Today in Acquisitions: Setter, Grapevine6, Converge
Over the past month, two Canadian tech companies have been acquired, including Setter and Grapevine6, while Toronto-based Converge acquired Workgroup Connections. Here’s the latest on Canada’s movers and shakers.
Toronto-based Setter acquired by Thumbtack
Toronto-based digital home management startup Setter was acquired by San Francisco-based Thumbtack. The price of the acquisition was undisclosed.
Setter was founded in 2016 and its platform allows homeowners to chat with home maintenance experts; homeowners can send photos of the issue they face, and receive a quote. The startup has raised $20 million USD to date, including a $10 million Series A round in 2018.