BDC 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.

Steven Abrams

Partner

Dinar Ahmed

Partner

Nabil El Asraoui

Associate

Lenka Baloghova

Associate

Amine Benmoussa

Principal

Disha Bhargav

Associate

Jeremy Billan

Partner, Growth Equity Partners

Ela Borenstein

Vice President

Sara Cavalluzzi

Associate

Cheri Corbett

Director

Olivier Côté

Associate

Kristina D’Amico

Director, Fund Investments

Kyle Feucht

Director

Ajay Gopal

Associate Director

Vivian Kan

Partner

Karim Kennedy

Director - Cleantech Practice

Leonard Kofman

Partner, Intellectual Property-Backed Financing

Sandy Li

Associate

Guillaume Mercier

Senior Vice President, Advisory Services and Business Strategy

Mona Minhas

Partner, Thrive Venture Fund

Claude Miron

Managing Partner - Growth Equity Partners

Anamika Mukherjee

Partner of Industrial, Clean and Energy Technology Venture Fund

Alison Nankivell

Vice President, Fund Investments and Global Scaling

Katherine Nicanorova

Associate

Michael Notto

Partner, Growth Equity Partners

Thomas Park

Partner

Salman Qadir

Associate

Loren Rafeson

Partner, Growth Equity Partners

Karl Reckziegel

Senior Vice President, Direct Investments

Joseph Regan

Managing Partner, Industrial Innovation Fund

Lally Rementilla

Managing Partner, IP-Backed Financing

Victor Scutaru

Managing Director, Private Equity Funds Portfolio

Matt Stanley

Partner, Climate Tech Fund

Stephanie Tadros

Associate

Zoltan Tompa

Director, Cleantech Practice

Ron Warburton

Managing Partner

Past deals in Ontario

Kepler

Series C in 2023
Kepler Communications Inc. is a satellite communications company focused on establishing a telecommunications network in space to enhance connectivity for various applications. The company designs, develops, and operates Low-Earth Orbit (LEO) satellites that provide crucial communication services, including PolarConnect for organizations in extreme environments, a Global Data Service for transferring large data files, and everywhereIOT for Internet of Things (IoT) devices. These services address the challenges of intermittent connectivity faced by non-geostationary satellites and reduce reliance on traditional ground infrastructure. Kepler’s advanced network allows for real-time access to space-borne assets, enabling industries such as maritime, natural resources, defense, and logistics to connect and share information effectively. Founded in 2015 and headquartered in Toronto, Canada, Kepler is actively expanding its satellite constellation, with plans for broader deployments to facilitate global communication capabilities.

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.

Arteria AI

Venture Round in 2022
Arteria AI applies artificial intelligence to the drafting, negotiation, and analysis of contracts.

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, Inc. is a company that develops an enterprise healthcare operating system aimed at improving employee health and lifestyle. Its core offering, the Health Benefits Experience (HBX) platform, functions as a centralized hub for various health solutions, facilitating better engagement and informed decision-making among employees regarding their healthcare. The platform includes features such as a digital wallet for managing coverage and spending accounts, as well as support services for benefits enrollment and navigation. League also provides benefits administration and advisory services, catering to clients in Canada, the United States, and Europe. Founded in 2014 and headquartered in Toronto, Canada, with an office in Chicago, Illinois, League has formed strategic partnerships to enhance its service offerings and foster employee wellness.

GaN Systems

Venture Round in 2021
GaN Systems Inc. is a semiconductor company that specializes in the development and manufacture of gallium nitride power switching transistors and diodes. The company offers 650 V and 100 V E-HEMT transistors, as well as wireless power amplifiers, which are utilized in various sectors including consumer electronics, enterprise equipment, industrial applications, and renewable energy systems such as solar and wind. By leveraging advanced device design and licensed process technology, GaN Systems produces high-performance devices that significantly enhance switching efficiencies compared to traditional silicon-based solutions. These innovations are designed to address power conversion challenges, reduce product costs, and improve energy efficiency in applications ranging from electric vehicles to power supply designs. Founded in 2008 and headquartered in Ottawa, Canada, GaN Systems also maintains offices in Japan, China, and Germany, serving a global customer base.

PathFactory

Private Equity Round in 2021
PathFactory delivers the on-demand experience for B2B by enabling buyers with the most relevant information at every step of their unique journey and allowing them to binge-consume content, removing friction and making the buying process more efficient. By tracking exactly what each buyer is consuming along the path to purchase, PathFactory delivers hyper-relevant, real-time content recommendations and dramatically expedites the buying process.

Grüvi

Seed Round in 2021
Producer of craft-brewed, alcohol-free beverages intended to create an inclusive community. The company produces a range of non-alcoholic drinks including beer and wine, enabling consumers to enjoy a tasty and healthy alternative when they do not feel inclined to drink in a social setting.

#Paid

Series B in 2021
Learn more about #paid’s creator media platform at www.hashtagpaid.com/product

MSP Corp

Funding Round in 2021
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.

Hydrostor

Venture Round in 2021
Hydrostor Inc. is a company based in Toronto, Canada, specializing in Advanced Compressed Air Energy Storage (A-CAES) technology that addresses the growing demand for reliable and sustainable electricity solutions. Founded in 2010, Hydrostor's innovative approach allows for the conversion of electrical energy into compressed air, which can be stored and later converted back into energy during peak demand periods. This technology is designed to facilitate the integration of renewable energy sources, optimize grid operations, and provide essential services such as dispatchable capacity and transmission deferral. Hydrostor's solutions are applicable in various contexts, including repurposing retired fossil fuel plants and serving large industrial operations and mining facilities. The company operates primarily in the United States, Australia, and Canada and collaborates with leading engineering and construction providers to deliver comprehensive energy storage solutions.

Notch

Series A in 2021
ChefHero Inc. is a technology company that operates a mobile and web application designed for businesses in the food service industry to efficiently order wholesale restaurant supplies. Founded in 2015 and based in Toronto, Canada, ChefHero connects restaurants, bars, coffee shops, food trucks, and caterers with regional suppliers. By streamlining the ordering process, the platform allows culinary professionals to focus more on their craft rather than the logistics of supply procurement. ChefHero aims to enhance the operational efficiency of food service businesses through its user-friendly interface and dedicated supplier network.

Novamera

Series A in 2021
Novamera Inc. engages in mining of gold, copper, and other ores by drilling to recover ore from steeply dipping, narrow vein deposits that are considered uneconomic when applying traditional extraction methods. It combines high resolution subsurface imaging and directional drilling in a two-pass process that identifies the physical shape of the vein for drilling. The company is based in Mississauga, Canada with an additional office in Baie Verte, Canada.

Swift Medical

Series B in 2021
Swift Medical Inc. is a Toronto-based company that specializes in wound care management through its mobile application, Swift. This application enables healthcare professionals to measure and document the progression of patients' wounds efficiently. By facilitating real-time sharing of wound images, Swift enhances communication among medical teams and ensures precise and consistent documentation. The platform is designed to provide comprehensive wound care solutions for healthcare enterprises, streamlining the process from initial assessment to ongoing treatment.

