BDC Venture Capital

BDC Capital Inc. is the private equity and venture capital arm of the Business Development Bank of Canada, focusing on direct and fund of funds investments. It specializes in various financing options, including subordinate, recapitalization, bridge, and venture capital, targeting middle market, later stage, and small to medium-sized businesses. BDC Capital engages in venture capital activities across all stages, from seed funding to pre-IPO financing, with a particular emphasis on technology and healthcare sectors. Its investment strategy includes a commitment to supporting women-led firms and spans industries such as life sciences, telecommunications, information technology, and advanced technologies. The firm typically invests between CAD 0.1 million and CAD 35 million, often seeking minority stakes and board representation in its portfolio companies. BDC Capital prefers to exit investments within three to five years, utilizing strategies such as initial public offerings and strategic sales. Established in 1975 and headquartered in Montreal, the firm also has offices in British Columbia, Ontario, Quebec, and Alberta, focusing its investments primarily within Canada.

Dinar Ahmed

Principal

Amine Benmoussa

Principal

Kristina D’Amico

Director, Fund Investments

Ajay Gopal

Associate Director

Nicolas Gravel

Director, Strategic Investments and Partnerships

Saif Hashmi

Principal, Seed Fund and IT Venture Fund

Karim Kennedy

Director - Cleantech Practice

Dion Madsen

Senior Managing Partner

Claude Miron

Managing Partner - Growth Equity Partners

Alison Nankivell

Vice President, Fund Investments and Global Scaling

Jean-François Pariseau

Partner

Thomas Park

BDC Capital’s Deep Tech Venture Fund Partner

Salman Qadir

Associate Principal - Sustainability Venture Fund (SVF)

Loren Rafeson

Partner

Karl Reckziegel

Senior Vice President

Joseph Regan

Managing Partner, Industrial Innovation Fund

Victor Scutaru

Managing Director, Private Equity Funds Portfolio

Allyson Tighe

Analyst, Healthcare Venture Fund

Zoltan Tompa

Director, Cleantech Practice

Ron Warburton

Managing Partner

Past deals in North America

Stathera

Series A in 2023
Stathera transforms the global timing market from Quartz-based to MEMS-based devices.

ChrysaLabs

Series A in 2023
ChrysaLabs has developed a real-time, portable and accurate soil fertility assessment technology to enable growers and agronomists to better managed their fertilizers and increase their yield.

Kepler Communications

Series C in 2023
Kepler Communications is a satellite communications company that is working towards establishing an in-space telecommunications network for space-borne assets. Put simply, we are building cell phone towers in space. This infrastructure will resolve the problem of intermittent connectivity for non-geostationary satellites, will open new business opportunities that necessitate real-time connectivity to satellites, and will reduce reliance on costly and difficult to deploy ground infrastructure. The company is currently developing technologies and delivering services that solved terrestrial connectivity needs, offering terrestrial wideband and soon-to-be narrowband connectivity services for IoT applications. With Kepler's first service, named Global Data ServiceTM, they have been able to pack more Mbps into a nanosatellite than anybody else ever before. This wideband service delivers a store-and-forward type of solution for companies needing to move large quantities of delay-tolerant data from regions where connectivity is limited or non-existent. It is designed to transfer 100s of GBs of data monthly between remote locations and company headquarters or the internet. This service is available today for trials. Kepler is also developing a satellite service for Internet of Things devices – called everywhereIoTTM. A low-power, low-cost, bi-directional narrowband satellite service that will allow to connect assets all around the globe (at sea, land and even in the poles). With two satellites already in orbit, and a third scheduled for launch later in 2019, the company is currently preparing the deployment of its first LEO constellation for 2020.

Brizo Data

Series A in 2023
Brizo FoodMetrics is a leading data and analytics provider for the foodservice industry. Brizo helps the most competitive restauranteurs and restaurant vendors make better informed decisions and win their market.

Libro

Venture Round in 2023
Libro makes the online reservation process easier for restaurant owners and diners.

Shoelace Learning

Seed Round in 2023
Shoelace Learning is the create games that instil a love for reading.

Intelligent City

Series A in 2022
Intelligent City has developed a fully integrated, technology-enabled building platform designed to deliver multi-family housing specifically created to address the key issues facing cities globally: affordability, sustainability and the wants and needs of people living in urban environments. The system consists of a single platform that combines the design, architecture, engineering and fabrication stages of construction, utilizing the principles of “mass customization” – an approach to manufacturing that combines flexibility and personalization of custom-made products with the low unit costs associated with mass production.

POTLOC

Series B in 2022
Trusted by hundreds of leading brands, organizations, consulting firms and investment funds, Potloc provides market insights that help companies connect with their target audiences from around the world. Founded in 2014, Potloc has quickly become the new standard in market research. Using our revolutionary sampling technology, we provide high-quality data insights with pinpoint accuracy, allowing businesses to easily connect with consumers and professionals alike. With over 4.6 billion users on social media alone, Potloc gathers honest opinions and valuable feedback from the largest panel in the world. We also use other surveying methodologies to always ensure you’re getting the most accurate and appropriate insights based on your specific needs. If you’re a business looking for authentic and impactful insights, or a talented individual looking for a Great Place to Work, we’re ready to start the conversation!

Arteria AI

Venture Round in 2022
Arteria AI is a financial services-focused AI company that develops a contract lifecycle management platform for end-to-end digital contracting. Its contract lifecycle management platform helps users generate, negotiate, and turn the executed contracts into data to help clients diagnose problems, identify opportunities, and drive value for the organization. The company's AI platform forms the documentation layer for banking processes and enables the real-time flow of data and analytics. By connecting documentation processes to the automation lifecycle, the company enables true straight-through processing in core business activities across the enterprise.

Mara Renewables

Venture Round in 2022
Mara Renewables Corporation (Mara) is the leading Canadian biotechnology company focused on the research, development, and commercialization of sustainable fermentation algal biotechnologies for nutritional and renewable energy industries.

Vention

Series C in 2022
Vention is a next-generation digital manufacturing platform for machine design, enabling engineers and other manufacturing professionals to design, order and assemble custom factory equipment in just a few days. Vention’s AI-enabled, cloud-based MachineBuilder 3D™ integrates a comprehensive library of modular parts for applications such as automated equipment, robot cells, tooling, and conveyors.

Talent.com

Series B in 2022
Talent.com is a platform that centralizes jobs available on companies'​ career websites, staffing agencies, or job boards. The company was founded in 2020 and is headquartered in Montreal, Quebec, Canada.

Summit Nanotech

Series A in 2022
Summit Nanotech Corporation is a cleantech organization transforming how the world accesses lithium for the global energy transition. Through a patented and sustainable direct lithium extraction (DLE) technology, Summit Nanotech works with mining companies and lithium asset owners in Chile and Argentina to conserve natural resources and optimize operations. It was founded in 2018 and is headquartered in Calgary, Alberta.

LeddarTech

Series D in 2022
LeddarTech provides the most flexible, robust and accurate sensing technology for advanced driver assistance systems (ADAS) and autonomous driving (AD). Our solutions enable customers to solve critical environmental sensing, fusion and perception challenges across the entire value chain. The company develops cost-effective perception solutions scalable from Level 2 ADAS to Level 5 full autonomy with LeddarVision™, a raw-data sensor fusion and perception platform that generates a comprehensive 3D environmental model from a variety of sensor types (camera, radar and LiDAR) and configurations. LeddarTech’s disruptive technology reduces risks, accelerates development cycles and enables faster time-to-market. We are responsible for several cutting-edge remote-sensing innovations, with over 140 patents granted or applied for that enhance ADAS and autonomous driving capabilities. Our customers are OEMs and Tier 1-2 automotive suppliers looking for sensing and perception solutions that allow them to meet their key performance, cost and development time requirements for faster time-to-market and ROI.

Hydrodig

Debt Financing in 2022
Hydrodig is a provider of hydro-excavation services. Hydro-excavation is safer, faster, and more cost-effective alternative than excavating with heavy machinery or by hand around buried infrastructure.

MSP Corp

Venture Round in 2022
MSP Corp acquires and partners with high-performing Managed Service Providers in Canada and the United States to provide resources, technology, and business support to empower exceptional MSP teams. We enable the best to be even better.

League

Series C in 2021
League is a platform technology company powering next-generation healthcare consumer experiences. League's healthcare CX platform creates personalized digital health experiences that drive measurable results.

GaN Systems

Venture Round in 2021
GaN Systems offers a range of Gallium Nitride high-power switching diodes and transistors for clean tech power conversion applications.

ChefHero

Series A in 2021
ChefHero is an online mobile and web application that allows businesses to order wholesale restaurant supplies from a network of dedicated regional suppliers. The ChefHero team brings this vision to life every day, leaving chefs with more time to do what they love: make incredible food.

Comet Biorefining

Series C in 2021
Comet Biorefining is a leading provider of sustainable high-quality cost-competitive cellulosic glucose technology for applications in renewable biofuels and biochemicals. The company’s proprietary technology allows for the conversion of wood, wheat straw, bagasse, corn stover and other agricultural waste materials into high purity cellulosic glucose syrup. These non-food sources offer lower cost and price stability when compared to food sugar sources such as corn or sugar cane. Demonstrated at 5 dry tons per day scale, Comet is focusing on commercial scale up and development of commercial partnerships with applications in renewables industries.

SkyWatch

Series B in 2021
SkyWatch provides a digital infrastructure for the distribution of Earth observation data and derived intelligence. It provides developers with the tools they need to cost-effectively add Earth observation data into their applications and workflows. The company was founded in 2014 and is headquartered in Waterloo, Ontario.

Smart Skin Technologies

Venture Round in 2021
Smart Skin Technologies is commercializing a unique touch sensitive material that has applications in many verticals. The company is currently focused on developing patent pending pressure sensing technology for use industrial and applications in sports.

Clir Renewables

Series B in 2021
Clir is a renewable energy optimization and reporting software that increases the performance and profitability of renewable plants through a cloud based platform software as a service, that integrates deep domain expertise with AI.

KOHO Financial

Series C in 2021
KOHO Financial provides an application-based banking platform to simplify financial products available to everyone. Its platform helps users to complete their day-to-day banking operations while offering tools such as goals, cash flow projections, group spending, spending insights, and categorizations to let users manage their expenses and banking operations on the go. The company was founded in 2014 and is headquartered in Toronto, Ontario.

Super.com

Series B in 2021
We believe the commerce should be as simple as chatting with a friend. We have built an engine that drives commerce over messaging. As our first implementation of this engine - we have chosen hotels. SnapTravel empowers customers to find and book hotel rooms over a conversational interface (SMS, Facebook Messenger, WhatsApp, Alexa...). We use NLP and ML technology backed by humans to recommend hotels and deliver a delightful experience. We have driven over $100MM+ in sales exclusively over messaging. We have raised $20MM+ USD from tier-1 investors including iNovia, Telstra Ventures, Peter Kern (Chairman of the Board at Expedia) and NBA Superstar Steph Curry.

Outcast Foods

Series A in 2021
Outcast Foods has developed a technology that turns surplus fruits and vegetables into high value whole plant powders. This reduces food waste, decreases greenhouse gases (GHGs), and makes nutrients in food last longer. They work with farms, food brokers, food manufacturers and grocers to convert misfit produce into natural health products, pet food and cosmetics.

