Venture Portfolio


    Be a Star and Find a Star

    Founded by Neel Grover former CEO of BUY.com and past Board member of Rakutan along with his seasoned e-commerce, mobile and social media team. Indi is headquartered in Southern California in the heart of the social media meets media epicenter. Indi is the place to Be a Star and Find a Star while enabling brands to connect in a meaningful way with their advocates.

    Unlimited Workplace

    Flexday transforms idle space (like restaurants closed during the day) into a curated network of workspaces. A Flexday membership gives you and your team affordable access to inspirational places to Work, Meet, and Create.

    Canada's best community of dog sitters and walkers

    As Canada’s first online dogwalker marketplace, GoFetch provided walkers and owners a seamless, easy-to-use booking service, generating its revenue solely from low, flat-rate subscriptions paid by walkers--rather than taking a cut of each transaction.

    As proof of GoFetch’s great potential, Hardy Capital recently sold its stake for an impressive 250 percent return. We are proud of our work with GoFetch in providing both mentorship and capital, and we are excited to see what the future will bring.

    Un-CreditCard your Life

    Hardy Capital is the second largest debt lender, after Fortress Capital, to TSX listed millennial lender MOGO. Mogo is a unique Fin tech disrupter who allows consumers to spend wisely by offering a full range of personal loans to meet their financial needs. The goal for Mogo is to help Canadians save $1 billion in credit card interest and loan fees.

    Treat Your {Senses}

    Nestled in the heart of Okanagan Falls between the stunning vistas of lakes Vaseux and Skaha in the unique landscape of British Columbia’s Okanagan Valley, Liquidity has been producing and selling award-winning grape varietals to well known B.C. wineries for over 20 years.

    Tangoe Inc. (NASDAQ: TNGO)

    Get more with your Communications Technology

    Founded in 2001 to help organizations manage their telecommunications network costs, Tangoe has since applied that experience and evolved its solutions to help companies better manage the key technologies that form the foundation for digital transformation success. Our technology-enabled managed service solutions help organizations across industries drive both bottom-line improvements and top-line growth through digital transformation initiatives.

    Tangoe announced its sale to Marlin Equity Partners at $6.50 per share on April 28th, realizing a gain of +39%. There is a go-shop provision in the merger agreement, so we are still hopeful that a higher bid surfaces.

    Jive Software Inc. (NASDAQ: JIVE)

    Empower people and organizations to work better togethe r

    Jive-n provides everything you need for high-performance collaboration with teams of any size. It even has ready-to-use sites for Corporate Communications, HR, sales and your IT help desk, along with pre-built integrations for common apps like Outlook, Office, and Gmail. These and other capabilities have helped top companies and millions of people around the world achieve breathtaking business results.

    Jive Software announced its sale to Aurea Software for $5.25 per share on May 1, 2017, realizing a gain of +27%.

    RDM Corporation (TSX: RC)

    Provider of Solutions to E-commerce and Payment Processing Industries

    RDM just announced its sale to Deluxe Corporation (NYSE: DLX) for C$5.45 per share, a 14% premium to its last closing price. RDM is a niche supplier to the payment processing industry focusing on remote deposit capture. We were initially drawn to the idea given its recurring revenue model, best in class product and asset light business model which led to significant free cash flow generation.


    Real Estate Investment Trust

    Based out of Dallas, TIER REIT Inc. focuses on investing in high-quality office properties across the United States. They are undergoing an impressive portfolio transformation and are trading at a significant discount to its NAV over the past couple months.

    Quality Built to Last

    A leading supplier of non-discretionary replacement parts for the automotive aftermarket. The company is a low-cost supplier in the rotating electric, wheel hub and brake master cylinder product categories that serve most of the large automotive aftermarket retailers. We believe MPAA is currently undervalued at approximately 6x EBITDA, especially in light of its multiple opportunities, including market share gains from competitors, possible expansion into the burgeoning turbocharger end market, margin expansion and M&A.

    Accept all forms of payment. Anytime. Anywhere.

    Payfirma is an award winning payments company that helps businesses accept credit and debit cards online, in stores, and on mobile devices. Payfirma’s cloud-based payment platform keeps all transaction data in one place, making it simple for businesses to use their sales data to make smarter business decisions about their customers, products, and employees.

    The Best Food Delivered to Your Office

    Foodee works with the city's best restaurants to provide delicious, healthy, and sustainable food to the best teams. We believe every meal should be made with fresh, local ingredients and always provide exceptional taste. Eating great food with your team improves communication, productivity, and most importantly provides quality team time.

    Online Furniture Shopping

    One of the fastest growing online furniture retailers with annual sales exceeding USD $100M. With over 75,000 SKUs, Cymax is a leader in online sales for all items home and office. We are located in Burnaby, BC, Canada and sell to customers in the United States and Canada. Internet Retailer Magazine ranked Cymax within the Top 200 e-tailers in the world in both 2011 and 2012.

    LeaveTown - Acquired Guiides

    Connecting Travelers to accommodations and activities

    Our talented and caring Destination Experts love to help you find the perfect accommodations, activities and local deals, meaning your vacation planning process becomes completely headache-free.

    Coastal.com & Clearly.ca

    The Better Way to Buy Eyewear

    The world's fastest growing distributor of contact lenses and eyeglasses; with offices in 4 countries on three continents with more than 5 million active customers and more than 1 billion in cumulative sales. Investment in Coastal has doubled nine times since initial investment in 2000. Coastal.com achieved a market cap more than $450M cash at exit to Essilor, a $25B public company.

    Lensway.com & Lensway.se

    Optical E-commerce

    Acquired in 2004 for $11 million and sold for more than $100 million in 2014. After an upgrade to the management team in 2008 Lensway saw growth to 90% brand awareness in 2012. Sales of contact lenses grew to one of every three contact lenses sold in Sweden, Norway or Finland online and offline.

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