PenderFund Capital Management

Checkfront, Inc. is a cloud-based booking management application and e-commerce platform based in Victoria, Canada, with an additional office in Vancouver. Established in 2008, the company serves tour providers, accommodation managers, and rental businesses both in Canada and internationally. Checkfront's platform enables customers to efficiently manage various aspects of their operations, including activities, tours, accommodations, events, and rentals, while also facilitating reservations and customer tracking. With over 4,000 customers across 120 countries, Checkfront offers a fully managed solution built on a Software as a Service (SaaS) model, featuring automated updates, backups, and robust security measures on a high-speed, high-availability network.

Copperleaf Technologies Inc. is a provider of enterprise software solutions designed for asset-intensive organizations dealing with aging infrastructure challenges in Canada and internationally. The company specializes in decision analytics that leverage operational and financial data, enabling clients to optimize capital planning, asset life cycle management, and budgeting. Its flagship product, Copperleaf C55, supports asset investment planning and management by helping organizations make risk-informed decisions, forecast performance, and evaluate investment options with real data. Additionally, Copperleaf offers Copperleaf ESP, a solution for utilities to design and manage demand-side management projects effectively. The company serves sectors such as electrical power generation, transmission, distribution, and gas and water utilities. Founded in 2000 and headquartered in Burnaby, Canada, Copperleaf collaborates with a network of expert partners to deliver its solutions globally.

Boreal Genomics Inc. is a biotechnology company that focuses on the development and commercialization of technologies for blood-based detection and monitoring of circulating tumor DNA. Founded in 2007 and headquartered in Los Altos, California, with an additional office in Vancouver, Canada, the company offers products like OnTarget, which allows for the sensitive detection and quantification of tumor mutations in plasma or tissue. Boreal's platform is designed to enable healthcare professionals to perform accurate genomic profiling and monitor tumor evolution from cell-free DNA in plasma, thereby improving cancer patient care. The OnTarget assay, available as a research-use service, reveals tumor mutations that may be undetectable by other methods, assisting in therapy selection, enhancing clinical trial efficiency, and expediting drug development. Additionally, Boreal provides DNA enrichment and library construction solutions tailored for high accuracy sequencing in liquid biopsy applications.

Clariti Cloud Inc. provides a cloud-based permitting and licensing solution tailored for state and local governments. Founded in 2006 and headquartered in Vancouver, Canada, with an office in Dover, Delaware, the company offers a comprehensive suite of services that facilitate professional and business licensing, contractor and trade licensing, as well as community development processes including building permits and zoning applications. The platform also addresses public safety concerns through the management of liquor licenses, food service permits, and health facility permits. Clariti's solutions are designed to streamline regulatory compliance and enhance interactions between government agencies and citizens, enabling real-time tracking of applications and regulatory changes. The company supports integration with external systems to ensure efficient service delivery, and its solutions are trusted by major cities across North America. Clariti Cloud Inc. operates as a subsidiary of Explora Partners Ltd.

Radiant Communications Corp. is a provider of broadband solutions targeting the business market, primarily in Canada and the United States. The company specializes in a range of Internet Protocol (IP)-based services, including high-speed Internet access, managed virtual private networks, cloud hosting, and content management solutions. With a focus on customization, Radiant Communications offers enterprise cloud hosting, virtual data centers, and network monitoring services, ensuring secure connectivity for organizations with multiple locations. The company serves a diverse clientele, including retailers, financial services, and service-oriented businesses. As of late 2008, Radiant Communications maintained approximately 17,000 business connections across major Canadian cities such as Toronto, Montreal, Calgary, Edmonton, and Vancouver, and is headquartered in Vancouver, Canada.

Monexa helps organizations drive top and bottom line results though more innovative, timely, transparent and customer friendly billing solutions. We provide an agile, cloud-based billing management platform that lets our customers react quickly to market changes while reducing billing costs and complexity.

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.