About CanadaStays
CanadaStays is a company based in Toronto (Canada) founded in 2008 was acquired by Expedia in August 2019.. CanadaStays has raised $6 million across 1 funding round from investors including Expedia Group, Torstar and Homeaway.co. CanadaStays operates in a competitive market with competitors including Airbnb, Airbnb, Leavetown, HouseTrip and Cozystay, among others.
- Headquarter Toronto, Canada
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Sectors
Travel & Hospitality
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$6 M (USD)
in 1 rounds
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Latest Funding Round
$6 M (USD), Series A
Apr 01, 2015
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Investors
Expedia Group
& 4 more
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Employee Count
Employee Count
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Acquired by
Expedia
(Aug 22, 2019)
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Funding Insights of CanadaStays
CanadaStays has successfully raised a total of $6M through 1 strategic funding round. The most recent funding activity was a Series A round of $6 million completed in April 2015. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Series A — $6.0M
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First Round
First Round
(01 Apr 2015)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2015 | Amount | Series A - CanadaStays | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in CanadaStays
CanadaStays has secured backing from 5 investors, including institutional and venture fund investors. Prominent investors backing the company include Expedia Group, Torstar and Homeaway.co. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Corporate-backed investments are directed to fintech, healthcare, and various sectors.
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Founded Year | Domain | Location | |
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Investments in venture capital, private equity, and real estate are conducted by Hedgewood using its own capital.
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by CanadaStays
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - CanadaStays
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Canadastays Comparisons
Competitors of CanadaStays
CanadaStays operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Airbnb, Airbnb, Leavetown, HouseTrip and Cozystay, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Vacation rentals are booked via an online peer-to-peer platform.
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| domain | founded_year | HQ Location |
Vacation rentals are booked via an online peer-to-peer platform.
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| domain | founded_year | HQ Location |
Leavetown is operated as a vacation rental booking platform.
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| domain | founded_year | HQ Location |
Vacation rentals are booked and listed through an online marketplace.
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| domain | founded_year | HQ Location |
Vacation rentals are booked through a global online marketplace.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Canadastays
Frequently Asked Questions about CanadaStays
When was CanadaStays founded?
CanadaStays was founded in 2008 and raised its 1st funding round 7 years after it was founded.
Where is CanadaStays located?
CanadaStays is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.
Is CanadaStays a funded company?
CanadaStays is a funded company, having raised a total of $6M across 1 funding round to date. The company's 1st funding round was a Series A of $6M, raised on Apr 01, 2015.
What does CanadaStays do?
CanadaStays was founded in 2008 in Toronto, Canada, as an online platform in the vacation rental sector. Cottages, cabins, chalets, condos, and other vacation properties are listed for rent, with over 50,000 options available across Canada and in urban centers, as well as destinations in the US, Caribbean, South America, and Central America. Listings, communications, and bookings are managed by owners in real time.
Who are the top competitors of CanadaStays?
Who are CanadaStays's investors?
CanadaStays has 5 investors. Key investors include Expedia Group, Torstar, Homeaway.co, Rogers Venture Partners, and Hedgewood.
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