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TELUS Ventures

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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.

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Total investments 162
Average round size
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The average size of a deal this fund participated in
$13M
Portfolio companies 93
Rounds per year 7.04
Lead investments 30
Follow on index
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How often the fund supports its portfolio startups at next rounds
0.43
Exits 27
Key employees 6
Stages of investment
Early Stage Venture
Late Stage Venture
Seed

Areas of investment

  • Software
  • Information Technology
  • Health Care
  • Telecommunications
  • Mobile
Summary

In 2001 was created TELUS Ventures, which is appeared as VC. The fund was located in North America if to be more exact in Canada. TELUS Ventures seemed to be an CVC arrangement as part of the organization. The main office of represented VC is situated in the Vancouver.

Among the most popular portfolio startups of the fund, we may highlight Lavastorm, sentitO Networks, AppNeta. For fund there is no match between the location of its establishment and the land of its numerous investments - United States. Among the most popular fund investment industries, there are Wireless, Internet. Besides, a startup requires to be at the age of 6-10 years to receive the investment from the fund. The fund has no specific favorite in a number of founders of portfolio startups. If startup sums 5+ of the founder, the chance for it to be financed is low.

The standard case for the fund is to invest in rounds with 2-3 partakers. Despite the TELUS Ventures, startups are often financed by Skypoint Capital, Partech, Intel Capital. The meaningful sponsors for the fund in investment in the same round are Qualcomm Ventures, Technology Venture Partners, Sequoia Capital. In the next rounds fund is usually obtained by Matrix Partners, Technology Venture Partners, Qualcomm Ventures.

When the investment is from TELUS Ventures the average startup value is 1-5 millions dollars. This TELUS Ventures works on 11 percentage points less the average amount of lead investments comparing to the other organizations. The high activity for fund was in 2003. Despite it in 2019 the fund had an activity. The higher amount of exits for fund were in 2018. Speaking about the real fund results, this VC is 8 percentage points less often commits exit comparing to other organizations. The fund is generally included in 2-6 deals every year. Deals in the range of 10 - 50 millions dollars are the general things for fund.

Besides them, we counted 6 critical employees of this fund in our database.

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Related Funds

Funds investing in previous rounds
These funds often invest in the rounds preceeding the rounds of TELUS Ventures:
Typical Co-investors
TELUS Ventures is more likely to invest in rounds together with the following funds:
Funds investing in following rounds
These funds have a tendency to invest in the following rounds after TELUS Ventures:

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:

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Notable deals

CompanyIndustryRound SizeDateInvestorsLocation

Acorn Cryotech

Health Care
Medical
$8M03 Jun 2024 Waterloo, Ontario, Canada

KODE LABS

Internet of Things
Smart Building
$30M15 Apr 2024 Dover, Delaware, United States

Clinia

Health Care
Health Insurance
mHealth
Software
$7M11 Jan 2024 Montréal, Quebec, Canada

Virtuo

Information Technology
Internet
Real Estate
Rental
Transportation
$2M05 Dec 2023 Calgary, Canada

Sweepr

Computer
Electronics
Home Services
Information Technology
Internet of Things
Software
$4M16 Nov 2023 Dublin, County Dublin, Ireland

ChrysaLabs

Agriculture
Information Technology
$11M10 May 2023 Montreal, Quebec, Canada

Car IQ

Automotive
Financial Services
FinTech
$15M07 Feb 2023 San Francisco, California, United States

Trexity

Mobile
Shipping
Software
$3M25 May 2022 Ottawa, Ontario, Canada

Sense

Consumer Electronics
GreenTech
Hardware
Internet of Things
Smart Home
Software
Speech Recognition
$127M27 Apr 2022 Cambridge, Massachusetts, United States
News
Car IQ Raises $15M in Series B Funding

– Car IQ from Oakland develops a payment solution for fleet vehicles.
– Series B $15m round was led by Forté Ventures with participation from Ally Ventures, BlackBerry Limited, State Farm Ventures, and TELUS Ventures.
– The new investment will be used to expand the company’s business reach.

Rise Gardens grows with $9M Series A to help anyone be an indoor farmer

– Rise Gardens, an indoor, smart hydroponic company, raised $9m in Series A funding.
– The round was led by TELUS Ventures and joined by True Ventures, Amazon Alexa Fund, and Listen Ventures.
– The company has a total of $13m in venture-backed investments since Rise was founded in 2017.

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Total investments 162
Average round size 13M
Rounds per year 7.04
Peak activity year 2021
Lead investments 30
Follow on index 0.43
Exits 27
Group Appearance index 0.56

Latest deals

CompanyIndustryRound SizeDateInvestorsLocation

Acorn Cryotech

Health Care
Medical
$8M03 Jun 2024 Waterloo, Ontario, Canada

KODE LABS

Internet of Things
Smart Building
$30M15 Apr 2024 Dover, Delaware, United States

Clinia

Health Care
Health Insurance
mHealth
Software
$7M11 Jan 2024 Montréal, Quebec, Canada

Virtuo

Information Technology
Internet
Real Estate
Rental
Transportation
$2M05 Dec 2023 Calgary, Canada

Sweepr

Computer
Electronics
Home Services
Information Technology
Internet of Things
Software
$4M16 Nov 2023 Dublin, County Dublin, Ireland

ChrysaLabs

Agriculture
Information Technology
$11M10 May 2023 Montreal, Quebec, Canada

Car IQ

Automotive
Financial Services
FinTech
$15M07 Feb 2023 San Francisco, California, United States

Trexity

Mobile
Shipping
Software
$3M25 May 2022 Ottawa, Ontario, Canada

Sense

Consumer Electronics
GreenTech
Hardware
Internet of Things
Smart Home
Software
Speech Recognition
$127M27 Apr 2022 Cambridge, Massachusetts, United States
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