Vistara Growth

Vistara Growth, previously known as Vistara Capital Partners, is a private equity and venture capital firm based in Vancouver and Toronto, Canada. Founded in 2015, the firm specializes in providing flexible growth capital solutions, including debt and hybrid debt-equity financing, primarily to mid-later stage technology companies in North America, with a focus on Canada and the West Coast of the United States. Vistara Growth targets investments between $4 million and $25 million in companies that generate revenues ranging from $8 million to $200 million. The firm typically seeks minority positions in its portfolio, employing various financing structures such as secured term debt, convertible debt, and standby facilities. With a keen interest in sectors like software, fintech, security, and healthcare technology, Vistara Growth aims to support the growth and expansion of its portfolio companies while providing interim financing solutions prior to public offerings or exits.

Chris Angelatos

Senior Associate

Kevin Barber

Associate Partner

Jordon Boerchers

Senior Associate

Randy Garg

Co-Founder and Managing Partner

Oren Karol

Senior Associate

Kathleen Kaulins

Technology Investor

Neil Kenley

Principal

John O'Donoghue

Principal

Noah Shipman

Partner

Gaurav Singh

CFO

Tracy Zhang

Senior Associate

Past deals in British Columbia

D3 Security

Venture Round in 2021
D3 Security is a provider of an advanced security operations platform focused on enhancing incident response, investigation, and case management. The platform offers security orchestration, automation, and response (SOAR) capabilities that streamline security operations. By automating processes such as event enrichment, incident response, and threat hunting, D3 Security enables organizations to improve the efficiency and effectiveness of their investigations. This operational efficiency makes security management more accessible and cost-effective for businesses, ultimately leading to quicker and higher-quality responses to security incidents.

Alida

Debt Financing in 2020
Alida, formerly known as Vision Critical Communications Inc., offers a cloud-based customer intelligence platform that enables organizations to establish engaged and secure communities for continuous real-time feedback and insights. The platform includes various solutions such as IdeaHub, which streamlines the idea generation process within online communities, and IdeaScreen, a web application designed to evaluate early-stage ideas. Additionally, Alida provides Sparq Share, a secure workspace for users of its customer intelligence platform, along with real-time reporting and analytics tools to assist stakeholders in decision-making. The company also offers community management and research consulting services, including insight community planning and management. Alida serves a diverse range of industries, including media, retail, financial services, technology, and healthcare, helping leading brands improve customer experiences and foster loyalty. Founded in 2000, Alida is headquartered in Vancouver, Canada.

FINCAD

Venture Round in 2019
FINCAD offers risk analytics and management software for valuations and pricing of derivatives, including swaps and options. It provides a wide range of news about financial technology and global financial markets and products such as F3s, analytic suites, and insights. The company offers solutions such as pricing and valuation, risk measurement, and hedge accounting for enterprises and the offices are located in Canada, U.S., U.K., and Ireland. FINCAD is a Canada-based company which was founded in 1990 by Bob Park.

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.

Syscon Justice Systems

Debt Financing in 2016
Syscon Justice Systems Canada Ltd. specializes in providing comprehensive offender and case management software solutions tailored for correctional agencies globally. Founded in 1980 and headquartered in Richmond, Canada, the company develops a range of software products, including WorkflowJAIL, WorkflowPRISON, EliteJAILS, ElitePRISONS, EliteCOMMUNITY, and Elite Financials. These solutions support the management of incarcerated individuals, community supervision, and financial operations, as well as medical records and assessments. Syscon's offerings also include professional services such as project management, data conversion, and training. The company's client base encompasses various correctional entities, including jails, prisons, and probation services, aiming to enhance operational efficiency and public safety. Syscon Justice Systems operates additional offices in Vancouver, Toronto, Folsom, London, and Sydney, and is a subsidiary of N. Harris Computer Corporation.
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