Flow Capital

Flow Capital provides founder-friendly growth capital for high-growth companies operating in high-growth markets in the United States, Canada, and the United Kingdom. As of 2024, we have deployed over $156M in growth capital to 66+ companies. Investment sizes range anywhere from $2-10 million for companies generating at least $3 million in annual revenues. We work closely with companies to come up with a Venture Debt structure that fits their unique company needs.

48 past transactions

Echobox

Debt Financing in 2022
Echobox is a content automation platform that helps businesses automate and optimize their content. Businesses and institutions use Echobox to automate and supplement social media and newsletters, saving time, increasing visibility, and increasing engagement. Echobox uses advanced product management methodologies and a strong focus on simplicity.

Kovo HealthTech

Debt Financing in 2021
Kovo HealthTech is in healthcare technology and revenue cycle management services provider. Kovo acquires and grows businesses to better the healthcare experience within the continuum.

Ask.Vet

Debt Financing in 2021
Vet24seven, Inc. introduces Ask.Vet, the online community where veterinarians engage and interact with animal owners to provide trusted, expert advice, information, & resources that help them with the care, health, and well-being of their animals. Ask.Vet was designed as the ‘go-to’ destination for the two hundred million households with animals around the world. Questions are routed to a licensed veterinarian who is trained to educate, direct, and refer the client to a veterinarian, veterinary hospital, or other service providers nearby for diagnosis, treatment, and care. Veterinarians, clinics, and product/service providers will pay a referral free to Ask.Vet for qualified leads.

Everwash

Debt Financing in 2021
EverWash Car Club is a mobile-powered Membership Sales & Subscription Management Platform to the car wash industry. EverWash develops, markets, and operates the EverWash mobile application gives its’ vast community of mobile phone users the unique, simple, and personalized ability to find, purchase and manage their monthly car wash membership anytime and from anywhere, safely and securely, via their smartphone.

The PYURE Company

Debt Financing in 2021
The PYURE Company manufactures and markets a line of hydroxyl generators to sanitize air and surfaces. PYURE enables customers to create healthier, more productive spaces for everyone by developing smarter ways to improve air quality and protect surfaces. PYURE's patent-protected technology safely generates hydroxyls indoors, mimicking how sunlight sanitizes the outdoor environment. These hydroxyls generate organic oxidants that disperse and treat the entire environment, sanitizing the air and the surfaces with which it comes into contact.

Performio

Debt Financing in 2021
Performio is the last ICM software you’ll ever need. It allows you to manage incentive compensation complexity and change over the long run by combining a structured plan builder and flexible data management, with a partner who will make you a customer for life.

Heretto

Debt Financing in 2021
Heretto is the ultimate AI-powered content operations platform for customer-driven companies. Heretto's cutting-edge Component Content Management System, Deploy API, and Portal toolset empowers users to independently resolve product issues, streamlining support and elevating customer experiences

Miniluxe

Debt Financing in 2021
Miniluxe operates as a nail and beauty lounge that offers manicures, pedicures, warm oil treatment, waxing, and hands and feet therapies. It was founded in 2006 and is headquartered in Boston, Massachusetts.

The PYURE Company

Debt Financing in 2020
The PYURE Company manufactures and markets a line of hydroxyl generators to sanitize air and surfaces. PYURE enables customers to create healthier, more productive spaces for everyone by developing smarter ways to improve air quality and protect surfaces. PYURE's patent-protected technology safely generates hydroxyls indoors, mimicking how sunlight sanitizes the outdoor environment. These hydroxyls generate organic oxidants that disperse and treat the entire environment, sanitizing the air and the surfaces with which it comes into contact.

Echobox

Debt Financing in 2020
Echobox is a content automation platform that helps businesses automate and optimize their content. Businesses and institutions use Echobox to automate and supplement social media and newsletters, saving time, increasing visibility, and increasing engagement. Echobox uses advanced product management methodologies and a strong focus on simplicity.

Novation Networks

Debt Financing in 2020
Novation Networks is a veteran-owned, veteran-operated business that builds critical Internet infrastructure, including 5G wireless and fiber optic networks.

Wedge Networks Inc.

