Plank Ventures Ltd.
CCSE:PLNK0.03
CAD
0.00
(0.00%)
ISIN
CA72706P2098
CUSIP
72706P209
Return %
Stock
S&P 500
1Y
-37.50
14.20
3Y
-58.33
81.12
5Y
-95.00
68.34
Capital Structure
CAD
•
in mil. unless spec.Working Capital
CAD
•
in mil. unless spec.Growth Rates
CAD
•
in mil. unless spec.Quarterly Revenue
CAD
•
in mil. unless spec.Quarterly Earnings Per Share
CAD
•
in mil. unless spec.Quarterly Dividends Per Share
CAD
•
in mil. unless spec.Company Description
- CEO
- Laurie Anthony Baggio
- Sector
- Finance
- Industry
- Investment managers
- Address
- 1080 Mainland Vancouver BC Canada V6B 2T4
- IPO Date
- Jul 2, 2021
- Website
- plank.ventures
- Similar Companies
- Business
- Plank Ventures Ltd. is an investment company specializing in acquiring and investing in internet software companies with high growth potential and proven capabilities to sell services in the marketplace. The company focuses primarily on business-to-business software as a service (B2B SaaS) across various verticals, targeting early-stage start-ups that have established customers and recurring revenue streams. Plank Ventures operates mainly in Canada and the United States, with the majority of its revenue generated from U.S. operations. The company offers investment capital, strategic support, and growth expertise to scale these businesses. Founded in 2013 and headquartered in Vancouver, British Columbia, Plank Ventures operates through two main segments: investing activities within Canada and online promotions in the United States. Plank Ventures’ core services include investing in and acquiring early-stage technology companies, particularly those in the SaaS and internet software sectors with capabilities in marketing via social media and promotion. The company’s portfolio has included investments in firms specializing in customer relationship management, franchise management, and field services software. It recently completed the sale of its stake in Karve IT Ltd., a software development company with a SaaS business model and a flagship product used across North America, in exchange for shares in Mobio Technologies Inc., thereby expanding its investment portfolio into new technology ventures. Recent major developments include the completion of a binding share purchase agreement with Mobio Technologies Inc. for the sale of its investment in Karve IT Ltd., alongside the acquisition of 2,861,538 common shares in Mobio. Plank has also extended loan maturities to December 2025 and secured additional working capital of CAD 285,000 through borrowing arrangements with various lenders. The company’s strategic shifts emphasize expanding its portfolio with investments in early-stage businesses that demonstrate stable recurring revenues and scalable growth potential. These changes showcase Plank’s ongoing commitment to capitalizing on technology-driven growth opportunities while actively managing its financial obligations to support operational flexibility. Plank Ventures is led by a team of founders, growth hackers, angels, and investors who provide capital, advisory, and operational support to the companies in which they invest. The company continues to focus on leveraging its network and experience to build substantial business value in the technology sector. It remains public, trading under the ticker PLNK.CN on the Canadian Securities Exchange. This profile reflects Plank Ventures Ltd.’s comprehensive investment focus on technology-driven internet software and SaaS businesses, detailing its main product offerings, geographic footprint, and recent strategic transactions that underscore its evolving investment and financing activities within the technology sector.