About Dynamic Funds
Dynamic Funds is a venture capital firm founded in 1957. It is primarily based out of Toronto, Canada. As of Sep 2015, Dynamic Funds has invested in 2 companies. It primarily invests in Series B round in Canada based startups. Its investments are spread across a wide range of sectors from Consumer to Life Sciences and Retail. Most recently it participated in the $***** Series D round of Veran Medical Overall, Dynamic Funds portfolio has seen 1 IPO and 1 acquisition, namely BuildDirect and Veran Medical. A lot of funds co-invest with Dynamic Funds, with names like Mogo sharing a substantial percentage of its portfolio. Dynamic Funds has team of 61 people including 1 partners.Key Metrics
Team Members
Portfolio Count
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series B & Series D
Portfolio IPOs
Portfolio Acquisitions
Dynamic Funds' List of All Investments
Dynamic Funds has a portfolio of 2 companies. Their most notable investmentis in BuildDirectTheir portfolio spans across Canada and United States. They have invested in Consumer, Life Sciences, Retail and 1 other sectors, across stages such as Series B, Series D stages. Here is the list of all investments by Dynamic Funds:
1. BuildDirect
BuildDirect is an online B2B marketplace for building and home improvement products. The product catalog includes tiles, carpets, roofing materials, and kitchen and bathroom products. The commission taken varies according to the product. It provides a virtual tool to design and customize renovations on a blueprint. It also offers affiliation programs.
Key facts about BuildDirect
- Founded Year: 1999
- Location: Vancouver (Canada)
- Stage: Public
- Total Funding till date: $150M
- Employee Count: 74 as on Sep 30, 2026
- Investors: Northgate Capital, Pender Growth Fund and 16 Others
- Latest Funding Round: Post IPO, Jul 18, 2025, $*****
- Highlight: Public
Veran Medical Technologies develops medical devices for detection and minimally invasive treatment of lung cancer. Veran's IG4 Plug-N-Play Delivery System uses electromagnetic navigation and respiratory tracking to enable physicians to target small lesions. Its IG4 Platform allows clinicians to visualize information integrated with a CT dataset, such as respiration, contrast-enhanced structures, PET, and ultrasound.
Key facts about Veran Medical
- Founded Year: 2005
- Location: St. Louis (United States)
- Stage: Acquired
- Total Funding till date: $155M
- Employee Count: 10 - 49 as on Mar 01, 2026
- Investors: Versant Ventures, Vensana Capital and 13 Others
- Latest Funding Round: Conventional Debt, Dec 19, 2018, $*****
- Highlight: Acquired
Dynamic Funds' Investments by Stage
Dynamic Funds has made 1 investment in Series B stage with an average round size of $13M and 1 investment in Series D stage with an average round size of $41.7M.Dynamic Funds' Investments by Sector
Dynamic Funds has a diverse portfolio, with companies operating in the Consumer, Life Sciences, Real Estate and Construction Tech and Retail. Notably, it has invested in 2 Enterprise (B2B) companies, 2 Tech companies and 1 Marketplace company.Sector | No. of Investments |
|---|---|
Consumer | 1 |
Life Sciences | 1 |
Real Estate and Construction Tech | 1 |
Retail | 1 |
Note: We have considered here, only first round of investments
Dynamic Funds' Investments by Geography
Dynamic Funds has made most investments in Canada (1), followed by United States where it has made 1 investment.Dynamic Funds' recent investments
Dynamic Funds has not made any investment in 2026 so far.Here are the most recent investments by Dynamic Funds:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Sep 18, 2015 | United States | Series D | 6123 | [+6] | |
Nov 07, 2013 | Canada | Series B | 8478 |
IPOs and Publicly Listed companies in Dynamic Funds' Portfolio
1 of Dynamic Funds' portfolio company became public - BuildDirect. It got listed on the Toronto Stock Exchange - Venture Exchange (TSX-V), in Aug 2021 at marketcap of undefinedHere are Dynamic Funds' portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Aug 18, 2021 | Nov 07, 2013 | Series B | 3339 |
Acquired companies in Dynamic Funds' Portfolio
1 company from Dynamic Funds' portfolio has been acquired. The most recent acquisition was Veran Medical in Dec 2020 by Olympus for $*****.Here are Dynamic Funds' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Dec 04, 2020 | Sep 18, 2015 | Series D | 3640 |
Team profile of Dynamic Funds
Dynamic Funds has a team of 61 members including 1 Partner and 25 Principals located in Canada. Dynamic Funds' team does not sit on the board of any company as of now.Here is a list of top team members in Dynamic Funds:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Toronto | - | - | |
Principal | Toronto | - | ||
Principal | Toronto | - | ||
Principal | Toronto | - | ||
Principal | Toronto | - | ||
Principal | Toronto | - | ||
Principal | - | - | ||
Principal | Toronto | - | ||
Principal | Toronto | - | ||
Principal | Toronto | - | ||
Principal | Canada | - |
Co-investors of Dynamic Funds
Over the past 13 years, 22 investors have co-invested in Dynamic Funds's portfolio companies. This includes only funds.
- Invested before Dynamic Funds: OMERS, BDC and 3 others have invested in rounds before Dynamic Funds. There is 1 company where OMERS has invested before Dynamic Funds and 1 company where BDC has invested before Dynamic Funds.
- Top Co-investors of Dynamic Funds: 6 investors entered a company along with Dynamic Funds. These include investors like Mogo (1 company).
- Invested after Dynamic Funds: A total of 11 investors have invested in Dynamic Funds's portfolio after their investments. Top Investors include pelecanusinvestments (1 company), Lyra Growth Partners (1 company) and Beedie (1 company).
Recent News related to Dynamic Funds
•
Scotia Global Asset Management and Dynamic Funds Announce Securityholder Approval for Fund MergersCNW•Aug 13, 2026•Scotiabank, Dynamic Funds
•
•
•
Scotia and Dynamic Funds Announce Proposed Changes Including Fund Mergers and Fee ReductionsCNW•May 01, 2026•Scotia Global Asset Management, Dynamic Funds
•
•
Scotiabank Subsidiary Dynamic Funds to Launch Multi-Crypto ETF in CanadaBitcoin•Mar 05, 2026•Dynamic Funds, 3iQ
•
Dynamic unveils Integrated Portfolios with fee reductions and makes other fund changesCNW•Dec 03, 2025•Dynamic Funds
•
•
Leeds gift set specialist Tilz Prosperitas secures funding to go globalBusiness Link•Oct 23, 2025•Dynamic Funds, Tilz Collection
•