Symend

Series B in 2021
Symend helps enterprises maximize collections effectiveness and optimize key metrics like recovery rates, liquidation rates, roll rates, and time to cure. By leveraging applied behavioral science and AI, Symend’s digital debt recovery solution empowers businesses in financial services, telecommunications, and utilities to create personalized engagements that guide customers towards positive financial outcomes. Founded in 2016 and globally recognized for innovation, Symend drives meaningful and sustainable improvements in collections strategies while fostering lasting customer relationships.

Expeto

Series A in 2021
Expeto is the world’s first and market leading “carrier-grade” Private Mobile Networking (PMN) platform that allows enterprises to confidently extend public and private mobile networks as one secure corporate WAN without losing control of their data or devices. Unlike hardware-heavy legacy solutions, Expeto is a containerized, software solution purpose-built to install behind the firewall, from the cloud, at the edge, or on prem. Affordably offered “as-a-service” and easily managed by IT, Expeto is as easy to deploy and manage as a Wi-Fi network.

FISPAN

Venture Round in 2020
FISPAN is the market leader in ERP-banking. Our turn-key platform makes it simple for banks to offer commercial banking services embedded in any business application. FISPAN powers best-in-class commercial banking experiences by removing friction and adding value to how the bank’s clients operate their business.

RockMass Technologies

Seed Round in 2020
RockMass Technologies is revolutionizing structural mapping by developing a data collection tool made for geologists. The company creates data collection more efficient, accurate and safe for geologists in mining, exploration, civil engineering and education. At RockMass, our goal is to improve geological mapping in the mining, civil engineering, and exploration industries with our revolutionary mapping technologies.

Aifred Health

Seed Round in 2020
Aifred Health is a cutting-edge AI that will personalize treatment selection in depression, the world's top cause of medical impairment. Aifred addresses a decades-old trial-and-error technique to medicine selection. Almost 70% of people do not find relief after the first session, and 30% do not find relief by the fourth.

Li-Cycle

Series C in 2020
Li-Cycle is a clean technology company with revolutionary technology for resource recovery of end-of-life lithium-ion batteries. Li-Cycle Technology™ is a closed loop, economically viable, safe and sustainable process that can recover 80 – 100% of all materials in lithium-ion batteries. Li-Cycle is on a mission to provide sustainable and safe customer-centric solutions for end-of-lifecycle lithium-ion batteries while meeting the rapidly growing demand for critical batteries.

R-Hauz Solutions Inc.

Seed Round in 2020
Housing affordability is a complex problem being addressed in cities around the world. While new construction is an effective way of increasing supplies, it requires years of planning and often fails to accommodate a wide range of needs. R-Hauz empowers urban landowners and families to self-solve their housing needs through housing-as-a-product. Their ingenious V2 and V6 products create additional housing within Toronto by taking advantage of the city’s development guidelines for avenues and laneways. Unlike traditional builds, these products offer the convenience of off-site construction while providing landowners with an elegant design at an affordable price.

Goodee

Seed Round in 2020
Goodee is a home and lifestyle marketplace and an online destination for sustainable designs.

Canvass AI

Series A in 2020
Canvass AI is an AI-based platform designed for the Industrial Operations. Our software puts AI in the hands of industrial operators, empowering them to improve quality, optimize processes and reduce energy consumption in their day-to-day operations.

CarbonCure Technologies

Venture Round in 2020
CarbonCure Technologies creates, develops, and licenses solutions that consume waste CO2 to make better concrete. It spurs the market shift towards affordable green concrete, by enabling concrete manufacturers to convert waste CO2 into solid minerals, locked away as a solid within concrete during manufacturing. It is a green building technology company currently serving concrete product manufacturers in the US and Canada. It offers concrete producers the ability to manufacture green concrete products without compromising on either quality or price. CarbonCure is a retrofit innovation that repurposes CO2 gas from large final emitters as a feedstock in concrete plants. The gas is permanently converted into embedded solid mineral carbonates that yield material, environmental, and production advantages. By enabling concrete manufacturers to consume CO2 into concrete products during manufacturing, the technology differentiates an otherwise traditional commodity concrete product, while achieving superior material performance characteristics. In addition to technology, CarbonCure provides demand-pull marketing and environmental reporting/certification services to reinforce its customers’ exclusive competitive positioning. The technology is licensed at a very low-CAPEX to concrete producers, generating a recurring revenue stream. CarbonCure Technologies was founded in 2007 and is headquartered in Halifax, Nova Scotia.

ApplyBoard

Series C in 2020
ApplyBoard is a technology company that simplifies the study abroad search, application, and acceptance process by connecting international students, recruitment partners, and educational institutions on a single platform. Through its platform and team of experts, the application process is streamlined from discovery and application to enrollment, assisting thousands of students in pursuing their dreams of studying abroad. In 2023, ApplyBoard was named one of the fastest-growing technology companies in Canada by Deloitte as part of its Fast 50 and Fast 500 rankings. This marked the fifth consecutive year that ApplyBoard was recognized by Deloitte as one of North America’s fastest-growing companies. The ApplyBoard Team has grown rapidly in the past 8 years, employing more than 1,200 team members. The ApplyBoard headquarters is located in downtown Kitchener, Ontario, a dedicated office in Gurugram, India, and team members in 30 countries including Nepal, Bangladesh, China, the Philippines, Vietnam, the United Kingdom, Brazil, Mexico, and the United States.

Klue

Series A in 2020
Competitive Enablement for enterprise sales. Klue helps companies narrow their competitive revenue gap by collecting and curating intelligence from multiple sources (external and internal to the organization) and presenting organized, actionable insights. Revenue teams leverage these insights to tip competitive deals and protect clients from competitive attacks. Product marketers get superpowers to efficiently create, update and deliver differentiated messaging and content across the organization. Klue was founded in 2015 by serial entrepreneurs Jason Smith and Sarathy Naicker and has 200+ employees and 500+ clients across North America and Europe.

