OMERS Ventures

OMERS Ventures

We're OMERS Ventures and we are as passionate about your success as you are about your company. We are looking for like-minded partners who have a shared vision of building a vibrant and successful Canadian knowledge economy.

OMERS Ventures is the venture capital arm of OMERS, one of Canada's largest pension funds with over $53 billion in net assets.

Venture Capital

News on OMERS Ventures

Vision Critical Sells Consulting Business Unit to Clear Path for IPO
According to an article in the Globe and Mail today, Vancouver's Vision Critical has cleared a major hurdle on its path to an initial public offering with the sale of one of its two divisions.... more
Weak Dollar Hindering Canadian Tech Companies, Says VC
The weak Canadian dollar is not helping local technology startups. According to John Ruffolo, the chief executive officer of Omers Ventures in Toronto, our weak currency renders it more... more
Canadian Tech Stocks are Hot Right Now, But That Doesn't Make Investing Easy
With the changing tide of Canadian business, investors may need to adjust their sails. John Ruffolo, the CEO of OMERS Ventures, and Globe and Mail business reporter Sean Silcoff sat down at the... more
Announcing the Winners of the 2015 Canadian Startup Awards
    After six weeks of nominations and voting, the 2015 Canadian Startup Awards have arrived at their climax: the winners. This year we received more than 43,000 votes, an increase... more
Fast-Growing Jobber Competing for Startup of Year
Jobber, an Edmonton startup that streamlines operational tasks for small, mobile businesses, had an explosive 2015: it doubled in employees, completed an $8 million Series A round of funding and... more
$100 Million 'Leaders Fund' Launches, Targeting Enterprise SaaS Companies
A new fund has launched in Canada to make investments in high growth enterprise SaaS companies. The Toronto-based Leaders Fund, with $100 million, is a team of veterans, hailing from Rypple,... more
10 Canadian Startup and Venture Capital Predictions for 2016
Hot on the heels of my 2015 “Grade B” Prediction Scorecard, I’m now looking ahead to 2016; offering a sneak peek into some of the trends and events that may occur for tech and... more
Canadian Startup and Venture Capital Predictions from Last Year – How Did I Do?
Hard to believe an entire year has passed since I penned 10 Canadian Technology Finance Predictions for 2015. After 12 months of incredible innovations from many talented startups and... more
Vote Now for Your Favourite 2015 Canadian Startup Awards Finalists
Voting closes at midnight PST on January 17, 2015. With so many talented entrepreneurs and innovative startups in Canada, Techvibes deemed it a necessity to recognize and celebrate these people... more
Not Much IPO Action Expected in 2016, Says Omers' Ruffolo
Don't expect much fresh action on the public market in 2016, says a leading venture capital firm. According to John Ruffolo, chief executive officer of Omers Ventures, Canadian technology... more
The Power 50: Canada’s Most Powerful Business People
Each year, Canadian Business compiles a list of the executives, entrepreneurs, politicos, and thinkers who are changing the way Canada does business. This year's Power 50 - Canada's Most... more
Jobber Secures $8 Million Round Led by OMERS Ventures
Edmonton's Jobber announced today it has secured a $8 million CAD Series A round of financing led by OMERS Ventures, with participation from existing investors, Version One and Point Nine Capital.... more
Virtual Reality Coming to TIFF Next Year, We Have No Doubt
The Toronto International Film Festival is an annual showcase of the best in world cinema—and this year was no exception. One noticeable addition in 2015 was the presence of leading... more
Bram Sugarman Leaves Omers Ventures for Shopify
Bram Sugarman has left his post at Omers Ventures to join Shopify. At the Ottawa-based company he will hunt for potential acquisitions, according to Bloomberg, as head of corporate development... more
OMERS Ventures Directors Discuss $260 Million Fund II, Opportunities, and Canada
In its four years of existence, OMERS Ventures, an arm of the Ontario Municipal Employees Retirement System (OMERS), has backed some of the most high-profile companies in the Canadian tech sector,... more
