Rho Canada Ventures

Rho Canada Ventures is a venture capital firm established in 2006 and based in New York, New York, as a division of Rho Capital Partners. The firm specializes in early-stage investments in Canada's most innovative technology companies. The team at Rho Canada Ventures possesses a blend of entrepreneurial, operational, and venture investment experience, totaling over 80 years. This expertise enables them to assist entrepreneurs in transforming Canadian innovators into global leaders. Rho Canada Ventures' portfolio encompasses a wide range of sectors, including new media, mobile applications, wireless infrastructure, semiconductors, materials, and software.

Roger Chabra

Partner

Jeffrey Grammer

Partner

45 past transactions

Resson

Series C in 2018
Resson is a bioinformatics and data analytics company based in Fredericton, New Brunswick, specializing in customized agriculture solutions for large corporate clients. The company employs advanced technologies such as cloud-based data processing, swarm robotics, computer vision, and machine learning to enhance agricultural productivity. Its proprietary platform, the Resson Agricultural Management and Analytics System, analyzes crop metrics to assess the health and status of crops. By providing actionable insights derived from field data, Resson enables agricultural operators to optimize their operations, improve efficiency, increase yields, and maximize profitability.

Sportlogiq

Series A in 2017
Sportlogiq is a venture-backed startup that develops sports statistics solutions. Using feeds from current broadcast cameras, the company uses player tracking and activity recognition to analyze player movement and provide context to game analysis. Sportlogiq was founded in 2014 and is headquartered in Montreal, Canada.

Figure 1

Series B in 2017
Figure 1 connects healthcare professionals around the world to view, discuss, and share medical cases. It now has a global community of millions of healthcare professionals. It was founded in 2012 and is headquartered in Toronto, Canada.

Resson

Series B in 2016
Resson is a bioinformatics and data analytics company based in Fredericton, New Brunswick, specializing in customized agriculture solutions for large corporate clients. The company employs advanced technologies such as cloud-based data processing, swarm robotics, computer vision, and machine learning to enhance agricultural productivity. Its proprietary platform, the Resson Agricultural Management and Analytics System, analyzes crop metrics to assess the health and status of crops. By providing actionable insights derived from field data, Resson enables agricultural operators to optimize their operations, improve efficiency, increase yields, and maximize profitability.

Sociable

Seed Round in 2016
Sociable gets to know you better than anyone else by taking into account your ever-changing moods and opinions. It then invents activities that you can't help but say yes to. For each get-together, Sociable decides what to do, when to meet, and even who to invite, taking care of everything else that follows.

Exact Media

Series A in 2016
Launched in 2013, Exact Media has more than doubled its distribution each year. Unlike traditional methods of direct mail who offer unqualified deal-seekers with junk mail and free offers, Exact Media finely targets active online purchasers based on their actual purchases and other clearly-defined criteria. This results in high conversion to purchase - which, after all, is the goal of any trial program. With offices in New York, Toronto and Cincinnati, Exact Media works with top brands and retailers throughout North America and Asia. Stay tuned for news on our further global expansion. The Exact Media team is a combination of young leaders and experienced veterans in the e-commerce and consumer marketing space.

Meta

Series A in 2015
At Meta, they work on landmark AI challenges that have the power to transform how scientific knowledge is experienced and consumed. Meta provides innovators throughout the scientific ecosystem with powerful views of the current and future trajectories of science and technology with the goal of making all scientific knowledge computable. Meta’s mission is to unlock all of the world’s scientific and technical insights using artificial intelligence.

Augur

Seed Round in 2015
Augur provides Ad-Tech agencies with cross-device and cross-channel attribution analytics.

Figure 1

Series A in 2015
Figure 1 connects healthcare professionals around the world to view, discuss, and share medical cases. It now has a global community of millions of healthcare professionals. It was founded in 2012 and is headquartered in Toronto, Canada.

AirVM

Series A in 2015
The AirVM solution addresses the global ICT need to better manage and monetize cloud services across different hybrid cloud technologies. The AirVM platform focuses on business management, allowing enterprises and managed service providers to leverage multiple private and public cloud technologies.