ProNavigator

Venture Round in 2020
ProNavigator provides an AI-driven knowledge-sharing platform, used by some of the largest insurance organizations, to save time, provide superior service, and seize revenue opportunities. The platform leverages advancements in artificial intelligence and natural language understanding to instantly and automatically retrieve answers to customers' and employees' questions.

Cognota

Seed Round in 2020
Cognota is the first and only operations platform for learning and development teams. Our platform enables L&D teams to streamline training request management, improve project and capacity planning, rapidly design content and collaborate more effectively with SMEs. Clients across all industries are leveraging Cognota to improve their productivity by eliminating the need for multiple tools to manage learning operations. Looking to thrive in the L&D industry? Join the vibrant LearnOps® Community, a hub where L&D professionals gain insights, engage in thought-provoking discussions, access curated resources, and stay ahead of industry trends. Unlock the power of collective wisdom and experience in the #LearnOpsCommunity Join for free at LearnOps.com

ThoughtWire

Debt Financing in 2020
AT THOUGHTWIRE, WE'RE ON A MISSION TO CREATE SMARTER SPACES USING ThoughtWireOS ThoughtWireOS orchestrates data from people, process, and the physical built environment to deliver smarter, safer and more efficient hospitals, commercial buildings, and cities. Our innovative software applications put people first, whether for clinicians, patients, office workers, or first responders, ThoughtWire puts people in control. ThoughtWire’s applications for smart hospitals, smart buildings, and smart cities unlock the value of data generated from built environments by combining it with context from people, processes and IoT devices.

SOL Cuisine

Private Equity Round in 2020
To make delicious and high-quality foods that are vegan, gluten-free and healthy, using local, environmentally sound ingredients. Taste and see!

ZenHub

Seed Round in 2020
ZenHub is project management software that is intended to assist developers in improving the software development lifecycle. The company's software assists businesses in planning their projects within GitHub and automating workflow to eliminate redundancies, extra steps, and hand-off delays, using live data to identify risks and bottlenecks, and creating a project's real-time roadmap, allowing clients to spend more time working on code and less time managing the work. ZenHub was established in 2014 in Vancouver, British Columbia by Matthew Butler.

VodaSafe

Seed Round in 2020
Vodasafe is a company that provides modern methods for the water-based search for all handhold solar scanning devices. The company's technology identifies human beings underwater using ultrasonic and artificial intelligence technologies. Its objective is to improve technologies to assist in lifesaving and victim recovery for search and rescue, emergency responders, lifeguards, and recreational users.

Sampler

Series B in 2020
Sampler is a provider of digital product sampling services. The company helps consumer-packaged goods brands of all sizes and categories deliver physical samples to digitally targeted consumers. Its turnkey solution helps brands gather consumer feedback and demographic insights that helps increase successful trials and in turn conversion rates.

Solink

Series B in 2020
Solink is a security platform that captures, and audits video and transactional data to reduce fraud proactively. Solink helps clients in managing loss prevention, optimizing business operations, and ensuring that policies and standards are followed. Its cloud video surveillance technology combines video monitoring with point-of-sale systems to provide real-time insight into daily operations.

Invixium

Series C in 2020
Invixium is a leading global provider of touchless biometric solutions that utilize face recognition and temperature detection for access control, workforce management, and visitor screening. Invixium’s fully integrated hardware and software solution provides meaningful analytics to enterprises and industries for increased safety, health, security and productivity. During these unprecedented times, the security of organizations and the health of employees are ever so important. As countries ease lockdowns and plan for a return to the workplace, Invixium has been hard at work developing solutions to solve real-world problems at a rapid pace. By focusing on touchless biometric solutions that ensure the safety and security of the enterprise as well as the employee’s peace of mind; and by implementing technologies like fever detection, Invixium is leading the change into the new world of access control and workforce management. Our razor-sharp focus on enhancing the customer experience has driven us to devote countless hours to perfect our enterprise-grade software platform – IXM WEB. With intuitive workflows and data-driven dashboards, the software provides a comprehensive summary and health of your biometric system. Innovative features within the software, including IXM Time, Health, Link, Convert, and Translate, are designed to optimize enterprises’ access control or workforce management systems to be more efficient and productive. Invixium’s management team has a combined experience of more than 200 years in the biometric access control industry. This extensive experience manifests itself in everything that we have to offer. Invixium’s solutions have been deployed by major enterprises and industries across a broad spectrum of verticals including government, banking, healthcare, pharmaceuticals, refineries, seaports, mining, and higher education in over 60 countries. Invixium products are proudly Made in Canada.

Beehivr

Debt Financing in 2020
Beehivr Technology Inc. is a Canadian company that specializes in developing mobile sales enablement solutions aimed at enhancing the efficiency of sales professionals and retailers. Founded in 2013 and headquartered in Repentigny, Beehivr focuses on improving meeting preparation, responsiveness, and follow-up through its innovative platform. The application allows users to create custom interactive content without the need for coding, enabling sales teams to manage and update visuals and data in real-time. By automating meeting summaries and providing tools for performance measurement, Beehivr empowers clients to have greater control over their sales content, ultimately reinforcing the relationship between sales professionals and their customers.

