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GrowthWorks

1055 West Georgia Street, Suite 2080, Vancouver, BC, V6E 3R5, Canada

Overview

Venture capital management specializing in growth-oriented companies.

Founded

1992

Deals · 12mo

0

Links

WebsiteLinkedInX (Twitter)

Stage focus

—

Geographic focus

Canada
United States

Sector focus

Financial Services
FinTech
Venture Capital

Investment portfolio

26rounds
NAMEDATESIZE
Spotta
Dec 2023Participated
$4 MOther Equity
Verold (zyenti)
Aug 2014Participated
$2 MOther Equity
Axela
Jul 2014Participated
$3 MOther Equity
Smart Skin Technologies
Jan 2014Led
$4 MSeries A
ResponseTek
Jan 2014Participated
$6 MOther Equity
BTI Systems
Feb 2013Participated
$10 MSeries C
Ambit Biosciences
Nov 2012Participated
$25 MOther Equity
D-Wave Systems
Oct 2012Participated
$30 MOther Equity
Enovex
Jan 2012Led
$1 MOther Equity
Spinzo
Jan 2012Led
$0.40 MOther Equity
MedRunner
Jan 2012Led
$0.25 MOther Equity
Celator Pharmaceuticals
Dec 2011Participated
$3 MOther Equity
Spotta
Dec 2023Participated
$4 MOther Equity
Verold (zyenti)
Aug 2014Participated
$2 MOther Equity
Axela
Jul 2014Participated
$3 MOther Equity
Smart Skin Technologies
Jan 2014Led
$4 MSeries A
ResponseTek
Jan 2014Participated
$6 MOther Equity
BTI Systems
Feb 2013Participated
$10 MSeries C
Ambit Biosciences
Nov 2012Participated
$25 MOther Equity
D-Wave Systems
Oct 2012Participated
$30 MOther Equity
Enovex
Jan 2012Led
$1 MOther Equity
Spinzo
Jan 2012Led
$0.40 MOther Equity
MedRunner
Jan 2012Led
$0.25 MOther Equity
Celator Pharmaceuticals
Dec 2011Participated
$3 MOther Equity
26
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Deal Distribution

GrowthWorks: 26 funding rounds are recorded in the selected participation categories.All available history.
GrowthWorks: 26 funding rounds are recorded in the selected participation categories. All available history
Round typeLed dealsParticipated deals
Series A21
Series B12
Series C+03
Other Equity611

Monthly Deal Activity

GrowthWorks: 26 deals are recorded across 231 months.All available history.
GrowthWorks: 26 deals are recorded across 231 months. All available history
MonthDeals
Aug '071
Sep '070
Oct '070
Nov '070
Dec '070
Jan '080
Feb '080
Mar '080
Apr '080
May '080
Jun '080
Jul '080
Aug '080
Sep '080
Oct '080
Nov '080
Dec '080
Jan '090
Feb '090
Mar '090
Apr '090
May '090
Jun '090
Jul '090
Aug '090
Sep '090
Oct '090
Nov '090
Dec '090
Jan '102
Feb '100
Mar '100
Apr '100
May '101
Jun '101
Jul '102
Aug '100
Sep '101
Oct '100
Nov '100
Dec '100
Jan '111
Feb '110
Mar '110
Apr '111
May '112
Jun '111
Jul '110
Aug '110
Sep '111
Oct '110
Nov '110
Dec '111
Jan '123
Feb '120
Mar '120
Apr '120
May '120
Jun '120
Jul '120
Aug '120
Sep '120
Oct '121
Nov '121
Dec '120
Jan '130
Feb '131
Mar '130
Apr '130
May '130
Jun '130
Jul '130
Aug '130
Sep '130
Oct '130
Nov '130
Dec '130
Jan '142
Feb '140
Mar '140
Apr '140
May '140
Jun '140
Jul '141
Aug '141
Sep '140
Oct '140
Nov '140
Dec '140
Jan '150
Feb '150
Mar '150
Apr '150
May '150
Jun '150
Jul '150
Aug '150
Sep '150
Oct '150
Nov '150
Dec '150
Jan '160
Feb '160
Mar '160
Apr '160
May '160
Jun '160
Jul '160
Aug '160
Sep '160
Oct '160
Nov '160
Dec '160
Jan '170
Feb '170
Mar '170
Apr '170
May '170
Jun '170
Jul '170
Aug '170
Sep '170
Oct '170
Nov '170
Dec '170
Jan '180
Feb '180
Mar '180
Apr '180
May '180
Jun '180
Jul '180
Aug '180
Sep '180
Oct '180
Nov '180
Dec '180
Jan '190
Feb '190
Mar '190
Apr '190
May '190
Jun '190
Jul '190
Aug '190
Sep '190
Oct '190
Nov '190
Dec '190
Jan '200
Feb '200
Mar '200
Apr '200
May '200
Jun '200
Jul '200
Aug '200
Sep '200
Oct '200
Nov '200
Dec '200
Jan '210
Feb '210
Mar '210
Apr '210
May '210
Jun '210
Jul '210
Aug '210
Sep '210
Oct '210
Nov '210
Dec '210
Jan '220
Feb '220
Mar '220
Apr '220
May '220
Jun '220
Jul '220
Aug '220
Sep '220
Oct '220
Nov '220
Dec '220
Jan '230
Feb '230
Mar '230
Apr '230
May '230
Jun '230
Jul '230
Aug '230
Sep '230
Oct '230
Nov '230
Dec '231
Jan '240
Feb '240
Mar '240
Apr '240
May '240
Jun '240
Jul '240
Aug '240
Sep '240
Oct '240
Nov '240
Dec '240
Jan '250
Feb '250
Mar '250
Apr '250
May '250
Jun '250
Jul '250
Aug '250
Sep '250
Oct '250
Nov '250
Dec '250
Jan '260
Feb '260
Mar '260
Apr '260
May '260
Jun '260
Jul '260
Aug '260
Sep '260
Oct '260

