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Canaccord Genuity Group

North America, Ontario, Canada, Toronto

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
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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 Canaccord Genuity Group frequently co-invest with?

Cormark Securities Inc.
North America, Ontario, Canada, Toronto
Co-Investments: 12
National Bank Financial
North America, Quebec, Canada, Montréal
Co-Investments: 18
CIBC World Markets
North America, New York, United States, New York
Co-Investments: 19
RBC Capital Markets
North America, New York, United States, Albany
Co-Investments: 13
BMO Capital Markets
North America, Ontario, Canada, Toronto
Co-Investments: 13
TD Securities
North America, Ontario, Canada, Toronto
Co-Investments: 17
SC
North America, Texas, United States, Houston
Co-Investments: 12
Raymond James
North America, Georgia, United States, Atlanta
Co-Investments: 25
Paradigm Capital
North America, Ontario, Canada, Toronto
Co-Investments: 24
GMP Securities
North America, Ontario, Canada, Toronto
Co-Investments: 12

Which angels does Canaccord Genuity Group often collaborate with?

JD
North America, California, United States, Palo Alto
Shared Deals: 1
JW
Europe, United Kingdom
Shared Deals: 1
BP
Europe, Surrey, United Kingdom, Guildford
Shared Deals: 1
SN
North America, California, United States, San Francisco
Shared Deals: 1
N. Murray Edwards
North America, Alberta, Canada, Calgary
Shared Deals: 1
Arvin Bhangu
North America, California, United States, Beverly Hills
Shared Deals: 1
Michal Klar
Oceania, Canterbury, New Zealand, Christchurch
Shared Deals: 1
Craig Winkler
Oceania, Victoria, Australia, Melbourne
Shared Deals: 1
ES
Oceania, Queensland, Australia
Shared Deals: 1

What are some of recent deals done by Canaccord Genuity Group?

FireFly Metals

Perth, Western Australia, Australia

FireFly Metals is a mining and exploration company.

Mining
Post Ipo EquityJun 4, 2025
Amount Raised: $48,970,308
TenX

Toronto, Ontario, Canada

TenX is a technological startup dedicated to enabling next-generation, high-throughput blockchain technologies.

BlockchainCryptocurrencyFinTech
Corporate RoundJun 3, 2025
Amount Raised: $14,581,776
Semler Scientific

Portland, Oregon, United States

Semler Scientific is an emerging medical risk-assessment company.

BiotechnologyHealth Care
Post Ipo EquityApr 15, 2025
Amount Raised: $114,800,000
Bear Creek Mining Corporation

Vancouver, British Columbia, Canada

Bear Creek Mining Corporation is an exploration-stage company. The Company is engaged in the acquisition, exploration and development.

MiningMining TechnologyPrecious Metals
Post Ipo EquityMar 4, 2025
Amount Raised: $10,070,217
Sol Global investments

Toronto, Ontario, Canada

SOL is an international cannabis company that offers strategic investments and partnerships.

CannabisPharmaceutical
Post Ipo EquityNov 19, 2024
Amount Raised: $2,579,573
Syantra

Calgary, Alberta, Canada

Syantra is a precision biotechnology company that transforms cancer detection and treatment.

BiotechnologyHealth CareMedicalTherapeutics
Series ASep 11, 2024
Amount Raised: $3,608,115
O3 Mining

Toronto, Ontario, Canada

O3 Mining is an emerging consolidator of exploration properties in prospective gold camps in Canada .

MineralPrecious Metals
Post Ipo EquityAug 20, 2024
Amount Raised: $15,026,000
New Found Gold Corp.

Toronto, Ontario, Canada

New Found Gold Corp. is actively exploring district size gold exploration projects in Newfoundland and Ontario.

MiningPrecious Metals
Post Ipo EquityDec 7, 2022
Amount Raised: $50,000,000
Superior Plus

Toronto, Ontario, Canada

Superior plus is to provide long-term stable dividends and premium returns to shareholders through value-based growth in core assets.

ChemicalConstructionOil and Gas
Post Ipo EquityMar 28, 2022
Amount Raised: $288,000,000
Gousto

London, England, United Kingdom

Gousto is an online meal-kit manufacturer and retailer, using AI and automation to provide extensive choice and personalisation.

E-CommerceFood and BeverageFood DeliveryFood ProcessingSubscription Service
Secondary MarketFeb 24, 2022
Amount Raised: $230,000,000