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About
BCF Ventures, a Canadian Corporate Venture Capital (CVC) Fund, invests in tech startups primarily at the seed/seed+ stage in North America and occasionally in Europe/Israel. They prioritize disruptive technologies, requiring key scientific or technological innovations leading to intellectual property rights, focusing on B2B Cloud & SaaS Enterprise startups. Founded as a spin-off of BCF Business Law Firm, renowned in Québec's business law, BCF Ventures offers strategic consulting to clients, benefiting from deep roots in the business and entrepreneurial community.
Industry
Sector Agnostic
Program Type
Venture Capital (VC)
Stage
Seed
Early Stage
Requirments
Pitch Deck
Business Plan
Financial Projection
Traction
More Info
Info
Services
Criteria
Sectors (More detailed)
We believe in the future of B2B Cloud & SaaS Intelligent Enterprise software leveraging Artificial Intelligence, Big Data, Business Intelligence, Business Analytics, and Security. While we invest across industries, we pay special attention to Healthcare & Transportation, Logistics & Supply Chain, Regulatory technology (Finance, Legal), and Enterprise Software.
Location
We invest primarily in Canadian and US companies. We occasionally invest in companies based in Europe or Israel, but those companies must meet an even higher bar.
Check Size
Our typical first investment check is around $125k. We don't act as lead investors in the first round. We will take a minority position in the first initial round. We will always ask for pro-rata rights to potentially invest in future rounds at larger amounts.
Round Size
Almost all of our investments go into rounds totaling $1M-$5M. Participation in smaller rounds requires companies to have highly disruptive technologies with exceptional progress.
Valuation
Traction, growth curve, and unit economics are the most important factors to determine specific valuations. While we invest in companies with valuations up to $10M, it needs to be justified with exceptional metrics and technology.
Cash Burn
We have a very strong bias towards companies with low cash burns. We also prefer a funding round where our participation usually yields at least 18 months of runway.
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