Our mission is to provide frictionless venture debt to tech entrepreneurs, empowering their growth while preserving equity and control.

TIMIA Capital

Financial Services with an Entrepreneurial Flair

Founded in 2015, TIMIA Capital provides flexible growth capital to recurring revenue technology companies. Our debt financing enables entrepreneurs to drive growth while retaining ownership and control of their business.

Our management and executive team comprises technology finance experts as well as former entrepreneurs and angel investors. We’ve been in the tech space for a long time — long enough to have seen the ups and downs of several economic cycles. We share a passion for technology and value creation — value for the founders we invest in and for our shareholders and investors. Our diverse experience creates an environment of governance and accountability for all stakeholders.

Above all, we’re good people. And we invest in good people building good companies.

If it feels like we could be the right fit for your business, come talk to us.

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Meet Our Team

  • Monique joined TIMIA Capital at the end of 2022 as President. She is a seasoned tech entrepreneur, angel investor, and advisor to technology startups, particularly in the fintech space. She founded and served as CEO of JUDI.AI, a technology company providing financial institutions with a white label automated small/medium business underwriting and portfolio management platform. 

    Monique holds an Honours Bachelor of Science from the University of Guelph and an MBA from Simon Fraser University.

  • Andrew is CEO of Montfort Capital, the parent company to TIMIA Capital. Andrew acts as Chief Credit Officer for TIMIA and is the anchor to the Investment Committee that reviews and approves deals.  Andrew has 20-plus years of experience in Canada’s venture capital and private equity industry. He is a cofounder and partner in Tech Capital Partners Inc, a Waterloo-based venture capital management company and founder of TCP Property Inc, a private real estate fund. Earlier in his career, Abouchar worked as an accountant at PwC and as an investment manager at Working Ventures. He is also an advisor to the Government of Canada and Province of Ontario, and currently serves on the board of Ontario Centres of Excellence.

  • Natalie joined TIMIA Capital in March 2018 as Head of Due Diligence. Natalie digs deep into the companies we lend to ensure we have a holistic and up to date view of the status of the business. Prior to TIMIA, Natalie worked at Espresso Capital as a Due Diligence Lead and at Metropolitan Life as a Senior Investment Analyst.  At Metropolitan Life, Natalie was part of a team managing a $2.3 billion fixed income portfolio and participated in investing over $700 million in private and public debt financings.

    Natalie has an MBA from the Schulich School of Business and is a CFA charter holder.

  • Tyson joined TIMIA Capital in March 2020. Tyson leads the origination team providing guidance on the qualification and analysis of prospective borrowers. He also nurtures relationships and deals through our extensive partner network. Previous to TIMIA, he held various roles within SaaS companies located in Vancouver. He has additional experience working alongside the accounting division at the Department of National Defence, CFB Comox.

    Tyson has a Bachelor of Commerce (Honours) in Finance from the University of Ottawa.

  • Sydney joined TIMIA in 2020 as a marketing co-op student. In April 2022 she moved to a full-time role with the Business Development team. Sydney works on the financial analysis and credit underwriting of companies who have met our screening criteria.

    She is a graduate of Williams School of Business at Bishop’s University with a Bachelors degree in Business Administration and Economics. She was very involved in the Bishop’s University Commerce Society. Sydney is also working on Level 1 of the Chartered Financial Analyst program.

  • Sikhelela, or Sikhe, joined TIMIA Capital in January 2023 as a Business Development Representative. Sikhe works with companies to determine if they qualify for a loan and leads them through the process. Before TIMIA, Sikhe held business development and administrative roles with prestigious legal firms Virgin Hickman and Borden Ladner Gervais, and served as an intern with Adept Solutions, a technology company based in Vancouver, BC. 

    He earned his Bachelor’s Degree at Simon Fraser University and graduated from Falcon College with Cambridge IGCSE O Level and A Levels. Sikhe is a Canadian Securities Course (CSC®) candidate.

