About Adventure Capital
Adventure Capital is a venture capital firm founded in 2003. It is primarily based out of Calgary, Canada. As of Sep 2021, Adventure Capital has invested in 25 companies. It primarily invests in PE round in Canada based startups. Its investments are spread across a wide range of sectors from Retail to Enterprise Applications and Consumer. Most recently it participated in the $***** Series A round of Social Asset Management Overall, Adventure Capital portfolio has seen 1 IPO and 1 acquisition, namely Katipult and Pandell. A lot of funds co-invest with Adventure Capital, with names like The Associated Press sharing a substantial percentage of its portfolio. Adventure Capital has team of 3 people including 2 partners.Key Metrics
Team Members
Portfolio Count
Portfolio Sectors
Portfolio Locations
Rounds of Entry
PE & Seed
Portfolio IPOs
Portfolio Acquisitions
Adventure Capital's List of Top Investments
Adventure Capital has a portfolio of 25 companies. Their most notable investments are in Nipika and Social Asset Management.Their portfolio spans across Canada and United States. They have invested in Retail, Enterprise Applications, Consumer and 13 other sectors, across stages such as PE, Seed stages. Here is the list of top investments by Adventure Capital:
1. ZayZoon
Provider of an online financial benefits platform for on-demand pay. Platform feature allows employees to access their earned wages on-demand. It offers financial education and tools to help employees manage their finances and also provides perks for employees. It can be integrated with the payroll management system.
Key facts about ZayZoon
- Founded Year: 2014
- Location: Calgary (Canada)
- Stage: Series B
- Total Funding till date: $80.5M
- Employee Count: 55 as on Jul 01, 2024
- Investors: Export Development Canada, Prairie Merchant and 11 Others
- Latest Funding Round: Series B, Mar 26, 2024, $*****
- Highlight: Editors' Pick
Provider of conversational market research technology and insight communities. The platform enables organizations to create mobile agile communities of customers, fans, and employees to engage for insight. It allows users to create conversational surveys that can be deployed through social media and messaging apps.
Key facts about Rival Technologies
- Founded Year: 2017
- Location: Vancouver (Canada)
- Stage: Series A
- Total Funding till date: $6.51M
- Employee Count: 65 as on Jul 01, 2024
- Investors: Adventure Capital and The51
- Latest Funding Round: Series A, Jul 17, 2019, $*****
- Highlight: Editors' Pick
Key facts about Virtual Gurus
- Founded Year: 2015
- Location: Calgary (Canada)
- Stage: Series A
- Total Funding till date: $10.4M
- Employee Count: 135 as on Jul 01, 2024
- Investors: Telus, Accelerate Fund and 3 Others
- Latest Funding Round: Series A, Mar 15, 2022, $*****
4. Provision
Provider of food safety and risk management for restaurant businesses. The platform provides a dynamic digital form with translation, autofill, and errors checks. The data available in the forms automates inventory and supplier management while providing custom analytics for intelligent process control. The platform allows asset traceability through deep data analysis and compares the outputs for missing information, trends, enabling companies to get insights into the supply chain.
Key facts about Provision
- Founded Year: 2018
- Location: Calgary (Canada)
- Stage: Series A
- Total Funding till date: $6.25M
- Employee Count: 29 as on Dec 31, 2024
- Investors: Builders VC, Serra Ventures and 7 Others
- Latest Funding Round: Series A, Jan 13, 2022, $*****
- Highlight: Editors' Pick
Provider of real-time crisis alerts and early warnings using AI. The system scans public data for anomalies to provide proactive alerts. It offers early warnings and insights ahead of traditional news sources. The alerts can be integrated into operational systems for travel, wellness, supply chain, and safety.
Key facts about Social Asset Management
- Founded Year: 2013
- Location: Edmonton (Canada)
- Stage: Series A
- Total Funding till date: $15.8M
- Investors: Export Development Canada, The Associated Press and 7 Others
- Latest Funding Round: Series A, Sep 29, 2021, $*****
Adventure Capital's Year-on-Year Investment Trends
Adventure Capital has invested in 25 companies over the last 23 years, with an average of 0 new investment annually in the last 10 years. Its most recent first time investment was in Social Asset Management and most recent follow-on round was in Social Asset Management.Adventure Capital's Investments by Stage
Adventure Capital has made 1 investment in PE stage and 1 investment in Seed stage with an average round size of $2.55M.Adventure Capital's Investments by Sector
Adventure Capital has a diverse portfolio, with companies operating in the Enterprise Applications and Travel and Hospitality. Notably, it has invested in 18 Tech companies, 12 Enterprise (B2B) companies, 9 Software companies and at least 7 companies focusing on Consumer (B2C).Adventure Capital's Investments by Geography
Adventure Capital has made most investments in Canada (2).Adventure Capital's recent investments
Adventure Capital has not made any investment in 2026 so far.Here are the most recent investments by Adventure Capital:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Sep 29, 2021 | Canada | Series A | 7278 | McRock Capital [+2] | |
May 07, 2020 | Canada | Seed | 3794 | The Associated Press [+2] | |
Dec 2003 | Canada | PE | 3989 | - |
IPOs and Publicly Listed companies in Adventure Capital's Portfolio
1 of Adventure Capital's portfolio company became public - Katipult. It got listed on the Toronto Stock Exchange (TSX), in Nov 2017 at marketcap of undefinedHere are Adventure Capital's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Nov 15, 2017 | - | - | 4700 |
Acquired companies in Adventure Capital's Portfolio
1 company from Adventure Capital's portfolio has been acquired. The most recent acquisition were Pandell in Jun 2023 by ESG.Here are Adventure Capital's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jun 08, 2023 | - | - | 9721 |
Team profile of Adventure Capital
Adventure Capital has a team of 3 members including 2 Partners and 1 Principal located in Canada and United Kingdom. Adventure Capital's team sits on the board of 6 companies.Here is a list of all team members in Adventure Capital:
Name | Designation | Location | Board Memberships | Contact details |
|---|---|---|---|---|
Partner | Calgary | |||
Partner | London | - | ||
Principal | Canada | Nanoprecise, Rival Technologies and 3 more |
Co-investors of Adventure Capital
Over the past 23 years, 7 investors have co-invested in Adventure Capital's portfolio companies. This includes funds and angels.
- Invested before Adventure Capital: Accelerate Fund and The Associated Press have invested in rounds before Adventure Capital. There is 1 company where Accelerate Fund has invested before Adventure Capital and 1 company where The Associated Press has invested before Adventure Capital.
- Top Co-investors of Adventure Capital: 2 investors entered a company along with Adventure Capital. These include investors like The Associated Press (1 company).
- Invested after Adventure Capital: A total of 3 investors have invested in Adventure Capital's portfolio after their investments. Top Investors include McRock Capital (1 company), HarbourVest Partners (1 company) and Export Development Canada (1 company).
Recent News related to Adventure Capital
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Sam Raises $3.6 Million For Platform That Helps Spot Global CrisesBetaKit•May 07, 2020•Social Asset Management, Adventure Capital, The Associated Press, Accelerate Fund
