McRock Capital

McRock Capital is a private equity firm based in Toronto, Canada, established in 2012. The firm specializes in growth capital and later-stage investments, primarily focusing on intelligent infrastructure companies within sectors such as power, water, oil and gas, transportation, and building efficiency. McRock Capital targets investments in companies that provide Industrial Internet of Things (IIoT) software and sensor solutions, aiming to enhance grid automation, digital oilfields, advanced manufacturing, and smart city initiatives. The firm is particularly interested in the intersection of sensors and software in large industrial markets, seeking innovative software, hardware, and integrated device solutions. Additionally, it extends its investment reach across Canada, the United States, Europe, and Israel. McRock Capital was founded by Scott McDonald and Whitney Rockley, with an additional office located in Calgary.

Udit Bhatnagar

Vice President

Mike Dawson

Vice President

Fasih Kareem

Associate

Scott MacDonald

Co-Founder and Managing Partner

Whitney Rockley

Co-Founder and Managing Partner

30 past transactions

Miovision

Venture Round in 2023
Miovision is a developer of a traffic management platform that specializes in collecting and analyzing both in-house and outsourced traffic data to enhance traffic signal operations. The company offers intelligent technology solutions aimed at addressing the challenges of modern transportation networks while reducing the environmental impacts of inefficient traffic flow. By utilizing computer vision and artificial intelligence, Miovision's platform enables municipalities to gather multimodal traffic data and derive actionable insights, ultimately improving the transportation experience for drivers, cyclists, and pedestrians alike. Its comprehensive approach facilitates the easy request, delivery, and analysis of traffic data, catering to the needs of data collectors, traffic consultants, and municipal governments.

e2ip technologies

Series B in 2023
E2ip technologies specialize in human-machine Interface (HMI) solutions and printed electronics technologies. E2ip focuses on innovation and scientific research, attempting to expand its intellectual property portfolio in order to produce cutting-edge technologies, materials, and processes on a constant basis. E2ip's solutions revolutionize the surfaces people touch every day and simplify how they interact with the physical environment.

Worldsensing

Series D in 2023
Worldsensing is a leader in Internet of Things (IoT) solutions, specializing in low-power wireless sensing networks that enhance critical infrastructure. The company has developed comprehensive vertical solutions targeting two primary markets: Mobility and Industrial Solutions. In the Mobility sector, Worldsensing offers innovative products like Bitcarrier, a real-time traffic flow management system, and Fastprk, a leading smart parking solution. In the Industrial Solutions market, the LS-G6 platform is used to monitor vital assets in remote locations, including bridges, tunnels, and power lines. Founded in 2010, the company has established its presence in Barcelona and London, employing over 40 professionals. Worldsensing's achievements include multiple awards for its products, such as the Stockholm Smart City Living Labs Global Award for Fastprk and recognition from Gartner for Bitcarrier as a "Cool Vendor." The company is committed to providing clients with real-time insights to improve decision-making in both smart city and industrial contexts.

Plus One Robotics

Series C in 2023
Plus One Robotics Inc. specializes in developing advanced 3D vision and control systems for robotic automation in the logistics and e-commerce sectors. Established in 2016 and located in San Antonio, Texas, the company offers a parcel-handling robotics platform that integrates computer vision, artificial intelligence, and supervised autonomy. Their flagship product, the PickOne Perception System, accurately identifies the six-degree-of-freedom pick pose of parcels and directs robots to pick and place these parcels onto induction conveyors. Additionally, the system verifies placement and corrects errors by issuing commands to reposition misaligned parcels. Plus One Robotics aims to enhance operational efficiency for leading logistics and e-commerce companies by improving sortation accuracy and reducing the need for downstream verification and return handling.

LandingAI

Series A in 2021
Landing AI is a company that specializes in artificial intelligence transformation programs tailored for the manufacturing industry. Founded in 2017 and based in Palo Alto, California, the company develops solutions focused on visual inspection, automation, calibration, and automated issue identification. Its offerings cater to a diverse range of sectors, including manufacturing, retail, automotive, agriculture, telecommunications, and pharmaceuticals. The company aims to empower organizations to become AI-driven by providing a platform that enhances the accuracy of machine learning models through effective data generation and labeling. This platform helps identify environmental issues and alerts users to model changes, thereby facilitating efficient data management and accelerating troubleshooting processes. Founded by Dr. Andrew Ng, a prominent figure in AI, Landing AI is positioned to deliver practical AI solutions that drive value for businesses globally.

