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Bluesky Equities

North America, Alberta, Canada, Calgary

Description

Bluesky Equities is a Calgary, Canada-based private equity firm with a flexible investment mandate, targeting both private and public companies across various stages of development. The firm emphasizes long-term value creation and acts as a provider of patient capital, often partnering with management teams to foster sustainable growth. While their portfolio spans diverse sectors, including technology, real estate, energy, and consumer goods, they have shown a particular affinity for innovative technology companies, especially those emerging from the Canadian ecosystem.

The firm's investment strategy is characterized by its stage agnosticism, allowing it to engage with companies from early-stage growth to more mature, established enterprises. This flexibility is evident in their portfolio, which includes participation in significant funding rounds for high-growth tech firms. For instance, Bluesky Equities was an investor in Neo Financial's $102 million CAD Series B round and Attabotics' $71.7 million USD Series C round, demonstrating their capacity to contribute to substantial capital raises. Their involvement in such large-scale rounds suggests a capability for significant individual investments.

Bluesky Equities typically seeks to deploy capital into companies poised for expansion, often participating in rounds where their contribution can help accelerate market penetration, product development, or operational scaling. While specific check sizes are not publicly disclosed, their participation in multi-million dollar funding rounds indicates that their initial investments generally range from approximately $2 million for earlier-stage opportunities to upwards of $20 million for more mature, growth-stage companies. As of early 2024, Crunchbase data indicates Bluesky Equities has made at least 12 investments, showcasing a consistent, albeit selective, approach to deploying capital. Their focus remains on fostering long-term partnerships and leveraging their expertise to support portfolio companies in achieving their strategic objectives.

Investor Profile

Bluesky Equities has backed more than 22 startups, with 0 new investments in the last 12 months alone. The firm has led 1 rounds, about 5% of its total and boasts 4 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Seed, Series A, Series B rounds (top funding stages).
  • Majority of deals are located in Canada, United States.
  • Strong thematic focus on Software, Information Technology, Analytics.
  • Typical check size: $2M – $20M.

Stage Focus

  • Seed (45%)
  • Series A (27%)
  • Series B (9%)
  • Convertible Note (5%)
  • Pre Seed (5%)
  • Angel (5%)
  • Series Unknown (5%)

Country Focus

  • Canada (91%)
  • United States (9%)

Industry Focus

  • Software
  • Information Technology
  • Analytics
  • Saas
  • Big Data
  • Machine Learning
  • Internet Of Things
  • E-commerce
  • Oil And Gas
  • Marketing
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Bluesky Equities frequently co-invest with?

Startup TNT
North America, Alberta, Canada, Edmonton
Co-Investments: 2
Techstars
North America, Colorado, United States, Boulder
Co-Investments: 2
Tribune Capital
North America, Alberta, Canada, Calgary
Co-Investments: 2
ViewPoint Capital Partners
Europe, Zurich, Switzerland, Zürich
Co-Investments: 2
InterGen Capital
North America, Alberta, Canada, Calgary
Co-Investments: 2
Threshold Impact
North America, Alberta, Canada, Edmonton
Co-Investments: 2
Panache Ventures
North America, Quebec, Canada, Montréal
Co-Investments: 2
UCeed
North America, Alberta, Canada, Calgary
Co-Investments: 2
Thin Air Labs
North America, Alberta, Canada, Calgary
Co-Investments: 3
Ontario Centre of Innovation
North America, Ontario, Canada, Toronto
Co-Investments: 2

Which angels does Bluesky Equities often collaborate with?

RB
Asia, Karnataka, India, Bangalore
Shared Deals: 1
Andrew Chau
North America, Canada
Shared Deals: 1
Dave Lambert
North America, California, United States, San Francisco
Shared Deals: 1
LB
North America, New York, United States, New York
Shared Deals: 1
JW
North America, New York, United States, New York
Shared Deals: 1
Shared Deals: 1
James Lochrie
North America, Alberta, Canada, Calgary
Shared Deals: 1
Hanif Joshaghani
North America, Alberta, Canada, Calgary
Shared Deals: 1
Matt Mastracci
North America, Alberta, Canada, Calgary
Shared Deals: 2
Chris Kay
North America, Ontario, Canada, Toronto
Shared Deals: 1

What are some of recent deals done by Bluesky Equities?

Wisedocs

Toronto, Ontario, Canada

Wisedocs provides medical record indexing, review, and AI summaries for various markets.

Artificial Intelligence (AI)InsuranceInsurTechMachine LearningSaaS
Series AJan 30, 2024
Amount Raised: $9,476,297
The OWL Solutions

Waterloo, Ontario, Canada

The OWL Solutions is a data analytics and visualization platform

AnalyticsSoftwareSupply Chain Management
SeedSep 7, 2023
Amount Raised: $1,250,000
Nimble Science

Calgary, Alberta, Canada

Medical Device, Database, Clinical Services

Health CareMedicalMedical Device
SeedMar 1, 2023
Amount Raised: $1,986,696
Ownly

Calgary, Alberta, Canada

Ownly is the real estate buyer's verification platform. Give buyer's a secure way to confirm their Identities and buying power in minutes.

AnalyticsBig DataLead GenerationReal EstateSoftware
SeedOct 3, 2022
Amount Raised: $2,550,000
Provision Analytics

Calgary, Alberta, Canada

Provision Analytics creates practical and precise software for food processors and manufacturers.

AgricultureAnalyticsFood and BeverageSaaSSoftware
Series UnknownAug 1, 2022
Reach

Calgary, Alberta, Canada

Reach is a partner for dynamic retail brands that helps retailers process global payment transactions.

Financial Services
Series AMar 21, 2022
Amount Raised: $23,831,218
HonestDoor

Edmonton, Alberta, Canada

HonestDoor uses big data, predictive analytics that combines real estate data with data science to produce estimated values of houses.

AnalyticsBig DataInformation TechnologyMachine LearningPredictive AnalyticsReal Estate
SeedMar 17, 2022
Amount Raised: $1,741,622
Validere

Calgary, Alberta, Canada

Validere is on a mission to better human prosperity by making the energy supply chain efficient and sustainable.

Artificial Intelligence (AI)EnergyInternet of ThingsOil and GasSoftware
Series BMar 15, 2022
Amount Raised: $43,061,264
Interface Fluidics

Calgary, Alberta, Canada

Interface Fluidics is an international technology company offering innovative reservoir fluid analysis services.

Innovation ManagementNanotechnologyOil and Gas
Series BNov 10, 2021
Amount Raised: $5,365,258
Groopit

Seattle, Washington, United States

Groopit: The AI Problem-Solving Engine

MobileSaaSSoftware
Pre SeedOct 27, 2021
Amount Raised: $2,000,000