Vistara Growth

Vistara Growth, based in Vancouver and Toronto, is a private equity and venture capital firm that specializes in providing growth capital and flexible financing solutions to mid-late stage technology companies in North America. Founded in 2015, the firm focuses on investments in sectors such as software, fintech, security, and healthcare technology. Vistara Growth typically invests between $4 million and $25 million per company, targeting businesses with revenues ranging from $8 million to $200 million. The firm employs a variety of investment structures, including secured term debt, convertible debt, and minority equity solutions, often opting for non-amortizing loans to minimize dilution for portfolio companies. With a preference for minority positions, Vistara Growth aims to support the expansion and growth of its investments while also considering interim financing ahead of initial public offerings or exits.

Kevin Barber

Associate Partner

Randy Garg

Founder and Managing Partner

Kathleen Kaulins

Director, Investments

Neil Kenley

Director, Investments

Sean Lindover

Associate

John O'Donoghue

Principal

Noah Shipman

Partner

Tracy Zhang

Associate

Past deals in Vancouver

D3 Security

Venture Round in 2021
D3 Security provides the world's leading platform for incident response, investigation/case management, and security operations.

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.

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 offender management solutions for correctional agencies globally. Established in 1980 and headquartered in Richmond, Canada, the company offers a range of software products, including WorkflowJAIL and WorkflowPRISON for inmate and offender management, as well as EliteJAILS and ElitePRISONS for jail and prison management. Additional offerings encompass community corrections management and financial systems for tracking offenders' trust accounts, commissary operations, and other financial transactions. Syscon's solutions cater to various correctional environments, including jails, prisons, and community supervision settings such as parole and probation. The company also provides professional services like project management, business analysis, data conversion, and training to support its software solutions. Syscon Justice Systems operates with additional offices in Vancouver, Toronto, Folsom, London, and Sydney.