Samdesk

Series A in 2021
Samdesk is a company that specializes in transforming unstructured social media data into real-time insights and alerts for crisis situations. Founded in 2013 and based in Edmonton, Canada, Samdesk offers a platform designed specifically for newsrooms and decision-makers in corporate security, public safety, and emergency response. By utilizing advanced artificial intelligence and natural language processing, the platform detects and verifies the location of emergency events, such as fires or natural disasters, based on social media chatter. This innovative tool scans millions of posts to provide timely alerts and situational awareness, allowing users to respond quickly and effectively to unfolding events. By offering a faster and more accurate alternative to traditional media monitoring, Samdesk helps organizations minimize operational disruptions and safeguard personnel during emergencies.

Triax Technologies

Series A in 2021
Triax Technologies offers a connected Internet of Things (IoT) worksite platform tailored for construction, energy, and heavy industrial sectors. The company focuses on enhancing safety, efficiency, and visibility in challenging work environments through innovative technology and real-time data analytics. Its flagship product, the Spot-r system, connects workers, equipment, and operations using a minimal infrastructure network, wearable devices, and a cloud-based dashboard. This system provides real-time insights into site access, worker and equipment locations, safety incidents, and emergency procedures, enabling firms to make informed decisions and streamline operations. In response to the COVID-19 pandemic, Triax launched Proximity Trace, an IoT solution designed to assist in workplace safety by offering proximity distancing alerts and contact tracing. This initiative aims to protect essential workers while facilitating their safe return to work in compliance with social distancing guidelines. Overall, Triax Technologies is committed to transforming worksite management through intelligent technology and actionable insights.

Poka

Series B in 2021
Poka Inc. is a Quebec-based company that specializes in performance support software for digital manufacturing operations. Founded in 2013, Poka has developed a web and mobile application that empowers factory workers to capture, consume, and share vital information in real-time on the plant floor, thereby enhancing productivity. The platform creates a standardized multimedia knowledge base that includes procedures, training content, and solutions tailored to specific workstations and machines. This approach not only helps reduce production downtime but also improves quality and safety while facilitating communication across various departments and shifts. Poka has emerged as a key player in the digital transformation of the manufacturing sector, serving numerous leading industrial firms recognized among the largest global manufacturers.

Plus One Robotics

Series B in 2021
Plus One Robotics Inc. specializes in developing advanced 3D vision and control systems for robotic automation in the logistics and e-commerce sectors. Established in 2016 and located in San Antonio, Texas, the company offers a parcel-handling robotics platform that integrates computer vision, artificial intelligence, and supervised autonomy. Their flagship product, the PickOne Perception System, accurately identifies the six-degree-of-freedom pick pose of parcels and directs robots to pick and place these parcels onto induction conveyors. Additionally, the system verifies placement and corrects errors by issuing commands to reposition misaligned parcels. Plus One Robotics aims to enhance operational efficiency for leading logistics and e-commerce companies by improving sortation accuracy and reducing the need for downstream verification and return handling.

Dott

Series B in 2021
Dott is a micromobility company based in Amsterdam, Netherlands, that provides shared electric scooters and e-bikes for short-distance travel. Founded in 2018, Dott aims to offer safe, convenient, and sustainable transportation alternatives to urban commuters. The company focuses on reliability and safety in its design, featuring bikes with wide decks for optimized stability, double brake systems, and enhanced charging autonomy. This design philosophy ensures that users have access to dependable and affordable electric scooters and bikes, promoting eco-friendly travel in urban environments.

Clearpath Robotics

Series C in 2020
Clearpath Robotics Inc. specializes in designing and manufacturing self-driving vehicles for various industrial applications. Founded in 2009 and based in Kitchener, Canada, the company provides a range of autonomous solutions, including robotic utility vehicles, unmanned ground vehicles, and heavy load transporters, as well as specialized unmanned aerial and surface vessels. Clearpath's offerings extend to components such as sensors, manipulators, and controllers, as well as services in systems design, navigation, and industrial support. The company's technology aims to enhance the efficiency and safety of material transport in factories and warehouses, allowing for seamless integration into existing workflows without the need for significant infrastructure changes. Clearpath serves over 500 innovative brands worldwide through its industrial and research divisions, Clearpath Robotics and OTTO Motors.