Cinchy

Series A in 2020
Cinchy is the world's leading Enterprise Data Collaboration platform. Using data mesh principles, Cinchy liberates data from application silos and transforms it into a network of federated data products. Cinchy makes it simple and secure for teams, systems, and AI to “co-produce” data in real time. Cinchy eradicates the time-consuming and error-prone processes associated with coordinating and merging changes across multiple teams and systems, steadily increasing efficiencies and 50%+ time and cost savings compared to traditional approaches, including APIs, ETLs, and spreadsheets. Our customers include tier-1 global banks, credit unions, community banks, asset managers, major retailers, higher education, manufacturing, commercial real estate, and more. They use Cinchy to accelerate their critical transformational projects, including: - Co-production of data between systems - Federated data governance & mastering - AI/ML/LLM operationalization (intelligent apps) - Extending data products/mesh beyond analytics - Elimination of spreadsheets from business-critical processes - Legacy system modernization / SaaS augmentation - Compliance and attestation lineage and workflows - 360 “everything” (digital twin’ for customer, employee, etc.) - SaaS license reduction Request a demo with one of our data collaboration experts to explore how Cinchy can help your organization eliminate copy-based data integration, establish meaningful data governance, and initiate a cycle of simplification, collaboration, and ever-increasing efficiency.

Hopper

Venture Round in 2020
Hopper is a travel app that uses predictive analytics to make travel recommendations. The mobile application uses big data to predict and analyze airfare and accommodations. Hopper provides travelers with the information they need to get the best deals on flights and hotels and notifies them when prices are at their predicted lowest points. In 2007, Frederic Lalonde and Joost Ouwerkerk co-founded Hopper in Montréal, Quebec.

ApplyBoard

Series C in 2020
ApplyBoard is a technology company that simplifies the study abroad search, application, and acceptance process by connecting international students, recruitment partners, and educational institutions on a single platform. Through its platform and team of experts, the application process is streamlined from discovery and application to enrollment, assisting thousands of students in pursuing their dreams of studying abroad. In 2023, ApplyBoard was named one of the fastest-growing technology companies in Canada by Deloitte as part of its Fast 50 and Fast 500 rankings. This marked the fifth consecutive year that ApplyBoard was recognized by Deloitte as one of North America’s fastest-growing companies. The ApplyBoard Team has grown rapidly in the past 8 years, employing more than 1,200 team members. The ApplyBoard headquarters is located in downtown Kitchener, Ontario, a dedicated office in Gurugram, India, and team members in 30 countries including Nepal, Bangladesh, China, the Philippines, Vietnam, the United Kingdom, Brazil, Mexico, and the United States.

Clover

Pre Seed Round in 2020
Clover is an on-site dental care provider at retirement homes, corporate offices, and educational institutions.

Tehama

Series A in 2020
Tehama provides end-user computing, it services, remote work, the future of work, compliance, security, agility, micro-segmentation, containers, marketplace, cybersecurity, saas, paas, secure access, global workforce, infosec, aws, cloud, remote, vendor management, it service providers, daas, and desktop-as-a-service.

Garage Gilmyr inc

Venture Round in 2020
Founded in 1993, Garage Gilmyr specializes in full truckload (TL) and less-than-truckload (LTL) transportation services, roadside assistance, and maintenance and repair of heavy vehicle and trailer fleets. Garage Gilmyr also offers transport, storage and handling logistics services. Headquartered in Montmagny, the business employs close to 320 across its locations.

SkyWatch

Series A in 2020
SkyWatch provides a digital infrastructure for the distribution of Earth observation data and derived intelligence. It provides developers with the tools they need to cost-effectively add Earth observation data into their applications and workflows. The company was founded in 2014 and is headquartered in Waterloo, Ontario.

Precision AI

Pre Seed Round in 2020
Precision AI is on a mission to accelerate artificial intelligence-based farming practices to create healthier, happier, and more profitable farms. By leveraging custom-built AI technology in drones, Precision AI takes crop production decisions from a whole field to an individual plant level. Transforming the industry's dependence on bulkier technology for decades, the outcome of these solutions helps craft the machines of tomorrow that will feed the world. With headquarters in North America, Precision AI is scaling rapidly with an elite team dedicated to solving the agricultural challenges of farms around the world.

iQ Offices

Venture Round in 2019
iQ Offices provides luxury shared office space, co-working, meeting rooms, event space, and virtual office solutions across Canada.

Adaptiv Networks

Venture Round in 2019
Their vision is to remove the barriers of business digital transformation with amazingly simple and effective cloud connectivity.Their mission is to deliver managed SD-WAN services via our network of partners such that businesses of all sizes can realize the benefits of digital transformation with reliable, agile and efficient cloud connectivity.

Charli AI

Seed Round in 2019
Charli AI is on a mission to help reduce stress and improve productivity for businesses, start-ups and knowledge workers everywhere. Charli is a first of its kind, AI powered, multi-skilled mobile app that coordinates and orchestrates some of your biggest productivity killers like scheduling, invoicing, and customer communications. Nearly one third of a busy knowledge workers time is spent on administrative tasks, Charli is here to help reduce time spent on admin so people can do the work that really matters, get home sooner, or finally take that post work bike ride. Powered by AI, Charli is intelligent automation for the digital workplace, completing tasks by using a contextual model of your world, your workflows, and apps just like a human.

League

Corporate Round in 2019
League is a platform technology company powering next-generation healthcare consumer experiences. League's healthcare CX platform creates personalized digital health experiences that drive measurable results.

Verafin

Private Equity Round in 2019
Verafin provides a cloud-based cross-institutional software platform for Fraud Detection and Management, BSA/AML Compliance and Management, High-Risk Customer Management, and Secure 314(b) Information Sharing. More than 2600 banks and credit unions use Verafin to effectively fight financial crime and comply with regulations. Leveraging its big data intelligence, visual storytelling, and collaborative investigation capabilities, Verafin significantly reduces false positive alerts, delivers context-rich insights, and streamlines the daunting BSA/AML compliance processes that financial institutions face today. Verafin is the exclusive provider for Texas Bankers Association, Western Bankers Association, Florida Bankers Association, Illinois Bankers Association, Massachusetts Bankers Association, and CUNA Strategic Services, with industry endorsements in 47 U.S. states.

