Canada · Investor

Discovery Capital

Last cheque observed Nov 2019. Silence since then is not evidence of inactivity: our sources miss unannounced rounds.

QuietInvestment firm

VentureSeries ASeries BEducationSoftwareImpact Investing

Cheques on record
0%of best year0cheques in 12 months, 16 on record
Since the last cheque2527days00hrs00min00sec
Median round$1.0BRounds led0 of 16Sole investor5 roundsExits3 from the portfolioMostly inCanada, 69%
Pitch Discovery Capital

Discovery Capital highlights

  1. 01

    16 rounds on record

  2. 02

    Mostly Venture and Series A: 60% of its rounds

  3. 03

    Sole investor in 5 rounds, median $1.0M

  4. 04

    3 exits from the portfolio

What they do

Type
Investment firm (from a list, unverified)
Cheque size
Not stated
Sectors
EducationSoftwareImpact Investing
Based in
Vancouver, Canada
Cold pitches
Not stated

The record

Every round we can evidence, newest first16 appearances

  1. 2019

    1 round

  2. Nov
    PaytmIN · Crunchbase News$1.0BWith 3 others
  3. 2015

    1 round

  4. Jun
    SpotifySeries G · SE$526MWith 12 others
  5. 2014

    2 rounds

  6. Apr
    Social FinanceSeries C · US$80MWith 2 others
  7. Apr
    SoFiSeries C · US$80MWith 8 others
  8. 2009

    1 round

  9. Jul
    Lat49Series A · CA · paidcontent.org$1.3MWith 1 other
  10. 2008

    4 rounds

  11. Jun
    Gatekeeper SystemVenture · US$2.0MSole investor
  12. Jun
    Inimex PharmaceuticalsSeries B · CA$22MWith 7 others
  13. Apr
    NavarikVenture · CA$1.0MSole investor
  14. Apr
    Mobidia TechnologyVenture · CA · discoverycapital.com$9.3MWith 1 other
  15. 2007

    2 rounds

  16. Nov
    Lat49Seed · CA · lat49.com$2.5MSole investor
  17. May
    Rx NetworksSeries A · CA · rxnetworks.ca$3.3MWith 1 other
  18. 2006

    1 round

  19. Apr
    GaleForce SolutionsSeries B · CA · galeforcesolutions.com$2.1MWith 2 others
  20. 2005

    4 rounds

  21. Nov
    VivonetVenture · CA · techfinance.ca$2.0MWith 1 other
  22. Jul
    Mobidia TechnologySeries A · CA · allbusiness.com$6.0MWith 2 others
  23. Feb
    Mobidia TechnologyVenture · CA$406KSole investor
  24. Jan
    In Motion TechnologyVenture · CA$939KSole 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 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 listed3 in all

Mobidia TechnologyBought by App AnnieUndisclosedMay 2015
GaleForce SolutionsBought by iPipelineUndisclosedJan 2011

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 Discovery Capital. A count of rooms they were both in, not a relationship either has claimed.

Mentioned on podcasts

Episodes that name Discovery Capital in their description, not their title.

Quick answers about Discovery Capital

What does Discovery Capital invest in?

Discovery Capital invests most often at Venture and Series A (60% of the rounds on record), in sectors such as Education, Software and Impact Investing.

How active is Discovery Capital?

16 investments on record, 0 of them in the last 12 months. The most recent was in Nov 2019.

What has Discovery Capital invested in recently?

Its most recent investments on record: Paytm (Undisclosed round, Nov 2019).

How big are Discovery Capital's cheques?

The median round it joins is $1.0B.

Does Discovery Capital lead rounds?

Rarely, if at all: none of its 16 investments on record names it as the lead.

Where does Discovery Capital invest?

Most of the companies it backs are in Canada (69%), the United States (19%) and India (6%).

Is Discovery Capital investing now?

No investments in the last 12 months; the latest was in Nov 2019.

Who does Discovery Capital invest alongside?

Most often BC Advantage Funds (4 rounds together), BDC Capital (2 rounds together) and Peter Thiel (2 rounds together).

Raising now?

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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