TIMIA Capital
Acquisition in 2024
TIMIA Capital is a specialty finance company based in Vancouver, Canada, that specializes in providing growth capital to technology companies, particularly within the B2B and SaaS sectors. Founded in 2009, the company focuses on revenue financing, which allows businesses to receive funding in exchange for variable monthly payments based on their revenue, alongside predetermined minimum payments. This approach enables entrepreneurs and stakeholders to maintain ownership and control over their businesses while accessing necessary capital. TIMIA Capital also manages a portfolio of equity investments, further diversifying its financial offerings. Initially established as GreenAngel Energy Corp., the company rebranded to TIMIA Capital Corp. in September 2015.
PocketHealth
Series B in 2024
PocketHealth is a cloud-sharing platform based in Toronto, Ontario, that facilitates the electronic sharing of medical imaging records between providers and patients. Founded in 2016, the platform allows patients to access their imaging results shortly after their scans and securely share this information with healthcare professionals, regardless of whether they are part of the PocketHealth network. By establishing a seamless and secure infrastructure, PocketHealth enhances the way sensitive medical imaging information is exchanged, improving accessibility and efficiency in patient care.
KOHO Financial is a Toronto-based company founded in 2014 that offers an application-based banking platform designed to simplify financial management for users. The platform facilitates day-to-day banking operations while providing a range of tools, including goal setting, cash flow projections, group spending features, and detailed spending insights. These resources enable users to effectively manage their expenses and banking activities from their mobile devices, enhancing their overall financial management experience.
Alvéole is a Montreal-based company founded in 2011 that specializes in installing and maintaining beehives at businesses and schools. The company aims to assist organizations in achieving their sustainability goals by transforming urban spaces into environments conducive to bees, including honey bee hives, pollinator habitats, and bee-friendly gardens. In addition to its beekeeping services, Alvéole produces and sells honey, soap bars, lip balms, and food wraps. The company also provides educational resources focused on beekeeping and biodiversity, offering essential equipment and technical support to both novice and experienced beekeepers. Through its initiatives, Alvéole promotes environmental stewardship and enhances urban biodiversity.
ChainSafe Systems
Series A in 2022
ChainSafe is a blockchain R&D firm, specializing in protocol engineering, cross-chain interoperability & web3 gaming. Our mission is to enable the world's systems to run on decentralized infrastructure. We take a multi-chain perspective with blockchain engineering experience that spans timezones, cultures, use cases, and protocols. Chainsafe was established in May, 2017 in Toronto, Ontario.
KOHO Financial is a Toronto-based company founded in 2014 that offers an application-based banking platform designed to simplify financial management for users. The platform facilitates day-to-day banking operations while providing a range of tools, including goal setting, cash flow projections, group spending features, and detailed spending insights. These resources enable users to effectively manage their expenses and banking activities from their mobile devices, enhancing their overall financial management experience.
Avanti Software
Venture Round in 2022
Avanti Software operates as a staffing and payroll management firm, catering primarily to mid-sized organizations in Canada across various sectors, including healthcare, handicraft, commercial, and education. The company specializes in temporary employment, direct recruitment, headhunting, project and interim management, as well as customized staff deployment. In addition to staffing services, Avanti provides workforce management solutions, talent acquisition, and human resources support, all aimed at reducing errors and improving the overall employee experience. Through its comprehensive services, Avanti addresses the diverse needs of its clients, facilitating effective workforce management.
Bold Commerce
Series B in 2021
Bold Commerce Inc. is a software development company based in Winnipeg, Canada, specializing in e-commerce solutions for a diverse range of brands. Established in 2012, the company initially focused on app development and has since evolved to address the complexities of the modern retail landscape, particularly the checkout experience. Bold Commerce offers a suite of tools designed to meet essential merchant needs, including subscriptions, automation, wholesale and B2B solutions, integrations, and digital merchandising. The company's flagship Checkout Experience Suite provides a customizable, high-converting headless checkout system that incorporates built-in subscriptions and pricing capabilities. This innovative approach helps retailers, such as Vera Bradley and Staples Canada, enhance their checkout conversion rates and adapt to changing shopper expectations, enabling seamless transactions across various channels.
Sourced Group
Venture Round in 2020
Sourced Group is a global cloud consultancy that helps enterprises make the most of cloud services with a focus on security, governance, and compliance. With offices in Australia, Canada, and Singapore, the company provides professional services for securing, migrating, and managing the cloud infrastructure of large enterprise customers. It specializes in configuration management, automation, cloud computing, and data management for a wide range of industries, including financial services, media, transport, and telecommunications companies.