Frank & Oak

Series C in 2015
Frank & Oak is an online menswear brand that focuses on offering premium clothing and accessories through a personalized shopping experience. Launched in February 2012, the company has developed a vertically integrated platform that combines design, manufacturing, and sales, allowing customers to easily shop for the latest trends. Each month, members receive a curated selection of clothing and accessories, along with style advice and personalized product recommendations. This approach has garnered significant growth and media attention, establishing Frank & Oak as a notable player in the fashion industry.

Tesora

Series B in 2015
Formerly Known as ParElastic. Tesora was founded with the vision of radically simplifying how databases are provisioned and managed. We are partnering with the OpenStack Trove community to create an open database as service platform to deliver on this vision. With Tesora, OpenStack administrators can go beyond compute and storage to offer their users a self-service, managed database service for MySQL and other leading databases. The new open DBaaS platform on OpenStack will offer security, availability, performance and disaster-recovery capabilities that lets you deliver database as a service in the cloud or in a data center. The Tesora team has more than 200 years of experience building database technology for companies such as Progress Software, Netezza, Object Design and Dataupia. They are taking that background to the OpenStack Trove project. The team has already brought to market technology to scale out traditional relational databases on demand without having to change a single line of code. And it’s the only scale-out solution that supports multitenancy. These innovations were recognized with four patent grants and several more pending. The company sought out partnerships to deliver a complete DBaaS platform. Wanting an open, pluggable platform, the widely adopted OpenStack cloud platform was a natural choice. Tesora joined the OpenStack community as a corporate sponsor and made a commitment to collaborate with and contribute to the Trove project to deliver an enterprise-class DBaaS platform. We named our company Tesora (meaning treasure in Italian) because of our strong commitment to the OpenStack Trove project and to delivering the industry’s first enterprise-class open platform for DBaaS.

Resson

Series A in 2014
Resson is a bioinformatics and data analytics company based in Fredericton, New Brunswick, specializing in customized agriculture solutions for large corporate clients. The company employs advanced technologies such as cloud-based data processing, swarm robotics, computer vision, and machine learning to enhance agricultural productivity. Its proprietary platform, the Resson Agricultural Management and Analytics System, analyzes crop metrics to assess the health and status of crops. By providing actionable insights derived from field data, Resson enables agricultural operators to optimize their operations, improve efficiency, increase yields, and maximize profitability.

Frank & Oak

Series B in 2014
Frank & Oak is an online menswear brand that focuses on offering premium clothing and accessories through a personalized shopping experience. Launched in February 2012, the company has developed a vertically integrated platform that combines design, manufacturing, and sales, allowing customers to easily shop for the latest trends. Each month, members receive a curated selection of clothing and accessories, along with style advice and personalized product recommendations. This approach has garnered significant growth and media attention, establishing Frank & Oak as a notable player in the fashion industry.

Figure 1

Series A in 2014
Figure 1 connects healthcare professionals around the world to view, discuss, and share medical cases. It now has a global community of millions of healthcare professionals. It was founded in 2012 and is headquartered in Toronto, Canada.

Shadow Networks

Series A in 2014
Shadow Networks is a privately-held company that provides wireless internet service, cybersecurity, web designing, and hosting services. The company led by an experienced management team comprising former executives from networking and security leaders like Cisco, McAfee, Symantec, as well as top government research labs. They building a new generation of Active Threat Deception™ security solutions designed to combat today’s most dangerous and pervasive threats on Enterprises, Service Providers, and Government networks. Shadow Networks’ solutions will detect and mitigate a large number of new sophisticated attacks on enterprise and government networks; in particular, they targeting Advanced Persistent Threats (APTs) that have proven extremely vexing for existing security solutions–many of them are not caught today despite organizations spending over $9B on overall network security. With a proven foundation based on over 5 years of Government-funded research, and with technologies already deployed and proven at the US Department of Defense and other government agencies, the Shadow Networks platform aims to change the economics for APT attacks and turn the tables on attackers.

