Georgian Partners

Georgian Partners is a venture capital firm in Canada that focuses on investing in companies operating in the information technology sectors. Founded 2008 in Toronto, Ontario, Canada by John Berton, Justin LaFayette, and Simon Chong, it invests in late stage ventures, series C, series D, series A, and series B rounds. Its portfolio companies include Top Hat, Xanadu, Trusona, and Reonomy. As of February 2020, Georgian Partners has made 73 investments. Their most recent investment was on February 4, 2020, when Top Hat raised $55M. Georgian Partners has had 15 exits, the most notable of which include Shopify, Cority, and Kony. Georgian Partners has raised five funds, their latest being Georgian Partners Growth Fund V. This fund was announced on February 25, 2020 and raised a total of CA$1.1B.

Georgian invests in enterprise software startups in the US and Canada seeking investment between $20 and $50 million.

Georgian was founded in 2008 and closed its first $70 million fund in 2010 followed by $200 million in its second fund, and $485 million for its third. Georgian raised a fourth fund of $730 million.

In September 2020, it was revealed through a filing with the US Securities and Exchange Commission that Georgian Partners was looking to raise a $996 million CAD ($750 million USD) private venture fund. The September filing showed that Georgian had yet to close any funding at that time. In December 2020, Private Capital Journal reported that the firm held an initial close for the fifth fund, called Georgian Partners Growth Fund V.

As first reported by The Globe and Mail, according to documents filed with US Securities Exchange Commission (SEC) Georgian disclosed it has raised $100 million USD more than its target of $750 million USD, bringing the fund to a total $1.1 billion CAD.