Invixium

Series C in 2020
Invixium Inc. is a Canadian company specializing in biometric solutions aimed at enhancing access control, workforce management, and visitor screening for various industries. Established in 2012 and headquartered in Markham, Canada, Invixium designs a range of innovative products, including the Ixm Mycro, Ixm Touch, IXM Titan, IXM Merge, and Ixm Sense, which cater to both residential and industrial environments. These products incorporate advanced technologies such as face recognition, fingerprint tracking, and temperature detection to ensure security and health in workplaces. Invixium's fully integrated hardware and software solutions provide valuable analytics that improve safety and productivity. With a management team boasting over 200 years of collective experience in the biometric access control sector, Invixium's products have been deployed in diverse sectors, including government, healthcare, and education, across more than 60 countries. The company's commitment to quality is reflected in its manufacturing process, with all products proudly made in Canada.

ThoughtTrace

Venture Round in 2020
ThoughtTrace™ exists to empower people and companies to greater insight and creativity through better access to their most challenging information. We help enterprises review and validate critical information in existing contracts and legal documents. Using artificial intelligence (AI), natural language processing, and machine learning, our SaaS platform, ALI™ reads words, sentences, and paragraphs just like a human does, driving better strategy, decisions, and execution. With results in minutes or hours, not weeks or months, advanced analysis and understanding is your edge.

Miovision

Series D in 2020
Miovision is a developer of a traffic management platform that specializes in collecting and analyzing both in-house and outsourced traffic data to enhance traffic signal operations. The company offers intelligent technology solutions aimed at addressing the challenges of modern transportation networks while reducing the environmental impacts of inefficient traffic flow. By utilizing computer vision and artificial intelligence, Miovision's platform enables municipalities to gather multimodal traffic data and derive actionable insights, ultimately improving the transportation experience for drivers, cyclists, and pedestrians alike. Its comprehensive approach facilitates the easy request, delivery, and analysis of traffic data, catering to the needs of data collectors, traffic consultants, and municipal governments.

SkySpecs

Series C in 2019
SkySpecs, Inc. is a technology company based in Ann Arbor, Michigan, with an additional office in Amsterdam, Netherlands, that specializes in automating operations and maintenance for the wind energy industry through unmanned aerial vehicles. Founded in 2012, the company provides a range of services including analytics, wind turbine blade services, and engineering projects. Its offerings also encompass collaborative software solutions for managing and analyzing data from various sources, as well as digitization and planning for repair campaigns. Notably, SkySpecs has developed Horizon, a reporting software that serves as a central repository for operations and maintenance data related to wind turbine blades, facilitating task management, communication with third parties, and execution of large-scale repair projects. By leveraging its industry expertise and innovative technologies, SkySpecs aims to enhance productivity and efficiency for its clients within the renewable energy sector.

Praemo

Series A in 2019
Praemo Inc. is a technology company based in Kitchener, Canada, founded in 2017. It specializes in developing advanced detection technology designed to analyze industrial data across various sectors, including manufacturing, automotive, consumer packaged goods, aerospace, oil and gas, mining, and agriculture. The company's flagship product, Razor™, is an analytics engine that combines industry expertise with artificial intelligence and the Industrial Internet of Things (IIoT). This technology enables organizations to predict and prevent disruptions in their operations by converting data into actionable insights and automatically generating recommendations for improvement.

Decisive Farming

Series B in 2019
Decisive Farming Corp. is a provider of information technology solutions tailored for the farming industry in Western Canada. Founded in 2011 and headquartered in Irricana, the company offers a range of services including Optimize-RX, which utilizes variable rate technology for applications in fertility, seeding, fungicide, and top dressing. Additionally, it provides Sure-Check for soil testing, Know-Risk for farm management and crop marketing, and My Farm Manager, which focuses on precision agronomy, crop management, and risk management. Decisive Farming assists clients in making informed decisions regarding precision agronomics, soil fertility, crop marketing, data management, and carbon credits, ultimately aiming to enhance farm profitability and promote environmental sustainability. As of December 2019, the company operates as a subsidiary of TELUS Corporation.

Invixium

Series B in 2019
Invixium Inc. is a Canadian company specializing in biometric solutions aimed at enhancing access control, workforce management, and visitor screening for various industries. Established in 2012 and headquartered in Markham, Canada, Invixium designs a range of innovative products, including the Ixm Mycro, Ixm Touch, IXM Titan, IXM Merge, and Ixm Sense, which cater to both residential and industrial environments. These products incorporate advanced technologies such as face recognition, fingerprint tracking, and temperature detection to ensure security and health in workplaces. Invixium's fully integrated hardware and software solutions provide valuable analytics that improve safety and productivity. With a management team boasting over 200 years of collective experience in the biometric access control sector, Invixium's products have been deployed in diverse sectors, including government, healthcare, and education, across more than 60 countries. The company's commitment to quality is reflected in its manufacturing process, with all products proudly made in Canada.

