$17M sweet spot round size
Most of their 12 investments are in rounds between $15M and $25M
2009
Coveo raised $35M on November 5, 2015
Investors: Propulsion Ventures (formely Telsoft Ventures), BDC Capital and Tandem Expansion Fund
Beyond the Rack raised $25M on November 26, 2013
Investors: Panorama Capital, HCP Ltd, IRIS, Inovia Capital and Tandem Expansion Fund
Anaergia Inc. raised $46M on October 7, 2013
Investors: Global H2O Investments, Export Development Canada | Exportation et développement Canada and Tandem Expansion Fund
Coveo raised $18M on December 10, 2012
Investors: Access Capital, Propulsion Ventures (formely Telsoft Ventures) and Tandem Expansion Fund
Blueprint Software Systems raised $16M on May 2, 2012
Investors: Tandem Expansion Fund
Densify raised $15M on March 27, 2012
Investors: Sigma Prime Ventures, Sigma Partners, EdgeStone Capital Partners and Tandem Expansion Fund
Beyond the Rack raised $37M on November 9, 2011
Investors: Panorama Capital, Inovia Capital, HCP Ltd, Export Development Canada | Exportation et développement Canada and Tandem Expansion Fund
Nexterra Systems Corp. raised $15M on March 2, 2011
Investors: ARC Financial Corp. and Tandem Expansion Fund
Solace raised undisclosed on November 2, 2010
Investors: Tandem Expansion Fund
Undisclosed raised $15M on August 17, 2010
Investors: Tandem Expansion Fund