Born on 1 January 1964, Bruce Croxon is a self-made entrepreneur, venture capitalist, and TV personality from Toronto, Ontario Canada, perhaps best known for his major investments with very positive outcomes, including Round 13 Capital and Lavalife. He owes his total wealth partly to a lifetime of successful partnerships with like-minded entrepreneurs, as well as to his futuristic and innovative thinking.
Have you been wondering how high Bruce Croxon’s net worth is, as of mid-2020? According to credible sources, it has been estimated that Bruce’s total wealth rounds up to over $25 million as of late 2020, owed largely to the professional intuition that has flawlessly guided his entrepreneurial career.
Bruce Croxon Net Worth $25 Million
Bruce has disclosed little information on his personal life, so little is known about his origins. However, he graduated with a Bachelor of Arts degree from the University of Ontario in 1982, and that is as far back as reputable media goes when it comes to Croxon’s early life.
Bruce’s relatively calm career suddenly bloomed in 1987, when he joined up with Ed Lum, Nick Paine and David Chamandy to co-found the future dating giant called Lavalife. Before the invention of the Word Wide Web in 1991, though, there was no dating website, or Lavalife; the four co-founders originally owned Teleclassifieds, which allowed for certified phone advertising, concerning sales of personal items and apartment listing. The company’s name varied as newer technologies appeared, eventually stopping at Lavalife, now serving over two million clients. This move was Croxon’s first step towards obtaining the net worth he has today.
In 2011, Bruce was invited to co-star with other entrepreneurs on a new CBC TV show called “Dragon’s Den”. Alongside his colleagues (Dragons), he publicized investment in growing businesses around Canada. He was active on the show from 2011 to 2013, during which time he gained the reputation of a successful businessman. Ultimately, he left the show in order to dedicate himself to his growing firm. His two-year presence on the show thus further contributed to his business opportunities, and eventually brought an increase to his overall net worth.
In 2012 in Toronto, Bruce Croxon co-founded Round 13 Capital with Scott Pelton and John Eckhert. The idea behind this company was to increase future profits by investing in potentially successful businesses. Hence, Round 13 Capital is a growth-stage venture capital firm, founded to co-operate only with Canadian business owners. The firm’s resources are mostly meant for businesses in the digital sector, and those that rely on advanced technology. By mid-August 2017, Croxon’s business had managed to raise $95 million, which was closed at that point and funneled into growing businesses. Consequently, this is already making his net worth skyrocket.
Additionally, Croxon is a regular co-host on Business News Network’s “The Disruptors”, a TV show with weekly episodes that focus on growing businesses around the world, specifically those that come up with the most innovative strategies. The show is meant to help Canadian business owners with developing the mindset that would ensure their success. A major part of the series is the constant introduction of various new technologies, which Croxon himself deems as the single most important factor. Hence, Bruce’s presence on the show helps him establish the image of a progressive entrepreneur, broadening his business horizons even further, as well as boosting his net worth.
In his personal life, Bruce Croxon is married to Debra Thier and they have a son; the family is still based in Toronto. His relaxation revolves around the Canadian great outdoors, including skiing, kayaking and golf.
