Telesystem

Telesystem Ltd. is a private equity and venture capital firm based in Montreal, Canada, founded in 1984 by Charles Sirois. The company specializes in investments in the media and technology sectors, focusing on areas such as data analytics and industrial innovations. Telesystem primarily targets mid and late venture, emerging growth, and buyout opportunities, while also considering early revenue-stage companies. The firm prefers to take majority or minority stakes in its investments and often acts as the lead investor in initial funding rounds. With over two decades of experience, Telesystem has been actively involved in the creation, acquisition, financing, and management of companies in the information and communication technology sector, primarily within Canada and the United States.

Daniel Cyr

Executive Vice President and CFO

Francois Sirois

President and CEO

Sirois CQ, CM, B.Fin, M.Fin, Charles

Chairman and CEO

Robert Talbot

Managing Partner

11 past transactions

NorthStar Earth & Space

Series C in 2023
NorthStar Earth & Space Inc. is a Montreal-based company that specializes in providing a global environmental information platform through advanced earth observation and space object tracking services. Founded in 2015, NorthStar offers a range of data analytics solutions that cater to various industries, including forestry, agriculture, energy, and urban planning. The company's platform delivers critical insights such as forest preservation, water security, crop productivity, and natural resource management. Additionally, NorthStar's technology enables precise monitoring and tracking of space objects, supporting collision warnings and event detection. By offering timely and accurate information, NorthStar aims to facilitate sustainable development and the effective management of Earth's natural resources.

NorthStar Earth & Space

Venture Round in 2021
NorthStar Earth & Space Inc. is a Montreal-based company that specializes in providing a global environmental information platform through advanced earth observation and space object tracking services. Founded in 2015, NorthStar offers a range of data analytics solutions that cater to various industries, including forestry, agriculture, energy, and urban planning. The company's platform delivers critical insights such as forest preservation, water security, crop productivity, and natural resource management. Additionally, NorthStar's technology enables precise monitoring and tracking of space objects, supporting collision warnings and event detection. By offering timely and accurate information, NorthStar aims to facilitate sustainable development and the effective management of Earth's natural resources.

Hortau

Series D in 2018
Hortau Inc. is a Canadian company specializing in the design and manufacture of wireless and web-based irrigation management systems. Founded in 2002 by Dr. Jean Caron and Jocelyn Boudreau, the company integrates proprietary soil sensing technologies with advanced information systems to optimize irrigation practices. Hortau’s product offerings include the WEB-TX4 Field Monitoring Stations, which transmit key soil and weather data to a cloud-based platform, and the 1k Extended Range Sensor, a tensiometer that helps growers manage deficit irrigation and monitor plant health. Additionally, the company provides various sensors that measure soil tension, temperature, and humidity, as well as comprehensive weather stations that track environmental conditions. Their cloud-based software, Irrolis, captures and analyzes real-time data, supporting agricultural managers in enhancing crop production and resource efficiency. With operations in Canada and the United States, Hortau aims to reduce water use, energy consumption, and nutrient loss while improving crop yield and productivity.

Prevtec Microbia

Venture Round in 2015
Prevtec Microbia Inc. is a biotechnology company based in Montreal, Canada, specializing in the development, manufacturing, and marketing of products aimed at preventing bacterial infections and enhancing performance in food animal production. Founded in 2003 by Dr. John M. Fairbrother and Dr. Eric Nadeau, the company originated as a spin-off from the Faculté de médecine vétérinaire at the Université de Montréal. Prevtec Microbia is known for its flagship product, Coliprotec, a live vaccine designed to prevent post-weaning diarrhea in pigs caused by F4 (K88)-positive E. coli bacteria. The company operates primarily in Canada and Europe, focusing on sustainable solutions that improve animal health and food safety, thereby increasing production performance in the agri-food sector. As of 2019, Prevtec Microbia operates as a subsidiary of Elanco Canada Limited.

