# Difference Capital: portfolio, investments and team

> Difference Capital is a vc firm based in Canada. 9 investments on record, latest Apr 2015. Portfolio, stages, co-investors and team.

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

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

# Difference Capital

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

Quiet VC firm

Growth Series C Venture EBooks Therapeutics

Cheques on record

**0%** of best year **0** **cheques in 12 months**, 9 on record

Since the last cheque **4214** days **00** hrs **00** min **00** sec

Median round **$11M** Rounds led **0 of 9** Sole investor **5 rounds** Mostly in **Canada, 89%**

Pitch Difference Capital

## Difference Capital highlights

- 01 9 rounds on record
- 02 Mostly Growth and Series C: 50% of its rounds
- 03 Sole investor in 5 rounds, median $6.0M

## What they do

- **Type:** VC firm (from a list, unverified)
- **Cheque size:** Not stated
- **Sectors:** EBooks Therapeutics
- **Based in:** Toronto, Canada
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **9 appearances**

- **2015** 2 rounds
- **Apr** **[TouchBistro](https://millionrounds.com/company/touchbistro)** Series A · US **$4.8M** With 2 others
- **Mar** **[QuickPlay Media](https://millionrounds.com/company/quickplay-media)** Growth · CA **$46M** With 2 others
- **2014** 5 rounds
- **May** **[Thunderbird Films](https://millionrounds.com/company/thunderbird-films)** Series C · CA **$11M** Sole investor
- **May** **[SHOP.CA](https://millionrounds.com/company/shop-ca)** Series B · CA **$31M** With 6 others
- **Feb** **[Aurinia Pharmaceuticals](https://millionrounds.com/company/aurinia-pharmaceuticals)** CA **$52M** With 8 others
- **Jan** **[Vision Critical](https://millionrounds.com/company/vision-critical)** Venture · CA **$3.5M** Sole investor
- **Jan** **[Baanto International](https://millionrounds.com/company/baanto-international)** Series C · CA **$6.0M** Sole investor
- **2013** 2 rounds
- **Nov** **[BuildDirect](https://millionrounds.com/company/builddirect)** Venture · CA · finsmes.com **$13M** Sole investor
- **Sept** **[Carta Worldwide](https://millionrounds.com/company/carta-worldwide)** Growth · CA · canadianprivateequity.com **$2.0M** Sole investor

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 **4** 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.

## The cheque

Growth Series C Venture

Median round joined **$11M** the round, not its cheque Alone, median **$6.0M**

Led 0 of 9 rounds **0%**

- **Sole investor:** 5 rounds
- **Last cheque:** Apr 2015

Rounds by stage said on their site

- Growth *2*
- Series C *2*
- Venture *2*
- Series A *1*
- Series B *1*

Cheques by year Led Joined

2013 2015

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## Quick answers about Difference Capital

### What does Difference Capital invest in?

Difference Capital invests most often at Growth and Series C (50% of the rounds on record), in sectors such as EBooks and Therapeutics.

### How active is Difference Capital?

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

### How big are Difference Capital's cheques?

The median round it joins is $11M.

### Does Difference Capital lead rounds?

Rarely, if at all: none of its 9 investments on record names it as the lead.

### Where does Difference Capital invest?

Most of the companies it backs are in Canada (89%) and the United States (11%).

### Is Difference Capital investing now?

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

### What kind of investor is Difference Capital?

Difference Capital is a VC firm based in Toronto, Canada.

### When was Difference Capital founded?

Difference Capital was founded in 2012.

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