Business Development Bank of Canada
The Business Development Bank of Canada (BDC), established in 1944 and headquartered in Montreal, is a financial institution dedicated to supporting small and medium-sized enterprises (SMEs) across Canada. BDC offers a range of financial products and services, including business loans, corporate financing, and subordinate financing, as well as consulting services related to strategic planning, human resource management, and international expansion. With a focus on various industries such as aerospace, automotive, construction, fisheries, food and beverage, manufacturing, mining, oil and gas, technology, and tourism, BDC operates through a network of over 100 offices, providing services in both official languages.
ClearRisk, Inc. specializes in providing cloud-based software solutions tailored for the insurance industry in North America. Founded in 2006 and based in St. John's, Canada, the company offers three main products: ClearRisk Manager, an online platform that helps organizations develop and implement risk management plans; ClearRisk Tracker, designed for mid-market municipalities to manage insurance claims, exposures, incidents, and policies; and ClearRisk Underwriter, a web application that facilitates automation and collaboration for insurance brokers and underwriters. ClearRisk's solutions enable insurance professionals, including brokers and risk managers, to efficiently organize, analyze, and automate their risk and claims data, ultimately enhancing their risk management capabilities. The company was previously known as Livyer Enterprises Ltd. before rebranding in August 2008.
Granville Biomedical is a health technology company focused on creating anatomical models that improve healthcare training and patient education. The company specializes in designing innovative simulations and medical devices, particularly in the field of women's health. Its products provide hands-on learning opportunities for private practitioners and sexual health educators, allowing them to accurately rehearse and demonstrate various procedures and products. In addition to its anatomical models, Granville Biomedical has developed a biocompatible Nasopharyngeal (NP) swab for nasal specimen collection, showcasing its commitment to advancing healthcare through extensive research and development in mechanical, simulation, and biological testing.
Mysa is a developer of advanced smart thermostats designed to optimize home heating and reduce energy expenses. Its high-voltage thermostat features smart learning capabilities that can lead to approximately 15% savings on energy bills. The device allows users to remotely control their home's heating through a smartphone from anywhere in the world. Mysa's thermostats are Wi-Fi enabled and can track and display current room temperatures, detect when appliances are mistakenly left on in vacant homes, and generate detailed energy reports that provide insights into daily usage and potential utility costs. Additionally, Mysa's products integrate seamlessly with popular smart home platforms such as Amazon Alexa, Google Home, and Apple HomeKit, enhancing convenience for homeowners seeking efficient energy consumption.
Kute Lab is creating a two-sided platform; one side offers a mobile application to users that simplifies cosmetics ingredients (A chemist in your pocket) and on the other side provides market assessment to beauty manufactures.
Private Equity Round in 2019
Verafin provides a cloud-based cross-institutional software platform for Fraud Detection and Management, BSA/AML Compliance and Management, High-Risk Customer Management, and Secure 314(b) Information Sharing. More than 2600 banks and credit unions use Verafin to effectively fight financial crime and comply with regulations. Leveraging its big data intelligence, visual storytelling, and collaborative investigation capabilities, Verafin significantly reduces false positive alerts, delivers context-rich insights, and streamlines the daunting BSA/AML compliance processes that financial institutions face today. Verafin is the exclusive provider for Texas Bankers Association, Western Bankers Association, Florida Bankers Association, Illinois Bankers Association, Massachusetts Bankers Association, and CUNA Strategic Services, with industry endorsements in 47 U.S. states.
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