressed by Flare’s growth and commitment. From pioneering dark web detection tools to launching Threat Flow - the security industry’s first transparent generative AI for dark web threat reports - Flare is transforming cybersecurity for businesses of all sizes. With a world-class team in place, and CEO Norman Menz at the helm, this fresh funding will enable Flare to enhance its AI tools, expand data collection, and scale globally, securing even more businesses in an increasingly digital landscape. Check out TechCrunch’s article below for more detail on the Series B, or to learn more about why we first invested in Flare check out our latest blog in the comments section below 👇

We’re proud to announce USD 30M in Series B funding, led by Base10 Partners with support from Inovia Capital, White Star Capital, and Fonds de solidarité FTQ. This milestone fuels our mission to lead in Threat Exposure Management. With cybercrime on the rise, we’re empowering organizations to stay ahead by identifying threats, mitigating risks, and securing their future. 💡What’s Next: - Innovate with cutting-edge Language Models and data science. - Strengthen our leadership in Security Intelligence. - Expand across North America and Europe. A huge thank you to our team, partners, and investors for making this possible. Here’s to the next chapter of Flare’s success! 🚀 https://lnkd.in/eQ2XNaSk #Cybersecurity #SeriesB #ThreatExposureManagement #ThreatIntelligence #Innovation

Congrats to the whole team at FINN! What a year.. looking forward to what the next few years will bring, still very early days!

We’re looking for a Winter Intern Analyst to join our team in Toronto 🤝 This paid internship is a fantastic opportunity to work alongside our North American investment team as they assist portfolio companies, source new investment opportunities, and conduct market research. We’re looking for an exceptional individual to join us in January, with the opportunity to extend this role for up to six months. Interested? Apply via the link below before November 29th.

Novisto is exceedingly proud to announce a top-10 placement in the 2024 Technology Fast 50 program, awarded by Deloitte LLP. Achieving a position of 9 on the Companies-to-Watch List, this prestigious award is a testament to the continued support of our customers, partners, and investors who have embarked on this journey with us. Charles Assaf, CEO of Novisto ➡ ”Every day at Novisto is driven by our mission to contribute to the sustainability of the economy, environment, and society. Novisto’s ESG data management and reporting software produces investor-grade, audit-ready data, enabling more confident disclosures. It’s a tremendous privilege to be helping global brands achieve this.” Read the full press release here → https://hubs.ly/Q02X2lRH0 #Fast50CA #ESG #sustainabiltiy #corporatesustainability

Tools like ChatGPT and GitHub’s Copilot have taken centre stage, but what about AI solutions focused on specific industries? In our latest blog, our Early Growth Fund team dive into Vertical AI - tailored tools that exhibit specialised solutions and deep domain expertise. Unlike broad applications, Vertical AI leverages unique, industry-specific insights, enhancing customer service, automating workflows, and unlocking new efficiencies across fields like healthcare, law, and finance. To better understand the opportunities, risks, and challenges of building and adopting these tools, we surveyed our 90+ portfolio on how they have implemented AI (so far). Some key highlights: ▶️ 96% of White Star Capital’s portfolio already uses ChatGPT, Copilot, or a mixture of both ▶️ 52% have integrated AI into customer service, with impressive results ▶️ 69% are creating their own Vertical AI tools, using proprietary data to tackle core industry challenges Looking ahead, we’re excited to see how Vertical AI complements and transforms established SaaS solutions. Explore the full blog linked below for more detail on where we see Vertical AI having unique potential, all the data from our survey, and which companies we have our eyes on 👇

📰 Exciting news from Petfolk! After several years of strong growth, the company has raised a $36m Series C, led by Deerfield Management, the experienced healthcare investment firm. Founded by Audrey Wystrach DVM, Petfolk stands out for its "connected care" model, a product of Audrey's 30+ years as a practicing veterinarian. Petfolk’s unique approach combines state-of-the-art facilities with 24/7 app-based virtual care, offering modern pet parents a blend of convenience and trusted care. With 19 veterinary clinics already operating, and new locations set to open soon in cities like Miami and Phoenix, Petfolk is rapidly expanding to meet the evolving needs of pet families across the US. Having initially led Petfolk's Series A in 2022, we're proud to see the team going from strength to strength. For more details, check out Axios's exclusive article below 🐾