Venture Round in 2019
Wedge Networks is a cyber security software vendor specializing in Real-time Threat Prevention. With numerous patents, industry awards, including a Gartner Cool Vendor designation, and twice bestowed with Build-In-Canada Innovation awards, its products are distributed through MSSP, OEM, VAR and SI partners to end customers worldwide. Wedge is headquartered in Calgary, Canada with international teams in the North America, Asia Pacific, Europe, and the Middle East and North Africa regions. Real-time Threat Prevention is one of the most critical cyber defense requirements for the digital economy with enterprise security capacity being over-run by rapidly expanding security workloads as organizations shift to software-as-a-service (SaaS) and other cloud native applications. With the cloud connected world seeing billions of new connected endpoint devices added, especially in areas such as smart cities, smart manufacturing, and other smart infrastructure, the network perimeter has now been extended to encompass anywhere these devices are located; further widening the security gap. The ability for the Secure Access Service Edge (SASE) to rapidly roll out real-time threat prevention services, and to adapt and deliver end-to-end protection as and when needed, is a key challenge in this cloud connected world, especially for MSPs, MDRs and other service providers. Wedge’s leadership in this area allows us to form important and strategic partnerships with players who are movers and shakers in this digital transformation and enables increased growth for these partners. Today, Wedge’s products prevent advanced security threats for tens of millions of endpoints spanning more than 22 countries. Our technology platform, WedgeARP™, has the deepest visibility of network data in the industry, possessing an unmatched ability to defend against malicious attacks that are undetectable with shallow inspection techniques. It delivers the highest real-time performance of orchestrated security services through a software implementation that is portable to all x86 servers. Trained with nearly 1 billion threat samples, its automated and continually-learning embedded artificial neural network can detect never-before-seen malware in milliseconds. WedgeARP™ represents the present and future of how much-needed security services can be delivered, from the cloud core to the ever-expanding network edge, to help reduce the security gap. Supported by a world class software product team in Canada, it allows enterprises, governments, telecommunications providers and critical infrastructure operators to achieve real-time prevention of advanced threats; and enables Wedge’s distribution partners to increase their Average Revenue Per User (ARPU) and reduce customer CHURN.

Wedge Networks Inc.

Debt Financing in 2019
Wedge Networks is a cyber security software vendor specializing in Real-time Threat Prevention. With numerous patents, industry awards, including a Gartner Cool Vendor designation, and twice bestowed with Build-In-Canada Innovation awards, its products are distributed through MSSP, OEM, VAR and SI partners to end customers worldwide. Wedge is headquartered in Calgary, Canada with international teams in the North America, Asia Pacific, Europe, and the Middle East and North Africa regions. Real-time Threat Prevention is one of the most critical cyber defense requirements for the digital economy with enterprise security capacity being over-run by rapidly expanding security workloads as organizations shift to software-as-a-service (SaaS) and other cloud native applications. With the cloud connected world seeing billions of new connected endpoint devices added, especially in areas such as smart cities, smart manufacturing, and other smart infrastructure, the network perimeter has now been extended to encompass anywhere these devices are located; further widening the security gap. The ability for the Secure Access Service Edge (SASE) to rapidly roll out real-time threat prevention services, and to adapt and deliver end-to-end protection as and when needed, is a key challenge in this cloud connected world, especially for MSPs, MDRs and other service providers. Wedge’s leadership in this area allows us to form important and strategic partnerships with players who are movers and shakers in this digital transformation and enables increased growth for these partners. Today, Wedge’s products prevent advanced security threats for tens of millions of endpoints spanning more than 22 countries. Our technology platform, WedgeARP™, has the deepest visibility of network data in the industry, possessing an unmatched ability to defend against malicious attacks that are undetectable with shallow inspection techniques. It delivers the highest real-time performance of orchestrated security services through a software implementation that is portable to all x86 servers. Trained with nearly 1 billion threat samples, its automated and continually-learning embedded artificial neural network can detect never-before-seen malware in milliseconds. WedgeARP™ represents the present and future of how much-needed security services can be delivered, from the cloud core to the ever-expanding network edge, to help reduce the security gap. Supported by a world class software product team in Canada, it allows enterprises, governments, telecommunications providers and critical infrastructure operators to achieve real-time prevention of advanced threats; and enables Wedge’s distribution partners to increase their Average Revenue Per User (ARPU) and reduce customer CHURN.

