Vanedge Capital

Vanedge Capital Inc. is a Vancouver-based venture capital firm that specializes in investments across various stages, particularly focusing on technology and interactive entertainment sectors. Founded in 2008, the firm targets companies that have already gained traction, specifically in areas such as enterprise software, cloud computing, cyber security, and digital media. Vanedge Capital is particularly interested in businesses with annual revenues between $0.5 million and $1 million, investing between CAD 1 million and CAD 13 million. The firm seeks opportunities in both North American markets, especially the United States and Canada, as well as in Asia, with a notable presence in China. It aims to partner with companies that have demonstrated product market fit and possess a fast-growing user base, providing not only capital but also operational expertise and a global network to help these businesses scale effectively.

Moe Kermani

Managing Partner

Tony Lam

Principal

V. Paul Lee

Co-Founder and Managing Partner

Jo Man

Associate

Brian Martin

Principal

Amy Rae

Partner and Principal

Darren Thomson

Senior Associate

Past deals in British Columbia

Autozen

Seed Round in 2022
Developer of an automotive retail platform intended to re-invent the car-selling experience. The company's platform takes care of everything including paperwork, payment, and pick-up, and creates an experience where no effort is required from sellers, enabling users to sell their vehicles from the comfort of their homes.

Canalyst

Series C in 2022
Canalyst Financial Modeling Corporation operates a cloud-based equity analysis platform designed for institutional analysts and portfolio managers. Established in 2015 and based in Vancouver, Canada, the platform offers a comprehensive database of equity models that includes data on major indices as well as under-covered small and mid-cap companies. Canalyst aims to streamline the equity research process, allowing clients to save time and enhance their investment decision-making through access to structured fundamental data. The platform is particularly valued for its support in analyzing time-sensitive, event-driven investment opportunities, catering to the needs of users focused on accurate and efficient research.

VodaSafe

Seed Round in 2020
VodaSafe Inc. is a Canadian company based in Kelowna that focuses on developing innovative technology for water-based search and rescue operations. Its flagship product, AquaEye, is a handheld waterproof device that employs sonar, ultrasound, and artificial intelligence to detect submerged individuals in bodies of water. In addition to locating these individuals, AquaEye records vital rescue data and integrates with other Bluetooth-enabled devices, enhancing the effectiveness of emergency responders, lifeguards, and recreational users in lifesaving and recovery efforts.

Canalyst

Series B in 2020
Canalyst Financial Modeling Corporation operates a cloud-based equity analysis platform designed for institutional analysts and portfolio managers. Established in 2015 and based in Vancouver, Canada, the platform offers a comprehensive database of equity models that includes data on major indices as well as under-covered small and mid-cap companies. Canalyst aims to streamline the equity research process, allowing clients to save time and enhance their investment decision-making through access to structured fundamental data. The platform is particularly valued for its support in analyzing time-sensitive, event-driven investment opportunities, catering to the needs of users focused on accurate and efficient research.

AVA Technologies

Seed Round in 2018
AVA Technologies Inc. develops and manufactures a hardware enabled software device, AVA Byte, that helps users grow nutrition dense fruits and vegetables from home. The device is an artificial intelligence enabled smart indoor garden equipped with sensors that helps us collect the datasets. The company was founded in 2016 and is headquartered in Vancouver, Canada.

Xtract Ai

Debt Financing in 2016
Xtract AI is a Vancouver-based company that specializes in developing artificial intelligence software aimed at enhancing machine learning capabilities. Founded in 2016, Xtract AI focuses on automating the digitization, parsing, and comprehension of extensive text data through its flagship product, XtractDOCS. The company also offers XtractVIDEO, which utilizes proprietary algorithms to apply human-like understanding to video content. With a strong foundation in machine learning and computer science, Xtract AI is dedicated to advancing AI technology and has secured six provisional patents for its deep learning innovations. The company aims to transform various sectors, including accounting and finance, by creating smart, effective applications that enhance organizational efficiency. As of September 2019, Xtract AI operates as a subsidiary of Patriot One Technologies Inc.

