CALGARY / VANCOUVER - February 20, 2018: Four years ago, two visionaries began the process of reducing barriers for Canada’s early stage companies accessing growth capital. They each developed unique models to tackle this challenge, working closely with securities regulators and gaining buy-in from the early stage ecosystem. They have now come together to leverage their experience and momentum and help more companies and investors throughout Canada.
One, Sandi Gilbert, developed a suite of technologies that simplified the complexities of capital creation and management with a focus on the angel investing community. The SeedUps platform, and its deal flow app AngelBot, has showcased over 50 companies to its angel network; and DealPoint, a SaaS solution for the private capital markets, has transacted over $4 million in exempt investment since its launch late last year. Next up - a blockchain solution where entrepreneurs and investors can manage their shareholdings post raise.
The other, Peter-Paul Van Hoeken, created FrontFundr, a national Exempt Market Dealer with a proprietary online platform that democratizes Canada’s private capital markets by allowing all Canadians to invest in early stage and growing private companies. FrontFundr has emerged as Canada’s clear leader, having assisted more than 20 companies to raise a combined total of over $8M from a wide range of Canadian investors - not just the 1%. This initiative has unlocked capital across Canada and broadened investor access to a multitude of opportunities.
SeedUps and FrontFundr have now partnered to provide entrepreneurs with a full suite of tools to access the resources and capital they need to grow and scale their businesses. This partnership will help entrepreneurs prepare for and engage with a wide range of new investors; from retail to angels to institutions and investment funds - online and offline. Post investment technologies to help companies and their shareholders better manage their investments will bring transparency to private investing overall.
“Peter-Paul and I have long had similar visions to help entrepreneurs access capital in what we call the ‘funding gap’”, states Gilbert. “By matching our resources with an entrepreneur’s needs, we can increase the probability of a successful outcome for the entrepreneur and its investors”.
“This partnership supports our joint mission to truly democratize investing in private companies in Canada. We are bringing together professional venture capital and everyday Canadians to invest in companies that they believe in” says Van Hoeken".
Entrepreneurs are an essential contributor to the Canadian economy, with small business representing over 98% of businesses in Canada. New models of support and access to capital are critical for Canada’s growth.
For further information, please contact: Sandi Gilbert at email@example.com or Peter-Paul Van Hoeken at firstname.lastname@example.org