DirecTech Labs

Debt Financing in 2019
Founded in 2016, DirecTech Labs is a machine Learning platform for direct and social selling. The company is headquartered in Santa Monica, California, United States.

Tantiv4

Debt Financing in 2019
Tantiv4 (founders and employees) are a group of passionate entrepreneurs, devoted technologists and free-thinking UX and product designers. Tantiv4's founders have executed several startups together. The core base of the employees have worked with founders for a long time. Focussed on solving several challenges in the IoT space using devices which make their daily lives easier, together they are working towards solving real world issues of the "mainstream consumers" based on the core intellectual property generated by them. They are proud to have both the depth and width of experience to produce solutions, are committed to work with open standards, and to promote them in an industry bedevilled by proprietary, insecure and expensive solutions.

Spiridon Technologies

Debt Financing in 2019
Spiridon Technologies It serves the growing market for the Internet of Things. The objective has always been to acquire the best-of-breed IoT technologies as well as the human capital necessary to consult, design, and integrate each to deliver an all-encompassing, simple-to-manage solution. This is true even though there have been significant discussions about how the IoT can help nearly all customers.

mCloud

Post in 2019
MCloud creates a future with the use of AI and analytics, curbing energy waste, maximizing energy production, and getting the most out of critical energy infrastructure. Through mCloud’s AI-powered AssetCare platform, the company offers complete asset management solutions to three distinct segments: smart facilities, power generation, and process industries including oil and gas. IoT sensors bring data from connected assets into the cloud, where AI and analytics are applied to maximize their performance.

Wirkn

Debt Financing in 2019
Wirkn is the largest end-to-end mobile, chat, and video-based employment marketplace - connecting millennials with shift-based work. uses artificial intelligence to better match candidates to jobs, and employers to better candidates. With the Wirkn platform, candidates can discover and apply to jobs via dynamic videos that allow candidates to showcase their personal brand to prospective employers. Store managers will have access to a pool of qualified candidates on demand, within the palm of their hand to fill new roles and address seasonal demand. Not only do we help get more activities working, but we offer payday advances to help facilitate greater financial liquidity.

Echobox

Debt Financing in 2019
Echobox is a content automation platform that helps businesses automate and optimize their content. Businesses and institutions use Echobox to automate and supplement social media and newsletters, saving time, increasing visibility, and increasing engagement. Echobox uses advanced product management methodologies and a strong focus on simplicity.

Stability Healthcare

Venture Round in 2018
Stability Healthcare is a full-service travel nurse placement agency that offers benefits, housing and placement packages. It provides qualified nurses great opportunities throughout the US. We are recognized in the industry, not by our size, but the quality of our professionals, committed service, staff and consultative approach.

Stability Healthcare

Debt Financing in 2018
Stability Healthcare is a full-service travel nurse placement agency that offers benefits, housing and placement packages. It provides qualified nurses great opportunities throughout the US. We are recognized in the industry, not by our size, but the quality of our professionals, committed service, staff and consultative approach.

DionyMed Brands

Debt Financing in 2018
DionyMed Holdings Inc produces and distributes cannabis. Building the world's most efficient cannabis platform supporting cultivators, manufacturers, and award-winning brands. Headquartered in Toronto, and currently operating in California and Oregon our vision is to bring safe, trusted cannabis brands to medical and recreational consumers worldwide.

Solar Brokers Canada

Debt Financing in 2018
Solar Brokers Canada anticipates a world where all rooftops have solar energy systems and where unused and abandoned land is utilized to support global sustainable development for the betterment of everyday lives. As Canada’s premier brokerage firm, we provide solutions that make our clients money while they reach energy independence. Being the first residential solar brokerage firm in Canada, Solar Brokers Canada has become a dominant player in the residential solar market. We work with key players within the industry to assist them in reaching a wider audience and expanding their territory.

Boardwalktech

Debt Financing in 2017
Boardwalktech provides a patented low code application platform for the extended enterprise which our customers use to run mission-critical applications managing the collaborative, secure, and auditable exchange of structured and unstructured data internally and with customers, channels, and suppliers. Boardwalktech was founded in 2004 and is based in Cupertino, California and is public with the ticker BWLK.

