Who we are
Metiquity Ventures Inc. is a Calgary-based pre-seed venture firm born to modernize the early-stage start-up funding ecosystem & fuel the next world-changing local, early-stage companies and founders in Alberta and across the Canadian Prairies.
We invest in emerging pre-revenue and early-revenue technology companies that need a little bit of capital and a lot of mentorship to help unlock their potential for growth and disruption.
Where we make impact
There is amazing opportunity for investors and founders alike across Alberta and the Prairies. We are a community of intrinsic disruptors, innovators and above all, entrepreneurs. Calculated, smart risk is how we built this region’s economic success story and our energy sector.
The Prairies are showing strong signals of emerging-technology-market growth. While the hype about the potential of our growing tech sector and the founders who fuel it is real — there remains a critical early-stage or pre-seed funding gap in our region. Metiquity is here to help fill this critical funding and investment disparity.
Founders
Founded in 2020 by Bryan Slauko and Jacques LaPointe, and supported by nationally-respected advisors and Board members, Metiquity is made of experienced investment managers and strategic early-stage growth capital investors and business founders with:
- Over 45 years of experience in finance, investment management, private company investment analysis, research, due diligence, strategic business planning, and corporate governance.
- A successful track record of leading $43 million worth of investments into local early-stage technology companies, as well as taking tech companies to successful exits.
- Experience launching products; patents, as well, as commercialization. Experience building partnerships valued at upwards of ½ billion dollars into global markets.
- A track record of managing product, business development, and operations; experience which we apply to our portfolio companies in the form of regular advice, mentorship and guidance.
- Deep roots in Canada’s technology sector & an understanding of the regional history and economy. We are Alberta-based but globally-minded.
- Our directors and founders made their careers and still live and raise their families in Alberta. We care about investing in our regional community and economy.
- A vision to be the private fund and firm of choice for private wealth investors looking to invest in the emerging tech sector with professional due diligence & portfolio diversification top of mind.
- We put our money where our expertise is — Metiquity’s founding directors are invested in the Metiquity Fund.
We unlock untapped potential for innovative, technology-focused founders and companies on the cusp of growth, as well as the pioneering investors who fuel the Canadian Prairies
Our emerging technology ecosystem is young and much less developed than established Canadian markets such as Toronto, Waterloo, and Vancouver. In the Prairies, our legacy investors and business leaders have years of experience supporting the economy in traditional industries but are not as familiar with technology markets and early-stage funding needs. As a result, the supply of true early-stage pre-seed risk capital is very low, at a time when demand is very high.
More than half of the existing technology companies in our ecosystems are startups, have first-time founders and very small teams. They need access to small amounts of capital and local networks and resources. Digital technology startups take much less initial monetary investment startup dollars than of the past.
Our new technology-based entrepreneurs face a funding paradox – they desperately need capital to generate revenue but cannot access capital from traditional venture capital sources until they are earning $1 to $2 million in revenue.
New companies and start-ups can not grow to Venture Capital seed rounds without the necessary pre-seed investment support
In start-up ecosystems around the world, these early-stage needs are primarily met by local high-net-worth investors, often called Angel(s) investors, as well as small pre-seed-focused venture funds. There is a lack thereof in Alberta and regionally because we are an emerging technology market — Metiquity exists to be a catalyst for this need. Broaching early-seed investment with a professionally managed approach and experience in scaling up tech companies as well as professional fund management.
While our region’s new tech founders need support, so do the investors who are committed to fueling this emerging asset class
- Investors deserve professional private investment firms fueled by leaders with the experience to accurately evaluate and nurture pre-revenue and early-revenue technology start-ups.
- Firms with unique expertise to lead due diligence, deal structuring and valuation discussions.
- Firms that are willing to commit meaningful funds that position them as lead investors.
- Firms that support private investors with the diversification of a portfolio and a level of financial and investment experience and accreditation that is not offered at most angel or VC firms focused on the region.
Interested in Private Investment?
Please contact us HERE
Approach
Our portfolio focuses on companies using technology to drive digital innovation. From energy to innovation, our region was built on ingenuity and investment in people and ideas. As the global and local markets and economies shift and grow, so too does the need to innovate on how we diversify our investment portfolios.
In building a portfolio of companies, we believe fundamentals really matter.
- We focus on fundamentals, not hype.
- Detailed due diligence is critical, even when revenue is minimal.
- Effective deal structuring is vital to mitigate risk.
- Discipline with valuation is core to our success.
