Bluesky Equities

Bluesky Equities Ltd. is a private equity and venture capital firm based in Calgary, Canada, founded in 2003. The firm specializes in investing in lower middle market and early-stage companies, focusing on sectors such as energy, technology, real estate development, and B2B SaaS. Bluesky Equities engages in a variety of investment strategies, including growth capital, strategic acquisitions, and alternative investments. It also provides mezzanine and bridge financing, and typically takes minority and non-controlling stakes in its investments. The firm primarily targets opportunities in Canada and has diversified holdings that include energy, real estate, and technology ventures.

Past deals in Alberta

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.

HonestDoor

Seed Round in 2022
HonestDoor Inc. is a Canadian company based in Edmonton that operates a real estate website aimed at facilitating the buying and selling of properties. Incorporated in 2017, the company utilizes advanced big data and predictive analytics to provide users with estimated values of homes. Its platform enhances transparency in the real estate market by offering a range of data, including selling prices, neighborhood growth rates, annual property taxes, permit information, and transaction histories. Additionally, HonestDoor employs a machine learning valuation model that delivers daily updated price estimates for properties. This comprehensive approach enables buyers and sellers to engage in real estate transactions with confidence, minimizing the risks of overpricing or underpricing.

HonestDoor

Seed Round in 2020
HonestDoor Inc. is a Canadian company based in Edmonton that operates a real estate website aimed at facilitating the buying and selling of properties. Incorporated in 2017, the company utilizes advanced big data and predictive analytics to provide users with estimated values of homes. Its platform enhances transparency in the real estate market by offering a range of data, including selling prices, neighborhood growth rates, annual property taxes, permit information, and transaction histories. Additionally, HonestDoor employs a machine learning valuation model that delivers daily updated price estimates for properties. This comprehensive approach enables buyers and sellers to engage in real estate transactions with confidence, minimizing the risks of overpricing or underpricing.

Decisive Farming

Series B in 2019
Decisive Farming Corp. is a provider of information technology solutions for the farming industry in Western Canada, established in 2011 and headquartered in Irricana, Canada. The company offers a range of services including Optimize-RX, which utilizes variable rate technology for precision agronomy in fertility, seeding, fungicide application, and top dressing. Additionally, it provides Sure-Check for soil testing, Know-Risk, a farm management and crop marketing program, and My Farm Manager to assist with precision agronomy, crop management, and risk management. Decisive Farming empowers clients to make informed decisions regarding soil fertility, crop marketing, risk management, and data management, while also facilitating participation in carbon credit initiatives.

Passportal

Venture Round in 2017
Passportal Inc. is a Canadian company based in Calgary that specializes in document management software designed for information security service providers. Founded in 2011, the company offers its cloud-based platform, Ocular, which facilitates automated password protection and simplifies the management and retrieval of passwords and documentation from any connected device. Passportal's solutions are tailored specifically for managed service providers (MSPs) and include a suite of additional products such as Docs, Blink, and Site, which aid in compliance with industry regulations and enhance protection against data breaches and cyber security threats. As of April 2019, Passportal operates as a subsidiary of SolarWinds Corporation.

Granify

Series A in 2015
Granify Inc. is an Edmonton-based company that offers a Software-as-a-Service solution aimed at maximizing sales for online retailers. The Granify platform leverages big data and machine learning technologies to analyze shopper behavior, including their journey and interactions on e-commerce sites. By monitoring factors such as mouse movements and hesitations, Granify can identify potential objections and automatically deliver targeted messages to address shoppers' concerns, thereby increasing the likelihood of completing a sale. The solution is compatible with various e-commerce platforms, including custom-built sites. Incorporated in 2011, Granify operates at the intersection of artificial intelligence and e-commerce, striving to enhance revenue optimization for retailers through real-time analytics and predictive insights.
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