LifeSpeak
Private Equity Round in 2020
LifeSpeak Inc. is a Toronto-based company that specializes in providing a digital education platform focused on employee mental health and wellness. Established in 2004, the company offers a variety of resources, including video training sessions, podcasts, and tip sheets, addressing topics such as mental health, stress management, resilience, relationships, and professional development. LifeSpeak serves a diverse clientele, including financial institutions, technology firms, telecommunications, energy companies, manufacturing sectors, government agencies, hospitals, and educational institutions. The platform operates on a software-as-a-service model, generating revenue primarily through subscription fees for its extensive library of easily accessible content. LifeSpeak aims to support organizations in promoting employee wellbeing on a global scale, with a significant portion of its revenue coming from the Canadian market.
FieldChat
Seed Round in 2020
FieldChat Inc. develops construction communication software tailored for general contractors, subcontractors, and project owners. Founded in 2018 and based in Toronto, Canada, the company focuses on enhancing communication on job sites by transforming traditional texting into organized, searchable conversations. Its platform facilitates two-way instant messaging, data collection through QR codes and SMS, and integrates seamlessly with existing construction management software. Key features include group chats, site broadcast channels, and activity logs, which help teams coordinate effectively, notify members of unexpected site conditions, and streamline problem-solving. By centralizing job site communication, FieldChat aims to improve collaboration and efficiency among construction teams.
Sourced Group
Venture Round in 2019
Sourced Group is a global cloud consultancy that helps enterprises make the most of cloud services with a focus on security, governance, and compliance. With offices in Australia, Canada, and Singapore, the company provides professional services for securing, migrating, and managing the cloud infrastructure of large enterprise customers. It specializes in configuration management, automation, cloud computing, and data management for a wide range of industries, including financial services, media, transport, and telecommunications companies.
Damon Motors
Seed Round in 2019
Damon Motors Inc. is a technology company focused on revolutionizing motorcycle safety and urban mobility. Founded in 2017 and headquartered in Vancouver, Canada, with additional offices in San Rafael, California, the company develops advanced safety systems for motorcycles, including its 360º Advanced Warning System, which utilizes innovations in sensor fusion, robotics, and artificial intelligence to enhance rider awareness. Damon Motors is recognized for its groundbreaking electric powertrain, HyperDrive, and innovative features such as CoPilot and Shift, which appeal to a new generation of riders. By integrating cutting-edge technology into its designs, Damon is committed to setting new standards in motorcycle safety and sustainability, gaining rapid market acceptance both in the United States and internationally.
Bold Commerce
Series A in 2019
Bold Commerce Inc. is a software development company based in Winnipeg, Canada, specializing in e-commerce solutions for a diverse range of brands. Established in 2012, the company initially focused on app development and has since evolved to address the complexities of the modern retail landscape, particularly the checkout experience. Bold Commerce offers a suite of tools designed to meet essential merchant needs, including subscriptions, automation, wholesale and B2B solutions, integrations, and digital merchandising. The company's flagship Checkout Experience Suite provides a customizable, high-converting headless checkout system that incorporates built-in subscriptions and pricing capabilities. This innovative approach helps retailers, such as Vera Bradley and Staples Canada, enhance their checkout conversion rates and adapt to changing shopper expectations, enabling seamless transactions across various channels.
Damon Motors
Convertible Note in 2018
Damon Motors Inc. is a technology company focused on revolutionizing motorcycle safety and urban mobility. Founded in 2017 and headquartered in Vancouver, Canada, with additional offices in San Rafael, California, the company develops advanced safety systems for motorcycles, including its 360º Advanced Warning System, which utilizes innovations in sensor fusion, robotics, and artificial intelligence to enhance rider awareness. Damon Motors is recognized for its groundbreaking electric powertrain, HyperDrive, and innovative features such as CoPilot and Shift, which appeal to a new generation of riders. By integrating cutting-edge technology into its designs, Damon is committed to setting new standards in motorcycle safety and sustainability, gaining rapid market acceptance both in the United States and internationally.
Kooltra Ltd. is a technology company based in Toronto, Canada, that develops and operates an enterprise platform designed for foreign exchange brokerages. Founded in 2012, Kooltra's platform facilitates the digitization and automation of post-trade operations, allowing financial institutions to streamline processes, enhance customer engagement, and improve security. The company's software provides a comprehensive suite of features, including cash management, customer relationship management, transaction processing, risk management, and business intelligence. By offering these tools, Kooltra enables businesses in the foreign exchange sector to optimize their operations and reduce the potential for human error.
Statflo Inc. is a technology company that specializes in a one-to-one business text messaging platform designed for customer-facing teams, primarily in the retail sector. Founded in 2012 and headquartered in Toronto, Canada, with an additional office in San Francisco, Statflo's platform utilizes data and analytics to enhance customer engagement and loyalty. By integrating with point-of-sale systems, it enables retailers to effectively communicate with past customers, helping to turn idle time into productive interactions. The platform offers features such as real-time dashboard reporting, monthly commissions data, NPS surveys via SMS, and secure data storage. Customers using Statflo have reported significant increases in sales, in-store appointments, and customer lifetime value within a short time frame.
