Blog


News Pick – Is artificial intelligence the path to economic growth? The Liberals think so – TS


liberals

January 25, 2017 – “WHEN investors gathered in Amsterdam in late 2016 for perhaps the largest annual conference on “impact investing”, the mood was upbeat. The concept of investing in assets that offer measurable social or environmental benefits as well as financial returns has come a long way from its modest roots in the early 2000s. Panellists at the conference included, among others, representatives of two of the world’s largest pension funds, TIAA of America and PGGM of the Netherlands, and of the asset-management arm of AXA, a French insurance behemoth. A niche product is inching into the mainstream.” Read more at theStar



News Pick – “Impact investing” inches from niche to mainstream – Economist


impactinvesting

January 7, 2017 – “WHEN investors gathered in Amsterdam in late 2016 for perhaps the largest annual conference on “impact investing”, the mood was upbeat. The concept of investing in assets that offer measurable social or environmental benefits as well as financial returns has come a long way from its modest roots in the early 2000s. Panellists at the conference included, among others, representatives of two of the world’s largest pension funds, TIAA of America and PGGM of the Netherlands, and of the asset-management arm of AXA, a French insurance behemoth. A niche product is inching into the mainstream.” Read more at the Economist



News Pick – Old-Line Companies Like Wal-Mart and GM Acquire Taste for Tech Startups – WSJ


Ford

December 27, 2016 – “In late 2015, a commuter-shuttle startup caught the attention of Ford Motor Co. executive John Casesa, who runs global strategy for the auto maker. The startup, called Chariot, was growing fast and had an interesting crowdsourced reservation model, a staffer told him, suggesting a meeting.” Read more at the WSJ



News Pick – Ottawa plans to boost spending on new tech from Canadian startups – G&M


18mistakes-graham

December 27, 2016 – “The federal government is looking to boost the amount it contracts out to startups as part of its attempt to spur on Canada’s emerging technology sector and create economic growth.

Ottawa earmarks just $30-million of its vast $18-billion annual procurement budget to buy new technologies from startups through its Build in Canada Innovation Program (BCIP).” Read more at the Globe and Mail



News Pick – Airbnb, Uber, Snap Aim to Show They’re More Than One Hot Product – WSJ


18mistakes-graham

December 11, 2016 – “At Airbnb Inc.’s splashy conference in downtown Los Angeles last month, Chief Executive Brian Chesky declared his company would “make travel magical again.”” Read more at the WSJ



News


Meta Inc. rode a wild rollercoaster of a startup, and then Chan Zuckerberg came along


Financial Post – Feb 6, 2017 –“…Step One, said Zuckerberg, is to develop transformative medical technologies that would enable researchers to view old problems new ways – just as microscopes helped scientists understand infectious diseases. In late January, the CZI announced the first phase of this effort – the acquisition of Toronto-based Meta Inc., a six-year-old, 22-person company committed to making medical research more accessible for researchers around the world… Meta has seen highs and lows: learning business through an accelerator program, forging partnerships with publishing giants, seeking investors, surviving sales droughts. Just nine months ago, when the company suffered a cash-flow crunch, Meta’s investors had to decide whether or not to pony up more capital.

The company’s longest-serving investor group, iGan Partners, reinvested to give Meta more time to boost revenues – putting it in better shape to receive visitors when Zuckerberg’s team came calling last fall…” (Read more)



CHAN ZUCKERBERG INITIATIVE AGREES TO ACQUIRE TORONTO-BASED AI START-UP, META INC.


iGan Partners is thrilled to announce the pending acquisition of its portfolio company, Meta, by the Chan Zuckerberg Initiative. Launched in 2015 by Mark Zuckerberg and Dr. Priscilla Chan, the Chan Zuckerberg Initiative is dedicated to advancing human potential and promoting equal opportunity, with a current focus on scientific research, education, and building strong communities. The goal of their science initiative is to cure, prevent, or manage all diseases by the end of this century.

Meta is Toronto-based technology company that helps researchers understand what is happening globally in science, and shows them where science is headed. Meta uses artificial intelligence to read the world’s scientific papers, understand what is in them, and deliver their insights to researchers in real time. This information can help researchers and experts make faster progress in all areas of science to accelerate medical advances.

