Conexus Credit Union

Conexus Credit Union is the largest credit union in Saskatchewan and the sixth largest in Canada, managing a total of $7.14 billion in funds. With over 120,000 members, it offers personalized financial services through 41 branches located throughout the province. In addition to its core banking operations, Conexus also co-manages the Conexus Venture Capital Fund, established in 2019 in Regina. This venture capital fund focuses on investments in the information technology sector, aiming to support 15 to 20 companies with investments ranging from CAD 0.3 million to CAD 3 million each.

Sean O'Connor

Managing Director - Conexus Venture Capital and Emmertech

15 past transactions

Illuma Labs

Series A in 2024
Illuma Labs is a provider of real-time voice authentication and fraud-prevention technology for securing voice communications across contact centers and connected devices. Its platform analyzes natural conversations to verify caller identity and detect fraud in real time, running passively in the background to continuously profile the speaker and the calling device. The flagship Illuma Shield solution combines signal processing, machine learning, and AI to authenticate users with high accuracy in seconds, reducing fraud and improving customer experience. The company serves verticals such as financial services, insurance, e-commerce, and credit unions, and has roots in research projects with the U.S. Department of Homeland Security. Founded in 2018 and based in Plano, Texas, Illuma Labs focuses on enabling seamless, secure customer identification without adding friction to the user experience.

Arctic Shelf

Seed Round in 2022
Arctic Shelf is a manufacturer and designer of refrigerated lockers catering to schools and workplaces.

Coconut Software

Series B in 2021
Coconut Software is a developer of a cloud-based appointment scheduling and visitor management platform designed to streamline customer interactions. The platform integrates on-location and digital channels, facilitating self-service booking, curbside pickup, online and physical queuing, and wait time tracking. Additionally, it supports callback requests and virtual meetings, along with contact center integration. Coconut Software's features include text and email reminders, queue management, staff and location oversight, system permission management, and the ability to create custom questions and metrics. By providing performance reporting and real-time traffic insights, the platform enables banks and credit unions to reduce customer wait times and alleviate pressure on staff, ultimately improving overall service efficiency.

Callia

Series A in 2021
Callia is an online gifting platform that specializes in flower delivery services, aiming to enhance the experience of sending flowers for personal and corporate occasions. The company simplifies the process of ordering high-quality bouquets, allowing users to easily share sentiments of love, kindness, and hope. By offering a range of floral arrangements, Callia provides a convenient and affordable solution for both individual customers and organizations looking to celebrate special moments or convey appreciation.

Prairie Robotics

Seed Round in 2021
Prairie Robotics specializes in AI-driven waste sorting technology. It uses imaging to identify and estimate the weight of different waste types entering landfills.

7shifts

Series B in 2021
7shifts is a comprehensive team management platform specifically designed for the restaurant industry. The company offers a suite of tools that assist restaurateurs in making informed decisions, enhancing team retention, and streamlining operations. Its software automates employee scheduling, enabling restaurant managers to efficiently manage work hours and utilize detailed analytics to optimize workforce performance. By improving employee engagement and facilitating communication, 7shifts replaces the need for last-minute phone calls and shift swaps, ultimately helping to reduce labor costs. Trusted by over 40,000 restaurants and one million professionals in the sector, 7shifts serves both front-of-house and back-of-house teams, positioning itself as a vital resource for restaurant management.

Curbie

Seed Round in 2021
Curbie is an online platform facilitating vehicle buying, selling, and trading in Canada. It offers consumers a unique ecommerce experience with home delivery and a 7-day return policy. The company employs automated systems and AI tools to minimize staffing needs and enhance decision-making.

Callia

Seed Round in 2021
Callia is an online gifting platform that specializes in flower delivery services, aiming to enhance the experience of sending flowers for personal and corporate occasions. The company simplifies the process of ordering high-quality bouquets, allowing users to easily share sentiments of love, kindness, and hope. By offering a range of floral arrangements, Callia provides a convenient and affordable solution for both individual customers and organizations looking to celebrate special moments or convey appreciation.

