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 CRM

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.

Spark

Series A in 2021
Spark CRM is an online platform specifically designed to power the entire process of selling and marketing real estate. Using technology to help turn leads into buyers, inventory into contracts, and information into usable metrics. Spark is a safe, secure and cost-effective solution for selling and marketing real estate. They are all about creating the perfect sales management software and helping real estate professionals sell more homes. Spark CRM aims to advance real estate software through intuitive design and forward-thinking technology; creating a solution built around the end-user, but designed for the business.

ClearRisk

Debt Financing in 2021
ClearRisk is the Online Source for Risk Management Solutions. It offers three products to help an organization better manage it's risk. ClearRiskManager: Online platform that supplies the tools and guides the formalization of a Risk Management Plan. ClearRiskTracker: Provides the mid-market with affordable software to manange claims, exposures, litigation, incidents and insurance polices. ClearRiskTrainer: A five module online training course for business peole wanting to improve on their formal risk management knowledge.

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.

SmartMed

Grant in 2020
SmartMed mission is to design and implement smart, customizable, and user-friendly software solutions that save time, and empower users to efficiently manage the information they need so they can focus on the quality of the process.

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.

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.

LoginRadius

Series A in 2018
LoginRadius Inc. develops and operates a cloud-based customer identity and access management platform for mid-to-large sized companies worldwide. Its platform helps companies deliver a connected customer experience, build an integrated marketing ecosystem, and centralize customer data to define a unified profile and better manage their customer identities. The company’s platform includes customer registration services, social login, profile management, integration with third party marketing applications, user management, and customer insights. LoginRadius Inc. was founded in 2011 and is based in Vancouver, Canada with additional offices in Jaipur and Bengaluru, India; and San Francisco, California.

Avenue HQ

Seed Round in 2018
We build and maintain the website and digital marketing for your realty business, so you can stay connected with your clients—and attract new ones. As a team of marketers, engineers, and designers, we work together to give REALTORS® something they’ve never had before: The chance to market themselves online, and stand out, supported by the knowledge and tools only a team of experts can provide.

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.

Xpertdoc

Seed Round in 2017
Their industry-leading document generation and Customer Communications Management (CCM) platform allows you to improve customer loyalty and drive growth by streamlining web and mobile self-service intake as well as document creation, delivery and management.

LoginRadius

Seed Round in 2016
LoginRadius Inc. develops and operates a cloud-based customer identity and access management platform for mid-to-large sized companies worldwide. Its platform helps companies deliver a connected customer experience, build an integrated marketing ecosystem, and centralize customer data to define a unified profile and better manage their customer identities. The company’s platform includes customer registration services, social login, profile management, integration with third party marketing applications, user management, and customer insights. LoginRadius Inc. was founded in 2011 and is based in Vancouver, Canada with additional offices in Jaipur and Bengaluru, India; and San Francisco, California.

Roveterio

Seed Round in 2016
Rover Labs Inc. offers a location-based mobile marketing platform designed to assist retailers and brands in delivering targeted mobile content based on consumers' physical locations. The platform focuses on proximity marketing solutions, allowing companies to engage with customers in real-time through relevant notifications triggered by their location. It provides tools for managing geofencing and beacons, creating content, and tracking customer interactions, which helps businesses understand customer profiles and evaluate campaign performance. By enhancing mobile apps with its capabilities, Rover enables retailers to engage shoppers effectively during their in-store experiences. Founded in 2015 and headquartered in San Francisco, California, with an office in Toronto, Canada, Rover serves various sectors, including professional sports, retail, loyalty, and tourism.

Circle Cardiovascular Imaging

Venture Round in 2016
Circle Cardiovascular Imaging specializes in developing and marketing advanced software solutions for the post-processing of cardiovascular imaging, specifically for magnetic resonance imaging (MRI) and computed tomography (CT) images. Its primary products include cmr42 and ct42, which facilitate the analysis of cardiovascular MR and CT images, respectively, as well as cvi42, which integrates both modalities for comprehensive evaluations. Additionally, report42 aids in the documentation and reporting of these images. The software is designed to support the diagnosis and management of various cardiovascular conditions, including heart failure, coronary artery disease, and myocardial infarction, among others. Circle Cardiovascular Imaging also provides training, education services, and product support to enhance the user experience. Founded in 2007 and headquartered in Calgary, Canada, the company distributes its products through a global network, serving both clinical and research environments.

CrowdRiff

Seed Round in 2016
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.

