Terry Doyle, managing partner at Telus Global Ventures, is one of the 100 leading corporate venturing professionals in our 2026 Powerlist.
Under Terry Doyle’s leadership, the corporate VC unit of Canada-based global technology company Telus has evolved from a relatively traditional minority investor into a tightly integrated extension of the parent company’s growth platforms, particularly in health, agriculture, digital infrastructure and impact investing.
Doyle’s tenure as managing partner of Telus Global Ventures since May 2023 has seen the unit sharpen its focus on companies that can plug directly into Telus’s operating businesses, especially Telus Health and Telus Agriculture, and drive the business unit’s product roadmaps.
Earlier this year, former GM Ventures principal Ted Graham joined Telus as its latest partner.
Graham joined a 17-person team at Telus Global Ventures that is one of the world’s most active investors. The unit has taken part in autonomous driving technology provider Waabi’s $750m series C round this year, as well as a $130m series C for quantum computing technology developer Photonic.
Doyle has scaled Telus Global Ventures’ portfolio and deployment to $1bn-plus by building repeatable investment and portfolio-management processes. He leads about $100m of transaction activity each year, while delivering about the same total in annual commercial synergy with Telus through strategic partnerships and portfolio activation.
Crucially, Doyle has helped evolve the fund model while actively managing the lifecycle (double down, exit, re-vector capital) to drive top-decile returns.
On exits, in the past year Plume acquired Ireland-based Sweepr Technologies in January reportedly for less than $100m and Zirtual, a US-based company owned by PennSpring Capital, acquired the virtual assistant division of Calgary-based Virtual Gurus. Doyle’s Telus Pollinator Fund for Good had led an C$8.4m round for Virtual Gurus in 2022.
Doyle has also maintained strong syndicate discipline, typically investing alongside leading venture firms. He knows first-hand how important it is to be in the top tier having seen Telus from the outside and its high regard.
Doyle was previously in corporate roles at BT Global Services, Nokia and Microsoft before becoming general manager in San Francisco of the international part of a personnel reference business, Checkr. This led him to subsequently start an early-stage venture fund, Amicita Capital, investing in the future of work before joining Telus.
This positions Telus Global Ventures as a credible, value-added partner rather than a price-setting outlier.
The result is a CVC unit that punches above its weight strategically and financially. In a market where many corporate investors struggle to demonstrate relevance beyond capital, Telus Global Ventures is building a case for something more durable.
The GCV Powerlist represents the 100 individuals spearheading the future of the corporate venturing industry.
These individuals excel in terms of their venturing approach and structure, number and quality of portfolio companies and in their contributions to the corporate venturing profession.
Here’s a snapshot of their recent deals:
