
Bluesky Equities
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
Frequently Asked Questions
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