Discovery Capital
Discovery Capital is a venture capital firm specializing in early and growth stage investments. It seeks to invest in information technology with a focus on hardware and software companies, communications sector that includes mobile technology that includes wireless and networking solutions, new media, health and life sciences focused on biotechnology, environmental and energy technology, water purification, electric power by wind energy and solar energy, and other advanced technologies focused on hardware and software, industrial, alternative energy, energy-saving technology solutions, and clean technology solutions investments.
Discovery Capital seeks to invest in companies based in British Columbia. It also provides capital for follow-on investments. It will invest in eligible small businesses that qualify under the Small Business Venture Capital Act.
Discover Capital invests in those firm in which their business, together with affiliates, must have less than 100 employees at the time of their initial investment. It may make additional investments if the employment level grows beyond 100.
Also, their business must pay at least 75% of its wages and salaries to B.C. employees. This may be reduced to 50% if their business is engaged in the export of goods or services outside B. C. It prefers to have successful exits by way of initial public offerings and sales of portfolio companies.
John McEwen and Harry Jaako founded Discovery Capital in 1986. It has its headquarters in British Columbia in Canada.
19 past transactions
SoFi
Series C in 2014
SoFi is a finance company that offers a range of lending and wealth management services. The company primarily caters to early-stage professionals and offers variable and fixed rate parent, personal, and MBA loans, mortgage refinancing, and more. They create modern financial products and services that help people borrow, save, spend, invest, and protect their money better so that they can achieve financial independence and realize their ambitions from owning a home to saving for retirement, paying off their student loans, and more.
It was founded in 2016 and is headquartered in San Francisco, California.
Gatekeeper Systems, Inc.
Venture Round in 2008
Gatekeeper Systems, Inc. provides cart retention, management, and push-out prevention for retail stores. The company offers CartControl, a shopping cart containment solution that stops carts from leaving a store’s property and saving them from abandonment, damage, or city fines; Purchek, a pushout theft prevention solution; CartManager for cart retrieval, including labor hours, injury liabilities, and cart-vehicle accidents; and Cart Analytics, a solutions to provides marketing and operations manager with data to reduce costs, and improve sales and customer service. Gatekeeper Systems, Inc. was formerly known as Gatekeeper Systems, LLC and changed its name to Gatekeeper Systems, Inc. in October 2004. The company founded in 1994 and is headquartered in Foothill Ranch, California.
Mobidia Technology, Inc.
Series A in 2005
Mobidia is the provider of the popular and award-winning My Data Manager iOS and Android application - a solution that helps smartphone users save money on data plans while increasing revenue and reducing costs for mobile operators. Mobidia’s mobile analytics and metrics platform provides unique insights into mobile usage trends while driving the next evolution in application discovery, recommendation and mobile advertising.
In Motion Technology
Venture Round in 2005
In Motion Technology's goal is to enable mobile data communications to be flexible, easy-to-use extensions of corporate networks. It does this through the onBoard Mobile Gateway (oMG) device which creates a mobile branch office by providing a single platform that connects all your in-vehicle and mobile devices.
SoFi
Series C in 2014
SoFi is a finance company that offers a range of lending and wealth management services. The company primarily caters to early-stage professionals and offers variable and fixed rate parent, personal, and MBA loans, mortgage refinancing, and more. They create modern financial products and services that help people borrow, save, spend, invest, and protect their money better so that they can achieve financial independence and realize their ambitions from owning a home to saving for retirement, paying off their student loans, and more.
It was founded in 2016 and is headquartered in San Francisco, California.
Rx Networks
Series A in 2007
Rx Networks is an assisted GPS technology and global services company.
Their GPStream framework of assisted GPS solutions, from advanced assistance data streaming services to an integrated suite of mobile software components, is designed to help mobile operators, device manufacturers and GPS chipset vendors deliver a "Click’n Go" user experience for any GPS device, anytime and anywhere.
The company was incorporated as Williwaw Networks, Inc. in 2002 and later changed its name to Rx Networks, Inc. in 2005. The company is headquartered in Vancouver, Canada.