Miovision

Convertible Note in 2018
Miovision is a developer of a traffic management platform that specializes in collecting and analyzing both in-house and outsourced traffic data to enhance traffic signal operations. The company offers intelligent technology solutions aimed at addressing the challenges of modern transportation networks while reducing the environmental impacts of inefficient traffic flow. By utilizing computer vision and artificial intelligence, Miovision's platform enables municipalities to gather multimodal traffic data and derive actionable insights, ultimately improving the transportation experience for drivers, cyclists, and pedestrians alike. Its comprehensive approach facilitates the easy request, delivery, and analysis of traffic data, catering to the needs of data collectors, traffic consultants, and municipal governments.

Mnubo

Series B in 2018
Mnubo Inc. specializes in smart data management and analytics for the Internet of Things (IoT), catering to enterprises, service providers, and device manufacturers. Founded in 2012 and headquartered in Montreal, Canada, with an office in Tokyo, Japan, Mnubo offers a cloud platform that allows original equipment manufacturers (OEMs) to connect, collect, analyze, and act on data from their devices. The company provides services for real-time IoT data streams, including object modeling and lifecycle management, across various sectors such as wearables, industrial, automotive, building, and healthcare. By utilizing its analytics solutions, manufacturers gain insights that enhance product usage, boost customer engagement, and reduce operational costs. Mnubo operates as a subsidiary of Aspen Technology, Inc. since July 2019.

Worldsensing

Series B in 2017
Worldsensing is a leader in Internet of Things (IoT) solutions, specializing in low-power wireless sensing networks that enhance critical infrastructure. The company has developed comprehensive vertical solutions targeting two primary markets: Mobility and Industrial Solutions. In the Mobility sector, Worldsensing offers innovative products like Bitcarrier, a real-time traffic flow management system, and Fastprk, a leading smart parking solution. In the Industrial Solutions market, the LS-G6 platform is used to monitor vital assets in remote locations, including bridges, tunnels, and power lines. Founded in 2010, the company has established its presence in Barcelona and London, employing over 40 professionals. Worldsensing's achievements include multiple awards for its products, such as the Stockholm Smart City Living Labs Global Award for Fastprk and recognition from Gartner for Bitcarrier as a "Cool Vendor." The company is committed to providing clients with real-time insights to improve decision-making in both smart city and industrial contexts.

Invixium

Series A in 2017
Invixium Inc. is a Canadian company specializing in biometric solutions aimed at enhancing access control, workforce management, and visitor screening for various industries. Established in 2012 and headquartered in Markham, Canada, Invixium designs a range of innovative products, including the Ixm Mycro, Ixm Touch, IXM Titan, IXM Merge, and Ixm Sense, which cater to both residential and industrial environments. These products incorporate advanced technologies such as face recognition, fingerprint tracking, and temperature detection to ensure security and health in workplaces. Invixium's fully integrated hardware and software solutions provide valuable analytics that improve safety and productivity. With a management team boasting over 200 years of collective experience in the biometric access control sector, Invixium's products have been deployed in diverse sectors, including government, healthcare, and education, across more than 60 countries. The company's commitment to quality is reflected in its manufacturing process, with all products proudly made in Canada.

RtTech Software

Series A in 2017
RtTech Software specializes in developing industrial-grade analytic applications tailored for the manufacturing and mining sectors, focusing on critical areas such as operations and energy management. Their applications aggregate machine and sensor data throughout the production process and utilize advanced analytics to deliver operational intelligence through user-friendly dashboards. By integrating solutions that target asset utilization and utilities consumption, RtTech enables operators to access real-time insights, which help maximize production capacity, enhance product quality, and minimize unplanned downtime and shutdowns. The company's solutions are implemented in over 67 sites across 17 countries, serving prominent clients in the industry, including Cargill, BHP Billiton, Barrick Gold, and Rio Tinto.

Decisive Farming

Series A in 2016
Decisive Farming Corp. is a provider of information technology solutions tailored for the farming industry in Western Canada. Founded in 2011 and headquartered in Irricana, the company offers a range of services including Optimize-RX, which utilizes variable rate technology for applications in fertility, seeding, fungicide, and top dressing. Additionally, it provides Sure-Check for soil testing, Know-Risk for farm management and crop marketing, and My Farm Manager, which focuses on precision agronomy, crop management, and risk management. Decisive Farming assists clients in making informed decisions regarding precision agronomics, soil fertility, crop marketing, data management, and carbon credits, ultimately aiming to enhance farm profitability and promote environmental sustainability. As of December 2019, the company operates as a subsidiary of TELUS Corporation.