  • Catherine joined TIMIA Capital in January 2019. Catherine is TIMIA’s Content Strategist developing all types content: website, blog posts, white papers, case studies, social media posts, ad copy and more. She has deep knowledge of TIMIA, startups and the venture debt sector. She has 15 years experience in marketing and held senior positions at a number of technology companies including Hootsuite, Absolute, and Avnet Technology Solutions.

    Catherine is an expert writer and marketer and holds an executive Masters in Marketing, a Bachelor of Science in Communications and Journalism, and a Diploma in Digital Marketing.

  • Justine joined TIMIA as Finance Manager in November 2020. Prior to TIMIA, Justine worked at Miovision Technologies as a Senior Corporate Accountant and Finance Analyst.  Justine manages the finances for TIMIA, including portfolio monitoring and management and investor LP’s.

    Justine has a Bachelor of Business Administration (Accounting, Audit, and IT program) from Conestoga College.  Justine is in the process of obtaining her CPA, having passed the Common Final Examination (CFE) and nearing the end of practical experience requirement.

  • Priyal joined TIMIA Capital in May 2019 and currently holds the position of Technical Product Manager. She has expertise with data analysis, Java programming, SQL database management and Salesforce. She is integral to building, maintaining and evolving TIMIA’s many different technologies that create a seamless customer experience including marketing, origination, underwriting and portfolio monitoring.

    Priyal has a Bachelor of Science from the University of British Columbia and has obtained the Chartered Financial Analyst (CFA) Level 1.

  • Greg co-founded TIMIA Capital in September 2015 after a diverse career where he spent time on both sides of the investor-entrepreneur relationship. Before TIMIA, Greg worked for the Business Development Bank of Canada’s (“BDC”) Technology Seed Investment Group before co-founding Espresso Capital. Before his investment career, Greg founded and bootstrapped his own start-up to a successful exit in just seven years.

    Greg was diagnosed with ALS in early 2019 and passed away peacefully, surrounded by his family, in October 2021.

    He has always been a fierce advocate for entrepreneurs, and that spirit lives on within TIMIA.

    A Heartfelt Thank You To Greg Smith

Board of Directors

  • Howard has been in the financial services industry for over three decades with experience in investment advisory, investment management, capital markets and the C suite. His roles have included positions in sales, marketing, sales management and corporate spokesman spanning Canada, United States, Asia and South America.

    Howard has successfully lead growth throughout his career including at two companies where assets under management grew from $100 million to $5 billion and $3.5 billion to $14 billion, respectively. He is a best selling author of numerous articles and four books including The New Investment Frontier: A Guide to Exchange Traded Funds for Canadians (Insomniac Press, 2005), the first book in the world devoted to ETFs.

    He has over a decade of experience as a corporate director for non – profits, public companies and private enterprises. Specifically he has board experience on Audit, Governance, Nominating and Human Resources/Compensation committees and as Chairman of the board. Howard holds the CFA, CIMA and ICD.D designations.

  • David Demers was the CEO and Co-Founder of Westport Fuel Systems (TSX:WPRT) for over 20 years. He has extensive TSX and board experience, as well as strong knowledge of the technology sector.

    David has a Bachelor of Science (Physics) from the University of Saskatchewan.

  • Paul Geyer is a successful Medtech Entrepreneur, experienced Board member, Angel Investor and Venture Capitalist. Over the past 27 years as an investor and serial entrepreneur, Paul has built several successful companies, including Mitroflow International Inc., Neovasc Inc. and LightIntegra Technology Inc. Paul is well known for his work supporting and mentoring entrepreneurs and future leaders of the tech industry. His passion for giving back is seen in the many board roles he has held, including: Administrative Chair, LightIntegra Technology Inc.; Chairman of the Board, Neovasc Inc.; G7 Fellow, Creative Destruction Labs – CDL West; Board of Directors, Entrepreneurship at UBC; Board of Directors, BCTECH; Advisory Council Member, UBC Engineering, Applied Science; and Industry Advisory Council, UBC Electrical Engineering department. In 2010 Paul was awarded the British Columbia Angel Investor of the year, and in 2011 he received the BC Life Sciences Leadership Award. He holds a B.A.Sc, Electrical Engineering from The University of British Columbia (1983 – 1988) and Certified Director, Certified Director Program, UCLA Anderson School of Management (2006), Canadian Securities Course (1988).

