Women in Technology Venture Fund
The BDC Capital Women in Technology (WIT) Fund is one of the world’s largest venture capital funds dedicated to investing in women-led technology companies and helping to build a robust ecosystem to support women in tech today and in the future.
We are unique in that we have a dual mandate: To deliver a return on the investment and make a lasting impact on the Canadian tech ecosystem. We do this in three ways:
We invest in companies that bring together the right people, technology and resources to disrupt today’s markets. Most importantly, each company must be women-led—meaning it has a female founder, co-founder, CEO or executive driving the direction of the business. Executives must be in their role for a minimum of one year.
We invest in emerging venture funds with at least one-woman partner, which have also committed to investing in women-led tech companies.
We work with many partners to develop, support and promote a self-sustaining ecosystem for women that provides mentorship, networking, and tools to ensure they thrive.
Research shows that companies with gender diverse leadership teams deliver higher profits, more revenue and better innovation. These are the teams we bet on.
Having BDC Capital’s Women in Technology Venture Fund (WIT) as a lead investor was a key ingredient in attracting a top tier investor syndicate for our Series A. Their early interest helped the round come together quickly which enabled Bridgit to begin executing on our 2019 plan with the capital required to make major moves in the construction industry. Thanks to WIT financing, Bridgit will be launching a transformational product for the industry later this spring that will impact the construction market across Canada and the US.
The investment Finn AI received from the BDC Capital Women in Technology Venture Fund has allowed us to fast track the innovative work we're doing with our digital-first customers such as TymeBank in South Africa. Working together, we recently launched Max, an AI-powered chatbot that reduces the overall cost for banks to serve their customers, making it possible to offer banking services to a new segment of South Africans.
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