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Victory Square Technologies

Early-stage and growth investments in the information technology companies
Victory Square Technologies
Leadership team

Shafin Diamond Tejani  (Founder)

Alexandros Tzilios (Head of Capital Markets)

Sheri Rempel  (CFO)

Number of Employees
0 - 50
Headquarters
Vancouver, Canada
Established
2013
Social Media
Summary

Victory Square is a technology accelerator and venture builder that invests in the next generation of tech companies in key sectors such as Digital Health, Web 3.0, Gaming, the Creator Economy, NFTs, the Metaverse, and Climate Tech.

The company was founded in 2016 to fill the early-stage investment gap for a broad range of investors and provide VC investment access to the best startups in the world. Victory Square's portfolio consists of 25+ global next-generation tech companies that are shaping the fourth industrial revolution.

Victory Square provides an AUDITED, TRANSPARENT, and LIQUID investment vehicle, effectively democratizing access to the next generation of the best startups. Its management team and advisors are actively involved in the investments from incubation through monetization, providing financial, operational, and strategic support to scale globally.

With a basket of 25 portfolio companies, Victory Square has already seen success with 6 companies hitting liquidity events and generating almost 9x return on capital/cash committed. The company integrates a strong ESG component throughout its operations, highlighting minority entrepreneurs often overlooked by traditional investors and dedicated to giving back to the communities in which it serves and operates.

History

Victory Square is a technology accelerator and venture builder founded in 2016 by Shafin Diamond Tejani, an entrepreneur and investor based in Vancouver, Canada. Tejani has a track record of building and scaling successful tech startups, including Fantasy 6 Sports, a sports technology company he co-founded that went public on the Canadian Securities Exchange (CSE) in 2013.

Tejani founded Victory Square to fill the early-stage investment gap for a broad range of investors and provide VC investment access to the next generation of tech companies in an audited, transparent, and liquid investment vehicle. The company's focus is on cutting-edge technology that is shaping the 4th Industrial Revolution, including sectors such as the Creator Economy, Digital Health, Gaming, Web 3.0, VR/AR, and Climate Tech.

Victory Square has a two-fold advantage that sets it apart from other tech accelerators and venture builders. First, the company has unparalleled access to startups through its internal incubator, Living Labs, and start-up accelerators like Launch Academy with more than 80 global accelerator partners. This gives Victory Square a unique ability to identify and invest in promising early-stage companies.

Second, Victory Square's management team and advisors are actively involved in the company's investments from incubation through monetization, providing financial, operational, and strategic support to scale globally. Management is also aligned with investors, with over 20% ownership of the fund's assets. This ensures that management has real skin in the game and is motivated to drive value by monetizing investments and reinvesting the gains in innovations.

Since its founding in 2016, Victory Square has built a portfolio of 25+ global next-generation tech companies in key sectors. With a basket of 25 portfolio companies or shots on goal, six are now hitting liquidity events, generating almost 9x return on their capital/cash committed. Victory Square integrates a strong ESG (environmental, social and corporate governance) component throughout its operations, investing in minority entrepreneurs and giving back to the communities in which they serve and operate.

Overall, Victory Square's innovative approach to investing in cutting-edge technology and commitment to ESG principles has made it a leader in the tech accelerator and venture builder space. Today, VSV is one of the most active venture capital firms in the world, investing in more than 200 companies and providing over $1 billion in the capital. By empowering entrepreneurs to create the next generation of world-changing technologies, VSV is helping to shape the future of the global economy.

Investment criteria

Victory Square invests in early-stage companies in sectors such as the Creator Economy, Digital Health, Gaming, Web 3.0, VR/AR, and Climate Tech. The company's investment criteria are designed to identify and invest in promising startups that have the potential to become the next tech giants.

The following are the investment criteria used by Victory Square:

  • Disruptive Technology: Victory Square invests in companies that are developing disruptive technology that has the potential to revolutionize their respective industries. This means investing in startups that are developing new products, services, or business models that can create a significant impact in the market.
  • Experienced Founders: Victory Square invests in startups with experienced and talented founders who have a track record of success in the industry. This means investing in entrepreneurs who have the necessary skills and expertise to build and scale successful businesses.
  • Large Addressable Market: Victory Square invests in startups that are targeting large and growing markets with significant potential for growth. This means investing in companies that have a clear understanding of their target market and can scale their business quickly to capture market share.
  • Sustainable Competitive Advantage: Victory Square invests in startups that have a sustainable competitive advantage, whether it be through intellectual property, proprietary technology, or other unique features. This means investing in companies that can protect their market share and defend against competitors.
  • Strong Business Model: Victory Square invests in startups with a strong and scalable business model that can generate significant revenue and profitability. This means investing in companies that have a clear path to monetization and can scale their business model quickly.

