BDC Capital

BDC Capital Inc. is the private equity and venture capital division of the Business Development Bank of Canada, focusing on direct investments and fund of funds strategies. The firm specializes in providing risk capital to small and medium-sized enterprises, including subordinate financing, recapitalizations, and mezzanine investments. BDC Capital's venture capital activities encompass a wide range of stages from seed funding to pre-IPO financing, with a particular emphasis on technology-based companies in sectors such as healthcare, information technology, and clean technology. It aims to support women-led businesses and typically invests between CAD 3 million and CAD 35 million, taking minority stakes in its portfolio companies. BDC Capital seeks to exit investments within three to five years through various strategies, including initial public offerings or strategic sales. Established in 1975 and headquartered in Montreal, the firm has a presence in key Canadian provinces, actively participating in syndicates and maintaining a focus on high-growth potential companies.

Trevor Allibon

MD, Growth and Transition Capital

Tim April

Managing Director, Fund Investments

Michèle Arsenault

Director, Growth and Transition Capital

Réjean Asselin

Assistant Vice President, Portfolio Management - Growth & Transition Capital

Nicolas Beaudet

Director, Growth and Transition Capital

Amine Benmoussa

Principal

Jeremy Billan

Director of Growth Equity–Growth and Transition Capital

Mike Blattman

Director, Growth and Transition Capital

Charles Blouin

Director, Growth and Transition Capital

Ela Borenstein

vice_president

Laura-Lee Brenneman

Director, Growth and Transition Capital

Jean Bédard

Director of Growth Equity- Growth and Transition Capital

Cyril Cochrane

MD, Growth and Transition Capital

Cheri Corbett

Director

Sean Crouse

Director, Growth and Transition Capital

Robert Dennison

Director of Growth and Transition Capital

Geoff Devereux

Director of Growth and Transition Capital

Pascal Dion

Director, Growth and Transition Capital

Isabelle Dionne

Director, Growth and Transition Capital

Étienne Drouin

MD, Growth and Transition Capital

Martin Dudaniec

Director of Growth and Transition Capital

Robert Duffy

VP of Growth and Transition Capital

Kyle Feucht

Director

Melanie Finlayson

Director, Growth and Transition Capital

Benoit Forcier

Cleantech Practice

Alexander Fried

Principal

Eric Gagnon

Director, Growth and Transition Capital

Carolyn Galbraith

Director, Growth and Transition Capital

Eric Girard

Director, Growth and Transition Capital

Jonathan Goodkey

Principal

Tony Gopaul

Director, Growth and Transition Capital

Jerome Hamilton

Director of Growth and Transition Capital

Matthew Hanson

Director of Growth and Transition Capital

Neal Hill

VP of Market Development

Jeffrey Hill

MD, Growth and Transition Capital

Christina Howard

Director, Growth and Transition Capital

Barry R. Hubich

VP of Growth and Transition Capital

Emmanuelle Héroux

Director, Growth and Transition Capital

Louis-David Julien

MD, Growth and Transition Capital

Marvin Junop

Director, Growth and Transition Capital

Rita Kasparian

Director, Growth and Transition Capital

Matthew Kellow

VP of Growth and Transition Capital

Karim Kennedy

Director - Cleantech Practice

Siddartha Krishnan

Partner

Enes Kula

Director, Growth and Transition Capital

Daniel Lam

Director, Growth and Transition Capital

Larry Lam

Partner, ICE Technology Venture Fund

Louise Langevin

VP, Growth and Transition Capital

Philippe Lapierre

Director, Growth and Transition Capital

Scott Lewis

MD of Growth and Transition Capital

Tabreez Lila

Director, Growth and Transition Capital

Mark Lunick

Director, Growth and Transition Capital

Vern Malcolm

Director Growth and Transition Capital

Bernard Melameth

Director, Growth and Transition Capital

Benoit Mignacco

Vice-President, Portfolio Management - Growth Capital and Business Transfer

Simon F. Mills

Director of Growth and Transition Capital

Claude Miron

Vice-President, Growth Equity

Alison Nankivell

vice_president

Mark O'Connor

Director, Growth and Transition Capital

Darren Oko

Director, Growth and Transition Capital

Ted Olak

Director of Growth and Transition Capital

Denisia Pereira

Principal

Matt Price

MD of Growth and Transition Capital

Karl Reckziegel

vice_president

Joseph Regan

Managing Partner

Mathieu Rinaldi

Director of BDC Growth and Transition Capital

James Robertson

Director of Growth and Transition Capital

Duncan Robinson

Director of Growth and Transition Capital

Susan Rohac

VP of Subordinate Financing

Christophe Romary

VP, Portfolio Management

Paul Ryan

Director, Growth & Transition Capital

Syed Saif

Associate

Marie Salama

Assistant VP, Portfolio Management – Growth and Transition Capital

Robert Shaw

Director, Growth and Transition Capital

Conor Snape

Director of Growth and Transition Capital

Marie-Josée Tremblay

Director, Growth and Transition Capital

Brett Weese

Director of Growth and Transition Capital

Brian G. Whiteway

Director, Growth and Transition Capital

Roger Wilson

Assistant VP, Growth and Transition Capital Portfolio

Ian Wyatt

Partner

Angelo Zeni

MD of Growth and Transition Capital

Past deals in Montreal

ChrysaLabs

Series A in 2023
ChrysaLabs develops a portable probe that can measure in real-time soil nutrients and soil health for producers and agronomists. It also develops a management platform which enables workers to access data and take action. The company was founded in 2017 and is based in Montreal, Canada.