Aislelabs

Seed Round in 2014
Aislelabs Inc. is a technology company that provides an intelligent cloud platform designed to enhance in-store marketing for retailers. Based in Toronto, Canada, Aislelabs offers a range of solutions that enable businesses to gain insights into consumer behavior both inside and outside their physical locations. Their flagship products include Aislelabs Flow, which delivers actionable analytics and visualizations of customer interactions, and Aislelabs Pass, which leverages indoor location and behavioral data to target shoppers effectively. Additionally, Aislelabs Engage facilitates personalized marketing through real-time notifications based on individual shopper profiles and store traffic patterns. The company's technology helps retailers of all sizes, including boutique shops, restaurants, and large retail chains, to optimize operations, increase sales, and enhance customer satisfaction by fostering meaningful relationships with their clientele. Founded in 2013, Aislelabs continues to innovate in the realm of big data analytics for the retail sector.

Smart Skin Technologies

Series A in 2014
Smart Skin Technologies Inc. is a technology development company based in Fredericton, Canada, with an additional office in Munich, Germany. Founded in 2009, the company specializes in the development and commercialization of a pressure-sensitive skin technology that has diverse applications. Its flagship product, Quantifeel, is a packaging pressure monitoring system designed to measure line pressure and 3D orientation in various types of packaging, including glass, cans, and PET. In addition to its existing products, Smart Skin Technologies is actively developing patent-pending pressure sensing technology for industrial applications and sports, aiming to expand its footprint across multiple verticals.

Figure 1

Seed Round in 2013
Figure 1 connects healthcare professionals around the world to view, discuss, and share medical cases. It now has a global community of millions of healthcare professionals. It was founded in 2012 and is headquartered in Toronto, Canada.

Analyze Re

Series A in 2013
Founded in 2013, our vision is to revolutionize and modernize the way that reinsurers analyze their data. We do this by offering a high-performance-computing framework which takes care of the common data processing needs that reinsurers have.

Karma Gaming

Series A in 2013
Based in Halifax, Nova Scotia, Canada, Karma’s team delivers over 30 years of gaming industry expertise, a proven entrepreneurial track record and a deep understanding of online casual and social gaming.

Plotly

Seed Round in 2013
Plotly is a data science and AI company focused on taking data science out of the lab and into the business. Plotly makes it easy to create, deploy, and share interactive web apps, graphs, and visualizations in any programming language.

Karma Gaming

Series A in 2013
Based in Halifax, Nova Scotia, Canada, Karma’s team delivers over 30 years of gaming industry expertise, a proven entrepreneurial track record and a deep understanding of online casual and social gaming.

Keaton Row

Seed Round in 2013
Keaton Row is a personal styling and e-commerce company based in New York, founded in 2012. It focuses on helping women curate versatile wardrobes by fostering one-on-one relationships between stylists and clients in an online setting. The platform allows stylists to guide clients in making thoughtful purchases each season, ensuring that new items are styled with existing pieces to create a cohesive look. This approach empowers women to define their unique style, eliminating the uncertainty of what to wear or how to combine outfits. Additionally, Keaton Row provides a hub for women to discover, buy, and showcase the latest trends in fashion, offering access to sophisticated clothing and accessories.

Chango

Venture Round in 2012
Chango is a programmatic advertising company that specializes in helping marketers create timely and relevant advertising campaigns using exclusive intent data and advanced technology. Its innovative live-profile technology enables clients to access intent data rapidly, facilitating efficient brand awareness, customer acquisition, and retargeting of website visitors. Chango collaborates with over 60 Fortune 500 companies, including notable names such as eBay, Clorox, and Toyota. In addition to its core services, Chango provides a comprehensive suite of marketing solutions for online retailers, including display advertising, search retargeting, and programmatic site retargeting. The company is also an approved partner on Facebook's advertising platform, allowing it to utilize social data for targeted marketing efforts. Recently, Chango was acquired by Rubicon Project, which enhances its capabilities by integrating intent marketing with a premium advertising marketplace.

Frank & Oak

Series A in 2012
Frank & Oak is an online menswear brand that focuses on offering premium clothing and accessories through a personalized shopping experience. Launched in February 2012, the company has developed a vertically integrated platform that combines design, manufacturing, and sales, allowing customers to easily shop for the latest trends. Each month, members receive a curated selection of clothing and accessories, along with style advice and personalized product recommendations. This approach has garnered significant growth and media attention, establishing Frank & Oak as a notable player in the fashion industry.