Vivonet
Venture Round in 2005
Vivonet Inc. develops cloud based solutions for the hospitality and food services industries, including point-of-sale, self-serve kiosks, and enterprise management solutions. It offers Vivonet Kiosk provides a new channel for food services management organizations, hotel brands, and full and quick service restaurants to create faster, and more profitable operations; Vivonet Payment Solutions; Vivonet Cloud POS, an online platform, ready to manage food services in various settings from full-service restaurants, to university cafeterias, to national parks; and kitchen display solutions. The company also offers Vivonet Enterprise Manager, a cloud-based control center that allows enterprise level organizations to access data from sales, to food costs, and beyond; and Vivonet Mobile Insights, a mobile-friendly access to real-time and day-to-day reporting on vital business data, from sales numbers to food waste, and beyond. It serves full service and quick service restaurants, hotels and resorts, food service management, healthcare, government, education, stadium and arena, and business and institutions industries. The company was founded in 2000 and is based in Vancouver, Canada with additional office in Bellingham, Washington. As of September 17, 2018, Vivonet Inc. operates as a subsidiary of Infor, Inc.
Edgar Online
Post in 2002
EDGAR Online, Inc. creates and distributes financial data and public filings for equities, mutual funds, and other publicly traded assets primarily in the United States.
The company offers data that assists in the analysis of the financial, business, and ownership conditions of a company or investment vehicle.
The company was formerly known as Cybernet Data Systems, Inc. and changed its name to EDGAR Online, Inc. in January 1999. EDGAR Online was founded in 1996 and is headquartered in Maryland, USA.
Cardlytics, Inc.
Series G in 2017
Cardlytics uses purchase-based intelligence to make marketing more relevant and measurable. They partner with more than 1,500 financial institutions – including Bank of America and PNC – to run their banking rewards programs that promote customer loyalty and deepen banking relationships. In turn, they have a secure view into where and when consumers are spending their money. They use these insights to help marketers identify, reach and influence likely buyers at scale, as well as measure the true sales impact of marketing campaigns. Headquartered in Atlanta, Cardlytics has offices in London, New York, Chicago and San Francisco.
Mobidia Technology, Inc.
Venture Round in 2005
Mobidia is the provider of the popular and award-winning My Data Manager iOS and Android application - a solution that helps smartphone users save money on data plans while increasing revenue and reducing costs for mobile operators. Mobidia’s mobile analytics and metrics platform provides unique insights into mobile usage trends while driving the next evolution in application discovery, recommendation and mobile advertising.
Lat49
Series A in 2009
Lat49 is the online mapvertising system that brings geographically relevant advertising to users of online maps.
By leveraging how visitors use maps online, lat49 serves geographically targeted display ads that are complimentary to current advertising models and change dynamically depending on where the user positions the map.
This patent-pending technology addresses the large demand from web publishers for an ad serving technology that will provide an effective revenue strategy for their map-centric properties, as well as the demand from local and brand advertisers to effectively reach the huge number of people who use online maps to plan, explore and discover.
With lat49, advertisers buy entire sections of the map at multiple zoom levels to suit the goals of their advertising campaigns. They can build regional branding campaigns by owning the map's most zoomed out views, or they can finely tune their message to target the local, street, neighborhood, or urban level audiences.
Inimex Pharmaceuticals Inc.
Series B in 2008
Inimex Pharmaceuticals Inc., a biopharmaceutical company, engages in the development and commercialization of innate defense regulators (IDRs) that modulate the body's innate defenses without causing inflammation. The company offers IMX942, an IDR product that improves survival, ameliorate tissue damage, and reduce bacterial infections through modulation of innate defenses. Its products are used to treat infections and conditions involving tissue injury; ventilator associated pneumonia, tracheobronchitis, bacteremia, endocarditis, and mucositis; and cancer diseases. Inimex Pharmaceuticals Inc. was founded in 2001 and is headquartered in Burnaby, Canada.