ChronoGolf

Series A in 2016
ChronoGolf is a company that specializes in providing comprehensive management solutions for golf courses. Its platform offers a range of services, including online booking, electronic tee-sheet management, and customer relationship management. By integrating tools for member management, tournament organization, and point of sale for pro shops and restaurants, ChronoGolf enhances the operational efficiency of golf courses. The platform enables golf players to easily interact with courses while offering operators valuable insights into customer behavior and preferences. This approach not only helps attract new players but also fosters customer loyalty and retention through data-driven strategies. Overall, ChronoGolf facilitates a seamless connection between golf courses and players, optimizing the overall golfing experience.

Crew

Series A in 2015
Crew is a curated platform that connects designers and developers with vetted clients seeking web and mobile app design services. Established in 2012 and headquartered in Montréal, Quebec, Crew boasts a trusted network of independent creatives who have collaborated on projects for major companies such as Apple, Google, and Uber. The platform facilitates engagement by providing access to hand-picked, screened professionals in the mobile and web industry, enabling application makers to present their projects effectively. This approach aims to enhance project visibility and conversion rates, ultimately contributing to the success of the applications developed.

GridCure

Seed Round in 2015
GRIDCURE INC. provides advanced metering infrastructure solutions. Its solutions enable users to monitor bulk and individual power usage at finer granularity, allowing for analysis on large (grid health, energy balancing, load distribution, and peak load detection) and small (individual health detection and outage detection) scale of power data. The company specializes in grid health analysis, consumption signal processing, fraud detection, and automated communication and alert system. Its solutions also used for automated billing purposes. The company is based in Toronto, Canada.

Spark

Seed Round in 2014
Spark CRM is an online platform specifically designed to power the entire process of selling and marketing real estate. Using technology to help turn leads into buyers, inventory into contracts, and information into usable metrics. Spark is a safe, secure and cost-effective solution for selling and marketing real estate. They are all about creating the perfect sales management software and helping real estate professionals sell more homes. Spark CRM aims to advance real estate software through intuitive design and forward-thinking technology; creating a solution built around the end-user, but designed for the business.

LoginRadius

Angel Round in 2014
LoginRadius Inc. develops and operates a cloud-based customer identity and access management platform for mid-to-large sized companies worldwide. Its platform helps companies deliver a connected customer experience, build an integrated marketing ecosystem, and centralize customer data to define a unified profile and better manage their customer identities. The company’s platform includes customer registration services, social login, profile management, integration with third party marketing applications, user management, and customer insights. LoginRadius Inc. was founded in 2011 and is based in Vancouver, Canada with additional offices in Jaipur and Bengaluru, India; and San Francisco, California.

Sequel

Convertible Note in 2013
CrowdMedia is now Sequel. They capture and curate newsworthy photos in real-time for publishers. Their technology analyzes more than 150M social photos and filters them to deliver the 0.03% that are relevant to news publishers. They instantly clear copyright and take care of payment, saving hours daily for news editors.

WhatsNexx

Series B in 2013
WhatsNexx Moments leverages the world’s leading marketing applications, consolidating campaign management across channels and locations to build intuitive and delightful customer experiences. Our suite and solutions empower marketers to collect and integrate raw customer data into profiles and segments, to design and manage sophisticated, automated campaigns, and to visualize and optimize the customer journey in real-time - all using the tools and apps you already trust to deliver the front line experiences.

QuickMobile

Venture Round in 2013
QuickMobile is transforming meetings and events around the world. Whether it’s increasing attendee participation, building loyalty or generating revenue, meetings professionals leverage their mobile solutions to create richer experiences, extending events into year-long conversations and fostering lasting relationships with their audiences.

Organimi

Seed Round in 2013
Organimi is a software company that specializes in cloud-based solutions for creating, updating, and sharing organizational charts, photo boards, and contact lists. Founded in 2012 and headquartered in Waterloo, Canada, Organimi provides tools that enable real-time documentation and tracking of team structures, making it particularly beneficial for large organizations. The platform integrates with various social, mobile, and cloud services, allowing users to maintain comprehensive records and foster collaboration within their teams. By offering a centralized database for organizational data, Organimi supports small and medium enterprises as well as larger industries in building connected and engaged organizational structures.

LoginRadius

Angel Round in 2013
LoginRadius Inc. develops and operates a cloud-based customer identity and access management platform for mid-to-large sized companies worldwide. Its platform helps companies deliver a connected customer experience, build an integrated marketing ecosystem, and centralize customer data to define a unified profile and better manage their customer identities. The company’s platform includes customer registration services, social login, profile management, integration with third party marketing applications, user management, and customer insights. LoginRadius Inc. was founded in 2011 and is based in Vancouver, Canada with additional offices in Jaipur and Bengaluru, India; and San Francisco, California.

