Canada · Investor

Bank of Montreal (BMO)

Last cheque observed Jun 2026; 54 cheques on record.

Deploying nowCorporate VC

GrowthSeries BCRMCloudTechConsumer

Deploying now
71%of best year17cheques in 12 months, 54 on record
Since the last cheque147days00hrs00min00sec
Median round$63MRounds led0 of 54Sole investor19 roundsExits1 from the portfolioMostly inCanada, 71%
Pitch Bank of Montreal (BMO)

Bank of Montreal (BMO) highlights

  1. 01

    17 cheques in the last 12 months

  2. 02

    Mostly Debt and Venture: 86% of its rounds

  3. 03

    Sole investor in 19 rounds, median $48M

  4. 04

    1 exits from the portfolio

What they do

Type
Corporate VC (from a list, unverified)
Cheque size
Not stated
Stages
GrowthSeries B
Sectors
CRMCloudTechConsumer
Based in
Toronto, Canada
Cold pitches
Not stated

The record

Every round we can evidence, newest first54 appearances

  1. 2026

    13 rounds

  2. Jun
    JLL Income Property TrustDebt · US$49MSole investor
  3. Jun
    IonikDebt · CA$100MWith 2 others
  4. Jun
    Deep SkyVenture · CAUndisclosedWith 3 others
  5. Jun
    Creative Destruction LabGrant · CA$11MWith 2 others
  6. Apr
    Palisades GoldcorpVenture · CAUndisclosedSole investor
  7. Apr
    Uranium RoyaltyCA$40MSole investor
  8. Mar
    eStruxtureDebt · CA$109MWith 3 others
  9. Mar
    Versamet RoyaltiesDebt · CA$293MWith 2 others
  10. Mar
    Metalla Royalty & StreamingVenture · CAUndisclosedWith 1 other
  11. Feb
    OrganiGramCA$48MSole investor
  12. Feb
    Cannara BiotechCA$4.6MWith 2 others
  13. Feb
    Gold Royalty CorpDebt · CA$125MWith 3 others
  14. Feb
    Logan EnergyGB$47MWith 2 others
  15. 2025

    12 rounds

  16. Nov
    Griffin Global Asset ManagementDebt · US$1.2BWith 2 others
  17. Nov
    Cordelio PowerDebt · CA$548MWith 6 others
  18. Nov
    Global Net LeaseUS$300MWith 4 others
  19. Nov
    FlareDebt · DK$15MWith 3 others
  20. Oct
    G Mining Ventures Corp.Debt · CA$278MWith 3 others
  21. Sept
    Chestnut CarbonSeries B · US · AlleyWatch$90MWith 2 others
  22. Sept
    Discovery SilverDebt · CA$250MWith 2 others
  23. Sept
    Vox RoyaltyKY$55MSole investor
  24. Sept
    Stag IndustrialDebt · US$300MWith 2 others
  25. Aug
    Clifton BlakeDebt · CA$73MSole investor
  26. Aug
    eStruxtureDebt · CA$450MWith 3 others
  27. May
    Alera GroupDebt · US$1.0BSole investor
  28. 2024

    8 rounds

  29. Dec
    Deep SkyGrant · CA$40MWith 3 others
  30. Dec
  31. Nov
    Rumbu HoldingsDebt · CA$2.6MSole investor
  32. Nov
    PopReach$1.1MSole investor
  33. Jul
    WELL Health TechnologiesGrant · CA$6.8MWith 4 others
  34. Mar
    StockPickVenture · CAUndisclosedSole investor
  35. Mar
    Lumine GroupDebt · CA$310MWith 1 other
  36. Feb
    Uranium RoyaltyCA$23MSole investor
  37. 2023

    2 rounds

  38. Oct
    Hammerhead ResourcesDebt · CA$328MSole investor
  39. Sept
    Aurora CannabisCA$25MSole investor
  40. 2022

    8 rounds

  41. Dec
    GoBoltSeries C · CA$55MWith 2 others
  42. Dec
    GoSecureVenture · US$5.9MWith 4 others
  43. Oct
    Creative Destruction Lab (CDL)Venture$1.6MWith 2 others
  44. Jul
    Converge Technology SolutionsDebt · CA$469MWith 2 others
  45. Jun
    Lucero EnergyDebt · CA$180MWith 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

Named by the firm itself, on a filing, its Form ADV or its company registration6 named

BABruce Aaron FermanDirectoriForm ADV
GGGilles Gerard OuelletteDirectoriForm ADV
IKIan Kenneth NarineChief Financial OfficeriForm ADV
JZJoan Zabida MohammedDirectoriForm ADV
MJMaarten JansenDirector and Chief Executive OfficeriForm ADV
NDNicole Dale BorlandChief Compliance OfficeriForm ADV

We also hold 23 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.

What the register says

From the firm's own filings with the SEC, which it must file accurately by law

$40Bassets it managesOct 2026
Registeredinvestment adviserfull reporting to the SEC
Legal name
BMO Private Investment Counsel Inc.
SEC number
CRD 160344

Funds they back

1 fund commitment on record

Managers
1

Every fund on record that it has committed money to, and the managers who invest it.Source: fund news.

Managers it backs most

Exits from the portfolio

Companies it backed that were later bought or listed1 in all

iWeb TechnologiesBought by Internap$145MOct 2013

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

Who they invest alongside

The investors most often in the same rounds as Bank of Montreal (BMO). A count of rooms they were both in, not a relationship either has claimed.

Recently backed

The latest companies Bank of Montreal (BMO) put money into.

Quick answers about Bank of Montreal (BMO)

What does Bank of Montreal (BMO) invest in?

Bank of Montreal (BMO) invests most often at Debt and Venture (86% of the rounds on record), in sectors such as CRM, CloudTech and Consumer.

How active is Bank of Montreal (BMO)?

54 investments on record, 17 of them in the last 12 months. The most recent was in Jun 2026.

What has Bank of Montreal (BMO) invested in recently?

Its most recent investments on record: JLL Income Property Trust (Debt, Jun 2026), Ionik (Debt, Jun 2026) and Deep Sky (Venture, Jun 2026).

How big are Bank of Montreal (BMO)'s cheques?

The median round it joins is $63M.

Does Bank of Montreal (BMO) lead rounds?

Rarely, if at all: none of its 54 investments on record names it as the lead.

Where does Bank of Montreal (BMO) invest?

Most of the companies it backs are in Canada (71%) and the United States (21%).

Is Bank of Montreal (BMO) investing now?

Yes: it is actively investing, with 17 investments in the last 12 months.

Who does Bank of Montreal (BMO) invest alongside?

Most often National Bank of Canada (11 rounds together), CIBC (7 rounds together) and Royal Bank of Canada (5 rounds together).

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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