Imagia

Series B in 2019
Imagia's mission is to leverage advances in artificial intelligence and accelerate the advent of accessible personalized medicine. The company's platform leverage advances in artificial intelligence to provide outcome-based structured clinical data and federated learning capabilities across multiple sources while preserving privacy, enabling clinicians to drive end-to-end discoveries of predictive, diagnostic, and prescriptive analytics.

TouchBistro

Series E in 2019
TouchBistro is an iPad-based restaurant point-of-sale system enabling owners to manage reservations and take orders instantly. Instead of servers repeatedly moving between customers and terminals for order management, servers can remain with customers and instantly submit orders to the kitchen and bar. Servers no longer need to write down an order and then enter it into a distant terminal. TouchBistro's single entry system reduces errors and increases efficiency. Menu items can be presented in vibrant color with every detail captured and can be quickly and easily updated and even published to the Web, providing more dynamic impact than a traditional menu can provide.

Plum.io

Seed Round in 2019
Revolutionary talent assessment platform Plum is talent realized. Universally designed, Plum uses objective data to measure and match human potential to job needs, enhancing talent decisions across the employee lifecycle. With unmatched scalability, Plum empowers organizations to quantify job fit, improve quality of hire, identify potential, provide personalized career insights and create high-performing teams from one platform. Plum has been named a Top HR Product of the Year by Human Resource Executive, won an HR Tech Award from Lighthouse Research & Advisory and secured High Performer status with G2. Visit www.plum.io to learn more.

BlueDot

Series A in 2019
BlueDot empowers public and private organizations to identify infectious disease threats that demand your attention, anticipate what’s coming next, and respond appropriately, without over or under-reacting. Using the power of AI and human expertise, we monitor 190+ diseases globally, for outbreaks. Learn more at bluedot.global

Art Massif

Debt Financing in 2019
Art Massif creates glulam structures for all buildings, including restaurants, offices, schools, and luxury homes. The entire chain, from design to manufacturing to installation. They build wood structures using beams, columns, and decking made of glued laminated timber.

HealthIM

Debt Financing in 2019
HealthIM is an application developed for law enforcement. They provide services for mental health, health care, law enforcement, information technology, analytics, and mental health. They offer hardware, networks, and the admissions process for mentally ill persons under police care, providing users with an intelligence-driven system.

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.

Recover Energy Services

Venture Round in 2019
Recover Energy Services is an eco-tech firm that offers cost-effective and eco-friendly disposal method for oil-based drill cuttings.
good natured is producing and distributing one of North America’s widest assortments of better everyday products made with the highest possible percentage of renewable, plant-based materials and no BPAs, phthalates or other chemicals of concern potentially harmful to human health and the environment. With a growing assortment of over 385 products and services, good natured creates eco-friendly home and business products, food packaging, restaurant/take-out containers, medical and industrial supplies designed to do good for the planet, good for human health and good for business by driving incremental sales, minimizing waste and reducing environmental impact, all bundled up in a fresh and approachable brand.

Avidbots Corp.

Series B in 2019
Avidbots vision is to bring robots to everyday life to expand human potential. Avidbots first product is NEO - the world's smartest autonomous scrubbing robot. NEO is trusted by some of the best managed airports, retail malls, hospitals, colleges, industrial sites, museums, warehouses, etc in 7 countries and counting.

Ace services mécaniques inc

Convertible Note in 2019
Founded in 2010 by Sébastien Bédard and Pascal Rochette—two professional technicians with an entrepreneurial flair, ACE offers specialized mobile mechanical services for heavy equipment. The two co-founders bring with them over 20 years of experience working with all types of machinery. Their work in dealerships, mining and various other areas has allowed them to acquire a solid base of experience. Ambitious, passionate, enterprising: three words that sum up these men and their project! Their goal? To turn ACE Mechanic Services into Quebec’s largest general service provider for heavy equipment. And they are well on their way!

Terramera

Venture Round in 2019
Terramera offers agriculture technology platforms to deliver alternatives to chemical pesticides and fertilizers. It focuses on fusing artificial intelligence, science, and nature to transform how to grow foods and offer a healthy, safe environment free of toxic chemicals for agriculture and public health.

Mojio

Series B in 2019
Scalable, secure and hardware-agnostic, Mojio is the platform and SaaS solution provider of choice to build, launch and scale connected mobility services. Founded in 2012, Mojio has growing teams in Silicon Valley and Vancouver, and counts some of the world’s biggest brands as customers, investors and partners, including Amazon, Bosch, Deutsche Telekom, Microsoft, T-Mobile and Vivint. Mojio’s platform, apps and services deliver a smarter, safer and more convenient car ownership experience for the global driving community. With over 15 billion miles of driving data gathered from more than a million vehicles, Mojio’s big data analytics framework uses machine learning to generate actionable insights, unlocking the next generation of revenue streams for companies throughout the automotive value chain. Learn more at moj.io. Force by Mojio is the ideal GPS fleet tracking solution for small businesses that rely on their vehicles to get the job done. Learn more at forcebymojio.com

Solink

Series A in 2019
Solink is a security platform that captures, and audits video and transactional data to reduce fraud proactively. Solink helps clients in managing loss prevention, optimizing business operations, and ensuring that policies and standards are followed. Its cloud video surveillance technology combines video monitoring with point-of-sale systems to provide real-time insight into daily operations.