  • Jan is a Co-Founder & President of Valhalla Private Equity and a Director at Genome Canada. She is a past Chair of the Board of Governors at the University of Manitoba; retired senior partner at Thompson Dorfman Sweatman, LLP; and a co-founder of Innovate Manitoba, a private sector led non-profit formed to drive innovation, accelerate startup growth, and stimulate access to capital in Manitoba. Jan is an active angel investor and a Director of a number of startups. Jan practiced business law for 30 years and retired as a partner of Thompson Dorfman Sweatman LLP in 2015. In practice, Jan focused on mergers and acquisitions, divestitures, startups, investment, and finance. Jan was for many years named to the Best Lawyers in Canada in Mergers and Acquisitions Law and Leveraged Buy-Outs and Private Equity Law. In addition to her Bachelor of Arts and Juris Doctor, Jan holds a Certificate from the Program on Negotiation at Harvard Law School and a Blue Belt in Innovation Engineering. Jan was awarded the Queen Elizabeth Diamond Jubilee Award in 2012 and the Queen Elizabeth Golden Jubilee Award in 2002 in recognition for her contributions to the community. In 2018 she was honoured with the Distinguished Alumni Award of Excellence by the University of Manitoba.

  • Thealzel joined the board of TIMIA in April 2014. She manages the monthly Vancouver Angel Technology Network (VANTEC) and the Vancouver chapter of the Keiretsu Forum (Northwest Region) for the local startup community of entrepreneurs and angel investors.  She also serves on committees with the National Angel Capital Organization (Canada) and the Angel Capital Association (U.S.). She is a founder of two angel seed funds: Nelsa Investment (VCC) Inc. and VANTEC Entrepreneurs Fund (VCC) Inc., which has 40 percent of its portfolio invested in “green technology” companies based in British Columbia.

    Thealzel holds a Bachelor of Science degree in Microbiology from the University of Alberta, and an Masters of Business Administration from the Richard Ivey School of Business at the University of Western Ontario.

  • Robert is co-founder and managing director of Promerita Capital Partners, and has twenty years of experience in corporate finance and investment. For the past fourteen years, Robert has focused on subordinated debt, mezzanine and equity investing. He has completed over 80 deals across various industries, including buyouts, acquisitions and growth financing. Prior to Promerita Group, Robert was co-founder and vice president of First West Capital, an institutionally backed subordinated debt and mezzanine finance provider for small and medium sized companies. Robert previously held executive roles in investment management and corporate finance with other leading global and regional firms including Vancity Capital & PricewaterhouseCoopers. Robert is the past President of the Association for Corporate Growth (ACG), BC Chapter, the middle market deal association for corporate finance and M&A professionals. He holds two Honours Degrees in Commerce and Law from Monash University, Australia along with a Graduate Diploma in Applied Finance and Investment, is a CPA-CA in Canada and Australia and is a former adviser to the Accounting Standards Board of Canada (AcSB) on Accounting Standards for Private Enterprises (ASPE).

Howard has been in the financial services industry for over three decades with experience in investment advisory, investment management, capital markets and the C suite. His roles have included positions in sales, marketing, sales management and corporate spokesman spanning Canada, United States, Asia and South America.

Howard has successfully lead growth throughout his career including at two companies where assets under management grew from $100 million to $5 billion and $3.5 billion to $14 billion, respectively. He is a best selling author of numerous articles and four books including The New Investment Frontier: A Guide to Exchange Traded Funds for Canadians (Insomniac Press, 2005), the first book in the world devoted to ETFs.

He has over a decade of experience as a corporate director for non – profits, public companies and private enterprises. Specifically he has board experience on Audit, Governance, Nominating and Human Resources/Compensation committees and as Chairman of the board. Howard holds the CFA, CIMA and ICD.D designations.

David Demers was the CEO and Co-Founder of Westport Fuel Systems (TSX:WPRT) for over 20 years. He has extensive TSX and board experience, as well as strong knowledge of the technology sector.

David has a Bachelor of Science (Physics) from the University of Saskatchewan.