Hybrid Financial

Debt Financing in 2017
Hybrid Financial is a sales and distribution company that connects issuers to the investment community. Hybrid's proprietary sales platform matches a company's narrative with the appropriate investment audience using real-time data to direct its sales representatives. For its small, medium, and large clients, Hybrid Financial uses a distinctive strategy to build brands and introduce products in an effective and timely manner.

Frequentz

Debt Financing in 2017
Frequentz is a technology company that provides data warehousing, traceability, and information management solutions to help improve productivity, product quality, and profitability. Its solutions help target markets collect, store, and analyze serialized life histories of events and objects which bring insight to end-to-end supply chains and business processes. Frequentz product portfolio includes solutions for information repository and intelligence server, mobile, track and trace, serialization, verification, applications, and insights. The company is focused on vertical markets such as agriculture, pharmaceutical, retail, aerospace, chemical, electronics, maritime, and automotive. Frequentz was founded in 2008 and is based in Palo Alto, California.

Kare Intellex

Funding Round in 2017
Kare Intellex is an iOS and Android mobile platform that enables caregivers to run an entire homecare visit through a smartphone. It simplifies and automates patient on-boarding, care documentation, billing and claims submission, and keeps patient health information secure. It emphasizes on compliances and security that the data is secured in a HITRUST certified databases and it also utilizes a proprietary verification system to tackle fraud at the pre-billing stages. The mobile platform empowers providers with technology while securely keeping all stakeholders updated and it links verified visit documentation and claim submission facilitating auto claim adjudication. Kare Intellex is a U.S.-based company that was founded in 2014 by Lar Lubbers, Hanad Duale, and Ray Shealy.

ConnectAndSell

Debt Financing in 2017
ConnectAndSell delivers live conversations on demand, using a combination of proprietary switching technology and our virtual sales agents. ConnectAndSell was founded in 2007, that’s about 3 lifetimes ago in Silicon Valley. It is the pioneers in conversation enablement technology that revolutionized B2B marketing.

Fixt

Funding Round in 2017
Fixt (formerly known as Peach Labs) offers IT departments with on-demand mobile device repair and replacement solutions. The company utilizes motion sensors to determine damage and acts by automating device replacements, repairs, upgrades, and other routine troubleshooting for both BYOD and company provided devices, so their teams can prioritize real work over busywork. Backed by proprietary threat analytical systems, clients also benefit from increased situational awareness and individual risk assessments during and after a repair. Founded in April 2013 and is based in Baltimore, Maryland.

MedWorxs

Funding Round in 2017
MedWorxs is software, people and expertise dedicated to helping your organization meet regulatory commitments, reduce costs, errors and improve the quality of care.Their cloud based technology, is modern in design delivering the right features for your organization.

Fixt Wireless Repair

Debt Financing in 2017
Fixt is a platform for smartphone and tablet repair.

Factor_

Funding Round in 2016
Factor is a subscription-based prepared meal delivery service that delivers dietitian-designed, chef-crafted meals. The company a fully-prepared meal delivery service that specializes in providing fresh, ready-to-eat meals with a focus on health and wellness. Its rotating menu of breakfast, lunch,and dinner options feature keto, Paleo, low-carb, vegetarian, plant-based, and high protein meals that can be heated in the microwave or oven and are ready in minutes. Factor only uses fresh ingredients from its trusted partners and assures that the meals are free of hormones, antibiotics, gluten, refined sugars, and GMOs. Factor is supported by leading consumer investors Listen Ventures, Bluestein Ventures, and Marcy Venture Partners Mike Apostal and Nick Wernimont founded Factor 75 in Batavia, Illinois in 2013.

AGNITY

Venture Round in 2015
AGNITY offers applications that leverage cloud, mobility, and real-time communication, enabling enterprise customers to transform their business processes for workplace collaboration and capitalize on new market opportunities.

Medallion Holding Company

Venture Round in 2015
Medallion is a premier Insurance Marketing Organization that gives advisors access to top annuity and life products, service and lead generation tools. The company is a founding member of Annexus Group, a nationally recognized product development firm that excels in driving innovation, development and distribution of guaranteed retirement income and accumulation products. Medallion Wealth Partners is a full-service firm providing tax, accounting, legal and financial planning services to small businesses and families.

