Investor Profile: Round13 Capital — Thesis, Cheque Size & How to Apply

Round13 Capital funding is a serious option for Canadian technology companies ready to scale. If you are wondering how to get funding from Round13 Capital, this Toronto-based venture and growth equity firm backs proven, high-potential companies for the long term. Founded in 2013, Round13 Capital invests across Canada with approximately $700 million in assets under management, according to a 2024 Legal 500 profile of the firm.

Round13 Capital funding: thesis and sectors

Round13 Capital describes itself as a venture and growth equity investment company focused on high-potential companies across a range of sectors. Its stated specialisms are software, tech-enabled services and digital transformation — investing in legacy businesses and deploying technology to drive growth and efficiency. Rather than chasing macro trends, the firm says it develops investment themes and then conducts detailed bottom-up diligence. Its sector coverage includes vertical software, e-commerce, tech-enabled services, disruptive retail and artificial intelligence. A good illustration is healthcare: after spending time studying the sector, Round13 Capital led PocketHealth's $45 million Series B in early 2024. PocketHealth gives patients access to and control over their health records while streamlining how providers share medical imaging.

Fund size and cheque size

Round13 Capital reported approximately $700 million in assets under management in 2024. Its Round13 Fund III announced a $200 million first close, with the fund targeting venture and growth-stage equity investments across the Canadian technology ecosystem and hold periods of five to ten years. A standard cheque size is not publicly disclosed on the firm's official site; its materials point to growth-stage rounds for companies with real traction. Round13 Capital also runs a dedicated digital asset fund, which raised US$70 million towards an initial US$100 million target for blockchain and digital asset markets, and it owns TIMIA Capital, which provides flexible debt capital to growing technology businesses.

Notable portfolio companies

The firm's portfolio spans some of Canada's best-known technology names. It has backed Wealthsimple, the Canadian financial services platform, and StackAdapt, the advertising technology company. Healthcare names include PocketHealth and Juno Veterinary. Other portfolio companies include RealServus, Canada's tech-enabled real estate company, Statflo, MapsPeople and TIMIA Capital. TouchBistro, the restaurant management platform, was among its portfolio companies before its acquisition.

Partners and team

Round13 Capital was co-founded by Bruce Croxon and John Eckert to address the lack of funding available to growth-stage digital companies in Canada. Brahm Klar and Wilson Lee serve as managing partners and run the day-to-day operations of Round13 Fund III. The wider investment and operations team includes principal Miranda Ferris and director of investment Jack Bulger. Amin Lalani is a venture partner leading the firm's entrepreneurship-through-acquisition strategy, backing operators who acquire and run enduring businesses.

How to apply for funding

There is no public application portal with a fixed form: founders approach Round13 Capital through its official website, round13.com, and a warm introduction from a portfolio founder, co-investor or advisor is the strongest route in. Come prepared with evidence of product-market fit, a credible growth plan, and a clear explanation of why growth-stage capital — rather than another early-stage round — is the right fuel now.