About Victory Square Technologies
Victory Square Technologies is a publicly listed company based in Vancouver (Canada) founded in 2015 by Ray Walia. Investment and incubation services are provided to Canadian tech startups. Victory Square Technologies has completed 5 acquisitions, including FansUnite, Flo VR and Hydreight. Its chief executive, as recorded, is Shafin Diamond Tejani. Its focus areas include Investment Industry, Accelerators & Incubators, Sector Agnostic and VC-Backed.
Company details
Victory Square Technologies was established in 2015 in Vancouver, Canada, as a venture capital firm specializing in technology sectors. Accelerator and incubator programs are operated to support early-stage companies. Investments are directed toward innovative startups, with advisory input from a team of co-founders, executives, and strategic advisors. Operations remain centered on the Canadian market, facilitating growth in digital and emerging technologies.
- Headquarters Vancouver, Canada
- Founders Ray Walia
- Stage Public
- SectorsFinancial Services
- Email••••••••
- Phone•••• ••••
- Website victorysquare.com
- Social LinkedIn X Facebook
- Legal Name Victory Square Technologies Inc
- Annual Revenue$25.85 M (USD)111.66as on Dec 31, 2025
- Net Profit$1.49 M (USD)65.06as on Dec 31, 2025
- EBITDA$205.87 K (USD)as on Dec 31, 2025
- Investments & AcquisitionsFansUnite
& 4 more
Funding Insights of Victory Square Technologies
- Total Rounds 2
- First Round $10M
(Aug 2016)
All 2 funding rounds of Victory Square Technologies with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct 2020 | Post-IPO | – | – | – | |
| Aug 2016 | $10M | Post-IPO | – | – | – |
People of Victory Square Technologies
26 people are tracked at Victory Square Technologies (11 in leadership, 12 in board & advisors, 3 in team).
| Name | Role | Group |
|---|---|---|
Ray Walia | Co-Founder & Advisor | Leadership |
Shafin Diamond Tejani | CEO | Leadership |
Rizwan Somji | Advisor | Leadership |
Lance Priebe | Advisor | Leadership |
Kevin Williams | Advisor | Leadership |
Carey Dillen | Advisor | Leadership |
Cathy Hackl | Advisor | Leadership |
Howard Blank | Strategic Advisor | Leadership |
Sheri Rempel | Chief Financial Officer | Leadership |
Abbey Vogt | Head of Operations - VS Digital Health | Leadership |
Vahid Shababi | Chief Growth Officer | Leadership |
Pavel Bains | Advisor | Board & advisors |
Duncan Mcintyre | Advisor | Board & advisors |
Sam Chandola | Advisor | Board & advisors |
Mark Tadros | Advisor | Board & advisors |
Adrian Duke | Advisor | Board & advisors |
Alex Chuang | Advisor | Board & advisors |
Jeff Jang | Advisor | Board & advisors |
Peter Smyrniotis | Director | Board & advisors |
Todd Kesselman | Advisor | Board & advisors |
6 more people are available in the full profile.
Complete people profiles for Victory Square Technologies
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
IPO & Listings of Victory Square Technologies
Victory Square Technologies is a publicly listed company on the CSE with ticker symbol VST in Canada, operating in the Technology services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date06 May 2016
- Listed onCSE: VST
- Listed entityVictory Square Technologies Inc
- Exchange sectorTechnology services
- ISINCA92650P1045
- Share price0.50 CAD (-3.85% on the day) · 2026-10-13
- Market capitalisation52,138,733.00 CAD
- Price to earnings9.4
- EPS (diluted, trailing year)0.05 CAD
- Volume (last session)320,470
Financials of Victory Square Technologies
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | 35.4M CAD | 2.0M CAD | 281,870 CAD |
| 2024 | 16.7M CAD | 1.2M CAD | -2.2M CAD |
| 2023 | 12.1M CAD | -14.2M CAD | -7.3M CAD |
| 2022 | 5.9M CAD | -24.2M CAD | -11.0M CAD |
| 2021 | 1.5M CAD | -20.0M CAD | -11.2M CAD |
Detailed financial statements for Victory Square Technologies
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Victory Square Technologies
Victory Square Technologies has strategically engaged in corporate development activities, having acquired 5 companies. Notable acquisitions include FansUnite, Flo VR and Hydreight.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Online doctor appointments are booked via Hydreight's mobile platform. | hydreight.com | Las Vegas, United States | 2018 | Jan 2021 | $1.6M | |
VPN services are provided to enhance network security. | limitlessvpn.com | 2017 | Apr 2018 | $3.92M | ||
Virtual reality ad network developed for brands and advertisers. | flovr.ca | Toronto, Canada | 2016 | Apr 2018 | •••• | |
Venture capital firm & developer for mobile games | v2g.io | Vancouver, Canada | 2013 | Feb 2018 | $1.59M | |
AI-enabled platform for sports betting and management is provided. | fansunite.com | Vancouver, Canada | 2012 | Aug 2016 | •••• |
Complete acquisition details for Victory Square Technologies
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of Victory Square Technologies
9 dated milestones of Victory Square Technologies across 6 years, from founding to its latest funding, stage changes and deals.
- Founded Victory Square Technologies is founded.
- IPO Lists on the stock exchange (IPO).
- Funding First funding round of $10.0M.
- Acquisition Acquires FansUnite.
- Acquisition Acquires V2 Games.
- Acquisition Acquires Flo VR.
- Acquisition Acquires LimitlessVPN.
- Funding Latest funding round, Post-IPO,.
- Acquisition Acquires Hydreight.
Web traffic of Victory Square Technologies
The website of Victory Square Technologies (victorysquare.com) receives about 3.3K visits a month.
- Monthly visits3.3K
▲ 17% vs previous month
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Related news about Victory Square Technologies
Complete news archive for Victory Square Technologies
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Frequently Asked Questions about Victory Square Technologies
Victory Square Technologies was founded in 2015 and raised its 1st funding round 1 year after it was founded.
Victory Square Technologies is headquartered in Vancouver, Canada. It is registered at Vancouver, British Columbia, Canada.
Shafin Diamond Tejani is the CEO of Victory Square Technologies, as recorded in our data.
Annual revenue of Victory Square Technologies is $25.85M as on Dec 31, 2025.
Victory Square Technologies was established in 2015 in Vancouver, Canada, as a venture capital firm specializing in technology sectors. Accelerator and incubator programs are operated to support early-stage companies. Investments are directed toward innovative startups, with advisory input from a team of co-founders, executives, and strategic advisors. Operations remain centered on the Canadian market, facilitating growth in digital and emerging technologies.
Yes, Victory Square Technologies is publicly traded on CSE under the ticker symbol VST.