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Janet Bannister

From Wikipedia, the free encyclopedia
Janet Bannister
NationalityCanadian
EducationIvey Business School
Alma materUniversity of Western Ontario
Occupation(s)Business executive, venture capitalist

Janet Bannister is a Canadian business executive and venture capitalist. She is the founder and managing partner of Staircase Ventures.[1] Prior to launching Staircase in 2023, she was the managing partner at Real Ventures, an early-stage venture capital firm.[2]

Early life and education

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Bannister was a varsity long-distance runner and a national triathlon champion in Canada finishing 8th in the world at the Long Distance Triathlon World Championships in 1996.[3] She holds a degree from the Ivey Business School at the University of Western Ontario.[4]

Career

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Bannister started her career as a brand manager at Procter & Gamble and then as an engagement manager with McKinsey & Co. In 2001, she spent four years at eBay in Silicon Valley. In 2004, she launched Kijiji.ca which became one of Canada's most-visited websites.[5][6][7]

Bannister is the co-chair of C100[8] and on the boards of the Ivey Business School and LEAP,[9] a social venture accelerator, as well as serving as a mentor at Creative Destruction Lab at the University of Toronto.[10]

She also founded and was CEO at a venture-backed start-up prior to joining Real Ventures in 2014.[11] In 2017, she was announced as part of a team to guide fintech strategy for the province of Ontario[12] and the Canadian Economic Strategy Roundtable on Digital Industries.[13]

Staircase Ventures

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Launched by Bannister in 2023, Staircase Ventures closed their first fund by collecting C$34 million[14] with investors including the Royal Bank of Canada.[15] The fund focuses on leading seed-stage financings of B2B software companies in Canada.[16]

In October 2023, it led the Calgary fintech startup Fillip to a C$5m seed round of fundraising.[17] By February 2024, the firm had also led seed rounds of funding for other Canadian startups including AI drug discovery platform Biossil and Rhenthi, a marketing automation platform, along with a C$6m round for AI-focused Sibli.[18]

References

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  1. ^ "Canadian VC Janet Bannister on finding startups that operate outside Big Tech's purview" BNN Bloomberg. Retrieved 2023-11-15.
  2. ^ "JANET BANNISTER LAUNCHES STAIRCASE VENTURES WITH $22 MILLION FIRST CLOSE" BetaKit. Retrieved 2023-11-15.
  3. ^ "Janet Bannister" World Triathlon. Retrieved 2023-11-15.
  4. ^ "A new venture: Janet Bannister, HBA '92" Ivey Alumni Gazette. Retrieved 2023-11-07.
  5. ^ "Kijiji, a Flop in the U.S., Rules Online Classifieds in Canada" New York Times. Retrieved 2023-11-15.
  6. ^ "Janet Bannister is de-risking entrepreneurship" OPM Wire. Retrieved 2023-10-24.
  7. ^ "Kijiji founder offers advice to large audience at Lethbridge business conference" Global News. Retrieved 2023-11-15.
  8. ^ "With new co-chair, C100 looks beyond Silicon Valley origins" The Logic. Retrieved 2023-11-07.
  9. ^ "Champions & Advisors" LEAP. Retrieved 2023-11-07.
  10. ^ "Mentors" CDL. Retrieved 2023-11-08.
  11. ^ "A triathlon of a life: How Janet Bannister manages work, family and health" Financial Post. Retrieved 2023-11-14.
  12. ^ "Ontario Improving the Delivery of Financial Services Technology" Ontario Bulletin. Retrieved 2023-11-14.
  13. ^ "SHOPIFY’S TOBI LÜTKE NAMED CHAIR OF CANADIAN GOVERNMENT’S DIGITAL INDUSTRIES TABLE" Betakit. Retrieved 2023-11-08.
  14. ^ "Janet Bannister exceeds target for first solo fund as other venture capitalists struggle to raise" The Globe and Mail. Retrieved 2023-11-08.
  15. ^ "Newly formed Staircase Ventures collects C$22m for debut fund" Venture Capital Journal. Retrieved 2023-11-15.
  16. ^ "Unprecedented Support for Founders Distinguishes Staircase Ventures, New Fund by Janet Bannister" Yahoo! Finance. Retrieved 2023-11-14.
  17. ^ "Fillip Raises $5 Million Seed Round Led by Staircase Ventures" Calgary.tech. Retrieved 2023-11-08.
  18. ^ "Sibli uses AI to give asset managers “information advantage” when researching opportunities" Betakit. Retrieved 2024-03-25.
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