Comet Biorefining

Series C in 2021
Comet Biorefining, Inc. is based in London, Canada, and specializes in the development of sustainable ingredients from agricultural waste materials. The company focuses on converting non-food sources such as wood, wheat straw, bagasse, and corn stover into high-purity cellulosic glucose syrup. This innovative technology provides a cost-competitive alternative to traditional food-based sugar sources like corn or sugar cane, ensuring price stability and lower costs. In addition to its glucose products, Comet Biorefining offers biomass conversion and pretreatment services, along with a range of consulting services that include process development, engineering, and project development. The company is currently focused on scaling up its commercial operations and establishing partnerships within the renewable biofuels and biochemicals industries.

Tulip

Series C in 2021
Tulip Retail, Inc. is a developer of a cloud-based mobile platform designed specifically for retail store associates. Founded in 2013 and based in Toronto, Canada, with additional offices in Kitchener, London, Caerano di San Marco, and New York, Tulip aims to enhance the in-store experience by empowering associates with a suite of intuitive mobile applications. The platform offers features such as assisted selling, clienteling, and a comprehensive checkout system, allowing associates to access product and customer information seamlessly. Retailers use Tulip's solutions to provide an enriched omnichannel shopping experience, streamlining operations and communications while elevating customer service. Notable clients include Saks Fifth Avenue, Kate Spade, and Coach, among others.

SkyWatch

Series B in 2021
SkyWatch Space Applications Inc. is a company that develops satellite data aggregation software through its platform, EarthCache. This platform enables users to discover and access a wide range of remote sensing datasets. SkyWatch offers digital infrastructure for distributing Earth observation data and derived intelligence, equipping application developers with essential tools, including advanced processing algorithms and comprehensive APIs for machine-to-machine integration. EarthCache features informative dashboards for usage monitoring and a code builder for rapid application development. The platform supports various datasets from satellite constellations such as Triplesat, Sentinel-2, and Landsat-8, making it suitable for academic research and partnerships. Founded in 2014, SkyWatch is based in Waterloo, Ontario.

Xanadu

Series B in 2021
Xanadu Quantum Technologies Inc., founded in 2016 and based in Toronto, Canada, specializes in developing photonic quantum computers. The company integrates quantum silicon photonic chips into existing hardware to create full-stack quantum computing solutions. Xanadu offers several software tools, including PennyLane, a Python library for quantum machine learning and hybrid quantum-classical computations, and Strawberry Fields, an open-source programming language for quantum computing. The company aims to make quantum computing accessible and beneficial by addressing real-world challenges and enhancing computational capabilities beyond classical methods. By combining expertise from leading scientists and industry professionals, Xanadu is positioning itself as a significant player in the quantum technology landscape.

Neurescence

Debt Financing in 2021
Neurescence Inc. is a Toronto-based company established in 2014 that specializes in developing advanced assessment tools for brain diseases and therapeutics. The company offers two types of graded-refractive-index (GRIN) lenses designed for imaging various areas of the central nervous system. These thin, cylindrical lenses are implanted alongside a focus-adjustable fiber-lens connector, enabling the transmission of fluorescence signals from neurons to a CMOS sensor. Additionally, Neurescence provides the Quartet, a miniature fluorescence microscope coupled with data collection software, optimized for neuronal calcium imaging. This technology enables simultaneous monitoring of neuronal activities across multiple brain regions and the spinal cord in freely behaving subjects, aiding healthcare providers in diagnosing and treating conditions such as Alzheimer's disease, epilepsy, and depression.

Exact Imaging

Venture Round in 2021
Exact Imaging develops high-resolution micro-ultrasound systems for enabling real-time imaging and guided biopsies in the urological market for prostate cancer. Its micro-ultrasound system enables visualization and targeting of suspicious regions, in addition to performing systematic TRUS biopsies for prostate cancer imaging and the surrounding anatomy. The company also offers FusionVu micro-ultrasound/MRI fusion application to complement its ExactVu micro-ultrasound system for prostate imaging and biopsy. Exact Imaging was formerly known as Imagistx, Inc. and changed its name to Exact Imaging in March 2015. The company was founded in 2003 and is based in Markham, Canada.

KOHO

Series C in 2021
KOHO Financial Inc. is a financial technology company based in Toronto, Canada, founded in 2014. It offers low-cost banking services through a prepaid, reloadable Visa debit card and a mobile application designed to simplify financial management for users. The platform enables customers to conduct their daily banking operations while providing tools for expense management, such as setting financial goals, cash flow projections, group spending features, and spending insights. These functionalities allow users to effectively manage their finances and make informed spending decisions while on the go.

Peak Power

Series A in 2021
Peak’s AI-powered software enables intelligent energy in smart cities by optimizing synthetic, stationary, and mobile batteries to act as grid resources. Peak’s solutions reduce operating costs and the environmental footprint of our clients while decreasing strain on the grid.

Borrowell

Series C in 2021
Borrowell Inc. is a financial services company based in Toronto, Canada, founded in 2014. It operates an online marketplace-lending platform that connects borrowers with lenders, offering a variety of financial products, including personal loans and credit cards. Borrowell provides Canadians with tools to manage their financial well-being, including free credit score monitoring and personalized recommendations for financial products from various partners. The platform aims to simplify the borrowing process by empowering users to make informed decisions, access low-interest loans, and improve their overall financial health. Through its innovative approach, Borrowell seeks to enhance the borrowing experience for Canadians.

Symend

Series B in 2021
Symend Inc. develops a digital engagement platform designed to enhance debt recovery processes while prioritizing positive customer experiences. Founded in 2016 and based in Calgary, Canada, with additional offices in Toronto and Denver, the company utilizes behavioral science and advanced analytics to provide enterprise clients with insights into consumer behavior. This enables businesses to engage customers effectively and encourages them to resolve past due bills through personalized communications, self-service tools, and flexible repayment options. Symend's platform incorporates features such as treatment planning and campaign management, aiming to reduce debt delinquency and improve customer satisfaction. The company serves a diverse range of industries, including telecommunications, financial services, utilities, and media, and operates globally across North America, Latin America, and the Asia-Pacific region.

Peak Power

Venture Round in 2021
Peak’s AI-powered software enables intelligent energy in smart cities by optimizing synthetic, stationary, and mobile batteries to act as grid resources. Peak’s solutions reduce operating costs and the environmental footprint of our clients while decreasing strain on the grid.

Tealbook

Series A in 2021
Tealbook, Inc. operates an online supplier knowledge management and procurement platform aimed at enhancing buyer-supplier relationships. Headquartered in Toronto, Canada, the company consolidates and centralizes credible supplier information, including company details, product offerings, social media feeds, and diversity certifications. This data-driven platform facilitates procurement teams in identifying qualified suppliers, collaborating with stakeholders, and improving visibility and analytics across the supplier base. Tealbook integrates seamlessly with various enterprise systems, such as ERP and contract management tools, to streamline procurement processes. Since its incorporation in 2012, Tealbook has gained recognition for its innovative approach, earning placements on lists like the CIX Top 20 and the Gartner Cool Vendor list. The platform is designed to empower organizations by providing access to a broader ecosystem of qualified suppliers, thereby enabling agile procurement and fostering meaningful partnerships.

