KOHO
Venture Round in 2024
KOHO Financial Inc. is a financial technology company founded in 2014 and headquartered in Toronto, Canada. The company offers a digital banking platform that provides low-cost banking services through a prepaid, reloadable Visa-backed debit card and a user-friendly mobile application. This platform enables customers to conduct day-to-day banking operations and includes features such as financial goal setting, cash flow projections, group spending management, and detailed spending insights. By equipping users with these tools, KOHO aims to simplify money management and enhance the overall banking experience for its customers.
General Fusion
Venture Round in 2024
General Fusion Inc., established in 2002 and headquartered in Burnaby, Canada, specializes in developing commercial Magnetized Target Fusion (MTF), a hybrid fusion method combining magnetic confinement and inertial confinement principles. The company focuses on creating utility-scale fusion power using its patent-pending MTF concept, which has the potential to provide clean, safe, and economical energy. General Fusion develops key subsystems such as plasma injectors, acoustic drivers, and liquid metal vortex compression tests to advance its MTF technology. Backed by a global syndicate of investors, industry leaders, and technology pioneers, General Fusion aims to demonstrate and commercialize its innovative fusion power plants by the end of the decade.
Miru Smart Technologies
Series A in 2024
Miru Smart Technologies, formerly known as Click Materials, is a Vancouver-based company specializing in advanced materials, particularly in the development of electrochromic windows for residential, commercial, and automotive applications. Founded as a university spin-off, Miru leverages over a decade of academic and industrial research to innovate traditional thin film production. This advanced fabrication process is designed to provide superior performance at lower manufacturing costs compared to existing technologies. By focusing on strategic partnerships, Miru aims to integrate its window technology into the growing trends of connected smart buildings and voice-activated smart homes, contributing to reduced greenhouse gas emissions and enhanced energy efficiency.
Sanctuary Cognitive Systems Corporation
Venture Round in 2024
Sanctuary AI, founded in January 2018 and based in Vancouver, Canada, is focused on developing synthetic humans, referred to as "synths." The company's mission is to create robots that are indistinguishable from humans in physical appearance, cognitive abilities, and emotional responses. In addition to advancing cutting-edge technology, Sanctuary AI is committed to addressing the ethical implications associated with the creation of human-like machines.
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.
Félix & Paul Studios
Venture Round in 2024
Felix & Paul Studios, founded in 2013 and based in Montreal, Canada, specializes in the production of cinematic virtual reality experiences. The studio, led by directors and visual artists Félix Lajeunesse and Paul Raphaël, has established a reputation for its pioneering approach to virtual reality storytelling. It has developed a proprietary 3D 360º camera and corresponding software that set industry standards for quality in VR filmmaking. The studio creates both original content and collaborates with existing intellectual properties, offering audiences deeply immersive experiences that evoke strong emotional responses. Notable projects include collaborations with Oculus, Universal Studios, and Cirque du Soleil Media, showcasing the studio's commitment to high-quality, innovative storytelling in virtual reality. With a dedicated team of artists, software developers, and engineers, Felix & Paul Studios continues to lead the evolution of this emerging medium.
Thentia Cloud
Series B in 2024
Thentia Cloud is a leading company that specializes in providing regulatory, compliance, and governance database services. The company leverages proprietary technology to assist regulatory bodies in efficiently meeting their obligations. Thentia serves a diverse range of clients across Canada and the United States, offering cutting-edge software solutions and industry-leading expertise in regulatory standards. Their product suite includes a secure, user-friendly platform for regulators and a cloud-based compliance solution designed for private businesses, boards of directors, committees, executive teams, and stakeholders. This enables both public and private entities to maintain high standards of regulatory excellence in a timely and professional manner.
LeddarTech develops advanced detection and ranging systems using infrared LEDs and algorithms. It offers off-the-shelf smart sensor modules for various applications such as traffic management, autonomous vehicles, smart homes, and agriculture. The company provides interconnected sensor solutions for infrastructure, pollution monitoring, mobility, and traffic management in cities.
Carbon Upcycling
Series A in 2023
Carbon Upcycling is a carbon technology company focused on decarbonizing hard-to-abate industries through its patented technology. This innovation allows for the permanent storage of carbon dioxide in industrial byproducts and minerals, effectively transforming them into high-performance alternative materials for cement and concrete. By doing so, Carbon Upcycling aims to significantly reduce the carbon footprint of industrial processes while diverting materials from landfills, thereby supporting a circular economy. The company has garnered international recognition for its advancements, being awarded the Carbon XPrize’s X-Factor, named NRMCA’s 2023 Innovative Company, and included in Cleantech Group’s Global Cleantech 100 and Foresight 50’s Canada’s Most Investable Cleantech Ventures.
Veerum Inc., founded in 2014, is a Calgary-based company specializing in Industrial Internet of Things (IIoT) solutions. It develops an AI-driven platform that predicts and resolves project issues throughout the lifecycle of design, fabrication, and construction. Veerum creates digital replicas of physical capital projects using sensor technology.
Kepler Communications
Series C in 2023
Kepler Communications designs, develops, and operates satellite networks for global connectivity. It specializes in Low-Earth Orbit (LEO) satellites, PolarConnect for extreme environments, Global Data Service for large data transfers, and everywhereIOT for IoT devices. Serving industries such as maritime, natural resources, research, defense, and logistics.
Puzzle Medical Devices
Series A in 2023
Puzzle Medical Devices develops innovative heart pump solutions to treat advanced heart failure. Its flagship product, ModulHeart, is a modular percutaneous device designed to reduce cardiac afterload and improve renal perfusion. The device's unique design enables safe percutaneous implantation, supporting both renal and cardiac function with low risk of complications. Puzzle Medical has successfully completed its first-in-human study, demonstrating improvements in cardiac and kidney function.
Shoelace
Seed Round in 2023
Shoelace offers a software solution that enables online merchants to easily conduct retargeting campaigns. The company helps fast growing Shopify brands boost sales by showing the right customers, the right ads at the right time with customer journey retargeting.
Shoelace was founded on 2015 and is headquartered in Toronto, Ontario.
