Susan Rivett
Portfolio Manager
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- Full Name
- Susan Rivett
- Title
- Portfolio Manager
- Firm
- MMV Financial (MMV Capital Partners)
- Firm Type
- Venture debt / growth-capital lender (not a traditional angel/equity investor — see note below)
- Investment Stage
- Growth-stage / expansion (venture lending to revenue-generating technology and life-sciences companies)
- Check Size
- MMV typically deploys US$1.5M–US$10M per financing (firm-level; larger deals accommodated)
- Target Company Profile
- Emerging technology and life-sciences companies across North America seeking growth capital with limited dilution
- Sector Focus
- Software, communications and enterprise applications/infrastructure; life sciences (drug therapies and medical devices)
- Geographic Focus
- North America (firm based in Canada)
- Location
- Toronto, Ontario, Canada
Background
Susan Rivett is a Portfolio Manager at MMV Financial (also branded MMV Capital Partners), a Toronto-based venture-debt and growth-capital lender founded in 1998 that provides financing to emerging technology and life-sciences companies throughout North America. In her role she is responsible for the overall administration of the firm's loan portfolio, including funding, cash application, and portfolio compliance — the operational backbone of a lending book rather than a front-line deal-sourcing seat.
Before MMV, Susan worked at Maxium Financial (later CWB Maxium Financial), where she held a Manager, Finance Programs role and where a version of her portfolio-manager bio originates ("Prior to joining Maxium…"). Earlier in her career she spent significant time at TD Asset Finance Corp., the lease-financing arm of The Toronto-Dominion Bank. There she held a progression of positions: Manager, Compliance (overseeing documentation and funding for lease transactions); Manager, Credit (responsible for credit analysis and documentation negotiation for corporate clients); and Manager, Business Development (sourcing new transactions through relationships with equipment-leasing companies).
Her career has therefore centered consistently on credit, compliance, and portfolio administration within Canadian equipment-finance and venture-lending institutions. According to her LinkedIn profile she is based in Toronto and studied at Western University. She is not publicly documented as an angel investor deploying her own capital.
Investment Thesis & Focus
- Operates within MMV Financial's mandate: venture loans, bridge financing, and structured/creative debt solutions for growth-stage technology and life-sciences companies that want capital with limited equity dilution.
- Firm targets companies typically past the pure-seed stage — revenue-generating or venture-backed businesses that can service debt.
- Typical financings range from US$1.5M to US$10M, with larger transactions accommodated as needed; MMV has historically run a program of roughly US$400M+ deploying ~US$100M of new investments per year.
- Sector emphasis: enterprise software/applications, enterprise infrastructure, and communications on the tech side; drug-therapy and medical-device companies on the life-sciences side.
- Susan's specific remit is portfolio management — funding, cash application, and compliance — meaning she is a key operational contact for existing borrowers rather than the person who says "yes" to a new deal.
Notable Investments
- Ooma — cloud communications / VoIP provider; later a public company (NYSE: OOMA).
- PowerSchool — K-12 education software platform; later IPO'd (NYSE: PWSC).
- Antares Pharma — specialty pharmaceutical / drug-delivery company; listed by data providers as an MMV portfolio exit (May 2022).
- fSONA — free-space optics / wireless communications company, cited among MMV's notable holdings.
- HighRoads — healthcare benefits software company, cited among MMV's notable holdings.
- Aggregators credit MMV with investments across 130+ companies and 40+ exits over its history.
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