Recap Ventures

Rich is the founder and Managing Partner of RecapHealth Ventures, a leading seed stage venture investor in North American companies in HealthTech, ClimateTech and Enterprise Innovation. Portfolio companies include Alayacare, Alida, Ecoation, Impro.AI, Klue, Koble, League, Lifestyle Rx, PocketPills and Thoughtwire. In addition, he is also a Special Advisor to iconic retailer Canadian Tire as well as Nicola Wealth Management, Canada’s largest independent wealth management firm. Rich is also an Associate at Creative Destruction Lab, and a longstanding Board Member at the Canadian Venture Capital Association as well as BC Tech, BC’s technology sector umbrella organization. From 2015 to 2021 Rich was President and Managing Partner of TELUS Ventures, the corporate venture fund for TELUS Communications an international focused organization headquartered in Canada. Over his time at the helm Rich grew the platform from 3 individuals investing $8M a year in Canada to 15 professionals investing $180M in 20 companies a year across 7 countries. TELUS Ventures became Canada’s most active corporate venture capital fund and Rich was named one of the Top 100 Corporate Venture Capital Investors in the world by Global Corporate Venture Magazine from 2018 to 2021. Previously Rich was a Partner in both a mid-market Private Equity fund and a Canadian VC fund investing in US and Canada. He started his career as an entrepreneur in the enterprise software sector. Rich is a strong believer in using financial tools to effect positive social change. He is the founder of one of Canada's first social impact funds, BC Social Venture Partners and was an investor in Canada’s first health focused social impact bond. Rich earned degrees at UBC and Queen’s University and has completed Executive Leadership courses at Harvard.