Tandem Expansion

Summary

Tandem Expansion is the famous VC, which was founded in 2009. The company was established in North America in Canada. The main office of represented VC is situated in the Montru00e9al.

The current fund was established by Brent Belzberg, Charles Sirois.

The fund is constantly included in less than 2 investment rounds annually. Speaking about the real fund results, this VC is 38 percentage points more often commits exit comparing to other organizations. The high activity for fund was in 2012. The usual things for fund are deals in the range of 10 - 50 millions dollars. This Tandem Expansion works on 12 percentage points less the average amount of lead investments comparing to the other organizations. The increased amount of exits for fund were in 2017.

The standard case for the fund is to invest in rounds with 3-4 partakers. Despite the Tandem Expansion, startups are often financed by BDC Venture Capital, Propulsion Ventures, Fonds de solidaritu00e9 FTQ. The meaningful sponsors for the fund in investment in the same round are Fonds de solidaritu00e9 FTQ, BDC Venture Capital, iNovia Capital. In the next rounds fund is usually obtained by Investissement Quebec, Fonds de solidaritu00e9 FTQ, Wellington Financial.

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 portfolio startups of the fund, we may highlight Blueprint Software Systems, Beyond the Rack, Acquisio. The fund has no 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. Besides, a startup needs to be aged 6-10 years to get the investment from the fund. Among the most popular fund investment industries, there are Renewable Energy, Software.