McRock Capital Market Research Report
Company Overview
- Name: McRock Capital
- Mission: No specific mission was identified in the provided data. However, McRock Capital is described as the first investment firm focused exclusively on the Digital Industrial sector, emphasizing their commitment to investing in people and supporting relentless entrepreneurs aiming to change the world.
- Founded: 2012
- Founders: Scott MacDonald and Whitney Rockley
- Key People: Whitney Rockley (Co-Founder), Scott MacDonald (Co-Founder), Ha Nguyen (Partner)
- Headquarters:
- Toronto: 74 Jutland Road, Unit 33, Toronto, Ontario, Canada, M8Z 0G7
- Calgary: Hanson Square – Lower Mount Royal Suite 4026, 909 – 17th Avenue SW Calgary, Alberta, Canada T2T 0A4
- Number of Employees: No specific number of employees is provided.
- Revenue: No information is available on the revenue.
- Known For: McRock Capital is widely recognized for being the first VC firm dedicated to the Digital Industrial sector, specializing in the Industrial Internet of Things (IIoT), and developing digital industrial solutions.
Products
- Overview: McRock Capital primarily functions as an investment firm, focusing on the Digital Industrial sector. Comprehensive products are not applicable in this context as McRock Capital is not a product-driven company but rather an investment-oriented firm.
- Key Features:
- McRock Capital does not offer traditional products but provides investment portfolios and venture capital for companies in the industrial software and Digital Industrial space.
Recent Developments
- McRock Fund III Launch: On June 5, 2024, McRock Capital announced the first closing of McRock Fund III with $81 million in commitments to focus on the industrial software sector.
- New Investments:
- Co-investment in Landing AI alongside Snowflake Ventures.
- Investment in Prevu3D, a company advancing big industry with 3D visual Digital Twins.
- New Associates: On September 27, 2024, two new associates, Mickey Mi and Pritish Sehgal, joined McRock Capital, bringing with them extensive venture capital and investment experience.
- Partnerships and Collaborations:
- Fund III investors include institutions like Export Development Canada, BDC Capital, and others, alongside newcomers such as Venture Ontario and Bell Ventures.
- Innovative Ecosystem Contribution:
- Ha Nguyen was recognized as Alberta's 2024 Ecosystem Supporter of the Year for her work in aiding startups and immigrant entrepreneurs in Alberta through initiatives like Migr8.
The information provided above outlines McRock Capital's focal areas, recent activities, and overall market presence, helping to understand its strategic positioning within the Digital Industrial investment landscape.