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Working at The C100
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About
The C100 grew out of a Palo Alto event for Canadian expatriates in 2009, when Nortel had gone bankrupt, RIM was in decline and Canadian venture capital had all but disappeared. Chris Albinson, then of Panorama Capital, and Anthony Lee of Altos Ventures agreed to start it within minutes of meeting, and built it around a charter membership of Canadians working at Apple, Cisco, Facebook, Google, IBM, Microsoft, Oracle and Salesforce.
It is member-driven rather than a fund: members open their networks to Canadian founders through Fellows | 48Hrs for early-stage companies, a Growth programme for scale-stage companies, and an annual Summit. The organisation now states a target of helping more than 150 Canadian-based technology companies pass $100M in annual recurring revenue, with at least twelve reaching $1B, by 2030. Michael Buhr is executive director; the board is co-chaired by Mike Wessinger of PointClickCare and Michael Garrity of Financeit. Ray Newal, who has a profile here, was chief executive from 2022 to 2024.
Backers
A non-profit funded by its members and sponsors rather than by investors; it does not raise venture rounds.
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Quick answers
What is The C100?
A non-profit network of Canadian tech leaders, concentrated in Silicon Valley, that gives Canadian founders access to American capital, customers, mentors and hiring networks. Its own description is "a member-driven organization of Canadian tech veterans."
Why was it started?
Because in 2009 the Canadian tech picture was bleak — Nortel bankrupt, RIM sliding, almost no domestic venture capital. Chris Albinson and Anthony Lee met at a Canadian government event in Palo Alto and agreed on the spot to build a way for Canadian founders to reach the Valley.
What does it actually run?
Three things: Fellows | 48Hrs for early-stage founders, a Growth programme for scale-stage companies, and an annual Summit. It says alumni companies have raised $13.2B, created more than 23,000 jobs and reached $26.6B in cumulative valuations.
Who runs it now?
Michael Buhr is executive director, with a board co-chaired by Mike Wessinger of PointClickCare and Michael Garrity of Financeit. Ray Newal led it as chief executive from 2022 to 2024.