Organization · Other
Canadian Business Growth Fund (CBGF)
The Canadian Business Growth Fund (CBGF) is an independent growth-equity investment firm based in Toronto, Ontario, focused on providing long-term minority capital to profitable mid-market Canadian businesses. Established in 2018, CBGF supports entrepreneurs with capital commitments of approximately CAD 545 million.
Overview
What Canadian Business Growth Fund (CBGF) does
What Canadian Business Growth Fund (CBGF) is
The Canadian Business Growth Fund (CBGF) is an independent growth-equity investment firm based in Toronto, Ontario, focused on providing long-term minority capital to profitable mid-market Canadian businesses. Established in 2018, CBGF supports entrepreneurs with capital commitments of approximately CAD 545 million.
How it participates in the startup ecosystem
The current public profile supports funder capabilities. Each capability below is shown separately so organization identity and role-specific information do not get conflated.
Operational profile
Organization status and context
Organization status describes the entity itself. Funding and program availability appear within the relevant capability profile.
- Operational status
- Active
- Organization type
- Other
- Founded
- Founded in 2018
- Approximate age
- About 8 years
- Structured capabilities
- Funder
- Last reviewed
- May 3, 2026
Official channels
Find Canadian Business Growth Fund (CBGF) elsewhere
Open the official website or a supported primary organization account.
Capability profile
Canadian Business Growth Fund (CBGF) as a funder
Investment thesis
CBGF provides long-term, patient, minority capital to Canadian entrepreneurs pursuing growth and expansion.
Focus narrative
CBGF invests in profitable or near-profitable mid-market companies with annual revenues of CAD 5 million or more. The fund typically invests between CAD 5 million to CAD 20 million in exchange for a minority equity stake of 10% to 40%. CBGF targets companies across various sectors, including Consumer Discretionary, Information Technology, Industrials, Health Care, Financial Services, and Education.
Value beyond capital
CBGF provides not only capital but also expertise and support to help portfolio companies scale effectively. The fund's backing is designed to empower entrepreneurs with the resources they need to drive growth and realize their potential.
Terms and economics
- Typical check
- $5,000,000–$20,000,000
- Sweet spot
- $10,000,000
Focus and fit
- Stages
- Growth Equity
- Sectors
- ConsumerHealthcare
- Regions
- North America
Availability
- Currently deploying
- Yes
Portfolio and track record
- Recorded portfolio count
- 138
Portfolio context
Amilia: Activity management software based in Montreal, QC. Appficiency: IT services and consulting firm based in Mississauga, ON. Appnovation: Digital consulting firm based in Vancouver, BC. Busbud: Travel booking platform. Cold Bore Technology: Technology solutions for the oil and gas industry. Connected: Technology solutions provider. Environmental 360 Solutions: Environmental services company. Felix: A company focused on providing innovative solutions. Kudos: Employee recognition platform. PayBright: Payment solutions provider. Vendasta: Platform for managing digital services for businesses.
Common questions
What to know about Canadian Business Growth Fund (CBGF)
Upseed classifies Canadian Business Growth Fund (CBGF) under the Other organization type. Its current public profile includes funder capabilities.
Source and update disclosure
Know what this page is based on
Source basis
Public organization and program material, official websites, and structured Upseed records.
Last reviewed
May 3, 2026
Known limits
Capability profiles appear only when a structured public profile also contains decision-useful role evidence. Terms and availability can change.
Upseed is an independent guide. It is not affiliated with or endorsed by the organization described on this page.