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Ontario Centres of Excellence

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Investments

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Total investments 467
Average round size
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The average size of a deal this fund participated in
$162K
Portfolio companies 415
Rounds per year 12.62
Lead investments 2
Follow on index
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How often the fund supports its portfolio startups at next rounds
0.11
Exits 37
Key employees 6
Stages of investment
Early Stage Venture
Seed

Areas of investment

  • Software
  • Health Care
  • Information Technology
  • Artificial Intelligence
  • Medical
Summary

In 1987 was created Ontario Centres of Excellence, which is appeared as VC. The main office of represented VC is situated in the Toronto. The fund was located in North America if to be more exact in Canada.

The top activity for fund was in 2017. Despite it in 2019 the fund had an activity. Deals in the range of 100 thousands - 1 million dollars are the general things for fund. The fund is constantly included in 2-6 investment rounds annually. The real fund results show that this VC is 8 percentage points less often commits exit comparing to other companies. The top amount of exits for fund were in 2020. This Ontario Centres of Excellence works on 18 percentage points less the average amount of lead investments comparing to the other organizations.

The overall number of key employees were 6.

The typical case for the fund is to invest in rounds with 2-3 participants. Despite the Ontario Centres of Excellence, startups are often financed by MaRS Investment Accelerator Fund, Velocity, Natural Sciences and Engineering Research Council of Canada (NSERC). The meaningful sponsors for the fund in investment in the same round are MaRS Investment Accelerator Fund, Natural Sciences and Engineering Research Council of Canada (NSERC), BDC Venture Capital. In the next rounds fund is usually obtained by Natural Sciences and Engineering Research Council of Canada (NSERC), BDC Venture Capital, SOSV.

The fund has exact preference in some founders of portfolio startups. In case when startup counts 4 or 5+ of the founder, the chance for it to get the investment is meager. Among the various public portfolio startups of the fund, we may underline MedStack, gShift, Distil Interactive Besides, a startup requires to be at the age of 2-3 years to receive 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 successful fund investment fields, there are Big Data, Software.

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Notable deals

CompanyIndustryRound SizeDateInvestorsLocation

Novel Biotechnology

Biotechnology
Life Science
$2M27 Sep 2023 -

Uride

Mobile Apps
Real Time
Ride Sharing
Transportation
04 Jul 2023 Thunder Bay, Ontario, Canada

SoulRooms

Real Estate
$1M25 Feb 2021 Old Toronto, Ontario, Canada

Hopeful Inc.

Analytics
Artificial Intelligence
Big Data
Machine Learning
Non Profit
Predictive Analytics
$198K10 Oct 2020 Old Toronto, Ontario, Canada

SWTCH

Automotive
Clean Energy
CleanTech
Electric Vehicle
Energy Management
Software
$874K26 Aug 2020 Old Toronto, Ontario, Canada

Coldblock

$1M12 May 2020 Kentucky, United States

Mavennet

Blockchain
Financial Services
Information Technology
01 Jan 2020 Old Toronto, Ontario, Canada

Cheelcare

Health Care
Medical Device
Personal Health
Robotics
Software Engineering
$492K15 Dec 2019 Richmond Hill, Ontario, Canada

NURO CORP.

Biotechnology
Human Computer Interaction
Medical
Neuroscience
$99K06 Nov 2019 Waterloo, Ontario, Canada

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Total investments 467
Average round size 162K
Rounds per year 12.62
Peak activity year 2016
Lead investments 2
Follow on index 0.11
Exits 37
Group Appearance index 0.24

Latest deals

CompanyIndustryRound SizeDateInvestorsLocation

Novel Biotechnology

Biotechnology
Life Science
$2M27 Sep 2023 -

Uride

Mobile Apps
Real Time
Ride Sharing
Transportation
04 Jul 2023 Thunder Bay, Ontario, Canada

SoulRooms

Real Estate
$1M25 Feb 2021 Old Toronto, Ontario, Canada

Hopeful Inc.

Analytics
Artificial Intelligence
Big Data
Machine Learning
Non Profit
Predictive Analytics
$198K10 Oct 2020 Old Toronto, Ontario, Canada

SWTCH

Automotive
Clean Energy
CleanTech
Electric Vehicle
Energy Management
Software
$874K26 Aug 2020 Old Toronto, Ontario, Canada

Coldblock

$1M12 May 2020 Kentucky, United States

Mavennet

Blockchain
Financial Services
Information Technology
01 Jan 2020 Old Toronto, Ontario, Canada

Cheelcare

Health Care
Medical Device
Personal Health
Robotics
Software Engineering
$492K15 Dec 2019 Richmond Hill, Ontario, Canada

NURO CORP.

Biotechnology
Human Computer Interaction
Medical
Neuroscience
$99K06 Nov 2019 Waterloo, Ontario, Canada
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