About Tier One Capital
Tier One Capital is a venture capital firm founded in 2014. It is primarily based out of Toronto, Canada. As of Jul 2015, Tier One Capital has invested in 21 companies. It primarily invests in Series A round in Canada based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to FinTech and Auto Tech. Most recently it participated in the $***** Series A round of GroupBy Overall, Tier One Capital portfolio has seen 11 acquisitions including key companies like Financeit, ZoneTV and Mobify. BEST Funds co-invest with Tier One Capital, sharing a substantial percentage of its portfolio.Tier One Capital's List of Top Investments
Tier One Capital has a portfolio of 21 companies. Their most notable investmentis in GroupByTheir portfolio spans across Canada and United States. They have invested in Enterprise Applications, FinTech, Auto Tech and 14 other sectors, across stages such as Series A stage. Here is the list of top investments by Tier One Capital:1. Financeit
Point-of-sale consumer financing solution. It offers a point of sale financing to customers for purchases from the partnered businesses. It enables pre-authorized payments to pay off the plan. It pre-approves applicants based on the credit reports. Interest rates vary depending on the size of the payment plan, the details of the credit report, and the type of product or project purchased.
Key facts about Financeit
- Founded Year: 2011
- Location: Toronto (Canada)
- Stage: Acquired
- Total Funding till date: $41.9M
- Employee Count: 242 as on Jul 01, 2024
- Investors: Goldman Sachs, TTV Capital and 11 Others
- Latest Funding Round: Series C, Dec 14, 2017, $*****
- Highlight: Acquired
2. Dejero
Technology solutions provider for broadcasting. It provides media broadcasting services that include remote acquisition, management & distribution of professional live video over IP networks. It offers live broadcasting of news and other stories through wireless video cellular networks. Offers LIVE Plus platform for broadcasters, media organizations, and mobile production companies to transmit the live video over a cellular network. It also provides public transit/transportation operators with end-to-end connectivity solutions like software, hardware, network & connectivity services for bus, rail, and vehicle fleets.
Key facts about Dejero
- Founded Year: 2008
- Location: Waterloo (Canada)
- Stage: Series C
- Total Funding till date: $87.8M
- Employee Count: 133 as on Feb 28, 2026
- Investors: Golden Triangle Angel Network, Multiplier Capital and 9 Others
- Latest Funding Round: Venture Debt, Dec 04, 2025, $*****
- Highlight: Editors' Pick
3. IMS
IMS provides a tech-enabled platform offers usage-based insurance solutions for connected vehicles. It offers hardware and software-enabled solutions for users. It offers DriveSync is a cloud-based software that gathers all the telematics-based customer data to the insurers to develop new products. It features vehicle management software, collision alert, claim processing, and more. It also offers connected solutions for mobility administrators, OEMs, and governments.
Key facts about IMS
- Founded Year: 2019
- Location: Waterloo (Canada)
- Stage: Funding Raised
- Employee Count: 215 as on Mar 31, 2026
- Investors: Tier One Capital
- Highlight: Editors' Pick
4. ZoneTV
Digital entertainment network for Pay TV. It aggregates digital-first brands into channel lineups for PayTV. It combines PayTV and OTT to deliver programming to TV households through distribution partners and helps to generate advertising and subscription-based revenue-share opportunities. Also provides direct integration with set-top boxes.
Key facts about ZoneTV
- Founded Year: 2002
- Location: Toronto (Canada)
- Stage: Acquired
- Total Funding till date: $26.6M
- Employee Count: 31 as on Dec 31, 2024
- Investors: TD Bank, BEST Funds and 2 Others
- Latest Funding Round: Series A, Oct 11, 2022, $*****
- Highlight: Acquired
5. Mobify
Mobify is an open eCommerce platform to optimise websites for mobile and tablet devices. Enterprises like Starbucks, Lululemon, Bosch, Ideeli and Threadless, Expedia, Coastal.com use Mobify products. Developers can build adaptive web experience by remixing HTML, CSS and JavaScript with Mobify open-source tools like Mobify.js and Mobify Cloud services.
Key facts about Mobify
- Founded Year: 2007
- Location: Vancouver (Canada)
- Stage: Acquired
- Total Funding till date: $25M
- Employee Count: 6 as on Sep 05, 2025
- Investors: Comerica, Acton Capital and 10 Others
- Latest Funding Round: Series B, Sep 24, 2017, $*****
- Highlight: Acquired
Tier One Capital's Investments by Stage
Tier One Capital has made 1 investment in Series A stage with an average round size of $2.31M.Tier One Capital's Investments by Sector
Tier One Capital has a diverse portfolio, with companies operating in the Enterprise Applications, Retail and Vertical SaaS. Notably, it has invested in 17 Tech companies, 16 Enterprise (B2B) companies, 14 Software companies and at least 6 companies focusing on Saas.Sector | No. of Investments |
|---|---|
Enterprise Applications | 1 |
Retail | 1 |
Vertical SaaS | 1 |
Note: We have considered here, only first round of investments
Tier One Capital's Investments by Geography
Tier One Capital has made most investments in Canada (1).Tier One Capital's recent investments
Tier One Capital has not made any investment in 2026 so far.Here are the most recent investments by Tier One Capital:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Jul 20, 2015 | Canada | Series A | 9412 |
Acquired companies in Tier One Capital's Portfolio
11 companies from Tier One Capital's portfolio have been acquired. The most recent acquisition were GroupBy in Feb 2025 by Rezolve.Here are Tier One Capital's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Feb 13, 2025 | Jul 20, 2015 | Series A | 7522 | |
Jan 24, 2024 | - | - | 1550 | |
Feb 11, 2022 | - | - | 2131 | |
Nov 01, 2021 | - | - | 5382 | |
Mar 08, 2021 | - | - | 8399 |
Co-investors of Tier One Capital
Over the past 11 years, 2 investors have co-invested in Tier One Capital's portfolio companies. This includes funds and angels.
- Top Co-investors of Tier One Capital: BEST Funds entered a company along with Tier One Capital.
- Invested after Tier One Capital: PeakSpan Capital (1 company) is the only investor which has invested in Tier One Capital's portfolio after their investments.
Recent News related to Tier One Capital
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Tier One Capital Limited Partnership Announces Q2 2017 DistributionACCESSWIRE•Apr 04, 2017•Tier One Capital
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