Teralys Capital
Teralys Capital is a Montréal-based investment firm established in 2009 that specializes in fund of funds investments, primarily targeting early-stage venture capital. The firm allocates 60 to 75 percent of its investments to seed and startup funds, while dedicating 25 to 40 percent to growth, expansion, and technology buyout funds. Teralys Capital focuses its investments predominantly on Canadian funds, with an emphasis on those based in Québec, while also considering opportunities across Canada and internationally. The firm primarily invests in sectors such as information technology, life sciences, and cleantech, aiming to allocate 55 percent of its capital to information technology funds, 30 percent to life sciences, and 15 percent to clean technology and other industrial sectors. Overall, Teralys Capital plays a significant role in supporting the growth of innovative companies through its strategic investments.
Private Equity Round in 2019
Verafin Inc. is a provider of cloud-based software solutions focused on fraud detection and anti-money laundering for financial institutions in North America. The company's flagship platform offers a comprehensive range of tools that enable banks and credit unions to identify potential money laundering or terrorist financing activities through advanced analytics and monitoring of customer transactions. With its capabilities in big data intelligence, visual storytelling, and collaborative investigations, Verafin helps institutions reduce false positive alerts and streamline compliance with regulations. The software also includes features for managing high-risk customers, vendor relationships, and reporting suspicious activities. Verafin is utilized by over 2,600 financial institutions and has established partnerships with various banking associations across the United States. Founded in 2003 and headquartered in Saint John's, Canada, Verafin continues to support financial institutions in their efforts to combat financial crime.
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