RockMass

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.

Kenota Inc.

Series A in 2020
Kenota Health develops next-generation rapid point-of-care system intended to be used for allergy testing in humans. Kenota's diagnostic tools are safe, simple, and offer a cheaper alternative to allergy testing using a thorough non-invasive technology, enabling physicians to improve patient outcomes.

Skygauge

Seed Round in 2020
Skygauge has reinvented the drone to perform work not possible with drones today. Their first application is performing industrial inspections (Ultrasonic Testing). Instead of having workers on ropes, boom lifts, and scaffolding The Skygauge will perform inspections 5-10x faster. This reduces turnaround time, cost of inspection, and increases safety because workers are not exposed to work at height. Once they dominate the inspection market our core technology will branch out into pressure washing/cleaning, painting/coating, and attach a robot arm for general work. The same way robot arms created a workforce in factories their drones will create a workforce in the sky.

Tulip

Venture Round in 2020
Tulip Retail, Inc. is a developer of a cloud-based mobile platform designed specifically for retail store associates. Founded in 2013 and based in Toronto, Canada, with additional offices in Kitchener, London, Caerano di San Marco, and New York, Tulip aims to enhance the in-store experience by empowering associates with a suite of intuitive mobile applications. The platform offers features such as assisted selling, clienteling, and a comprehensive checkout system, allowing associates to access product and customer information seamlessly. Retailers use Tulip's solutions to provide an enriched omnichannel shopping experience, streamlining operations and communications while elevating customer service. Notable clients include Saks Fifth Avenue, Kate Spade, and Coach, among others.

Aya

Seed Round in 2020
Aya Payments, Inc. is a healthcare fintech company based in Toronto, Canada, founded in 2018. The company specializes in developing innovative healthcare spending solutions designed to administer health benefits and adjudicate claims. Its offerings include novaHSA, a platform that enables users to access, manage, and monitor healthcare costs, and Dynamic Ledgering, which provides a range of financial products including payment, deposit, lending, and investment solutions tailored for fintech companies. Aya Payments primarily serves employees and their dependents, aiming to enhance the efficiency and effectiveness of healthcare financial management.

Li-Cycle

Series C in 2020
Li-Cycle is a clean technology company specializing in the recycling of lithium-ion batteries. Founded in 2016 and based in Mississauga, Canada, the company employs an innovative process known as Li-Cycle Technology™ to recover 80 to 100% of materials from end-of-life batteries. This closed-loop resource recovery system not only ensures the safe and sustainable processing of battery waste but also addresses the increasing demand for critical materials essential for battery production. In addition to recycling, Li-Cycle provides various services, including logistics management and destruction, aimed at creating environmentally responsible solutions for battery disposal and resource recovery.

R-Hauz Solutions Inc.

Seed Round in 2020
R-Hauz Solutions Inc. is a Toronto-based company established in 2017 that focuses on addressing housing affordability in urban areas. It provides innovative real estate products designed for developers and property owners, including six-storey avenue townhomes and two-storey laneway suites. By leveraging the city’s development guidelines, R-Hauz empowers urban landowners and families to meet their housing needs through a unique approach known as housing-as-a-product. Their V2 and V6 offerings facilitate the creation of additional housing options in Toronto, utilizing off-site construction methods that ensure elegant design at an affordable price. Through these solutions, R-Hauz contributes to increasing the housing supply in a manner that is both practical and responsive to diverse urban needs.

Canvass AI

Series A in 2020
Canvass AI develops a predictive analytics platform that leverages artificial intelligence to enhance industrial operations across various sectors, including food and agriculture, automotive, energy, and metals and mining. The platform automates the data analysis process, enabling companies to gather insights on production efficiency, maintenance, and energy use with ease. By providing actionable insights and real-time guidance, Canvass AI empowers industrial operators to optimize their processes, improve quality, and reduce energy consumption. The technology is designed to facilitate the adoption of AI in industrial settings without requiring extensive data science expertise, thus supporting companies in lowering operational costs, improving profitability, and extending the lifespan of their assets. Founded in 2016 and based in Toronto, Canada, Canvass AI was previously known as Dat-uh Inc. and rebranded in August 2017.

BinSentry

Series A in 2020
BinSentry Inc. is an agricultural technology company based in Kitchener, Canada, founded in 2017. The company specializes in developing an Internet of Things (IoT) solution that provides software and solar-powered sensors to monitor feed bins for feed mills and livestock producers. BinSentry's platform enables effective tracking of on-farm inventory, automating logistics and inventory management to enhance operational efficiencies. By utilizing predictive technology and integrating artificial intelligence, the solution helps streamline supply chains and optimize trucking routes, reducing the risk of supply disruptions and increasing overall profitability in livestock and grain management.

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, founded in 2015 and headquartered in Toronto, Canada, offers a cloud-based learning software known as Synapse, designed to enhance the efficiency of corporate learning and development teams. The platform facilitates collaboration between learning designers and stakeholders throughout the learning experience design process, enabling users to create prototypes and use blueprints for effective course development. Synapse streamlines various training processes, including project planning and content design, allowing organizations to gain better visibility into their training needs and consolidate multiple tools into a single platform. This integrated approach ensures that collaboration with subject matter experts is seamless, allowing for efficient knowledge capture and updates. With additional offices in San Diego, California, and Merida, Mexico, Cognota serves clients across various sectors, aiming to empower individuals to learn and grow effectively.

ThoughtWire

Debt Financing in 2020
ThoughtWire Corp. develops and markets an application platform for enterprise and cloud applications. The company was founded in 2009 and is based in Toronto, Canada.

SOL Cuisine

Private Equity Round in 2020
Sol Cuisine Inc. is a Canadian company based in Mississauga, specializing in the manufacturing of vegetarian, vegan, halal, gluten-free, and organic frozen and fresh meat alternatives. Founded in 1980, the company offers a diverse range of products, including fattoush salad, horseradish aioli, vegan chipotle aioli, lemon dill aioli, vegan maki, the ultimate vegan poutine, and savory morning swirls. Committed to using local and environmentally sustainable ingredients, Sol Cuisine focuses on delivering delicious and high-quality foods that cater to health-conscious consumers.

Zoom.ai

Venture Round in 2020
Zoom.ai Inc. is a Toronto-based company that specializes in developing an artificial intelligence-driven automated virtual assistant. Founded in 2016, the software integrates with a user’s existing data to learn their preferences and streamline various operational tasks. It assists in meeting scheduling, workload management, and logistics coordination, while also providing features like reminders and warm introductions. The virtual assistant facilitates communication through popular messaging platforms, including Slack, Skype, Facebook Messenger, Google Hangouts, SMS, and GroupMe. By automating routine tasks, Zoom.ai aims to enhance productivity for enterprise managers and reduce workplace distractions.

Sampler

Series B in 2020
At Sampler, we help consumer packaged good brands of all sizes and categories deliver physical samples to digitally targeted consumers. Our turnkey solution helps brands gather consumer feedback and demographic insights that will increase successful trial and in-turn conversion rates. Using Sampler, brands no longer need to hand out samples at random, and can get product into the right hands. We call it Direct to Consumer Product Sampling.

Solink

Series B in 2020
Solink is a data-driven security platform designed to capture and audit video and transactional data with the aim of proactively reducing fraud. The platform features a unique Video Discovery application that allows users to search for specific events, eliminating the need for manual evidence retrieval based on time and location. By automatically matching in-store transactions with video footage, Solink enables users to analyze data and identify suspicious activities effectively. This comprehensive service model provides businesses with the tools necessary to collect, analyze, investigate, and manage their security data remotely, enhancing overall business security.

Invixium

Series C in 2020
Invixium Inc. is a manufacturer of advanced biometric solutions headquartered in Markham, Canada, with additional research and development operations in Ahmedabad, India. Established in 2012, the company offers a range of products designed to enhance security and convenience in access control. Its offerings include Ixm Mycro, which personalizes environments for home users; Ixm Touch, which prevents time theft in businesses by capturing electronic time stamp entries; IXM Titan, a multipurpose edge computing device that recognizes faces; IXM Merge, an indoor fingerprint tracking device; and Ixm Sense, tailored for industrial environments such as construction sites and hospitals. Invixium's products are designed to replace traditional access methods like keys and passwords with modern, internet-ready biometric solutions, all while ensuring durability in harsh conditions.

Cinchy

Series A in 2020
Cinchy Inc. is a technology company based in Toronto, Canada, that specializes in a data collaboration platform utilizing data fabric technology. Founded in 2014, Cinchy's platform connects various data sources within a unified networked architecture, allowing organizations to manage and protect their data more effectively. This innovative approach enables real-time collaboration among multiple systems and users without the need for separate application databases. By facilitating a cross-application data network, Cinchy enhances data accessibility while improving security for both customer and employee information. The platform has been recognized for its capabilities, having received accolades such as best-of-show at Finovate and being featured in Gartner's "Cool Vendors in Data Management." Through its unique architecture, Cinchy aims to eliminate data fragmentation, reduce costs, and streamline operations for enterprises.

Clover

Pre Seed Round in 2020
An innovative solution to a growing demand for convenience.

Tehama

Series A in 2020
Tehama Inc. is a company that develops an automated software-as-a-service platform aimed at creating secure, cloud-based virtual work environments. Founded in 2018 and headquartered in Ottawa, Canada, Tehama's platform allows users to establish virtual offices, rooms, and desktops that can be accessed from any device with a web browser. The service addresses key security and operational challenges faced by enterprises, service providers, and individuals by facilitating efficient access to a global workforce while ensuring secure management and compliance. Tehama’s solution includes features such as real-time activity feeds, session recordings, and comprehensive audit trails, enabling organizations to streamline the onboarding of talent and enhance productivity without sacrificing security.

Eagle's Flight

Private Equity Round in 2020
Eagle's Flight is provides a comprehensive offering of learning programs that set the standard for learner engagement and business impact.

Tealbook

Seed Round in 2020
Tealbook, Inc. operates an online supplier knowledge management and procurement platform aimed at enhancing buyer-supplier relationships. Headquartered in Toronto, Canada, the company consolidates and centralizes credible supplier information, including company details, product offerings, social media feeds, and diversity certifications. This data-driven platform facilitates procurement teams in identifying qualified suppliers, collaborating with stakeholders, and improving visibility and analytics across the supplier base. Tealbook integrates seamlessly with various enterprise systems, such as ERP and contract management tools, to streamline procurement processes. Since its incorporation in 2012, Tealbook has gained recognition for its innovative approach, earning placements on lists like the CIX Top 20 and the Gartner Cool Vendor list. The platform is designed to empower organizations by providing access to a broader ecosystem of qualified suppliers, thereby enabling agile procurement and fostering meaningful partnerships.

SkyWatch

Series A in 2020
SkyWatch Space Applications Inc. is a company that develops satellite data aggregation software through its platform, EarthCache. This platform enables users to discover and access a wide range of remote sensing datasets. SkyWatch offers digital infrastructure for distributing Earth observation data and derived intelligence, equipping application developers with essential tools, including advanced processing algorithms and comprehensive APIs for machine-to-machine integration. EarthCache features informative dashboards for usage monitoring and a code builder for rapid application development. The platform supports various datasets from satellite constellations such as Triplesat, Sentinel-2, and Landsat-8, making it suitable for academic research and partnerships. Founded in 2014, SkyWatch is based in Waterloo, Ontario.

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
Adaptiv Networks, Inc. specializes in providing cloud connectivity solutions aimed at facilitating digital business transformation. The company offers software-defined wide-area networks (SD-WAN), which enable automatic site failover, multi-link aggregation, and cloud-based management, thus ensuring reliable and efficient connectivity for various business applications. In addition, Adaptiv Networks provides SD-INTERNET, a solution designed for businesses that rely heavily on cloud services, offering enhanced reliability and network agility. The company serves a diverse clientele, including retail stores, manufacturers, cloud offices, branch networks, and small-to-mid-sized enterprises. Established in 2002 and headquartered in Mississauga, Canada, Adaptiv Networks has formed strategic partnerships with several industry players to enhance its service offerings and support its mission of enabling businesses of all sizes to benefit from effective cloud connectivity.

Nix Sensor

Venture Round in 2019
Nix Sensor Ltd. develops Nix, a color sensor and application that enables users to scan, save, share, and compare their favorite shades on their smartphone. The company’s Nix color sensor and application allows users to scan an object and get its exact color data signature sent to the corresponding application on their phone so as to maintain a palette of preferred shades and even track down an exact tin of paint. It serves interior decorators, and designers and artists of various stripes. The company was founded in 2012 and is based in Hamilton, Canada.

International Test Pilots School

Venture Round in 2019
International Test Pilots School Ltd. (ITPS), founded in 1986 and based in London, Canada, specializes in providing comprehensive training courses for test pilots and flight test engineers. The school has built a strong reputation for delivering effective and affordable flight test training to both military and civilian sectors globally. ITPS's curriculum incorporates valuable insights gained from extensive experience in flight testing various aircraft and helicopters for manufacturers worldwide. The school employs a team of highly qualified instructors, ensuring that training is current and relevant. ITPS emphasizes an innovative and responsive approach to education, which enhances the learning experience by exposing students to diverse technologies, operating concepts, and cultural perspectives relevant to the flight testing profession.

