Garage Capital

GarageCapital is a venture capital investment firm established in 2013 and headquartered in Waterloo, Canada, with an additional office in Kitchener. The firm focuses on investing in the software as a service and technology sectors, targeting innovative companies that demonstrate strong growth potential. By leveraging its expertise and regional presence, GarageCapital aims to support the development of promising startups in these dynamic industries.

Mike McCauley

Co-Founder and General Partner

Past deals in Ontario

Forcen

Series A in 2024
Forcen develops and manufactures force-sensing film for various industries, including surgical robotics, industrial robotics, and aerospace. Its film can be integrated into parts or assemblies of devices in these sectors, providing real-time force feedback. Founded in 2015, the company is headquartered in Toronto, Canada.

ChefHero

Series A in 2023
ChefHero Inc. is a technology company based in Toronto, Canada, that provides a mobile and web application designed for businesses in the food service industry to order wholesale restaurant supplies from regional suppliers. Founded in 2015, ChefHero serves a diverse clientele, including restaurants, bars, coffee shops, food trucks, and catering services. The platform streamlines the procurement process, allowing users to efficiently source necessary supplies while enabling chefs and food service professionals to focus more on their culinary creations. By connecting businesses with a network of dedicated suppliers, ChefHero enhances operational efficiency in the food industry.

Nicoya Lifesciences

Series A in 2021
Nicoya Lifesciences Inc. is a Canadian company based in Kitchener that specializes in developing advanced sensor products for the biotechnology and pharmaceutical industries. Founded in 2012, Nicoya creates instruments designed to analyze biomolecular interactions, including proteins, antibodies, DNA, RNA, and small molecules. Their product lineup includes surface plasmon resonance (SPR) instruments, spectrophotometers, sensor chips, reagents, and accessories, as well as the OpenSPR, a personal label-free biomolecular analysis instrument. In addition to hardware, Nicoya offers software solutions for real-time kinetic analysis, instrument control, and optical peak tracking, enhancing the capabilities of their analytical tools.

Fellow.app

Series A in 2021
Founded in 2017, Fellow.app is a leading meeting productivity platform that enhances collaboration among teams. It connects calendars with meeting notes, allowing attendees to contribute to agendas, reference past discussions, record action items, and more. The platform also offers dedicated spaces for one-on-one notes, feedback, objectives, and action items, fostering productive meetings regardless of location.

ChefHero

Series A in 2021
ChefHero Inc. is a technology company based in Toronto, Canada, that provides a mobile and web application designed for businesses in the food service industry to order wholesale restaurant supplies from regional suppliers. Founded in 2015, ChefHero serves a diverse clientele, including restaurants, bars, coffee shops, food trucks, and catering services. The platform streamlines the procurement process, allowing users to efficiently source necessary supplies while enabling chefs and food service professionals to focus more on their culinary creations. By connecting businesses with a network of dedicated suppliers, ChefHero enhances operational efficiency in the food industry.

Moonshot Brands

Series A in 2021
Moonshot Brands is a company that specializes in acquiring, operating, and growing profitable e-commerce businesses. Based in Toronto, it focuses on the online and mail order retail industry, leveraging its expertise to enhance the performance and scale of its portfolio companies. By implementing strategic growth initiatives, Moonshot Brands aims to maximize the potential of the businesses it acquires, positioning itself as a key player in the e-commerce landscape.

Phenomic AI

Seed Round in 2020
Founded in 2017, Phenomic AI is a Toronto-based company that develops artificial intelligence-driven drug discovery platforms. Its technology analyzes phenotypes in complex disease models like high-content co-culture and 3D assays, enabling pharmaceutical companies to discover drugs more efficiently.

BinSentry

Series A in 2020
BinSentry is an agricultural technology company that provides an IoT-based platform and solar-powered sensors to monitor on-farm feed inventory for feed mills and livestock producers in Canada. The system enables real-time inventory visibility and automates logistics tasks by integrating predictive analytics with IoT and AI, supporting inventory management, scheduling of trucking routes, and reductions in supply disruptions. Founded in 2017 and based in Kitchener, Ontario, BinSentry focuses on livestock and grain operations, helping customers improve efficiency and profitability through streamlined inventory and workflow monitoring.

Lilia

Seed Round in 2020
Founded in 2019, Lilia is a fertility support company headquartered in Toronto, Canada. It offers a home diagnostic test for fertility hormone assessment and connects users with specialists through its resource hub, providing guidance on reproductive health.

Nicoya Lifesciences

Series A in 2020
Nicoya Lifesciences Inc. is a Canadian company based in Kitchener that specializes in developing advanced sensor products for the biotechnology and pharmaceutical industries. Founded in 2012, Nicoya creates instruments designed to analyze biomolecular interactions, including proteins, antibodies, DNA, RNA, and small molecules. Their product lineup includes surface plasmon resonance (SPR) instruments, spectrophotometers, sensor chips, reagents, and accessories, as well as the OpenSPR, a personal label-free biomolecular analysis instrument. In addition to hardware, Nicoya offers software solutions for real-time kinetic analysis, instrument control, and optical peak tracking, enhancing the capabilities of their analytical tools.

Convictional

Seed Round in 2019
Founded in 2017, Convictional operates a multi-channel B2B e-commerce platform for high-growth suppliers. It offers services such as electronic data interchange, wholesale integrations, quick order, dropship automation, and order financing.

Fellow.app

Seed Round in 2019
Founded in 2017, Fellow.app is a leading meeting productivity platform that enhances collaboration among teams. It connects calendars with meeting notes, allowing attendees to contribute to agendas, reference past discussions, record action items, and more. The platform also offers dedicated spaces for one-on-one notes, feedback, objectives, and action items, fostering productive meetings regardless of location.

Nicoya Lifesciences

Seed Round in 2018
Nicoya Lifesciences Inc. is a Canadian company based in Kitchener that specializes in developing advanced sensor products for the biotechnology and pharmaceutical industries. Founded in 2012, Nicoya creates instruments designed to analyze biomolecular interactions, including proteins, antibodies, DNA, RNA, and small molecules. Their product lineup includes surface plasmon resonance (SPR) instruments, spectrophotometers, sensor chips, reagents, and accessories, as well as the OpenSPR, a personal label-free biomolecular analysis instrument. In addition to hardware, Nicoya offers software solutions for real-time kinetic analysis, instrument control, and optical peak tracking, enhancing the capabilities of their analytical tools.
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