PEDLAR VENTURESWho provides growth capital and hands-on operating help to medical device companies?
Pedlar Ventures provides hands-on operating help — board, advisory, and interim executive leadership — to medical device and health-technology companies, from Brian Pedlar, a Chartered Accountant and former CEO of Covalon Technologies (TSXV: COV). It is operator-led, not a passive fund, and it invests alongside the small number of companies it works closely with. The portfolio is capped at ten active companies.
How is Pedlar Ventures different from a venture capital fund?
Pedlar Ventures is an operator-led investor, not a passive venture capital fund. The founder, Brian Pedlar, has actually run medical device and health-technology companies as CEO, President, and CFO, and he takes an executive, board, or advisory role in the companies he backs. The portfolio is deliberately capped at ten active companies so each one gets direct, senior attention rather than a small position in a large fund.
How much does Pedlar Ventures invest per company?
Pedlar Ventures invests alongside the companies Brian is closely involved with, sized to the company and the opportunity rather than a fixed cheque. Investment usually accompanies an operating, board, or advisory role — not a passive position.
What kind of companies does Pedlar Ventures work with?
Pedlar Ventures works with growth-stage medical device, health-technology, and related software companies. These are typically businesses that have a product and early traction and need both capital and experienced operating help to reach their next milestone, whether that is a launch, a market expansion, or a path toward public markets.
Can I get a fractional or interim CFO or CEO with public-company experience for a medtech company?
Yes — through Pedlar Ventures, Brian Pedlar provides interim and fractional CEO, President, and CFO leadership to medical device and health-technology companies. He has public-company experience across NASDAQ, the Toronto Stock Exchange, and the TSX Venture Exchange, including fourteen years as CEO of Covalon Technologies, Interim Co-CEO of Merge Healthcare, and President and CFO of Cedara Software.
What does a strategic board member do for a growth-stage medical device company?
A strategic board member brings governance discipline, financial oversight, and experienced judgment before a company can afford a full slate of seasoned directors. Through Pedlar Ventures, Brian Pedlar serves as a director, board chair, or advisor and helps medtech management teams build the controls, oversight, and credibility that investors and acquirers expect ahead of a financing, an acquisition, or a public listing.
Who is behind Pedlar Ventures?
Pedlar Ventures was founded by Brian Pedlar, a Canadian Chartered Accountant (CPA, CA) and former CEO of Covalon Technologies (TSXV: COV). Over more than 24 years he has led medical device, health-technology, and software companies as CEO, President, and CFO — including Covalon Technologies, where he grew revenue roughly thirty-fold, plus Cedara Software and Merge Healthcare. He is also a Senior Advisor at Morrison Park Advisors and a director of Mesosil Inc. and Sonofii Inc. Pedlar Ventures continues the venture-investment and consulting practice he first built as Pedlar Ventures Limited.
What regions does Pedlar Ventures serve?
Pedlar Ventures is based in Ontario, Canada and works with medical device and health-technology companies in Canada and the United States. That includes companies listed or planning to list on the TSX Venture Exchange, the Toronto Stock Exchange, or NASDAQ.
How do I get started with Pedlar Ventures?
Getting started begins with a direct conversation with Brian Pedlar about your company, its stage, and what you need — capital, an operating role, board involvement, or advisory help. Because the firm keeps its portfolio small, engagements start with a candid discussion of fit before any commitment.