INDIVIDUAL INVESTMENTS

Build a customized venture portfolio

Access any of our investment opportunities and only invest in the ones that fit your personal criteria.
Investor Spotlight

"The ability to individually select my VC investments injects a bit of fun into the investment process."

Watch Earl's story
How it works

Invest in VC funds that target a single company

Every time Brightspark invests in a new company, we create a new Special Purpose Vehicle (SPV) Limited Partnership Fund that is open to accredited investors.

Individuals, family offices, trusts, and corporations that meet the definition of an accredited investor can participate in Brightspark investments. Our team will also work with you to assess whether you are suitable for venture capital investments based on your financial situation and investment goals.

Generally, an individual is an accredited investor if they meet at least one of the statements below:

  • You earned a net income before taxes exceeding $200,000 (or $300,000 combined income with a spouse) in each of the two most recent years and who reasonably expects to exceed that net income in the current year;
  • You, alone or with a spouse, own at least $1 million in financial assets (cash and securities) before taxes. In calculating your financial assets, any outstanding loans incurred to acquire those assets must be deducted.
  • You hold alone or with a spouse at least $5 million in net assets;
  • You are investing as a corporation, limited partnership, trust or estate that has net assets of at least $5 million;
  • You currently are, or once was, a registered advisor or dealer, other than a limited market dealer.

The minimum investment is C$10,000 per individual investment (the average is $35,000-$50,000).

When deciding how much to invest, take into consideration that we suggest you diversify your risk by investing in multiple deals, and plan to reserve some capital for a follow-on strategy.

 A portion of your investment is applied to fees:

  • A management fee (1.5 to 2% per year for the first three years) is used as compensation for sitting on sitting on boards of directors, due diligence, legal paperwork and overhead. 
  • A one-time admin reserve fee (2.5%-4% of the investment) covers external out-of-pocket fund expenses such as legal fees, tax and accounting costs.

You should also know about our performance fee (also called "carry"). When a company exits, Brightspark (pro-rata) returns 100% of the limited partners’ initial contribution first, and then distributes 85% of the remaining distribution to them. The remaining 15% of profits goes to Brightspark as carry.

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. Contact us to learn more.

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. VC investments are very risky, and you could lose your entire investment.
  • A successful sale through the Secondary Transaction Program is not guaranteed.

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 team

Brightspark vs investing directly in a company as an angel investor

  • You will not own any direct equity/shares in the company. Rather, you will own units in a Limited Partnership Fund.
  • 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 provide professional quarterly reports and account statements to investors.

Brightspark vs equity crowdfunding

  • Brightspark investments are available to accredited investors only.
  • There is no membership fee to join our network, and we never charge the company.
  • You will not own any direct equity/shares in the company. Rather, you will own units in a Limited Partnership Fund.
  • 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 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.

Venture capital investments involve a high level of risk, and investors could lose all of their investment. The best way to offset the risk is to build a diversified portfolio of multiple VC investments. 

You can read our full risk disclaimer here

Investment process

Start investing in venture capital in a few easy steps

Step 1

Create your investor account

​Setup takes just a few minutes; simply answer a few questions to validate your accreditation and tell us your investment goals.

Individuals, family offices, trusts, and corporations that meet the definition of an accredited investor can participate in Brightspark investments. Our team will also work with you to assess whether you are suitable for venture capital investments based on your financial situation and investment goals.

Generally, an individual is an accredited investor if they meet at least one of the statements below:

  • You earned a net income before taxes exceeding $200,000 (or $300,000 combined income with a spouse) in each of the two most recent years and who reasonably expects to exceed that net income in the current year;
  • You, alone or with a spouse, own at least $1 million in financial assets (cash and securities) before taxes. In calculating your financial assets, any outstanding loans incurred to acquire those assets must be deducted.
  • You hold alone or with a spouse at least $5 million in net assets;
  • You are investing as a corporation, limited partnership, trust or estate that has net assets of at least $5 million;
  • You currently are, or once was, a registered advisor or dealer, other than a limited market dealer.
Step 2

Browse open investment opportunities

Review key information (founding team, product, market, and more) that can help you decide whether or not an opportunity interests you. We send you an email every time a new investment opportunity is available for your review.

We share information about the company and technology, the management team, competitive landscape, industry data, use of funds, as well as any other information that can help you make an investment decision. Often, we post a video pitch featuring the company's management team and Brightspark's investment team.

We currently invest in approximately 5 to 7 new early-stage companies per year.

All companies are vetted thoroughly through the Brightspark due diligence process. We commit to only invest in what we think are the best early-stage companies in Canada. This means that the investment cadence may vary, depending on the quality of the deal flow we are seeing.

Usually, our investments are fully subscribed in 5 to 20 days, but this varies.

Sometimes, our investments get oversubscribed and it happens quickly, so we encourage investors to let us know if they want to participate in the investment as soon as possible to secure allocation room.

Our team is available to answer any questions you have about the opportunity. We often post questions and answers for other investors to see.

Step 3

Invest online using our secure platform

The entire investment process is paperless and automated on our secure platform: from reviewing our due diligence, connecting to your bank, and accessing a live dashboard of your investments. 

You have the option to send your funds online through your bank, send them via wire transfer, or send a cheque (delivered by mail or in-person).

We designed the entire investment process to be paperless. To complete an investment, we simply require that:

  • Your accreditation and suitability has been validated (via an online form, followed by a phone call with our team); and that
  • You have read and signed the online Limited Partnership Agreement for that SPV fund.

We go to great lengths to keep all account information safe and private on our investor platform. All of our investor's account details are stored on our servers using AES-256 encryption, the same level of security as the world's largest commercial banks. In addition, all traffic goes over Secure Socket Layer (SSL) security to prevent third parties from accessing connection to the platform.

Step 4

Stay updated on your investments

You will receive detailed quarterly reports,​ have access to an online dashboard of your portfolio and financial statements, and be invited to our exclusive annual investor summit.

Every quarter, we send you a report containing updates and commentary on all of your Brightspark investments. We also issue quarterly and early financial statements - a summary of all of your current investments and their current unrealized value.

We also send monthly newsletters, which include news and updates on all of our portfolio companies. 

You will not have a direct line to the portfolio company - Brightspark usually takes a Board seat and follows the company closely - meeting and speaking on at least a monthly basis. This approach benefits the portfolio company, which doesn’t have to manage multiple Limited Partners.

You will get the opportunity to meet with the management team of your portfolio companies at select Brightspark events, and at our annual investor summit.

Occasionally, the Brightspark team will make connections that they think will be beneficial to the portfolio company.

After you complete your investment, you will get a copy of your signed Limited Partnership Agreement and your units certificate.

Thereafter, you will receive quarterly updates, which is a summary of key business metrics, and our investment team's commentary on the progress of your investments.

You will also receive tax documents, as well as quarterly and annual account statements – which are a financial summary of all of your investments and their current unrealized value.

GET STARTED

Start building your customized VC portfolio

Join 5,000+ tech investors on our platform

EXPLORE OUR PRODUCTS

Looking for a more passive approach?

The Brightspark Canadian Opportunities Fund is a one-time investment in a Fund with a standard VC structure that will invest in a diversified portfolio of 15 to 35 early-stage tech companies.