Joseph Canavan Overview
- Investor Type
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Angel
- Status
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Active
- Investments
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12
- Portfolio
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8
- Exits
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3

Joseph Canavan General Information
Description
Mr. Joseph Canavan serves as Board Member & Chief Executive Officer at The Next Canada. He serves as 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
Primary Investor Type
Corporate Office
- 130 Adelaide Street West
- Suite 1010
- Toronto, Ontario M5H 3P5
- Canada
Joseph Canavan Investments (12)
Company Name | Deal Date | Deal Type | Deal Size | Industry | Company Stage | Lead Partner |
---|---|---|---|---|---|---|
YouSet | 20-Aug-2024 | Seed Round | Insurance Brokers | Generating Revenue | ||
YouSet | 11-Aug-2022 | Insurance Brokers | Generating Revenue | |||
Signal 1 | 22-Apr-2022 | Hospitals/Inpatient Services | Generating Revenue | |||
Savvyy | 09-Nov-2021 | Financial Software | Generating Revenue | |||
Itsme | 01-Jul-2021 | Information Services (B2C) | Generating Revenue | |||
Homewise | 20-Jan-2021 | Financial Software | Generating Revenue | |||
North Laboratory | 19-May-2019 | Electronics (B2C) | Generating Revenue | |||
Layer6 | 01-Jan-2017 | Business/Productivity Software | Generating Revenue | |||
KOHO | 28-May-2015 | Seed Round | Financial Software | Generating Revenue | ||
Kira Talent | 11-Mar-2015 | Seed Round | Business/Productivity Software | Generating Revenue |
Joseph Canavan Exits (3)
Company Name | Exit Date | Exit Type | Exit Size |
---|---|---|---|
Kira Talent | 11-Nov-2021 | Merger/Acquisition | |
North Laboratory | 30-Jun-2020 | ||
Layer6 | 09-Jan-2018 |
Joseph Canavan Investments by Industry, Year, and Region
Joseph Canavan Co-Investors (34)
Name | With | Exits | Lead Partner | Series | Industry |
---|---|---|---|---|---|
Belfius Bank | 1 |
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Inovia Capital |
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Orange (Telecommunications Service Providers) |
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Proximus Group |
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TD Bank Group |
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Joseph Canavan FAQs
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Who is Joseph Canavan?
Joseph Canavan is an angel Investor who has made 12 investments.
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What kind of investor is Joseph Canavan?
Joseph Canavan is an angel investor.
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What does Joseph Canavan do?
As an angel investor, Joseph Canavan invests personal money into promising companies, typically in exchange for equity.
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What has Joseph Canavan invested in?
Joseph Canavan has made numerous investments in companies like YouSet, Signal 1, and Savvyy within the Insurance Brokers, Hospitals/Inpatient Services, and Financial Software industries.
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What has Joseph Canavan invested in recently?
Joseph Canavan's latest investment was on 20-Aug-2024 in YouSet, a company within the Insurance Brokers industry.
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