BDC Capital

BDC Capital in connection with Userful’s $10 million post-seed financing round


BDC Capital


$10 million


Emerging and High Growth Companies

Date Closed

April 2022



Lead Office



On April 29, 2022, Userful, a Calgary-based company that specializes in video walls, digital signage, interactive displays and desktop virtualization, announced it had completed its $10 million post-seed financing round with participation from BDC Capital’s Industrial, Clean and Energy Technology (ICE) Venture Fund, Yaletown Partners, Birchcliff Partners and Accelerate Fund. With this all-equity round, Userful will continue to build its brand and platform.

BDC Capital, the investment arm of BDC, is Canada’s largest venture capital investor.

Osler, Hoskin & Harcourt LLP advised BDC Capital with a team consisting of Nathalie Beauregard, Geneviève Burdon and Yulia Yugay (Corporate).