CINDICATES

Win Together – Startups, Investors, Community.

Victoria based, investing across B.C.

A New Victoria BC Seed Fund Investing into Promising Local Startups, Creating Long Term Value for Investors, Community, and our Planet.

Who We Are

WHAT WE VALUE

Integrity

Excellent communication and transparency

Perseverance

Passion and Drive

Diversity

High standards

Inventiveness

Commitment

Relentlessness

Focus

WHAT WE LIKE TO INVEST INTO

Local Vancouver Island start ups, working with them to achieve potential
BC based with BC credits status
Due diligence done collaboratively and transparently
Pre-seed to Series A
Passionate, diverse and committed founders and teams with the ability and drive to execute
Companies that are focused on delivering a better future
Observers, Listeners and Doers

What We Like

MEET THE TEAM

STEPHANIE ANDREW

General Partner & CFO

Stephanie Andrew is the former VP Finance at TIMIA Capital. Previously Stephanie was Associate Partner, Diligence at Espresso Capital, an innovative financial firm that provides tax credit and recurring revenue financing to growing technology companies. At Espresso, Stephanie led due diligence and risk assessment efforts on over 100 corporate debt/equity financings ranging from one hundred thousand to several million dollars and was actively involved in shaping the company’s credit scoring methodology and compliance practices.

Stephanie is an active investor in early stage companies, a Client Advisory Board member with the University of Victoria’s Innovation Centre for Entrepreneurship program and a former Board member with the CFA Society Victoria. Stephanie completed a MSc in Molecular Biology and Medical Genetics at the University of Toronto, an MBA at the Schulich School of Business and is a CFA charterholder.

Our Team

JAMES DEGREEF

Managing Partner & President

James co-founded GenoLogics, grew a great team, raised Venture Capital, and sold genomics systems into pharmaceutical companies, biotechs, and hospitals in North America and Europe. James lead the GenoLogics product efforts and market strategy. GenoLogics was recently acquired by Illumina, the world leader in Human Genome Sequencing.

James recently co-founded ChatterBlock, a local web company for parents in cities throughout North America, and is involved in many other Victoria start-ups, angel investing, and keen to give back to the Victoria start-up and technology scene.

RICHARD EGLI

General Partner

Richard Egli is the Managing Director of the Alacrity Foundation, a venture builder that invests in and supports entrepreneurs creating thriving technology companies. Richard spearheaded Alacrity’s Investor Readiness Program, which brought $225M of investment into the BC technology sector. He currently runs the Clean Tech Scale Up program connecting BC Cleantech companies with global export and investment opportunities in rapidly developing areas. Richard also manages the strategic direction and operation of the foundation, and sits on the advisory boards of multiple technology startups.

Richard is an active investor in technology companies and real estate projects. He has led real estate development projects with values upward of $50M across Western Canada and the U.S. He continues to source and provide unique work spaces in the growing technology community of Victoria.

Richard holds a B.Com in Entrepreneurship from Royal Roads University and a MBA from the University of Victoria with a specialization in real estate, venture capital, and finance.

PAULA CAREY

General Partner

Paula has an Honours Undergraduate Science Degree from University of Toronto and a 20 year career in industry and government. For many years she has channeled her passion and energy into supporting those who are vulnerable“at the edge” and need small, immediate, and unconditional assistance to remain educated, safe and in control of their lives.Paula is a founding member of the Women’s Equity Lab that won the 2019 Investor of the Year at the Viatech Awards.

Paula is a current Board Director of Craigdarroch Castle and the United Way of Greater Victoria. She lives in Victoria, is happily married for 40 years and has 2 grown children which she calls her Vancouver Child and her Zurich Child. :-) For fun she has taught yoga for the last 20 years.

JORDAN SCHLEY

Principal

Jordan started his career in high school, working at his family grocery business, Quality Foods. After spending 10 plus years managing his first Quality Food store in Courtenay, he was promoted to VP of Store Operations for the South Island region. He later went on to opening numerous award-winning stores and managed various business aspects until it was sold. Jordan is an expert in understanding what it takes to manage award-winning stores and truly understands the ins and outs of running a business.

Jordan has recently founded Care2talk, a local mobile app designed to create an easy-to-use video chat tool for those with cognitive decline or other impairments. Care2Talk identifies a gap in services available to connect seniors or individuals with dementia/cognitive disabilities with their caretakers, family, or friends. It’s a video technology platform that is easily accessible and the most secure product on the market for care facilities.

In addition, Jordan is currently the VP of Operations at Capital Investment Network and has spearheaded many successful fundraising campaigns while building strategic partnerships, contributing to its significant growth. He has organized countless successful educational/pitch events that have connected angel investors with entrepreneurs, strengthening and giving back to the local tech community.

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NAGMA DHILLON

Venture Assoicate

Nagma holds a Bachelor of Commerce Degree and a double specialization in service management and entrepreneurship from Gustavson School of Business. During her time at Gustavson School of Business, she was the President of Young Women in Business. She led and organized countless educational programs and networking events that connected female students with ambitious women to help them step into the workforce or grow their business with the proper set of tools and knowledge to reach their fullest potential.

In addition, Nagma has co-founded an e-commerce company that promotes sustainability and helps individuals reduce their carbon footprint by replacing their single-use face pads with alternative, reusable organic face pads.