Potloc

Series B in 2022
Potloc Inc. operates an online consumer insights platform that enables businesses to access valuable data regarding consumer behavior and purchasing habits. Founded in 2014 and headquartered in Montreal, Canada, with additional offices in Toronto, Paris, and Geneva, Potloc conducts geotargeted surveys through social networks, offering a modern alternative to traditional research methods. By leveraging these surveys, Potloc assists clients in improving customer experience, converting competitors' clients, and enhancing product or service offerings. The platform empowers businesses by providing insights that help them connect with their target audiences and drive profitability. With a growing team of nearly 60 employees, Potloc serves hundreds of businesses seeking to understand and engage with consumers more effectively.
AON3D is a manufacturer of high-temperature industrial 3D printers. The AON-M2, its flagship 3D printer, is a direct response to demands for hotter print conditions and the careful thermal control needed for producing strong and dimensionally stable parts from advanced materials. It offers an open filament platform that empowers users to choose the right materials for their project and slash costs by avoiding expensive proprietary materials and license fees. Founders Andrew Walker, Randeep Singh, and Kevin Han established the company in 2015 in Montreal, Quebec.

Deeplite

Seed Round in 2021
Deeplite is a Montreal-based company specializing in AI-driven optimization software for deep learning applications. Its flagship product, Neutrino, utilizes a proprietary design space exploration approach to automatically optimize deep neural networks (DNNs), making them smaller, faster, and more energy-efficient. This technology addresses common challenges faced by deep learning models, such as their large size, slow processing speeds, and high energy consumption, which can hinder deployment on compact hardware. Deeplite's solutions cater to various sectors, including automotive, smartphones, smart cameras, and IoT devices, enabling the efficient integration of AI technologies in everyday applications. By focusing on scalability and performance, Deeplite aims to make advanced AI accessible and practical for a wide range of users.

Budge Studios

Venture Round in 2021
Budge Studios Inc. is a company based in Montreal, Canada, that specializes in developing and publishing children's applications for smartphones and tablets. Founded in 2010, Budge Studios offers a diverse portfolio of apps that includes original and branded properties aimed at entertaining and educating children. Its notable offerings feature popular characters from franchises such as Barbie, Thomas & Friends, Strawberry Shortcake, Caillou, The Smurfs, Hello Kitty, and Crayola. The company's applications are designed to be safe and age-appropriate, ensuring that children can engage with them in a creative and enjoyable manner. Additionally, Budge Studios has introduced the Budge Playgroup program, which invites parents or legal guardians to participate in the app development process, promoting a collaborative approach to content creation.

Aifred Health

Seed Round in 2020
Aifred Health Inc. develops and offers deep-learning based clinical decision tool for physicians to enable personalized medicine to psychiatry. The company's application software offers treatment prediction, interpretability, patient data tracking, and electronic patient record. Aifred Health Inc. was incorporated in 2017 and is headquartered in Montreal, Canada.

Goodee

Seed Round in 2020
Goodee Inc. designs and develops curated home and lifestyle platform. The company offers essential homewares and lifestyle products. Goodee Inc. was founded in 2017 and is based in Montreal, Canada.

Busbud

Series C in 2020
Busbud, Inc. is an online platform that specializes in bus travel booking services. Founded in 2011 and based in Montreal, Canada, the company allows travelers to search, compare, and book inter-city bus tickets across various destinations in Canada and internationally. The platform aggregates information from numerous bus operators, providing users with access to schedules, pricing, service classes, amenities, and reviews. With coverage spanning over 10,463 cities in 89 countries, Busbud supports multiple languages and currencies, making it a comprehensive resource for planning bus trips. Through its website and mobile application, the company aims to simplify the bus travel experience for users worldwide.

Effenco

Series B in 2020
Effenco Development inc. designs and manufactures Hydraulic Equipment Assisting Devices (HEAD) for heavy-duty vocational vehicles. The company designs and manufactures electric hybrid starter-generators, ultracapacitors, electric motor-driven hydraulic pumps, and electric air conditioning compressors. The company caters to blue-chip customers in Canada, New York, California, France, and Norway on waste trucks, dump trucks, and yard tractors. Effenco Development inc. was founded in 2006 and is based in Montreal, Canada with additional offices in Los Angeles, California; Paris, France; Kongsberg, Norway.

Deeplite

Seed Round in 2020
Deeplite is a Montreal-based company specializing in AI-driven optimization software for deep learning applications. Its flagship product, Neutrino, utilizes a proprietary design space exploration approach to automatically optimize deep neural networks (DNNs), making them smaller, faster, and more energy-efficient. This technology addresses common challenges faced by deep learning models, such as their large size, slow processing speeds, and high energy consumption, which can hinder deployment on compact hardware. Deeplite's solutions cater to various sectors, including automotive, smartphones, smart cameras, and IoT devices, enabling the efficient integration of AI technologies in everyday applications. By focusing on scalability and performance, Deeplite aims to make advanced AI accessible and practical for a wide range of users.

Hopper

Venture Round in 2020
Hopper Inc. is a travel technology company that has developed a mobile application leveraging big data to predict and analyze airfare and hotel prices. Founded in 2007 and headquartered in Montreal, Canada, with additional offices in Cambridge, Massachusetts, New York, New York, and Sofia, Bulgaria, Hopper assists travelers in securing the best deals by providing timely notifications when flight and accommodation prices reach their predicted lowest points. By offering data-driven travel recommendations, Hopper enhances the booking experience for users, enabling them to make informed decisions and save money on their journeys.

SuccessFinder

Venture Round in 2019
SuccessFinder, Inc. is a Montreal-based technology company that specializes in human resources software. It offers a cloud-based platform for psychometric assessments designed to help employers evaluate job candidates and current employees. The platform includes tools such as performance predictors, talent predictors, self-exploration, and career exploration, which utilize predictive analytics and algorithms to facilitate decision-making throughout the employee lifecycle, from recruitment to development and performance management. By analyzing factors such as human behavior and competencies, SuccessFinder aims to predict career satisfaction and enhance overall organizational effectiveness. Founded in 2017, the company focuses on providing innovative solutions to improve talent management and career development.

