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Vistara Growth

Venture debt

Vancouver · Growth–Late Stage · 14 people tracked

Also known as VISTARA CAPITAL PARTNERS LTD.

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Investment thesis

Partners with mid-to-later-stage technology companies via custom growth-debt and growth-equity structures, prioritizing capital preservation through a security–yield–upside framework and a decade-long zero-loss record.

Source: firm website, verified Aug 25, 2026.

Stage
Growth–Late Stage
HQ
Vancouver, BC, CA
Leads rounds
Follows
Instruments
Debt · Equity
Founded
2015
Last 12 months
2 investments
AUM
$500M
Tracked investments
11

Team · 14 people

from the firm's website

What they invest in

from 11 of 11 portfolio companies

AI & Machine Learning ×7SaaS ×4Enterprise Software ×3Fintech ×3Logistics & Supply Chain ×2Retail Tech ×2Biotech ×1Cloud Computing ×1

HQs:United States×3United Kingdom×1Ghana×1

Investments · 11 tracked

founders shown can be your intro path

By year:2026 · 12025 · 32024 · 12023 · 27 dated

Impact Analyticsimpactanalytics.coin𝕏OTC: IPTNFMay 2025

Impact Analytics builds Agentic AI and analytics software for retail, grocery, manufacturing, wholesale, and quick-service restaurant businesses, covering merchandising functions such as demand forecasting, planning, assortment, inventory, and pricing.

AI & Machine LearningRetail TechSaaSLinthicum Heights, US

PRASHANT AGRAWAL(Executive Officer, Director)inPrashant Agrawal(Founder & CEO)inPRACHI PANDEY(Director)VENKATESH KEMPALINGAIAH(Director)

BoardWALTER BARANDIARAN(Director)

Co-investorsThe Argentum GroupBlue Cloud VenturesSageview Capital

Authentic8authentic8.cominOct 2025

Authentic8 provides secure browsing and online investigation tools, with certifications including FedRAMP and SOC 2 aimed at government and enterprise customers.

Cloud ComputingCybersecurityGovTechSaaSRedwood City, US

Scott Petry(Founder)inRamesh Rajagopal(Founder)

Co-investorsClearSkyEastward Capital PartnersFoundryMerus CapitalRazor's Edge VenturesShield Capital

Impact Analyticsimpactanalytics.aiin𝕏Jun 2023

Impact Analytics builds AI agents that automate inventory allocation and replenishment for retailers, reading demand at the store and SKU level to move stock before shortages or overstock occur.

AI & Machine LearningLogistics & Supply ChainRetail Tech

Co-investorsSageview Capital

Kenleykenley.aiin𝕏Jun 2023

Kenley builds AI agents for advisory and financial services firms to automate repetitive tasks including proposal drafting, document creation, and analysis.

AI & Machine LearningEnterprise SoftwareFintechFuture of WorkLondon, GB

Bolu Ben-Adeola(Founder)inNoah Öhrner(Founder)in

Co-investorsWave VenturesY Combinator

Korekore.aiin𝕏

Kore.ai provides an enterprise agent platform and marketplace of pre-built AI agents, templates, and integrations for building and orchestrating agentic AI applications.

AI & Machine LearningEnterprise SoftwareSaaS

Subjectsubject.comin𝕏Mar 2026

Subject provides AI-powered personalized learning solutions for K-12 schools, including cinematic curriculum, certified teacher of record support, and learning intelligence that monitors student progress and intervenes proactively.

AI & Machine LearningEdTechPalo Alto, US

Mike Vilardo(Founder)inMichael Vilardo(Founder)inAlfred Zlogar(Executive Officer, Director, Promoter)Brian Andrews(Director)

Co-investorsEvolution VenturesFour Acres CapitalHannah Grey VenturesOpen Opportunity FundOwl VenturesKleiner Perkins+4 more

Tendotendo.appin𝕏Apr 2025

Tendo operates a mobile platform connecting African merchants with wholesale suppliers, allowing them to source and resell products through social messaging apps without purchasing inventory upfront.

ConsumerFintechLogistics & Supply ChainMarketplacesSocialAccra, GH

Felix Manford(Founder)inEvans Darbo Boateng(Founder)inPrimerose Katena(Founder)inDerrick Mungai(Founder)in

Co-investorsLoftyInc CapitalLux CapitalY CombinatorGeneral CatalystRhapsody Venture PartnersTyche Partners

VALDvaldperformance.comin𝕏

VALD builds objective measurement technology and a centralized data platform (VALD Hub) that assess athletes' strength, power, movement, balance and other performance metrics.

HardwareHealthtechSports Tech

Co-investorsFTV CapitalPerennial Partners

Vision Criticalvisioncritical.comin

Alida (formerly Vision Critical) offers a community-centered research and customer insights platform that lets companies recruit, segment, and engage panels to collect customer feedback at scale.

AI & Machine LearningData & InfrastructureMarketing TechSaaS

Co-investorsBridgescale PartnersGibraltar Ventures

Vistaravistarabio.cominJan 2024 · $20M

VistaraBio provides research tools and services for drug discovery, including modified protein assays, post-translationally modified protein catalogs, and cell screening platforms using bioactive peptides.

BiotechDeep Tech

Girish Nallur, PhD CLP(Founder)in

Co-investorsConnecticut InnovationsArmitage AssociatesIntegrity Growth PartnersPlymouth Growth

Zafinzafin.comin𝕏

Zafin provides an AI platform for regulated financial institutions, offering agent orchestration (Zafin AIOS), a banking execution platform for product, pricing, offers and billing, and an enterprise integration layer (Zafin IO).

AI & Machine LearningEnterprise SoftwareFintech

Co-investorsAccenture Ventures

Exits · 1

IPOs and acquisitions across the tracked portfolio

Impact AnalyticsOTC: IPTNF

Portfolio news

latest coverage across their companies

Frequently asked questions

What stage does Vistara Growth invest at?
Vistara Growth invests at the Growth, Late Stage stages.
What sectors does Vistara Growth focus on?
Vistara Growth focuses on AI & Machine Learning, Cybersecurity, Enterprise Software, Fintech, Healthtech, SaaS.
Where is Vistara Growth located?
Vistara Growth is headquartered in Vancouver, CA.
Does Vistara Growth lead rounds?
Vistara Growth typically participates in rounds rather than leading them.

Media · Podcasts & interviews

featuring the team

Ep.53: Randy Garg, Vistara Growth | Leveraging Growth Debt as an Alternative Means of Funding

How To SaaS · Randy Garg

Images

Vistara Growth photoVistara Growth photoVistara Growth photoVistara Growth photoVistara Growth photoVistara Growth photo

Co-investors · 2

Harmonix Fund

Harmonix is an early-stage venture capital firm focused on advancing human health and quality of life by backing entrepreneurs and companies in healthcare, life sciences, and deep tech.

Esplanade Ventures

Canada's leading digital health venture capital firm investing in early-stage and high-growth technology companies transforming healthcare delivery across North America. The firm provides capital alongside hands-on operational guidance, commercial introductions, and go-to-market strategy support.

Firms observed investing alongside Vistara Growth, from public investor directories. Shared companies are the overlap with Vistara Growth's recorded portfolio.

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