Generalist · Calgary, AB
Werklund Ventures
Alberta family office, industrial roots.
- Cheque
- Not disclosed
- Role
- Can lead a round
- Pace
- Quiet lately
- Kind
- Generalist
- Based in
- Calgary, AB
- Founded
- 2014
- Works in
- EN
- Last deal seen
- October 2019
- Stages
- Series B and later
- Sectors
- Generalist
Their thesis, in full
Calgary-based family office of David Werklund, founder of CCS Corp and Tervita. Werklund Ventures Ltd. was created in 2014 within the Werklund Family Office (established in 2006). Focus on energy, water and waste. Backed Intelligent Wellhead Systems through the Werklund Growth Fund until its 2024 sale to Pason Systems. Patient capital with a long horizon and an Albertan industrial thesis, suited for founders building hardware and resource-tech businesses that need long-cycle backing aligned with their development timelines.
What they bring past the cheque
- Energy and waste expertise
- Family office patience
- Alberta industrial network
- Long-horizon capital
- Operator-built history
Questions they usually ask
Have an answer ready for each one before the first call.
- How does your solution help energy, water, or waste customers de-risk operations?
- What does your sales cycle look like with industrial buyers?
- How do you balance equity dilution with patient long-horizon capital?
Follow-on
As a family office, Werklund has no fixed reserve policy and can hold positions for long cycles, as seen with Intelligent Wellhead Systems, where it added equity in 2019 and held through the 2024 sale to Pason Systems. Follow-on decisions are evaluated case by case alongside industrial co-investors like Pason Systems.
Portfolio
Names they back, most notable first.
- Intelligent Wellhead SystemsSeries B+ · 2019
- RS PolesSeries B+ · 2011
Often in the same rounds
Investors seen alongside them in past rounds.
- Pason Systems
Similar investors
Overlapping sectors and stages. Useful to build a list of 10 to 20 names for one round.
See how they fit your round
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