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Tandem Expansion Fund is a growth equity investment firm providing capital to small and mid-sized Canadian technology companies. The firm specializes in making significant minority investments, strategically backing promising ventures across diverse tech sectors. It delivers financial resources essential for advancing these companies through crucial development and scaling phases.
Established in 2009, Tandem Expansion Fund was conceived to address a distinct funding gap within the Canadian technology ecosystem. This initiative sought to provide dedicated growth equity for companies past early stages, yet requiring substantial capital to accelerate market presence. Its formation aimed to foster the maturation of Canadian tech enterprises.
The fund primarily serves Canadian technology companies demonstrating high growth potential. Tandem Expansion Fund partners with these businesses to facilitate operational expansion, product innovation, and market solidification. Its core mission is to strengthen the Canadian technology sector by supplying expansion capital, contributing to the long-term success and global competitiveness of its portfolio.
Tandem Expansion Fund has 1 tracked investment across 1 company. The latest tracked deal is $35.0M Series D in Coveo in November 2015.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Nov 5, 2015 | Coveo | $35.0M Series D | Pierre Gabriel Côté | Louis Tetu, BDC Capital, Propulsion Ventures SEC |