NorthSpring Capital Partners

NorthSpring Capital Partners provides risk capital to small and medium sized companies with the goal of creating value. Investments range between $250,000 and $1 million in the form of subordinated debt and/or equity across a variety of traditional industries located in Southern Ontario. NorthSpring takes a flexible approach when reviewing investment opportunities and tailors its investment structure to fit the unique aspects of the business.

Hunter, Brian K.

President

19 past transactions

Able Innovations

Seed Round in 2022
Able Innovations is developing advanced medical devices to tackle the pressing problem of patient transfer in healthcare. Their technology is revolutionizing the quality of care provision - providing a safe, efficient, and dignified care experience for patients and caregivers.

Rehabtronics

Venture Round in 2021
Rehabtronics is a technology development firm that focuses on solutions for physical rehab.

FluidAI Medical

Seed Round in 2021
FluidAI Medical is a medical platform company at the forefront of revolutionizing global patient care, leveraging the transformative power of artificial intelligence in post-operative recovery.

DarwinAI

Seed Round in 2020
DarwinAI’s Generative Synthesis 'AI building AI' technology enables optimized and explainable deep learning. Based on distinguished scholarship by an award-winning team led by a Canada Research Chair in A.I., DarwinAI takes the guesswork out of building better A.I. The company is providing manufacturers with an end-to-end solution to improve product quality and increase production efficiency.

Forcen

Seed Round in 2020
Forcen is a tier 1 supplier of Force/Torque sensor systems and edge intelligence to robotics OEMs. A comprehensive plug-and-play sensing network for your robot's force/torque systems.

Workwolf

Pre Seed Round in 2020
Workwolf is a Toronto-based start-up with a management team who has led 7 start-ups, had 2 successful exits, and has taken a company public with a $1.8B IPO. Workwolf CEO Erik Simins is an SME in HR who previously founded MAGNUS HRS, a staffing company now servicing over 150 enterprise customers. The technology at Workwolf solves two of the biggest problems faced by today’s employment market: applicant filtration and resume verification. The result for employers is a faster time-to-hire, less manual work, and fewer mis-hires. Winner of 3 global awards for innovation and market potential, Workwolf is ramping up for a $4.5M Seed financing round.

YOURIKA

Seed Round in 2019
YOURIKA combines years of AI research from the University of Waterloo (Top 5 in AI) with our proprietary technology and domain expertise to make smarter and more connected learning products. This includes our own platform, ORBITS, that liberates teenage students to work smarter when learning remotely.

Forcen

Seed Round in 2019
Forcen is a tier 1 supplier of Force/Torque sensor systems and edge intelligence to robotics OEMs. A comprehensive plug-and-play sensing network for your robot's force/torque systems.

Underknown

Seed Round in 2019
Underknown is a digital-first media company that specializes in creating short-form web series for social video platforms. Its mission is to create fun, engaging, educational content that educates the world about science and the humanities. Underknown is a Toronto-based global multiplatform digital video company.

CalendarHero

Seed Round in 2018
CalendarHero develops a digital assistant application designed to minimize the distractions at work from operational tasks. The company's digital assistant application is an automated virtual assistant that streamline office works including meeting scheduling, workload management, arranging contact list, setting reminders and storing background information, enabling enterprise managers to improve productivity at work.

Nicoya Lifesciences

Seed Round in 2018
Nicoya is a provider of advanced analytical instruments for the biotechnology and pharmaceutical industries.

SSIMWAVE

Seed Round in 2017
SSIMWAVE is a cutting-edge video software company that provides perceptual quality measurement and optimization solutions to broadcast and streaming operators in Canada and the United States. SSIMWAVE's video experience automation platform connects to workflows and operationalizes viewer experience data to remove the inconsistency from manual QA and validation processes. The platform allows quality assurance functions to be scaled beyond non-metric-based processes. SSIMWAVE's platform is used by organizations and Hollywood’s top studios to address video issues across all files and streams.

RYSE

Seed Round in 2017
RYSE creates devices to motorize and automate window coverings. The RYSE SmartShade automates existing window shades that has a beaded chain or cord loop. RYSE was awarded the Motorized Product of the Year by the Consumer Technology Association in 2017, RYSE is compatible with a variety of window shades and allows you to control and schedule your shades from the comfort of your phone.

Intellijoint Surgical

Series A in 2016
Intellijoint Surgical is a Canadian medical device company committed to assisting orthopedic surgeons to meet their surgical objectives. Focused first on hip surgery, Intellijoint Surgical’s affordable Smart Tools enhance surgeon accuracy, improve patient outcomes, and increase hospital economic efficiencies. Intellijoint HIP is a low cost, easy to use Smart Tool that assists surgeons with the accurate selection, positioning, and alignment of implants during hip replacement surgery. The device uses a combination of hardware and software and integrates miniature optical sensors and microelectronics. Without altering surgical techniques or workflow, intelligent HIP provides surgeons with quantitative intra-operative data regarding changes in cup position, leg length, and offset while adding approximately 3-5 minutes to surgery. This data expedites decision-making and improves accuracy in achieving pre-operative planned targets, ultimately improving patient outcomes and reducing outliers. In 2016, The company has received the North American Frost & Sullivan Enabling Technology Leadership Award.

KA Imaging

Debt Financing in 2016
KA Imaging is a Canadian company that has created the world's first portable dual energy subtraction X-ray detector. The device uses dual energy X-ray subtraction which is clinically proven to improve sensitivity (compared to chest X-ray and approaching CT in many cases) in the early identification of diseases including pneumonia (incl. COVID), unidentified nodules, coronary calcifications, fractures and for verifying the position of catheters (PICC, ET, NG tubes). Reveal has cleared FDA 510(k) and is being sold globally. KA Imaging has 20 full time and 10 part-time/contract employees and has 52 global and 17 issued US patents.

HTBASE

Angel Round in 2016
HTBASE delivers a unique Composable IT infrastructure solution to medium and large enterprises with its software-defined platform. Their goal is to enable organizations to transform their operations and deliver technology solutions on an efficient way. Through innovative product and services, HTBASE accelerates the journey to cloud computing in a more agile, trusted and cost-efficient way.

Synergy Disc Replacement

Series A in 2015
Synergy Disc Replacement Inc(SDRI) produces Cervical disc implant to restore patient's balance, range of motion and alignment.

Perimeter Medical Imaging

Series A in 2015
Perimeter Medical Imaging is a medical technology company driven to transform cancer surgery with ultra-high resolution, real-time, advanced imaging tools that address unmet medical needs.

directworx

Venture Round in 2010
Founded in 1996, directworx (formerly Pegasus Direct Mail Worx) offers state-of-art response technologies for direct mail and transactional mail campaigns encompassing all aspects of creative, data cleansing, dynamic imaging and delivery electronically or through postal services
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