Profound Medical

Post in 2019
Profound Medical Corp. is a medical technology company that specializes in the development of magnetic resonance guided ablation procedures for treating conditions such as prostate disease, uterine fibroids, and palliative pain from bone metastases. The company's lead product, the TULSA-PRO system, combines real-time MRI guidance with robotically driven ultrasound to provide precise, non-invasive tissue ablation. This system is designed to work seamlessly with existing MRI infrastructure in hospitals and treatment facilities. Additionally, Profound Medical offers the Sonalleve platform, which targets uterine fibroids and bone metastases. The company is headquartered in Mississauga, Canada, and has established a co-development agreement with GE Healthcare to enhance access to its TULSA-PRO system. Profound Medical is committed to improving patient care by providing safe and effective treatment options that allow for quicker recovery and a return to daily activities.

Sera4

Venture Round in 2019
Sera4 Ltd. is a manufacturer of wireless locks that provide secure, keyless access control to physical sites. Founded in 2014 and headquartered in Waterloo, Canada, the company has developed a range of products, including the Teleporte access control platform, various keyless hardware, and controllers such as the Armored Padlock and MX5. These products allow users to control and track access to locked locations via a mobile application, enhancing convenience and security. Sera4 operates globally across four continents, focusing on protecting critical infrastructure in remote areas and prioritizing a positive customer experience. The company was formerly known as LockedUp before rebranding in June 2017.

League

Corporate Round in 2019
League, Inc. is a company that develops an enterprise healthcare operating system aimed at improving employee health and lifestyle. Its core offering, the Health Benefits Experience (HBX) platform, functions as a centralized hub for various health solutions, facilitating better engagement and informed decision-making among employees regarding their healthcare. The platform includes features such as a digital wallet for managing coverage and spending accounts, as well as support services for benefits enrollment and navigation. League also provides benefits administration and advisory services, catering to clients in Canada, the United States, and Europe. Founded in 2014 and headquartered in Toronto, Canada, with an office in Chicago, Illinois, League has formed strategic partnerships to enhance its service offerings and foster employee wellness.

Cord3

Seed Round in 2019
Cord3 Innovation Inc. develops software for data security. The company provides data-centric cyber security services to protect files and emails by encrypting them at rest and controls access to the protected data assets for Cloud and enterprise data that protects against access by unauthorized administrators. It provides UNITY File and UNITY Email solutions for the protection of files and emails respectively. The company was founded in 2013 and is headquartered in Ottawa, Canada.

Relogix

Series A in 2019
Relogix Inc. is a Canadian company based in Ottawa that specializes in developing sensor-based devices for monitoring and tracking unused office spaces. The company offers its UtiLive system, which combines advanced sensor technology and a machine learning analytics engine to provide real-time insights into workplace usage. This system helps identify usage patterns, enabling real estate professionals to optimize their portfolios effectively. Relogix operates on a sensor-as-a-service pricing model, which encompasses initial floor planning, the deployment of sensor devices, and ongoing monitoring through a cloud-based application. Founded in 2010, Relogix primarily serves large enterprises and commercial real estate portfolios, particularly those with dynamic mobile workforces, such as technology firms and financial institutions.

TouchBistro

Series E in 2019
TouchBistro, Inc. develops iPad-based point of sale (POS) solutions tailored for restaurants, cafes, bars, food trucks, and other food and beverage venues. The company offers a variety of specialized systems, including Restaurant POS for billing and payments, Food Truck POS for mobile operations, and Coffee Shop POS for efficient order management. TouchBistro's solutions enhance operational efficiency by allowing servers to take orders directly from customers and submit them instantly to the kitchen or bar, thereby reducing errors associated with traditional order entry methods. Additionally, the company provides a range of complementary products such as TouchBistro Reservations for guest management, cloud reporting and analytics tools, and a Kitchen Display system. Founded in 2010, TouchBistro is headquartered in New York, with an additional office in Toronto, and its products are available through the Apple App Store in the United States and internationally.

Plum.io

Seed Round in 2019
Plum.io, Inc. is a Canadian company that operates a cloud-based recruitment platform designed to assist organizations in hiring, developing, and retaining top talent. Utilizing artificial intelligence and principles from industrial and organizational psychology, Plum's platform evaluates key competencies such as adaptability, innovation, and communication to enhance talent acquisition processes. This technology enables companies to make informed hiring decisions, predict successful candidates, and support employee development and workforce planning. Plum.io, originally known as Cream.HR, Inc., was founded in 2012 and rebranded in 2014. The company's mission is to leverage its extensive database of human potential to optimize every stage of the employee journey, from recruitment to leadership development.

Periculum

Funding Round in 2019
Periculum is an alternate credit rating solution for underserved markets, and their vision is to unlock credit for the developing world to accelerate economic empowerment. They provide lenders and financial institutions across Africa with a machine learning, alternate credit assessment solution. Their machine learning model has an 80% default prediction accuracy, better than FICO, Equifax, and Trans Union. Periculum is going to become an Africa-wide credit bureau, providing credit profiles to people and companies across the continent.

CSS Group

Debt Financing in 2019
CSS Group is a newly formed holding company enagaged in providing field services to Canadian government organizations.

BlueDot

Series A in 2019
BlueDot Inc. specializes in data analytics solutions aimed at tracking and managing infectious diseases. Founded in 2008 and based in Toronto, Canada, the company utilizes a combination of human expertise and artificial intelligence to analyze a wide range of data, including disease outbreaks, healthcare facilities, population demographics, and environmental factors. By integrating these datasets with proprietary algorithms, BlueDot provides critical insights that help governments, healthcare organizations, and businesses protect their populations and mitigate the risks associated with infectious diseases. The company's early warning system is designed to anticipate disease threats and support effective responses, addressing an increasingly urgent public health challenge.

Renaissance Repair and Supply

Venture Round in 2019
Renaissance Repair and Supply Ltd. specializes in providing comprehensive repair, testing, and remanufacturing services for the telecommunications industry. Established in 2011, the company is headquartered in Ottawa, Canada, with an additional office in Flower Mound, Texas. Its service offerings encompass various aspects of the supply chain, including repair and test services that feature inbound tracking, system testing, physical repairs, and distribution. The company also provides logistics services such as excess buyback, spares supply, and packaging. Furthermore, Renaissance offers engineering solutions, including test engineering and documentation control, alongside dedicated services for military and defense applications. By focusing on areas like wireline, wireless, optical, data/IP, and IoT, Renaissance enables clients to manage the lifecycle of both legacy and next-generation networking equipment across multiple OEM brands.

HealthIM

Debt Financing in 2019
HealthIM operates a mental health reporting platform designed to aid police in effectively managing crisis situations involving individuals with mental health challenges. The platform integrates seamlessly with existing police hardware and networks, standardizing the admissions process for mentally ill persons under police care. By providing an intelligence-driven system, HealthIM enables law enforcement agencies to proactively prevent crises and mitigate risks while supporting individuals in the community. Additionally, HealthIM fosters collaborative engagement between clients, community-based programs, and interagency activities, encouraging innovative approaches to assist those in need during mental health emergencies.

