StepChange is a Western Canada-based private investment firm that invests in innovative businesses that are scaling for rapid growth.
Growth capital is a type of private equity investment focused on financing companies seeking to expand operations. Unlike early-stage or seed funders, growth capital targets companies that have established their product or service in the market and are ready to accelerate growth. Such investments focus on businesses with established market validation, proven revenue streams and a clear vision for future expansion. Growth capital is primarily for financing the expansion of sales & marketing into new and existing markets and scaling operations.
A growth capital firm’s support often extends beyond financing. Growth capital will provide strategic guidance and access to a broader network of advisors. This guidance ranges from reviewing the company’s expansion plans to strategic funding and corporate governance recommendations. Advisors may assist with everything from due diligence to augmenting the company’s executive team.
By channeling resources into these companies, growth capital investors like StepChange provide strategic support to assist management in achieving their growth objectives efficiently and sustainably.
StepChange is focused on providing early-stage growth capital to pioneering technology and high-growth potential businesses in Western Canada. These businesses typically have technologies that "do more with less" that support the natural resource sector. This includes core and adjacent sectors to agriculture, water, power, energy,
oil & gas and environmental services We aim to accelerate a business’ growth through our investment. In the conventional emerging business funding spectrum, we fit between a later series seed funding growth financing round and an early institutional private equity investment.
The technology based businesses that StepChange invests in uniquely solve global problems. Our focus comes from decades of experience in our region's natural resources, agricultural and energy sectors, along with our active involvement in its transformation today. This said, we also actively seek entrepreneurs breaking ground in adjacent areas.
StepChange will consider any ready-for-scale businesses that fit within our areas of focus – provided they have a solid, sustainable competitive position through technology or other sources of competitive advantage and meet our investment criteria.