DarwinAI Corp. is a Canadian company that specializes in artificial intelligence technology, particularly in the development of deep neural networks for enterprise applications. Founded in 2017 and based in Waterloo, the company offers GenSynth, a software platform designed for developers and data scientists to streamline the deep learning development process. GenSynth employs generative synthesis technology, allowing for the automatic creation of optimized, explainable AI models that meet specific performance criteria while ensuring transparency throughout the development stages. Additionally, DarwinAI has developed an AI-powered visual quality inspection system aimed at enhancing the PCBA manufacturing lifecycle. This system leverages specialized optics and advanced algorithms to detect defects in products, improving quality and consistency while reducing costs for manufacturers.
MineSense Technologies
Series E in 2022
MineSense Technologies develops sensor-based solutions for the mining industry. It specializes in high-frequency electromagnetic sensor (HFEMS) technology, which integrates with material handling equipment to measure and report ore grade in real-time. The company offers a suite of sensing and sorting equipment, evaluation tools, laboratory services, professional services, and field support.
Acerta Analytics
Series B in 2022
Acerta Analytics Inc. specializes in machine intelligence solutions that analyze raw machine data to facilitate informed decision-making, particularly in the automotive sector. The company's flagship product, Acerta CHECK, employs statistical methods, data mining algorithms, and machine learning techniques to identify critical issues and anomalies in machine behavior. By assisting automotive manufacturers, including original equipment manufacturers and parts suppliers, Acerta helps improve quality control, reduce defects, and accelerate the market readiness of complex products. Additionally, the company's technology is applicable in aerospace for aircraft health management. Acerta's analytics platform empowers manufacturers to detect early signs of potential product failures, enhance root cause analysis, minimize scrap and rework, and continuously refine their processes. Founded in 2014 and based in Waterloo, Canada, Acerta is committed to transforming quality control through advanced artificial intelligence.
Private AI
Series A in 2022
Private AI Inc., founded in 2017 and headquartered in Toronto, Canada, specializes in developing privacy-preserving machine learning and natural language processing tools. The company focuses on enabling organizations to securely analyze large datasets that contain sensitive information without compromising user privacy. Its technology excels in identifying, redacting, and generating synthetic personally identifiable information (PII) across more than 50 entity types and supports over 47 languages with an accuracy exceeding 99.5%. Private AI's solutions are designed to integrate seamlessly with clients' existing infrastructures, ensuring that their data remains secure and never leaves their environment. Through these innovations, Private AI aims to enhance the capabilities of developers while maintaining the highest standards of data privacy.
Founded in 2016, Symend is a global leader in digital debt recovery solutions. It empowers enterprises across financial services, telecommunications, and utilities sectors to optimize collection effectiveness through personalized engagements driven by applied behavioral science and AI.
Intelligent City
Series A in 2022
Intelligent City is a Vancouver-based housing technology company that designs and constructs urban multi-family housing using a fully integrated platform that combines design, architecture, engineering and fabrication. It employs mass timber, automated manufacturing and proprietary parametric software to enable mass customization with low unit costs, delivering affordable, durable and sustainable housing for urban environments. The platform supports energy performance optimization including passive house standards and aims to address urban affordability, sustainability and resident needs. Founded in 2008, the company focuses on scalable urban housing solutions with emphasis on longevity and environmental and social sustainability.
Potloc Inc. is a Montreal-based company that operates an online consumer insights platform, which was founded in 2014. The platform specializes in providing businesses with market insights through various survey methodologies, including web panels, phone surveys, and geo-targeted surveys utilizing social networks. This innovative approach allows Potloc to gather authentic consumer feedback and data on purchasing habits, helping companies predict customer retention and acquisition. Trusted by numerous leading brands and organizations, Potloc's platform enables retailers and businesses to effectively connect with their target audiences globally. With offices in Toronto, Paris, and Geneva, Potloc has established itself as a key player in the market research industry, delivering high-quality data insights that meet the specific needs of its clients.
Mara Renewables
Venture Round in 2022
Mara Renewables specializes in researching, developing, and commercially applying sustainable fermentation algal biotechnologies. Its focus is on producing plant-based nutritional ingredients to enhance human health and promote food security.
Vention is a cloud-based digital manufacturing platform that enables engineers and manufacturing professionals to design, order, and assemble custom factory equipment in days. It features a 3D Machine Builder with a library of modular structural, motion, and control components, including T-slot aluminum extrusion systems, and supports design, simulation, and ordering directly in a web browser. Its AI-enabled 3D constraints help optimize layouts and ensure feasible configurations, while the platform integrates design, programming, simulation, ordering, and commissioning in a single digital environment. Vention serves both experienced automation specialists and first-time designers, streamlining the creation of automated equipment for applications such as robot cells, tooling, conveyors, and other factory automation.
Talent.com
Series B in 2022
Talent.com is a platform that centralizes jobs available on companies'​ career websites, staffing agencies, or job boards. The company was founded in 2020 and is headquartered in Montreal, Quebec, Canada.
Summit Nanotech Corporation
Series A in 2022
Summit Nanotech Corporation is a Calgary-based cleantech company developing direct lithium extraction technology for lithium producers, with modular systems designed for scalable deployment and a focus on sustainable, water-efficient operations. Founded in 2018, it collaborates with mining companies and lithium asset owners in Chile and Argentina to reduce environmental impact and lower costs compared with traditional methods.
LeddarTech
Series D in 2022
LeddarTech develops advanced detection and ranging systems using infrared LEDs and algorithms. It offers off-the-shelf smart sensor modules for various applications such as traffic management, autonomous vehicles, smart homes, and agriculture. The company provides interconnected sensor solutions for infrastructure, pollution monitoring, mobility, and traffic management in cities.
MSP Corp
Venture Round in 2022
MSP Corp is an information technology services company that acquires and partners with high-performing managed service providers in Canada and the United States to supply resources, technology, and business support that enable MSPs to deliver better services. The company provides end-to-end secure managed services for on-premises and hybrid cloud environments, including cybersecurity, managed IT services, network support, helpdesk assistance, and procurement management. By integrating technology solutions and operational support, MSP Corp helps its partner MSPs scale, improve cybersecurity posture, and deliver comprehensive IT management for clients across diverse industries.
eCamion
Venture Round in 2022
eCamion Inc. is a Canadian company based in Markham, Ontario, that specializes in developing and manufacturing energy storage solutions. Founded in 2009, eCamion focuses on the integration of lithium-ion battery systems for various applications, including energy storage for solar and wind power projects, as well as off-grid and microgrid solutions. The company also offers idling technologies, auxiliary power solutions, and electric vehicle charging stations. Beyond product offerings, eCamion provides energy management consulting services, which encompass strategic, commercial, and regulatory advice, along with pre-design, design consulting, and project management for industrial, commercial, and residential sectors. Additionally, the company supports its clients with financing options, custom design, engineering services, installation, and ongoing maintenance, primarily serving customers across North America.