ServiceBox

Seed Round in 2020
ServiceBox develops a web-based platform for field service management. Its solution streamlines workflows by integrating quoting, work orders, scheduling, maintenance, invoicing, payments, timesheets, and accounting integration. This enables businesses to improve efficiency and operators to monitor operations effectively.

Curatio Networks

Series A in 2020
Curatio Networks Inc. is a Vancouver-based company that develops a mobile and desktop application known as Curatio, which provides a social health prescription solution for patients. This platform empowers individuals to create their own private support networks, allowing them to connect with peers and experts while accessing health trackers and sharing valuable information regarding their conditions. Curatio facilitates compliant engagement between patients and various stakeholders, including payers, providers, researchers, and pharmaceutical manufacturers, across 85 countries and in five languages. The platform's unique approach to fostering peer support and tailored health monitoring has earned it multiple awards, reinforcing its commitment to ensuring that no patient feels alone during their health journey.

Coconut Software

Series A in 2019
Coconut Software is a developer of a cloud-based appointment scheduling and visitor management platform designed to streamline customer interactions. The platform integrates on-location and digital channels, facilitating self-service booking, curbside pickup, online and physical queuing, and wait time tracking. Additionally, it supports callback requests and virtual meetings, along with contact center integration. Coconut Software's features include text and email reminders, queue management, staff and location oversight, system permission management, and the ability to create custom questions and metrics. By providing performance reporting and real-time traffic insights, the platform enables banks and credit unions to reduce customer wait times and alleviate pressure on staff, ultimately improving overall service efficiency.

SalonScale

Seed Round in 2019
SalonScale is a technology company that provides hardware and software to manage hair color product usage and costs in salons. It develops Bluetooth-enabled scales that measure the exact amount of dye used and a mobile and web platform for tracking color usage, inventory, and expenses in back-bar operations. By weighing products and recording associated charges, the solution enables salons to separate color costs from stylist labor and improve inventory management. The platform serves salons with a back-bar management system and dashboards for cost measurement. Founded in 2018 and headquartered in Saskatoon, Canada, SalonScale was created by stylists and has grown to over a thousand users across North America.

7shifts

Series A in 2019
7shifts is a comprehensive team management platform specifically designed for the restaurant industry. The company offers a suite of tools that assist restaurateurs in making informed decisions, enhancing team retention, and streamlining operations. Its software automates employee scheduling, enabling restaurant managers to efficiently manage work hours and utilize detailed analytics to optimize workforce performance. By improving employee engagement and facilitating communication, 7shifts replaces the need for last-minute phone calls and shift swaps, ultimately helping to reduce labor costs. Trusted by over 40,000 restaurants and one million professionals in the sector, 7shifts serves both front-of-house and back-of-house teams, positioning itself as a vital resource for restaurant management.

SafetyTek

Seed Round in 2019
SafetyTek is a company that specializes in workplace safety engagement software. Their primary product is a safety management platform designed to automate the implementation of a company's safety program. The platform leverages data to foster a strong safety culture, aiming to keep workforces both safe and productive. By bridging the gap between field-level occupational health information gathering and management filing, SafetyTek makes it easier for businesses to manage their security policies while maintaining compliance with safety regulations. This enables companies to effectively implement comprehensive safety programs across any workforce.

Terra Grain Fuels

Debt Financing in 2006
Terra Grain Fuels is a producer of ethanol and dried distiller's grains, primarily operating within the agricultural and energy sectors. The company collaborates with wheat growers to source its raw materials and subsequently sells its finished products to various manufacturers, including ethanol blenders. Terra Grain Fuels serves clients across the Canadian provinces of Saskatchewan, Alberta, and Manitoba, contributing to the regional economy through its manufacturing and marketing efforts in the renewable energy space.
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