Canada · Investor

BEST Funds

Last cheque observed Nov 2015. Silence since then is not evidence of inactivity: our sources miss unannounced rounds.

QuietVC firm

SeedSeries ASeries BSoftwareCloud ComputingFinancial Services

Cheques on record
0%of best year0cheques in 12 months, 17 on record
Since the last cheque4003days00hrs00min00sec
Median round$3.1MRounds led0 of 17Sole investor13 roundsExits1 from the portfolioMostly inCanada, 94%
Pitch BEST Funds

BEST Funds highlights

  1. 01

    17 rounds on record

  2. 02

    Mostly Venture and Series A: 53% of its rounds

  3. 03

    Sole investor in 13 rounds, median $3.0M

  4. 04

    1 exits from the portfolio

What they do

Our experienced team of investors and advisors work closely with entrepreneurs to provide capital, strategic guidance, and industry connections to help them reach their full potential during all stages of their growth journey.From their own website
Type
VC firm (from a list, unverified)
Cheque size
Not stated
Stages
SeedSeries ASeries BGrowth
Sectors
SoftwareCloud ComputingFinancial Services
Based in
Toronto, Canada
Cold pitches
Not stated

The record

Every round we can evidence, newest first17 appearances

  1. 2015

    2 rounds

  2. Nov
    ZoneTVSeed · CA$3.1MSole investor
  3. Jul
    GroupBy Inc.Venture · CA$3.0MSole investor
  4. 2014

    3 rounds

  5. May
    Dejero Labs Inc.Venture · CA$4.5MSole investor
  6. Feb
    XipLinkSeries A · CA$1.5MSole investor
  7. Feb
    PitchPoint SolutionsCA$2.7MSole investor
  8. 2013

    5 rounds

  9. Sept
    SKURADebt · CA · finsmes.com$3.0MSole investor
  10. Sept
    ERMS CorporationSeries B · CA · finsmes.com$3.5MSole investor
  11. Aug
    TeamBuySeries A · CA · finsmes.com$5.0MSole investor
  12. Jul
    Intelligent Mechatronic SystemsDebt · CA · finsmes.com$4.0MSole investor
  13. Jul
    AcuityAdsDebt · US · finsmes.com$3.0MSole investor
  14. 2011

    1 round

  15. Dec
    DisclosureNet Inc.Venture · CA · finsmes.com$7.0MSole investor
  16. 2010

    1 round

  17. May
    DisclosureNet Inc.Series B · CA · disclosurenet.com$3.0MWith 1 other
  18. 2008

    1 round

  19. Apr
    GridIron SoftwareVenture · CA · bestfunds.ca$533KSole investor
  20. 2005

    3 rounds

  21. May
    Agile SystemsVenture · CA · agile-systems.com$7.0MWith 4 others
  22. Apr
    CoreworxSeries B · CA$8.7MWith 6 others
  23. Feb
    AssetMetrix CorporationSeries A · CA · thefreelibrary.com$3.0MSole investor
  24. 2002

    1 round

  25. Oct
    DragonWaveSeries C · CA$8.3MWith 2 others

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

The team

We hold 3 people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.

Exits from the portfolio

Companies it backed that were later bought or listed1 in all

AssetMetrix CorporationBought by MicrosoftUndisclosedApr 2006

An exit counts when it came after the firm's first round in the company. From historical deal records.

Companies it bought

Acquisitions by the firm itself

Axis Capital CorpUndisclosedJan 2006

Who they invest alongside

The investors most often in the same rounds as BEST Funds. A count of rooms they were both in, not a relationship either has claimed.

Quick answers about BEST Funds

What does BEST Funds invest in?

BEST Funds invests most often at Venture and Series A (53% of the rounds on record), in sectors such as Software, Cloud Computing and Financial Services.

How active is BEST Funds?

17 investments on record, 0 of them in the last 12 months. The most recent was in Nov 2015.

How big are BEST Funds's cheques?

The median round it joins is $3.1M.

Does BEST Funds lead rounds?

Rarely, if at all: none of its 17 investments on record names it as the lead.

Where does BEST Funds invest?

Most of the companies it backs are in Canada (94%) and the United States (6%).

Is BEST Funds investing now?

No investments in the last 12 months; the latest was in Nov 2015.

Who does BEST Funds invest alongside?

Most often Roynat Equity Partners (3 rounds together) and Covington Group (2 rounds together).

What kind of investor is BEST Funds?

BEST Funds is a VC firm based in Toronto, Canada.

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Built from the rounds we watched, its filings and its own website, refreshed every night. How we count · Report a correction · Is this your firm? Claim it