Capital Angel Network

Established in 2009, Capital Angel Network is a group of angel investors based in Ottawa, Canada. They actively support local entrepreneurship by connecting qualified investors with promising startup opportunities within the National Capital Region.

Laurie Davis

Founder and Board Member

Past deals in Canada

Raven Telemetry

Series A in 2023
Raven Telemetry Inc. is a Canadian company founded in 2013, specializing in artificial intelligence-powered manufacturing management software solutions. Based in Ottawa, the company has developed the Augmented Industrial Management platform, which enhances manufacturing production capabilities through data science and human feedback. Its key tools include Raven Sense, which integrates with existing systems to collect performance data; Raven Brain, which analyzes manufacturing processes using AI; and Raven Flight, which offers real-time alerts and visualizations. Raven Telemetry caters primarily to the manufacturing sector, providing real-time recommendations and insights that improve profitability without increasing the workforce or machinery.

CarbonGraph

Pre Seed Round in 2022
CarbonGraph is a Toronto-based company that develops a platform enabling businesses to measure, share, and validate their carbon footprints in a standardized format. Its solution calculates emissions through fuel consumption, facilitating companies to communicate sustainability advantages and strive towards carbon neutrality.

Spiderwort

Series A in 2022
Spiderwort is an innovative company based in Ottawa, Ontario, founded in 2015, focused on developing biomaterials for regenerative medicine. The company specializes in creating cellulose-based biomaterials that serve as living scaffolds, which can be utilized for various medical applications, including spinal cord injury repair and soft tissue regeneration. Spiderwort's products encompass a range of biological and synthetic polymers available in multiple forms, such as powders, gels, membranes, and pastes. Currently in the pre-clinical stage, their novel biomaterials have shown promising results in terms of biocompatibility and the ability to induce angiogenesis, which is the generation of blood vessels within the scaffold. This approach aims to advance the repair and regeneration of tissues within the human body, providing new solutions for challenging medical conditions.

Plum.io

Seed Round in 2021
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.

Realize Medical

Seed Round in 2021
Realize Medical is a Canadian company specializing in medical virtual reality technology. It develops software for creating three-dimensional anatomical models, enhancing surgical planning and communication among healthcare professionals.

C2RO

Venture Round in 2020
Founded in 2016, C2RO is a Montreal-based company specializing in AI-powered video analytics for physical spaces. It offers ENTERA™, a GDPR-compliant platform that provides comprehensive insights into shopper journeys and behaviors using proprietary edge-cloud AI technology, enhancing customer experience and safety while preserving privacy.

Growcer

Funding Round in 2020
Growcer Inc. is a manufacturer based in Ottawa, Canada, specializing in modular hydroponic growing systems designed to enable the cultivation of vegetables year-round, regardless of climate. Founded in 2016, the company provides solutions tailored for a variety of users, including entrepreneurs, communities, non-profits, remote camps, and institutions. By offering plug-and-play hydroponic farms, Growcer facilitates the local production and sale of fresh crops, emphasizing profitability and sustainability. The company also supports its clients with training and resources to ensure successful agricultural practices.

MASV

Series A in 2020
MASV Inc. is a cloud software company based in Ottawa, Canada, that specializes in the rapid and secure transfer of large media files globally. Founded in 2019, MASV provides a solution that enables media organizations to deliver substantial files without restrictions, allowing them to focus on their production schedules. The platform is designed to accommodate the unique needs of media workflows, supporting transfers of up to 15 TB per file without the need for compression or splitting. It leverages a private network of AWS servers to enhance speed and efficiency, and all transfers are meticulously logged and tracked. MASV also offers tools such as file collection portals, automation features, and integrations with third-party storage, streamlining the file delivery process. The company is committed to data security, holding certifications such as ISO 27001 and SOC 2 compliance, and is TPN verified. With a desktop application that includes advanced functionalities like channel bonding and the ability to support high-speed networks, MASV has established itself as a trusted partner for media professionals working remotely or under tight deadlines.

