GrowthWorks Capital

In 1992 was created GrowthWorks Capital, which is appeared as VC. The main office of represented VC is situated in the Vancouver. The fund was located in North America if to be more exact in Canada.

Moreover, a startup needs to be at the age of 6-10 years to get the investment from the fund. Among the most popular portfolio startups of the fund, we may highlight Celator Pharmaceuticals, OneChip Photonics, CELLFOR. The fund has exact preference in a number of founders of portfolio startups. If startup sums 4 or 5+ of the founder, the chance for it to be financed is low. For fund there is a match between the country of its foundation and the country of its the most frequent investments - Canada. We can highlight the next thriving fund investment areas, such as Manufacturing, Health Care.

The current fund was established by David Levi. Besides them, we counted 2 critical employees of this fund in our database.

The important activity for fund was in 2006. The fund is constantly included in 2-6 deals per year. The usual things for fund are deals in the range of 10 - 50 millions dollars. The higher amount of exits for fund were in 2009. Considering the real fund results, this VC is 4 percentage points less often commits exit comparing to other organizations. Opposing the other organizations, this GrowthWorks Capital works on 3 percentage points more the average amount of lead investments.

The standard case for the fund is to invest in rounds with 3-4 partakers. Despite the GrowthWorks Capital, startups are often financed by Business Development Bank of Canada, Ventures West, VenGrowth Asset Management. The meaningful sponsors for the fund in investment in the same round are VenGrowth Asset Management, OVP Venture Partners, Canadian Medical Discoveries Fund. In the next rounds fund is usually obtained by Yaletown Partners, Business Development Bank of Canada, Ventures West.

Notable deals

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