As part of the Chan Zuckerberg Initiative, Meta’s capabilities will get united into a single, powerful tool, and be made available to the entire scientific community. The Chan Zuckerberg Initiative and Meta are committed to offering these tools for free to all researchers.

“We are very pleased to have supported Meta from the beginning and through the ups and downs of a start-up.  We believe the Chan Zuckerberg Initiative is the perfect home for Meta and it will form the backbone of the Chan Zuckerberg Initiative’s goal to make a dent on disease.  We will miss the regular interactions with Sam Molyneux and his team”, said Sam Ifergan, President of iGan Partners.

“We are very excited about what lies ahead”, said Sam Molyneux, Co-founder and CEO of Meta. “Our progress was only possible due to the team, our board, the support of their families and friends, our investors, and the Canadian start-up system.”

Meta’s earliest backers include iGan Partners who led the seed round and has participated in every financing since. Other investors include Rho Canada Ventures, Solina Chau (Horizons Ventures), Lev Leviev (Everline Investments) and many angels.

About iGan Partners (Rowanwood Ventures)

iGan Partners is a Toronto-based venture capital firm that invests in emerging tech companies with a focus on B2B SaaS, and Digital Health. iGan Partners invests in dynamic management teams, empowering them to build impactful businesses by providing smart capital, a unique active management approach and exclusive access to a network of industry partners and sector specific co-investors to help them succeed. (iganpartners.com)



Exact Imaging Raises $21.5M


Betakit – Jan 5, 2017 –“Tronto-based Exact Imaging, which develops high-resolution micro-ultrasound systems that enable real-time imaging and biopsy guidance for the prostate, has raised a $21.5 million Series C round.

The round was co-led by Lumira Capital and Vesalius Biocapital, with participation from new investors including Participatiemaatschappij Vlaanderen PMV from Brussels, Belgium, and existing investors including iGan Partners (the company was co-founded by iGan managing partner Sam Ifergan) and Rowanwood Ventures…” (Read more)



iGan Partners names Kuljeev Singh, Principal


Toronto – Friday, December 5, 2016 – iGan Partners (Rowanwood Ventures), an early stage venture capital fund focused on B2B SaaS and Digital Health companies, announced today that Kuljeev Singh has been named Principal at iGan. This nomination helps crystalize the hard work and dedication Kuljeev has shown towards helping iGan’s portfolio companies succeed, and paves the way for future growth.


Kuljeev has a Bachelor of Mathematics (Honors) from the University of Waterloo. He has several years of venture capital and private equity experience investing in early stage tech companies. Kuljeev has been a part of the iGan team since 2012, when he joined as an Associate and has been instrumental in the development of the fund. Over the years, he has worked closely with several of iGan’s portfolio companies in both software and digital health sectors. He also serves as a Director or Observer on the boards of various portfolio companies. Kuljeev has been on the other side of the table as an operator and is an active advisor to various early stage SaaS, internet and Digital Health companies.


“KJ has been a great addition to our team in helping build the iGan brand by attracting and supporting top-tier entrepreneurs and companies.  We are very happy to have him play a more important role within the organization.” – Sam Ifergan, President & Managing Partner

iGan Partners, with its sister fund Rowanwood Ventures, is managing eleven portfolio companies, while partnering with a sophisticated group of co-investors. This is an excellent time to grow and invest more capital into the Canadian start-up community, as well as catalyze the growth of the most innovative tech companies around.


About iGan Partners (Rowanwood Ventures)


iGan Partners, along with its sister fund Rowanwood Ventures, invests in emerging tech companies. With a focus on B2B SaaS, and Digital Health, we invest in dynamic management teams, empowering them to build impactful businesses. We have built large successful companies and understand the challenges facing growing businesses, having faced them ourselves. We provide early stage companies with smart capital, a unique active management approach and exclusive access to a network of industry partners and sector specific co-investors to help them succeed.



iGan Partners is looking for an Analyst


Overview

iGan Partners is seeking an Analyst to support the iGan deal team with research, analysis, due diligence and support on new and existing investment opportunities.


Responsibilities 

The Analyst is expected to perform a broad range of duties including:


Qualifications


To Apply

Please submit a cover letter and resume to [email protected]

iGan Partners thanks all candidates for their interest. Only those selected for an interview will be contacted.


