Investor Type | Firm |
Type of Fund | Venture Capital Fund |
Industries | Other • Real Estate (& Construction) • LegalTech • Mobility • Restaurants • Woman Focused |
Stages | Seed, Startup, Early Stage, Expansion |
Investing | Canada |
Rhino Ventures is a venture capital firm with a focus on early-stage investment. Operating out of Vancouver, Canada, they target companies poised for significant growth, primarily within the technology sector and specifically those in Western Canada. With a stated mission to back the best entrepreneurs in Canada and around the world, Rhino Ventures aligns itself with businesses that exhibit the resilience and determination embodied by their namesake animal, the rhino. They seek out entrepreneurial ventures that, like rhinos, are tough, thick-skinned, and have scars on their backs from the challenges they have faced, as this is viewed as indicative of what it takes to build a successful company. Rhino Ventures operates a model that supports seed, startup, early-stage, and expansion phases of business development. The firm not only provides equity funding but also positions itself as a long-term partner, sharing expertise and guidance to assist with the operational and strategic growth of their investment companies. Their portfolio includes innovative firms such as Article, a direct-to-consumer furniture brand; FISPAN, which integrates banking services with business ERP and accounting systems; Klue, offering competitive intelligence software; and Thinkific, an online platform designed for course creators to build and market their courses. The approach taken by Rhino Ventures is holistic, and the support they offer extends beyond capital, highlighting a commitment to contribute to a founder's journey to success. Through their recent announcement of a $120M Fund III, Rhino Ventures reiterates its dedication to its investment ethos and the continued support of innovative businesses, reflecting a robust confidence in the future of Canadian entrepreneurialism and tech-centric advancements globally.