A Snapshot of Next-Gen Financial Technologies and Services in Canada
You may have heard that OMERS Ventures recently closed our second fund. We are proud to be working with our valued co-investors, BMO and Cisco Investments, to uncover the next Canadian technology... more
OMERS Ventures Fund II Closes at $260 Million
OMERS Ventures today announced the successful closing of Fund II, its second venture capital fund, with $260 million in commitments. The OMERS pension plan participated alongside co-investors... more
Ottawa's Klipfolio Tracks Digital Sentiment of Leadership Debate
Ottawa's Klipfolio has just created a public dashboard for social media sentiment analysis before, during and after tonight’s leadership debate. The dashboard tracks daily digital sentiment... more
Career Opportunities in Canadian Tech
Are you looking for work in Canada’s growing tech sector? We’ve selected a few from our job board to get you started in your search. OMERS Ventures is looking for a Director,... more
Damien Steel Named Managing Director at OMERS Ventures
OMERS Ventures announced today that Damien Steel has recently been appointed Managing Director. OMERS Ventures was named Venture Capital firm of the year award as part of the 2014 Canadian Startup... more
Canadian Venture Capitalists Give Advice to Entrepreneurs
In the Canadian investment landscape, there are few VCs as adept at funding tech successes as OMERS Ventures, the venture capital arm of OMERS, one of the country’s largest pension funds. In... more
OMERS Ventures: Vancouver's Tech Ecosystem Will Become a Juggernaut
In the Canadian investment landscape, there are few VCs as adept at funding tech successes as OMERS Ventures, the venture capital arm of OMERS, one of the country’s largest pension funds. In... more
LeadSift Raises Venture Capital Round from OMERS Ventures and Salesforce Ventures
LeadSift, a provider of social media intelligence solutions, today announced that Omers Ventures and Salesforce Ventures have invested in the company. The investment will further product... more
Michael Serbinis' LEAGUE Launches New Personal Health Platform
Kobo co-founder Michael Serbinis announced the Canadian launch of personal health platform LEAGUE today. Attracting top preventative health professionals, LEAGUE gives health-conscious consumers... more
MP Calls Tech Companies Unpatriotic, Says Dictatorships 'Best Form of Government'
Just weeks before questioning the patriotism of some of Canada’s most successful tech companies, a Conservative member of parliament said he preferred dictatorships to democracy. Last week,... more
2015: Year of the Community Director for VCs in Canada, Starting with OMERS Ventures
Over the last two years, we’ve seen roles like community director or platform manager surge in the venture capital world via our neighbours to the south. Large firms like Andreessen Horowitz,... more
InteraXon Raises $10 Million in Series B Led By OMERS Ventures
InteraXon has raised $10 million in Series B funding. The round was led by Omers Ventures with participation from Felicis Ventures, Horizons Ventures and Flextronics Lab IX. The Toronto-based... more
The Game of Clouds
A few weeks ago, Amazon announced that it will offer consumers an unlimited cloud storage plan for less than $60 per year. This price reduction wasn’t a huge surprise, as the average price... more
Pressly Raises $2.1 Million from Gibraltar Ventures, iNovia, Omers
Pressly has raised $2.1 million. The round was led by Gibraltar Ventures. Existing investors iNovia Capital and Omers Ventures also participated. Jeff Brenner, CEO of the Toronto startup, says... more
A Visual Guide to Why Omers Ventures Was Named 2014's Venture Capital Firm of the Year
Omers Ventures has invested $250 million in 22 Canadian companies in rounds totalling more than $1 billion in capital raised. Omers, which was 2014's Canadian Venture Capital Firm of the Year,... more
Klipfolio Raises $6.2 Million Series A Round Led by OMERS Ventures
Ottawa's Klipfolio today announced a $6.2 million series A round led by OMERS Ventures and including all the investors from Klipfolio’s 2014 seed round. A Techvibes 20 company, Klipfolio is... more
Which Venture Capital Firms Invest the Most and Do the Most Deals in Canada
Venture capital and private equity activity posted strong results in 2014. According to the Canadian Venture Capital & Private Equity Association’s (CVCA) 2014 VC and PE Market... more
Announcing the Winners of the 2014 Canadian Startup Awards
After six weeks of nominations and voting, the 2014 Canadian Startup Awards have boiled down to this one moment: the winners. This year we received more than 40,000 votes, a significant increase... more
Noteworthy Career Opportunities in Canadian Tech Right Now
    Are you looking for work in Canada’s growing tech sector? We’ve selected a few from our job board toget you started in your search.  Hootsuite is looking for... more
A Falling Canadian Dollar Can Be Good For Your Startup (But Don’t Count On It)
A few weeks back, David Crow wrote an article on the evolution of the Canadian technology and startup ecosystem, asking 13 great Questions For 2015. One of them - "What impact for will the falling... more
Vidyard Raises $18 Million from Bessemer Venture Partners at $100 Million Valuation
Kitchener's Vidyard announced today it has raised $18 million in Series B funding led by Bessemer Venture Partners with participation from existing investors iNovia Capital, OMERS Ventures,... more
10 Canadian Technology Finance Predictions for 2015 from Omers Ventures
The beginning of the year is always a good time to take stock of what trends matured (or not) through the course of the previous year, and what might happen in the coming year. As a venture... more
Canadian VC Firm Leads $25 Million Round in US-Based 'Airbnb for Dogs'
DogVacay has raised a $25 million round and it was led by a Canadian investor. Omers Ventures led the round, which brings the total amount raised by California-based "Airbnb for dogs" to nearly... more
Five People You're Gonna Want to Meet at the GROW Conference
Five People You Should Meet At GROW By The GROW conference always has many extremely successful and impressive keynote speakers. This year's conference is taking... more
Desire2Learn Raises $85 Million to Fuel Global Expansion
Desire2Learn has raised an $85 million round of financing. The Series B round of financing was led by an unidentified party and included Omers Ventures, Four Rivers Group, Aurion Capital, New... more
Montreal's Busbud Raises $9 Million Series A Round Led by OMERS Ventures
Montreal's Busbud announced this morning the closing of a $9 million Series A funding round, co-led by OMERS Ventures and Revolution Ventures. iNovia Capital and Real Ventures, who co-led an... more
Wattpad Raises Whopping $46 Million in Series C Round Led by OMERS Ventures
  Toronto's Wattpad, the world’s largest community of readers and writers, announced today that they have raised $46 million in Series C funding led by OMERS Ventures with participation... more
OMERS Ventures Hires Kent Thexton as Managing Director
OMERS Ventures, the venture capital investment arm of the OMERS pension plan, announced today that Kent Thexton is joining its team as Managing Director. In this role, Thexton will be... more
Nothing Omers Ventured, Nothing Omers Gained
OMERS Ventures has been nominated for a 2013 Canadian Startup Award in the Venture Capital Firm of the Year category. How does OMERS stack up against the competition?  By their own... more
OMERS Ventures to More than Double Tech Investing
Yesterday at the Cantech Investment Conference OMERS Ventures' CEO revealed that they're raising a second, larger round of funding to continue invest in tech startups. OMERS Ventures' John... more
Vision Critical Hires Derek Smyth, Former Managing Director of Omers Ventures, as CRO
Vancouver-based Vision Critical has announced that Derek Smyth, a former managing director at OMERS Ventures and, has joined the company as chief revenue officer. A respected venture capitalist,... more
Core Samples or Software? How Canada's Tech Sector is Becoming the New Mining Sector
As a venture capitalist looking to invest in the technology sector I have noticed a very interesting phenomenon—related to junior mining, of all things. I have been increasingly sought out... more
Shopify Raises $100 Million Series C Round
