Build Ventures

Build Ventures is a venture capital firm based in Halifax, Canada, founded in May 2013. The firm specializes in early-stage investments in technology companies primarily located in Atlantic Canada, focusing on sectors such as information technology, clean technology, and life sciences. Build Ventures typically invests between CAD 1 million and CAD 5 million, with initial contributions ranging from CAD 0.5 million to CAD 2 million, preferring to engage with companies after their seed round. The firm is dedicated to supporting founders in building impactful businesses and leverages its team’s extensive operational and investment experience to guide startups through their growth journey.

Patrick Keefe

Partner and Founder

38 past transactions

PayTic

Seed Round in 2025
PayTic specializes in providing back-office solutions for payment issuers, enabling them to effectively manage their card programs. The company offers a SaaS platform that automates and centralizes program management processes, addressing various operational aspects such as customer support, chargebacks, fraud prevention, anti-money laundering compliance, reporting, and reconciliation. By streamlining these functions, PayTic enhances the efficiency and effectiveness of banks, credit unions, and fintech companies in handling their payment operations. The proprietary solutions significantly reduce operational costs and improve proactivity, thereby mitigating risks and delivering substantial value to its clients. PayTic's approach aims to transform payment management by introducing the Zero Ops model, which minimizes manual processes and provides a competitive edge in the industry.

Tenera Care

Venture Round in 2025
Tenera is a technology company that specializes in real-time monitoring and analytics for senior care. Its platform combines hardware and software to enhance the quality of life for seniors, care staff, and families. Tenera's solution includes a wristband and a connected application that records health data and tracks the movements of seniors in residential care facilities. This system not only allows family members to access wellness reports but also helps detect hazardous situations, thereby improving safety and minimizing response times in emergencies. By providing insights into the behavioral symptoms of physical and mental deterioration, Tenera aims to create a safer environment for residents and streamline care management.

Musical AI

Seed Round in 2025
Musical AI operates as a platform that facilitates the relationship between musicians, songwriters, and rights holders and artificial intelligence companies. By allowing rights holders to license their music catalogs for AI training, the platform ensures clear usage terms and provides a secure infrastructure for fair compensation through patent-pending attribution. This arrangement benefits AI companies by offering a compliant and efficient means to access high-quality music for training and developing AI models. Additionally, the platform supports the creative process by enabling users to train custom AI models with their music, MIDI files, and loops, thereby fostering innovation in music production and helping industry professionals maintain a competitive edge in a rapidly changing digital environment.

Potential Motors

Seed Round in 2024
Potential Motors Inc. is a Canadian company established in 2018, focused on developing innovative software solutions that enhance the safety and performance of automobiles through artificial intelligence and computer vision. Their flagship product, RallyAI, is a platform designed to provide vehicle control by analyzing real-time data from various cameras to assess both off-road and on-road terrain. This analysis enables vehicles to adjust traction and suspension settings dynamically, thereby improving performance and efficiency. Potential Motors collaborates with original equipment manufacturers (OEMs) across diverse sectors, including motorcycles, powersports, defense, and automotive, to trial and implement their advanced technology.

TrojAI

Seed Round in 2024
TrojAI offers an advanced AI security platform specifically designed to protect artificial intelligence and machine learning applications and their underlying infrastructure. The platform includes features such as a firewall to defend against real-time threats, penetration test models, and remediation guidance to reduce risks before deployment. Developed by a team of data scientists and cybersecurity professionals, TrojAI enables enterprises to enhance the security of their AI systems through services like data transformation and model monitoring. These capabilities help defend against adversarial attacks while also improving model accuracy and performance. TrojAI's comprehensive approach includes a forensically tracked archival repository system, ensuring robust protection against data poisoning and model evasion attacks, making it suitable for large-scale enterprise needs.