TickTrade Systems

Debt Financing in 2019
TickTrade Systems Inc is a provider of advanced foreign exchange trading and payment solutions. The company delivers an enhanced user experience through real-time analytics and insights into customer behavior. Its platform allows clients to offer superior service to their institutional, corporate, commercial, and retail customers by integrating streamlined workflows and intelligent features. TickTrade's open and modular architecture facilitates easy integration with existing systems, which helps clients accelerate their time-to-market, reduce costs, and boost profitability. Operating across North America, Europe, and Asia, TickTrade is dedicated to expanding its global client base and enhancing the efficiency of FX trading operations.

Invixium

Series B in 2019
Invixium Inc. is a manufacturer of advanced biometric solutions headquartered in Markham, Canada, with additional research and development operations in Ahmedabad, India. Established in 2012, the company offers a range of products designed to enhance security and convenience in access control. Its offerings include Ixm Mycro, which personalizes environments for home users; Ixm Touch, which prevents time theft in businesses by capturing electronic time stamp entries; IXM Titan, a multipurpose edge computing device that recognizes faces; IXM Merge, an indoor fingerprint tracking device; and Ixm Sense, tailored for industrial environments such as construction sites and hospitals. Invixium's products are designed to replace traditional access methods like keys and passwords with modern, internet-ready biometric solutions, all while ensuring durability in harsh conditions.

Nicoya Lifesciences

Venture Round in 2019
Nicoya Lifesciences Inc. develops sensor products to get affinity, kinetics, and specificity for proteins, antibodies, DNA, RNA, enzymes, polymers, and small molecules. The company offers surface plasmon resonance (SPR) instruments, spectrophotometers, sensor chips, SPR reagents and kits, and SPR accessories; and OpenSPR, a personal label-free biomolecular analysis instrument. It also provides software solutions, such as TraceDrawer, a real-time kinetic analysis software; OpenSPR software that allows the control of the OpenSPR instrument and real time data acquisition; and OpenSpec, a software program for real time optical peak tracking. The company was founded in 2012 and is based in Kitchener, Canada.

Lynx Equity

Venture Round in 2019
Lynx Equity Limited is a private equity firm based in Toronto, Canada, established in 2007. The firm specializes in management buyouts, recapitalizations, and growth capital investments, primarily focusing on small to medium-sized enterprises in North America, particularly in Ontario and Western Canada. Lynx Equity targets a variety of sectors, including manufacturing, business services, financial services, and clean-energy projects, aiming to invest between CAD $200,000 and CAD $8 million per transaction. The firm typically seeks to acquire a 100% stake in its portfolio companies, which generally have an enterprise value ranging from CAD $1 million to CAD $10 million and revenues under CAD $25 million. Lynx Equity employs a buy-and-hold strategy, with investment durations of three to five years, and structures its investments as debt with equity interest. The firm also manages private equity funds and provides diversified risk through loans guaranteed by its portfolio companies, appealing to qualified Canadian investors seeking high-yield debentures.

Prophix Software

Debt Financing in 2019
Prophix Software, Inc. develops corporate performance management software that automates financial and operational processes. The company offers a unified solution that supports integrated financial planning, budgeting, forecasting, reporting, financial consolidation, analysis, cash flow planning, revenue planning, personnel planning, strategic planning, reporting and analytics, project planning, profitability analysis, and capital expenditure planning. It serves customers in construction and engineering, education, financial services, government, healthcare, high tech, life sciences, manufacturing, nonprofit, professional services, retail and wholesale, transportation and logistics, and utilities markets worldwide. The company was founded in 1987 and is based in Mississauga, Canada with additional offices in Brazil, England, and Denmark.

Avidbots

Series B in 2019
Avidbots Corp. develops and manufactures autonomous floor cleaning robots, primarily focusing on its flagship product, NEO, which is recognized as one of the most advanced autonomous scrubbing robots available. Founded in 2014 and based in Ottawa, Canada, Avidbots uses laser mapping technology to create detailed area maps and plan efficient cleaning paths. Its robots are designed to automate the labor-intensive aspects of commercial cleaning, allowing human cleaning crews to concentrate on higher-value tasks. Avidbots' products are utilized in various settings, including airports, retail malls, hospitals, colleges, and industrial sites across multiple countries. The company's vision is to integrate robots into everyday life to enhance human capabilities and improve operational efficiency in cleaning processes.

ClaroNav

Venture Round in 2019
ClaroNav Inc. is a Toronto-based company that develops software solutions for medical image processing and surgical navigation. Founded in 2001, it specializes in technologies that assist surgeons in performing minimally invasive and precise procedures. ClaroNav's key products include MicronTracker, which tracks the location and orientation of specially marked objects, and various applications such as Navident, an image-guided navigation system for dental implantation, and NaviX, a surgical navigation platform. The company's technology enhances the accuracy of dental implant procedures by allowing real-time tracking on patient scans, thereby increasing the confidence of dental professionals. ClaroNav also offers services in algorithmic development for image acquisition and calibration. The company serves diagnostic imaging and medical device firms, as well as medical centers globally.

Nuvyyo

Series B in 2019
Nuvyyo Inc., founded in 2010 and based in Kanata, Canada, specializes in electronic solutions that enhance the home media experience for consumers in the U.S. and Canada. The company is best known for its Tablo product, which is a whole-home over-the-air (OTA) digital video recorder (DVR) that allows users to easily discover, watch, and record free HDTV across various devices, including smartphones, tablets, and computers. Launched in 2014, Tablo was the first app-enabled DVR for over-the-air television. In addition to Tablo, Nuvyyo offers JetStreamHD, a mobile media solution that streams live TV, videos, and music to iPads, along with an adapter that connects users to their home network. Nuvyyo's products are available online and through application stores, catering to the growing demand for flexible media consumption.

Firmex

Acquisition in 2019
Firmex Inc. is a Toronto-based provider of virtual data room solutions, offering an online platform for secure document sharing utilized by organizations globally. Established in 2006, Firmex specializes in facilitating the exchange of confidential documents essential for various processes, including mergers and acquisitions, due diligence, fundraising, and compliance. Its solutions are designed to support a range of sectors such as investment banking, law, private equity, and corporate governance, enabling clients to manage sensitive information effectively during complex transactions. Firmex's user-friendly platform serves over 140,000 companies, ensuring simple, secure, and efficient document sharing without hidden costs. The company also maintains an additional office in London, United Kingdom.

Book4Time

Debt Financing in 2019
Book4Time is a global provider of cloud-based Spa Management, activity scheduling and revenue management solutions for hotels, resorts, day spas and salons in over 70 countries. Our State of the art software and inequal customer support makes us the preferred solution of choice to some of the world's largest and most prestigious beauty and wellness brands on a global scale.

Solink

Series A in 2019
Solink is a data-driven security platform designed to capture and audit video and transactional data with the aim of proactively reducing fraud. The platform features a unique Video Discovery application that allows users to search for specific events, eliminating the need for manual evidence retrieval based on time and location. By automatically matching in-store transactions with video footage, Solink enables users to analyze data and identify suspicious activities effectively. This comprehensive service model provides businesses with the tools necessary to collect, analyze, investigate, and manage their security data remotely, enhancing overall business security.

