BDC IT Venture Fund
Overview
The BDC IT Venture Fund, established in 2011, is a Canadian venture capital fund dedicated to supporting early-stage software companies with high growth potential. The fund focuses on innovative Canadian companies developing software solutions, including enterprise software as a service (SaaS), analytics, security, and e-commerce infrastructure. With a fund size of $300 million, it has backed over 46 companies, with 70% of its investments in enterprise software. The fund's investment strategy involves nurturing early opportunities, supporting high-growth software companies, and forging global connections. It typically leads investments in Series A or B rounds, with initial investments ranging from $2 million to $5 million, and up to $15 million invested over the life of the company. The fund's team comprises partners based in Montreal, Ottawa, Toronto, Vancouver, and San Francisco, all with extensive operating experience in the software space. Notable investments include Radian6 (acquired by Salesforce), Q1 Labs (acquired by IBM), and Layer 7 (acquired by CA).
Investment Focus
- Innovative Canadian companies developing software solutions
- Enterprise software as a service (SaaS)
- Analytics
- Security
- E-commerce infrastructure
Portfolio Companies
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Unlock full contacts →Frequently asked questions about BDC IT Venture Fund
What sectors does BDC IT Venture Fund invest in?
BDC IT Venture Fund invests in Software, SaaS, Enterprise Software, Analytics, Security and E-commerce Infrastructure, and is based in Toronto, Canada. BDC IT Venture Fund is listed as a venture capital in the ConnectSafely investor database.
What stage does BDC IT Venture Fund invest at?
BDC IT Venture Fund backs companies at Early Stage, Series A and Series B, writing cheques of 2M - 15M.
Which regions does BDC IT Venture Fund invest in?
BDC IT Venture Fund invests across Canada.
What companies has BDC IT Venture Fund invested in?
BDC IT Venture Fund's portfolio includes Radian6, Q1 Labs and Layer 7.
How do I contact BDC IT Venture Fund?
BDC IT Venture Fund's contact details — including phone and LinkedIn — are listed in the ConnectSafely investor database, along with its website and the LinkedIn profiles of the team.
Last updated · Source: ConnectSafely investor database