Canalyst

Seed Round in 2016
Canalyst Financial Modeling Corporation operates a cloud-based equity analysis platform designed for institutional analysts and portfolio managers. Established in 2015 and based in Vancouver, Canada, the platform offers a comprehensive database of equity models that includes data on major indices as well as under-covered small and mid-cap companies. Canalyst aims to streamline the equity research process, allowing clients to save time and enhance their investment decision-making through access to structured fundamental data. The platform is particularly valued for its support in analyzing time-sensitive, event-driven investment opportunities, catering to the needs of users focused on accurate and efficient research.

Control Mobile

Seed Round in 2015
Control Mobile is a developer of a management and analytics platform focused on online payment services. The platform integrates with major payment processors such as Stripe and PayPal to offer businesses real-time payment analytics and management tools. Control Mobile enables businesses to monitor their transactions and respond promptly to time-sensitive events, whether from mobile devices or desktop computers. With a user base exceeding 10,000 businesses, the platform has facilitated over $20 million in transactions and delivers more than one million alerts each month to help companies manage fraud and optimize their payment processes.

MediaCore

Series A in 2015
Video is transforming education, and MediaCore helps hundreds of educational institutions around the world embrace it. The MediaCore Video Platform puts powerful video learning and sharing tools into the hands of every student and professor — empowering them to easily capture, manage and share video privately and securely across all platforms and mobile devices. MediaCore has received a wide range of awards, most recently being recognised by Fast Company as one of the top ten most innovative companies in digital video.

Illusense

Venture Round in 2015
Illusense Inc. develops machine vision technology. It offers ultra-high resolution laser-based internal oil and gas pipeline inspection technology for pipeline maintenance services. The company was founded in 2013 and is based in Vancouver, Canada.

Metafor Software

Seed Round in 2012
Metafor Software specializes in anomaly detection through its innovative machine learning technology. The company provides a tool that analyzes real-time data generated by IT infrastructure and applications to identify unusual behavior. By automatically establishing a baseline of normal activity, Metafor employs advanced unsupervised, non-parametric behavioral analytics to detect potential security threats and performance issues. This proactive approach enables software developers to address problems at their inception, enhancing the reliability and security of their applications.

Wurldtech

Series A in 2012
Wurldtech Security Technologies Inc. specializes in providing security solutions to protect critical infrastructure from cyber attacks. The company offers a range of products, including the Achilles Industrial Next Gen Firewall for network security, the Achilles Test Platform for manufacturers to assess product vulnerabilities, and Achilles Threat Intelligence Software for real-time risk management. Additionally, Wurldtech provides Achilles certification programs that verify compliance with industry security standards, ensuring that manufacturers meet customer requirements. The company also offers professional services, including security assessments and training for various sectors such as oil and gas, electric power, medical, and manufacturing. Founded in 2006 and based in Vancouver, Canada, Wurldtech operates as a subsidiary of General Electric Company, serving clients globally to mitigate cyber risks and enhance system reliability.

Recon Instruments

Series A in 2012
Recon Instruments, Inc. specializes in the design and development of smart eyewear products tailored for sports and high-intensity environments. Established in 2008 and based in Vancouver, Canada, the company has emerged as a leader in smart eyewear technology, offering GPS heads-up displays integrated into ski and snowboard goggles, as well as prescription inserts. Their flagship product, Recon Engage, allows users to track their activity and location in real-time, view performance statistics, and receive notifications. The eyewear features an Android-based operating system with an open software development kit, facilitating the creation of various applications for diverse sports and activities. Recon Instruments is committed to enhancing athletic performance through innovative design and technology, ensuring that all aspects of product development are handled in-house to maintain quality and usability. As a subsidiary of Intel Corporation, Recon continues to push the boundaries of smart eyewear, focusing on delivering essential information to athletes in a seamless and efficient manner.

Plantiga

Seed Round in 2010
Plantiga provides human movement intelligence, a deep insight into health based on the way people move. Its platform is built to optimize health, prevent injury, and monitor recovery by detecting changes in functional movement patterns that the eye cannot see. The company was founded in 2017 and is headquartered in Vancouver, British Columbia.
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