Paul Geyer is a successful Medtech Entrepreneur, experienced Board member, Angel Investor and Venture Capitalist. Over the past 27 years as an investor and serial entrepreneur, Paul has built several successful companies, including Mitroflow International Inc., Neovasc Inc. and LightIntegra Technology Inc. Paul is well known for his work supporting and mentoring entrepreneurs and future leaders of the tech industry. His passion for giving back is seen in the many board roles he has held, including: Administrative Chair, LightIntegra Technology Inc.; Chairman of the Board, Neovasc Inc.; G7 Fellow, Creative Destruction Labs – CDL West; Board of Directors, Entrepreneurship at UBC; Board of Directors, BCTECH; Advisory Council Member, UBC Engineering, Applied Science; and Industry Advisory Council, UBC Electrical Engineering department. In 2010 Paul was awarded the British Columbia Angel Investor of the year, and in 2011 he received the BC Life Sciences Leadership Award. He holds a B.A.Sc, Electrical Engineering from The University of British Columbia (1983 – 1988) and Certified Director, Certified Director Program, UCLA Anderson School of Management (2006), Canadian Securities Course (1988).

Jan is a Co-Founder & President of Valhalla Private Equity and a Director at Genome Canada. She is a past Chair of the Board of Governors at the University of Manitoba; retired senior partner at Thompson Dorfman Sweatman, LLP; and a co-founder of Innovate Manitoba, a private sector led non-profit formed to drive innovation, accelerate startup growth, and stimulate access to capital in Manitoba. Jan is an active angel investor and a Director of a number of startups. Jan practiced business law for 30 years and retired as a partner of Thompson Dorfman Sweatman LLP in 2015. In practice, Jan focused on mergers and acquisitions, divestitures, startups, investment, and finance. Jan was for many years named to the Best Lawyers in Canada in Mergers and Acquisitions Law and Leveraged Buy-Outs and Private Equity Law. In addition to her Bachelor of Arts and Juris Doctor, Jan holds a Certificate from the Program on Negotiation at Harvard Law School and a Blue Belt in Innovation Engineering. Jan was awarded the Queen Elizabeth Diamond Jubilee Award in 2012 and the Queen Elizabeth Golden Jubilee Award in 2002 in recognition for her contributions to the community. In 2018 she was honoured with the Distinguished Alumni Award of Excellence by the University of Manitoba.

Thealzel joined the board of TIMIA in April 2014. She manages the monthly Vancouver Angel Technology Network (VANTEC) and the Vancouver chapter of the Keiretsu Forum (Northwest Region) for the local startup community of entrepreneurs and angel investors.  She also serves on committees with the National Angel Capital Organization (Canada) and the Angel Capital Association (U.S.). She is a founder of two angel seed funds: Nelsa Investment (VCC) Inc. and VANTEC Entrepreneurs Fund (VCC) Inc., which has 40 percent of its portfolio invested in “green technology” companies based in British Columbia.

Thealzel holds a Bachelor of Science degree in Microbiology from the University of Alberta, and an Masters of Business Administration from the Richard Ivey School of Business at the University of Western Ontario.

Robert is co-founder and managing director of Promerita Capital Partners, and has twenty years of experience in corporate finance and investment. For the past fourteen years, Robert has focused on subordinated debt, mezzanine and equity investing. He has completed over 80 deals across various industries, including buyouts, acquisitions and growth financing. Prior to Promerita Group, Robert was co-founder and vice president of First West Capital, an institutionally backed subordinated debt and mezzanine finance provider for small and medium sized companies. Robert previously held executive roles in investment management and corporate finance with other leading global and regional firms including Vancity Capital & PricewaterhouseCoopers. Robert is the past President of the Association for Corporate Growth (ACG), BC Chapter, the middle market deal association for corporate finance and M&A professionals. He holds two Honours Degrees in Commerce and Law from Monash University, Australia along with a Graduate Diploma in Applied Finance and Investment, is a CPA-CA in Canada and Australia and is a former adviser to the Accounting Standards Board of Canada (AcSB) on Accounting Standards for Private Enterprises (ASPE).

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