Orium

Venture Round in 2019
Myplanet is a software studio and certified BCorp. Based in Toronto with global studio presence, we’re working with the world’s most influential organizations to catalyze change across business silos. Drawing from a range of talents and perspectives, our team brings together data, systems thinking, and curiosity to build next generation experiences. We’re tackling mission-critical digital challenges for businesses by taking the millions of moments of interaction they have with customers every day and surfacing key opportunities to engage and connect within those moments. We’re building deep capabilities in data-driven design, AI implementation, and personalization, while forming strong partnerships with leaders in machine learning, hardware development, and IoT platforms. We’re shaping the way organizations use technology to deliver context-aware, multi-interface experiences that equip them to meet their business goals.

Blue J

Series A in 2018
Blue J Legal Inc. is a Toronto-based company that specializes in artificial intelligence software designed to predict court outcomes in employment law and tax matters. Founded in 2015, Blue J Legal offers two main products: Tax Foresight and Employment Foresight. Tax Foresight utilizes deep learning to analyze fact situations and uncover patterns in case law, enabling tax professionals to make informed judgments that align with the likely decisions of tax enforcement agencies and courts. Employment Foresight is tailored for human resource professionals, in-house counsel, and employment lawyers, providing rapid insights into how courts would address complex employment law issues, including reasonable notice, employee drug testing, worker classification, and dismissal causes. Through its innovative solutions, Blue J Legal aims to bring clarity and predictability to legal decision-making.

Page Zero Media

Debt Financing in 2018
A full-service digital marketing agency specializing in Google AdWords, organic search findability, and related services. Founded in 2000 by Andrew Goodman.

Cinchy

Seed Round in 2018
Cinchy Inc. is a technology company based in Toronto, Canada, that specializes in a data collaboration platform utilizing data fabric technology. Founded in 2014, Cinchy's platform connects various data sources within a unified networked architecture, allowing organizations to manage and protect their data more effectively. This innovative approach enables real-time collaboration among multiple systems and users without the need for separate application databases. By facilitating a cross-application data network, Cinchy enhances data accessibility while improving security for both customer and employee information. The platform has been recognized for its capabilities, having received accolades such as best-of-show at Finovate and being featured in Gartner's "Cool Vendors in Data Management." Through its unique architecture, Cinchy aims to eliminate data fragmentation, reduce costs, and streamline operations for enterprises.

CrowdRiff

Series A in 2018
CrowdRiff is a Toronto-based company that offers a visual marketing platform specifically designed for the travel and tourism industry. Founded in 2011, the platform utilizes artificial intelligence to help marketers discover, manage, and share high-performing visual content across various marketing channels. By combining image discovery and digital asset management, CrowdRiff enables clients to enhance their community engagement through personalized interactions, turning community management into an integral part of their workflow. The platform includes features like Media Hub, which facilitates the sharing of visual content with journalists and content creators. CrowdRiff serves a diverse range of clients, including tourism boards, resorts, aquariums, and museums, helping them effectively connect with their audiences.

Canvass AI

Seed Round in 2018
Canvass AI develops a predictive analytics platform that leverages artificial intelligence to enhance industrial operations across various sectors, including food and agriculture, automotive, energy, and metals and mining. The platform automates the data analysis process, enabling companies to gather insights on production efficiency, maintenance, and energy use with ease. By providing actionable insights and real-time guidance, Canvass AI empowers industrial operators to optimize their processes, improve quality, and reduce energy consumption. The technology is designed to facilitate the adoption of AI in industrial settings without requiring extensive data science expertise, thus supporting companies in lowering operational costs, improving profitability, and extending the lifespan of their assets. Founded in 2016 and based in Toronto, Canada, Canvass AI was previously known as Dat-uh Inc. and rebranded in August 2017.

Corsa

Series C in 2018
Corsa Technology Inc. is a Canadian company specializing in networking hardware and security solutions. Founded in 2011 and based in Ottawa, it provides programmable data planes that enhance Software Defined Networking (SDN). Corsa's OpenFlow data planes are designed for various applications, including router replacement and bypass in wide area networks, as well as for network functions virtualization. The company also offers a network security virtualization platform that enables large enterprises and service providers to efficiently scale traffic inspection, including encrypted traffic, at a reduced total cost of ownership. By integrating virtualization with intelligent orchestration, Corsa facilitates the deployment and management of next-generation firewall arrays, allowing clients to easily expand their network security capabilities in response to growing bandwidth demands.

League

Series B in 2018
League, Inc. is a company that develops an enterprise healthcare operating system aimed at improving employee health and lifestyle. Its core offering, the Health Benefits Experience (HBX) platform, functions as a centralized hub for various health solutions, facilitating better engagement and informed decision-making among employees regarding their healthcare. The platform includes features such as a digital wallet for managing coverage and spending accounts, as well as support services for benefits enrollment and navigation. League also provides benefits administration and advisory services, catering to clients in Canada, the United States, and Europe. Founded in 2014 and headquartered in Toronto, Canada, with an office in Chicago, Illinois, League has formed strategic partnerships to enhance its service offerings and foster employee wellness.

Relogix

Seed Round in 2018
Relogix Inc. is a Canadian company based in Ottawa that specializes in developing sensor-based devices for monitoring and tracking unused office spaces. The company offers its UtiLive system, which combines advanced sensor technology and a machine learning analytics engine to provide real-time insights into workplace usage. This system helps identify usage patterns, enabling real estate professionals to optimize their portfolios effectively. Relogix operates on a sensor-as-a-service pricing model, which encompasses initial floor planning, the deployment of sensor devices, and ongoing monitoring through a cloud-based application. Founded in 2010, Relogix primarily serves large enterprises and commercial real estate portfolios, particularly those with dynamic mobile workforces, such as technology firms and financial institutions.

TouchBistro

Series D in 2018
TouchBistro, Inc. develops iPad-based point of sale (POS) solutions tailored for restaurants, cafes, bars, food trucks, and other food and beverage venues. The company offers a variety of specialized systems, including Restaurant POS for billing and payments, Food Truck POS for mobile operations, and Coffee Shop POS for efficient order management. TouchBistro's solutions enhance operational efficiency by allowing servers to take orders directly from customers and submit them instantly to the kitchen or bar, thereby reducing errors associated with traditional order entry methods. Additionally, the company provides a range of complementary products such as TouchBistro Reservations for guest management, cloud reporting and analytics tools, and a Kitchen Display system. Founded in 2010, TouchBistro is headquartered in New York, with an additional office in Toronto, and its products are available through the Apple App Store in the United States and internationally.

ecobee

Series C in 2018
ecobee, Inc. is a Canadian company based in Toronto that specializes in manufacturing Wi-Fi enabled smart thermostats and light automation equipment for both residential and commercial use. Founded in 2007, ecobee offers a range of products, including the SmartThermostat with voice control, ecobee3 lite, SmartSensor, and ecobee Switch+, all designed to enhance energy efficiency and provide remote access to temperature settings through a mobile application. These devices enable users to monitor and manage their energy consumption effectively, contributing to energy conservation while maintaining comfort in homes and offices. ecobee's products are available for purchase online, making them accessible to a wide audience.