Livestock Water Recycling
Venture Round in 2022
Founded in 1989, Livestock Water Recycling specializes in manufacturing systems that recycle livestock waste. Its patented technology treats manure on-site, creating two distinct fertilizers and recovering clean water for precision nutrient application. Serving agricultural, industrial, municipal, and commercial environments across North America, the company aims to improve economic and environmental sustainability.
GaN Systems
Venture Round in 2021
GaN Systems develops and manufactures gallium nitride power switching transistors for various applications. Its products include 650 V E-HEMT and 100 V E-HEMT transistors, serving consumer brand and enterprise equipment manufacturers globally.
PathFactory
Private Equity Round in 2021
PathFactory is a B2B content insight and activation platform that helps marketers deliver relevant content throughout the buyer’s journey. The platform enables on-demand, binge-worthy content experiences and tracks each buyer’s consumption to provide hyper-relevant, real-time content recommendations, accelerating the buying process and improving lead quality. By analyzing how content influences the path to purchase, PathFactory delivers actionable insights and signals about content performance across channels, enabling enterprises to optimize content delivery and measure its impact on revenue. Founded in 2012 and based in Toronto, Canada, PathFactory supports marketers seeking to shorten sales cycles and increase the efficiency of content-driven demand generation.
Swift Medical
Series B in 2021
Swift Medical develops a digital platform for wound care management. Its core product, Swift, enables healthcare providers to capture, share, and track patient wound images in real-time, facilitating accurate documentation and remote care.
SkyWatch is a company that offers a digital infrastructure for the distribution of Earth observation data and derived intelligence. Founded in 2014 and headquartered in Waterloo, Ontario, it has developed a satellite data intelligence platform that aims to make satellite data accessible to a wide range of users. The platform enables developers to integrate Earth observation data into their applications and workflows efficiently, supporting various applications such as crop monitoring, market prediction, tracking of ships and airplanes, and measuring global warming. By providing tools for data analysis and access to remote sensing datasets, SkyWatch empowers users to leverage satellite data for diverse purposes.
Smart Skin Technologies
Venture Round in 2021
Smart Skin Technologies Inc. is a technology development company founded in 2009 and headquartered in Fredericton, Canada, with an additional office in Munich, Germany. The company specializes in the development and commercialization of innovative pressure-sensitive skin technology. Its flagship product, Quantifeel, is a packaging pressure monitoring system designed to measure line pressure and 3D orientation across various packaging formats, including glass, cans, and PET. Smart Skin Technologies is also focused on advancing its patent-pending pressure sensing technology for applications in industrial settings and sports, showcasing the versatility and potential of its unique touch-sensitive materials across multiple verticals.
Clir Renewables
Series B in 2021
Clir Renewables Inc. is a company that specializes in cloud-based renewable energy asset management and reporting software. Founded in 2016 and headquartered in Vancouver, Canada, with an additional office in Glasgow, United Kingdom, Clir's software-as-a-service platform is designed to assist asset managers and owners in optimizing the performance and profitability of renewable energy plants. By integrating deep domain expertise with artificial intelligence, Clir’s platform enhances annual energy production, monitors asset health, and effectively manages financial and technical risks associated with renewable energy assets.
KOHO Financial Inc. is a financial technology company founded in 2014 and headquartered in Toronto, Canada. The company offers a digital banking platform that provides low-cost banking services through a prepaid, reloadable Visa-backed debit card and a user-friendly mobile application. This platform enables customers to conduct day-to-day banking operations and includes features such as financial goal setting, cash flow projections, group spending management, and detailed spending insights. By equipping users with these tools, KOHO aims to simplify money management and enhance the overall banking experience for its customers.
Novarc Technologies
Debt Financing in 2021
Novarc Technologies Inc. is a Vancouver-based company specializing in the design and manufacture of collaborative robots for industrial applications, particularly in pipe welding. Founded in 2013, Novarc has established itself as a pioneer in this field, offering innovative solutions such as the Spool Welding Robot, which is uniquely tailored for high-mix low-volume production in pipe welding. The company also provides welding head-up display glasses and custom robotic solutions applicable in various sectors, including food and beverage, as well as pick and place and palletizing tasks. With a dedicated team of engineers and scientists, Novarc Technologies focuses on addressing complex industrial automation challenges through advanced robotics and artificial intelligence systems.
Dejero
Venture Round in 2021
Dejero, established in 2008 and headquartered in Waterloo, Ontario, Canada, specializes in delivering real-time video and networking solutions. The company aggregates diverse telecommunication networks such as cellular (4G/5G), satellite (GEO/MEO/LEO), and fixed broadband to create a resilient, cloud-managed 'network of networks'. This technology ensures reliable connectivity for critical communications, expanding coverage and bandwidth for global customers. Dejero's offerings include routers, network blending software, and connectivity services, enabling secure video exchange and data management from remote locations.
Founded in 2016, Symend is a global leader in digital debt recovery solutions. It empowers enterprises across financial services, telecommunications, and utilities sectors to optimize collection effectiveness through personalized engagements driven by applied behavioral science and AI.
Aquatic Informatics
Venture Round in 2021
Aquatic Informatics Inc. is a software solutions provider specializing in water data management and analysis for the environmental monitoring industry. Founded in 2003 and based in Vancouver, Canada, the company caters to a diverse clientele, including hydropower operators, watershed authorities, irrigation districts, mining companies, academic institutions, and various government agencies. Its product offerings include AQUARIUS Workstation, which provides data processing tools, and AQUARIUS Server, a centralized data management platform for water agencies. Additionally, Aquatic Informatics offers data acquisition systems such as EnviroSCADA for supervisory control and Sample Tracking and Receiving System for lab sample collection. The company is recognized for its innovation in environmental data management, serving clients from hydrologists to water resource managers in North America and beyond, with partnerships established with organizations like Environment Canada, the US Geological Survey, and various international agencies. As of July 2020, Aquatic Informatics operates as a subsidiary of the Danaher Water Quality Platform.
