About Gibraltar
Gibraltar is a venture capital firm founded in 2013. It is primarily based out of Toronto, Canada. As of Dec 2020, Gibraltar has invested in 11 companies. It primarily invests in Seed round in Canada based startups. Its investments are spread across a wide range of sectors from Retail to Enterprise Applications and Consumer. Most recently it participated in the $***** Post IPO round of LXR&CO Overall, Gibraltar portfolio has seen 2 IPOs and 3 acquisitions including key companies like Spotify, Blue Ant Media and LXR&CO. A lot of funds co-invest with Gibraltar, with names like Foundation Capital sharing a substantial percentage of its portfolio. Gibraltar has team of 6 people including 6 partners.Key Metrics
Team Members
Portfolio Sectors
Rounds of Entry
Seed & Post IPO
Portfolio IPOs
Gibraltar's List of Top Investments
Gibraltar has a portfolio of 11 companies. Their most notable investmentis in Lunata BeautyTheir portfolio spans across Canada, Sweden and United States. They have invested in Retail, Enterprise Applications, Consumer and 4 other sectors, across stages such as Seed, Post IPO stages. Here is the list of top investments by Gibraltar:1. Spotify
Provider of a platform for streaming digital music and podcasts. The platform allows users to listen to a wide variety of audio content. It is accessible via web browsers and dedicated applications.
Key facts about Spotify
- Founded Year: 2006
- Location: Stockholm (Sweden)
- Annual Revenue: €1B+ as on Dec 31, 2025
- Stage: Public
- Total Funding till date: $2.06B
- Employee Count: 19,363 as on Jul 31, 2026
- Investors: ADS Ventures, 2020 Ventures and 127 Others
- Latest Funding Round: Post IPO, Feb 10, 2023, $*****
- Highlight: Public
2. Sheertex
SHEERTEX is an internet-first brand of women's innerwear. It offers pantyhoses which are made of fibres used in bulletproof vests, climbing equipment and fishing line. The company claims to provide the toughest pair of sheer pantyhose.
Key facts about Sheertex
- Founded Year: 2017
- Location: Montreal (Canada)
- Stage: Series C
- Total Funding till date: $161M
- Employee Count: 62 as on Aug 31, 2026
- Investors: Zeno Ventures, Giano Capital and 14 Others
- Latest Funding Round: Series C, Apr 20, 2022, $*****
- Highlight: Editors' Pick
Blue Ant Media is a content producer, distributor & channel operator. It operates various media channels. It creates content of various categories including outdoor living, nature, music, lifestyle, wildlife, documentary, comedy, etc. and distributes the unscripted content on television, digital, magazines, and live events. It also offers custom video production, distribution, community management, and influence marketing services, as well as digital, broadcast, print, distribution services. It also engages in the businesses such as media networks, TV station, and broadcast channels, etc.
Key facts about Blue Ant Media
- Founded Year: 2011
- Location: Toronto (Canada)
- Stage: Public
- Employee Count: 539 as on Aug 31, 2026
- Investors: Gibraltar, Kensington Capital Partners and 2 Others
- Latest Funding Round: PE, Dec 21, 2011, $*****
- Highlight: Public

4. Alida
Platform offering customer success management software. It provides a platform that allows companies to build engaged and secure communities of customers they can use continuously, across the enterprise, for ongoing, real time feedback and insight. Its products include Insight communities, online communities where companies gain feedback from their customers and stakeholders. It also provides a tool that taps into the ideas of customers, employees, or other stakeholders for innovation and new product development.
Key facts about Alida
- Founded Year: 2000
- Location: Toronto (Canada)
- Stage: Series D
- Total Funding till date: $65.5M
- Employee Count: 344 as on Aug 31, 2026
- Investors: Teralys Capital, Georgian and 18 Others
- Latest Funding Round: Conventional Debt, Nov 09, 2022, $*****
- Highlight: Editors' Pick
5. CrowdRiff
CrowdRiff is a visual content platform, which provides brand a fully searchable collection of curated visual assets from across the social web to post, publish and embed. Platform also lets brands gain rights to photos and videos shared by individuals on social platforms by sending individual shoutouts to directly engage with them. Client list includes FOX, Universal Music, Netflix and more.
