Years ago, Vancouver’s PenderFund Capital Management launched Pender Ventures, a group to accelerate its private investments into disruptive technology companies across Canada. Portfolio companies of Pender’s original fund included MedEd management platform One45—which was acquired by Toronto’s Altus Assessments in 2021. This year, the company announced the first close of Pender Technology Inflection Fund II. The $50 million […]
Pender Ventures
Traction on Demand Spin-off Raises $6.7 Million for RevOps Apps
Port Moody’s Traction Complete has secured a $6.7 million growth financing round led by Vancouver’s Pender Ventures and San-Francisco-based Thomvest Ventures. A spin-out from Salesforce-acquired Traction on Demand and founded by Greg Malpass, Traction Complete is a leader in revenue operations apps native to Salesforce. The company has enabled high-growth organizations like DocuSign and the […]
How To Build A Billion-dollar Business Based On Good Old-fashioned Fundamentals
In the fast and furious world of technology, it’s easy for founders to assume that the amount of venture financing they raise correlates to their company’s long-term value. It’s true that external funding can be a great way to fast-track growth (and keep the lights on). But with seemingly more capital available than ever before, […]
PenderFund Launches Pender Ventures to Invest in Disruptive Tech
Vancouver’s PenderFund Capital Management has launched of Pender Ventures, a new group to accelerate its private investments into disruptive technology companies across Canada. Led by managing partner Maria Pacella, Pender Ventures will serve as the umbrella for all of Pender’s private technology investments with a combined AUM of approximately $100 million. Portfolio companies include Jane, […]