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Business Development Bank of Canada Portfolio Companies

Investor actively backing innovative startups and growth-stage companies across various industries and funding rounds.

Last updated: July 2026

Business Development Bank of Canada Investment Overview

Portfolio Companies
198
Total Invested
$2.4B
Average Investment
$21.1M

Business Development Bank of Canada's Most Recent Investments (2020+)

Company NameFoundedFunding StageAmountCity
Budge Studios2021Series UnknownUndisclosedMontréal
CXsphere2021Seed$350KMississauga
Relogix2020Series AUndisclosedOttawa
Aifred Health2020Seed$4.0MMontréal
Kenota Health2020Series A$9.0MKitchener
CalendarHero2020Series Unknown$453KToronto
Food.ee2020Series Unknown$9.6MVancouver
Hoppier2020Pre-Seed$500KOttawa
Reshift security2020Seed$275KOttawa

Complete List of Business Development Bank of Canada Portfolio Companies (198)

Export
#CompanyStageAmountLocation
176Budge StudiosSeries UnknownUndisclosedMontréal, Canada
177CXsphereSeed$350KMississauga, Canada
178RelogixSeries AUndisclosedOttawa, Canada
179Aifred HealthSeed$4.0MMontréal, Canada
180Kenota HealthSeries A$9.0MKitchener, Canada
181CalendarHeroSeries Unknown$453KToronto, Canada
182Food.eeSeries Unknown$9.6MVancouver, Canada
183HoppierPre-Seed$500KOttawa, Canada
184Reshift securitySeed$275KOttawa, Canada
185Social NatureSeed$1.3MVancouver, Canada
AndroidAppsChildreniOSMobile

Budge Studios develops mobile applications to entertain and educate children.

Montréal, Canada
March 2021
Series Unknown

Founder Contacts

19,000+ verified contacts

AnalyticsArtificial Intelligence (AI)Big Data

CXsphere is a commerce intelligence platform for B2C organizations and individuals connecting with each other.

Mississauga, Canada
January 2021
$350K
Seed

Founder Contacts

19,000+ verified contacts

AnalyticsBusiness IntelligenceInformation ServicesInformation TechnologyReal EstateSaaSSoftware

Relogix combines the latest in sensor technology with traditional corporate real estate data sources.

Ottawa, Canada
December 2020
Series A

Founder Contacts

19,000+ verified contacts

Health CareMental Health

Aifred Health is a Montreal-based healthtech startup that helps clinicians make better treatment decisions in mental healthcare.

Montréal, Canada
December 2020
$4.0M
Seed

Founder Contacts

19,000+ verified contacts

BiotechnologyHealth CareHealth DiagnosticsMedical

Kenota Health develops next-generation diagnostic tools intended to be used for allergy testing in humans.

Kitchener, Canada
December 2020
$9.0M
Series A

Founder Contacts

19,000+ verified contacts

Meeting SoftwareProductivity ToolsSchedulingSoftwareVirtual Assistant

CalendarHero is the fastest and easiest way to schedule all meeting types

Toronto, Canada
August 2020
$453K
Series Unknown

Founder Contacts

19,000+ verified contacts

AppsE-Commerce

Food.ee is a fun and simple service which delivers meals, snacks, cakes and alcohol to your office.

Vancouver, Canada
July 2020
$9.6M
Series Unknown

Founder Contacts

19,000+ verified contacts

ProcurementSmall and Medium Businesses

Hoppier provides stipend management software that helps users send virtual rewards and incentives.

Ottawa, Canada
April 2020
$500K
Pre-Seed

Founder Contacts

19,000+ verified contacts

ComputerSoftwareWeb Development

Reshift security helps modern software development teams to write more secure software.

Ottawa, Canada
January 2020
$275K
Seed

Founder Contacts

19,000+ verified contacts

CommunitiesConsumerConsumer GoodsLifestyleMarketing

Social Nature is a social product sampling community that helps people #trynatural.

Vancouver, Canada
December 2019
$1.3M
Seed

Founder Contacts

19,000+ verified contacts

AppsHealth CareMedicalWellness

MedHelper provides mobile medication reminder services.

