Many team members at Unicorn Nest are Ukrainians affected by Russian aggression. We do our best to solve any issues and answer your questions in the shortest possible time frames but some delays are possible.

BEST Funds

Founders John Richardson

Overview

Investments

Unlock datapoints

Portfolio analytics

Team

News & Media

Add fund to favorites
info
Save this fund for later to form your own custom list of funds
This summary is composed by our algorithm based on the analysis of the deals. If you think that some of this information is not accurate, please let us know about it and provide any supporting evidences if possible. Such cases will be analyzed by our ML-algorithm and implemented in our database, which will improve this summary.

Need help with fundraising?

We offer an assisted fundraising option for startups

Learn more
Total investments 70
Average round size
info
The average size of a deal this fund participated in
$1M
Portfolio companies 67
Rounds per year 2.59
Lead investments 2
Follow on index
info
How often the fund supports its portfolio startups at next rounds
0.04
Exits 38
Key employees Soon
Stages of investment
Early Stage Venture

Areas of investment

  • Software
  • Information Technology
  • Internet
  • Financial Services
  • E-Commerce
Summary

In 1996 was created BEST Funds, which is appeared as VC. The main office of represented VC is situated in the Toronto. The company was established in North America in Canada.

Among the various public portfolio startups of the fund, we may underline Dejero Labs, ERMS Corporation, TeamBuy The fund has no specific favorite in a number of founders of portfolio startups. When startup sums 4 or 5+ of the founder, the probability for it to get the investment is little. Moreover, a startup needs to be at the age of 6-10 years to get the investment from the fund. For fund there is a match between the country of its foundation and the country of its the most frequent investments - Canada. Among the most popular fund investment industries, there are Internet, Software.

The standard case for the fund is to invest in rounds with 1-2 partakers. Despite the BEST Funds, startups are often financed by TTV Capital, Second City Capital, RoyNat Capital. The meaningful sponsors for the fund in investment in the same round are RoyNat Capital, Covington Capital, BDC Venture Capital. In the next rounds fund is usually obtained by VenGrowth Asset Management, Newbury Ventures, BDC Venture Capital.

The current fund was established by John Richardson.

The fund is generally included in less than 2 deals every year. The usual things for fund are deals in the range of 5 - 10 millions dollars. This BEST Funds works on 28 percentage points more the average amount of lead investments comparing to the other organizations. The increased amount of exits for fund were in 2017. Considering the real fund results, this VC is 22 percentage points more often commits exit comparing to other organizations. The important activity for fund was in 2013.

Read more

Funds with similar focus

Funds from Canada
Funds with similar focus located in Canada:
Funds with the same geo focus
Funds with similar geography of portfolio companies:
Funds doing lead investments
Funds with similar focus acting as lead investors:

Notable deals

CompanyIndustryRound SizeDateInvestorsLocation

Perch

Financial Services
Internet
Real Estate
$3M18 Oct 2022 Toronto, Ontario, Canada

Perch

Analytics
Financial Services
FinTech
$4M17 Oct 2022 Toronto, Ontario, Canada

Broadcasting
Internet
Social Media
Video
$4M16 Nov 2015 Pickering, Ontario, Canada

GroupBy

Big Data
E-Commerce
Search Engine
Software
$3M20 Jul 2015 Old Toronto, Ontario, Canada

ERMS Corporation

Computer
Information Technology
Software
$3M12 Sep 2013 Old Toronto, Ontario, Canada

TeamBuy

Coupons
E-Commerce
Shopping
$5M28 Aug 2013 Canada, Ontario

Hatsize Learning

E-Learning
Information Technology
Software
Virtualization
$5M30 Nov 2010 Calgary, Canada

DisclosureNet Inc.

Financial Services
Internet
Management Consulting
Software
$3M13 May 2010 Canada, Ontario

Digital Media
Information Technology
Robotics
Software
$6M23 Oct 2007 (Old) Ottawa, Ontario, Canada

Review

  • No reviews are submitted yet.
Do you want more?
We provide dozens of additional datapoints about this fund.
Sign up and get access to full fund profile and advanced analysis.
Full team
Industries heatmap
Stages heatmap
Georgaphy breakdown
Coinvestors
Portfolio analysis
Performance indexes
Latest highlights
Unlock all data
Do you represent BEST Funds?
Get access to manage this page
Get in touch
Found incorrect info? Let us know!
Total investments 70
Average round size 1M
Rounds per year 2.59
Peak activity year 1996
Lead investments 2
Follow on index 0.04
Exits 38
Group Appearance index 0.27

Latest deals

CompanyIndustryRound SizeDateInvestorsLocation

Perch

Financial Services
Internet
Real Estate
$3M18 Oct 2022 Toronto, Ontario, Canada

Perch

Analytics
Financial Services
FinTech
$4M17 Oct 2022 Toronto, Ontario, Canada

Broadcasting
Internet
Social Media
Video
$4M16 Nov 2015 Pickering, Ontario, Canada

GroupBy

Big Data
E-Commerce
Search Engine
Software
$3M20 Jul 2015 Old Toronto, Ontario, Canada

ERMS Corporation

Computer
Information Technology
Software
$3M12 Sep 2013 Old Toronto, Ontario, Canada

TeamBuy

Coupons
E-Commerce
Shopping
$5M28 Aug 2013 Canada, Ontario

Hatsize Learning

E-Learning
Information Technology
Software
Virtualization
$5M30 Nov 2010 Calgary, Canada

DisclosureNet Inc.

Financial Services
Internet
Management Consulting
Software
$3M13 May 2010 Canada, Ontario

Digital Media
Information Technology
Robotics
Software
$6M23 Oct 2007 (Old) Ottawa, Ontario, Canada
Crunchbase icon

Content report

The following text will be sent to our editors: