# Discovery Capital: portfolio, investments and team > Discovery Capital is an investment firm based in Canada. 16 investments on record, latest Nov 2019. Portfolio, stages, co-investors and team. Source: https://millionrounds.com/fund/discovery-capital-management-corporation (Millionrounds; every figure on the page links to its filing or article) Canada · [Investor](https://millionrounds.com/investors) # Discovery Capital Last cheque observed Nov 2019. Silence since then is not evidence of inactivity: our sources miss unannounced rounds. Quiet Investment firm Venture Series A Series B Education Software Impact Investing Cheques on record **0%** of best year **0** **cheques in 12 months**, 16 on record Since the last cheque **2527** days **00** hrs **00** min **00** sec Median round **$1.0B** Rounds led **0 of 16** Sole investor **5 rounds** Exits **3 from the portfolio** Mostly in **Canada, 69%** Pitch Discovery Capital ## Discovery Capital highlights - 01 16 rounds on record - 02 Mostly Venture and Series A: 60% of its rounds - 03 Sole investor in 5 rounds, median $1.0M - 04 3 exits from the portfolio ## What they do - **Type:** Investment firm (from a list, unverified) - **Cheque size:** Not stated - **Sectors:** Education Software Impact Investing - **Based in:** Vancouver, Canada - **Cold pitches:** Not stated ## The record Every round we can evidence, newest first **16 appearances** - **2019** 1 round - **Nov** **[Paytm](https://millionrounds.com/company/paytm)** IN · Crunchbase News **$1.0B** With 3 others - **2015** 1 round - **Jun** **[Spotify](https://millionrounds.com/company/spotify)** Series G · SE **$526M** With 12 others - **2014** 2 rounds - **Apr** **[Social Finance](https://millionrounds.com/company/social-finance)** Series C · US **$80M** With 2 others - **Apr** **[SoFi](https://millionrounds.com/company/sofi)** Series C · US **$80M** With 8 others - **2009** 1 round - **Jul** **[Lat49](https://millionrounds.com/company/lat49)** Series A · CA · paidcontent.org **$1.3M** With 1 other - **2008** 4 rounds - **Jun** **[Gatekeeper System](https://millionrounds.com/company/gatekeeper-system)** Venture · US **$2.0M** Sole investor - **Jun** **[Inimex Pharmaceuticals](https://millionrounds.com/company/inimex-pharmaceuticals)** Series B · CA **$22M** With 7 others - **Apr** **[Navarik](https://millionrounds.com/company/navarik)** Venture · CA **$1.0M** Sole investor - **Apr** **[Mobidia Technology](https://millionrounds.com/company/mobidia-technology)** Venture · CA · discoverycapital.com **$9.3M** With 1 other - **2007** 2 rounds - **Nov** **[Lat49](https://millionrounds.com/company/lat49)** Seed · CA · lat49.com **$2.5M** Sole investor - **May** **[Rx Networks](https://millionrounds.com/company/rx-networks)** Series A · CA · rxnetworks.ca **$3.3M** With 1 other - **2006** 1 round - **Apr** **[GaleForce Solutions](https://millionrounds.com/company/galeforce-solutions)** Series B · CA · galeforcesolutions.com **$2.1M** With 2 others - **2005** 4 rounds - **Nov** **[Vivonet](https://millionrounds.com/company/vivonet)** Venture · CA · techfinance.ca **$2.0M** With 1 other - **Jul** **[Mobidia Technology](https://millionrounds.com/company/mobidia-technology)** Series A · CA · allbusiness.com **$6.0M** With 2 others - **Feb** **[Mobidia Technology](https://millionrounds.com/company/mobidia-technology)** Venture · CA **$406K** Sole investor - **Jan** **[In Motion Technology](https://millionrounds.com/company/in-motion-technology)** Venture · CA **$939K** 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 **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 listed **3 in all** **[Mobidia Technology](https://millionrounds.com/company/mobidia-technology)** Bought by App Annie **Undisclosed** May 2015 **[In Motion Technology](https://millionrounds.com/company/in-motion-technology)** Bought by [Sierra Wireless](https://millionrounds.com/fund/sierra-wireless) **$21M** Jan 2014 **[GaleForce Solutions](https://millionrounds.com/company/galeforce-solutions)** Bought by iPipeline **Undisclosed** Jan 2011 An exit counts when it came after the firm's first round in the company. From historical deal records. ## The cheque Venture Series A Series B Median round joined **$1.0B** the round, not its cheque Alone, median **$1.0M** Led 0 of 16 rounds **0%** - **Sole investor:** 5 rounds - **Last cheque:** Nov 2019 - **Exits:** 3 from the portfolio Rounds by stage said on their site - Venture *6* - Series A *3* - Series B *2* - Series C *2* - Seed *1* - Series G *1* Cheques by year Led Joined 2005 2019 Often in the room with - [BC Advantage Funds](https://millionrounds.com/fund/bc-advantage-funds) 4 - [BDC Capital](https://millionrounds.com/fund/bdc-venture-capital) 2 - [Peter Thiel](https://millionrounds.com/fund/peter-thiel) 2 - [Wicklow Capital](https://millionrounds.com/fund/wicklow-capital) 2 **Pitching Discovery Capital?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque. Add to your CRM *→* ## 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. [**BC Advantage Funds** VC firm **4** rounds together](https://millionrounds.com/fund/bc-advantage-funds)[**BDC Capital** VC firm **2** rounds together](https://millionrounds.com/fund/bdc-venture-capital)[**Peter Thiel** Angel **2** rounds together](https://millionrounds.com/fund/peter-thiel)[**Wicklow Capital** VC firm **2** rounds together](https://millionrounds.com/fund/wicklow-capital) ## Mentioned on podcasts Episodes that name Discovery Capital in their description, not their title. - [Capital Allocators](https://millionrounds.com/podcasts/capital-allocators) 27 Dec 2022 · 44 min 2022 Top Episode #4: Rob Citrone – Emerging Markets, Hedge Funds, and Staying in the Game, EP. 261 With [Rob Citrone](https://millionrounds.com/person/rob-citrone) Mentions [Discovery Capital](https://millionrounds.com/fund/discovery-capital-management-corporation)[Fidelity](https://millionrounds.com/fund/fidelity)[George Soros](https://millionrounds.com/fund/george-soros) *+1* Apple PodcastsShow page - [Capital Allocators](https://millionrounds.com/podcasts/capital-allocators) 11 Jul 2022 · 43 min Rob Citrone – Emerging Markets, Hedge Funds, and Staying in the Game (Capital Allocators, EP.261) With [Rob Citrone](https://millionrounds.com/person/rob-citrone) Mentions [Discovery Capital](https://millionrounds.com/fund/discovery-capital-management-corporation)[Fidelity](https://millionrounds.com/fund/fidelity)[George Soros](https://millionrounds.com/fund/george-soros) *+1* Apple PodcastsShow page ## 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? Find the investors who back rounds like yours, and keep every conversation on one fundraising board. Find similar investorsOpen your CRM Built from the rounds we watched, its filings and its own website, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections?slug=discovery-capital-management-corporation) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=discovery-capital-management-corporation)