Pointe-claire, Canada
December 2019
$1.4M
Seed

Founder Contacts

19,000+ verified contacts

Financial ServicesForeign Exchange TradingInformation Technology

TickTrade Systems is a provider of next-generation, end-to-end FX trading and payments solutions.

Toronto, Canada
November 2019
Series Unknown

Founder Contacts

19,000+ verified contacts

ComputerInfrastructureNetwork SecurityWireless

Sera4 is a computer & network security company.

Waterloo, Canada
November 2019
$1.5M
Series Unknown

Founder Contacts

19,000+ verified contacts

EnergyHome RenovationInformation TechnologyInsuranceSales AutomationSoftwareSolarWeb Apps

Sofdesk offers web application solutions for solar installation, roofing, and insurance companies.

Montréal, Canada
October 2019
$5.7M
Series B

Founder Contacts

19,000+ verified contacts

CSS Group is a newly formed holding company enagaged in providing field services to Canadian government organizations.

Carp, Canada
August 2019
$800K
Debt Financing

Founder Contacts

19,000+ verified contacts

Telecommunications

Renaissance Repair and Supply is the technology solutions.

Ottawa, Canada
August 2019
$2.9M
Series Unknown

Founder Contacts

19,000+ verified contacts

Artificial Intelligence (AI)CollaborationCyber SecurityData Center AutomationMachine LearningProductivity ToolsSecuritySoftware

Delve Security develops and provides a complete, automated, AI-Driven vulnerability management solution.

Montréal, Canada
June 2019
Series Unknown

Founder Contacts

19,000+ verified contacts

Consumer ElectronicsFitnessMedical Device

Spring Loaded Technology is a production company that designs and develops knee braces to reduce joint stress and improve patient mobility.

Dartmouth, Canada
June 2019
Series Unknown

Founder Contacts

19,000+ verified contacts

AnalyticsBig DataConsultingCustomer ServiceInformation TechnologyNatural Language ProcessingSoftwareText Analytics

Keatext synthesizes large volumes of unstructured feedback data from multiple channels to produce one comprehensive custom dashboard.

Montréal, Canada
April 2019
Seed

Founder Contacts

19,000+ verified contacts

Artificial Intelligence (AI)Public SafetySecuritySoftware

EhEye understands the importance of effective security.

Saint John, Canada
May 2018
$200K
Product Crowdfunding

Founder Contacts

19,000+ verified contacts

Brewing

Glutenberg is a brewing distributing company that distributes gluten free beers.

Quebec, Canada
December 2017
$2.5M
Private Equity

Founder Contacts

19,000+ verified contacts

Building MaterialConstructionHardwareManufacturingWholesale

Les Entreprises Longpré manufactures and sells precast concrete toppings on wooden structures

Sherbrooke, Canada
December 2017
$500K
Series Unknown

Founder Contacts

19,000+ verified contacts

InternetMobileTelecommunicationsWireless

BLINQ Networks is a technology company that provides wireless technologies and solutions to facilitate mobile broadband services.

Ottawa, Canada
October 2015
$2.7M
Debt Financing

Founder Contacts

19,000+ verified contacts

Showing 176-198 of 198 portfolio companies

Frequently Asked Questions About Business Development Bank of Canada

How many companies has Business Development Bank of Canada invested in?

Business Development Bank of Canada has invested in 198 companies tracked in our database. The portfolio spans multiple industries and funding stages, from seed-stage startups to late-stage companies.

What industries does Business Development Bank of Canada invest in?

Business Development Bank of Canada's top investment sectors include Software, Information Technology, Apps, Analytics, Artificial Intelligence (AI). The firm invests across 66 different industry categories.

What is Business Development Bank of Canada's largest investment?

Among tracked funding rounds, Food.ee received $9.6M in a Series Unknown round. Business Development Bank of Canada's total known invested capital is $2.4B.

What is the average investment size for Business Development Bank of Canada?

Business Development Bank of Canada's average investment size is $21.1M across its portfolio of 198 companies.

What are Business Development Bank of Canada's most recent investments?

Recent Business Development Bank of Canada portfolio additions include Budge Studios, CXsphere, Relogix, Aifred Health, Kenota Health. These companies were founded in 2020 or later.

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