TC

Timia Capital

www.timiacapital.com link_icon

TIMIA Capital Company Research Report



Company Overview



Name: TIMIA Capital

Mission: TIMIA Capital's mission is to provide frictionless venture debt to tech entrepreneurs, empowering their growth while preserving equity and control.

Founded: 2015

Founders: The company was co-founded by Greg Smith, who served as a catalyst in creating a supportive environment for entrepreneurs.

Key People:
  • Monique Morden: President

  • Andrew Abouchar: Chief Credit Officer

  • Howard Atkinson: Chairman of the Board

  • Natalie Davies: Head of Due Diligence

  • Tyson Bracken: Director, Origination

  • Sydney Marteniuk: Credit Analyst

  • Sikhelela Matshe: Portfolio Admin

  • Justine Oliver: Director, Finance


Headquarters: Vancouver, British Columbia

Number of Employees: 11-50 employees

Revenue: No information is available.

Core Expertise: TIMIA Capital is known for providing flexible growth capital to recurring-revenue technology companies, focusing on non-dilutive capital solutions.

Products



Interest Only Loans


  • Description: These loans are designed for companies looking to increase their valuation before a venture capital round.

  • Key Features:

  • 2-3 year term loan

  • Interest-only payments

  • Option to convert to an amortized loan


Amortized Loans


  • Description: Suitable for bootstrapped or lightly capitalized companies intending to grow without diluting equity.

  • Key Features:

  • 3-6 year term loan

  • Risk-adjusted interest rates between 14-18%

  • Initial interest-only period followed by increasing principal payments


Recent Developments



  • Strategic Partnerships: In a recent development, TIMIA Capital announced a strategic partnership with Round13 Capital, based in Toronto, to enhance their debt solution offerings for North American B2B tech businesses. This partnership was announced to culminate in the sale of TIMIA Group to Round13 for $6.5 million.


  • Portfolio Activities: TIMIA Capital continues its active investment strategy, having facilitated multiple loans in 2023, including a $3,000,000 investment in September 2023. Notably, successful exits have been facilitated through the strategic use of venture debt, as seen with companies like SafePointe.


  • Company Growth: As highlighted in their communication, TIMIA has seen significant venture exits proving their innovative and strategic growth potential. They have marked active portfolio revenue growth of an average 57% year-over-year.


Contact Information



Address:
Suite 2920 – 181 Bay Street,
Toronto, ON, BC M5J 2T3

Website: [https://timiacapital.com/](https://timiacapital.com/)



Note: This report outlines the details gathered from the available data. Any missing fields indicate that further information was not available in the provided data.

This report is prepared for internal and strategic use by market analysts and company stakeholders seeking a detailed understanding of TIMIA Capital’s business operations and market positioning.