Anaergia
Venture Round in 2021
Anaergia Inc. is a Canadian company specializing in the generation of renewable energy through advanced anaerobic digestion of organic waste from municipal, agricultural, and industrial sources. It manufactures sustainable solutions that convert waste into renewable energy, fertilizers, and recycled water. The company provides a range of services, including municipal wastewater solutions, waste diversion strategies, and agri-food applications focused on nutrient management and water reuse. Anaergia operates through multiple segments, including Capital Sales, Services, and Build, Own, and Operate Projects, with the Capital Sales division being the primary revenue generator through the sale of proprietary technologies and services to municipalities, private entities, and project developers. The company serves a global market, with a presence in North America, Europe, and Asia, and its solutions are utilized in resource recovery facilities around the world.
Userful
Venture Round in 2021
Userful is a global provider of AV as a Service (AVaaS), offering a unified software platform for advanced operations in mission-critical environments. Serving IT organizations worldwide, Userful's platform enables comprehensive organizational awareness and readiness for Industry 4.0. It reduces total cost of ownership by eliminating proprietary hardware and operational silos, supporting over 100 countries with customers across various sectors.
Aifred Health
Seed Round in 2020
Aifred Health Inc. is a Montreal-based company that specializes in developing a deep-learning clinical decision support tool aimed at enhancing personalized medicine in psychiatry. Founded in 2017, Aifred Health addresses the challenges associated with the traditional trial-and-error approach to treatment selection for mental health, particularly in depression, which is a leading cause of medical impairment worldwide. The company's application software provides features such as treatment prediction, interpretability, and patient data tracking, enabling physicians to make informed decisions tailored to individual patients. By processing de-identified data, Aifred Health's AI model facilitates personalized therapeutic choices, thereby improving the likelihood of effective treatment outcomes for patients who often do not respond to initial interventions.
R-Hauz Solutions
Seed Round in 2020
R-Hauz Solutions Inc. is a Toronto-based company that specializes in offering innovative real estate products aimed at addressing housing affordability. Established in 2017, the company provides developers and property owners with unique housing solutions, including six-storey avenue townhomes and two-storey laneway suites. R-Hauz empowers urban landowners and families to meet their housing needs by leveraging the city’s development guidelines for avenues and laneways. Its V2 and V6 products facilitate the creation of additional housing units through off-site construction, allowing for elegant designs at affordable prices. This approach not only enhances the housing supply in Toronto but also offers a practical solution to the complexities of urban housing challenges.
CarbonCure
Venture Round in 2020
CarbonCure Technologies Inc. is a Canadian company that specializes in technology designed to sequester carbon dioxide (CO2) in concrete production. Founded in 2007 and headquartered in Dartmouth, Nova Scotia, the company provides a retrofit solution for existing concrete plants, allowing producers to incorporate waste CO2 from industrial emitters into their concrete products. During manufacturing, this CO2 is chemically converted into solid mineral carbonates, enhancing the strength of the concrete while reducing its carbon footprint. CarbonCure's innovative approach enables concrete manufacturers to produce green concrete without compromising quality or cost, thereby facilitating a shift towards sustainable building practices. The company also offers marketing and environmental reporting services to support its customers in the growing green building market. By licensing its technology at a low capital expenditure, CarbonCure generates a recurring revenue stream while contributing to the reduction of greenhouse gas emissions in the concrete industry.
ApplyBoard
Series C in 2020
ApplyBoard is a technology company that simplifies the study abroad search, application, and acceptance process by connecting international students, recruitment partners, and educational institutions on a single platform, streamlining the journey from discovery to enrollment. The company operates globally, with headquarters in Kitchener, Ontario, and a dedicated office in Gurugram, India, reflecting its international reach.
Klue is a B2B SaaS company that specializes in market and competitive intelligence, founded in 2015 by Jason Smith and Sarathy Naicker, and is based in Vancouver, Canada. The company offers a competitive enablement platform that assists sales and revenue teams in utilizing competitive intelligence to enhance their business outcomes. Klue's platform aggregates and organizes intelligence from various internal and external sources, providing actionable insights that help organizations navigate competitive environments effectively. By leveraging this curated intelligence, businesses can make informed decisions and improve their competitive positioning in the market.
Sol Cuisine
Private Equity Round in 2020
Sol Cuisine Inc. is a Canadian company founded in 1980 and headquartered in Mississauga, specializing in the manufacture of vegetarian and vegan meat alternatives. The company offers a diverse range of products, including frozen and fresh options that are halal, gluten-free, and organic. Its product lineup features items such as fattoush salad, various aioli dips, vegan maki, ultimate vegan poutine, and savory morning swirls. Sol Cuisine aims to provide high-quality, animal-friendly nutritional alternatives that are both delicious and health-conscious, utilizing local and environmentally sustainable ingredients in its production processes.
ZenHub is a project management software company founded in 2014 in Vancouver, British Columbia, by Matthew Butler. The software is specifically designed to assist developers in enhancing the software development lifecycle by facilitating project planning directly within GitHub. ZenHub automates workflows to eliminate redundancies, streamline processes, and reduce delays associated with hand-offs. By utilizing live data, it helps organizations identify risks and bottlenecks, while also providing a real-time roadmap for projects. This allows clients to focus more on coding and less on managing their work, ultimately improving overall productivity in software development.
Vodasafe
Seed Round in 2020
Vodasafe Inc. develops AquaEye, a handheld scanning sonar device used by emergency responders, lifeguards, and recreational users for water-based search and rescue. The device uses sonar and artificial intelligence to detect submerged persons, provides distance and direction to victims, records rescue data, and can connect via Bluetooth to other devices. The company is based in Kelowna, Canada.
CubicFarm Systems
Post in 2020
CubicFarm Systems is an ag-tech company that develops automated controlled-environment systems to grow fresh produce and nutritious livestock feed. Its patented HydroGreen Nutrition Technology enables customers worldwide to cultivate lettuce, basil, microgreens, animal feed, and other crops locally, ensuring safety, sustainability, consistency in quality, and extended shelf life.
Invixium Inc., founded in 2012 and based in Markham, Canada, is a global provider of biometric solutions designed to enhance safety, health, security, and productivity for enterprises. The company offers a range of products including Ixm Mycro for personalized home environments, Ixm Touch for employee time tracking, IXM Titan for face recognition and edge computing, IXM Merge for indoor fingerprint tracking, and Ixm Sense for industrial installations. Invixium's solutions also include touchless biometric technologies with face recognition and temperature detection for access control, workforce management, and visitor screening. The company's products are deployed across various industries such as government, banking, healthcare, and education in over 60 countries.
Cinchy Inc. is a Toronto-based company that specializes in developing a data collaboration platform utilizing data fabric technology. Founded in 2014, Cinchy's platform connects multiple data sources within a networked architecture, allowing organizations to manage and protect their data more effectively. By liberating data from application silos, Cinchy transforms it into a network of federated data products, facilitating real-time collaboration among systems and users. This approach eliminates the inefficiencies and errors associated with traditional data integration methods, such as APIs and spreadsheets, resulting in significant time and cost savings. Cinchy serves a diverse clientele, including major banks, retailers, and educational institutions, helping them accelerate transformation projects, improve data governance, and modernize legacy systems. The company's solutions also enhance compliance and streamline data workflows, ultimately fostering a more efficient and collaborative data environment.
Hopper
Venture Round in 2020
Founded in 2007, Hopper is a Montreal-based company that develops a mobile application using big data to predict and analyze airfares and accommodations. It provides travel recommendations and notifies users when prices are at their predicted lowest points.
ApplyBoard
Series C in 2020
ApplyBoard is a technology company that simplifies the study abroad search, application, and acceptance process by connecting international students, recruitment partners, and educational institutions on a single platform, streamlining the journey from discovery to enrollment. The company operates globally, with headquarters in Kitchener, Ontario, and a dedicated office in Gurugram, India, reflecting its international reach.
MineSense Technologies
Venture Round in 2020
MineSense Technologies develops sensor-based solutions for the mining industry. It specializes in high-frequency electromagnetic sensor (HFEMS) technology, which integrates with material handling equipment to measure and report ore grade in real-time. The company offers a suite of sensing and sorting equipment, evaluation tools, laboratory services, professional services, and field support.
Tehama Inc. is a technology company based in Ottawa, Canada, founded in 2018. It specializes in developing an automated, SaaS-based work environment platform that facilitates the creation of cloud-based virtual offices, rooms, and desktops. The platform is designed to operate seamlessly across any web browser and device, enabling enterprises to effectively manage remote workforces. Tehama's solution emphasizes security, agility, and compliance, providing features such as secure access, comprehensive audit trails, and real-time activity monitoring. By offering desktop-as-a-service capabilities, Tehama aims to enhance productivity and support businesses in adapting to the evolving landscape of remote work while ensuring a secure and efficient operational environment.
SkyWatch is a company that offers a digital infrastructure for the distribution of Earth observation data and derived intelligence. Founded in 2014 and headquartered in Waterloo, Ontario, it has developed a satellite data intelligence platform that aims to make satellite data accessible to a wide range of users. The platform enables developers to integrate Earth observation data into their applications and workflows efficiently, supporting various applications such as crop monitoring, market prediction, tracking of ships and airplanes, and measuring global warming. By providing tools for data analysis and access to remote sensing datasets, SkyWatch empowers users to leverage satellite data for diverse purposes.
Spartan Bioscience
Venture Round in 2020
Spartan Bioscience Inc. is a biotechnology company based in Ottawa, Canada, founded in 2005. The company specializes in designing and manufacturing rapid sample-to-result DNA testing systems. Its innovative technology integrates DNA collection, extraction, and analysis into a single, user-friendly interface, making it accessible for clinicians. One of its primary offerings is the CYP2C19 system, which assists healthcare providers in determining therapeutic strategies for specific treatments. Spartan Bioscience focuses on enhancing the efficiency and effectiveness of genetic testing in clinical settings.
Praemo
Venture Round in 2020
Praemo Inc. is a Canadian company based in Kitchener, founded in 2017, that specializes in developing detection technology for the industrial sector. Its primary product, Razor, is an analytics engine that integrates artificial intelligence and the Industrial Internet of Things (IIoT) to analyze operational data and deliver actionable insights. Praemo's technology is designed to identify abnormal equipment and process behavior, enabling organizations in manufacturing, automotive, consumer packaged food, aerospace, oil and gas, mining, and agriculture to predict and prevent disruptions in their operations. By leveraging its expertise and advanced analytics, the company helps its clients transform data into strategic recommendations, thus enhancing their operational efficiency and competitiveness in a data-driven market.
iQ Offices
Venture Round in 2019
iQ Offices provides luxury shared office space, co-working, meeting rooms, event space, and virtual office solutions across Canada.
Adaptiv Networks
Venture Round in 2019
Adaptiv Networks, Inc. specializes in cloud connectivity solutions that facilitate digital business transformation. The company provides software-defined wide-area networks (SD-WAN) which enable simultaneous voice, data, and video transmission over a unified infrastructure. Its offerings include features such as automatic site failover, multi-link aggregation, and cloud-based management, designed to ensure reliability and agility for businesses that rely on cloud services. Adaptiv Networks also offers SD-INTERNET, enhancing network productivity for various sectors including retail, manufacturing, and digital small-to-medium-sized enterprises. Established in 2002 and headquartered in Mississauga, Canada, the company collaborates with partners like Future Link Communications and Access One, Inc. to deliver managed SD-WAN services, aiming to simplify digital transformation for organizations of all sizes.
Verafin
Private Equity Round in 2019
Verafin Inc. is a company that specializes in developing cloud-based software solutions for fraud detection and anti-money laundering (AML) specifically designed for financial institutions in North America. Founded in 2003 and based in Saint John's, Canada, Verafin offers a comprehensive Software-as-a-Service platform that allows banks and credit unions to identify and manage potential money laundering and terrorist financing activities. Its suite of tools includes capabilities for scanning transactions against watch lists, analyzing customer behavior, and facilitating collaborative investigations, thereby reducing false positive alerts. The platform also provides essential features for compliance automation, risk management, and vendor management, addressing various types of fraud, including identity theft and loan fraud. With over 2,600 users, Verafin has established itself as a key player in the industry, partnering with numerous banking associations across the United States to enhance its service offerings.