Effenco

Series A in 2018
Effenco is an autotech company company specializing in heavy-duty vehicle electrification and connected mobility for the transport industry. It develops and markets its Active-Stop-Start electric hybrid technology, a system that improves the energy efficiency of heavy goods vehicles and reduces its greenhouse gas emissions by 30%. The company's current technology electrifies the propulsion and on-board equipment of vocational heavy-duty trucks, using an ultracapacitor-based technology. Effenco’s technology is an electric system designed to shut down the engine of vocational trucks when they are stationary and to provide electric power to the vehicle equipment, cab and chassis accessories including the HVAC system. Their system eliminates engine to use when immobile for a new and existing heavy-duty vehicle. Effenco was founded in 2006 and is headquartered in Montréal, Quebec, Canada with operations in the United States and Europe.

FISPAN

Venture Round in 2018
FISPAN is the market leader in ERP-banking. Our turn-key platform makes it simple for banks to offer commercial banking services embedded in any business application. FISPAN powers best-in-class commercial banking experiences by removing friction and adding value to how the bank’s clients operate their business.

LeddarTech

Convertible Note in 2018
LeddarTech provides the most flexible, robust and accurate sensing technology for advanced driver assistance systems (ADAS) and autonomous driving (AD). Our solutions enable customers to solve critical environmental sensing, fusion and perception challenges across the entire value chain. The company develops cost-effective perception solutions scalable from Level 2 ADAS to Level 5 full autonomy with LeddarVision™, a raw-data sensor fusion and perception platform that generates a comprehensive 3D environmental model from a variety of sensor types (camera, radar and LiDAR) and configurations. LeddarTech’s disruptive technology reduces risks, accelerates development cycles and enables faster time-to-market. We are responsible for several cutting-edge remote-sensing innovations, with over 140 patents granted or applied for that enhance ADAS and autonomous driving capabilities. Our customers are OEMs and Tier 1-2 automotive suppliers looking for sensing and perception solutions that allow them to meet their key performance, cost and development time requirements for faster time-to-market and ROI.

Finn AI

Series A in 2018
Finn AI provides AI-powered conversational banking technology for personal banking and finance. It puts a personal banker in every bank customer’s pocket, helping them to manage their money wherever they are, whatever they need via a simple, natural conversation. The Finn AI team of data scientists, engineers, and financial industry experts helps banks and credit unions transform customer engagement and increase financial literacy while delivering the convenience and savings of a digital-first experience. It has public deployments in three languages with a growing global customer base that includes ATB Financial, Bank of Montreal (BMO), Banpro Grupo Promerica, and Commonwealth Bank. The company was founded in 2014 and is headquartered in Vancouver, British Columbia.

Eigen Innovations

Venture Round in 2018
Since 2012, Eigen Innovations has been helping manufacturers overcome challenges related to deploying automated inline inspection solutions. Manufacturers adopting Eigen's integrated inspection solutions capture images and data required to create AI-inspection models that deliver part-over-part inspections and generate standardized digital inspection records of every product produced. Using Eigen's OneView software, factory teams leverage these records to seamlessly introduce automation and analyze data to determine the cause of defects and reduce their reoccurrence.

Cinchy

Seed Round in 2018
Cinchy is the world's leading Enterprise Data Collaboration platform. Using data mesh principles, Cinchy liberates data from application silos and transforms it into a network of federated data products. Cinchy makes it simple and secure for teams, systems, and AI to “co-produce” data in real time. Cinchy eradicates the time-consuming and error-prone processes associated with coordinating and merging changes across multiple teams and systems, steadily increasing efficiencies and 50%+ time and cost savings compared to traditional approaches, including APIs, ETLs, and spreadsheets. Our customers include tier-1 global banks, credit unions, community banks, asset managers, major retailers, higher education, manufacturing, commercial real estate, and more. They use Cinchy to accelerate their critical transformational projects, including: - Co-production of data between systems - Federated data governance & mastering - AI/ML/LLM operationalization (intelligent apps) - Extending data products/mesh beyond analytics - Elimination of spreadsheets from business-critical processes - Legacy system modernization / SaaS augmentation - Compliance and attestation lineage and workflows - 360 “everything” (digital twin’ for customer, employee, etc.) - SaaS license reduction Request a demo with one of our data collaboration experts to explore how Cinchy can help your organization eliminate copy-based data integration, establish meaningful data governance, and initiate a cycle of simplification, collaboration, and ever-increasing efficiency.

CrowdRiff

Series A in 2018
CrowdRiff is a visual marketing platform for travel and tourism brands that allows to discover and deliver top-performing visual content to every marketing channel. Powered by artificial intelligence, its platform allows marketers to source and share top performing visuals with their respective audiences, at scale. The company was founded in 2011 and is based in Toronto, Canada.

Hopper

Series D in 2018
Hopper is a travel app that uses predictive analytics to make travel recommendations. The mobile application uses big data to predict and analyze airfare and accommodations. Hopper provides travelers with the information they need to get the best deals on flights and hotels and notifies them when prices are at their predicted lowest points. In 2007, Frederic Lalonde and Joost Ouwerkerk co-founded Hopper in Montréal, Quebec.

Beanworks

Series B in 2018
Beanworks is an accounts payable automation solution that helps companies eliminate paperwork and reduce invoice processing costs. Accounts payable (AP) is consistently ranked as the most frustrating and time-consuming part of accounting by finance professionals. As a company built by accountants for accountants, they empower accounting teams to succeed by automating AP - making it both simple and delightful. Beanworks is modernizing the entire AP process, from the purchase decision to invoice approval with electronic payments included in the experience.

Canvass AI

Seed Round in 2018
Canvass AI is an AI-based platform designed for the Industrial Operations. Our software puts AI in the hands of industrial operators, empowering them to improve quality, optimize processes and reduce energy consumption in their day-to-day operations.

Composites Vci

Venture Round in 2018
Composites Vci is a transportation environmental consulting company located in Saint-lin-laurentides.

