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Canadian Business Growth Fund

North America, Ontario, Canada, Toronto

Description

Canadian Business Growth Fund helps privately-owned Canadian businesses with the capital, talent, and expertise.

Investor Profile

Canadian Business Growth Fund has backed more than 13 startups, with 2 new investments in the last 12 months alone. The firm has led 6 rounds, about 46% of its total and boasts 4 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Series Unknown, Series B, Series D rounds (top funding stages).
  • Majority of deals are located in Canada, United States.
  • Strong thematic focus on Software, Information Technology, B2B.
  • Led 1 rounds in the past year.

Stage Focus

  • Series Unknown (23%)
  • Series B (23%)
  • Series D (15%)
  • Series C (15%)
  • Private Equity (15%)
  • Series A (8%)

Country Focus

  • Canada (92%)
  • United States (8%)

Industry Focus

  • Software
  • Information Technology
  • B2b
  • Digital Marketing
  • E-commerce Platforms
  • Project Management
  • Small And Medium Businesses
  • Apps
  • Transportation
  • Travel
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Canadian Business Growth Fund frequently co-invest with?

K3 Ventures
Asia, Central Region, Singapore, Singapore
Co-Investments: 2
Lugard Road Capital
North America, New York, United States, New York
Co-Investments: 1
C-
North America, California, United States, Palo Alto
Co-Investments: 1
BMO Nesbitt Burns
North America, Ontario, Canada, Toronto
Co-Investments: 1
Business Growth Fund
Europe, England, United Kingdom, London
Co-Investments: 2
Business Development Bank of Canada
North America, Quebec, Canada, Montréal
Co-Investments: 3
Celtic House Asia Partners
North America, California, United States, Fremont
Co-Investments: 1
Celtic House Venture Partners
North America, Ontario, Canada, Toronto
Co-Investments: 1
Export Development Canada
North America, Ontario, Canada, Ottawa
Co-Investments: 5
National Bank of Canada
North America, Alberta, Canada, Calgary
Co-Investments: 1

Which angels does Canadian Business Growth Fund often collaborate with?

Danny Zhang
North America, California, United States, San Jose
Shared Deals: 1
Julian Deutschle
South America, Chile
Shared Deals: 1
Kevin Pan
Asia, Shanghai, China, Shanghai
Shared Deals: 1

What are some of recent deals done by Canadian Business Growth Fund?

Minus Waste Solutions

Toronto, Ontario, Canada

Minus Waste Solutions is a distributed food waste solutions company.

CleanTechWaste Management
Series UnknownJul 9, 2025
Litco LSO

Phoenix, Arizona, United States

Litco LSO is a legal support organization that provides back-end operational services to law firms.

LegalService Industry
Private EquityJun 5, 2025
Amilia

Montréal, Quebec, Canada

Amilia is a recreation and member management platform that improves selling activities and memberships for organizations.

CRMSaaSSoftware
Private EquityMay 8, 2025
Amount Raised: $35,000,000
MaxSold Incorporated

Kingston, Ontario, Canada

MaxSold Incorporated is a local pickup auction marketplace specializing in estate sales, downsizing and inventory liquidation.

AuctionsOnline AuctionsShopping
Series BMar 23, 2022
Amount Raised: $21,100,000
Busbud

Montréal, Quebec, Canada

Busbud is a mobile app and platform that connects passengers to bus operators.

AppsSoftwareTransportationTravel
Series UnknownFeb 22, 2022
Amount Raised: $10,965,299
ShopperPlus

Vaudreuil, Quebec, Canada

ShopperPlus is an e-commerce platform selling office supplies, electronics, lifestyle, kitchen utensils and various other categories.

Consumer GoodsE-CommerceOffice SuppliesRetail
Series ASep 2, 2021
Amount Raised: $15,931,888
Cold Bore Technology

Calgary, Alberta, Canada

Cold Bore develops technology for fracking companies that provides transformative insight into both surface and downhole operations.

EnergyInformation TechnologyOil and Gas
Series UnknownJul 29, 2021
Amount Raised: $14,000,000
Vendasta

Saskatoon, Saskatchewan, Canada

Vendasta is an end-to-end e-commerce platform that democratizes technology for small enterprises.

B2BDigital MarketingE-Commerce PlatformsProject ManagementSmall and Medium Businesses
Series DMay 27, 2021
Amount Raised: $98,994,399
Prodigy Education

London, Ontario, Canada

Prodigy Education is a leader in game-based learning

ChildrenEducationGaming
Series BJan 12, 2021
Amount Raised: $125,121,088
Busbud

Montréal, Quebec, Canada

Busbud is a mobile app and platform that connects passengers to bus operators.

AppsSoftwareTransportationTravel
Series CSep 29, 2020
Amount Raised: $11,206,868