TouchBistro
Series E in 2019
TouchBistro, Inc. is a company that specializes in developing iPad-based point-of-sale (POS) solutions tailored for the food and beverage industry, including restaurants, cafes, bars, and food trucks. Founded in 2010 and headquartered in New York, with an additional office in Toronto, TouchBistro provides various POS systems, such as Restaurant POS, Food Truck POS, and Bar POS, which streamline order management and payment processing. Its innovative system allows servers to take orders directly at the table, reducing the need for multiple trips to a terminal and minimizing errors. Additionally, TouchBistro offers features like TouchBistro Reservations for guest management, cloud-based reporting and analytics, and customer-facing displays, enhancing both operational efficiency and customer experience. The company's products are available through the Apple App Store in the United States and internationally.
Plum.io
Seed Round in 2019
Plum.io, Inc. is a Canadian software company that has developed a recruitment platform leveraging data-driven assessments to match job candidates with organizational needs. Established in 2012 and formerly known as Cream.HR, the company aims to enhance talent acquisition and management processes through its software as a service (SaaS) offerings. Plum's platform provides tools for workforce re-organization, planning, succession, and employee development, enabling organizations to quantify job fit and improve hiring quality. By focusing on objective data, Plum facilitates personalized career insights and helps create high-performing teams. The company has received recognition in the HR industry, including awards for its innovative technology.
BlueDot is a global health intelligence company that empowers organizations to anticipate and respond effectively to infectious disease threats. Using AI-driven analytics and human expertise, it monitors over 190 diseases worldwide, providing critical insights on outbreaks.
Art Massif
Debt Financing in 2019
Art Massif is a Canadian company based in Saint-Jean-Port-Joli, established in 2010, that specializes in the design and manufacture of glued-laminated timber structures. The company produces a variety of products, including glulam decking, frames for public and commercial buildings, and structural elements such as beams and columns. Art Massif serves a diverse range of sectors, creating custom wood structures for restaurants, offices, schools, luxury homes, and recreational facilities. Their services encompass the entire process from design to manufacturing and installation, ensuring high-quality timber solutions tailored to the needs of their clients.
Bus.com is a bus rental platform based in Montreal, Quebec, that specializes in organizing and booking group transportation online. Founded by experienced professionals in the travel industry, the company offers a user-friendly web application that simplifies the process of planning, booking, and managing bus trips for various events, including festivals and sporting events. Its platform features online rental and ticketing services, as well as GPS tracking, allowing passengers to monitor their buses' arrival times. Bus.com aims to enhance the overall experience of group travel by providing a streamlined and efficient solution for shuttle booking.
Recover
Venture Round in 2019
Recover Energy Services Inc., based in Calgary, Canada, specializes in the recycling and disposal of oil-contaminated drill cuttings generated from oil-based mud drilling operations. Founded in 2008, the company employs proprietary technology to clean and recycle these waste materials, recovering base oil and significantly reducing carbon dioxide emissions. This eco-friendly approach enables oil and gas companies to manage their waste responsibly while minimizing environmental impact.
Avidbots Corp.
Series B in 2019
Avidbots Corp., founded in 2014 and based in Ottawa, Canada, develops autonomous commercial floor cleaning robots. Its flagship product, NEO, uses laser mapping technology to efficiently clean various spaces such as airports, retail malls, hospitals, and warehouses across seven countries.
Ace services mécaniques
Convertible Note in 2019
ACE Services Mécaniques Inc. is a company based in Val d'Or, Canada, specializing in mobile mechanical services for heavy equipment. Founded in 2010 by Sébastien Bédard and Pascal Rochette, the company leverages over 20 years of combined experience in various sectors, including mining and machinery dealerships. ACE offers a range of services that include on-site mechanical repairs, hydraulic hose repair, and welding services, thereby ensuring that clients can maintain and troubleshoot their heavy equipment effectively. The company's focus is on enhancing the productivity of its clients' operations through reliable and efficient service delivery. With a vision to become Quebec’s leading general service provider for heavy equipment, ACE is steadily progressing towards this goal.
Terramera
Venture Round in 2019
Founded in 2009, Terramera develops plant-based pesticides and fertilizers. It offers products like Proof (for bed bugs and dust mites), Actigate (an organic pesticide), and Rango (a plant-based pest control). The company aims to transform agriculture by fusing artificial intelligence, science, and nature to provide sustainable alternatives to chemical pesticides and fertilizers.
Founded in 2012, Mojio is a technology company specializing in connected car services. It provides a cloud-connected device that plugs into vehicles to offer insights into driving behavior and vehicle health. Mojio's platform also includes safety features like personalized prompts and geo-location tracking for family and friends. The company serves both individual consumers and businesses, with strategic partnerships with major brands such as Amazon, Bosch, and T-Mobile.
Sheertex
Seed Round in 2019
Founded in Montreal, Canada in 2017, Sheertex specializes in the manufacture and sale of women's tights, utilizing advanced polymer fiber technology to ensure durability and comfort. The company also offers a range of products for men and women, including masks and shorts.
Founded in 2006, Effenco is an autotech company specializing in heavy-duty vehicle electrification. Headquartered in Montreal, Canada, with operations in the U.S. and Europe, it develops Active-Stop-Start electric hybrid technology for vocational trucks. This system improves energy efficiency by 30% and reduces greenhouse gas emissions when vehicles are stationary.
LeddarTech
Convertible Note in 2018
LeddarTech develops advanced detection and ranging systems using infrared LEDs and algorithms. It offers off-the-shelf smart sensor modules for various applications such as traffic management, autonomous vehicles, smart homes, and agriculture. The company provides interconnected sensor solutions for infrastructure, pollution monitoring, mobility, and traffic management in cities.
Finn AI is a developer of AI-powered conversational banking technology that enhances personal banking and finance services. Founded in 2014 and headquartered in Vancouver, British Columbia, the company creates a platform that acts as a personal banking assistant, allowing customers to manage their finances through simple, natural conversations. By leveraging bank and user data, Finn AI's chatbot delivers personalized support for common banking tasks, thereby improving customer engagement and financial literacy. The company's technology is designed to help banks and credit unions build trust with their clients, drive productivity, and streamline service processes. With public deployments in three languages, Finn AI serves a growing global customer base, including notable institutions such as ATB Financial and Commonwealth Bank.
