November 22, 2015 – “$571 billion. The value of tech deals announced this year world-wide, surpassing the highest full-year level on record. This year’s surge in technology deal-making is doing much to erase the dot-com boom from the record books.” Read full article at WSJ
November 19, 2015 “Square Inc.’s initial public stock offering could prove to be a signpost for technology startups that have long been tapping private investors for deals at lofty valuations. The San Francisco payments startup founded by Twitter Inc. Chief Executive Jack Dorsey jumped 45% in its first day of trading, showing that investors in public markets still crave new tech investments—at the right price. On Wednesday, Square slashed its offering price to $9 a share, putting it millions of dollars below expectations and billions below the value the company was given last year by private investors.” Read full article at WSJ
November 9, 2015 – “There are currently 141 unicorn companies globally…
We looked at all still-private unicorns since 2011 and charted them based on when they first joined the unicorn club. While initially the chart shows unicorns being created at a relatively calm pace, the rhythm accelerates noticeably in late 2013 (right around the time Aileen Lee wrote her famous post coining the term unicorn in November 2013). Since then, there has been an explosion in unicorn creation, with over 60 new unicorns in 2015 alone..” Read full Article at CBInsights
October 8, 2015 – “Canada’s big tech companies used to be hardware makers, but that era is over. Nortel, once a telecommunications and networking-equipment giant, is a memory, and BlackBerry’s phones are an endangered species. From 2009, when Nortel filed for bankruptcy protection, to 2014, the year almost half of BlackBerry’s 85 million subscribers abandoned the phones, the size of Canada’s hardware industry fell 20 percent, to 72,100 jobs, according to the country’s statistical agency.
During that time, though, Canadian software took off. The industry grew 23 percent, to 327,400 jobs, from 2009 to 2014. As Canadian software startups have begun to flourish, U.S. venture firms are looking north more often instead of waiting for the companies to come calling on Sand Hill Road. Canadian venture capital has doubled in five years, to $2.4 billion.” Read the full article at Bloomberg
July 2, 2015 ” ‘As tech groups shy away from IPOs, the wealth created goes only to those with the right access’ … ‘By staying private, there is no need to waste time on sweating over quarterly earnings reports. “In public markets, you can lose the long-term view to focus on the short term,’ says Mr Lin. And with investors lining up to pour cash into companies like Credit Karma, which has sucked in nearly $370m so far, the pressure to conform to Wall Street is off. ‘You can still raise the dollars in relatively short order, and still have the benefits of being a private company.’ ” Read the full article at FT
November 18, 2015 – “Meta, a machine intelligence and big-data-as-a-service company for researchers and scientific industries, today announces $6 million in funding led by Rho Canada Ventures (previous investments include: Figure1 & Chango). Additional investors include Western Technology Investment (Palantir, Google, Facebook), iGan Partners (Quandl, eSight), and angel investors from around the world.
Meta recently launched its AI-powered science information platform, an end-to-end service that enables researchers and scientific industries to navigate the entirety of scientific information (25 million papers with 4,000 new ones published daily) and instantly identify key insights that would normally take days or even weeks to find. The platform currently offers 20 machine intelligent services for four core scientific industries — publishing, life science tools and reagents companies, academia and government agencies.” (Read more…)
November 6, 2015 “People across North America tuned in yesterday to watch one of The Rachael Ray Show’s most emotional episodes ever.
Gene from Denver, CO, has been legally blind for 16 years, but once he turned on his eSight on the show, he saw his beautiful wife, Joy, and baby boy, Lincoln, for the first time in his life!” (watch the video here)
November 5, 2015 “Meta has launched a universal machine intelligence platform to make the information that lives inside the world’s scientific papers discoverable to people and industries throughout the scientific universe.
Formerly called Sciencescape, Toronto’s Meta is a big data company for science and intellectual property.” (more…)
Toronto, ON, September 8, 2015 – In a recent study on angel investing activity in 2014, the National Angel Capital Organization ranked Toronto-based Igan Partners as Canada’s busiest angel group — No. 1 for total capital invested and No. 3 for number of investments.
You’d be forgiven, for not knowing who they are, although they won’t be unknown much longer. Comprised of a group of angels who have been investing together for a decade, Igan Partners is now completing a $50-million raise for a second fund. And at least one of the seven companies in its first fund could become a household name: eSight Corp. produces a high-definition headset that helps the legally blind go back to work, rock-climb, or see their loved ones for the first time. (more…)
Toronto, ON, June 30, 2015 – With the release of the National Angel Capital Organization’s (NACO) 2014 report on the angel asset class in Canada, iGan Partners is ranked first among other angel groups by dollar amount invested. Find the report here
Rowanwood Ventures is an early stage venture capital fund managed by iGan Partners.
With a focus on internet, software, and digital health, we invest in dynamic management teams, empowering them to build impactful businesses. We have been through the process of building 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 build the next big company.
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.
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.
Data-driven SaaS and B2B platforms.
Healthcare IT and Medical devices
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.
1067 Yonge Street
Toronto, Ontario, Canada
(416) - 925 - 2433
Follow us on Linkedin or Twitter