Affinio Inc is a marketing intelligence platform based in Halifax, Canada, that utilizes the interest graph to gain insights into consumer behavior. The company provides a Data Science as a Service platform designed to analyze and visualize extensive consumer datasets, allowing users to discover audience segments and understand cultural influences. Affinio's technology employs machine learning and a graph engine to identify natural interest clusters within audiences, revealing insights about consumer affinities, behaviors, and preferences. This information aids brands, agencies, media companies, and publishers in developing effective marketing strategies. Their platform supports various areas, including audience analysis, influencer identification, content strategy, and competitive research. Since its incorporation in 2011 and subsequent rebranding in 2013, Affinio has established itself as a powerful tool for both startups and Fortune 500 companies seeking to engage with the silent majority of social media users who do not actively participate in conversations but are still connected through shared interests.
Hubdoc Inc. is a technology company based in Toronto, Canada, that specializes in automating the collection and processing of financial documents for small and medium-sized businesses, as well as accountants and bookkeepers. Founded in 2011, Hubdoc offers a mobile application that allows users to capture financial documents, such as receipts, bills, and invoices, by taking photos or uploading files. The application utilizes cloud computing and machine learning to convert these documents into organized, usable data, streamlining financial reporting, reconciliation, and audit processes. By simplifying document management, Hubdoc enables businesses to focus more on their operations and less on administrative tasks. The company became a subsidiary of Xero Limited in August 2018.
TouchBistro
Series B in 2016
TouchBistro, Inc. develops an iPad-based point of sale (POS) solution tailored for restaurants, cafes, bars, and food trucks. Founded in 2010 and headquartered in New York with an additional office in Toronto, the company offers various POS systems, including those specifically designed for food trucks, bars, and coffee shops. These systems enable efficient order management by allowing servers to take orders and submit them directly to the kitchen without returning to a terminal, thereby reducing errors and enhancing service speed. TouchBistro also provides features such as a reservation management platform, cloud reporting and analytics, and customer-facing displays, all aimed at improving the dining experience and operational efficiency. The software is available through the Apple App Store in the United States and internationally, making it accessible for a wide range of food and drink venues.
Statflo
Seed Round in 2016
Statflo Inc. is a technology company that specializes in a one-to-one business text messaging platform designed for customer-facing teams, primarily in the retail sector. Founded in 2012 and headquartered in Toronto, Canada, with an additional office in San Francisco, Statflo's platform utilizes data and analytics to enhance customer engagement and loyalty. By integrating with point-of-sale systems, it enables retailers to effectively communicate with past customers, helping to turn idle time into productive interactions. The platform offers features such as real-time dashboard reporting, monthly commissions data, NPS surveys via SMS, and secure data storage. Customers using Statflo have reported significant increases in sales, in-store appointments, and customer lifetime value within a short time frame.
Limelight Platform
Seed Round in 2016
Limelight Platform, Inc. operates a software-as-a-service (SaaS) platform that facilitates the creation of automated, data-driven live marketing campaigns. The platform includes tools for live strategy, activation, consumer communication, social amplification, and real-time data analysis, enabling businesses to effectively manage their live marketing programs. Limelight Platform offers a range of solutions tailored for various marketing needs, including mall tours, contests, surveys, events, experiential marketing, in-store experiences, kiosks, sampling, sponsorships, and test drives. Founded in 2014 by Jonah Midanik and Russ Armstrong, the company is headquartered in Toronto, Canada.
Aislelabs
Seed Round in 2014
Aislelabs Inc. is a technology company that provides an intelligent cloud platform designed to enhance in-store marketing for retailers. Based in Toronto, Canada, Aislelabs offers a range of solutions that enable businesses to gain insights into consumer behavior both inside and outside their physical locations. Their flagship products include Aislelabs Flow, which delivers actionable analytics and visualizations of customer interactions, and Aislelabs Pass, which leverages indoor location and behavioral data to target shoppers effectively. Additionally, Aislelabs Engage facilitates personalized marketing through real-time notifications based on individual shopper profiles and store traffic patterns. The company's technology helps retailers of all sizes, including boutique shops, restaurants, and large retail chains, to optimize operations, increase sales, and enhance customer satisfaction by fostering meaningful relationships with their clientele. Founded in 2013, Aislelabs continues to innovate in the realm of big data analytics for the retail sector.
Belgravia Hartford Capital
Belgravia Hartford is an investment holding company that focuses on business services, including business incubation, investments, and management. The company engages primarily in the resources and commodities sector, investing in both private and public companies. Its incubation division supports the growth of startup businesses, particularly in mining, resources, and technology, by providing critical funding. Additionally, Belgravia Hartford offers merchant banking services and manages royalty streams from past projects, including a notable potash initiative. The company's operations are concentrated in Canada, and its revenue model is derived from royalties and management fees associated with its investment activities.