About iGan Partners

iGan Partners, along with its sister fund Rowanwood Ventures, invests in emerging tech companies. With a focus on Digital Health and B2B SaaS, we invest in dynamic management teams, empowering them to build impactful businesses. We have built large successful companies and understand the challenges facing growing businesses, having faced them ourselves. We provide early stage companies with smart capital, a unique active management approach and exclusive access to a network of industry partners and sector specific co-investors to help them succeed.



iGan Partners, along with its sister fund Rowanwood Ventures, invests in emerging tech companies.
With a focus on Digital Health and B2B SaaS, we invest in dynamic management teams, empowering them to build impactful businesses. We have built large successful companies and understand the challenges facing growing businesses, having faced them ourselves. We provide early stage companies with smart capital, a unique active management approach and exclusive access to a network of industry partners and sector specific co-investors to help them succeed.

Approach


Early Stage

We build lasting partnerships with founders and managers of great businesses. These partnerships are formed after the company has raised some seed capital, developed proof of concept or obtained market validation. We typically invest in Pre-Series A or Series A rounds and reserve capital for follow-on investments.


Growth

We take a unique active management approach with all our portfolio companies. With a strong network of industry partners and co-investors, we ensure our portfolio companies have the sufficient funds and network that will support their growth to a successful exit. We provide ongoing advice, help build management teams, and secure key customers when needed.

Sectors


Internet & Software

Data-driven SaaS and B2B platforms.


Digital Health

Healthcare IT and Medical devices

Augur

Powerful web technology that helps businesses identify devices, and consumers across devices.

eSight

Breakthrough electronic eyewear that enable the legally blind to actually see.

Exact Imaging

World's first high frequency micro-ultrasound that provides unmatched resolution to visualize, detect and treat prostate cancer.

FlipGive

Sports fundraising and marketing platform that allows sports teams to raise funds and brands to acquire customers.

LimeLight Platform

Live marketing and automation platform, enabling data collection, microsites, email campaigns and more.

Meta

Big-data company that uses machine intelligence to solve core research information challenges for academics and industries.

Moleculight

Handheld optical imaging device that enables the visualization of bacteria in real-time at the point of care.

Quandl

Search engine for numerical data that offers access to millions of financial, economic, and social datasets.

Scenedoc

Mobile investigation and field documentation platform for public safety and law enforcement agencies.

Think Research

Knowledge-based platform offering tools and leading clinical content for clinicians to provide the best evidence-based care.

Vemba

Intelligent video exchange and recommendation platform for digital publishers, content creators and brands.

Meet Our Team




Team Member

Sam Ifergan

President & Managing Partner

Team Member

Geoff Matus

Venture Partner

Team Member

Michael Stein

Venture Partner

Team Member

Michael Aron

Venture Partner

Team Member

Javier Flores

Venture Partner

Team Member

Olivier Giner

Vice President & Principal

Team Member

Kuljeev Singh

Principal

Team Member

Alexandre Nossovskoi

Analyst

Team Member

Claudia Jimenez

Business Operations Manager

Team Member

Sachin Aggarwal

CEO - Think Research

Team Member

Nawar Alsafar

Co-Founder & CEO - Augur

Team Member

Jonah Midanik

Founder & CEO - LimeLight Platform

Team Member

Alex Kottoor

Co-Founder & CEO - Scenedoc

Team Member

Garrick Tiplady

CEO - Vemba

Team Member

Brian Mech

President - eSight

Team Member

Sam Molyneux

Co-Founder & CEO - Meta

Team Member

Craig Kennedy

CEO - MolecuLight

Team Member

Randy AuCoin

President - Exact Imaging

Team Member

Tammer Kamel

Co-Founder & CEO - Quandl

Team Member

Mark Bachman

Co-Founder & CRO - FlipGive

Let’s Chat

The best way to connect with us is through people who we know and trust – either fellow entrepreneurs, investors that have invested with us or industry professionals that know us well.






You can also reach us directly via email at [email protected]


Toronto Office

60 Bloor St. W, 9th Floor

Toronto, Ontario, Canada

M4W 3B8

(416) - 925 - 2433




 

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