Formula Growth Limited
Overview
Established in 1960, Formula Growth Limited is an independent investment firm based in Montreal, Canada. The firm specializes in managing equity portfolios for high-net-worth individuals, family offices, and institutional investors, focusing on global equity investments. Utilizing a bottom-up, fundamental research approach, Formula Growth targets growth companies—often innovative and entrepreneur-led—that exhibit strong or recovering sales and earnings. The firm evaluates hundreds of opportunities annually to identify undervalued investments with clear catalysts and defined price targets, typically within a 1–3 year time horizon. The firm's investment strategy emphasizes uncovering high-conviction ideas in the small and mid-cap global stock markets, which are often less understood and inefficient. Formula Growth's in-house research team, with a satellite office in New York City, conducts extensive fundamental research, meeting with over 1,000 management teams annually and maintaining an internal database of thousands of companies. The firm seeks long investment positions that are overlooked or undervalued based on fundamental valuation criteria, focusing on companies with rapidly growing revenue and earnings, experiencing cyclical recovery, or undergoing restructuring to improve profitability. As a 100% employee-owned, independent boutique investment advisor, Formula Growth Limited has a long-term track record of creating investor wealth. The firm is registered with the Autorité des marchés financiers (AMF) in Quebec and the U.S. Securities and Exchange Commission (SEC), and is a signatory of the CFA Asset Manager Code and the Standards Board for Alternative Investments (SBAI). Additionally, Formula Growth is a member of the Alternative Investment Management Association (AIMA).
Investment Focus
- Accredited Investor Status
Portfolio Companies
Get the full list of 54,000+ investors
Formula Growth Limited and every other firm and angel in the database — as one spreadsheet you keep.
$19one-time payment · no subscription- All 54,000+ investors — VC firms, private equity, family offices and angels
- The key person to contact at each one, with their job title
- Their work email address
- Their phone number
- Their LinkedIn profile
- Delivered as a single .xlsx file — download it as many times as you like
Every profile on this site is one row of the file, with the contact details masked — browse a few before you buy.
Frequently asked questions about Formula Growth Limited
What sectors does Formula Growth Limited invest in?
Formula Growth Limited invests in Financial Services, Technology, Healthcare, Energy, Consumer Goods and Industrials, and is based in Montreal, Quebec, Canada. Formula Growth Limited is listed as a private investment firm in the ConnectSafely investor database.
What stage does Formula Growth Limited invest at?
Formula Growth Limited backs companies at Growth and Late Stage, writing cheques of 1M - 50M.
Which regions does Formula Growth Limited invest in?
Formula Growth Limited invests across United States, Canada and Hong Kong.
Who are the partners at Formula Growth Limited?
Team members listed for Formula Growth Limited include Randy Kelly (CEO) and James Sinclair (Portfolio Manager and Partner).
What companies has Formula Growth Limited invested in?
Formula Growth Limited's portfolio includes Apple, Microsoft, Amazon, Alphabet, Facebook, Johnson & Johnson, ExxonMobil and Procter & Gamble.
How do I contact Formula Growth Limited?
Formula Growth Limited's contact details — including phone and LinkedIn — are listed in the ConnectSafely investor database, along with its website and the LinkedIn profiles of its partners.
Last updated · Source: ConnectSafely investor database