GrowthWorks

GrowthWorks is a Canadian venture capital management company founded in 1992 and headquartered in Vancouver. Over its 20 years of operation, the firm has developed a reputation for managing regionally based retail venture capital funds across Canada, focusing on strategic investments in growth-oriented companies. GrowthWorks specializes in identifying and structuring investments primarily in the technology sector, while also providing essential support and guidance to help these companies thrive. The company emphasizes a principled approach that includes conservative valuation of portfolio assets, fostering industry connections, and minimizing risk through diversification. With a dedicated team of specialists in various core sectors, GrowthWorks aims to enhance the performance of its portfolio companies and deliver strong results for its investors.

Rolf Dekleer

VP, Investments

Lee, Timothy

Chief Investment Officer, Venture Capital

Past deals in New Brunswick

Introhive

Series B in 2015
Introhive offers a SaaS platform that helps organizations increase revenues and improve customer experience management. Its platform brings relationship intelligence into CRM with data automation and sales acceleration. The company also provides an enterprise relationship management (ERM) solution that helps get relationship insights and boost productivity. It was founded in 2012 by Jody Glidden and Stewart Walchli and is based in Fredericton, New Brunswick.

Smart Skin Technologies

Series A in 2014
Smart Skin Technologies Inc. is a technology development company based in Fredericton, Canada, with an additional office in Munich, Germany. Founded in 2009, the company specializes in the development and commercialization of a pressure-sensitive skin technology that has diverse applications. Its flagship product, Quantifeel, is a packaging pressure monitoring system designed to measure line pressure and 3D orientation in various types of packaging, including glass, cans, and PET. In addition to its existing products, Smart Skin Technologies is actively developing patent-pending pressure sensing technology for industrial applications and sports, aiming to expand its footprint across multiple verticals.

Introhive

Series B in 2013
Introhive offers a SaaS platform that helps organizations increase revenues and improve customer experience management. Its platform brings relationship intelligence into CRM with data automation and sales acceleration. The company also provides an enterprise relationship management (ERM) solution that helps get relationship insights and boost productivity. It was founded in 2012 by Jody Glidden and Stewart Walchli and is based in Fredericton, New Brunswick.

Introhive

Series A in 2012
Introhive offers a SaaS platform that helps organizations increase revenues and improve customer experience management. Its platform brings relationship intelligence into CRM with data automation and sales acceleration. The company also provides an enterprise relationship management (ERM) solution that helps get relationship insights and boost productivity. It was founded in 2012 by Jody Glidden and Stewart Walchli and is based in Fredericton, New Brunswick.

Spinzo

Seed Round in 2012
Spinzo Corporation, founded in 2011 and based in Rothesay, Canada, specializes in developing a web-based smart buying platform that utilizes dynamic pricing to connect merchants and consumers. The platform is particularly effective for ticket sales, as it integrates with Ticketmaster to automatically reserve seats from available or previously held inventory. This integration not only streamlines the ticket purchasing process but also enhances group experience tracking, which helps sales representatives, managers, and group leaders motivate their teams to achieve specific sales milestones. By leveraging innovative technology, Spinzo aims to facilitate efficient ticket sales and improve the overall purchasing experience for both retailers and customers.

Whitehill Technologies

Series B in 2004
Whitehill develops software designed to take data and information created in the pre-Internet era and use XML (Extensible Markup Language) to allow the material to be posted on the Internet.
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