Shopify was founded in 2004 by Tobias Lütke, Daniel Weinand, and Scott Lake after the trio attempted to open an online snowboard store.  Lütke, a programmer by trade, could not find... more
Toronto's AppHero Acquired by Mobile App Publishing Firm Fuse Powered
AppHero announced today that they have been acquired by Toronto's Fuse Powered Inc. for an undisclosed sum. Relay Ventures-backed Fuse Powered is the innovative force behind Fuseboxx, an... more
OMERS Ventures Launches Canada's First Community for Data-Driven Entrepreneurs
Today OMERS Ventures and the Ontario Centres of Excellence (OCE) launched OneEleven, Canada's first accelerator created to address the technical needs of successful, visionary entrepreneurs who... more
Strengthening the Nodes: The Innovation Highway Explained at Series 401
When you think about highway 401, traffic and commuting is most likely the first thing that comes to mind. For John Ruffolo, its innovation. CEO of OMERS Ventures, Ruffolo kicked off an event last... more
PasswordBox Raises $6 Million VC Round Led by OMERS Ventures
PasswordBox announced this morning that it has raised a $6 Million Series A funding round led by OMERS Ventures. The round also includes strategic Silicon Valley angel investors, involving Mark... more
Jim Orlando Shifts Positions, Becomes Managing Director of Omers Ventures
Omers Ventures, the venture capital investment arm of the Omers pension plan, today announced that Jim Orlando is joining its team. Orlando will assume the role of managing director. In this... more
Why More Venture Capital Firms Have Entrepreneurs in Residence
Toronto-based Omers Ventures announced this week that it is bringing on an entrepreneur-in-residence (EIR) in former CEO of Intel-acquired CognoVision, Haroon Mirza. The newest EIR addition to a... more
HootSuite Raises Titanic $165 Million in Series B Round from Insight, Accel, and Omers
"I feel big news in the air today," tweeted HootSuite CEO Ryan Holmes earlier today. He wasn't lying: his Vancouver-based social media company just raised a colossal Series B funding round.... more
Venture Capitalist: Canadian Entrepreneurs Have an Unrealistic Expectation of Values
A panel of Canadian venture capitalists gathered to speak this week to discuss the gap in understanding between entrepreneurs and investors. Wind Mobile CEO-turned-VC Anthony Lacavera said... more
If You're an Entrepreneur Complaining About Canadian Investors, You Need to Get a Job
If you’re an entrepreneur struggling to raise money from your local investor community, and you’re complaining about it or using it as an excuse, stop. Just stop. And strongly consider... more
Canadian Startup Pressly Raises $1.5 Million from iNovia Capital and Omers Ventures
Toronto-based startup Pressly, which launched at TechCrunch Disrupt in 2011, has raised $1.5 million in financing. The funding round was led by iNovia Capital and Omers Ventures. According to... more
Vision Critical Acquires DiscoverText to Bring Text Analytics to Insight Communities
Vancouver's Vision Critical announced last week the acquisition of DiscoverText, a robust cloud based text analytics solution. By combining DiscoverText capabilities with insight communities,... more
360 Incentives Secures $7.65 Million Round Led By OMERS Ventures
Whitby's 360 Incentives announced this morning that it has secured a $7.65 million investment led by OMERS Ventures and including Klass Capital and Round 13 Capital. The investment will support... more
Announcing the Canadian Startup Award Finalists: Vote for Your Favourite
With so many talented entrepreneurs and innovative startups in Canada, Techvibes deemed it a necessity to recognize, honour, and celebrate these people and their companies. Presented by KPMG, the... more
2012 Was a Great Year for Startup Financing in Canada, Investors Say
It's official: we're finally out of recession mode. The cautious, conservative mindset investors across Canada adopted following the 2008 recession was well warranted. But it seemed to linger... more
Toronto Startup Evangelist Joins OMERS Ventures
OMERS Ventures announced today that David Crow will be joining its team as Evangelist in Residence. In this newly formed role, Crow will advocate OMERS Ventures within the technology community.... more