- Evaluating a founder’s ability to execute on go-to-market strategy is critical.
Where & what Metiquity Invests in
Companies and founders who are rapidly decreasing technology costs while combining digital innovations, such as:
- Artificial Intelligence (AI)
- Big Data and Analytics
- Cloud Computing and the Internet of Things
- Machine Learning
- Environmental tech
- Financial technology (Fintech)
We fuel the entrepreneurs and start-ups that are disrupting existing business and operating models with ideas and technological advances that provide a wide range of integral industries with opportunities for significant value creation and unprecedented access to global markets.
Who we impact
- First-time Founders. Entrepreneurs in emerging markets of Alberta and the Canadian Prairie provinces on-the-cusp of significant growth by transforming industries with new products and technologies.
- NEW and Experienced Investors. Individuals and families of private wealth interested in growth investment opportunities present in emerging technology markets, and who want to give back in different ways to fuel the next generation of entrepreneurs that will build stronger local communities and fuel our economy.
- People who work, play and exist to thrive in our region. Everyone benefits when communities invest in the entrepreneurs who fuel disruption, create jobs, opportunities and placemaking for generations.
Our first crop of companies
As lead investors, we serve both founders and private individual and family investors to successful reward. From fintech and SaaS accounting tech, to clean technology and hard tech, our first crop of companies are making waves.
While we invest in a portfolio of driven startups and scaleups, you won’t hear us talking much about mythical creatures such as unicorns and dragons, never mind using techno-babble investment buzz. You may, however, hear us mention the “Camel.” The Camel is an analogy for an emerging tech company that exceeds on return investment due to strategic business growth and careful fiscal management.
There are no shortcuts in investing or scaling a business. We are in it with our founders, mentoring them through their initial trajectory and helping whenever needed.
Diversification of a portfolio is as important as the diversification of people
Environmental, Social, and Governance (ESG) and Diversity are part of our values. Unlocking growth potential goes beyond money and creating wealth for founders and investors. We have a responsibility — through our investment activity — to improve our communities via fostering innovation, creating jobs and equitable wealth and working towards vibrant and evolving Environmental, Social, and Governance (ESG) practices.
Metiquity benchmarks our practices by following the UN’s sustainable development goals and the CFA’s ESG guidelines.
We are proud to say out of our first companies, half are either founded or co-founded by women. Metiquity was formed to unlock growth potential for innovative founders on the cusp of commercialization and pioneering investors who invest capital alongside them. This means actively seeking out the most diverse teams, founders and ideas possible – this is part of good governance and successful portfolio building.
Metiquity is committed to backing highly-scalable, strategic, resilient founders and entrepreneurs, bringing the world’s next global innovations to fruition and solving societal and industry pain points and innovation challenges.
We help our Prairie tech founders grow and succeed with transparency and integrity.
“When we started Helm, we soon realized that there is not a pool of strong so-called angel and pre-seed investors in the region. This creates a massive seed-fund gap in the market and nowhere for entrepreneurs to turn. That’s where Metiquity is coming in and solving a problem for our sector. As a founder and entrepreneur, partnerships and teamwork are extremely important to me. That translates to not only my team but to the investment side. Founders need investment partners that can share their expertise and passion and work towards high-scale growth potential with you. If someone invests money in your business, you need to know that they share your passion and value your vision and will work towards high growth with you as well as understand digital transformation and disruption. Metiquity doesn’t just arrive with monetary value wanting a piece of the pie; they come with experience and can help inform strategic growth – not every investor group comes with that counsel.”
Kelvin Gieck, CFA
Co-Founder of Helm | Lover of Accounting Tech | Small Business Advisor
The big(bed)rock: numbers & fund details
- We lead and manage an investment fund targeted to be $10 million in size and investing in the emerging Alberta and Canadian Prairie technology markets.
- Act as lead investors in our portfolio companies on the way to building a portfolio of 20 to 30 businesses over the next 2-3 years.
- When it comes to managing an intentionally diverse portfolio, we take a disciplined approach to valuation and ownership and value post-investment support to accelerate and support growth.
- Our companies are on a path to secure their first $250,000 to $1 million, and the average Metiquity investment is $250,000, as well as a lot of mentorship t help get them moving to the next seed round stage.
Frequently asked questions
What is Metiquity’s purpose?
Metiquity was formed to unlock growth potential for innovative founders on the cusp of commercialization and pioneering investors who invest capital alongside them. But for us, unlocking growth potential goes beyond money and creating wealth for founders and investors.
