# PenderFund Capital Management: portfolio, investments and team

> PenderFund Capital Management is a vc firm based in Canada. 6 investments on record, latest Oct 2010. Portfolio, stages, co-investors and team.

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

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

# PenderFund Capital Management

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

Quiet VC firm

Pre-seed Seed Series A Apps EdTech

Cheques on record

**0%** of best year **0** **cheques in 12 months**, 6 on record

Since the last cheque **5870** days **00** hrs **00** min **00** sec

Median round **$2.7M** Rounds led **0 of 6** Sole investor **2 rounds** Exits **1 from the portfolio** Mostly in **Canada, 100%**

Pitch PenderFund Capital Management

## PenderFund Capital Management highlights

- 01 6 rounds on record
- 02 Mostly Seed and Venture: 67% of its rounds
- 03 Sole investor in 2 rounds, median $719K
- 04 1 exits from the portfolio

## What they do

- **Type:** VC firm (from a list, unverified)
- **Cheque size:** Not stated
- **Stages:** Pre-seed Seed Series A Series B Growth
- **Sectors:** Apps EdTech
- **Based in:** Vancouver, Canada
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **6 appearances**

- **2010** 2 rounds
- **Oct** **[BasicGov Systems](https://millionrounds.com/company/basicgov-systems)** Seed · CA **$439K** Sole investor
- **Apr** **[Radiant Communications](https://millionrounds.com/company/radiant-communications)** Venture · CA · radiant.net **$4.1M** With 1 other
- **2009** 3 rounds
- **Aug** **[Monexa Services Inc.](https://millionrounds.com/company/monexa-services-inc)** Venture · CA · ipapplications.com **$1.0M** Sole investor
- **Jul** **[Lat49](https://millionrounds.com/company/lat49)** Series A · CA · paidcontent.org **$1.3M** With 1 other
- **Jul** Seed · deals.venturebeat.com **$5.5M** With 20 others
- **2008** 1 round
- **Jan** **[D-Wave Systems](https://millionrounds.com/company/d-wave-systems)** Series C · CA · theregister.co.uk **$17M** With 6 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

We hold **40** 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 **1 in all**

**[Radiant Communications](https://millionrounds.com/company/radiant-communications)** Bought by Comwave Telecom **$25M** Aug 2013

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

## The cheque

Pre-seed Seed Series A

Median round joined **$2.7M** the round, not its cheque Alone, median **$719K**

Led 0 of 6 rounds **0%**

- **Sole investor:** 2 rounds
- **Last cheque:** Oct 2010
- **Exits:** 1 from the portfolio

Rounds by stage said on their site

- Seed said *2*
- Venture *2*
- Series A said *1*
- Series C *1*
- Pre-seed said *-*
- Series B said *-*
- Growth said *-*

Cheques by year Led Joined

2008 2010

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## Quick answers about PenderFund Capital Management

### What does PenderFund Capital Management invest in?

PenderFund Capital Management invests most often at Seed and Venture (67% of the rounds on record), in sectors such as Apps and EdTech.

### How active is PenderFund Capital Management?

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

### How big are PenderFund Capital Management's cheques?

The median round it joins is $2.7M.

### Does PenderFund Capital Management lead rounds?

Rarely, if at all: none of its 6 investments on record names it as the lead.

### Where does PenderFund Capital Management invest?

Most of the companies it backs are in Canada (100%).

### Is PenderFund Capital Management investing now?

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

### What kind of investor is PenderFund Capital Management?

PenderFund Capital Management is a VC firm based in Vancouver, Canada.

### When was PenderFund Capital Management founded?

PenderFund Capital Management was founded in 1994.

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