Innovation Happens When Come Together
Together, we can forge powerful, long-lasting partnerships with our clients, supporting them every step of the way in creating the corporate finance and capital solutions they need! This strong alliance not only fuels their success but also drives impressive risk-adjusted returns for their investors. Let’s embrace this journey together and achieve greatness!
About AND Capital Ventures
At AND Capital Ventures, we craft corporate finance and capital deployment solutions for our clients. Whether you are raising capital for a growing company, engaging in M&A, or needing to form a SPV or fund, we operate as an extension of your corporate finance team. We capitalize on the best opportunities by working with clients that have great teams and innovative ideas, regardless of sector or location. Our expertise as operators, entrepreneurs, consultant, investors and fund managers gives us the full picture of how to create risk adjusted returns and bring opportunities into reality.
Our Mission
At AND Capital Ventures, our mission is to create global value for our clients and partners through tailored investment strategies and long-term relationships. We focus on understanding the unique needs of each client and capital providers.
Our Values
Clients Trust our Expertise.
Capital Providers Trust our Acumen.
We believe in transparency and accountability, even when it means having the tough conversations, because we are committed to your superior results.
Meet Our Team
Our team consists of seasoned professionals with extensive global experience growing companies, consulting, and managing investment funds. We leverage our expertise to provide exceptional financially engineered solutions to our clients and investors.
Explore Our Investment Opportunities
At AND Capital Ventures, we specialize in identifying and capitalizing on unique investment opportunities. Our team of experts is dedicated to delivering innovative financial solutions that align with the goals of our limited and venture partners.
Venture Partners
Gain access to a curated selection of high-potential emerging and growing companies.
Limited Partners
Invest in one of our funds as an LP and have AND’s expertise manage investments for you.
Our Esteemed Clients
At AND Capital Ventures, we pride ourselves on building strong, long-term partnerships with exceptional companies. Our clients benefit from our extensive operational expertise and tailored financial strategies, enabling them to access their capital needs and drive sustainable growth.

Investment Readiness

Investor Interest

Financial Structuring
Tailored Financial Advisory Services
At AND Capital Ventures, we specialize in crafting bespoke financial products and strategies to meet our clients financial and capital needs. We operate as an extension of your corporate finance team with long term partnerships in mind.
- Capital raises with both equity and debt
- Mergers and acquisitions, and post transaction technology integration, buy and sell side
- Search funds and roll up strategies
- Fund formation and SPV advising
- Strategic and financial advisory

Meet Our Team

Teruel Carrasco
Founder & Managing Director
Teruel has a Bachelor of Arts in International Relations and Economics from the University of Alberta and completed post graduate work in business at Stanford and Harvard. With over 20 years of experience in corporate finance,, strategic advisory and business development, Teruel specializes in investment banking, M&A, and venture financing. As Managing Director at AND Capital Ventures, he advises high-growth companies on securing capital and structuring deals.
Teruel has extensive experience in fund formation, M&A consulting, and capital raising, having founded Radar Private Equity, worked as a Venture Partner at 3x Capital and strategic advisor at Impirica Inc. Previously, as CEO of Lending Assist and President of Valhalla Private Capital, he led operations, expanded investor networks, and facilitated growth through strategic capital initiatives.
Known for his expertise in managing financial transactions, Teruel excels in deal flow, investor relations, and maximizing returns for investors and stakeholders. When he is not working he is an avid runner, hiker and likes to exercise his brain with a good game of chess.

Rod Heard
Founder & Managing Director
Rod holds a Bachelor of Science in Engineering Geophysics from Queen’s University and an MBA from the University of Calgary. With over 30 years of executive leadership and advisory experience, Rod brings a deep understanding of corporate strategy, investment banking, and growth capital to the private equity community. As the Managing Director of AND Capital Ventures, Rod advises emerging and growing companies on securing capital, mergers and acquisitions, and strategic financial growth.
In addition to running AND Capital, Rod is the Chair of the Board of Advisors for Di-Corp and a seasoned director for OntheJob Inc. Rod started his board governance experience in the late 1990’s and has held numerous roles in both the not for profit and private company governance that showcase his expertise in strategic leadership, corporate governance, and fundraising.
As the founder and CEO of and ETF management company, CFO of a publicly traded energy services and technology company and CEO of a strategic advisory firm, Rod led efforts to raise well over $100M in private and public equity, applying strong financial acumen and deal structuring. His experience in capital markets, corporate finance, and growth strategies has been integral in building successful ventures.
An expert in business strategy, governance, and investment management, Rod holds the ICD.D designation and has a proven track record of driving value creation for investors and stakeholders. Outside of work he enjoys time with his family, a good game of rugby and is an avid outdoorsman.

CJ Lemky
Partner
CJ holds a Bachelor of Arts in International Relations from the University of Calgary, graduating as the top performing academic student in her degree program. She scored in the 99th percentile on her GMAT and went on to get her MBA from the Yale School of Business.
She began her career in international development and social enterprise, and has since amassed cross-sector experience across various industries, including oil and gas, real estate, higher education, e-commerce, SaaS, options trading, and consulting. Her professional background is further enriched by an international perspective gained through her work and residence in over 30 countries.
CJ is a successful entrepreneur, having founded and sold two companies, one in the SaaS sector and the other an e-commerce brand. Outside of her professional commitments, she has a keen interest in holistic medicine, sustainable building technologies, and enjoys spending time with her French Bulldog, Winston.
Get in Touch
We are here to assist you with your company’s capital needs.
Email Us
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Visit Us
Schedule an appointment to discuss your company's capital needs and growth goals. 1920 - 150 9th avenue Calgary, Alberta, Canada.