Overall, Victory Square's investment criteria are designed to identify and invest in promising startups with disruptive technology, experienced founders, a large addressable market, a sustainable competitive advantage, and a strong and scalable business model. By investing in startups that meet these criteria, Victory Square aims to build the next generation of tech giants and provide investors with significant returns on their investments.

Values
  • Entrepreneurship: Victory Square values entrepreneurship and innovation as the driving force behind economic growth and development. The company encourages and supports entrepreneurs who are willing to take risks and pursue new ideas and business models.
  • Transparency: Victory Square values transparency in all its dealings, both with its stakeholders and with the public. The company is committed to providing accurate and timely information about its operations and performance.
  • Integrity: Victory Square values integrity as the foundation of its business practices. The company strives to maintain the highest ethical standards in all its dealings and to act with honesty, fairness, and transparency.
  • Social Responsibility: Victory Square values social responsibility and is committed to making a positive impact on the communities in which it operates. The company supports initiatives that promote social and environmental sustainability and works to create opportunities for marginalized groups and underrepresented communities.
  • Collaboration: Victory Square values collaboration and recognizes the importance of working together to achieve common goals. The company collaborates with its portfolio companies, partners, and other stakeholders to create value and drive innovation.
Mission

Their mission is: "to identify and back exceptional entrepreneurs who can create and scale innovative technologies, products, and services that have the potential to benefit the global population. We are passionate about building transformative companies that solve real-world problems, drive economic growth, and create lasting value. As a firm, we strive to be catalysts of disruption and catalysts of positive change."

Victory Square aims to democratize access to the best startups by providing a transparent, audited, and liquid investment vehicle that allows a broad range of investors to participate in the early-stage tech ecosystem. The company's management is strongly aligned with investors, with over 20% ownership of the fund's assets.

In addition to providing access to capital, Victory Square supports its portfolio companies throughout their lifecycle, from incubation to monetization, by providing financial, operational, and strategic support to help them scale globally. The company has unparalleled access to startups through its internal incubator, Living Labs, and startup accelerators like Launch Academy, which has over 80 global accelerator partners.

Victory Square integrates a strong ESG (environmental, social, and corporate governance) component throughout its operations. The company's portfolio highlights minority entrepreneurs, often overlooked by traditional investors, including many from developing countries. Victory Square is committed to giving back to the communities in which it serves and operates, with a focus on youth, mental health, special needs, sport, tech, education, marginalized groups, First Nations, and accessibility sectors.

Portfolio

The firm is focused on investing in companies that are using blockchain, artificial intelligence, and other cutting-edge technologies to solve real-world problems. Victory Square Ventures’ portfolio consists of a variety of innovative companies from around the world, including:

  • Cobalt Blockchain – A blockchain-based platform that allows for secure tracking and sharing of data in the automotive industry.
  • Noodle – A decentralized IoT network that enables devices to connect to each other without the need for a central server.
  • Kleros – A blockchain-based dispute resolution platform that allows users to settle disputes securely and cost-effectively.
  • NFT.Market – A marketplace for non-fungible tokens that allows users to buy, sell, and trade digital collectables.
  • Deeper Network – An open-source peer-to-peer network that provides users with a secure, private, and censorship-resistant way to access the internet.
  • Utopia Music – An AI-based music streaming platform that allows users to discover new music and artists.
  • Lattice – A decentralized platform designed to make it easier to build, manage, and monetize blockchain applications.
  • CryptoKitties – A blockchain-based virtual world where users can purchase, collect, and breed digital cats.
  • BlockV – A platform that allows users to create, manage, and monetize non-fungible tokens.
  • Aion – A blockchain protocol that enables users to securely transfer value across different blockchains.
  • V2 Games - A video game venture that designs, develops and publishes mobile and console games.
  • FansUnite - A sports betting company that develops and provides technology solutions for online sports betting and iGaming.
  • Immersive Tech - A company specializing in the development of Virtual Reality (VR) and Augmented Reality (AR) technology applications.
  • Cloud Nine Education - An edtech company that provides personalized learning solutions for K-12 students.
  • Flok - A digital health company that uses AI and machine learning to develop personalized healthcare solutions for patients.

Victory Square's portfolio companies benefit from the company's expertise and support throughout their lifecycle, from incubation to monetization, and beyond. With Victory Square's strong network and expertise in the tech industry, its portfolio companies are well-positioned to scale globally and become the next generation of tech giants.

References
Victory Square Technologies
Leadership team

Shafin Diamond Tejani  (Founder)

Alexandros Tzilios (Head of Capital Markets)

Sheri Rempel  (CFO)

Number of Employees
0 - 50
Headquarters
Vancouver, Canada
Established
2013
Social Media