# Pythian funding: rounds and investors

> Pythian has raised $21M across 2 rounds since 2014. Investors include BDC Capital, Royal Bank of Canada and BDC Capital. Every round with its source.

Source: https://millionrounds.com/company/pythian (Millionrounds; every figure on the page links to its filing or article)

Canada · [Funded startup](https://millionrounds.com/companies)

# Who invested in *Pythian*

2 rounds we have observed, with the 3 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

IT Services

Funding summary Updated 26 Oct 2026

**$21M** raised across 2 rounds since 2014, from 2 sources

**$6.0M** Venture **$15M** Round

- **Latest round:** Round, $15M May 2017
- **Step-up i:** 2.5×
- **Investors:** 3

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2014 2015 2016 2017

**$6.0M** Venture

**$15M** Round

- **First round:** Venture, $6.0M
- **Biggest round:** $15M
- **Between rounds:** 3.2 years

## The rounds

- **May 2017** Round **$15M** *1 new* [BDC Capital](https://millionrounds.com/fund/bdc-capital) Reported by FinSMEs
- **Mar 2014** Venture **$6.0M** *2 new* [BDC Capital](https://millionrounds.com/fund/bdc-venture-capital) [Royal Bank of Canada](https://millionrounds.com/fund/royal-bank-of-canada) From a historical funding record

## Founders and team

From Pythian's own website: 9 on the team.

- **Brooks Borcherding** Chief Executive Officer
- **Camila Suvaric** Vice President, People & Culture
- **Jean Claude Helou** Vice President of Professional Services
- **Matthew Malanga** Senior Vice President, Marketing
- **Michael Bray** Senior Vice President, Worldwide Sales
- **Vanessa Simmons** Senior Vice President, Business Development
- **Ian Cascagnette** Chief Financial Officer
- **Paul Lewis** Chief Technology Officer
- **Lucia Arjona** General Counsel

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Venture** 2014 **Round** 2017 [BDC Capital](https://millionrounds.com/fund/bdc-venture-capital) [Royal Bank of Canada](https://millionrounds.com/fund/royal-bank-of-canada) [BDC Capital](https://millionrounds.com/fund/bdc-capital)

## Everyone who backed them

[BDC Capital](https://millionrounds.com/fund/bdc-venture-capital) VC firm **1** round

[Royal Bank of Canada](https://millionrounds.com/fund/royal-bank-of-canada) Growth equity **1** round

[BDC Capital](https://millionrounds.com/fund/bdc-capital) Private credit **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=pythian).

## Quick answers about Pythian

### Who invested in Pythian?

Pythian's investors include BDC Capital, Royal Bank of Canada and BDC Capital.

### How much has Pythian raised?

Pythian has raised $21M across 2 rounds since 2014.

### When did Pythian last raise?

Pythian's most recent round was an Undisclosed round of $15M in May 2017.

### What was Pythian's biggest round?

Its most recent round, $15M in May 2017, is also its largest on record.

### Who backed Pythian first?

Pythian's first round on record, in Mar 2014, was backed by BDC Capital and Royal Bank of Canada.

### What stage is Pythian at?

Pythian's latest named round is an Undisclosed round, in May 2017.

### Where is Pythian based?

Pythian is based in Canada.

## Companies like Pythian

In the same sector, and raised in the last eighteen months.

[**Expertise AI** $2.3M · Sept 2026](https://millionrounds.com/company/expertise-ai)[**Peripheral Labs** $12M · Aug 2026](https://millionrounds.com/company/peripheral-labs)[**AllScale** Jun 2026](https://millionrounds.com/company/allscale)[**Brilliant Harvest** $4.0M · Feb 2026](https://millionrounds.com/company/brilliant-harvest)[**Focus FS** $3.6M · Jan 2026](https://millionrounds.com/company/focus-fs)[**Citylogix** Jan 2026](https://millionrounds.com/company/citylogix)

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