Eigen Innovations
Venture Round in 2018
Eigen Innovations Inc. is a Canadian technology company that develops artificial intelligence–driven vision analytics and process control solutions for industrial manufacturers. Its flagship platform, Intellexon, captures video and sensor data from production lines and uses machine learning to identify defects, recommend optimal machine settings, and generate standardized digital inspection records. The company’s OneView software aggregates these records, enabling factory teams to introduce automation, analyze root causes of defects, and reduce recurrence. Eigen Innovations serves sectors such as automotive, food processing, construction materials, and mining, helping clients deploy inline inspection systems that improve quality, predict outcomes, and lower operational risk.
Cinchy Inc. is a Toronto-based company that specializes in developing a data collaboration platform utilizing data fabric technology. Founded in 2014, Cinchy's platform connects multiple data sources within a networked architecture, allowing organizations to manage and protect their data more effectively. By liberating data from application silos, Cinchy transforms it into a network of federated data products, facilitating real-time collaboration among systems and users. This approach eliminates the inefficiencies and errors associated with traditional data integration methods, such as APIs and spreadsheets, resulting in significant time and cost savings. Cinchy serves a diverse clientele, including major banks, retailers, and educational institutions, helping them accelerate transformation projects, improve data governance, and modernize legacy systems. The company's solutions also enhance compliance and streamline data workflows, ultimately fostering a more efficient and collaborative data environment.
CrowdRiff
Series A in 2018
Founded in Toronto in 2011, CrowdRiff is a visual marketing platform for travel and tourism brands. It uses artificial intelligence to help marketers discover and deliver top-performing visual content across various channels.
Founded in 2007, Hopper is a Montreal-based company that develops a mobile application using big data to predict and analyze airfares and accommodations. It provides travel recommendations and notifies users when prices are at their predicted lowest points.
NestReady
Venture Round in 2018
Founded in 2012, NestReady is a Montreal-based company that develops a real estate technology marketplace. Its platform integrates all stages of the home buying experience for mortgage lenders and homebuyers, enabling relationship building with customers, tracking client progress, increasing conversions, and reducing customer acquisition costs.
Beanworks
Series B in 2018
Beanworks Solutions Inc., established in 2008 and headquartered in Vancouver, Canada, specializes in accounts payable software solutions. Its flagship product, Beanworks, is a cloud-based automation platform that streamlines the accounts payable process. Beanworks automates invoice routing, approvals, and data entry, integrates with various accounting software, and provides real-time invoice access and control, helping businesses reduce manual effort, costs, and paper usage.
Composites Vci
Venture Round in 2018
Composites Vci is a transportation environmental consulting company located in Saint-lin-laurentides.
LoginRadius
Series A in 2018
LoginRadius Inc. is a cloud-based customer identity and access management company that provides a platform specifically designed for mid-to-large sized enterprises globally. Founded in 2011 and headquartered in Vancouver, Canada, with additional offices in India and California, LoginRadius offers a comprehensive suite of services that enhance the customer experience by centralizing customer data and enabling the creation of unified profiles. The platform features customer registration services, social login, user management, and integration with over 150 third-party marketing applications. Additionally, it includes robust security measures such as multi-factor authentication and single sign-on capabilities for both web and mobile applications. LoginRadius serves over 3,000 businesses, reaching approximately 1.17 billion consumers monthly, and is recognized as a key player in the Consumer Identity and Access Management sector by industry analysts.
Relogix
Seed Round in 2018
Relogix Inc. is a Canadian company based in Ottawa that specializes in developing sensor-based devices for monitoring and tracking unused office spaces. Founded in 2010, it offers a comprehensive system called UtiLive, which incorporates advanced space tracking sensors and an analytics engine powered by machine learning for data analysis. The company employs a sensor-as-a-service pricing model, providing clients with initial floor planning, sensor deployment, and ongoing monitoring through a cloud-based application. Relogix serves large enterprises and commercial real estate portfolios, delivering insights that enable corporate real estate professionals to make informed, data-driven decisions to optimize their real estate strategies. The company's innovative approach leverages its extensive experience in corporate real estate and analytics to enhance the workplace experience and improve the efficiency of global real estate portfolios.
Lufa Farms
Series B in 2018
Lufa Farms operates rooftop greenhouses in Montreal, Canada, growing fresh vegetables locally. It offers a variety of produce through an online marketplace, allowing customers to order customizable weekly baskets.
Focus FS
Venture Round in 2018
Focus FS provides cloud-based information management solutions for industrial worksites, serving mining, oil, transportation, utilities, and municipal services. Its software captures operational data, improves logistics, enhances personnel safety and security, and supports incident investigations, with products that enable real-time personnel location tracking, muster accounting, site reporting, and system integration. Founded in 2012 and based in St. John's, Canada.
Elastic Path
Series B in 2018
Elastic Path provides enterprise commerce software solutions that enable businesses to deliver exceptional shopping experiences. Its API-based platform offers personalized and unified buying experiences across multiple channels, integrating seamlessly with marketing clouds and experience management platforms. The company serves various industries globally, empowering commerce leaders to innovate independently while embracing composability.
TouchBistro
Series D in 2018
TouchBistro, Inc. is a company that specializes in developing iPad-based point-of-sale (POS) solutions tailored for the food and beverage industry, including restaurants, cafes, bars, and food trucks. Founded in 2010 and headquartered in New York, with an additional office in Toronto, TouchBistro provides various POS systems, such as Restaurant POS, Food Truck POS, and Bar POS, which streamline order management and payment processing. Its innovative system allows servers to take orders directly at the table, reducing the need for multiple trips to a terminal and minimizing errors. Additionally, TouchBistro offers features like TouchBistro Reservations for guest management, cloud-based reporting and analytics, and customer-facing displays, enhancing both operational efficiency and customer experience. The company's products are available through the Apple App Store in the United States and internationally.
ecobee, Inc. is a Toronto-based company founded in 2007 that specializes in manufacturing Wi-Fi enabled smart thermostats and light automation equipment for both residential and commercial applications. The company’s product lineup includes the SmartThermostat with voice control, ecobee3 lite, SmartSensor, and ecobee Switch+, all designed to enhance energy conservation and provide customizable temperature settings. These devices allow users to manage their home or office environments remotely via a mobile application compatible with various platforms, including iOS, Android, and BlackBerry. Ecobee's offerings aim to empower consumers to monitor and reduce their energy consumption while maintaining comfort in their spaces. The company sells its products primarily through online channels.
