About TELUS Ventures
TELUS Ventures is a venture capital firm founded in 2001. It is primarily based out of Vancouver, Canada. As of Oct 2024, TELUS Ventures is an active investor, having invested in 53 companies, with 5 new investments in the last 12 months. It primarily invests in Seed round in Canada based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to High Tech and Food and Agriculture Tech. Most recently it led the Undisclosed Seed round of Rhino.
Overall, TELUS Ventures portfolio has seen 1 IPO and 19 acquisitions including key companies like Mogo, Taulia and Ruckus Wireless. A lot of funds co-invest with TELUS Ventures, with names like Visa sharing a substantial percentage of its portfolio.
TELUS Ventures has team of 7 people including 3 partners.
Key Metrics
Team Members
, &
Portfolio Count
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed, Series A &
Portfolio IPOs
Portfolio Acquisitions
ISmash, &
Portfolio Soonicorns
Deals in last 12 months
TELUS Ventures' Year-on-Year Investment Trends
TELUS Ventures has invested in 53 companies over the last 24 years, with an average of 3 new investments annually in the last 10 years. In 2024, it made 7 investments. Its most recent first time investment was in Rhino and most recent follow-on round was in AgriWebb.
Year | No. of Investments | ||
|---|---|---|---|
1stÌý¸é´Ç³Ü²Ô»å | Follow-on | Total | |
2025 (YTD) | 0 | 0 | 0 |
2024 | 6 | 1 | 7 |
2023 | 5 | 0 | 5 |
2022 | 3 | 1 | 4 |
2021 | 7 | 1 | 8 |
2020 | 3 | 0 | 3 |
2019 | 6 | 2 | 8 |
2018 | 3 | 0 | 3 |
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TELUS Ventures' Investment Trends by Stage
TELUS Ventures has made 12 investments in Seed stage, 12 investments in Series A stage, 11 investments in Series B stage, 10 investments in Series C stage and 1 investment in Series D stage.Note: We have considered here, only first round of investments
Stage of entry | No. of Investments |
|---|---|
Seed | 12 |
Series A | 12 |
Series B | 11 |
Series C | 10 |
Series D | 1 |
TELUS Ventures' Investment Trends by Sector
TELUS Ventures has a diverse portfolio, with companies operating in the Enterprise Applications, High Tech, Vertical SaaS, Artificial Intelligence - Industry Applications and HealthTech. Notably, it has invested in 45 Tech companies, 42 Enterprise (B2B) companies, 33 Software companies and at least 19 companies focusing on Saas.
Note: We have considered here, only first round of investments
Sector | No. of Investments |
|---|---|
Enterprise Applications | 26 |
High Tech | 18 |
Vertical SaaS | 12 |
Artificial Intelligence - Industry Applications | 9 |
HealthTech | 9 |
Others | 84 |
TELUS Ventures' Investment Trends by Geography
TELUS Ventures has made most investments in Canada (24), followed by United States where it has made 16 investments.
Note: We have considered here, only first round of investments
Country | No. of Investments |
|---|---|
Canada | 21 |
United States | 15 |
United Kingdom | 5 |
Australia | 2 |
India | 2 |
Others | 4 |
TELUS Ventures' recent investments
Here are the most recent investments by TELUS Ventures:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Oct 31, 2024 | United States | Seed | Undisclosed | - | |
Aug 08, 2024 | Canada | Seed | $4.6M | [+3] | |
Jul 31, 2024 | United States | Series A | $21.5M | [+11] | |
Jul 22, 2024 | United States | Series B | $20.5M | [+5] | |
Jun 24, 2024 | Sweden | Series C | $21.4M | [+2] |
Get the detailed list of all investments by TELUS Ventures. Download now!IPOs and Publicly Listed companies in TELUS Ventures' Portfolio
Here are TELUS Ventures' portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jun 25, 2015 | - | - | - |
Acquired companies in TELUS Ventures' Portfolio
Here are TELUS Ventures' portfolio companies that got acquired most recently:
Team profile of TELUS Ventures
TELUS Ventures has a team of 7 membersÌýincluding 3 PartnersÌýlocated in Canada. TELUS Ventures' team does not sit on the board of any company as of now.Here is a list of all team members in TELUS Ventures:
Name | Designation | Location | Board Memberships | Contact details |
|---|---|---|---|---|
Partner | Vancouver | - | ||
Partner | Toronto | - | ||
Partner | Toronto | - | ||
Associate | Toronto | - | ||
Associate | Canada | - | ||
Associate | Vancouver | - | ||
Analyst | Canada | - |
Get the full list of TELUS Ventures' team & partners for free. Download now!Co-investors of TELUS Ventures
Over the past 24 years, 337 investors have co-invested in TELUS Ventures's portfolio companies.
- Invested before TELUS Ventures:ÌýBDC, Real Ventures and 189 others have invested in rounds before TELUS Ventures. There are 4 companies where BDC has invested before TELUS Ventures and 3 companies where Real Ventures has invested before TELUS Ventures.
- Top Co-investors of TELUS Ventures:Ìý80 investors entered a company along with TELUS Ventures. These include investors like Visa (2 companies).
- Invested after TELUS Ventures:ÌýA total of 66 investors have invested in TELUS Ventures's portfolio after their investments. Top Investors include Royal Bank of Canada (2 companies), Telus (2 companies) and BMO (2 companies).
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