# BC Advantage Funds: portfolio, investments and team

> BC Advantage Funds is a vc firm. 11 investments on record, latest Feb 2010. Portfolio, stages, co-investors and team.

Source: https://millionrounds.com/fund/bc-advantage-funds (Millionrounds; every figure on the page links to its filing or article)

[Investor](https://millionrounds.com/investors)

# BC Advantage Funds

Last cheque observed Feb 2010. Silence since then is not evidence of inactivity: our sources miss unannounced rounds.

Quiet VC firm

Series A Series B Venture Fintech

Cheques on record

**0%** of best year **0** **cheques in 12 months**, 11 on record

Since the last cheque **6103** days **00** hrs **00** min **00** sec

Median round **$7.8M** Rounds led **0 of 11** Sole investor **1 rounds** Exits **3 from the portfolio** Mostly in **Canada, 82%**

Pitch BC Advantage Funds

## BC Advantage Funds highlights

- 01 11 rounds on record
- 02 Mostly Series A and Series B: 60% of its rounds
- 03 Sole investor in 1 rounds, median $3.0M
- 04 3 exits from the portfolio

## What they do

- **Type:** VC firm (from a list, unverified)
- **Cheque size:** Not stated
- **Sectors:** Fintech
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **11 appearances**

- **2010** 2 rounds
- **Feb** **[Redlen Technologies](https://millionrounds.com/company/redlen-technologies)** Venture · CA **$7.8M** With 2 others
- **Jan** **[Microvisk Technologies](https://millionrounds.com/company/microvisk-technologies)** GB · finsmes.com **$3.2M** With 3 others
- **2009** 1 round
- **Mar** **[Zeugma Systems](https://millionrounds.com/company/zeugma-systems)** Series C · CA · fundedlocal.com **$9.0M** With 6 others
- **2008** 3 rounds
- **Jun** **[Inimex Pharmaceuticals](https://millionrounds.com/company/inimex-pharmaceuticals)** Series B · CA **$22M** With 7 others
- **May** **[NPS](https://millionrounds.com/company/nps)** Venture · GB · deals.venturebeat.com **$9.7M** With 1 other
- **Apr** **[Mobidia Technology](https://millionrounds.com/company/mobidia-technology)** Venture · CA · discoverycapital.com **$9.3M** With 1 other
- **2007** 3 rounds
- **Jun** **[Aquinox Pharmaceuticals](https://millionrounds.com/company/aquinox-pharmaceuticals)** Series A · CA **$15M** With 3 others
- **Jun** **[Contigo Systems](https://millionrounds.com/company/contigo-systems)** Series B · CA **$3.0M** Sole investor
- **Jan** **[Mobidia Technology](https://millionrounds.com/company/mobidia-technology)** Series A · CA **$3.2M** With 2 others
- **2006** 1 round
- **Apr** **[GaleForce Solutions](https://millionrounds.com/company/galeforce-solutions)** Series B · CA · galeforcesolutions.com **$2.1M** With 2 others
- **2005** 1 round
- **Jul** **[Mobidia Technology](https://millionrounds.com/company/mobidia-technology)** Series A · CA · allbusiness.com **$6.0M** With 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.

## Exits from the portfolio

Companies it backed that were later bought or listed **3 in all**

**[Mobidia Technology](https://millionrounds.com/company/mobidia-technology)** Bought by App Annie **Undisclosed** May 2015

**[GaleForce Solutions](https://millionrounds.com/company/galeforce-solutions)** Bought by iPipeline **Undisclosed** Jan 2011

**[Zeugma Systems](https://millionrounds.com/company/zeugma-systems)** Bought by [Tellabs](https://millionrounds.com/fund/tellabs) **Undisclosed** Nov 2010

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

## The cheque

Series A Series B Venture

Median round joined **$7.8M** the round, not its cheque Alone, median **$3.0M**

Led 0 of 11 rounds **0%**

- **Sole investor:** 1 rounds
- **Last cheque:** Feb 2010
- **Exits:** 3 from the portfolio

Rounds by stage said on their site

- Series A *3*
- Series B *3*
- Venture *3*
- Series C *1*

Cheques by year Led Joined

2005 2010

Often in the room with

- [Discovery Capital](https://millionrounds.com/fund/discovery-capital-management-corporation) 4
- [BDC Capital](https://millionrounds.com/fund/bdc-venture-capital) 3
- [GrowthWorks](https://millionrounds.com/fund/growthworks) 3
- [Ventures West](https://millionrounds.com/fund/ventures-west) 2
- [Yaletown Partners](https://millionrounds.com/fund/yaletown-partners) 2

**Pitching BC Advantage Funds?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque.

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## Who they invest alongside

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

[**Discovery Capital** Investment firm **4** rounds together](https://millionrounds.com/fund/discovery-capital-management-corporation)[**BDC Capital** VC firm **3** rounds together](https://millionrounds.com/fund/bdc-venture-capital)[**GrowthWorks** VC firm **3** rounds together](https://millionrounds.com/fund/growthworks)[**Ventures West** VC firm **2** rounds together](https://millionrounds.com/fund/ventures-west)[**Yaletown Partners** VC firm **2** rounds together](https://millionrounds.com/fund/yaletown-partners)

## Quick answers about BC Advantage Funds

### What does BC Advantage Funds invest in?

BC Advantage Funds invests most often at Series A and Series B (60% of the rounds on record), in sectors such as Fintech.

### How active is BC Advantage Funds?

11 investments on record, 0 of them in the last 12 months. The most recent was in Feb 2010.

### How big are BC Advantage Funds's cheques?

The median round it joins is $7.8M.

### Does BC Advantage Funds lead rounds?

Rarely, if at all: none of its 11 investments on record names it as the lead.

### Where does BC Advantage Funds invest?

Most of the companies it backs are in Canada (82%) and the United Kingdom (18%).

### Is BC Advantage Funds investing now?

No investments in the last 12 months; the latest was in Feb 2010.

### Who does BC Advantage Funds invest alongside?

Most often Discovery Capital (4 rounds together), BDC Capital (3 rounds together) and GrowthWorks (3 rounds together).

### What kind of investor is BC Advantage Funds?

BC Advantage Funds is a VC firm.

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