Spiderwort

Seed Round in 2020
Spiderwort is an innovative company based in Ottawa, Ontario, founded in 2015, focused on developing biomaterials for regenerative medicine. The company specializes in creating cellulose-based biomaterials that serve as living scaffolds, which can be utilized for various medical applications, including spinal cord injury repair and soft tissue regeneration. Spiderwort's products encompass a range of biological and synthetic polymers available in multiple forms, such as powders, gels, membranes, and pastes. Currently in the pre-clinical stage, their novel biomaterials have shown promising results in terms of biocompatibility and the ability to induce angiogenesis, which is the generation of blood vessels within the scaffold. This approach aims to advance the repair and regeneration of tissues within the human body, providing new solutions for challenging medical conditions.

Uppercase

Venture Round in 2020
Uppercase is a retail solutions company founded in 2016 and based in New York, New York. It specializes in helping brands establish and enhance their retail presence through a comprehensive suite of services. Uppercase provides a marketplace for short-term retail space and offers tech-enabled stores, allowing brands to launch, measure, and improve their operations in key markets such as New York City, Los Angeles, Toronto, and Vancouver. The company integrates various aspects of the retail process, including real estate, store build-outs, analytics, and staffing, to create a seamless experience for brands. By leveraging data-driven insights, Uppercase enables businesses to efficiently navigate their retail journey and achieve success in a competitive landscape.

CYBERNETIQ

Seed Round in 2019
CYBERNETIQ, INC. is a cybersecurity software company based in Ottawa, Canada, founded in 2009. The company has developed the Control Layer Assessment Workstation (CLAW), an attack surface analysis platform designed to enhance visibility and security across networks. CLAW enables users to identify and quantify vulnerabilities within their systems, monitor and detect security events, and respond effectively to incidents. The platform also aids in searching for and isolating advanced threats, providing a comprehensive toolset for security operators. By integrating various cybersecurity applications and tools, CLAW helps organizations build and maintain a robust security posture in an increasingly complex threat landscape.

Swidget

Seed Round in 2019
Swidget is a modular smart home hardware company that offers a smart outlet plus swappable sensor inserts to control and monitor home electronics. The system supports sensing room temperature, monitoring air quality and power usage, and extending wireless coverage, all accessible through a single smartphone application. Founded in 2017 and based in Kingston, Ontario, Canada, Swidget enables homeowners to convert houses into smart homes without extensive rewiring or costly renovations.

Daisy Intelligence

Seed Round in 2018
Daisy Intelligence is a Canadian AI software company based in Vaughan, founded in 2003. It provides explainable Decisions-as-a-Service for retail merchandise planning and insurance risk management. The company's autonomous AI system analyzes transactional and operational data to offer automated decision recommendations without requiring code, infrastructure, or data scientists. In retail, Daisy Intelligence offers promotional item selection, dynamic price optimization, demand forecasting, inventory allocation, and assortment planning. For insurance clients, it provides fraud detection, claims automation, and minimizes human intervention in claims processing. The company's solutions aim to deliver verifiable financial results with a significant return on investment.

Cliniconex

Convertible Note in 2018
Cliniconex Inc. is a Canadian company based in Ottawa, established in 2009, that specializes in enhancing communication workflows for family and specialty clinics. The company offers a range of solutions, including appointment reminders via voice, email, and text, along with customizable templates and patient education tools. Cliniconex's platform focuses on automating outreach processes such as booking notifications, reminders, cancellations, and surveys, thereby improving patient engagement and streamlining the management of pre- and post-visit communications. The company's approach emphasizes personalized and manageable interactions, allowing healthcare providers to deliver tailored patient care and enhance health education effectively.

Klashwerks

Seed Round in 2018
Klashwerks Inc., operating under the brand name Raven, is a Canadian company based in Ottawa that specializes in manufacturing advanced automotive security systems. Founded in 2015, Klashwerks develops the Raven technology, an always-on camera system designed to connect drivers with their vehicles. This innovative system enables users to monitor road conditions, enhance vehicle security, and track the locations of other individuals through the integration of cameras, navigation tools, diagnostics, and a mobile application. The company's team comprises experts in various fields, including system architecture, firmware, hardware design, software development, and logistics, all dedicated to advancing disruptive technology in the automotive sector.

