Nicola Wealth Management

Founded in 1994, Nicola Wealth Management is a Vancouver-based wealth manager serving high net worth individuals, families, and professionals across Canada. The company offers integrated wealth management services including investment management, financial planning, taxation, retirement planning, and business consultation.

Michael Mazan

Private Capital Investment Committee Member and Independent Advisor

John Nicola

Founder, Chairman, Chief Investment Officer, CEO and Member of the Investment Review Board and Private Capital Investment Committee

Jurgen Van Vuuren

Senior Director and Head, Private Debt

13 past transactions

Spare

Series B in 2024
Spare is a mobility management software company that enhances public transit services through on-demand and shared transportation solutions. The platform integrates various modes of transport, enabling efficient and accessible mobility for all users. Their platform uses advanced algorithms and data analytics to optimize routes, reduce wait times, and improve overall efficiency for transportation services. By optimizing transportation services and promoting shared rides, Spare Labs reduces traffic congestion and emissions, supporting more sustainable urban mobility.

Kore.ai

Series D in 2024
Kore.ai develops an enterprise AI-powered conversational platform and related chatbot solutions that enable organizations to design, build, test, and manage chatbots for internal and customer-facing use. The platform supports no-code tools, multiple channels, and generative AI capabilities, and allows organizations to choose preferred large language models and infrastructure. Kore.ai serves industries such as banking, sales, commerce, and IT help desk, and supports a global client base with offices and partners worldwide. The company emphasizes improving digital customer interactions and employee experiences through conversational interfaces, and holds a portfolio of AI patents.

Avidbots Corp.

Series C in 2022
Avidbots Corp., founded in 2014 and based in Ottawa, Canada, develops autonomous commercial floor cleaning robots. Its flagship product, NEO, uses laser mapping technology to efficiently clean various spaces such as airports, retail malls, hospitals, and warehouses across seven countries.

RenoRun

Series B in 2022
RenoRun Inc. is a construction materials delivery company that caters to the needs of the construction industry. Founded in 2016 and headquartered in Montreal, Canada, the company offers a wide range of products, including beams, bricks, and concrete mixes. RenoRun has developed a mobile-friendly platform that allows general contractors to place orders easily, streamlining the process of procuring materials. This innovative service minimizes wasted time and effort for contractors by providing efficient delivery directly to job sites, with trained runners ensuring timely collection and drop-off of materials. In addition to its Montreal headquarters, RenoRun operates in Toronto, Canada, and Austin, Texas, positioning itself as a significant player in the construction supply market.

Sonic Incytes Medical Corp

Series A in 2021
Sonic Incytes Medical Corp develops handheld ultrasound solutions for point-of-care assessment and monitoring of chronic liver diseases. It uses quantitative ultrasound and elastography with artificial intelligence to provide deeper measurements, larger tissue samples, and single-probe operation without recalibrations, enabling guidance for diagnostics and procedures. The devices assess liver stiffness, attenuation, and fat fraction to support diagnosis and management of liver health. The company was incorporated in 2012 and is based in Vancouver, Canada.

Spare

Series A in 2021
Spare is a mobility management software company that enhances public transit services through on-demand and shared transportation solutions. The platform integrates various modes of transport, enabling efficient and accessible mobility for all users. Their platform uses advanced algorithms and data analytics to optimize routes, reduce wait times, and improve overall efficiency for transportation services. By optimizing transportation services and promoting shared rides, Spare Labs reduces traffic congestion and emissions, supporting more sustainable urban mobility.

Kore.ai

Series C in 2021
Kore.ai develops an enterprise AI-powered conversational platform and related chatbot solutions that enable organizations to design, build, test, and manage chatbots for internal and customer-facing use. The platform supports no-code tools, multiple channels, and generative AI capabilities, and allows organizations to choose preferred large language models and infrastructure. Kore.ai serves industries such as banking, sales, commerce, and IT help desk, and supports a global client base with offices and partners worldwide. The company emphasizes improving digital customer interactions and employee experiences through conversational interfaces, and holds a portfolio of AI patents.

CPS Capital

Debt Financing in 2021
CPS Capital is a private equity investment firm established in 2013 and based in Toronto, Canada. The firm specializes in supporting small and medium-sized businesses by collaborating closely with their management teams to enhance growth and operational efficiency. CPS Capital is dedicated to fostering the long-term objectives of business owners, either by facilitating their growth strategies or offering liquidity solutions. With a strong commitment to entrepreneurship, CPS Capital actively engages in the investment process, aiming to create value for its portfolio companies.

Vendasta Technologies

Venture Round in 2021
Vendasta Technologies operates Vendasta, a sales and marketing automation platform that empowers agencies and media companies to sell digital solutions to local businesses worldwide. Its comprehensive platform offers tools for prospect identification, personalized reporting, product catalog management, pipeline tracking, reputation management, social media management, and more.

FoodLogiQ

Series B in 2019
FoodLogiQ, LLC is a technology company based in Durham, North Carolina, specializing in supply chain transparency for the food industry. Founded in 2006, it offers a comprehensive suite of software solutions designed to enhance traceability, food safety, and sustainability among food companies and their value chains. FoodLogiQ's platform includes modules for consumer mobile access, product identification, internal and external audits, lab testing, and automation of quality management procedures. The company's products, such as Mange+Monitor, Track+Trace, and Recall+Response, cater to various stakeholders, including growers, packers, shippers, food service companies, grocery retailers, and consumer packaged goods. FoodLogiQ focuses on improving global supply chain visibility, streamlining supplier management, and ensuring compliance with food safety regulations. Its solutions also encompass sustainability initiatives, quality incident management, and blockchain technology. The company operates an additional office in Calgary, Canada, and functions as a subsidiary of Clarkston Consulting, Inc.

FoodLogiQ

Venture Round in 2018
FoodLogiQ, LLC is a technology company based in Durham, North Carolina, specializing in supply chain transparency for the food industry. Founded in 2006, it offers a comprehensive suite of software solutions designed to enhance traceability, food safety, and sustainability among food companies and their value chains. FoodLogiQ's platform includes modules for consumer mobile access, product identification, internal and external audits, lab testing, and automation of quality management procedures. The company's products, such as Mange+Monitor, Track+Trace, and Recall+Response, cater to various stakeholders, including growers, packers, shippers, food service companies, grocery retailers, and consumer packaged goods. FoodLogiQ focuses on improving global supply chain visibility, streamlining supplier management, and ensuring compliance with food safety regulations. Its solutions also encompass sustainability initiatives, quality incident management, and blockchain technology. The company operates an additional office in Calgary, Canada, and functions as a subsidiary of Clarkston Consulting, Inc.

WealthBar

Venture Round in 2016
WealthBar is building Canada's first online portfolio management services. This brings together technology, financial advice and expert portfolio management to make online investing simpler, easier and cheaper than the alternatives. The end result is Canada's very first completely online financial advisor service.

WealthBar

Seed Round in 2013
WealthBar is building Canada's first online portfolio management services. This brings together technology, financial advice and expert portfolio management to make online investing simpler, easier and cheaper than the alternatives. The end result is Canada's very first completely online financial advisor service.
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