We offer three different ways of investing in venture capital:

• Special Purpose Vehicles (SPVs): Invest in a fund that targets one company

• Funds: Invest in a fund that invests in multiple companies over years

• Secondaries: Buy fund units from existing Brightspark investors

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Brightspark venture capital funds: All the companies that are presented to the Brightspark investor network are sourced and vetted by the venture team at Brightspark Capital. This team has 20 years of experience as venture capitalists and a top quartile track record.

Meet our venture team

Deal by deal investments:

The minimum investment is C$10K per investment, and the average individual investment size is $35K-$50K. When deciding how much to invest, consider diversifying your risk by investing in multiple deals, and plan to reserve some capital for a follow-on strategy.

• Management fees (1.5 to 2% per year for the first 3 years) are used as compensation for Board seating, due diligence, legal paperwork, etc.

• Admin Reserve fee (one-time 2.5 to 4%) is reserved for external out-of-pocket fund expenses such as legal fees, tax and accounting costs

• When there is an exit, Brightspark first returns your contributed capital, and 85% of the returns are distributed amongst Limited Partners. 15% goes to Brightspark as carry.

If you invest in a diversified fund:

The minimum commitment in the fund is usually C$100K.

Fees and carry will vary, but generally:

• Management fees (approx. 2% per year) are used as compensation for Board seating, due diligence, legal paperwork, etc.

• As companies in the fund exit, Brightspark returns contributed capital to Limited Partners, along with additional returns net of a carry (approx. 20%).

As an investor, you make money when (and if) a company in your investment portfolio goes through a liquidation event. You will then receive your initial investment back as well as your allocated portion of the profit.

Brightspark also offers the option to sell your position to other accredited investors through its Secondary Transactions Program.

You should know that:

• Usually, a liquidation event takes the form of an acquisition or an IPO

• The average time before a company exits is 5-7 years, but this varies

• Returns are not guaranteed. Venture capital investments are very risky, and you could lose your entire investment.

• A sale through the Secondary Transaction Program is not guaranteed.

Brightspark vs investing directly in a company as an angel investor

• Your investment will benefit from venture capital terms, giving you preferred terms and protective provisions.

• Your investment will be sourced, pre-screened and vetted by our team of VCs.

• You do not need to be actively involved with the company after you invest. Your investment is completely managed by the professionals at Brightspark: we usually take a board seat, and we dedicate our time to ensure that the company – and your investment– grows to its maximum potential. Brightspark will work to maximize your investment.

• We provide professional quarterly reports and account statements to investors.

• You will not own any direct equity/shares in the company. Rather, you will own units in a Limited Partnership Fund.

Brightspark vs other VC Funds

• Lowered barriers to entry: $100k minimum investment threshold (10% due on commitment, capital calls of approximately 20% per year for 5 year thereafter).

• Ability to flex up in a specific investment with our deal-by-deal investment model.

• Team & track record: The Fund is led by one of the most experienced teams in Canada with a proven ability to generate strong financial returns. Through our network and connections, our team has access to proprietary deal flow in Canada.

Brightspark vs equity crowdfunding

• There is no membership fee to join our network, and we never charge the company.

• Your investment will be sourced, pre-screened and vetted by our team of VCs.

• Your investment will benefit from venture capital terms, giving you preferred terms and protective provisions.

• Your investment is professionally managed by venture capitalists. Brightspark usually takes a board seat, and we dedicate our time to ensure that the company – and your investment– grows to its maximum potential. Brightspark will work to maximize your investment.

• We provide professional quarterly reports and account statements to investors.

• You will not own any direct equity/shares in the company. Rather, you will own units in a Limited Partnership Fund.

• Brightspark investments are available to accredited investors only.