Bright Breaks

Venture Round in 2023
Bright Breaks offers a workplace wellness solution to boost employee wellness, connection, and productivity with 7-minute live micro-breaks. Bright Breaks' wellness platform is designed to provide users with maximum benefits while requiring the least amount of effort. It only takes a few minutes per day to reduce stress and improve well-being.

3D BioFibR

Seed Round in 2023
3D BioFibR Inc. is a biomaterial manufacturing company based in Halifax, Canada, founded in July 2020. The company specializes in producing high-value biofibers such as spider silk, collagen, and chitosan, which have diverse applications in biomedical engineering, green textiles, defense, and aerospace. Utilizing innovative dry-spinning and wet-spinning processes, 3D BioFibR creates fibers that replicate the biomechanical and biochemical properties of natural materials. Notably, its collagen fibers, branded as CollaFibR™, are reported to be stronger than natural tendons, while its spider silk is claimed to be tougher than steel and significantly more flexible. The company aims to address critical engineering challenges by providing commercially viable products for 3D bioprinting, cell culture, and tissue engineering. Through its pioneering research and proprietary production methods, 3D BioFibR seeks to become a leader in the sustainable manufacturing of advanced biofibers.

Trophi.ai

Seed Round in 2023
trophi.ai is an e-sports coaching company and provides coaching regardless of their location or income, leveling the playing field.

Arcturus

Series A in 2022
Arcturus is a software company that specializes in the post-production and streaming of volumetric videos. The company's platform, Holosuite, enables creatives to finesse and amplify volumetric captures to fit artistic and production goals. HoloSuite is designed to author, edit, and stream volumetrically captured performers so that producers can create immersive virtual and augmented reality experiences using live-action performances.

ProcedureFlow

Venture Round in 2022
ProcedureFlow is a subscription based SaaS software that provides employees with a visual map of complex operating procedures and information. It presents easy to follow step-by- step instructions structured into small, hyperlinked flowcharts. ProcedureFlow makes your employees experts faster by combining information with the knowledge and experience of your most senior resources, ensuring your employees have access to the information they need exactly when they need it.

PayTic

Seed Round in 2022
PayTic specializes in providing back-office solutions for payment issuers, enabling them to effectively manage their card programs. The company offers a SaaS platform that automates and centralizes program management processes, addressing various operational aspects such as customer support, chargebacks, fraud prevention, anti-money laundering compliance, reporting, and reconciliation. By streamlining these functions, PayTic enhances the efficiency and effectiveness of banks, credit unions, and fintech companies in handling their payment operations. The proprietary solutions significantly reduce operational costs and improve proactivity, thereby mitigating risks and delivering substantial value to its clients. PayTic's approach aims to transform payment management by introducing the Zero Ops model, which minimizes manual processes and provides a competitive edge in the industry.

Curv Health

Seed Round in 2022
Curv Health is a multidisciplinary virtual clinic founded in 2017, with offices in Toronto and Halifax. It provides a health technology platform that enables healthcare providers to establish and manage their own digital practices. The platform facilitates a digital care network where patients can schedule both virtual and in-person appointments with a variety of allied healthcare professionals, including physiotherapists, dietitians, psychotherapists, and counselors. By focusing on mental performance coaching, Curv Health aims to enhance the accessibility of mental health services, particularly for young athletes, helping them address the mental challenges associated with sports and ultimately increasing the number of meaningful years lived globally.

Potential Motors

Seed Round in 2022
Potential Motors Inc. is a Canadian company established in 2018, focused on developing innovative software solutions that enhance the safety and performance of automobiles through artificial intelligence and computer vision. Their flagship product, RallyAI, is a platform designed to provide vehicle control by analyzing real-time data from various cameras to assess both off-road and on-road terrain. This analysis enables vehicles to adjust traction and suspension settings dynamically, thereby improving performance and efficiency. Potential Motors collaborates with original equipment manufacturers (OEMs) across diverse sectors, including motorcycles, powersports, defense, and automotive, to trial and implement their advanced technology.