One97 Communications Ltd
Series G in 2019
One97 delivers mobile content and commerce services to millions of mobile consumers through India’s most widely deployed telecom applications cloud platform. It has more than 4,500 employees with its headquarters in New Delhi and regional offices in Mumbai, Bengaluru, Pune, Chennai, and Kolkata with global presence in Africa, Europe, Middle East, and Southeast Asia. Marquee investors like Alibaba Group, Ant Financial (AliPay), SAIF Partners, Mediatek, Sapphire Venture, and Silicon Valley Bank back it.
Mobidia Technology, Inc.
Venture Round in 2008
Mobidia is the provider of the popular and award-winning My Data Manager iOS and Android application - a solution that helps smartphone users save money on data plans while increasing revenue and reducing costs for mobile operators. Mobidia’s mobile analytics and metrics platform provides unique insights into mobile usage trends while driving the next evolution in application discovery, recommendation and mobile advertising.
Navarik
Venture Round in 2008
Navarik is a software service provider to the petroleum supply and trading industry. The Navarik Platform standardizes and processes trading and supply operational information, enabling trading and supply operators to make better operational decisions, mitigate risk, and increase productivity.
Lat49
Seed Round in 2007
Lat49 is the online mapvertising system that brings geographically relevant advertising to users of online maps.
By leveraging how visitors use maps online, lat49 serves geographically targeted display ads that are complimentary to current advertising models and change dynamically depending on where the user positions the map.
This patent-pending technology addresses the large demand from web publishers for an ad serving technology that will provide an effective revenue strategy for their map-centric properties, as well as the demand from local and brand advertisers to effectively reach the huge number of people who use online maps to plan, explore and discover.
With lat49, advertisers buy entire sections of the map at multiple zoom levels to suit the goals of their advertising campaigns. They can build regional branding campaigns by owning the map's most zoomed out views, or they can finely tune their message to target the local, street, neighborhood, or urban level audiences.
GaleForce Solutions
Series B in 2006
GaleForce Solutions Inc. designs and delivers customer relations management (CRM) solutions for the financial services industry in Canada and internationally. Its solutions include GaleForce CRM for Financial Services, an enterprise module to the daily workflow of client-facing personnel; GaleForce CRM for Banking, a CRM solution for the client-facing staff of commercial banks, retail banks, and credit unions; GaleForce CRM for Wealth Management, a CRM solution to financial advisors, and account and portfolio managers; and GaleForce CRM for Investment Banking, a CRM solution to investment bankers and support staff. The company's solutions also include GaleForce CRM for Capital Markets, a CRM solution to securities broker dealers, bond and mutual fund brokers and dealers, and research and investment professionals in the capital markets; GaleForce Solutions Data Importer, an user interface that allows users to import data; and GaleForce Online CRM, an online hosted CRM solution for financial services. In addition, it offers maintenance, support, and consultation services; and training courses. The company serves wealth management and multi-family office, retail, commercial and investment banking, and capital markets firms. It provides its solutions through a network of system integration and reseller partners. GaleForce Solutions, Inc. was founded in 2003 and is headquartered in Vancouver, Canada.
Cardlytics, Inc.
Series F in 2014
Cardlytics uses purchase-based intelligence to make marketing more relevant and measurable. They partner with more than 1,500 financial institutions – including Bank of America and PNC – to run their banking rewards programs that promote customer loyalty and deepen banking relationships. In turn, they have a secure view into where and when consumers are spending their money. They use these insights to help marketers identify, reach and influence likely buyers at scale, as well as measure the true sales impact of marketing campaigns. Headquartered in Atlanta, Cardlytics has offices in London, New York, Chicago and San Francisco.
PHEMI Systems Corporation
Series A in 2015
PHEMI Systems Corporation develops a privacy, security, governance, and data management system for Microsoft Azure. The company offers a data privacy management system that unlocks data and get insights while maintaining data privacy. It provides PHEMI Data Privacy Manager, a cloud-based system for the healthcare sector that enables data sharing and offers a governance framework to facilitate compliance with privacy regulations. The company was formerly known as PHEMI Health Systems, Inc. and changed its name to PHEMI Systems Corporation in July 2015. PHEMI Systems Corporation was founded in 2013 and is based in Vancouver, Canada.