Trulioo

Series B in 2018
Trulioo Information Services Inc. is a global leader in identity verification, providing an online portal tailored for the online payments industry. Founded in 2009 and headquartered in Vancouver, Canada, with additional offices in Dublin and San Francisco, Trulioo operates a Digital Identity Network that enables businesses to verify identities efficiently and securely. Their GlobalGateway solution offers access to a vast array of data sources, covering over 5 billion individuals and 250 million companies, facilitating compliance with anti-money laundering and know-your-customer regulations. The platform employs both traditional data, like public records and credit files, and alternative data from social networks and mobile applications to ensure accuracy and reliability in identity verification. Trulioo serves a variety of sectors, including e-commerce, finance, banking, retail, insurance, gaming, and social media, while adhering to stringent security and privacy standards.

LoginRadius

Series A in 2018
LoginRadius is a leading cloud-based Consumer Identity and Access Management solution that empowers businesses to provide a seamless experience for their consumers. The developer-friendly Identity Platform comes with a comprehensive set of APIs to enable authentication, identity verification, single sign-on (SSO), user management, and account protection capabilities such as MFA on web and mobile applications. The company offers open source SDKs, integrations with over 150 third-party applications, pre-designed, and customizable login interfaces, and top-notch data security products. The platform is currently utilized by over 3000 business organizations and has a monthly reach of 1.17 billion consumers worldwide. The company has been named as an industry player in Consumer Identity and Access Management (CIAM), by Gartner, KuppingerCole, and Computer Weekly. Microsoft is a major technology partner and investor.

Corsa Security

Series C in 2018
Corsa Security is the leader in scaling network security with the first turnkey network security virtualization platform that simplifies how large enterprises and service providers scale traffic inspection, including SSL/TLS encrypted, at much lower total cost of ownership (TCO). By tightly integrating virtualization with intelligent orchestration, Corsa streamlines deployment, management and operations of virtualized next generation firewall (NGFW) arrays for large networks. Customers subscribe to the Corsa Red Armor service based on their traffic inspection capacity needs and then pay as they grow while never having to deal with the infrastructure.

League

Series B in 2018
League is a platform technology company powering next-generation healthcare consumer experiences. League's healthcare CX platform creates personalized digital health experiences that drive measurable results.

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.

Focus FS

Venture Round in 2018
Founded in 2012, Focus FS has quickly become a leading provider of advanced technology systems to a wide range of clients across the mining, oil, transportation, utilities, and municipal services sectors. They create powerful information management solutions that fulfill their clients’ need for smarter data—and smarter thinking. Whether you’re interested in capturing operational worksite data, improving logistics or enhancing personnel safety and security, Focus FS delivers intelligent solutions so you can make smarter business decisions. It’s just that simple.

Elastic Path

Series B in 2018
Who we are: Elastic Path is on a mission to break through the barriers that prevent commerce leaders from delivering extraordinary shopping experiences. Today, that means making Composable Commerce accessible to all brands by reducing the cost, time, and overall risk of implementing and managing a multi-vendor approach. With Elastic Path, both business and tech teams are able to innovate on their own terms, fully embrace composability, and in turn, never compromise on what’s possible. Learn more at www.elasticpath.com. Our culture is best described as supportive and driven. Our employees are passionate about what they do and work hard to achieve remarkable things. And they are committed to the greater team, always willing to support others. Our Vision (What the world will look like in 5-10 years): In the future, everyone will be empowered to bring brilliant commerce visions to life. Our Mission (Who we serve, what we do, and how we do it daily) Our mission is to break through the barriers that prevent commerce leaders from delivering extraordinary shopping experiences. Elastic Path is a remote-first global company with collaborative office hubs in Vancouver, Toronto, Boston, Newcastle upon Tyne, and Reading. Our Company Values: *Be Open* - Through a culture that fosters open feedback and collaboration, we help ourselves, each other, and our customers achieve the extraordinary. This means listening deeply, empathizing authentically, and responding thoughtfully. *Be Remarkable* - Every day is a chance to bring our best. When things get tough, we keep going. When we make a commitment, we follow through. And when something can be improved, we find it, own it and fix it. *Be the Customer* - When our customers win, we win, We lead, challenge, and guide them to achieve outcomes beyond their expectations. Every interaction is approached with empathy, integrity, and tenacity. *Be the Team* - We are one team with many voices. With this ethos, success, failure and credit are shared equally. We honor individual strengths while staying accountable to the whole.

TouchBistro

Series D in 2018
TouchBistro is an iPad-based restaurant point-of-sale system enabling owners to manage reservations and take orders instantly. Instead of servers repeatedly moving between customers and terminals for order management, servers can remain with customers and instantly submit orders to the kitchen and bar. Servers no longer need to write down an order and then enter it into a distant terminal. TouchBistro's single entry system reduces errors and increases efficiency. Menu items can be presented in vibrant color with every detail captured and can be quickly and easily updated and even published to the Web, providing more dynamic impact than a traditional menu can provide.

IRYSTEC

Series A in 2018
IRYSTEC is a startup company, incubated at TandemLaunch Inc., leading the perceptual computational display technology. Our talented team of scientists and engineers along with our excellent advisory board in computer vision, physics and human visual system (HVS) are revolutionizing the natural visual experience of the future. IRYSTEC builds ambient intelligent, perceptual software products customized for every individual. We make your displays look the best to you.

ecobee

Series C in 2018
Ecobee is a provider of Wi-Fi enabled smart thermostats for residential and commercial applications, delivering energy conservation solutions. The company offers ecobee Smart Thermostat, a digital programmable thermostat that helps in customizing temperature settings. The thermostat connects the clients to their WiFi, and gives them remote access to the thermostat settings from any computer and helps in energy conservation. Its products are used in single family homes, multi-family dwellings, and offices. The company accepts orders online. The company was founded in 2007 and is based in Toronto, Canada.
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