Canada · Investor

Propulsion Ventures

Last cheque observed Dec 2012. Silence since then is not evidence of inactivity: our sources miss unannounced rounds.

QuietVC firm

Series ASeedVentureMobilePaymentsVenture Capital & Private Equity

Cheques on record
0%of best year0cheques in 12 months, 8 on record
Since the last cheque5068days00hrs00min00sec
Median round$5.3MRounds led0 of 8Sole investor1 roundsExits2 from the portfolioMostly inUnited States, 63%
Pitch Propulsion Ventures

Propulsion Ventures highlights

  1. 01

    8 rounds on record

  2. 02

    Mostly Series A and Seed: 63% of its rounds

  3. 03

    Sole investor in 1 rounds, median $2.9M

  4. 04

    2 exits from the portfolio

What they do

Type
VC firm (from a list, unverified)
Cheque size
Not stated
Sectors
MobilePaymentsVenture Capital & Private Equity
Based in
Canada
Cold pitches
Not stated

The record

Every round we can evidence, newest first8 appearances

  1. 2012

    1 round

  2. Dec
    CoveoVenture · US · venturebeat.com$18MWith 2 others
  3. 2009

    1 round

  4. Dec
    CoveoSeries B · US · techcrunch.com$8.2MWith 3 others
  5. 2008

    2 rounds

  6. Oct
    ShopitSeed · US$31KWith 1 other
  7. Jun
    ADCentricitySeries A · CA · montrealtechwatch.com$2.9MSole investor
  8. 2007

    1 round

  9. May
    DNA13Series A · CA · dna13.com$4.5MWith 1 other
  10. 2006

    2 rounds

  11. Oct
    CoveoSeries A · US · coveo.com$6.0MWith 2 others
  12. Sept
    eBillmeVenture · US · ebillme.com$11MWith 3 others
  13. 2005

    1 round

  14. Jul
    eXludus TechnologiesSeed · CA · techfinance.ca$1.5MWith 1 other

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.

Exits from the portfolio

Companies it backed that were later bought or listed2 in all

ADCentricityBought by Bee MediaUndisclosedApr 2012
ShopitBought by AtrinsicUndisclosedAug 2009

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

Quick answers about Propulsion Ventures

What does Propulsion Ventures invest in?

Propulsion Ventures invests most often at Series A and Seed (63% of the rounds on record), in sectors such as Mobile, Payments and Venture Capital & Private Equity.

How active is Propulsion Ventures?

8 investments on record, 0 of them in the last 12 months. The most recent was in Dec 2012.

How big are Propulsion Ventures's cheques?

The median round it joins is $5.3M.

Does Propulsion Ventures lead rounds?

Rarely, if at all: none of its 8 investments on record names it as the lead.

Where does Propulsion Ventures invest?

Most of the companies it backs are in the United States (63%) and Canada (38%).

Is Propulsion Ventures investing now?

No investments in the last 12 months; the latest was in Dec 2012.

Who does Propulsion Ventures invest alongside?

Most often BDC Capital (3 rounds together), Celtic House Venture Partners (2 rounds together) and Fonds de solidarite Ftq (2 rounds together).

What kind of investor is Propulsion Ventures?

Propulsion Ventures is a VC firm based in Canada.

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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