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The Venture Codex

Pender Ventures

1830 – 1066 W Hastings St, Vancouver, BC, V6E 3X2, Canada

Overview

Pender Ventures invests in data centric startups in health-tech, enterprise software, and industrial transformation.

Total investments
8
Lead investments
4
Investments · 12mo
1
Active investors
4
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Investment portfolio

  • InsideDesk

    Led · Equity · Jul 2026

    InsideDesk offers an AI-powered revenue cycle management platform for dental service organizations that automates claims processing, improves collections, and reduces administrative burden. The company reports that its platform delivers measurable results for customers, citing MB2 Dental as an example of improved visibility into revenue cycle performance and additional collection opportunities. InsideDesk is positioning itself as a leading RCM provider in the dental industry and says demand is growing as DSOs seek efficiency with leaner teams. The company plans to invest the proceeds of its $12.6 million growth financing in deeper AI and automation capabilities and to hire across engineering, AI, and go-to-market functions. InsideDesk frames these investments as necessary to scale and extend its leadership in AI-driven revenue cycle management. The company is headquartered in Toronto.

  • veritree

    Led · Series A · May 2025

    veritree provides a platform that captures verified, site-level ecological data and transforms it into reporting to support nature restoration. Its proprietary Smart Forest Design™ includes AI-Backed Bioacoustic Monitors, a Social Impact Dashboard, and the Collect App for field data capture. The company serves nearly 300 corporate customers and, since 2023, has reached 100 million trees pledged. Led by CEO Derrick Emsley, veritree plans to roll out AI monitoring and analysis features and test and deploy the platform across ecosystems in South America and Asia. It will also accelerate go-to-market efforts and build integrations to enhance auditing, strengthen monitoring, and improve platform accessibility. veritree raised new capital to fund these initiatives.

  • Catio

    Participated · Equity · Mar 2025

    Catio provides an AI-powered Copilot designed to simplify and optimize architecture decision-making by combining generative AI with architecture expertise. Led by CEO Boris Bogatin and CTO Toufic Boubez, the product delivers a continuously updated digital twin for 360° architecture visibility. It offers 24/7 AI-powered insights with interactive intelligence and instant Q&A for architecture decisions. The platform includes decision-intelligence tools that the company says can improve tech architectures by 80%. Catio intends to use recent funding to expand AI capabilities, scale product development, and grow customer adoption.

  • Traction Complete

    Led · Equity · Jan 2023

    Traction Complete offers a suite of Revenue Operations Data Management apps that automate data cleanup, account hierarchies, matching and routing within Salesforce. The company spun out of Traction-on-Demand in 2019 and is based in Vancouver. Its products are used by customers including Zoom, Cisco, and 1Password. Traction Complete's stated mission is to automate complex Salesforce data tasks and prepare teams for AI adoption. The company emphasizes improving data quality, streamlining sales, and optimizing go-to-market strategies. Management says recent funding will support product development and geographic expansion. Traction Complete is a Port Moody, Canada-based provider of revenue operations apps native to Salesforce. Led by CEO David Nelson, the company offers a suite of Salesforce apps that automate data cleanup, account hierarchies, matching, and lead routing. Its products include Complete Hierarchies (automated account hierarchies for sales territory planning), Complete Leads (automated routing, lead assignment, and matching), and Complete Clean (duplicate data cleansing). On January 24, 2023, Traction Complete raised $5M in growth financing. The company intends to use the funds to accelerate hiring, boost marketing initiatives, and develop new solutions. The round was led by Vancouver’s Pender Ventures and Thomvest Ventures.

  • DistillerSR

    Participated · Equity · Aug 2022

    Evidence Partners offers DistillerSR, an AI-enabled literature review automation platform that helps research organizations securely produce transparent, audit-ready and regulatory-compliant literature reviews. The company is led by CEO Peter O’Blenis. Today more than 300 of the world’s leading research organizations use DistillerSR, including more than 60% of the largest pharmaceutical and medical device companies. Evidence Partners raised $20M in Growth funding to accelerate global growth. The company intends to use the proceeds to hire additional product, engineering, sales, marketing and customer success talent. The financing is intended to support expansion of the product and commercial teams to scale adoption globally.

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