
Canaccord Genuity Group
Description
Canaccord Genuity Group is a prominent global financial services firm headquartered in Canada, with a history spanning over 70 years since its founding in 1950. Primarily operating as a full-service investment bank and wealth manager, the firm's core business revolves around facilitating capital markets activities and managing client assets, rather than acting as a direct, primary equity investor in the traditional venture capital or growth equity sense. Its Capital Markets division provides comprehensive investment banking services, including corporate finance advisory, underwriting for public and private offerings, and mergers and acquisitions advice. They connect growth companies with institutional and private investors, helping them raise significant capital.
While Canaccord Genuity does hold "Principal Investments" on its balance sheet, these are typically strategic investments made by the firm itself, often in companies they have advised or where they see a strategic alignment. These are not structured as a dedicated venture or growth equity fund with a published mandate for making "first cheques" to external companies seeking initial or early-stage funding. The firm's primary role is to advise and underwrite, enabling other investors to deploy capital, rather than being the direct source of a typical "first cheque" investment.
Given its operational model, Canaccord Genuity's focus is on providing advisory and capital-raising services. For instance, as of March 31, 2024, the firm reported client assets under administration and management of approximately C$98.5 billion (approximately US$72 billion), highlighting its significant presence in wealth management. Furthermore, for the fiscal year 2024, the company generated revenues of C$1.3 billion (approximately US$950 million), underscoring its substantial activity in global financial markets. Because their primary function is not that of a direct equity investor making systematic "first cheques" to external companies, information regarding typical minimum and maximum investment sizes in that context is not publicly available or applicable to their core business model.
Investor Profile
Canaccord Genuity Group has backed more than 58 startups, with 7 new investments in the last 12 months alone. The firm has led 25 rounds, about 43% of its total and boasts 86 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Post Ipo Equity, Post Ipo Debt, Series A rounds (top funding stages).
- Majority of deals are located in Canada, United States, Australia.
- Strong thematic focus on Precious Metals, Oil and Gas, Mining.
- Led 4 rounds in the past year.
Stage Focus
- Post Ipo Equity (64%)
- Post Ipo Debt (9%)
- Series A (7%)
- Series Unknown (5%)
- Series B (3%)
- Post Ipo Secondary (3%)
- Private Equity (2%)
- Seed (2%)
- Pre Seed (2%)
- Secondary Market (2%)
Country Focus
- Canada (72%)
- United States (14%)
- Australia (7%)
- France (2%)
- Dominica (2%)
- Japan (2%)
- United Kingdom (2%)
Industry Focus
- Precious Metals
- Oil And Gas
- Mining
- Mining Technology
- Biotechnology
- Financial Services
- Mineral
- Energy
- Real Estate
- Venture Capital
Frequently Asked Questions
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