Carbide

Seed Round in 2021
Carbide, formerly known as Securicy, makes enterprise-class security and privacy accessible to fast-growing companies. Unlike “checkbox-style” compliance solutions, our information security/privacy management platform enables customers to create, promote, and prove their commitment to security no matter which security framework or privacy regulation they wish to comply with.

Arcturus

Seed Round in 2021
Arcturus is a software company that specializes in the post-production and streaming of volumetric videos. The company's platform, Holosuite, enables creatives to finesse and amplify volumetric captures to fit artistic and production goals. HoloSuite is designed to author, edit, and stream volumetrically captured performers so that producers can create immersive virtual and augmented reality experiences using live-action performances.

Potential Motors

Seed Round in 2020
Potential Motors Inc. is a Canadian company established in 2018, focused on developing innovative software solutions that enhance the safety and performance of automobiles through artificial intelligence and computer vision. Their flagship product, RallyAI, is a platform designed to provide vehicle control by analyzing real-time data from various cameras to assess both off-road and on-road terrain. This analysis enables vehicles to adjust traction and suspension settings dynamically, thereby improving performance and efficiency. Potential Motors collaborates with original equipment manufacturers (OEMs) across diverse sectors, including motorcycles, powersports, defense, and automotive, to trial and implement their advanced technology.

ProcedureFlow

Venture Round in 2019
ProcedureFlow is a subscription based SaaS software that provides employees with a visual map of complex operating procedures and information. It presents easy to follow step-by- step instructions structured into small, hyperlinked flowcharts. ProcedureFlow makes your employees experts faster by combining information with the knowledge and experience of your most senior resources, ensuring your employees have access to the information they need exactly when they need it.

Resson

Series C in 2018
Resson Aerospace is a bioinformatics and data analytics company, delivering customized agriculture solutions for large corporate clients. Utilizing recent advances in large-scale cloud-based data processing, swarm robotics, and advanced data analytics, its proprietary Resson Agricultural Management and Analytics System gives the agricultural operator analytical insight and dynamic control over the farm area. Resson Aerospace’s Resson Agricultural Management and Analytics System, data-driven agriculture solution, analyzes crop metrics to assess crop status and health, providing operators with the information required to optimize agricultural operations, improve efficiency, boost yields, and maximize profitability. It is headquartered in Fredericton, N.B.

Affinio

Series B in 2017
Affinio Inc is a marketing intelligence platform based in Halifax, Canada, that utilizes the interest graph to gain insights into consumer behavior. The company provides a Data Science as a Service platform designed to analyze and visualize extensive consumer datasets, allowing users to discover audience segments and understand cultural influences. Affinio's technology employs machine learning and a graph engine to identify natural interest clusters within audiences, revealing insights about consumer affinities, behaviors, and preferences. This information aids brands, agencies, media companies, and publishers in developing effective marketing strategies. Their platform supports various areas, including audience analysis, influencer identification, content strategy, and competitive research. Since its incorporation in 2011 and subsequent rebranding in 2013, Affinio has established itself as a powerful tool for both startups and Fortune 500 companies seeking to engage with the silent majority of social media users who do not actively participate in conversations but are still connected through shared interests.

Radient360

Seed Round in 2017
Radient360 Solutions Inc. is a technology company based in Saint John's, Canada, focused on the energy sector. Founded in 2012, it specializes in providing a range of operational solutions that include in-field inspection, maintenance and auditing services, process safety, knowledge management, and logistics. The company has developed a workflow management platform that enhances real-time execution in the field and offers real-time metrics for office operations. By delivering data accuracy and asset visibility, Radient360 enables clients to achieve effective reactive and predictive management of their critical infrastructure.

Muse

Series B in 2017
Muse has developed brainwave-controlled computing technology and applications that converts brainwaves into digital signals. They have created a hardware and software platform technology that converts brainwaves into digital signals that are fed into a computer. InteraXon then provides consumers with applications that use these brainwaves to perform activities such as meditation, gaming, ADHD assistance, and many others to come. The company was founded in 2007 and is headquartered in Toronto, Ontario.