Sofdesk

Series B in 2019
Sofdesk Inc. is a software company based in Montreal, Canada, founded in 2013. It specializes in developing sales acceleration solutions tailored for the solar installation, roofing, and insurance sectors. The company's main products include SolarGraf, designed for solar installers to facilitate lead generation and proposal management, and RoofGraf, which assists roofing companies in acquiring new business opportunities. Sofdesk's platforms aim to help small to medium-sized enterprises enhance their operational infrastructure and efficiency through project management, automation, and advanced quoting tools. By offering intuitive and user-friendly applications, Sofdesk enables businesses to streamline their processes and reduce costs across various markets.

Pit Caribou

Venture Round in 2019
Founded in 2007, the mission of the Pit Caribou microbrewery is to craft quality beers by tapping into the resources of the Gaspé region. They are located in L'Anse à Beaufils, a fishing harbour in the town of Percé on the Gaspé Peninsula, and operate pubs in Percé and Montreal. In addition to their production facilities, they have a shop for stocking up on their bottled products and a patio for enjoying their beers by the sea. The company currently has 37 employees.

Bus.com

Series B in 2019
Bus.com is a bus rental platform that allows its clients to plan and book group transportation online. Its web app makes it easy to organize, book, join and enjoy bus trips. T The company was founded by travel industry veterans and built with startup hustle. Its headquarters is located at Montreal, Quebec.

Strato Automation

Venture Round in 2019
Strato Automation Inc. develops and manufactures building automation systems. The company's products include BACzone 424, a zone controller; BACplus - MSTP and BACwALL 324, field controllers; Tzone, a digital room temperature sensor; BACplus-IP; MEXP-4AO; MEXP-4BOR; MEXP-8AI; MEXP-4BO; MEXP-IO; and MPWRS-24, pancel mount controllers; and SES-01, an edge server. It also offers a programmed application for heating, ventilation, and air conditioning (HVAC) control equipment and air volume boxes and controller line operating and system management software solutions. The company was founded in 2010 and is based in Montreal, Canada.

Effenco

Series A in 2018
Effenco Development inc. designs and manufactures Hydraulic Equipment Assisting Devices (HEAD) for heavy-duty vocational vehicles. The company designs and manufactures electric hybrid starter-generators, ultracapacitors, electric motor-driven hydraulic pumps, and electric air conditioning compressors. The company caters to blue-chip customers in Canada, New York, California, France, and Norway on waste trucks, dump trucks, and yard tractors. Effenco Development inc. was founded in 2006 and is based in Montreal, Canada with additional offices in Los Angeles, California; Paris, France; Kongsberg, Norway.

Hopper

Series D in 2018
Hopper Inc. is a travel technology company that has developed a mobile application leveraging big data to predict and analyze airfare and hotel prices. Founded in 2007 and headquartered in Montreal, Canada, with additional offices in Cambridge, Massachusetts, New York, New York, and Sofia, Bulgaria, Hopper assists travelers in securing the best deals by providing timely notifications when flight and accommodation prices reach their predicted lowest points. By offering data-driven travel recommendations, Hopper enhances the booking experience for users, enabling them to make informed decisions and save money on their journeys.

Nestready

Venture Round in 2018
NestReady Inc. is a real estate technology company based in Montreal, Canada, founded in 2012. The company has developed a marketplace that integrates all stages of the home buying experience, connecting mortgage lenders with homebuyers. Its platform serves as a comprehensive tool that simplifies the home buying process by merging mortgage services with real estate offerings, facilitating better client relationships and improving visibility into the progress of transactions. This integration allows mortgage lenders to enhance customer understanding, reduce acquisition costs, and provide a seamless homebuying experience directly on their websites. By bridging the gap between home discovery and financing, NestReady aims to increase conversion rates and improve client retention.

Lufa Farms

Series B in 2018
Lufa Farms is an agricultural and technology company located in Montreal, Quebec. It is reputed to have built the world's first commercial rooftop greenhouse. The company's first greenhouse began operations in early 2011. Its second greenhouse opened in late 2013.

IRYSTEC

Series A in 2018
Faurecia IRYStec Inc. specializes in developing perceptual display platform technology solutions aimed primarily at the automotive industry. The company offers a suite of products, including PDP Vision, a customizable software solution that enhances the functionality of automotive display systems such as instrument clusters and infotainment displays. Additionally, it provides IRYStec DRIVEvue, which improves display visibility in bright light conditions, and IRYStec MYvue, a viewer intelligence solution that personalizes display integration. Founded in 2015 and based in Montreal, Canada, Faurecia IRYStec operates as a subsidiary of Faurecia S.E. after changing its name from IRYSTEC in May 2020. The company draws on a team of experts in computer vision and human visual systems to create ambient intelligent software products tailored to enhance the visual experience for users.

Potloc

Seed Round in 2018
Potloc Inc. operates an online consumer insights platform that enables businesses to access valuable data regarding consumer behavior and purchasing habits. Founded in 2014 and headquartered in Montreal, Canada, with additional offices in Toronto, Paris, and Geneva, Potloc conducts geotargeted surveys through social networks, offering a modern alternative to traditional research methods. By leveraging these surveys, Potloc assists clients in improving customer experience, converting competitors' clients, and enhancing product or service offerings. The platform empowers businesses by providing insights that help them connect with their target audiences and drive profitability. With a growing team of nearly 60 employees, Potloc serves hundreds of businesses seeking to understand and engage with consumers more effectively.