As Canadian early-stage investors, we have a responsibility – through our investment activity – to improve to our
communities:
- Increasing societal wealth through job creation and economic growth
- Advancing societal well-being by encouraging sustainable development
- Encouraging the investment of local innovation capital is essential to the future of our communities
We have a responsibility to act as teachers and coaches to founders and investors:
- Education and knowledge bring empowerment and growth to investors and business people
- More informed investors are much more trusting and more confident in making investments
- Knowledgeable and confident founders and investors are critical to the investment of local innovation capital
What is Metiquity’s Mission and Vision?
Vision
Metiquity’s vision is to become Western Canada’s leading early-stage growth capital investor and partner of choice for ambitious entrepreneurs striving to reach their full potential.
Mission
To provide transformative capital and strategic counsel to early-stage Canadian businesses while fostering community innovation and earning above-market investment returns.
I'm interested in investing, where do I start?
We are looking for accredited investors and welcome you to contact us to explore the fit!
It’s an exciting time for a fund, firm, current investors, companies and potential investors.
Please contact us here
Our region is prime for growth and success; it is the entrepreneurial founders and investors — together — who will achieve incredible things.
What's the secret sauce to early stage investing?
… there is no secret sauce.
We don’t keep insider secrets about our investment strategy or reactively invest in trends. Those invested in our fund can rely on tried and true investment strategies and diversification of portfolio methodology.
It’s part of our mission to transparently educate our investors and share information, helping investors become more confident and empowered so that they can be the catalysts to confidently continue investing in the region for years to come.
We aim to be lead investors, and with our approach, start-ups are better positioned to gain additional capital. A steady hand and vision, managing private funds with care while unlocking the potential for entrepreneurs on the cusp of world-changing technology breakthroughs and the pioneering investors who invest alongside them through:
- Critical pre-revenue funding
- Investment guidance
- Sophisticated, data-driven, and meticulous approach to portfolio building and management
- Offering a level of technological expertise and business strategy that most private firms do not when it comes to advising founders and portfolio companies
We’re humans, not sharks
We arrive with transparency and consistency in every interaction and refuse to distinguish how we treat investors and founders regardless of their stage of growth. We are not elitist; we put people first and respect at the helm because we know that when we work together and strategize long-term, amazing things can and will be accomplished.
Our founders and directors, the Board as well as our advisors support our portfolio founders in their full strategic growth, through mentorship and advisory, sitting on their boards, advising on deal structuring and helping our companies scale to increased investment rounds.
Simply put, we don’t fund and run. Financial support is not the only important bucket of capital investors bring to the table. Sharing our experience is an expectation we have for ourselves, our founders’ value, and our investors can trust.
Our region is prime for growth and success; it is the entrepreneurial founders and investors — together — who will achieve incredible things.
How does Metiquity focus on community & governance?
More than just investors: we strategize with enterprises to gain the right mix of private investors and growth guidance.
Metiquity’s investment process relies on a professional, meticulous level of due diligence. This is rooted in our years of investment experience and founding director Bryan Slauko’s training as a CFA charter holder / Chartered Financial Analyst (The CFA charter is widely considered to be the gold standard in the field of investment analysis). This process allows us to effectively identify, evaluate, measure and mitigate risk factors across a business, team and industry.
We regularly use our investment analysis to attract and secure additional investors into the ecosystem and the portfolio companies Metiquity invests in. In sharing our knowledge, we are an important ecosystem partner and driver for venture capital and other investors who are eager to invest in the tech sector.
This commitment means better outcomes for everyone, including founders, investors, and those who work and live in the community.
Metiquity adheres to the CFA Institute’s Code of Ethics and Standards of Professional Conduct. The Code of Ethics maintains that we must:
- Place the integrity of the profession and the interests of clients above our own interests
- Act with integrity, competence, and respect
- Maintain and develop our professional competence
Review the full Code of Ethics and Standard of Professional Conduct.
Metiquity also recognizes the Kauffman Fellows Stewardship Pledge for the Innovation Investor. This pledge provides further governance over Metiquity’s activities and our responsibilities to our investors and community members.
What’s our commitment to our companies, investors and community?
In furtherance of our purpose to unlock capital and growth potential, Metiquity is committed to:
- Providing the high level of transparency required to help educate and build knowledge for our founders and investors.
- Increasing accessibility to capital by communicating in a way that speaks the language founders and investors are familiar with.