ShopLocket

Seed Round in 2012
ShopLocket is a platform for hardware entrepreneurs looking to bring innovative products to life and into the hands of visionary consumers. ShopLocket specializes in ecommerce solutions for hardware, covering everything from pre-orders to a full shopping cart. As a PCH solutions company ShopLocket is ideally positioned to help hardware companies at every phase of their journey, from inspiration and ideation, through to manufacturing, ecommerce, fulfillment, and beyond.

Mobio

Post in 2012
Mobio is a Vancouver-based company that operates an engagement platform known as Mobio INsider. This platform enables fans to connect with their favorite celebrities by participating in content creation, fostering a two-way communication channel that enhances fan engagement. It primarily targets tweens and teens, while also serving brands by connecting them with their desired audiences. Mobio INsider not only satisfies fans' interests and queries but also helps increase artists' social media followings and brand awareness. Founded in 1998, Mobio also serves as a venture capital investment firm, focusing on seed and early-stage technology companies in the B2B and software as a service sectors.

Engagio

Seed Round in 2012
Engagio Inc. is a provider of an account-based platform focused on account-centric analytics, designed to enhance relationships with high-value accounts. The company offers several solutions, including PlayMaker, a SaaS product that facilitates human connections across various communication channels and departments to generate revenue opportunities. Additionally, Engagio provides Scout, an account-based marketing extension that supports customer-facing teams, and Engagio Orchestrate, which allows revenue teams to design and automate impactful marketing plays across multiple channels such as advertising, sales engagement, and CRM. By enabling businesses to engage target accounts effectively, Engagio aids in expanding customer relationships and enhancing sales and marketing efforts. Founded in 2015 and based in San Mateo, California, Engagio operates as a subsidiary of Demandbase, Inc. as of June 2020.

Mobio

Debt Financing in 2012
Mobio is a Vancouver-based company that operates an engagement platform known as Mobio INsider. This platform enables fans to connect with their favorite celebrities by participating in content creation, fostering a two-way communication channel that enhances fan engagement. It primarily targets tweens and teens, while also serving brands by connecting them with their desired audiences. Mobio INsider not only satisfies fans' interests and queries but also helps increase artists' social media followings and brand awareness. Founded in 1998, Mobio also serves as a venture capital investment firm, focusing on seed and early-stage technology companies in the B2B and software as a service sectors.

Fixmo

Series C in 2011
Founded in 2009, Fixmo Inc. is a mobile risk management company headquartered in Sterling, Virginia, with an additional office in Toronto. The company specializes in providing infrastructure management software designed to help enterprises and government agencies mitigate risks associated with mobile device deployments. Fixmo's flagship product, Sentinel, ensures the integrity, compliance, and auditability of devices used by mobile workforces. By commercializing advanced mobile risk management technologies initially developed by the U.S. National Security Agency, Fixmo delivers solutions that enable organizations to maintain policy compliance and conduct thorough device auditing, thereby enhancing overall mobile security.

Beyond the Rack

Series B in 2011
Beyond the Rack is a Montreal-based online shopping platform that functions as a private shopping club, offering exclusive deals on a wide range of products including apparel, accessories, fragrances, home goods, and electronics. With approximately 15 million active members in Canada and the United States, the platform features flash sales that provide discounts of up to 80% on designer and fast fashion items, all without a retail middleman. The company collaborates with over 3,000 brands to host 15-25 sales daily, which typically last between 48 to 72 hours or until items sell out. Membership is free and can be obtained through the website, promotional partners, or referrals from existing members. Beyond the Rack is recognized for its responsive customer service and efficient shipping, contributing to its reputation as a leading online retailer in the fashion industry.

Eightfold Logic

Series C in 2011
Eightfold Logic (formerly Enquisite) is an inbound marketing innovator. Eightfold Logic's patented inbound marketing platform revolutionizes demand generation efforts by improving website findability for qualified buyers through search engine, social media, and cross-link optimization. The Eightfold Logic approach brings clarity to businesses around how their websites are performing today and simplifies marketing efforts to identify, prioritize and manage inbound marketing campaign opportunities to improve qualified website traffic. Eightfold Logic is a privately-held, San Francisco-based company and is venture backed by Rho Canada Ventures, Castile Ventures, Formative Ventures, Retro Venture Partners and The Entrepreneurs' Fund III.

