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BD

Business Development Bank of Canada

Venture CapitalActive

BDC is the only bank dedicated exclusively to entrepreneurs.

116
Investments
9
Exits
$3.5B
AUM
7.8%
Exit Rate

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Investment Thesis & Strategy

BDC invests in various stages of fintech companies, leveraging its unique position as a bank dedicated to entrepreneurs to provide financial support and guidance.

Investment Activity

Deals per year over the last 8 years

1
2014
1
2015
1
2016
2
2017
3
2018
1
2019
1
2020
2
2021

Portfolio Companies

Selected investments from their portfolio of 116 companies

S
Symend
Fintech · Series B, 2021
Active
B
BenchSci
Biotech · Series B, 2021
Active
A
ApplyBoard
EdTech · Series C+, 2020
Active
B
BlueDot
Healthcare · Series A, 2019
Active
H
Hopper
Transportation · Series C+, 2018
Active
D
Deep Genomics
Biotech · Series A, 2018
Active
e
eSentire
Cybersecurity · Growth, 2018
Active
I
Integrate.ai
AI/ML · Series A, 2017
Active
N
Nuvei
Fintech · Growth, 2017
Active
V
Vendasta
SaaS · Growth, 2016
Active
C
Clearpath Robotics
Robotics · Series A, 2015
Active
D
D-Wave Systems
AI/ML · Growth, 2014
Active

Notable Exits

CompanyTypeYearValue / Acquirer
PointClickCareAcquisition2021$3.5B
D2LIPO2021$1.5B
Magnet ForensicsIPO2021$1.3B
NuveiIPO2020$2B
Lightspeed CommerceIPO2020$2.7B
Vision CriticalAcquisition2019
BuildDirectAcquisition2019
Real MattersIPO2017$700M
ShopifyIPO2015$1.2B

Frequently Asked Questions

Business Development Bank of Canada focuses on Series A, Series B, Series C+ stage investments.

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