FileTrek

Series B in 2012
FileTrek provides accurate and effective enterprise threat detection through comprehensive event collection, advanced behavioral analytics and precise anomaly detection. FileTrek enables companies of all sizes to eliminate the noise and false positives of existing security tools and focus limited security resources on actual threats to sensitive data assets. FileTrek’s cutting-edge solution secures intellectual property, trade secrets, classified files, and other sensitive data from accidental or intentional compromise by knowledge workers, IT administrators, contractors, and partners. FileTrek solutions are deployed to protect critical data across manufacturing, life sciences, hi-tech, finance, aerospace & defense and securities brokerage industries. The company is a privately funded with corporate headquarters in Ottawa, Canada and a regional office in Los Angeles, CA.

Woozworld

Series B in 2011
Woozworld Inc. is a Montreal-based company that develops and operates a free virtual platform aimed at kids, tweens, and teens. Founded in 2009, Woozworld allows users to create personalized avatars, known as Woozens, and engage in a massive multiplayer environment where they can express their creativity and social skills. The platform offers features such as designing virtual spaces, participating in contests, hosting parties, and interacting with millions of players. By fostering a vibrant community, Woozworld encourages users to explore their interests and develop friendships in an engaging online environment. As of July 2019, Woozworld operates as a subsidiary of Azerion BV.

iPerceptions

Series A in 2008
iPerceptions Inc., founded in 1999 and based in Montreal, Canada, specializes in developing web-focused Voice of Customer (VoC) solutions for various industries including telecommunications, hospitality, e-commerce, financial, automotive, retail, education, healthcare, and more. The company's enterprise platform collects and analyzes feedback from real users across all touchpoints of the customer lifecycle, transforming this data into actionable insights. iPerceptions offers a range of services from survey design to deployment and analysis, helping brands become more customer-centric. With an experienced team managing thousands of VoC programs, iPerceptions collects over 100 million feedback data points annually across 80 countries in 35 languages.

Airborne Entertainment

Series A in 2001
Airborne Studios specializes in publishing and providing mobile entertainment content and applications. Founded in 2000 and based in Montréal, Quebec, the company offers a diverse portfolio that includes original and branded properties such as Family Guy, Donald Trump's Real Estate Tycoon, Speed TV Mobile, Maxim ToGo, and Cosmo Mobile. Their products encompass games, images, videos, ringtones, ring-back tones, and various informational content. Airborne Studios distributes its offerings through wireless carriers across North America and Europe, while also enabling retailers and branded destinations to effectively engage with mobile consumers through premium and promotional channels.

Clustra Systems

Series B in 2001
Clustra Systems, Inc. develops database software and data management solutions for telecommunication, mobile data, Internet infrastructure, and e-commerce database applications. The company offers clustered and high-availability databases that are required by telecoms and service providers. Clustra Systems, Inc. provides data servers that enable online applications to provide online services to customers. The company was founded in 1997 and is based in Oakland, California.

Datawire Communication Networks

Series B in 2001
Datawire Communication Networks, Inc. specializes in the development and provision of Internet-based transaction delivery networks tailored for payment processors and merchant acquirers across North America and Europe. The company offers a distributed transaction transport network known as Datawire VXN, which facilitates Internet money transfers and credit card processing services within the payment processing sector. Additionally, Datawire provides Datawire NAM, an Internet protocol connectivity solution designed for Windows-based point of sale applications. Through its innovative solutions, Datawire aims to deliver high-speed, secure, and reliable transaction transport, enhancing operational efficiency for its clients in the financial services industry.

Clustra Systems

Series A in 1999
Clustra Systems, Inc. develops database software and data management solutions for telecommunication, mobile data, Internet infrastructure, and e-commerce database applications. The company offers clustered and high-availability databases that are required by telecoms and service providers. Clustra Systems, Inc. provides data servers that enable online applications to provide online services to customers. The company was founded in 1997 and is based in Oakland, California.
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