News Summary

Vancouver-based startup ShopVision Technologies, founded by Harry Chemko—previously of Elastic Path—has secured a $5.6 million CAD seed round led by Brightspark Ventures, with additional participation from BDC Capital and Rhino Ventures. The AI-powered market research platform aims to assist e-commerce merchants with competitive analysis by leveraging both first-party and third-party data sources. ShopVision’s funding will support its go-to-market strategies, product development, and data collection efforts. Chemko remains involved with Elastic Path as Chief Strategy Officer while leading ShopVision, which publicly launched in April 2024. The platform, currently available in North America, plans to expand geographically in the future.