
BDC Venture Capital
Investor - Venture Capital
Overview
BDC Venture Capital invests in technology companies in Canada. They are a committed investment partner who initially look to invest between $250k and $3m.
Country: Canada
Founded: 1944
Headquarters: 5, Place Ville Marie, Suite 400 Montreal, Quebec H3B 5E7
1‑877‑232‑2269
Investment Strategy
Geography
- North America
Sector Focus
- Payments and Remittances
- Infrastructure and Enterprise Software
- Data and Analytics
Investment Stage
- Seed
- Early Stage Venture
- Series A
- Series B
- Series C
Summary
BDC are Canada’s business development bank and the only financial institution dedicated exclusively to entrepreneurs. BDC Venture Capital are committed to building outstanding companies by providing, sound business advice and smart money. The firm have more than $1bn under management and almost 30 years of experience. BDC Venture Capital invest directly in emerging Canadian IT companies via its BDC Capital IT Venture Fund.
BDC Venture Capital look to invest in companies who display the following qualities:
- A distinct, sustainable competitive advantage.
- A technological platform with broader applications than a single product or market.
- A higly skilled and committed management team.
- A clearly defined and realistic business plan.
- A market opportunity to support fast and long-term growth.
Investments
Date
Name
Size
Round
Co-Investors
Sector
Country

Wave
Series C
The Social+Capital Partnership
Infrastructure & Enterprise Software
Canada

Wave
Series C
CRV
Infrastructure & Enterprise Software
Canada

Tacit Innovations
Seed
Canrock
Payments & Remittances
Canada

Hubdoc
Infrastructure & Enterprise Software
Canada

Canopy Labs
Seed
Valar Ventures
Data & Analytics
Canada
Funds Raised
Vintage
Fund Name
Amount
IT Venture Fund II
$150m
Key Employees

Robert Simmon
Senior Managing Partner (IT Venture Fund)

Ron Warburton
Managing Partner (IT Venture Fund)

Peter Misek
Partner (IT Venture Fund)

Steven Abrams
Partner (IT Venture Fund)

Andrew Lugsdin
Partner (IT Venture Fund)