Vistara Growth

Vistara Growth, established in 2015 and headquartered in Vancouver, Canada, is a private equity and venture capital firm that specializes in providing flexible financing solutions for mid to late-stage technology companies across North America. The firm primarily focuses on sectors such as software, technology, and tech-enabled services, seeking to invest between $4 million and $25 million in companies with revenues ranging from $8 million to $200 million. Vistara Growth typically takes minority positions in its investments, utilizing a combination of debt and equity, with debt terms spanning two to four years. The firm also offers interim financing options prior to initial public offerings or exits, as well as debt refinancing and restructuring services. With an additional office in Toronto, Vistara Growth aims to enable the growth of its portfolio companies while supporting the communities in which it operates.

Chris Angelatos

Senior Associate

Jordon Boerchers

Senior Associate

Randy Garg

Founder and Managing Partner

Oren Karol

Senior Associate

Neil Kenley

Principal

John O'Donoghue

Director, Investments

Shipman, Noah Geoffrey

Partner

Gaurav Singh

CFO

Zhang CPA, Tracy

Senior Associate

27 past transactions

Reach

Series A in 2022
Reach is a payment platform that simplifies how businesses sell cross-border. We combine dynamic checkout, intelligent routing, and Merchant of Record local acquiring to offer you the most cost-effective way to sell to global customers. Reach was established in 2015 by Sam Ranieri in Calgary, Alberta.

meQuilibrium

Venture Round in 2021
meQuilibrium offers individuals and employees online stress management solutions and measurements. It is the only clinically validated resilience platform leveraging behavioral psychology, neuroscience, and analytics to deliver transformative insights that change lives and businesses.

Sama

Series B in 2021
Sama is a globally recognized leader in data annotation solutions for enterprise AI models that require the highest accuracy. As an industry pioneer with 15-years of experience, Sama’s expertise and solutions are trusted by leading companies such as GM, Ford, Continental, Google, and many more. Sama specializes in image, video, language, lidar, and sensor data annotation and validation for complex machine learning algorithms. As a leader in ethical AI and as a Certified B-Corp, we’ve pioneered an impact model that harnesses the power of markets for social good, and has been proven to meaningfully improve employment and income outcomes for those with the greatest barriers to formal work. So far, helping more than 60,000 people lift themselves out of poverty.

Kentik

Series C in 2021
Kentik is a network observability company. Its platform is a must-have for the network front line, whether digital business, corporate IT, or service provider. Network professionals turn to the Kentik Network Observability Cloud to plan, run, and fix any network, relying on our infinite granularity, AI-driven insights, and insanely fast search.

Kore.ai

Series C in 2021
Kore.ai is a developer of an enterprise conversational and generative AI platform to help organizations design, develop, test, and manage chatbots for internal or customer-facing business scenarios. The company’s innovative platform, no-code tools, and solutions are used to deliver end-to-end customer and employee experiences from automated to human-assisted and to build generative AI-enabled applications. Kore.ai takes an open approach allowing companies to choose the LLMs and infrastructure that best meet their business needs. Trusted by over 200 partners and 400 Fortune 2000 companies, Kore.ai helps them navigate their AI strategy. The company has a strong patent portfolio in the AI space and has been recognized as a leader and an innovator by top analysts. Headquartered in Orlando Kore.ai has a network of offices to support customers including in India, the UK, the Middle East, Japan, South Korea, and Europe.

D3 Security

Venture Round in 2021
D3’s Smart SOAR platform turns down the noise so SOC teams can spend their time on real threats. With an automated Event Pipeline that reduces alert volume by 90%, unlimited expert-built integrations, and advanced automated playbooks, Smart SOAR orchestrates lightning-fast security operations for enterprise, MSSP, and public sector security teams.

Vyopta

Venture Round in 2021
Vyopta provides analytics products that large enterprises use to improve video and web collaboration.

Alida

Debt Financing in 2020
Alida is a continuous customer insights solution provider that enables organizations to drive better business outcomes while ensuring world-class customer journeys. By combining deep insight with broad feedback, Vision Critical empowers some of the most powerful brands in the world to improve the customer experience. Hundreds of leading brands including BuzzFeed, LinkedIn and Red Bull are building better products and fostering customer loyalty with Vision Critical. To learn more about Vision Critical, follow us on LinkedIn, Facebook, and Twitter, or visit us at www.visioncritical.com.

Kentik

Venture Round in 2020
Kentik is a network observability company. Its platform is a must-have for the network front line, whether digital business, corporate IT, or service provider. Network professionals turn to the Kentik Network Observability Cloud to plan, run, and fix any network, relying on our infinite granularity, AI-driven insights, and insanely fast search.