Miovision

Convertible Note in 2018
Miovision Technologies Inc. specializes in traffic data collection and management solutions for transportation networks. Founded in 2005 and headquartered in Kitchener, Canada, with an additional office in Cologne, Germany, the company offers a range of products including Miovision Central for project management, Scout Video Collection Unit for traffic counting, and Miovision Traffic Data for data processing and analysis. Its Spectrum solution enhances signal connectivity for intelligent transportation systems, while Teal facilitates goal-setting and progress tracking for teams. Miovision's hardware offerings include interfaces, smart links, cameras, and antennas, complemented by customer support services. The company serves a diverse clientele, including traffic data collection firms, engineering firms, and government agencies, reaching over 17,000 municipalities globally. Through its advanced technology, Miovision aims to improve the transportation experience for drivers, cyclists, and pedestrians while addressing the challenges of modern transportation networks.

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.

GreenMantra Technologies

Venture Round in 2018
Based in Brantford, Ontario, GreenMantra™ Technologies utilizes a proprietary thermo-catalytic system and patented process to cost-effectively convert and "up-cycle" waste plastics, including hard-to-recycle materials such as grocery bags and film, into high-value waxes and other specialty chemicals. These materials have a broad range of applications in the coatings, plastics processing, adhesives, roofing and paving industries.

Swift Medical

Series A in 2018
Swift Medical Inc. is a Toronto-based company that specializes in wound care management through its mobile application, Swift. This application enables healthcare professionals to measure and document the progression of patients' wounds efficiently. By facilitating real-time sharing of wound images, Swift enhances communication among medical teams and ensures precise and consistent documentation. The platform is designed to provide comprehensive wound care solutions for healthcare enterprises, streamlining the process from initial assessment to ongoing treatment.

ThoughtWire

Series A in 2018
ThoughtWire Corp. develops and markets an application platform for enterprise and cloud applications. The company was founded in 2009 and is based in Toronto, Canada.

Upchain

Series A in 2018
Upchain, founded in 2015, is a developer of cloud-based product lifecycle management software aimed at enhancing collaboration across decentralized product value chains. Recognizing that traditional solutions primarily catered to large multinational corporations, Upchain seeks to include suppliers and smaller manufacturers in the process. Their software provides essential features such as item management, version control, change management, bills of materials management, file compliance, and computer-aided design integration. By focusing on these functionalities, Upchain enables manufacturers operating within complex supply chains to increase revenue, reduce costs, and improve product quality. The company envisions a fully interconnected supply chain where collaboration is standard and critical data is both accessible and secure.

CanvasPop

Series A in 2018
CanvasPop LLC is a prominent provider of personalized photo art and gifts, specializing in on-demand printing services. Founded in 2009 and based in Las Vegas, Nevada, the company offers a variety of products including canvas prints, framed prints, photo collages, magnets, and decorative pillows. CanvasPop aims to enhance customer experience through high-quality products and exceptional support, catering to individual preferences by allowing users to upload images from various sources. With facilities in the United States and Canada, the company serves over 450,000 customers and provides shipping options across the European Union, ensuring a broad reach for its innovative offerings.

Sampler

Seed Round in 2018
At Sampler, we help consumer packaged good brands of all sizes and categories deliver physical samples to digitally targeted consumers. Our turnkey solution helps brands gather consumer feedback and demographic insights that will increase successful trial and in-turn conversion rates. Using Sampler, brands no longer need to hand out samples at random, and can get product into the right hands. We call it Direct to Consumer Product Sampling.

Wattpad

Venture Round in 2018
Wattpad Corp. is an online community platform based in Toronto, Canada, founded in 2006, that facilitates storytelling by connecting readers and writers. The platform allows users to read, write, and share stories in multiple languages, fostering collaboration through comments and multimedia interactions. With over 65 million users who collectively spend more than 20 billion minutes per month engaged in original content, Wattpad enhances the storytelling experience through its flagship app. Additionally, the company offers Tap, a product featuring short, chat-based stories, and Wattpad Studios, which co-produces stories for film, television, and print with industry partners. Wattpad Brand Solutions provides advertising products aimed at engaging Millennial and Gen Z consumers, leveraging the platform's extensive community and technological capabilities to enhance content creation and distribution.

REPerformance

Seed Round in 2018
95% of the athletes involved in youth sport do not play sport past high school and only 0.4% of that group play past College! What is left for the 95%? Reperformance aims to provide the opportunity to excel in sport and life through fitness. REPerformance (know by it's community of users as "REP") in October 2019, partnered with Canada's largest sports and entertainment company, MLSE by powering a youth fan experience combine event for the Toronto argos. At REP we live through our product. We are located inside a University recreation in Canada and have a workplace culture of participating in our products. Each and every day as a company from developers, marketing, customer experience and our CEO all play sports and exercise as a team. REP is a culture of being your best possible self as a employee then bringing that energy to our customers.

MIMOSA Diagnostics

Seed Round in 2018
MIMOSA Diagnostics Inc., founded in 2016 and based in Toronto, Canada, specializes in developing a multispectral mobile tissue assessment device aimed at improving foot health monitoring for diabetes patients. In response to healthcare system challenges exacerbated by pandemics, the company has created a connected care platform that facilitates remote communication between patients and healthcare providers for the assessment and triage of diabetic foot ulcers. This innovative device stands out in the Canadian market as it integrates multiple monitoring capabilities into a single personal medical device, addressing the increasing backlog of chronic illness patients who require routine care but may avoid healthcare settings due to safety concerns. Unlike existing products that measure isolated data points, the MIMOSA device provides comprehensive monitoring of essential factors related to diabetic foot ulcer management.

InnerSpace

Seed Round in 2018
InnerSpace Technologies Inc. offers a comprehensive indoor mapping and navigation platform that leverages advanced mapping technology, smartphone-compatible sensors, and machine learning to create automatic maps and pinpoint the location of individuals and objects in indoor environments. Founded in 2014 and based in Toronto, Canada, the company provides location-as-a-service solutions on a subscription basis for both enterprise and consumer applications, catering to clients across the United States, Europe, Asia, and Canada. InnerSpace's platform enables businesses to enhance their operations by optimizing real estate utilization, improving workplace experiences, managing customer engagement in retail settings, and enhancing safety protocols in smart buildings. By utilizing easy-to-install IoT sensors and out-of-the-box analytics, InnerSpace helps organizations effectively leverage their key assets—people and real estate—leading to significant operational efficiencies and improved financial outcomes.

Uvaro

Seed Round in 2018
Uvaro operates as a tech sales training program under Kiite Inc., which was founded in 2017 in Waterloo, Canada. The program is designed to equip students with the skills necessary to pursue or advance their careers in tech sales. Uvaro offers a unique curriculum that includes online live classes, collaborative working sessions, and optional internships, addressing common skills gaps in the industry. By focusing on practical training and real-world applications, Uvaro aims to enrich the talent pool for tech sales roles, helping sales teams capture, organize, and effectively utilize the information needed to close deals.
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