- Committing to a highly professional investment approach where the best interests of investors are always placed first.
- Always working hard to earn and maintain the trust of our stakeholders.
Our commitment to our companies, investors and community is also captured in our recognition of the Kauffman Fellows Stewardship Pledge for the Innovation Investor.
What is a Digital Innovation and an Emerging Market portfolio?
Companies and founders who are rapidly decreasing technology costs while combining technologies, such as:
- Software
- Artificial Intelligence (AI)
- Big Data and Analytics
- Cloud Computing and the Internet of Things
- Machine Learning
- Environmental tech
- Financial technology (Fintech)
Entrepreneurs and startups who are disrupting existing business and operating models with the ideas and technological advances
that provide a wide range of integral industries with opportunity for significant value creation and enable unprecedented access to
global markets.
Emerging markets are those technology ecosystems that are less developed compared to more mature markets such as Toronto, Waterloo, New York and Silicon Valley. They have less companies, a smaller number of high profile exits, and an investment community that is less experienced with investing in technology. But they have lots of fundamentals in place and are showing positive signs of growth and momentum. We believe these markets present strong investment opportunities at very reasonable valuations, and therefore the potential for strong investment returns.
While we invest in the above, Metiquity is also supporting new investors and the experienced Limited Partners (LPs) who are part of
the Metiquity fund — private investors who are equally eager to fuel the region’s emerging market tech sector.
How do you manage risk?
Tech and “startup” investment shouldn’t be synonymous with extreme risk or lack of governance.
We’ve all heard the stories of Silicon Valley horror stories such as those of Theranos, WeWork and Diliveroo. Venture capital and tech investing can feel simply not worth the squeeze for those not embedded in the sector. It’s these nightmare stories that dissuade potential investors and family firms from wading into so-called angel investment.
Metiquity firmly believes that there is not enough focus on good governance across the asset class. The Prairies and Western Canada are solid emerging markets, and our narrative and story are and should be told differently and accurately.
Disruption, innovation, and tech-founder-friendly investment should not be words synonymous with emotional-based investment or gut instinct choices.
The regional ecosystem needs a sustainable foundation of investment funds delivered through:
- proper valuation
- effective deal structuring
- proper foundational documents including everything from shareholder agreements to employment agreements
- Focus on long-term business models that can lead to profitable investment
Poor governance also increases the chances that social and environmental risks will be poorly managed. We follow the CFA Institutes’ code of ethics and standards of professional conduct for investment funds. Screening and evaluation include a combination of approval steps and processes from initial investment screen, and due diligence assessment to closing and portfolio agreement.
Metiquity vets our potential companies based on their technology focus, geographic focus, development structure, fit in the sector, management and founder team track record and experience level in the field and business and their own personal and economic investment in their company.
We are looking for founders with partnership mindsets and strategic business and exit strategies. We strive to help businesses focused on financing rounds, monetization of effective go-to-market strategies, and development of market growth.
Ultimately, our goal is to support a diverse portfolio of founders and companies. We maintain a healthy collaboration and transparent information sharing with the region’s technology and innovation sector. Nurturing relationships with accelerators, government and other VC groups, Limited Partner organizations and ecosystem partners.
While traditional angel investment often means taking major risks on smaller portfolios or single startups at a time; Metiquity focuses on building a solid and diverse portfolio, while supporting companies and investors through the same due-diligence processes that topnotch professional investment firms follow.
We are on a mission to unlock growth potential for budding entrepreneurs, tech companies and the next generation of entrepreneurs who are changing society for the better while solving industry challenges with sought-after tech innovations in the areas of digital innovation. Commitment to our founders and investors is our number one priority. We are focused on fundamentals (not hype), we are in it for the long haul, and we don’t hope for unicorns to appear magically.
What do we mean by an early-stage company or early-stage investment?
This is an investment in companies and founders that are either pre-revenue but have a minimum viable product built, or are in the market with their product but still under the million-dollar revenue stage. They are looking to raise $250,000 to $1 million in investment.
Okay, but aren't so-called tech startups risky?
All private investment comes with risk. Where Metiquity differs, is in how we build our portfolio. We know how critical it is to build a large, diversified and strategic pool of portfolio companies, and to be there to help founders avoid mistakes.
There’s a difference between low startup cost and low experience or potential return. Technology has changed the way startups are getting to the Minimum Viable Product (MVP) stage.
