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The Venture Codex

Vistara Growth

1622 West 7th Avenue Suite 200, Vancouver, British Columbia, V6J 1S5, Canada

Overview

Vistara Growth provides highly flexible growth debt and growth equity financing solutions for mid-late stage technology companies across North America. Founded, managed, and funded by seasoned technology finance and operating executives, “Vistara” (Sanskrit for “expansion”) is focused on enabling growth for its portfolio companies, investors, people and the communities we operate in.

Total investments
24
Lead investments
17
Investments · 12mo
1
Active investors
6

Sector focus

  • Finance
  • Financial Services
  • FinTech
  • Lending
  • Venture Capital
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Investment portfolio

  • Subject

    Led · Equity · Feb 2026

    Subject provides an AI-enabled instructional platform that offers accredited original-credit and credit-recovery courses for middle and high school students. Its product suite includes Teacher of Record AI, Multilingual AI, bite-sized video lessons, homework help, progress-monitoring dashboards, and analytics designed to boost graduation rates. The company partners with roughly 360 school districts and organizations, reaching nearly 1,000 schools nationwide. Subject’s content carries key accreditations such as Cognia and WASC and approvals from UC-AG, NCAA, and the College Board, giving districts confidence in course quality. Future plans include accelerating development of its AI capabilities, expanding the catalog of accredited courses, and deepening automation tools that save educators time. The firm also intends to ramp up go-to-market efforts in priority U.S. regions while strengthening relationships with existing district customers.

  • Matic Insurance

    Led · Equity · Jan 2025

    Matic operates a digital insurance marketplace that integrates insurance into the home and auto ownership journey and partners with carriers and distributors to embed coverage in consumer workflows. Founded in 2014, the company works with more than 70 carrier partners and over 100 distribution partners across mortgage origination and servicing, banking, real estate, and personal finance. Matic recently acquired Policygenius’s property and casualty book of nearly 30,000 policies, adding scale to its personal-lines footprint and onboarding those customers to its carrier marketplace and dedicated customer service team. With a new minority investment from Primus Capital, Matic plans to invest in its proprietary platform, broaden its embedded partnerships, and pursue additional acquisitions. The company’s current financial details and valuation were not disclosed in the reporting.

  • DataCore Software

    Led · Equity · Jul 2024

    DataCore Software delivers software-defined storage and data infrastructure solutions across core, edge, and cloud environments. The company offers a comprehensive product suite, an intellectual property portfolio in storage virtualization and advanced data services, and says it has helped over 10,000 customers worldwide. Proceeds from the financing will be used to expand technology offerings, improve operational agility, and broaden market reach to address emerging use cases. DataCore plans to accelerate integration of AI to extract actionable insights and automate complex workflows, while also enhancing cybersecurity and data-resilience capabilities. Leadership framed the funding as a catalyst for product innovation, collaboration with customers and partners, and long-term value creation. The company noted 25 years of R&D and strategic acquisitions as foundations for its continued technology roadmap. DataCore develops storage-network management software that enables companies to consolidate their storage from various types of hardware and to reallocate space. The software is positioned for organizations seeking to unify disparate storage systems. The article identifies the company as based in Fort Lauderdale, Fla. DataCore has been actively fundraising, with its third round bringing in more than $30 million. Prior to this round the company had raised a total of over $65 million. The article does not provide operating metrics or specific future product plans.

  • Clariti

    Led · Equity · Apr 2024

    Clariti offers a platform that simplifies the permitting process for governments of all sizes, covering pre-application through review and approval. The company’s software is used to reduce calls, counter visits, and permit issuance time, and it reports helping one in three citizens in North America access community development services online. Clariti is integrating Camino, a permitting technology provider it acquired in 2023, and the product roadmap includes development of new features tied to that integration. Recent financing will also be reinvested in customer service teams to support a rapidly growing customer base. Municipal customers mentioned in the articles include Albany, NY; Honolulu, HI; and the City of Tampa, FL, which launched Clariti’s Camino Guide to help customers identify necessary permits and submission steps. Clariti offers a low-code, cloud-based platform that digitizes the issuance, enforcement, and management of permits and licenses for state and local governments. The company serves public-sector customers in the United States and Canada and reports nearly 10 municipalities onboard. Named customers include Bakersfield, California; Nanaimo, British Columbia; and Honolulu, Hawaii. Clariti aims to help governments of all sizes deliver improved citizen experiences through its permitting and licensing software. In April 2024 the company secured $18.0M in growth financing to support its expansion. The funding will be used to bolster go-to-market teams, build relationships with system integrators, and support an increased number of implementations. Clariti is focused on scaling deployments across additional municipalities.

  • Brim Financial

    Participated · Series C · Apr 2024

    Brim Financial is a Canadian fintech providing a fully integrated Payments and Cards Platform-as-a-Service that combines mobile and web experiences with extensive API functionality. The solution allows financial institutions and enterprises to configure, launch and manage credit-card and embedded-banking products within a single technology stack, eliminating the need for multiple vendors. Brim’s architecture offers omni-channel servicing, rapid deployment and granular control across the entire card value chain. The company positions itself as a Funding-as-a-Service partner, bundling technology with access to capital so clients can scale new card programs faster. Industry recognition includes placements on Deloitte’s Fast 50/500 lists, CB Insights’ Top 100, Datos Insights’ Best Business Platforms, and PayTech & Banking Tech Award wins in 2025. Brim is regarded as one of the fastest-growing fintechs globally. The newly secured credit facility strengthens its balance sheet and provides additional resources to support client growth.

Team