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VenGrowth Asset Management

Company

Investment-firm

Financing round

General

About Company
VenGrowth Asset Management is a private equity venture capital firm that specializes in venture capital and mezzanine investments.

Industry

Sector :

Subsector :

Also Known As

VGPartners

founded date

01.01.1982

Number of employees

IPO status

Private

Description

Founded in 1982 and based in Toronto, Canada, VenGrowth Asset Management primarily invests in small and medium-sized businesses at all stages of development. The firm has a strong track record of exits and typically participates in 2-6 investment rounds per year, with a preference for deals in the range of $10-50 million. Some of the fund's notable portfolio startups include Wysdom, Neterion, and Cytochroma, with a focus on the telecommunications and internet industries. VenGrowth Asset Management also has specific criteria for investment, including a preference for startups with fewer than four founders and an age of 4-5 years. The firm often co-invests with other venture capital firms such as Prism Venture Management, Newbury Ventures, and Kodiak Venture Partners.
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Financials

Investments
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Date 
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Lead 
type 
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No
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Local Amount - CAD 45M
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People

Founders
2
Mike Cohen
Mike Cohen

Mike Cohen

Michael is one of the original four founders of VenGrowth’s retail funds,and was one of the three partners on VenGrowth’s Operating Committee, which oversaw the firm’s day-to-day operations and strategic initiatives. With 17 years of experience in private equity and eight years in investment banking, Michael assisted investees with funding requirements and coached them through their growth phases. He had been instrumental in numerous company exits and successful turnarounds. Michael routinely contributed his expertise to investees in setting strategic direction, developing operating budgets, recruiting management, and developing financing and exit strategies. Before joining VenGrowth, Michael co-founded a corporate finance firm, and was a member of the Corporate Finance Department at Nesbitt Thomson Deacon Inc. He was also a Board Member and member of the executive committe of the Canadian Venture Capital Association. Michael holds a Masters of Business Administration (MBA) degree from the University of Chicago.

current job

VenGrowth Asset Management
VenGrowth Asset Management

Mike Cohen

David Ferguson
David Ferguson

David Ferguson

David was one of the four original founders of VenGrowth's retail funds, and was one of the three partners on VenGrowth’s Operating Committee responsible for the firms day-to-day operations and strategic initiatives. With 23 years experience in private equity and investment banking, David has a wealth of experience in coaching venture-backed companies through their various growth phases. David has been an active participant on the board of directors of numerous VenGrowth investees, where he routinely contributed his expertise in setting strategic direction, developing operating budgets, management recruiting and financing and exit strategies. David has been involved in a number of successful Canadian companies and have assisted these companies to go on to complete initial public offerings (both TSX and NASDAQ), or to be acquired by larger, multinational companies. Prior to joining VenGrowth, David was co-founder of a corporate finance firm, and was a member of the Corporate Finance Department of Nesbitt Thomson Deacon Inc. David is a Chartered Accountant (CA) and holds a Master of Business Administration (MBA) degree from the University of Western Ontario.

current job

VenGrowth Asset Management
VenGrowth Asset Management

David Ferguson

Employee Profiles
14
Allen Lupyrypa

Allen Lupyrypa

Managing General Partner

Brian H. Barber

Team Member

Mike Cohen

Mike Cohen

Managing General Partner

David W. Ferguson

David W. Ferguson

Managing General Partner

John Crow

Team Member

Marco Pagani

Team Member

Adam Chowaniec

Adam Chowaniec

Executive In Residence

Mike Kane

Mike Kane

Senior Associate

Activity

Recent News
0