Renewal Funds


Renewal Funds is a mission venture capital firm investing in early growth stage companies in Canada and the United States.

We add value for entrepreneurs through capital, networks, and expertise. We deliver above market returns for our partners while catalyzing positive social and environmental change.

Since 2008 Renewal Funds, with $98m assets under management, creates strategic partnerships with values aligned individuals and businesses. Our work is dedicated to a better, more resilient future.

Source: Renewal Funds



We build ten year limited partnership portfolios as a general partner management company. We operate Canadian and US entities with investors from both countries, international partners come to us through our US LP. A trust instrument in Canada makes it easier for Canadian charitable foundations to participate.
Paul Richardson and Joel Solomon make final decisions collaboratively with a stellar team of mission motivated professionals in an ongoing search for outstanding entrepreneur partners.


Renewal Funds portfolio companies have strong values, exceptional ideas, products and services aligned with our core values.
Companies generally have a minimum $1 million in annual revenues and a compelling pathway to strong growth. We target $1 million initial investment.
Our sectors are traditionally under-served and are now building momentum. We agree on a shared exit strategy. We reserve capital for follow on investment to support the growth of our companies.

We usually serve on Boards and otherwise hold Observer rights. We bring our expertise and networks to add ongoing value.

Source: Renewal Funds

  • Industry Focus
  • Year Founded
  • Address
    500-163 West Hastings Street
    Vancouver, British Columbia
    V6B 1H5 Canada
  • Key Personnel
    Nicole Bradbury - Vice President
    Mike Cormack - Venture Partner
    Paul Richardson - President
    Joel Solomon - Chairman