Thinkific's big week gets even bigger | The Morning Report

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Good Morning,

Here’s what you need to know today.

In what has proven to be an already fruitful month of May, Thinkific followed up on the launch of their App Store with an announcement that another $24 million has been raised.

• The additional earnings came via an Over-Allotment Option exercised by underwriters of their IPO, bringing the total over $184 million.

• Related: Thinkific joins the $1B+ club

• Go deeper: Vancouver has produced 6 unicorn companies in the past 6 months

Pender Ventures released a whitepaper on The State of Medical Imaging in 2021, authored by venture analyst Liam Hilder.

• "Medical imaging has experienced a transformative leap in innovation due to advancements in telehealth and AI during the pandemic, and we believe that the lasting impact of COVID-19 will be the fundamental change in how technology is used in healthcare," Hilder writes.

ICYMI: “Two hammers looking for a nail” secure $2 billion, a timeline of Clio

Procurify’s next all-staff happy hour will feature a pair of fresh faces and both are “seasoned technology experts.”

• “Procurify is well-positioned to become the next Canadian start-up success story. With an incredibly strong product offering, clear product-market fit, deep understanding of its customers, and genuine desire to have a positive impact on the organizations it serves, Procurify will continue to capture market share and I’m thrilled to be part of the leadership team driving this growth,” says Alicia Bedard, VP Marketing

• “Spend management is effective when we go beyond capturing transactions and facilitate effective spend behaviour within teams. Effective spending is a game-changer in a company’s ability to maximize its runway to achieve its mission. I’m thrilled to be a part of Procurify, where we work to help our customers succeed in their mission,” says Manohar Ganesan, VP of Product and Engineering

In a LinkedIn Q&A, local agtech entrepreneur Karn Manhas caught up with Karen Gowriluk, Executive Director of Grain Growers Canada.

• Gowriluk acknowledged government’s role in facilitating tech adoption:

 🎧 Watch & Listen

• Mischa Steiner, CEO of Awesense, chatted with Energi Media’s Markham Hislop.

• The latest National Pharmaceutical Congress podcast episode featured Brenda Irwin, Founder and Managing Partner of the Relentless Venture Fund.

That’s it for today’s Morning Report.

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Have a productive and fulfilling day. See you tomorrow.

-James (@jimmermatthews)