Kurtosys

Series D in 2020
Kurtosys provides an end-to-end digital experience platform (DXP) that enables firms to create, manage, publish and optimize all their financial data, documents, websites and content in a secure, compliant environment. As a result, it is trusted by the world’s leading investment brands to mitigate their risks and reduce their costs while providing the agility to ensure they are first to market.

Kore.ai

Venture Round in 2019
Kore.ai is a developer of an enterprise conversational and generative AI platform to help organizations design, develop, test, and manage chatbots for internal or customer-facing business scenarios. The company’s innovative platform, no-code tools, and solutions are used to deliver end-to-end customer and employee experiences from automated to human-assisted and to build generative AI-enabled applications. Kore.ai takes an open approach allowing companies to choose the LLMs and infrastructure that best meet their business needs. Trusted by over 200 partners and 400 Fortune 2000 companies, Kore.ai helps them navigate their AI strategy. The company has a strong patent portfolio in the AI space and has been recognized as a leader and an innovator by top analysts. Headquartered in Orlando Kore.ai has a network of offices to support customers including in India, the UK, the Middle East, Japan, South Korea, and Europe.

BitTitan

Series B in 2019
BitTitan empowers IT service professionals to successfully deploy and manage cloud technologies through automation. While MigrationWiz® is the industry-leading SaaS solution for mailbox, document and public-folder migrations between a wide range of Sources and Destinations, MSPComplete® is an IT services automation and management platform that allows IT professionals to implement one-click automation for all of their service delivery needs. Since 2009, BitTitan has moved over 13 million users to the cloud for 36,000 customers in 187 countries and supports leading cloud ecosystems including Microsoft, Amazon, Google and Dropbox.

Vyopta

Series B in 2019
Vyopta provides analytics products that large enterprises use to improve video and web collaboration.

FINCAD

Venture Round in 2019
FINCAD was acquired by Numerix in 2023. Since its founding in 1996, Numerix has been at the vanguard of financial technology, providing groundbreaking expertise, quantitative analytics, and software that redefines pricing and risk management in the financial markets. With the strategic acquisitions of Kynex and PolyPaths, Numerix has further strengthened its leadership position, empowering financial institutions worldwide to transform risk into opportunities with confidence. Numerix is headquartered in New York City with offices around the world in major financial centers which allows for immediate access to the latest trends, innovations, and thought leaders in the industry. This extensive global network enables Numerix to offer localized support and services to its diverse clientele while drawing on global insights and expertise. FINCAD was founded in 1990 by Bob Park.

Zafin

Series B in 2019
Zafin is a globally recognized enterprise banking software company with its unique miRevenue technology platform that spans across global retail and commercial banks managing dynamic products, pricing, billing, loyalty, and revenue optimization. As one of North America's top FinTech companies – Zafin was founded several years ago with over 30 global banking customers including HSBC, Barclays, Standard Chartered, CIBC, TD, BMO, BNS, National Bank of Abu Dhabi, Emirates NBD, and First Bank. Zafin has been awarded Deloitte’s Technology Fast 50 award for three consecutive years (2014-2016), PWC’s finalist for innovative company of the year in 2017, and has been recently selected by America Banker as 1 of the top 10 FinTech companies to watch. Zafin is poised to continue its US Expansion with the recent addition of its growing customer base to include Bank of the West, Sun Trust and others.

CoolIT Systems

Series C in 2019
CoolIT Systems works research, design, and deliver next generation cooling products that provide a comprehensive solution while exceeding high OEM standards for reliability and maintenance-free operation. This carefully designed and patented technology unleashes the full potential of a PC, providing superior cooling performance while reducing system level noise and improving reliability of vital components. CoolIT also works with the AMD engineering group to provide the Reference cooling solution for the latest high performance video cards.

You.i TV

Series C in 2018
You.i TV is a software provider for TV and Media companies looking to develop cross-platform video apps across mobile, tablet, game consoles, streaming devices, and Smart TVs.

Backstop Solutions Group

Venture Round in 2018
Backstop's mission is to help professionals in the institutional investment industry use the time to its fullest potential. We develop technology to simplify and streamline otherwise time-consuming tasks and processes, enabling our clients to quickly and easily access, share, and manage the knowledge that is critical to their day-to-day business success. Backstop provides its industry-leading cloud-based productivity suite to investment consultants, pensions, funds of funds, family offices, endowments, foundations, private equity, hedge funds, and real estate investment firms.

Martello Technologies

Venture Round in 2018
Martello Technologies manages the performance of real-time services on complex distributed cloud networks. Their solutions, which include network performance management software as a service (SaaS) and SD WAN, allow over the top (OTT) service providers and enterprises around the world to deliver better service quality and a reliable user experience. Designed for real-time communications, Martello’s solutions detect, identify and address network performance problems BEFORE service quality is impacted.