Sector Breakdown

GrowthWorks: Health & Life Sciences is the largest displayed sector by deal count (11 deals).All available history.

A deal can appear in multiple sectors, so sector totals may overlap. Capital represents disclosed total round sizes, not fund cheque sizes.

GrowthWorks: Health & Life Sciences is the largest displayed sector by deal count (11 deals). All available history
SectorDeals
Health & Life Sciences11
Enterprise Software7
Clean Energy & Sustainability4
Hardware & Robotics4
Professional Services4
Data, Analytics & IT3
Networks, Cloud & Communication3
Manufacturing3
Media & Entertainment3
Space & Frontier Tech2
Consumer & Lifestyle2
Marketing & Advertising2
Developer Tools2
Travel & Hospitality1
E-Commerce & Retail1
Cybersecurity & Privacy1
AR/VR1
Fintech1
Social & Community Platforms1

Deal Size Distribution

GrowthWorks: 26 rounds have a disclosed size in the displayed size bands.All available history.

Undisclosed round sizes are excluded. Capital represents total round sizes, not fund cheque sizes.

GrowthWorks: 26 rounds have a disclosed size in the displayed size bands. All available history
Round size band (USD)Deals
<$5M13
$5M-$10M3
$10M-$25M6
$25M-$50M4
$50M-$100M0
$100M-$250M0
$250M-$500M0
$500M-$1B0
$1B+0

Deals By Geography

GrowthWorks: Canada has the largest recorded deal count among the displayed regions (18 deals).All available history.

Top 3 of 3 regions; European countries are grouped as Europe.

GrowthWorks: Canada has the largest recorded deal count among the displayed regions (18 deals). All available history
RegionDeals
Canada18
United States6
Europe2
GrowthWorks: 20 co-investors are shown, with BDC Capital sharing 8 recorded deals.All available history.

Co-Investors

Bubble size = shared deals

Click a bubble to open that fund in a new tab.

Shows up to 20 co-investors ranked by shared deals. Deals may be shared with multiple funds, so rows overlap. Capital is total round size, not fund cheque size.

GrowthWorks: 20 co-investors are shown, with BDC Capital sharing 8 recorded deals. All available history
Co-investorShared deals
BDC Capital8
Ventures West4
Domain Associates3
Quaker Partners3
Apposite Capital2
BDC2
Bezos Expeditions2
Covington Capital2
Forward Ventures2
Gimv2
MedImmune Ventures2
Ontario2
OrbiMed2
Radius Ventures2
TL Ventures2
ACF Investors1
Aisling Capital1
Bain Capital Ventures1
Beedie Capital1
Braemar Energy Ventures1

Investment Strategy

GrowthWorks: Led accounts for 35% and participating for 65% of round participation.All available history.
GrowthWorks: Led accounts for 35% and participating for 65% of round participation. All available history
CategoryDeals (count)Share (%)
Led935%
Participating1765%
GrowthWorks: Single-lead accounts for 78% and co-led for 22% of lead dynamics.All available history.
GrowthWorks: Single-lead accounts for 78% and co-led for 22% of lead dynamics. All available history
CategoryDeals (count)Share (%)
Single-lead778%
Co-led222%

Team

Chris Moyer

Investment Manager

Christopher Morris

President & CEO

David Levi

Founder

Joe Timlin

VP, Investments

Peter Clark

Vice President, Investments Atlantic Canada

Thomas J. Hayes

President & CEO of Growthworks Atlantic Ltd

Tim Lee

Chief Investment Officer, Venture Capital

Timothy lee

Chief Investment Officer