# Propulsion Ventures: portfolio, investments and team > Propulsion Ventures is a vc firm based in Canada. 8 investments on record, latest Dec 2012. Portfolio, stages, co-investors and team. Source: https://millionrounds.com/fund/propulsion-ventures (Millionrounds; every figure on the page links to its filing or article) Canada · [Investor](https://millionrounds.com/investors) # Propulsion Ventures Last cheque observed Dec 2012. Silence since then is not evidence of inactivity: our sources miss unannounced rounds. Quiet VC firm Series A Seed Venture Mobile Payments Venture Capital & Private Equity Cheques on record **0%** of best year **0** **cheques in 12 months**, 8 on record Since the last cheque **5068** days **00** hrs **00** min **00** sec Median round **$5.3M** Rounds led **0 of 8** Sole investor **1 rounds** Exits **2 from the portfolio** Mostly in **United States, 63%** Pitch Propulsion Ventures ## Propulsion Ventures highlights - 01 8 rounds on record - 02 Mostly Series A and Seed: 63% of its rounds - 03 Sole investor in 1 rounds, median $2.9M - 04 2 exits from the portfolio ## What they do - **Type:** VC firm (from a list, unverified) - **Cheque size:** Not stated - **Sectors:** Mobile Payments Venture Capital & Private Equity - **Based in:** Canada - **Cold pitches:** Not stated ## The record Every round we can evidence, newest first **8 appearances** - **2012** 1 round - **Dec** **[Coveo](https://millionrounds.com/company/coveo)** Venture · US · venturebeat.com **$18M** With 2 others - **2009** 1 round - **Dec** **[Coveo](https://millionrounds.com/company/coveo)** Series B · US · techcrunch.com **$8.2M** With 3 others - **2008** 2 rounds - **Oct** **[Shopit](https://millionrounds.com/company/shopit)** Seed · US **$31K** With 1 other - **Jun** **[ADCentricity](https://millionrounds.com/company/adcentricity)** Series A · CA · montrealtechwatch.com **$2.9M** Sole investor - **2007** 1 round - **May** **[DNA13](https://millionrounds.com/company/dna13)** Series A · CA · dna13.com **$4.5M** With 1 other - **2006** 2 rounds - **Oct** **[Coveo](https://millionrounds.com/company/coveo)** Series A · US · coveo.com **$6.0M** With 2 others - **Sept** **[eBillme](https://millionrounds.com/company/ebillme)** Venture · US · ebillme.com **$11M** With 3 others - **2005** 1 round - **Jul** **[eXludus Technologies](https://millionrounds.com/company/exludus-technologies)** Seed · CA · techfinance.ca **$1.5M** With 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 listed **2 in all** **[ADCentricity](https://millionrounds.com/company/adcentricity)** Bought by Bee Media **Undisclosed** Apr 2012 **[Shopit](https://millionrounds.com/company/shopit)** Bought by Atrinsic **Undisclosed** Aug 2009 An exit counts when it came after the firm's first round in the company. From historical deal records. ## The cheque Series A Seed Venture Median round joined **$5.3M** the round, not its cheque Alone, median **$2.9M** Led 0 of 8 rounds **0%** - **Sole investor:** 1 rounds - **Last cheque:** Dec 2012 - **Exits:** 2 from the portfolio Rounds by stage said on their site - Series A *3* - Seed *2* - Venture *2* - Series B *1* Cheques by year Led Joined 2005 2012 Often in the room with - [BDC Capital](https://millionrounds.com/fund/bdc-venture-capital) 3 - [Celtic House Venture Partners](https://millionrounds.com/fund/celtic-house-venture-partners) 2 - [Fonds de solidarite Ftq](https://millionrounds.com/fund/fonds-de-solidarite-ftq) 2 **Pitching Propulsion Ventures?** 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 Propulsion Ventures. A count of rooms they were both in, not a relationship either has claimed. [**BDC Capital** VC firm **3** rounds together](https://millionrounds.com/fund/bdc-venture-capital)[**Celtic House Venture Partners** VC firm **2** rounds together](https://millionrounds.com/fund/celtic-house-venture-partners)[**Fonds de solidarite Ftq** VC firm **2** rounds together](https://millionrounds.com/fund/fonds-de-solidarite-ftq) ## 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. ## 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=propulsion-ventures) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=propulsion-ventures)