BCF Ventures

What is BCF Ventures?

BCF Ventures is a corporate venture capital fund that actively invests in a diverse range of early-stage technology-based startups, predominantly within Canada, the United States, and selectively in Israel and Western Europe. With a headquarter located at 1100 Boulevard Ren-Lévesque O, Montréal, Québec, this fund primarily operates in the fields of Software, AgroTech, Business Solutions, FinTech, Hardware, IoT, A.I., Web Security, Analytics, Cloud Services, Logistics, Consumer, and others.

Operating as a spin-off of BCF Business Law Firm since June 1st, 2018, BCF Ventures has specialized in pre-seed, seed, and Series A funding rounds, considering a 'sweet spot' investment of around $1,500,000, while being flexible with a range from a minimum of $100,000 to a maximum of $5,000,000 within their overall $12,000,000 assets under management.BCF Ventures champions disruptive technologies, particularly emphasizing their potential to transform or significantly improve operations in traditional industries.

Its portfolio companies are expected to demonstrate some level of scientific or technological innovation that is fundamental for the creation of intellectual property rights.

It has a strong interest in B2B Cloud & SaaS solutions that integrate features such as Artificial Intelligence, Big Data, Analytics, and Security, and shows a special focus on sectors like Finance, Healthcare, Education, Logistics & Supply Chain, Advanced Manufacturing, Transportation, and Aerospace.When assessing investment opportunities, BCF Ventures pays close attention to the team composition, requiring at least two full-time founders with at least one having a technical background, in addition to strong advising backing with equity.

In terms of financial criteria, they prioritize low cash burn rates, ensuring at least 18 months of runway, and typically invest in funding rounds between $1M and $5M, with first investments around $125K without leading the round, maintaining pro-rata rights for future investments.

They also participate in the Government of Canada's Start-Up Visa Program, supporting international startups.

Valuations, traction, growth curve, and unit economics are vital for the determination of specific investments, with B2B businesses usually expected to have a demonstrable ability to acquire customers economically at scale.

What they say:

We invest in B2B Cloud & SaaS Enterprise startups leveraging the power of Artificial Intelligence, Big Data, Analytics and Security. While we invest across industries, we have special attention to Finance, Healthcare, Education, Logistics & Supply Chain, Advanced Manufacturing, Transportation, and Aerospace.We are passionate about disruptive technologies and the business opportunities that these create. We are looking for innovation pioneers challenging the status quo in traditional sectors, or dramatically improving legacy processes. The companies we fund must have some type of key science or technological innovation leading to the development of intellectual property rights.