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    BMO Capital Partners

    Toronto, CanadaFounded 1998
    commercial.bmo.com/en/ca/bmo-capital-partnersLinkedIn
    Enterprise SoftwareHealthcareFood & AgricultureManufacturingConstruction

    Established in 1998, BMO Capital Partners (BMOCP) is an evergreen investment fund with $2.1B of committed capital from BMO Financial Group. It supports the North American mid-market through minority equity co-investments, subordinated debt, and fund investments in financial sponsors across a broad range of industries.

    Deal activity decreased year-over-year (1 deal in the last 12 months vs 4 prior). Average disclosed round size is $128.4M (across 9 rounds with reported amounts).

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    Portfolio

    14

    Fund Size

    $2.1B

    Top Stage

    Series C

    Last 12 Mo

    1

    Team

    AT

    Aaron Toporowski

    Managing Director, BMO Capital Partners

    AH

    Andrew Hockin

    Managing Director, Ontario, BMO Capital Partners

    DD

    Denis Desjardins

    Managing Director, Quebec, BMO Capital Partners

    HG

    Hanz Gin

    Managing Director, Western Canada, BMO Capital Partners

    AB

    Alex Baniczky

    Head, BMO Capital Partners

    LZ

    Larry Zelvin

    Head of BMO’s Financial Crimes Unit

    Portfolio Breakdown

    Stage Distribution

    Sector Distribution

    Investment Activity

    DealsAvg Round Size

    Portfolio

    14 investments
    CompanyRoundAmountDate
    Waabi logoWaabiSeries C$750MJan 2026
    Nanoprecise logoNanopreciseSeries C$38MMar 2025
    Clutch logoClutchSeries D—Feb 2025
    Clutch logoClutchSeries D—Feb 2025
    Clutch logoClutchSeries D—Feb 2025
    nesto logonestoSeries C$80MDec 2022
    Bolt Logistics logoBolt LogisticsSeries C$75MDec 2022
    Avidbots, Inc. logoAvidbots, Inc.Series C$70MSep 2022
    Ellevest logoEllevestSeries B$53MApr 2022
    RATESDOTCA Group Ltd. logoRATESDOTCA Group Ltd.Unknown$51MMar 2021
    Purestream logoPurestreamSeries A$14MFeb 2021
    Providence Medical Technology logoProvidence Medical TechnologyUnknown$25MSep 2018
    Vendasta logoVendastaUnknown——
    Monarch Industries logoMonarch IndustriesGrowth——

    Top Co-Investors

    Export Development Canada4 shared
    BDC Capital4 shared
    Industry Ventures3 shared
    Flight Deck Capital3 shared
    Altos Ventures Management, Inc.3 shared
    FJ Labs3 shared
    NVentures2 shared
    Khosla Ventures2 shared
    Lightspeed Venture Partners2 shared
    Yaletown Partners2 shared
    Lince Capital1 shared
    Volvo Group Venture Capital1 shared
    G2 Venture Partners1 shared
    Incharge Capital Partners1 shared
    Radical Ventures1 shared
    TELUS Global Ventures1 shared
    BDC Capital's Thrive Venture Fund1 shared
    BlackRock Private Equity Partners1 shared
    Uber Investments1 shared
    Uber1 shared

    Last updated: 7 October 2026