GrowthWorks

Established in Canada since 1992, GrowthWorks is an asset management firm specializing in early-stage investments across cleantech, healthcare, and technology sectors. The company manages regional venture capital funds nationwide, providing strategic investment structuring, risk diversification, and industry connections to foster growth-oriented companies.

Timothy Lee

Chief Investment Officer

Zahra Mamdani

Investor

Past deals in New Brunswick

Introhive

Series B in 2015
Introhive, Inc. is a Canadian technology company based in Fredericton, New Brunswick, that specializes in developing contact mining software applications. Founded in 2012 by Jody Glidden and Stewart Walchli, the company offers a software-as-a-service (SaaS) platform designed to enhance revenue generation and improve customer experience management. Introhive's platform integrates relationship intelligence into customer relationship management (CRM) systems, utilizing data automation to accelerate sales processes. The company's enterprise relationship management solution provides valuable insights into client and prospect relationships, streamlining tasks such as sales hiring, prospecting, territory assignment, renewals, and lead scoring. By transforming disorganized data into actionable insights, Introhive aims to boost productivity and facilitate CRM adoption for its clients.

Smart Skin Technologies

Series A in 2014
Smart Skin Technologies Inc. is a technology development company founded in 2009 and headquartered in Fredericton, Canada, with an additional office in Munich, Germany. The company specializes in the development and commercialization of innovative pressure-sensitive skin technology. Its flagship product, Quantifeel, is a packaging pressure monitoring system designed to measure line pressure and 3D orientation across various packaging formats, including glass, cans, and PET. Smart Skin Technologies is also focused on advancing its patent-pending pressure sensing technology for applications in industrial settings and sports, showcasing the versatility and potential of its unique touch-sensitive materials across multiple verticals.

Introhive

Series B in 2013
Introhive, Inc. is a Canadian technology company based in Fredericton, New Brunswick, that specializes in developing contact mining software applications. Founded in 2012 by Jody Glidden and Stewart Walchli, the company offers a software-as-a-service (SaaS) platform designed to enhance revenue generation and improve customer experience management. Introhive's platform integrates relationship intelligence into customer relationship management (CRM) systems, utilizing data automation to accelerate sales processes. The company's enterprise relationship management solution provides valuable insights into client and prospect relationships, streamlining tasks such as sales hiring, prospecting, territory assignment, renewals, and lead scoring. By transforming disorganized data into actionable insights, Introhive aims to boost productivity and facilitate CRM adoption for its clients.

Introhive

Series A in 2012
Introhive, Inc. is a Canadian technology company based in Fredericton, New Brunswick, that specializes in developing contact mining software applications. Founded in 2012 by Jody Glidden and Stewart Walchli, the company offers a software-as-a-service (SaaS) platform designed to enhance revenue generation and improve customer experience management. Introhive's platform integrates relationship intelligence into customer relationship management (CRM) systems, utilizing data automation to accelerate sales processes. The company's enterprise relationship management solution provides valuable insights into client and prospect relationships, streamlining tasks such as sales hiring, prospecting, territory assignment, renewals, and lead scoring. By transforming disorganized data into actionable insights, Introhive aims to boost productivity and facilitate CRM adoption for its clients.

Enovex Technology

Venture Round in 2012
Enovex Technology Ltd., established in 2009 and headquartered in Saint John, Canada, specializes in the design and development of advanced gas separation materials. The company's core business focuses on creating innovative solutions for capturing and separating greenhouse gases, with a particular emphasis on carbon dioxide, nitrogen, and water. Enovex's cutting-edge materials are not only instrumental in addressing environmental concerns but also have applications in various high-value industries, including advanced agriculture, internet infrastructure, mobile devices, and biomedical technology.

MedRunner

Seed Round in 2012
MedRunner Health Solutions Inc. is a software development company based in Saint John, Canada, specializing in healthcare applications for prescribers, pharmacists, and patients. Established in 2009, the company has developed MedRunner, a web-based electronic prescription platform that enables physicians and pharmacies to exchange electronic prescriptions efficiently. Additionally, MedRunner offers ePrescribing, which allows legal prescribers to send paperless prescriptions to pharmacies, thereby mitigating the risks associated with traditional prescription methods. The company's commitment to innovation is reflected in its focus on understanding and addressing the needs of its customers in the healthcare sector.

Lymbix

Venture Round in 2011
Lymbix, Inc. is a technology innovation company founded in 2009 and headquartered in Moncton, Canada. It specializes in real-time sentiment analytics technologies that enhance the understanding of text-based communication. Lymbix offers a range of products, including ToneCheck, which serves as an emotional spell checker to ensure clear communication before sending messages; Measure.ly, a content marketing analytics solution; and TweetTone, which analyzes the emotional content of conversations on Twitter. The company's tools provide precise sentiment analysis, moving beyond basic positive, neutral, and negative scales to incorporate emotional dimensions. Lymbix also features a comprehensive API that allows developers in various fields, such as Social CRM and Customer Support, to integrate sentiment analysis into their applications. Through its innovative offerings, Lymbix aims to improve clarity and emotional comprehension in communication for individuals and organizations alike.

Virtual Expert Clinics

Series C in 2007
Virtual Expert Clinics develops online educational therapy supports for schools and districts to educate students with developmental disorders in Canada and the United States. It offers AutismPro, a subscription-based online program that guides parents, therapists, and teachers to design, build, and manage educational therapeutic programs for children with autism. The company was founded in 2004 and is based in Fredericton, Canada with an additional office in Denver, Colorado.

Virtual Expert Clinics

Venture Round in 2006
Virtual Expert Clinics develops online educational therapy supports for schools and districts to educate students with developmental disorders in Canada and the United States. It offers AutismPro, a subscription-based online program that guides parents, therapists, and teachers to design, build, and manage educational therapeutic programs for children with autism. The company was founded in 2004 and is based in Fredericton, Canada with an additional office in Denver, Colorado.

AnyWare Group

Series B in 2005
AnyWare Group, Inc. specializes in providing remote access solutions tailored for hospitals and healthcare organizations across North America. The company offers a managed service known as role-oriented access management (ROAM), which integrates and delivers web-based, legacy, client/server, and custom applications to personal computers and Macs for healthcare use. Its offerings include the ROAM Portal for web-based access, ROAM services that encompass online collaboration, video conferencing, and live remote support, as well as the ROAM Identity Manager, which facilitates integration with active directory and single sign-on features. Additionally, AnyWare Group provides an Embedded Security Agent for managing encrypted connections between users and applications, alongside a ROAM VPN service that enables secure remote access to client/server applications. Founded in 1999, the company is headquartered in Saint John, Canada.
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