Joseph Canavan Overview

  • Investor Type
  • Angel

  • Status
  • Active

  • Investments
  • 11

  • Portfolio
  • 8

  • Exits
  • 3

Exits

Joseph Canavan General Information

Description

Mr. Joseph Canavan serves as Board Member & Chief Executive Officer at The Next Canada. Mr. Canavan is also an Advisor at Koho. Joseph C. Canavan was Chairman and Chief Executive Officer of Assante Wealth Management and United Financial Corporation, an affiliated asset management firm until November 2009. Assante is a national wealth management company with $27 billion in assets under administration, for over 300,000 clients across Canada. He also serves as Advisor at Temperance Capital and serves as a Board Member at The Next Canada. Prior to joining Assante, Mr. Canavan was the President and CEO of Synergy Asset Management, a wealth management company he founded in December 1997 an organization that quickly became known as one of Canada's most innovative mutual fund companies. Synergy was acquired by CI Financial in October 2003. In 1994, he launched GT Global (Canada), which became the fastest-growing mutual fund company in Canadian history. Under Mr. Canavan's leadership, the company gained $2.4 billion in assets in less than 30 months. GT Global is now part of AIM Trimark. In 1989, he joined Fidelity Investments. As Vice President and Director of National Sales, he helped grow assets from $60 million to $6 billion in four years. He began his career as a financial advisor with Burns Fry Ltd. Mr. Canavan was awarded Person of Influence of the Decade at the Canadian Investment Awards in 2004. In 2006, he was honored as Concordia University Alumnus of the Year. Prior to joining Assante, Mr. Canavan was the President and CEO of Synergy Asset Management, a wealth management company he founded in December 1997 - an organization that quickly became known as one of Canada's most innovative mutual fund companies. Synergy was acquired by CI Financial in October 2003. In 1994, he launched GT Global (Canada), which became the fastest-growing mutual fund company in Canadian history. Under Mr. Canavan's leadership, the company gained $2.4 billion in assets in less than 30 months. GT Global is now part of AIM Trimark. In 1989, he joined Fidelity Investments. As Vice President and Director of National Sales, he helped grow assets from $60 million to $6 billion in four years. He began his career as a financial advisor with Burns Fry Ltd. Mr. Canavan was awarded "Person of Influence of the Decade" at the Canadian Investment Awards in 2004. Mr. Canavan is Vice Chairman of the Children's Aid Foundation, a director of the Fraser Institute and has recently retired from the Board of the National Ballet of Canada. Mr. Canavan has a Bachelor of Business Administration from Concordia University and has completed Harvard University's three-year executive management program for owners and presidents of companies

Business Details

Investor Status
Actively Seeking New Investments
Primary Investor Type
Angel (individual)
Corporate Office
  • 130 Adelaide Street West
  • Suite 1010
  • Toronto, Ontario M5H 3P5
  • Canada
+1 (647) 000-0000

Joseph Canavan Investments (11)

Company Name Deal Date Deal Type Deal Size Industry Company Stage Lead Partner
YouSet 11-Aug-2022 Angel (individual) 00.000 Other Insurance Generating Revenue 000000 0000000
Signal 1 22-Apr-2022 0000 00000 0000 Hospitals/Inpatient Services Generating Revenue 000000 0000000
Savvyy 09-Nov-2021 0000 00000 00.00 Financial Software Generating Revenue 000000 0000000
Itsme 01-Jul-2021 00000 00000 000.00 Information Services (B2C) Generating Revenue 000000 0000000
Homewise (Financial Software) 20-Jan-2021 0000 00000 00.000 Brokerage Generating Revenue 000000 0000000
North 19-May-2019 00000 00000 0000 Electronics (B2C) Generating Revenue 000000 0000000
Layer6 01-Jan-2017 0000 00000 Business/Productivity Software Generating Revenue 000000 0000000
KOHO 28-May-2015 0000 00000 00000 Financial Software Generating Revenue 000000 0000000
Kira Talent 11-Mar-2015 Seed Round 00.00 Business/Productivity Software Generating Revenue 000000 0000000
Borrowell 03-Dec-2014 Seed Round 00.00 Information Services (B2C) Generating Revenue 000000 0000000

Joseph Canavan Exits (3)

Company Name Exit Date Exit Type Exit Size
Kira Talent 11-Nov-2021 Merger/Acquisition
North 30-Jun-2020 000000000000000000 00000
Layer6 09-Jan-2018 000000000000000000 000.00

Joseph Canavan Investments by Industry, Year, and Region

Investments by Industry

Investments by Year

Investments by Region

PitchBook’s data visualizations quickly surface an investor’s historical investments—showing a breakdown of activity by industry, year and region.

Joseph Canavan Team (1)

Name Title Deals Funds Boards Office
Joseph Canavan Angel Investor 00 Toronto, Canada

Joseph Canavan Co-Investors (28)

Name With Exits Lead Partner Series Industry
Belfius Bank 1 0 Series chart Industry bar
Inovia Capital 0 0 Series chart Industry bar
Orange (Telecommunications Service Providers) 0 0 Series chart Industry bar
Proximus Group 0 0 Series chart Industry bar
TD Bank Group 0 0 Series chart Industry bar

Joseph Canavan FAQs

  • Who is Joseph Canavan?

    Joseph Canavan is an angel Investor who has made 11 investments.

  • What kind of investor is Joseph Canavan?

    Joseph Canavan is an angel investor.

  • What does Joseph Canavan do?

    As an angel investor, Joseph Canavan invests personal money into promising companies, typically in exchange for equity.

  • What has Joseph Canavan invested in?

    Joseph Canavan has made numerous investments in companies like YouSet, Signal 1, and Savvyy within the Insurance, Hospitals/Inpatient Services, and Financial Software industries.

  • What has Joseph Canavan invested in recently?

    Joseph Canavan's latest investment was on 11-Aug-2022 in YouSet, a company within the Insurance industry.

Data Transparency

  • Meet our data hygiene team

    Discover how our experts ensure you’re getting the most accurate financial data in the industry.

    Read blog »
  • How PitchBook sources data

    Our data operations team has logged over 3.5 million hours researching, organizing, and integrating the information you need most.

    Discover our process »