Manifold.co

Series A in 2017
Manifold allows you to discover, buy, and manage the best developer services for your application, regardless of cloud. Manifold is on a mission to reduce the complexity of building and deploying applications with micro-services and third-party infrastructure services.

The Money Finder

Seed Round in 2017
The Money Finder specializes in cash flow planning training programs but we don’t just want the advisors who choose us to memorize something, we want them to use it. We don’t just want them to pass the test, we want them to share the wealth. And we want them to know how to market their new skills.

Dash Social

Seed Round in 2017
Social media management software.

Resson

Series B in 2016
Resson Aerospace is a bioinformatics and data analytics company, delivering customized agriculture solutions for large corporate clients. Utilizing recent advances in large-scale cloud-based data processing, swarm robotics, and advanced data analytics, its proprietary Resson Agricultural Management and Analytics System gives the agricultural operator analytical insight and dynamic control over the farm area. Resson Aerospace’s Resson Agricultural Management and Analytics System, data-driven agriculture solution, analyzes crop metrics to assess crop status and health, providing operators with the information required to optimize agricultural operations, improve efficiency, boost yields, and maximize profitability. It is headquartered in Fredericton, N.B.

Fiddlehead

Seed Round in 2016
Fiddlehead Technology is taking the art and science of predictive forecasting to a new level. Founded by two highly respected veterans of Canada’s Information Technology sector, David Baxter and Shawn Carver, Fiddlehead works with prescriptive analytics to find elegant solutions to some of the food and beverage manufacturing industry’s most complex problems. The result is more accurate demand forecasts, allowing companies to lower inventory, achieve higher levels of service, and improve their margins in an increasingly complex global market.

Spring Loaded

Venture Round in 2016
Spring Loaded Technology Inc. designs and manufactures innovative bionic knee braces aimed at enhancing mobility and reducing pain for various users. The company's flagship product, the Levitation knee brace, is the first compact device of its kind that improves leg muscle power output, making it beneficial for athletes and individuals with knee injuries or mobility impairments. The product line includes specialized models such as the UpShot tactical knee brace, designed to prevent injuries during intense activities, and the Levitation Ski knee brace, which helps reduce muscle fatigue and joint pain for skiers. These braces cater to a wide range of activities, including weight lifting, running, cycling, and various skilled trades, supporting those with conditions like osteoarthritis and knee injuries. Established in 2012 in Dartmouth, Canada, Spring Loaded sells its products online, focusing on enhancing performance and restoring mobility for its users.

icejam

Seed Round in 2016
Icejam is a Canadian developer of free-to-play mobile games, founded by former EA Mobile leader Stuart Duncan and located in Charlottetown, PEI. The company operates from a state-of-the-art studio that fosters creativity in a historic setting near the ocean. Icejam's management team has a strong background in mobile gaming, having previously delivered popular titles such as NHL PowerShot Hockey and The Simpsons: Tapped Out. The company is focused on integrating real-time data from the surrounding environment into its games, utilizing a gameplay engine that processes various contextual elements like location, time, sound, and weather. This innovative approach allows players to experience a connected reality while engaging with the games. With financial backing from private investors and institutions such as Build Ventures and Innovation PEI, Icejam is poised to make a significant impact in the free-to-play mobile gaming market.

Affinio

Series A in 2015
Affinio Inc is a marketing intelligence platform based in Halifax, Canada, that utilizes the interest graph to gain insights into consumer behavior. The company provides a Data Science as a Service platform designed to analyze and visualize extensive consumer datasets, allowing users to discover audience segments and understand cultural influences. Affinio's technology employs machine learning and a graph engine to identify natural interest clusters within audiences, revealing insights about consumer affinities, behaviors, and preferences. This information aids brands, agencies, media companies, and publishers in developing effective marketing strategies. Their platform supports various areas, including audience analysis, influencer identification, content strategy, and competitive research. Since its incorporation in 2011 and subsequent rebranding in 2013, Affinio has established itself as a powerful tool for both startups and Fortune 500 companies seeking to engage with the silent majority of social media users who do not actively participate in conversations but are still connected through shared interests.