Fluent.ai

Convertible Note in 2018
Fluent.ai is a company that specializes in advanced speech recognition solutions, founded in 2015 and headquartered in Montreal, Canada. The company adopts a unique machine learning approach that enables its technology to understand spoken language without requiring conversion to text. This allows Fluent.ai's speech recognition engine to interpret natural phrases accurately across various languages, accents, and challenging environments, such as smart homes and connected vehicles. Its system is designed to function both online and offline, making it versatile for different applications, including wearables and virtual reality. Fluent.ai's solutions emphasize personalization and reliability, providing businesses with the tools to create secure and user-friendly voice interfaces tailored to their specific needs.

GSM Project

Venture Round in 2018
GSM Project Inc. engages in the design and production of exhibitions for museums and observation decks. Its services include strategy and planning, content, design, project management, technical development, production, and management and operations. The company was founded in 1958 and is based in Montreal, Canada with additional offices in Singapore and Dubai, United Arab Emirates.

Keatext

Seed Round in 2018
Keatext Inc. is a Montreal-based company founded in 2010 that offers a cloud-based solution designed to enhance business performance by analyzing customer feedback. Its primary product, Keatext, synthesizes unstructured data from various sources, including surveys, online reviews, chat logs, and social media, to provide actionable insights. This enables businesses to understand customer preferences and respond promptly to their needs. By delivering these insights on a comprehensive custom dashboard, Keatext helps organizations cultivate meaningful relationships with their customers and improve overall customer experience management.

Greybox Solutions

Series A in 2018
Greybox Solution is a digital turbo-charged healthcare platform.

Fluent.ai

Seed Round in 2017
Fluent.ai is a company that specializes in advanced speech recognition solutions, founded in 2015 and headquartered in Montreal, Canada. The company adopts a unique machine learning approach that enables its technology to understand spoken language without requiring conversion to text. This allows Fluent.ai's speech recognition engine to interpret natural phrases accurately across various languages, accents, and challenging environments, such as smart homes and connected vehicles. Its system is designed to function both online and offline, making it versatile for different applications, including wearables and virtual reality. Fluent.ai's solutions emphasize personalization and reliability, providing businesses with the tools to create secure and user-friendly voice interfaces tailored to their specific needs.

Bus.com

Series A in 2017
Bus.com is a bus rental platform that allows its clients to plan and book group transportation online. Its web app makes it easy to organize, book, join and enjoy bus trips. T The company was founded by travel industry veterans and built with startup hustle. Its headquarters is located at Montreal, Quebec.

Potloc

Pre Seed Round in 2017
Potloc Inc. operates an online consumer insights platform that enables businesses to access valuable data regarding consumer behavior and purchasing habits. Founded in 2014 and headquartered in Montreal, Canada, with additional offices in Toronto, Paris, and Geneva, Potloc conducts geotargeted surveys through social networks, offering a modern alternative to traditional research methods. By leveraging these surveys, Potloc assists clients in improving customer experience, converting competitors' clients, and enhancing product or service offerings. The platform empowers businesses by providing insights that help them connect with their target audiences and drive profitability. With a growing team of nearly 60 employees, Potloc serves hundreds of businesses seeking to understand and engage with consumers more effectively.

Dialogue

Seed Round in 2017
Dialogue Technologies Inc. operates a comprehensive care platform that focuses on employee wellness and health solutions. Founded in 2016 and based in Montreal, Canada, the company serves Canadian employers by providing a variety of services designed to enhance team engagement and health. Its platform facilitates virtual access to a multidisciplinary team of healthcare professionals, enabling employees to consult with nurses and doctors, navigate care options, receive medication deliveries, and obtain referrals to specialists. Dialogue aims to improve overall wellbeing by reducing barriers to quality care, supporting proactive management of both physical and mental health, and ultimately fostering a healthier workforce.

Sofdesk

Series A in 2017
Sofdesk Inc. is a software company based in Montreal, Canada, founded in 2013. It specializes in developing sales acceleration solutions tailored for the solar installation, roofing, and insurance sectors. The company's main products include SolarGraf, designed for solar installers to facilitate lead generation and proposal management, and RoofGraf, which assists roofing companies in acquiring new business opportunities. Sofdesk's platforms aim to help small to medium-sized enterprises enhance their operational infrastructure and efficiency through project management, automation, and advanced quoting tools. By offering intuitive and user-friendly applications, Sofdesk enables businesses to streamline their processes and reduce costs across various markets.

Hopper

Series C in 2016
Hopper Inc. is a travel technology company that has developed a mobile application leveraging big data to predict and analyze airfare and hotel prices. Founded in 2007 and headquartered in Montreal, Canada, with additional offices in Cambridge, Massachusetts, New York, New York, and Sofia, Bulgaria, Hopper assists travelers in securing the best deals by providing timely notifications when flight and accommodation prices reach their predicted lowest points. By offering data-driven travel recommendations, Hopper enhances the booking experience for users, enabling them to make informed decisions and save money on their journeys.

Delve Labs

Seed Round in 2016
Delve Laboratories, Inc. is a cybersecurity company based in Montreal, Canada, founded in 2014. It specializes in developing vulnerability assessment and management solutions aimed at enhancing the efficiency of cybersecurity and IT teams. The company offers a unified platform that automates key processes such as asset discovery, vulnerability scanning, identification, prioritization, and remediation. By leveraging artificial intelligence, Delve's solutions prioritize vulnerabilities in a contextual manner, allowing organizations to focus their remediation efforts effectively. This approach reduces the manual workload typically associated with vulnerability management, streamlining operations and minimizing risk. Delve Laboratories operates as a subsidiary of SecureWorks Corp.

Soundbite Medical Solutions

Seed Round in 2016
Soundbite Medical Solutions Inc. is a cardiovascular medical technology company based in Montreal, Canada, specializing in the development and commercialization of innovative medical devices. Founded in 2013, the company focuses on creating a proprietary wire-based device and generator console that utilizes shockwave energy to treat chronic total occlusions (CTOs) within the cardiovascular system. This technology is designed to enhance vessel preparation for patients suffering from peripheral artery disease (PAD) and coronary artery disease (CAD), which collectively impact over 20 million individuals in the United States. Soundbite Medical Solutions aims to improve treatment outcomes for these patients through its advanced therapeutic solutions.