Mobio

Series A in 2011
Mobio is a Vancouver-based company that operates an engagement platform known as Mobio INsider. This platform enables fans to connect with their favorite celebrities by participating in content creation, fostering a two-way communication channel that enhances fan engagement. It primarily targets tweens and teens, while also serving brands by connecting them with their desired audiences. Mobio INsider not only satisfies fans' interests and queries but also helps increase artists' social media followings and brand awareness. Founded in 1998, Mobio also serves as a venture capital investment firm, focusing on seed and early-stage technology companies in the B2B and software as a service sectors.

Chango

Series B in 2011
Chango is a programmatic advertising company that specializes in helping marketers create timely and relevant advertising campaigns using exclusive intent data and advanced technology. Its innovative live-profile technology enables clients to access intent data rapidly, facilitating efficient brand awareness, customer acquisition, and retargeting of website visitors. Chango collaborates with over 60 Fortune 500 companies, including notable names such as eBay, Clorox, and Toyota. In addition to its core services, Chango provides a comprehensive suite of marketing solutions for online retailers, including display advertising, search retargeting, and programmatic site retargeting. The company is also an approved partner on Facebook's advertising platform, allowing it to utilize social data for targeted marketing efforts. Recently, Chango was acquired by Rubicon Project, which enhances its capabilities by integrating intent marketing with a premium advertising marketplace.

Eightfold Logic

Venture Round in 2010
Eightfold Logic (formerly Enquisite) is an inbound marketing innovator. Eightfold Logic's patented inbound marketing platform revolutionizes demand generation efforts by improving website findability for qualified buyers through search engine, social media, and cross-link optimization. The Eightfold Logic approach brings clarity to businesses around how their websites are performing today and simplifies marketing efforts to identify, prioritize and manage inbound marketing campaign opportunities to improve qualified website traffic. Eightfold Logic is a privately-held, San Francisco-based company and is venture backed by Rho Canada Ventures, Castile Ventures, Formative Ventures, Retro Venture Partners and The Entrepreneurs' Fund III.

Evolver

Seed Round in 2008
Evolver is a technology firm based in Reston, Virginia, that specializes in providing innovative IT solutions and cybersecurity services. Established in December 2000, the company focuses on helping clients achieve long-term success through technological advancements and IT consultation. Evolver's offerings include the development and implementation of smart technology and efficient processes, catering to both government and commercial markets. The company also features a unique avatar service that allows users to create personal, transportable avatars for use across various applications without requiring downloads. Evolver became part of Converged Security Solutions LLC in 2018, a merger that expanded its capabilities in managed security solutions addressing both cyber and physical security challenges for diverse clients. With a workforce exceeding 300 employees and international subsidiaries, Evolver continues to adapt and grow its services to meet the evolving needs of its clientele.

Iscopia Software

Series B in 2008
Headquartered in Montreal, Iscopia provides on-demand online hiring solutions (delivered over the web as Software as a Service) that enable organizations of all sizes to recruit the best candidates and promote the most deserving employees. Iscopia's award-winning online hiring solution, AQS™, enables small and medium-sized businesses (SMB) to hire better employees and reduce turnover quickly, simply and economically. Our customer base ranges from industry leading test publishers and HR consultants to companies large and small.

Makeover Solutions

Series A in 2007
Makeover Solutions, Inc., a marketing company, provides Web-based virtual makeovers. The company builds online communities for women users interested in beauty and beauty care conversations. Its Personal Makeover helps companies to create an online relationship with their customers. The company was incorporated in 2007 and is based in New York, New York.

AlleWin Technologies

Series A in 2006
AlleWin Technologies integrates research, development, and production of microwave products, an import and export agency, sales, and technical consultation. They develop and produce RF coaxial connectors, adapters, loads, waveguide coaxial conversions, and DC blockers. Their customer's inquiries are addressed through phone, email, and online applications.
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