TruGolf

Debt Financing in 2015
TruGolf, originally a subsidiary of Access Software, formally spun-off from the company in 1999 when Access Software was purchased by Microsoft for their expertise in golf software development. They’ve continued to refine the technology, designing the #1 selling golf simulation software used in most simulators around the globe. They’ve maintained the core programming and graphics team of Links™, the best selling PC golf franchise ever. The Links series has been the best reviewed and most honored and award winning of all sports titles. For over twenty years they’ve remained passionately committed to recreating the artistry of the game. They believe golf is the finest sport ever conceived. It is challenging, exhilarating, friendly and competitive, and can be played throughout an entire lifetime.
Bluedrop Performance Learning Inc. (BPL) is the publicly listed holding company for its two wholly owned operating divisions, Bluedrop Training and Simulation Inc. (BTS) and Bluedrop Learning Networks Inc. (BLN) to which it provides management oversight and shared corporate and financial services. Founded by majority shareholder and CEO Emad Rizkalla, BPL’s mandate is to lead and dominate niche markets where technology and learning can deliver new levels of operational success and improve and save lives. Bluedrop Training & Simulation Inc. (BTS) operates within the defense and aerospace industry where it designs and develops highly specialized, high performance, tactical training for front line operators of equipment working in complex environments and high-risk situations. This includes, training systems needs analysis, custom courseware development, virtual simulation training devices, and ongoing training support for in service support. Typical customers include Tier one OEMs such as Boeing, Lockheed Martin and Sikorsky. Bluedrop Learning Networks Inc. (BLN) provides unique SaaS-based workforce development solutions to help government and corporate customers improve employment outcomes and keep workers safe. By understanding the complex operating environments of its target markets, BLN’s solutions are able to address multiple stakeholders. These solutions help workers to manage mandatory certifications, apprentices to track new skills at work, the unemployed to get jobs, the underemployed to advance, dreamers to start businesses, and local businesses to grow. Typical customers include workforce investment boards, apprenticeship authorities, government agencies, NGOs and workers’ compensation boards.

Switch Video

Venture Round in 2014
Switch Video produces simple explanatory videos that help businesses engage with their prospects, to clearly explain their unique selling proposition (USP) and to increase conversion to sale. It has produced animated web videos for a wide range of clients including Microsoft, Duracell, Discover Card, The United Nations, Pearson Education, TheLadders, Unisys and more. Switch Video each project is unique with visual solutions that vary widely depending on the goals of each client and the audience being reached. The company engages viewers and more importantly does what our clients need it to do. Switch Video is a founding member of the Common Craft Explainer Network and operates out of Collingwood, Ontario Canada. They have an in-house team of 20+ animators, scriptwriters, project managers and marketers that work together to simplify your message into a short, fun and easy to understand video. Switch Video was founded in 2006 and is based in Collingwood, Ontario, Canada.

DS Handling

Debt Financing in 2014
DS Handling Systems provides Case and Pallet Handling Conveyor Systems.

Hitachi Systems Security

Venture Round in 2014
Hitachi Systems Security is an information technology company that protects data and strengthen privacy and cybersecurity defenses. The company builds and delivers customized services for monitoring and protecting the critical and sensitive IT assets in infrastructures 24/7. They complement our managed security service offering with a variety of professional security services to assess the overall cybersecurity posture, align with a security strategy. Hitachi Systems Security offers a wide range of business system design and integration services, as well as outsourcing services that take advantage of its robust data center infrastructure. It also pushes beyond the boundaries of IT to create new value for customers, with the aim of becoming a global service company to which customers can entrust any operation. The company also offers add-on services, including vulnerability management, cybersecurity analytics dashboard, office 365 cloud security monitoring, ATM and POS monitoring, file integrity monitoring, security device management, phishing protection, and intrusion detection monitoring. Hitachi Systems Security was founded in 1999 and is headquartered in Blainville, Quebec, Canada.

