Flow Capital
47 Colborne St, Suite 303, Toronto, ON, M5E 1P8, Canada
Overview
Flow Capital Corp. is a diversified alternative asset investor and advisor that provides flexible growth capital and alternative debt solutions to emerging growth businesses. The company specializes in providing minimally dilutive capital to high-growth companies. On Oct. 23, 2023 Flow Capital announced it closed a US$2.5M investment in a women-led software and data company operating in the civic technology space. Flow said the funds will be used to bolster the investee's platform and data capabilities, capitalize on growth opportunities, and further advance the civic technology sector. The company is publicly listed (TSXV:FW) and is based in Toronto, Ontario. The press release included forward-looking statements outlining assumptions and risks related to future performance and financing. Flow Capital is a diversified alternative asset investor and advisor that provides flexible growth capital and alternative debt solutions, specializing in minimally dilutive capital to emerging growth businesses. The company announced it has closed an investment in a VC‑backed, woman‑led B2C company in the sleep wellness space; the investee is not named and financial terms were not disclosed. CEO Alex Baluta said the investment reflects belief in the investee’s product potential and an intention to align with the founder and team. Flow Capital is listed on the TSX Venture Exchange (TSXV:FW) and positions itself as a provider of alternative debt and growth capital. The press release emphasizes forward‑looking statements and risks typical for an investor of its profile. Novation Enterprises builds critical internet and telecommunications infrastructure, including 5G wireless and fiber optic networks. The Washington D.C. area company is veteran-owned and veteran-operated and works in partnership with national carriers and infrastructure companies. Novation recruits, certifies, and deploys transitioning military and under-employed veterans into the civilian workforce that is building next-generation telecommunications infrastructure. Leadership, including CEO P. Kelley Dunne, frames the company to participate in national investment in 5G, fiber, and IoT applications over the next five years. Novation presents its workforce strategy as both a business model and a social mission—providing veterans with careers while helping deploy critical infrastructure needed for economic recovery. CEO P. Kelley Dunne is also Chairman & Co-Founder of Warriors4Wireless.org, a connection referenced in the announcement.
- Total raised
- $3M
- Funding rounds
- 2
- Latest round
- Equity
- Latest activity
- Oct 2023
Industries
- Financial Services
- FinTech
Recent funding
Equity
Oct 2023
$3M
Team
Josh Axler
Managing Director, Originations
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