Serious Integrated

Series A in 2016
Serious Integrated, Inc. is a Chandler, Arizona-based company that specializes in graphic and touch front panel modules, along with the software and tools necessary for developing and deploying user interfaces. Founded in 2008, the company offers a range of products, including off-the-shelf graphic front panel modules and the Serious Human Interface Platform, a comprehensive integrated development environment for designing graphical user interfaces. Additionally, Serious Integrated provides embedded GUI engines, display modules, and various programming adapters and accessories. The company also offers technical support, GUI design services, and documentation training. Its primary clientele includes original equipment manufacturers, electronics design companies, and prototypers, all of whom benefit from Serious Integrated's focus on enhancing user interactivity and streamlining the development process.

Invixium

Series A in 2016
Invixium Inc. is a Canadian company specializing in biometric solutions aimed at enhancing access control, workforce management, and visitor screening for various industries. Established in 2012 and headquartered in Markham, Canada, Invixium designs a range of innovative products, including the Ixm Mycro, Ixm Touch, IXM Titan, IXM Merge, and Ixm Sense, which cater to both residential and industrial environments. These products incorporate advanced technologies such as face recognition, fingerprint tracking, and temperature detection to ensure security and health in workplaces. Invixium's fully integrated hardware and software solutions provide valuable analytics that improve safety and productivity. With a management team boasting over 200 years of collective experience in the biometric access control sector, Invixium's products have been deployed in diverse sectors, including government, healthcare, and education, across more than 60 countries. The company's commitment to quality is reflected in its manufacturing process, with all products proudly made in Canada.

Invixium

Series A in 2015
Invixium Inc. is a Canadian company specializing in biometric solutions aimed at enhancing access control, workforce management, and visitor screening for various industries. Established in 2012 and headquartered in Markham, Canada, Invixium designs a range of innovative products, including the Ixm Mycro, Ixm Touch, IXM Titan, IXM Merge, and Ixm Sense, which cater to both residential and industrial environments. These products incorporate advanced technologies such as face recognition, fingerprint tracking, and temperature detection to ensure security and health in workplaces. Invixium's fully integrated hardware and software solutions provide valuable analytics that improve safety and productivity. With a management team boasting over 200 years of collective experience in the biometric access control sector, Invixium's products have been deployed in diverse sectors, including government, healthcare, and education, across more than 60 countries. The company's commitment to quality is reflected in its manufacturing process, with all products proudly made in Canada.

RtTech Software

Series A in 2015
RtTech Software specializes in developing industrial-grade analytic applications tailored for the manufacturing and mining sectors, focusing on critical areas such as operations and energy management. Their applications aggregate machine and sensor data throughout the production process and utilize advanced analytics to deliver operational intelligence through user-friendly dashboards. By integrating solutions that target asset utilization and utilities consumption, RtTech enables operators to access real-time insights, which help maximize production capacity, enhance product quality, and minimize unplanned downtime and shutdowns. The company's solutions are implemented in over 67 sites across 17 countries, serving prominent clients in the industry, including Cargill, BHP Billiton, Barrick Gold, and Rio Tinto.

Mnubo

Series A in 2015
Mnubo Inc. specializes in smart data management and analytics for the Internet of Things (IoT), catering to enterprises, service providers, and device manufacturers. Founded in 2012 and headquartered in Montreal, Canada, with an office in Tokyo, Japan, Mnubo offers a cloud platform that allows original equipment manufacturers (OEMs) to connect, collect, analyze, and act on data from their devices. The company provides services for real-time IoT data streams, including object modeling and lifecycle management, across various sectors such as wearables, industrial, automotive, building, and healthcare. By utilizing its analytics solutions, manufacturers gain insights that enhance product usage, boost customer engagement, and reduce operational costs. Mnubo operates as a subsidiary of Aspen Technology, Inc. since July 2019.

RtTech Software

Series A in 2015
RtTech Software specializes in developing industrial-grade analytic applications tailored for the manufacturing and mining sectors, focusing on critical areas such as operations and energy management. Their applications aggregate machine and sensor data throughout the production process and utilize advanced analytics to deliver operational intelligence through user-friendly dashboards. By integrating solutions that target asset utilization and utilities consumption, RtTech enables operators to access real-time insights, which help maximize production capacity, enhance product quality, and minimize unplanned downtime and shutdowns. The company's solutions are implemented in over 67 sites across 17 countries, serving prominent clients in the industry, including Cargill, BHP Billiton, Barrick Gold, and Rio Tinto.
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