Key facts about CrowdRiff
- Founded Year: 2011
- Location: Toronto (Canada)
- Stage: Series A
- Total Funding till date: $11.1M
- Employee Count: 90 as on Aug 31, 2026
- Investors: Foundation Capital, BDC Capital and 6 Others
- Latest Funding Round: Series A, Oct 04, 2018, $*****
Gibraltar's Year-on-Year Investment Trends
Gibraltar has invested in 13 companies over the last 11 years, with an average of 0 new investment annually in the last 10 years. Its most recent first time investment was in LXR&CO and most recent follow-on round was in LXR&CO.Gibraltar's Investments by Stage
Gibraltar has made 3 investments in Seed stage with an average round size of $2.1M and 1 investment in Post IPO stage with an average round size of $588K.Stage of entry | No. of Investments |
|---|---|
Seed | 3 |
Post IPO | 1 |
Note: We have considered here, only first round of investments
Gibraltar's Investments by Sector
Gibraltar has a diverse portfolio, with companies operating in the Consumer, Retail, Business Services and Enterprise Applications. Notably, it has invested in 9 Tech companies, 6 Consumer (B2C) companies, 6 Enterprise (B2B) companies and at least 5 companies focusing on Software.Sector | No. of Investments |
|---|---|
Consumer | 2 |
Retail | 2 |
Business Services | 1 |
Enterprise Applications | 1 |
Note: We have considered here, only first round of investments
Gibraltar's Investments by Geography
Gibraltar has made most investments in Canada (4).Gibraltar's recent investments
Gibraltar has not made any investment in 2026 so far.Here are the most recent investments by Gibraltar:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Dec 07, 2020 | Canada | Post IPO | 6062 | ||
May 26, 2020 | Canada | Post IPO | 2201 | - | |
Nov 28, 2018 | Canada | Seed | 6339 | ||
Oct 04, 2018 | Canada | Series A | 3486 | [+2] | |
Mar 16, 2016 | Canada | Seed | 6954 | [+2] |
IPOs and Publicly Listed companies in Gibraltar's Portfolio
2 of Gibraltar's portfolio companies have become public. Blue Ant Media got listed on the Toronto Stock Exchange (TSX), in Mar 2025 and Spotify got listed on the New York Stock Exchange (NYSE) at marketcap of undefined.Here are Gibraltar's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Mar 21, 2025 | - | - | 7136 | |
Apr 06, 2018 | - | - | 3335 |
Acquired companies in Gibraltar's Portfolio
3 companies from Gibraltar's portfolio have been acquired. The most recent acquisition was LXR&CO in Nov 2023 by Fashionphile for $*****.Here are Gibraltar's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Nov 13, 2023 | May 26, 2020 | Post IPO | 4058 | |
Sep 07, 2017 | - | - | 7987 | |
Feb 17, 2016 | Jul 13, 2015 | Seed | 3207 |
Team profile of Gibraltar
Gibraltar has a team of 6 members including 6 Partners located in Canada and Spain. Gibraltar's team does not sit on the board of any company as of now.Here is a list of all team members in Gibraltar:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Toronto | - | ||
Partner | Canada | - | ||
Partner | Toronto | - | - | |
Partner | Spain | - | - | |
Partner | Toronto | - | - | |
Partner | Montreal | - |
Co-investors of Gibraltar
Over the past 11 years, 13 investors have co-invested in Gibraltar's portfolio companies. This includes funds and angels.
- Invested before Gibraltar: Windsor Private Capital has invested before Gibraltar.
- Top Co-investors of Gibraltar: 9 investors entered a company along with Gibraltar. These include investors like Foundation Capital (1 company).
- Invested after Gibraltar: A total of 3 investors have invested in Gibraltar's portfolio after their investments. Top Investors include BDC Capital (1 company), Leaders Fund (1 company) and Camillo di Prata (1 company).
Recent News related to Gibraltar
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Gibraltar & Company, Inc. Announces Acquisition Of Debenture Units Of Lxrandco, IncCNW•Mar 31, 2023•Gibraltar, LXR&CO
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Gibraltar & Company, Inc. Announces Acquisition of Class B Shares of LXRandCo, Inc.Financial Post•Dec 24, 2020•Gibraltar, LXR&CO
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Gibraltar & Company, Inc. Announces Acquisition of Class B Shares of LXRandCo, Inc.Calgary Herald•Dec 24, 2020•Gibraltar, LXR&CO
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CrowdRiff raises $9 million Series A to power visual content for the world’s travel brandsGlobeNewswire•Oct 04, 2018•CrowdRiff, Leaders Fund, High Alpha, Gibraltar and 1 other
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Hilco sells Canadian brand Tilley to Gibraltar & CompanyFashionunited World Wide•Jul 30, 2018•Hilco Capital, Tilley Endurables, Gibraltar, Re:Capital
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Gibraltar Growth Corporation Reports First Quarter of Fiscal 2017 Financial ResultsCNW•May 15, 2017•Gibraltar
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LXR, purveyor of branded vintage handbags, to be acquired by Gibraltar SPACMontreal in Technology•Apr 25, 2017•LXR&CO, Gibraltar
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