MindBridge Analytics

Series A in 2018
MindBridge is a Canadian FinTech company utilizing machine learning and AI to detect anomalies in financial activities. Its platform, MindBridge AI Auditor, helps organizations across industries minimize financial loss by identifying unintentional errors and intentional misstatements.

RVezy

Angel Round in 2018
RVezy is a peer-to-peer RV rental marketplace that connects RV owners with travelers seeking affordable and convenient travel experiences. Founded in 2016 and headquartered in Ottawa, Ontario, it operates as one of the largest RV rental platforms in Canada and the United States. The platform enables owners to list their RVs, manage bookings, and earn income through secure, user-friendly tools, while travelers can discover and rent a wide range of RVs for their trips. RVezy provides insurance coverage, roadside assistance, and customer support in English and French, helping to simplify the rental process. By offering competitive pricing and a streamlined experience, it aims to make RV travel accessible and enjoyable for a broad audience.

reDock

Non Equity Assistance in 2017
reDock Inc., established in 2016 and headquartered in Ottawa, Canada, specializes in AI-driven software that streamlines and accelerates the process of responding to complex Request for Proposals (RFPs). Its platform automates document management, requirement matching, and compliance checks, enabling IT consulting, IT staffing, and management consulting firms in North America to create compelling proposals up to ten times faster.

Cliniconex

Convertible Note in 2017
Cliniconex Inc. is a Canadian company based in Ottawa, established in 2009, that specializes in enhancing communication workflows for family and specialty clinics. The company offers a range of solutions, including appointment reminders via voice, email, and text, along with customizable templates and patient education tools. Cliniconex's platform focuses on automating outreach processes such as booking notifications, reminders, cancellations, and surveys, thereby improving patient engagement and streamlining the management of pre- and post-visit communications. The company's approach emphasizes personalized and manageable interactions, allowing healthcare providers to deliver tailored patient care and enhance health education effectively.

Relogix

Seed Round in 2017
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.

Aetonix

Seed Round in 2017
Aetonix Systems Inc. is a Canadian company based in Ottawa that specializes in mobile health solutions aimed at improving chronic care management and supporting patients with pre/post-operative needs. Its primary offering, aTouchAway, is a secure and user-friendly digital platform that facilitates communication among healthcare professionals, patients, and family caregivers. The platform enables remote management of care through features such as virtual visits, appointment scheduling, and reminders, as well as the monitoring of vital health indicators including oxygen saturation, heart rate, blood pressure, and more. Additionally, aTouchAway includes tools for messaging, custom assessment surveys, and alerts, ensuring that care teams and families remain connected and informed. Aetonix is dedicated to simplifying the complexities of home healthcare while adhering to privacy regulations.

Member365

Seed Round in 2017
Member365 Inc. is an Ottawa-based company that specializes in providing an online membership management software platform tailored for member-based organizations. Established in 2016, it offers a comprehensive suite of features, including committee management, contact records, continuing education, email marketing, event management, financial management, and fundraising. The platform is designed to automate everyday data-driven tasks, thereby enhancing member engagement and facilitating membership growth. As a subsidiary of Pixelera Inc., Member365 leverages the technological expertise of its parent company, which is recognized for its work in eLearning, database development, interactive media, and web design.

RareLogic

Seed Round in 2017
RareLogic Inc. is a company that specializes in providing automated predictive email marketing solutions for online retailers. Established in 2009 and based in Ottawa, Canada, RareLogic's platform utilizes customer data to enhance marketing efforts, leading to increased email click-through rates and fostering repeat business. The service includes features such as predictive email recommendations, automated event-based mail outs, customer list building, and comprehensive analytics and reporting tools. Additionally, it offers an intuitive drag-and-drop email designer, customizable themes, and customer support, all designed to facilitate effective e-commerce marketing campaigns. By automating email communications and optimizing delivery times according to customer activity, RareLogic aims to help businesses enhance customer engagement and drive sales.