The founders Metiquity invests in are vetted on experience, amongst other measurable benchmarks. They are not part of the portfolio unless they have done the work on business strategy and foundational growth.
Today, the average startup must raise about $250,000 to $750,000 to launch with a prototype or MVP and demonstrate traction. This is in stark comparison to even a decade ago when companies were looking to raise at $5 million to launch.
Technology, cloud computing and web services have vastly changed the way recently-founded businesses are able to begin.
According to sources such as StartAlberta & Alberta Enterprise Corporation’s 2021 Alberta Technology Deal Flow Study:
- There are upwards of 2,000 verified technology companies in Alberta
- 56% of all technology companies in Alberta are identified as seed stage (less than 10 employees and having raised less than $1 million)
- This equates to more than 1,000 Alberta technology companies. These companies are critical to the future success of our economy as well as job and wealth creation in the province
Yet these companies and founders are struggling to access the capital they need when they need it the most.
- 48% of companies have between $0 and $500,000 in revenue
- 52% of companies have raised less than $1 million in funding to date and are seeking funding
- 83% of companies founded in 2021 indicate lack of access to capital as their biggest challenge
- These companies represent at least 50% of the entire Alberta ecosystem
- They desperately need access to $50,000 to $250,000 in “Angel” rounds
- and they are starving for access to $250,000 to $1 million pre-seed rounds to refine their product, launch sales and take advantage of demand in their markets
Metiquity’s home province has a goal for our technology sector to generate $5 billion more in annual revenue by 2030 through things such as expanding the talent pool, attracting more capital, commercialization support and promoting us as a tech destination for the rest of the world to invest in.
To accomplish these goals, the Province has put a vast amount of resources and supports in place to support founders along their journey. This has changed significantly over even just the last 5 years. This provides an additional layer of risk mitigation.
The combination of vastly reduced startup costs and significantly higher founder support systems has dramatically shifted the risk profile of the emerging tech ecosystems targeted by Metiquity or investment today.
Why the Prairies and Alberta?
Emerging market growth. The Prairies are considered emerging technology markets within Canada. This is an amazing time and opportunity for investors and founders alike to invest while valuations are very favorable.
We are committed to working with our new technology and digital disrupting entrepreneurs and founders. Startups, scaleups and companies that show high potential for growth. And we are active investors, meaning we don’t fund and run. Metiquity’s founding directors and founding board members are proud Western Canadians who make our lives in this region. We are excited about the growth potential for our community, founders, investors and all who we impact.
When vetting new companies, is it more about the numbers or the ideas and founder?
We Invest in people, not transactions.
Metiquity forms a partnership with those we believe in. Our primary objective is to add value. When considering any seed capital, we ask ourselves, “How can our investment help change the world?” Helping founders make this mission real is about much more than just the dollars.
We put mentoring where the fund money is, as we firmly believe in the active investing model — one in which we support and guide start-ups as they best leverage their new funding to achieve goals that will solve pain points for industry, communities and everyone.
Simply put, we’re people-centric. We fuel the emerging market and that means our team must emerge from the corner office and into the community.
It’s people who leverage modern technology to achieve our most pressing human needs as a society. Money and data are only tools in our journey to transform industries — and the world — by empowering the mission-driven startups and founders poised to shake things up.
Our funds go to supporting portfolio companies focused on capital efficiency, not vanity metrics or office space. We are in the field and meeting with our founders and investors to understand their challenges and successes and help fuel positive results.
Does ESG and DEI play a role in your culture and portfolio companies?
Diversification of a portfolio is as important as diversification of people.
Environmental, Social, and Governance (ESG) and Diversity are part of our values.
Unlocking growth potential goes beyond money and creating wealth for founders and investors. We have a responsibility — through our investment activity — to improve our communities via fostering innovation, creating jobs and equitable wealth and working towards vibrant and evolving Environmental, Social, and Governance (ESG) practices.
Metiquity benchmark our practices by following the UN’s sustainable development goals and the CFA’s EGS guidelines.
We are proud to say out of our first companies, half are either founded or co-founded by women. Metiquity was formed to unlock growth potential for innovative founders on the cusp of commercialization and pioneering investors who invest capital alongside them. This means actively seeking out the most diverse teams, founders and ideas possible – this is part of good governance, and successful portfolio building.
It’s also the right thing to do and important for our region to put ESG, as well as diverse founders and teams, first. More diverse teams, ecosystems and business models equal more diverse perspectives and ideas at the table and ultimately better innovations, as well as bottom-line results across the board.