Transit

Seed Round in 2016
Transit is a mobile app intended to help its users navigate their cities. Transit simplifies local travel in 125 cities worldwide. Upon launch, the bright, intuitive interface shows all nearby transportation options and departures. Users can plan trips, set reminders, and get notifications about disruptions. Plus, Transit also integrates other sustainable transport modes -- bike sharing, car sharing and Uber -- so users can determine the best way to get from A to B. With millions of active users in the US and Canada, Transit has emerged as the leading urban transit app in North America. The company is based in Montreal, Quebec.

IRYSTEC

Series A in 2016
Faurecia IRYStec Inc. specializes in developing perceptual display platform technology solutions aimed primarily at the automotive industry. The company offers a suite of products, including PDP Vision, a customizable software solution that enhances the functionality of automotive display systems such as instrument clusters and infotainment displays. Additionally, it provides IRYStec DRIVEvue, which improves display visibility in bright light conditions, and IRYStec MYvue, a viewer intelligence solution that personalizes display integration. Founded in 2015 and based in Montreal, Canada, Faurecia IRYStec operates as a subsidiary of Faurecia S.E. after changing its name from IRYSTEC in May 2020. The company draws on a team of experts in computer vision and human visual systems to create ambient intelligent software products tailored to enhance the visual experience for users.

Ip4b

Venture Round in 2016
Ip4b is a telecommunications marketing company located in Montreal.

Netlift

Seed Round in 2016
Netlift Inc. is a transportation service provider based in Montreal, Canada, founded in 2012. The company operates a mobile application that facilitates ride-sharing by matching passengers with drivers who have available seats in their vehicles. This service is designed to assist daily commuters by offering an efficient and cost-effective solution for traveling between home and work, while also integrating with the city's public transit network. Netlift's platform enhances mixed-mode commuting by proposing optimal route options that meet users' travel requirements, making it easier for individuals to connect and share rides.

Transit

Seed Round in 2015
Transit is a mobile app intended to help its users navigate their cities. Transit simplifies local travel in 125 cities worldwide. Upon launch, the bright, intuitive interface shows all nearby transportation options and departures. Users can plan trips, set reminders, and get notifications about disruptions. Plus, Transit also integrates other sustainable transport modes -- bike sharing, car sharing and Uber -- so users can determine the best way to get from A to B. With millions of active users in the US and Canada, Transit has emerged as the leading urban transit app in North America. The company is based in Montreal, Quebec.

SourceKnowledge

Debt Financing in 2015
SourceKnowledge owns and operates a programmatic video platform that measures success based on post-click behavior. It offers Reach, a self-serve video advertising platform; Engage, a performance marketing platform; Cross-Serve, a solution to deliver a single campaign to the audience across all devices; RunSafe, a brand safety suite; agency solutions; and e-commerce solutions. The company's partners include Google, Facebook, Yahoo, YouTube, and BrightRoll. SourceKnowledge is based in Montreal, Canada.

Netlift

Seed Round in 2015
Netlift Inc. is a transportation service provider based in Montreal, Canada, founded in 2012. The company operates a mobile application that facilitates ride-sharing by matching passengers with drivers who have available seats in their vehicles. This service is designed to assist daily commuters by offering an efficient and cost-effective solution for traveling between home and work, while also integrating with the city's public transit network. Netlift's platform enhances mixed-mode commuting by proposing optimal route options that meet users' travel requirements, making it easier for individuals to connect and share rides.

Clementia Pharmaceuticals

Venture Round in 2015
Clementia Pharmaceuticals Inc. is a clinical-stage biopharmaceutical company based in Montreal, Canada, focused on developing innovative treatments for patients with ultra-rare bone disorders and other diseases characterized by high unmet medical needs. Founded in 2010, the company specializes in disease-modifying therapies, with its lead product candidate being palovarotene, an oral small molecule. Palovarotene has demonstrated significant potential in preventing abnormal bone formation and fibrosis across various tissues. The candidate is currently undergoing evaluation in the Phase III MOVE trial, targeting conditions such as fibrodysplasia ossificans progressive and multiple osteochondromas, as well as dry eye disease. Clementia's commitment to addressing debilitating health issues highlights its role in advancing treatment options for affected patients.

Clementia Pharmaceuticals

Series A in 2015
Clementia Pharmaceuticals Inc. is a clinical-stage biopharmaceutical company based in Montreal, Canada, focused on developing innovative treatments for patients with ultra-rare bone disorders and other diseases characterized by high unmet medical needs. Founded in 2010, the company specializes in disease-modifying therapies, with its lead product candidate being palovarotene, an oral small molecule. Palovarotene has demonstrated significant potential in preventing abnormal bone formation and fibrosis across various tissues. The candidate is currently undergoing evaluation in the Phase III MOVE trial, targeting conditions such as fibrodysplasia ossificans progressive and multiple osteochondromas, as well as dry eye disease. Clementia's commitment to addressing debilitating health issues highlights its role in advancing treatment options for affected patients.

Hopper

Venture Round in 2015
Hopper Inc. is a travel technology company that has developed a mobile application leveraging big data to predict and analyze airfare and hotel prices. Founded in 2007 and headquartered in Montreal, Canada, with additional offices in Cambridge, Massachusetts, New York, New York, and Sofia, Bulgaria, Hopper assists travelers in securing the best deals by providing timely notifications when flight and accommodation prices reach their predicted lowest points. By offering data-driven travel recommendations, Hopper enhances the booking experience for users, enabling them to make informed decisions and save money on their journeys.