Motorleaf

Seed Round in 2017
Motorleaf is an agriculture technology company based in Sutton, Canada, specializing in artificial intelligence solutions for greenhouse production. Founded in 2015, the company provides a range of hardware and software tools designed to enhance the efficiency of growers. Its Motorleaf hardware serves as a plug-and-play solution that allows users to control, monitor, and automate various aspects of their operations. Complementing this hardware is the Motorleaf Operating System, which offers accessible data management through wireless-enabled devices such as desktops, laptops, tablets, and smartphones. By leveraging machine learning and data-driven algorithms, Motorleaf delivers insights that help farmers optimize plant health and improve yield while reducing operational costs. The company's technology significantly enhances harvest forecasting accuracy, achieving reductions in error rates by up to 70% and outperforming human estimates. With a focus on innovation in artificial intelligence, Motorleaf positions itself as a key player in the advancement of agricultural practices.

Snapclarity

Angel Round in 2017
Snapclarity Inc. is a digital mental health service provider based in Ottawa, Canada, established in 2016. The company focuses on enhancing mental health care through a technology-driven platform that conducts online assessments to determine individual needs. By utilizing advanced algorithms, Snapclarity connects users with therapists who possess the appropriate skills for their specific conditions, facilitating communication through text messages and live video sessions. The service aims to streamline the mental health care process, offering personalized treatment plans that address chronic mental health issues effectively. Snapclarity's innovative approach has demonstrated significant improvements in client outcomes, with a study indicating that 86.5% of clients experienced enhancements in various life functions within 16 weeks of receiving care. The company operates as a subsidiary of CloudMD Software & Services Inc., reflecting its commitment to improving mental health coordination through innovation.

CYBERNETIQ

Angel Round in 2017
CYBERNETIQ, INC. is a cybersecurity software company based in Ottawa, Canada, founded in 2009. The company has developed the Control Layer Assessment Workstation (CLAW), an attack surface analysis platform designed to enhance visibility and security across networks. CLAW enables users to identify and quantify vulnerabilities within their systems, monitor and detect security events, and respond effectively to incidents. The platform also aids in searching for and isolating advanced threats, providing a comprehensive toolset for security operators. By integrating various cybersecurity applications and tools, CLAW helps organizations build and maintain a robust security posture in an increasingly complex threat landscape.

Bluink

Angel Round in 2017
Founded in 2010, Bluink Ltd. specializes in identity and access management solutions. It offers consumer and enterprise products like bluink key (password manager & FIDO U2F device) and bluink enterprise (secure IAM solution). Products are sold online.

Cliniconex

Seed Round in 2016
Cliniconex Inc. is a Canadian company based in Ottawa, established in 2009, that specializes in enhancing communication workflows for family and specialty clinics. The company offers a range of solutions, including appointment reminders via voice, email, and text, along with customizable templates and patient education tools. Cliniconex's platform focuses on automating outreach processes such as booking notifications, reminders, cancellations, and surveys, thereby improving patient engagement and streamlining the management of pre- and post-visit communications. The company's approach emphasizes personalized and manageable interactions, allowing healthcare providers to deliver tailored patient care and enhance health education effectively.

Thrive Career Wellness Platform

Seed Round in 2016
Thrive is a digital Human Resources SaaS that is offered for employers and HR firms to manage employee offboarding, furlough, working notices or internal redeployment through a mix of comprehensive job search management (JSM) tools, supplemented by a customizable marketplace of 3rd party service providers. The Job Search Management tools were developed through the organization's sister CareerJSM (www.careerjsm.com) product. The third-party service providers range from Thrive's partnerships with leading HR agencies offering career services and coaching, to upskilling through leading e-learning platforms like Linkedin Learning, EdX, Pluralsight and Codecademy, to personal wellness (mental health counselling, health insurance), entrepreneurship (incorporation legal tech & coaching),, to personal branding (photography, graphic design, websites). Users can purchase these services through deposits by their employers. This unique approach allows Thrive to support all employers and job functions within organizations while creating a superior user experience. Customers include SMEs and Fortune 500s like Walmart, Scotiabank and Lowe's. Thrive's software tools are also deployed by governments and not-for-profit sector employment service providers for job seekers. With successful deployment in the Canadian and Australian markets, Thrive is actively seeking HR Agency partnerships in Europe and North America.

