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§ Venture Capital · 58 Saemunan-ro, Jongno-gu, Seoul, Republic of Korea
Key people at LX Ventures.
LX Ventures operated as a Vancouver-based publicly traded technology accelerator, focused on acquiring, integrating, and scaling high-growth early-stage technology companies. It provided strategic investment capital and operational guidance to its portfolio ventures. The firm identified promising startups within the local ecosystem, supplying resources to accelerate their development and market presence.
The company’s modern iteration began in October 2012 when Mike Edwards, a respected figure in the Vancouver startup scene known for GrowLab and Launch Academy, acquired a struggling entity named LX Ventures. Edwards, alongside co-founder Keir Reynolds, transformed it into a dedicated technology accelerator, leveraging his experience to revitalize the company with a new mandate focused on nurturing and expanding innovative tech ventures.
LX Ventures served early-stage technology companies and entrepreneurs seeking funding, mentorship, and integrated growth support. Its vision centered on building a diversified portfolio of high-potential firms by utilizing a public market vehicle to fuel their expansion. The company eventually transitioned its core operations, rebranding to focus on one of its key portfolio assets.
Key people at LX Ventures.
LX Ventures has 2 tracked investments across 2 companies. The latest tracked deal is $750K Seed in Dashboard.io in March 2013.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Mar 29, 2013 | Dashboard.io | $750K Seed | — | Paul Singh, Fortify Ventures, K Street Capital, NextGen Venture Partners, Quotidian Ventures, Voodoo Ventures |
| Feb 1, 2013 | PayrollHero | $1.0M Seed | — | BDC Venture Capital, LOI Venture, Pioneer Square Labs, SOSV, Tobias Lutke, Benjamin Joffe, Christian Cotichini, DAN Martell, Ryan Holmes, George Kellerman, FUTURA |