OneUp Sports

Venture Round in 2014
OneUp is the leading digital network of premium sports content, focusing on hyperlocal reporting with the deepest insider coverage. They own highlight rights to almost every major league, and have created a network of reporters with insider access to players, teams, and locker rooms across the world. With over 1,000 locally-embedded sports reporters in 50 domestic markets, OneUp delivers unparalleled sports content to the die-hard sports fan. The OneUp network distributes at massive scale to more than 2,100 local digital publishers through mobile apps and websites.

INOVX

Venture Round in 2014
INOVX provides advanced solutions for plant inspection and maintenance, creation, and delivery of innovative solutions to companies worldwide.

Mera Group of Companies

Debt Financing in 2014
Mera Group of Companies provides services to the oil and gas, refining, and mining sectors. They offer services for food technology, strategic planning, project management, procurement and commissioning, management of change and training, and business intelligence.

Clear Blue Technologies

Venture Round in 2014
Clear Blue Technologies, the Smart Off-Grid company, combines green energy with the proven advantages of communications and cloud technology to power and control off-grid lighting, security and mobile solutions. We are ushering in a new age of off-grid systems, that deliver the reliability of grid connected systems but are environmentally friendly, less costly, and can be monitored and controlled over the Internet.

Aquam

Debt Financing in 2014
Aquam Corp is a world-leading cleantech firm that provides infrastructure support, rehabilitation and diagnostics solutions. We are the first and only company to provide full service inside and outside infrastructure solutions for all markets around the world. For several decades, we have worked with the world’s most prestigious companies to solve problems for their infrastructure systems and fluid distribution systems.

4tell Solutions

Venture Round in 2014
4tell is a provider of platform technology solutions that optimize the financial, energy & environmental performance of the Built Environment. 4tell's technology platform - iPlan - enables you to take control of portfolio & asset information to realize improved bottom line results.
Bluedrop Performance Learning Inc. (BPL) is the publicly listed holding company for its two wholly owned operating divisions, Bluedrop Training and Simulation Inc. (BTS) and Bluedrop Learning Networks Inc. (BLN) to which it provides management oversight and shared corporate and financial services. Founded by majority shareholder and CEO Emad Rizkalla, BPL’s mandate is to lead and dominate niche markets where technology and learning can deliver new levels of operational success and improve and save lives. Bluedrop Training & Simulation Inc. (BTS) operates within the defense and aerospace industry where it designs and develops highly specialized, high performance, tactical training for front line operators of equipment working in complex environments and high-risk situations. This includes, training systems needs analysis, custom courseware development, virtual simulation training devices, and ongoing training support for in service support. Typical customers include Tier one OEMs such as Boeing, Lockheed Martin and Sikorsky. Bluedrop Learning Networks Inc. (BLN) provides unique SaaS-based workforce development solutions to help government and corporate customers improve employment outcomes and keep workers safe. By understanding the complex operating environments of its target markets, BLN’s solutions are able to address multiple stakeholders. These solutions help workers to manage mandatory certifications, apprentices to track new skills at work, the unemployed to get jobs, the underemployed to advance, dreamers to start businesses, and local businesses to grow. Typical customers include workforce investment boards, apprenticeship authorities, government agencies, NGOs and workers’ compensation boards.

Pliteq

Debt Financing in 2013
Pliteq is an engineering company and global innovator in recycled rubber building products for commercial sound control. Pliteq's commitment to R&D is unprecedented. We currently have 3 new inventions under development and have registered 6 patents in the United States and 23 countries worldwide. Pliteq has 7 UL listed products as well as numerous additional structural and building certifications. Testing is what sets us apart. Our engineers have completed 500 acoustical laboratory tests in the last ten years with a commitment to a monthly testing schedule as we consider only recent testing to be relevant for engineering purposes.

Wmode

Venture Round in 2013
Founded in 2000, Wmode is a privately held company headquartered in Calgary, Canada with offices in Toronto and San Francisco. We are a leading technology and service company in the rapidly growing connected device, mobile and app economy. We deliver fully managed, hosted services and excel at providing our customers with flexible, adaptable and highly reliable services that are an extension of our everyday business. In July 2011, we pushed our innovations into the exciting realm of TV, car, and enterprise with the launch of the AppCarousel Platform and the integration of Kryos Enterprise. While providing great examples of thought leadership in mobility, we now provide highly tailored solutions across an expanded connected device range well beyond mobile devices.
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