BDC Venture Capital

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

Nicolas Gravel

Director, Strategic Investments and Partnerships

Claude Miron

Managing Partner - Growth Equity Partners

Loren Rafeson

Partner

Past deals in Predictive Analytics

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.

Aifred Health

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

Canvass AI

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

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.

Hopper

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

Finn AI

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

Hopper

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

Canvass AI

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

POTLOC

Seed Round in 2018
Trusted by hundreds of leading brands, organizations, consulting firms and investment funds, Potloc provides market insights that help companies connect with their target audiences from around the world. Founded in 2014, Potloc has quickly become the new standard in market research. Using our revolutionary sampling technology, we provide high-quality data insights with pinpoint accuracy, allowing businesses to easily connect with consumers and professionals alike. With over 4.6 billion users on social media alone, Potloc gathers honest opinions and valuable feedback from the largest panel in the world. We also use other surveying methodologies to always ensure you’re getting the most accurate and appropriate insights based on your specific needs. If you’re a business looking for authentic and impactful insights, or a talented individual looking for a Great Place to Work, we’re ready to start the conversation!

Canvass AI

Seed Round in 2017
Canvass AI is an AI-based platform designed for the Industrial Operations. Our software puts AI in the hands of industrial operators, empowering them to improve quality, optimize processes and reduce energy consumption in their day-to-day operations.

Plantiga

Seed Round in 2017
Plantiga provides human movement intelligence, a deep insight into health based on the way people move. Its platform is built to optimize health, prevent injury, and monitor recovery by detecting changes in functional movement patterns that the eye cannot see. The company was founded in 2017 and is headquartered in Vancouver, British Columbia.

POTLOC

Pre Seed Round in 2017
Trusted by hundreds of leading brands, organizations, consulting firms and investment funds, Potloc provides market insights that help companies connect with their target audiences from around the world. Founded in 2014, Potloc has quickly become the new standard in market research. Using our revolutionary sampling technology, we provide high-quality data insights with pinpoint accuracy, allowing businesses to easily connect with consumers and professionals alike. With over 4.6 billion users on social media alone, Potloc gathers honest opinions and valuable feedback from the largest panel in the world. We also use other surveying methodologies to always ensure you’re getting the most accurate and appropriate insights based on your specific needs. If you’re a business looking for authentic and impactful insights, or a talented individual looking for a Great Place to Work, we’re ready to start the conversation!

Pitstop

Pre Seed Round in 2016
Pitstop is a cloud-based Prognostic Maintenance Platform that enables enterprises to leverage the wealth of information available from their vehicle fleets. Their data engine integrates Connected Vehicles, Dealerships, Fleet Manager, Tier 1 Suppliers, OEMs, Insurance Companies and the Aftermarket Supply Chain.

Klipfolio

Series A in 2015
Our mission is to help people succeed with data. We believe in empowering you to make better decisions by eliminating the unknown. Take control of your data and be stronger, better, and more competitive every day. Klipfolio is the new way people and their teams make informed decisions leveraging team-based BI, dashboards, and reporting. From startups to Fortune 500 teams, Klipfolio provides the power and flexibility you always wanted. Succeed with data and start for free.

Plasticity Labs

Seed Round in 2014
Plasticity offers predictive workforce analytics and reporting on the health, happiness and productivity of people and teams. Based on the findings of the Workforce Analytics, customers can turn on the complete platform which includes personal behavioral training to optimize people and build better habits aimed at improving the predicted performance scoring and helping people to better handle the realities of work and life. Plasticity is the only workforce analytics engine that combines explicit employee data, company performance data, and open data to understand and predict the full range of effects on the employee's ability to perform at their best. Connect your HRIS, HCM, or CRM and start actually measuring the ROI of people and culture, health and wellness, and learn how the weather might effect your next quarters results.

TopLog

Seed Round in 2013
topLog turns System Log data into intelligence. By utilizing state-of-the-art Machine Learning techniques and providing an interactive user interface, topLog gives System Administrators better insight into what is happening to their IT resources. Our unique approach saves time and money, allowing for quick and effective event troubleshooting and failure prevention.

Analyze Re

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

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.

Privacy Analytics

Seed Round in 2013
Privacy Analytics allows healthcare organizations to quickly and easily apply a responsible de-identification methodology that ensures individual privacy and legal compliance.

Canopy Labs

Seed Round in 2012
Canopy Labs provides a platform for businesses wanting to build and apply customer models. The company built models for marketing campaigns, organized strategic plans, and have helped numerous companies better understand - and sell to - their audiences. It was founded in 2012 and headquartered in Ontario, Canada.

Privacy Analytics

Venture Round in 2012
Privacy Analytics allows healthcare organizations to quickly and easily apply a responsible de-identification methodology that ensures individual privacy and legal compliance.

Granify

Venture Round in 2012
Granify is an Edmonton-based company backed by several of the strongest venture capital firms in Canada and the US. They are at the intersection of artificial intelligence and e-commerce, providing a SaaS solution that enables online retailers to maximize their sales by using cutting edge big data and machine learning technologies. They are a small but growing team of eager entrepreneurial individuals that enjoy working in a fun, creative, and agile environment.

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.

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.

Neuralitic Systems

Series C in 2011
Neuralitic Systems' helps mobile service operators understand the mobile data user behaviours that influence data service adoption, so that they can automatically uncover new trends and habits and dynamically leverage these emerging behaviours to ignite data revenue growth.

Neuralitic Systems

Series B in 2009
Neuralitic Systems' helps mobile service operators understand the mobile data user behaviours that influence data service adoption, so that they can automatically uncover new trends and habits and dynamically leverage these emerging behaviours to ignite data revenue growth.

Neuralitic Systems

Series A in 2008
Neuralitic Systems' helps mobile service operators understand the mobile data user behaviours that influence data service adoption, so that they can automatically uncover new trends and habits and dynamically leverage these emerging behaviours to ignite data revenue growth.
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