TIMIA Capital Corp

About The Fund

TIMIA Capital Corp is a venture capital firm that specializes in providing non-dilutive financing solutions, specifically in the form of debt capital, to B2B recurring revenue technology businesses. With headquarters in Vancouver, British Columbia, Canada, they target companies that demonstrate a proven product-market fit, are based in the U.S. or Canada, have at least $2 million in annual recurring revenue, and are experiencing growth with capital efficient practices. Their investment thesis revolves around supporting software as a service (SaaS) companies while preserving the ownership and control for the entrepreneurs. TIMIA offers Interest Only loans with terms of 2-3 years that can potentially convert to Amortized loans, which have terms of 3-6 years and feature risk-adjusted rates that recognize the unique characteristics of each company. This is particularly advantageous for those seeking to grow their valuations or finance growth without equity dilution. Loans provided can range from $500k to $10 million, which can be used for various purposes such as scaling sales and marketing efforts, acquiring new intellectual property, or cleaning up capital tables. Their financial services also include flexible repayment plans, no board seat requirements, and transparent, straightforward loan structures. TIMIA promotes a tech-enabled lending process showcasing their expertise in royalties and a record of investment in over 80 portfolio companies since 2015, leading to 35 early exits and an average portfolio company revenue growth of 57% year over year. TIMIA's entrepreneurial flair is reflected in their team composition, which includes financial services experts with entrepreneurial experience, emphasizing their commitment to the best interests of their business partners.