Execution Labs

Series A in 2014
Execution Labs Inc. invests in small-to-medium sized game studios in the Americas and Europe. The company focuses on independent studios developing downloadable titles for mobiles, PCs, and consoles. Execution Labs Inc. was founded in 2012 and is based in Montreal, Canada. It has an additional office in San Francisco, California.

Clementia Pharmaceuticals

Series A in 2014
Clementia Pharmaceuticals Inc. is a clinical-stage biopharmaceutical company based in Montreal, Canada, focused on developing innovative treatments for patients with ultra-rare bone disorders and other diseases characterized by high unmet medical needs. Founded in 2010, the company specializes in disease-modifying therapies, with its lead product candidate being palovarotene, an oral small molecule. Palovarotene has demonstrated significant potential in preventing abnormal bone formation and fibrosis across various tissues. The candidate is currently undergoing evaluation in the Phase III MOVE trial, targeting conditions such as fibrodysplasia ossificans progressive and multiple osteochondromas, as well as dry eye disease. Clementia's commitment to addressing debilitating health issues highlights its role in advancing treatment options for affected patients.

Beyond the Rack

Series C in 2013
Beyond the Rack is a Montreal-based private shopping club that offers exclusive discounts of up to 80% on a wide range of products, including apparel, accessories, fragrances, home goods, and electronics for men, women, and children. With around 15 million active members across Canada and the United States, the platform features limited-quantity flash sales that typically last 48 to 72 hours or until the merchandise sells out. Beyond the Rack collaborates with over 3,000 major fashion brands to provide these deals without involving a retail middleman. Members receive tailored notifications about upcoming sales based on their preferences, and the site conducts 15 to 25 sales daily, depending on demand. Membership is free, with several easy sign-up options, and Beyond the Rack is known for its responsive customer service and efficient shipping. The company has gained recognition for its growth, having been named the fastest-growing internet retailer in 2011, and has generated substantial sales revenue.

Bunch

Venture Round in 2013
Bunch is a new topic-based network where members can publish and engage around topic they are passionate about with people who feel the same way. The vision of the company is to bring depth to social media by connecting people passionate about a topic and by building the first discussion platform for the average Internet user. To use the product, join up to three bunches - networks defined by a topic - and get involved in the conversation by sharing relevant content or comments. Members can join Bunch for free by visiting www.joinbunch.com or downloading it on the App store across North America. Bunch is based in Montreal, Canada.

Unsplash

Seed Round in 2013
Unsplash, Inc. is a photography community portal founded in 2013 and based in Montreal, Canada. The platform offers high-resolution photography that is freely accessible for various uses, supported by a community of users who share their images under the Unsplash License. Unsplash aims to create an open creative ecosystem, allowing individuals and organizations to utilize quality images without the constraints of traditional licensing. By fostering a collaborative environment, Unsplash encourages creativity and provides a valuable resource for designers, marketers, and content creators around the world.

Coveo

Series C in 2012
Coveo Solutions Inc. develops an intelligent enterprise search platform designed for mid-to-large size organizations across various industries. Its flagship products, such as Coveo for Salesforce and Coveo for Sitecore, enhance user experience by providing consumer-like search capabilities and personalized recommendations based on specific tasks. The platform connects and unifies information from both on-premise and cloud applications, enabling employees and customers to access relevant insights and expertise seamlessly. Coveo's technology facilitates self-service, improves contact center performance, and fosters collaboration within companies. Founded in 2004, Coveo is headquartered in San Mateo, California, with research and development operations in Quebec City, Canada, and additional offices in Montreal, Amsterdam, and the United Kingdom. The company also offers consulting and support services and maintains strategic partnerships with major technology firms.

Execution Labs

Seed Round in 2012
Execution Labs Inc. invests in small-to-medium sized game studios in the Americas and Europe. The company focuses on independent studios developing downloadable titles for mobiles, PCs, and consoles. Execution Labs Inc. was founded in 2012 and is based in Montreal, Canada. It has an additional office in San Francisco, California.

Alethia BioTherapeutics

Series B in 2012
Alethia BioTherapeutics, Inc., a biotechnology company, engages in the discovery and development of monoclonal antibody-based therapeutics focusing on the cancer-associated epithelial-to-mesenchymal transition, ovarian cancer, and on cancer-induced bone loss. Its products include Isogranulatimide, a G2 checkpoint inhibitor, which potentiates the response to several DNA-damaging chemotherapeutic agents; sCLU, a heterodimeric disulphide-linked glycoprotein of 449 amino acids, the over-expression of which is observed in various malignancies, including prostate, bladder, kidney, breast, colon, and lung tumors; AB-0447, an antigen that is expressed at the surface of ovarian cancer epithelial cells in greater than eighty five percent of malignant tumors; and AB-0440, a cell-surface protease-like protein, whose expression is stimulated early in osteoclast differentiation in response to RANK ligand. The company was founded in 2002 and is based in Montreal, Canada.

FounderFuel

Convertible Note in 2012
FounderFuel is a mentor-driven venture accelerator based in Montreal, Canada, established in 2011 by Real Ventures. The accelerator offers a three-month intensive program designed to assist new startups in progressing along their venture path. By providing access to a network of experienced entrepreneurs, operators, and executives, FounderFuel helps companies refine their visions, expand their networks, and accelerate their growth. The firm focuses on seed funding and emphasizes technology, particularly in areas such as artificial intelligence and machine learning.