AirVM

Series A in 2015
The AirVM solution addresses the global ICT need to better manage and monetize cloud services across different hybrid cloud technologies. The AirVM platform focuses on business management, allowing enterprises and managed service providers to leverage multiple private and public cloud technologies.

Introhive

Series B in 2015
Introhive offers a SaaS platform that helps organizations increase revenues and improve customer experience management. Its platform brings relationship intelligence into CRM with data automation and sales acceleration. The company also provides an enterprise relationship management (ERM) solution that helps get relationship insights and boost productivity. It was founded in 2012 by Jody Glidden and Stewart Walchli and is based in Fredericton, New Brunswick.

Celtx

Venture Round in 2015
Celtx is the world's first all-in-one media pre-production system. It replaces 'paper & binder' pre-production with a digital approach that's more complete, simpler to work with, and easier to share.

Resson

Series A in 2014
Resson Aerospace is a bioinformatics and data analytics company, delivering customized agriculture solutions for large corporate clients. Utilizing recent advances in large-scale cloud-based data processing, swarm robotics, and advanced data analytics, its proprietary Resson Agricultural Management and Analytics System gives the agricultural operator analytical insight and dynamic control over the farm area. Resson Aerospace’s Resson Agricultural Management and Analytics System, data-driven agriculture solution, analyzes crop metrics to assess crop status and health, providing operators with the information required to optimize agricultural operations, improve efficiency, boost yields, and maximize profitability. It is headquartered in Fredericton, N.B.

Smart Skin Technologies

Series A in 2014
Smart Skin Technologies Inc. is a technology development company based in Fredericton, Canada, with an additional office in Munich, Germany. Founded in 2009, the company specializes in the development and commercialization of a pressure-sensitive skin technology that has diverse applications. Its flagship product, Quantifeel, is a packaging pressure monitoring system designed to measure line pressure and 3D orientation in various types of packaging, including glass, cans, and PET. In addition to its existing products, Smart Skin Technologies is actively developing patent-pending pressure sensing technology for industrial applications and sports, aiming to expand its footprint across multiple verticals.

Affinion Group

Venture Round in 2013
Affinion Group is a global leader in designing, marketing, and servicing customer engagement and loyalty solutions. The company operates through three main segments: Global Loyalty, Global Customer Engagement, and Legacy Membership and Package. It develops programs that motivate and inspire consumer loyalty, utilizing technology platforms and customer service capabilities to administer loyalty and insurance programs. Affinion offers a range of services, including points-based loyalty solutions, identity theft protection, credit monitoring, and various lifestyle services. These offerings cater to financial institutions, telecommunications, retail, and travel sectors, helping clients enhance customer relationships and drive incremental revenue. Founded in 1973 and headquartered in Stamford, Connecticut, Affinion Group employs approximately 3,900 individuals across the United States and 12 other countries, marketing its services in 16 countries worldwide. The company is recognized for its commitment to information security, holding ISO 27001 certification and maintaining compliance with PCI standards.

Tactics Cloud

Seed Round in 2013
Tactics Cloud provides sales and marketing insights using billions of strands of publicly available social and business data to help identify individuals and groups with common skills, interests, and relationships. Unlike social media monitoring solutions, Tactics Cloud focuses on social network connections to provide unique insights

Introhive

Series B in 2013
Introhive offers a SaaS platform that helps organizations increase revenues and improve customer experience management. Its platform brings relationship intelligence into CRM with data automation and sales acceleration. The company also provides an enterprise relationship management (ERM) solution that helps get relationship insights and boost productivity. It was founded in 2012 by Jody Glidden and Stewart Walchli and is based in Fredericton, New Brunswick.
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