Potloc Inc. is a Montreal-based company that operates an online consumer insights platform, which was founded in 2014. The platform specializes in providing businesses with market insights through various survey methodologies, including web panels, phone surveys, and geo-targeted surveys utilizing social networks. This innovative approach allows Potloc to gather authentic consumer feedback and data on purchasing habits, helping companies predict customer retention and acquisition. Trusted by numerous leading brands and organizations, Potloc's platform enables retailers and businesses to effectively connect with their target audiences globally. With offices in Toronto, Paris, and Geneva, Potloc has established itself as a key player in the market research industry, delivering high-quality data insights that meet the specific needs of its clients.
GreenMantra Technologies
Venture Round in 2018
GreenMantra Technologies Ltd. is a Canadian company based in Brantford that specializes in the manufacturing and marketing of synthetic waxes, polymer additives, and other chemicals derived from recycled plastics. Founded in 2010, the company utilizes a proprietary thermo-catalytic system that employs catalytic depolymerization technology to convert waste plastics, including challenging materials like grocery bags and films, into high-value waxes and specialty chemicals. These products find diverse applications across various industries, including coatings, plastic processing, adhesives, roofing, and paving. By focusing on the up-cycling of hard-to-recycle plastics, GreenMantra aims to contribute to sustainable manufacturing practices and promote the use of recyclable materials in industrial processes.
Swift Medical
Series A in 2018
Swift Medical develops a digital platform for wound care management. Its core product, Swift, enables healthcare providers to capture, share, and track patient wound images in real-time, facilitating accurate documentation and remote care.
Agrisoma Biosciences
Series C in 2018
Agrisoma Biosciences Inc. is an agricultural technology company based in Gatineau, Canada, that specializes in the development and commercialization of carinata, a non-food oilseed crop designed for the production of oil for biodiesel and advanced biofuels. Founded in 2001, Agrisoma provides carinata seed products that farmers can grow, either in their crop rotation or on fallow land, to produce renewable oil. The company employs a proprietary technology known as Engineered Trait Loci (ETL), which allows for the precise introduction and management of new genes within plants, enhancing their biosynthetic activity for biofuel production. This innovative approach enables the development of new biofuel crops tailored to meet the demands of the emerging bio-energy market. Agrisoma has made significant progress in applying its technology to major oilseed and biomass crops, positioning itself as a key player in the renewable fuels sector, primarily serving customers in North America.
Equispheres
Venture Round in 2018
Equispheres is a Canadian manufacturer that produces ultra‑high‑performance spherical metal powders for additive manufacturing and metal spray coating applications, with a primary focus on aerospace. Its patent‑pending atomization technology creates free‑flowing, monograin, agglomerate‑free powders that exhibit a narrow particle‑size distribution, excellent sphericity, and consistent microstructure without the need for sieving or classification. These properties enable superior control and performance efficiencies in end‑use parts. The company also offers application‑engineering services to help industries adopt metal additive manufacturing processes, supporting economic mass production of additively manufactured components. Founded in 2015 and headquartered in Ottawa, Equispheres supplies powders such as aluminum designed for volume additive manufacturing.
GSM Project
Venture Round in 2018
GSM Project Inc. is a design and production firm specializing in exhibitions for museums and observation decks. Founded in 1958 and headquartered in Montreal, Canada, with additional offices in Singapore and Dubai, the company provides a comprehensive range of services that include strategy and planning, research, content creation, design, technical development, project management, and operational support. With an internal multidisciplinary team, GSM Project collaborates with various partners from industries such as branding, science centers, and real estate development to meet the evolving demands of exhibition design. Their focus is on creating immersive and educational visitor experiences, allowing clients worldwide to effectively engage their audiences.
StemCell Technologies
Venture Round in 2018
STEMCELL Technologies Inc., established in 1993 by hematologist Allen Eaves, is a leading biotechnology company specializing in the development of high-quality cell culture media, cell isolation systems, and related products for life science research. With over 2000 products, STEMCELL supports scientific research worldwide, focusing on stem cells, immunology, cancer, regenerative medicine, and cellular therapy. Headquartered in Vancouver, Canada, with operations in 12 countries, the company employs over 800 people, predominantly holding advanced degrees in science or engineering. All profits are reinvested into product development to better serve the international research community.
CanvasPop
Series A in 2018
CanvasPop LLC is a company specializing in personalized photo art and gifting products, founded in 2009 and headquartered in Las Vegas, Nevada. It offers a variety of online photo printing services, including canvas prints, framed prints, triptychs, photo collages, magnets, and decorative pillows. CanvasPop focuses on delivering high-quality products while ensuring exceptional customer support. The company has established a significant presence with over 450,000 satisfied customers and operates printing and distribution facilities in both the United States and Canada, extending its shipping services across the European Union. By enabling customers to transform personal photos into custom art, CanvasPop provides a means to preserve cherished memories in innovative and creative ways.
Nobal Technologies
Seed Round in 2018
Founded in 2008, Nobal Technologies specializes in developing hardware display screens for various industries. Its flagship product, iMirror, is a customizable user experience and interface solution designed to enhance customer engagement across multiple sectors.
Altitude-Sports.com
Venture Round in 2018
Altitude-sports.com is a Canadian retailer specializing in outdoor apparel and footwear for men, women, and youth, along with a diverse range of gear including bags, ski equipment, sleeping mattresses, snowshoes, tents, and electronics. Founded in 1984 and headquartered in Mont-Tremblant, the company is recognized as the first online outdoor retailer in Canada. By offering a wide selection of niche products, Altitude-sports.com caters to customers seeking hard-to-find items often absent from traditional retail stores. The company has gained a reputation for providing large sizes, specialized mountaineering gear, and unique color options, thereby establishing itself as a go-to source for outdoor enthusiasts around the world.