Clementia Pharmaceuticals

Seed Round in 2012
Clementia Pharmaceuticals Inc. is a clinical-stage biopharmaceutical company based in Montreal, Canada, focused on developing innovative treatments for patients with ultra-rare bone disorders and other diseases characterized by high unmet medical needs. Founded in 2010, the company specializes in disease-modifying therapies, with its lead product candidate being palovarotene, an oral small molecule. Palovarotene has demonstrated significant potential in preventing abnormal bone formation and fibrosis across various tissues. The candidate is currently undergoing evaluation in the Phase III MOVE trial, targeting conditions such as fibrodysplasia ossificans progressive and multiple osteochondromas, as well as dry eye disease. Clementia's commitment to addressing debilitating health issues highlights its role in advancing treatment options for affected patients.

Beyond the Rack

Series B in 2011
Beyond the Rack is a Montreal-based private shopping club that offers exclusive discounts of up to 80% on a wide range of products, including apparel, accessories, fragrances, home goods, and electronics for men, women, and children. With around 15 million active members across Canada and the United States, the platform features limited-quantity flash sales that typically last 48 to 72 hours or until the merchandise sells out. Beyond the Rack collaborates with over 3,000 major fashion brands to provide these deals without involving a retail middleman. Members receive tailored notifications about upcoming sales based on their preferences, and the site conducts 15 to 25 sales daily, depending on demand. Membership is free, with several easy sign-up options, and Beyond the Rack is known for its responsive customer service and efficient shipping. The company has gained recognition for its growth, having been named the fastest-growing internet retailer in 2011, and has generated substantial sales revenue.

Alethia BioTherapeutics

Series A in 2010
Alethia BioTherapeutics, Inc., a biotechnology company, engages in the discovery and development of monoclonal antibody-based therapeutics focusing on the cancer-associated epithelial-to-mesenchymal transition, ovarian cancer, and on cancer-induced bone loss. Its products include Isogranulatimide, a G2 checkpoint inhibitor, which potentiates the response to several DNA-damaging chemotherapeutic agents; sCLU, a heterodimeric disulphide-linked glycoprotein of 449 amino acids, the over-expression of which is observed in various malignancies, including prostate, bladder, kidney, breast, colon, and lung tumors; AB-0447, an antigen that is expressed at the surface of ovarian cancer epithelial cells in greater than eighty five percent of malignant tumors; and AB-0440, a cell-surface protease-like protein, whose expression is stimulated early in osteoclast differentiation in response to RANK ligand. The company was founded in 2002 and is based in Montreal, Canada.

Beyond the Rack

Series A in 2010
Beyond the Rack is a Montreal-based private shopping club that offers exclusive discounts of up to 80% on a wide range of products, including apparel, accessories, fragrances, home goods, and electronics for men, women, and children. With around 15 million active members across Canada and the United States, the platform features limited-quantity flash sales that typically last 48 to 72 hours or until the merchandise sells out. Beyond the Rack collaborates with over 3,000 major fashion brands to provide these deals without involving a retail middleman. Members receive tailored notifications about upcoming sales based on their preferences, and the site conducts 15 to 25 sales daily, depending on demand. Membership is free, with several easy sign-up options, and Beyond the Rack is known for its responsive customer service and efficient shipping. The company has gained recognition for its growth, having been named the fastest-growing internet retailer in 2011, and has generated substantial sales revenue.

Vantrix

Venture Round in 2010
Vantrix specializes in media processing software that optimizes and delivers digital content over both wireless and wired networks to connected devices. Founded in 2004 and headquartered in Montreal, Canada, with additional offices in London, Dubai, and Hong Kong, Vantrix focuses on video and image optimization to provide high-performance, scalable solutions tailored for service providers. The company's offerings include the Vantrix Media Platform, a software-defined solution that supports multi-screen video delivery, alongside features such as video processing, bandwidth optimization, caching, and analytics. Additionally, Vantrix provides virtualized video processing and a centralized dashboard for managing virtualized applications and infrastructure. With deployments in over 65 networks globally, Vantrix aims to help video service providers meet the increasing demand for multimedia content across various mobile devices.

Leap Medical

Seed Round in 2010
Leap Medical, Inc. engages in designing, developing, manufacturing, and marketing products that provide the earliest possible indicators of a patient's medical condition. The company is based in Montreal, Canada.

Coveo

Series B in 2009
Coveo Solutions Inc. develops an intelligent enterprise search platform designed for mid-to-large size organizations across various industries. Its flagship products, such as Coveo for Salesforce and Coveo for Sitecore, enhance user experience by providing consumer-like search capabilities and personalized recommendations based on specific tasks. The platform connects and unifies information from both on-premise and cloud applications, enabling employees and customers to access relevant insights and expertise seamlessly. Coveo's technology facilitates self-service, improves contact center performance, and fosters collaboration within companies. Founded in 2004, Coveo is headquartered in San Mateo, California, with research and development operations in Quebec City, Canada, and additional offices in Montreal, Amsterdam, and the United Kingdom. The company also offers consulting and support services and maintains strategic partnerships with major technology firms.

Alethia BioTherapeutics

Seed Round in 2008
Alethia BioTherapeutics, Inc., a biotechnology company, engages in the discovery and development of monoclonal antibody-based therapeutics focusing on the cancer-associated epithelial-to-mesenchymal transition, ovarian cancer, and on cancer-induced bone loss. Its products include Isogranulatimide, a G2 checkpoint inhibitor, which potentiates the response to several DNA-damaging chemotherapeutic agents; sCLU, a heterodimeric disulphide-linked glycoprotein of 449 amino acids, the over-expression of which is observed in various malignancies, including prostate, bladder, kidney, breast, colon, and lung tumors; AB-0447, an antigen that is expressed at the surface of ovarian cancer epithelial cells in greater than eighty five percent of malignant tumors; and AB-0440, a cell-surface protease-like protein, whose expression is stimulated early in osteoclast differentiation in response to RANK ligand. The company was founded in 2002 and is based in Montreal, Canada.

Bluestreak Technology

Series D in 2007
Bluestreak Technology, Inc. provides products that deliver over-the-top and managed video services across televisions, set-top boxes, and consumer electronics. Its products include MachBlue platform that provides content owners, device manufacturers, and network operators with over-the-top video services to various devices; MachBlue Smart Runtime Classic that enables companies to create experiences from videos and applications created with the Adobe Flash authoring tool, which allows to run across various embedded devices; and MachBlue Studio, an application testing environment and emulator tool that enables debugging and optimization of applications for devices running MachBlue. The company’s products are embedded in various multiple screens, including connected televisions, set-top boxes, digital video recorders, smartphones, and tablets. It serves connected device vendors and content providers worldwide. The company was founded in 2002 and is based in Montreal, Canada. Bluestreak Technology, Inc. operates as a subsidiary of Bluestreak Network, Inc. As of June 23, 2015, Bluestreak Technology, Inc. operates as a subsidiary of Espial Group, Inc.

Vantrix

Series B in 2007
Vantrix specializes in media processing software that optimizes and delivers digital content over both wireless and wired networks to connected devices. Founded in 2004 and headquartered in Montreal, Canada, with additional offices in London, Dubai, and Hong Kong, Vantrix focuses on video and image optimization to provide high-performance, scalable solutions tailored for service providers. The company's offerings include the Vantrix Media Platform, a software-defined solution that supports multi-screen video delivery, alongside features such as video processing, bandwidth optimization, caching, and analytics. Additionally, Vantrix provides virtualized video processing and a centralized dashboard for managing virtualized applications and infrastructure. With deployments in over 65 networks globally, Vantrix aims to help video service providers meet the increasing demand for multimedia content across various mobile devices.

Prognomix

Venture Round in 2007
Prognomix, Inc. is a personalized medicine company based in Montreal, Canada, specializing in the development of diagnostic tools aimed at identifying pre-symptomatic complications associated with Type 2 Diabetes (T2D) through genomic signatures. Founded in 2005, the company focuses on creating biomarkers and genomic markers that help assess the risk of complications in diabetic patients. Its product line includes various in vitro molecular tests, such as PGX IR01, which predicts complications, and PGx GR01, which screens for patients at increased risk of cardiovascular events. Additionally, Prognomix offers PGx CD01, a companion diagnostic product for preventing cardiovascular and renal complications, and PGx IR02, an individual risk product. The company is poised to tap into the extensive market for diabetes complications, which is estimated to be around $24 billion in the United States.

Bluestreak Technology

Series C in 2006
Bluestreak Technology, Inc. provides products that deliver over-the-top and managed video services across televisions, set-top boxes, and consumer electronics. Its products include MachBlue platform that provides content owners, device manufacturers, and network operators with over-the-top video services to various devices; MachBlue Smart Runtime Classic that enables companies to create experiences from videos and applications created with the Adobe Flash authoring tool, which allows to run across various embedded devices; and MachBlue Studio, an application testing environment and emulator tool that enables debugging and optimization of applications for devices running MachBlue. The company’s products are embedded in various multiple screens, including connected televisions, set-top boxes, digital video recorders, smartphones, and tablets. It serves connected device vendors and content providers worldwide. The company was founded in 2002 and is based in Montreal, Canada. Bluestreak Technology, Inc. operates as a subsidiary of Bluestreak Network, Inc. As of June 23, 2015, Bluestreak Technology, Inc. operates as a subsidiary of Espial Group, Inc.

Bluestreak Technology

Series B in 2005
Bluestreak Technology, Inc. provides products that deliver over-the-top and managed video services across televisions, set-top boxes, and consumer electronics. Its products include MachBlue platform that provides content owners, device manufacturers, and network operators with over-the-top video services to various devices; MachBlue Smart Runtime Classic that enables companies to create experiences from videos and applications created with the Adobe Flash authoring tool, which allows to run across various embedded devices; and MachBlue Studio, an application testing environment and emulator tool that enables debugging and optimization of applications for devices running MachBlue. The company’s products are embedded in various multiple screens, including connected televisions, set-top boxes, digital video recorders, smartphones, and tablets. It serves connected device vendors and content providers worldwide. The company was founded in 2002 and is based in Montreal, Canada. Bluestreak Technology, Inc. operates as a subsidiary of Bluestreak Network, Inc. As of June 23, 2015, Bluestreak Technology, Inc. operates as a subsidiary of Espial Group, Inc.
Microbridge Technologies Canada Inc. specializes in the manufacture and licensing of electronic calibration products and solutions, serving the consumer, automotive, and medical sectors both in Canada and internationally. The company offers a range of sensors, including linear analog-conditioned low differential air pressure sensors and micro flow sensors, as well as sensor conditioners featuring Rejustors. These Rejustor-based products, which include electrically adjustable resistors, are designed to calibrate and compensate analog circuits and systems. Microbridge's products find applications in various fields, including HVAC systems, medical CPAP devices, and blood pressure monitors. The company distributes its offerings through a network of distributors and has its headquarters in Montreal, Canada, with additional offices in Boston and San Jose. Founded in 1999, Microbridge Technologies Canada was previously known as Microbridge Technologies, Inc. until its name change in 2005.

Vantrix

Series A in 2005
Vantrix specializes in media processing software that optimizes and delivers digital content over both wireless and wired networks to connected devices. Founded in 2004 and headquartered in Montreal, Canada, with additional offices in London, Dubai, and Hong Kong, Vantrix focuses on video and image optimization to provide high-performance, scalable solutions tailored for service providers. The company's offerings include the Vantrix Media Platform, a software-defined solution that supports multi-screen video delivery, alongside features such as video processing, bandwidth optimization, caching, and analytics. Additionally, Vantrix provides virtualized video processing and a centralized dashboard for managing virtualized applications and infrastructure. With deployments in over 65 networks globally, Vantrix aims to help video service providers meet the increasing demand for multimedia content across various mobile devices.