OMERS Ventures Invests $500K in Halifax's LeadSift
Canadian startup LeadSift has secured $500,000 in financing from OMERS Ventures. The Halifax-based company mines social media data to generate high-quality sales leads and will use the new funds... more
Why Investors are Fatigued and What This Means for Startups
I’m reading a lot of press lately and there's  a raging debate on whether the angel community is losing money or making tons. Whichever articles you have read, the purveying wisdom is... more
Omers Ventures Invests in Canadian Startup Wattpad
Toronto's Wattpad, an online community for discovering and sharing stories, has raised a Series B round of funding from Omers Ventures. The round was first announced back in June and now totals... more
Growth Equity Funds Turn Their Attention to BC
Growth Equity is a relatively new term to describe the investors that fund companies beyond the point where traditional venture capitalists usually invest (seed and Series A rounds). This type of... more
Desire2Learn Raises $80 Million Round from NEA and OMERS Ventures
Kitchener's Desire2Learn announced today the closing of an $80 million strategic round of financing from New Enterprise Associates (NEA) and OMERS Ventures. The investment will bolster... more
18 Year-Old Entrepreneur Raises $1.8 Million in VC Funding
At GROW Conference last week I met a very interesting young entrepreneur. 18 year old Jordan Satok announced last month that he had raised a $1.8 million seed round lead by OMERS Ventures for... more
OMERS Continues West Coast Investing Trend with $20 Million for Vision Critical
This morning Vancouver-based Vision Critical announced that they have received a $20 million investment from OMERS Ventures. This is the third large investment for OMERS Ventures in Vancouver this... more
Tech Startup Funding in Canada is May Finally be on the Upsurge
We're all aware that Canada regularly bleeds startups and entrepreneurs, who flock south to seek superior funding opportunities south of the border in hotspots like Silicon Valley and New York.... more
Does Canada Even Need a Technology Sector?
In my mailbox this week arrived the latest issue of Canadian Business, one of my favourite magazines. Instantly I was struck by the cover: it was uncharacteristically stark and jet black, like the... more
Toronto's AppHero Raises $1.8 Million from Omers Ventures and More
Toronto-based AppHero is a startup building an intelligent social recommendation platform for mobile applications. The Canadian company just announced this morning that it has secured... more
BuildDirect Attracts $16 Million Investment from OMERS Ventures
Vancouver's BuildDirect announced today a $16 million investment from OMERS Ventures, the venture capital investment arm of OMERS, one of Canada's largest pension funds. Founded in 1999,... more
Sweet Tooth Secures $2.25M in Seed Financing
Waterloo's Sweet Tooth Inc. announced today it has secured $2.25 million in funding. $1.5 million will be in the form of seed financing from OMERS Ventures, the Ontario government funded MaRS... more
Canada Lacks Transparency and Access to Information, But Government and Business Are Taking Steps Forward
At Tuesday’s Freedom of Information (Or Not) event hosted by the Canadian Journalism Foundation the Information Commissioner of Canada Suzanne Legault said:  “Transparency is an... more
OMERS Ventures adds Derek Smyth to team
OMERS Ventures, the venture capital investment arm of the OMERS pension plan, today announced that Derek Smyth is joining its team as Managing Director. In this role Smyth will be responsible... more
Ontario Pension Fund to launch $180 Million Venture Capital fund
The Globe and Mail reported today that the Ontario Municipal Employees Retirement System (OMERS) is set to launch a venture capital division armed with $180 million to invest in early-stage... more
Wave Accounting goes dutch and raises $1.5 Million seed round let by OMERS
Toronto's Wave Accounting announced today that it has closed a $1.5 Million seed round led by OMERS through INKEF Capital. INKEF Capital is a venture capital investment alliance of pension funds... more

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