StepChange is a Western Canada-based private investment firm that invests in innovative businesses that are scaling their business for rapid growth.
Growth capital is a type of private equity investment focused on financing companies seeking to expand operations. Unlike early-stage or seed funders, growth capital targets companies that have established their product or service in the market and are ready to accelerate growth. Such investments focus on businesses with established market validation, proven revenue streams and a clear vision for future expansion. Growth capital is for financing the expansion of sales & marketing into new markets, increasing production and boosting operations.
A growth capital firm’s support often extends beyond financing. Growth capital will provide strategic guidance and access to a broader network of advisors. This guidance ranges from reviewing the company’s expansion plans to strategic funding and corporate governance recommendations. Advisors may assist with everything from due diligence to augmenting the company’s executive team.
By channelling resources into these companies, growth capital investors like StepChange provide strategic support to assist management in achieving their growth objectives efficiently and sustainably.
StepChange is focused on providing early-stage growth capital to pioneering technology and high-growth potential businesses in Western Canada. We aim to accelerate a business’ growth through our investment. In the conventional emerging business funding spectrum, we fit between a VC series B+ funding growth financing round and an early private equity investment.
StepChange invests in technology-based businesses initially developed for industries that uniquely solve global problems. This emphasis comes from decades of experience in our region's natural resources, agricultural and energy sectors, along with our active involvement in its transformation today. This said, we also actively seek entrepreneurs breaking ground in adjacent areas.
StepChange will consider any ready-for-scale businesses – provided they have a solid, sustainable competitive position through technology or other sources of competitive advantage and meet our investment criteria.