MedCurrent

Seed Round in 2013
MedCurrent is a physician-founded Clinical Decision Support (CDS) company focused on three core operating principles: improved patient outcomes, lower system healthcare costs, and better patient experience. Centered on a deep EMR integration philosophy, our technology platform streamlines provider ordering by merging evidence-based guidelines with clinical workflows at the point of care. Ease-of-use, configurability, and enterprise scalability make MedCurrent a global leader in CDS solutions.

MyCustomizer

Convertible Note in 2012
MyCustomizer is a software-as-a-service platform based in Québec, Canada, that offers customization services for brands and retailers. Established in 2012, the company specializes in creating online product configurations, enabling brands to provide customers with an engaging design-your-own experience. Its platform features photo-realistic product visualization, cloud hosting, compatibility across multiple devices, and integration with social networks. By streamlining the customization process, MyCustomizer allows brands to implement a customizer in days rather than months, enabling them to concentrate on developing and selling high-quality custom products.

QuickMobile

Venture Round in 2012
QuickMobile is transforming meetings and events around the world. Whether it’s increasing attendee participation, building loyalty or generating revenue, meetings professionals leverage their mobile solutions to create richer experiences, extending events into year-long conversations and fostering lasting relationships with their audiences.

Datacratic

Seed Round in 2012
Datacratic, an iPerceptions company, is a leader in providing audience data that helps enterprise brands create more effective and targeted digital marketing campaigns. Datacratic’s Audience Recognition Solution uses visitor feedback to build smarter audience segments that improve the effectiveness of retargeting campaigns. Datacratic’s Audience Optimizer scores 3rd party audiences using 1st party data signals to create high-quality look-alike audiences that increase the reach and performance of digital marketing campaigns. The world’s leading Data Management Platforms integrate with Datacratic including Oracle Data Cloud.

Circle Cardiovascular Imaging

Venture Round in 2012
Circle Cardiovascular Imaging specializes in developing and marketing advanced software solutions for the post-processing of cardiovascular imaging, specifically for magnetic resonance imaging (MRI) and computed tomography (CT) images. Its primary products include cmr42 and ct42, which facilitate the analysis of cardiovascular MR and CT images, respectively, as well as cvi42, which integrates both modalities for comprehensive evaluations. Additionally, report42 aids in the documentation and reporting of these images. The software is designed to support the diagnosis and management of various cardiovascular conditions, including heart failure, coronary artery disease, and myocardial infarction, among others. Circle Cardiovascular Imaging also provides training, education services, and product support to enhance the user experience. Founded in 2007 and headquartered in Calgary, Canada, the company distributes its products through a global network, serving both clinical and research environments.

CML Versatel

Venture Round in 2011
CML Versatel develops communications systems.

WhatsNexx

Series A in 2011
WhatsNexx Moments leverages the world’s leading marketing applications, consolidating campaign management across channels and locations to build intuitive and delightful customer experiences. Our suite and solutions empower marketers to collect and integrate raw customer data into profiles and segments, to design and manage sophisticated, automated campaigns, and to visualize and optimize the customer journey in real-time - all using the tools and apps you already trust to deliver the front line experiences.

CareWorx

Venture Round in 2010
CareWorx is a provider of advanced technology hardware, cloud products and related services to senior care facilities leveraging a strategic partnership with PointClickCare® – the market-leader in Electronic Health Records (EHR) software for senior care. CareWorx provides customers with focused expertise, wireless networking and out-of-the-box point-of-care and mobile technology designed specifically for use in senior care.

ResponseTek

Seed Round in 2003
ResponseTek Networks Corp. specializes in customer experience management software, offering the ResponseTek Listening Platform, which delivers comprehensive insights and analytics to organizations. This platform facilitates multi-channel customer feedback collection through various methods, including SMS surveys and social media monitoring, enabling businesses to gain a unified view of their customer interactions. It provides tools for role-based reporting, real-time data integration, and program management, enhancing the ability of companies to respond effectively to customer needs. Serving sectors such as telecommunications, finance, healthcare, and retail, ResponseTek has established partnerships with major firms like Nielsen and IBM. Founded in 1999 and headquartered in Vancouver, Canada, the company has expanded its presence with offices in North America, Europe, India, and Australia, catering to a global clientele that includes notable corporations like HSBC and Vodafone.
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