Blueprint Software Systems

Venture Round in 2017
Blueprint provides industry-leading software solutions that help large organizations build better business applications. Our products – Blueprint Storyteller and Blueprint Regulatory Compliance Manager – resolve many of the time-consuming, costly, and error- prone functions that challenge IT organizations. Our products sit at the front of the toolchain, ensuring alignment of business and IT stakeholders. We’ve created closed loop solutions that drive innovation and collaboration, ensure regulatory compliance, and protect the business value of products from definition to delivery. More than half of all Fortune 100 companies across the globe have chosen Blueprint to automate their most complex digital transformation challenges. For more information, please visit http://www.blueprintsys.com/.

Mobify

Series B in 2017
Mobify is the #1 provider of Progressive Web Apps for eCommerce for retailers and brands that want to close the gap between desktop and mobile conversion rates, keep up with customer expectations and win loyal customer relationships. The Mobify platform delivers a unified customer experience across mobile web and apps, while building customer relationships through push notifications and store drivers. Leading global brands including Lancôme, Crabtree & Evelyn, Paula’s Choice, Carnival Cruise Line, London Drugs, Burlington, PureFormulas, Superdry, Columbia, eXtra Electronics, and ThinkGeek generate extensive revenue through the Mobify Platform and rely on Mobify to grow their customer lifetime value.

InvestEdge

Debt Financing in 2017
InvestEdge partners with progressive leaders of investment firms who advise and serve prosperous individuals and families. Their sole focus is the delivery of innovative thinking and proven wealth management technology to help you grow your business and deliver the ultimate client experience. Today, dozens of the world's leading advisors rely on InvestEdge for managing, measuring and reporting on the assets of high net worth and ultra-high net worth clients. Their talented, knowledgeable and dedicated team-combined with their patented wealth management solutions-enables you to focus on what matters most: Building stronger, deeper and more profitable relationships with your clients. Since inception in 2000, InvestEdge has steadily grown into the premier provider of wealth management solutions by helping firms:

Zafin

Debt Financing in 2016
Zafin is a globally recognized enterprise banking software company with its unique miRevenue technology platform that spans across global retail and commercial banks managing dynamic products, pricing, billing, loyalty, and revenue optimization. As one of North America's top FinTech companies – Zafin was founded several years ago with over 30 global banking customers including HSBC, Barclays, Standard Chartered, CIBC, TD, BMO, BNS, National Bank of Abu Dhabi, Emirates NBD, and First Bank. Zafin has been awarded Deloitte’s Technology Fast 50 award for three consecutive years (2014-2016), PWC’s finalist for innovative company of the year in 2017, and has been recently selected by America Banker as 1 of the top 10 FinTech companies to watch. Zafin is poised to continue its US Expansion with the recent addition of its growing customer base to include Bank of the West, Sun Trust and others.

Getaround

Debt Financing in 2016
Getaround empowers users to instantly rent and drive great cars shared by people in their city. Cars can be rented by the hour, or the day, with a $1M insurance policy and 24/7 roadside assistance included. By using its app, people skip the lines and paperwork at traditional rental car counters, and the hassle of buying and maintaining a car. Powered by Getaround ConnectTM, the patented connected car technology, Getaround creates a fun and safe carsharing experience is without the need to meet the car owner, carry an access card, or coordinate picking up a car key. People share everything from a Prius to a Tesla and earn thousands in extra income each year, offsetting the high cost of car ownership while also making a positive impact on the environment.

You.i TV

Series B in 2016
You.i TV is a software provider for TV and Media companies looking to develop cross-platform video apps across mobile, tablet, game consoles, streaming devices, and Smart TVs.

Syscon Justice Systems

Debt Financing in 2016
Syscon Justice Systems Ltd. provides offender and case management software solutions for the corrections industry. Its solutions include offender management and jail management systems, offender financials, medical records, assessments, community case management, and business intelligence. Syscon Justice Systems Ltd. provides solutions for the management of incarcerated inmates in a jail or prison, as well as for the management of offenders in community supervision situations, such as parole and probation. The company provides financial applications to manage trust accounts, commissary operations, inmate payrolls, debts, fees, and restitution payments; corrections-specific electronic health records application; and recidivism assessment tools. Its customers include jails, prisons, probation, and parole bases. The company was founded in 1980 and is based in Richmond, Canada with additional offices in Vancouver and Toronto, Canada; Folsom, California; London, the United Kingdom; and Sydney, Australia. As of June 29, 2007, Syscon Justice Systems Ltd. is a subsidiary of SECURUS Technologies, Inc.
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