Propulsion Ventures Inc.
VC · Montreal (Canada)
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About
Propulsion Ventures Inc. is a venture capital firm specializing in early venture, mid venture, and growth capital investments. It seeks to invest in software and internet services sectors. The firm seeks to invest in Canada with a focus on Montreal, Ottawa, Toronto, and Quebec City. It typically invests up to Cdn $10 million ($10.39 million) in companies which can reach a minimum of $1 billion in annual sales within a three to five year period following the date of investment and growth rate of more than 20% per year. It typically holds its investments for a period of five to seven years. Propulsion Ventures Inc. was founded in 1995 and is based in Montreal, Canada with additional offices in Boston, Massachusetts; London, United Kingdom; and Johannesburg, South Africa. It operates as a subsidiary of Telesystem Ltd.
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