Bus.com

Seed Round in 2015
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.

Pagecloud

Seed Round in 2015
PageCloud Inc. is a Canadian company based in Ottawa that specializes in a cloud-based content management system for website creation. Founded in 2013, PageCloud offers a platform designed to assist users in designing, building, and launching websites and online stores. Its services include tools for optimizing websites for search engines, integrating marketing solutions, and capturing audience engagement through customizable forms. The platform is tailored for both creators and businesses, providing collaborative tools that facilitate the seamless assembly of digital assets.

InNetwork

Seed Round in 2014
InNetwork Inc. is a Canadian company that specializes in providing tools for marketers to create and manage social media influencer outreach campaigns. Established in 2012, the company operates from Halifax and Toronto, offering a platform that enables brands to identify and engage trusted social media influencers. InNetwork’s solution is designed to simplify the influencer outreach process, allowing marketers to target specific customer demographics through detailed audience segmentation data. The platform not only connects marketers with a vetted network of influencers but also tracks and measures the effectiveness of influencer activities, ensuring that brands can communicate their messages efficiently and effectively. By streamlining the campaign process, InNetwork helps agencies and brand managers execute influencer outreach at scale, ultimately improving campaign results while saving time. InNetwork operates as a subsidiary of gShift Labs Inc.

Blacksumac

Angel Round in 2014
Blacksumac is the creator of Piper, the security and monitoring solution for small living spaces, businesses, and vacation properties. Founded in 2012, Blacksumac is an Ottawa startup engaged in engineering design and technology development. Our product focus is remote presence-based smart home and business technology.

360pi

Venture Round in 2013
360pi Corporation, headquartered in Ottawa, Canada, specializes in cloud-based retail price and product intelligence solutions. It offers real-time competitive pricing data to retailers and brand manufacturers globally, enabling them to optimize pricing strategies, enhance margins, and boost revenues. The company's platform, 360pi, monitors millions of products across hundreds of retailer websites, providing accurate and up-to-date pricing information. Its solutions include 360GamePlan for commerce analytics, 360Price for price comparison, and 360Live for employee access to competitive data. Additionally, 360Brands helps monitor brand pricing, promotion, and distribution. Founded in 2009, 360pi operates as a subsidiary of Market Track, LLC.

eSight

Venture Round in 2013
eSight Corporation develops innovative wearable electronic glasses aimed at enhancing vision for individuals with severe visual impairments, including conditions such as macular degeneration, retinopathy of prematurity, and diabetic retinopathy. The company's flagship product features a high-definition camera and OLED screens to capture and display real-time video, allowing users to adjust visual settings for improved clarity and detail. This technology empowers users to engage in everyday activities and pursue their interests without the limitations imposed by traditional assistive devices. Founded in 2006 and headquartered in Toronto, Canada, eSight also maintains offices in Ottawa, Los Angeles, Nashville, and Switzerland, serving customers primarily in Canada and the United States.

Granite Networks

Angel Round in 2013
Granite Networks is a data center services provider located in Kanata, Canada. The company specializes in co-location and cloud-hosting services tailored for business and government clients in eastern Ontario and western Quebec. Granite Networks is dedicated to ensuring the privacy and protection of personal information for its clients and customers, emphasizing the importance of managing and safeguarding this information effectively.

Openera

Seed Round in 2012
Openera Inc. is a Canadian company based in Kanata, founded in 2011, specializing in the development of mobile applications for file management and organization. Its primary offerings include FileFinder, which locates and shares files from various sources; AutoFile, which automatically saves, organizes, and backs up files and email attachments to cloud storage services such as Dropbox, Box, and Google Drive; and FileAnalytics, which monitors and manages file usage across cloud platforms. Openera's solutions are designed to streamline the management of digital content, ensuring compliance with corporate requirements while facilitating quick access to relevant attachments. The company operates under a freemium Software as a Service (SaaS) model, targeting professionals and small to medium-sized businesses.

Privacy Analytics

Venture Round in 2012
Privacy Analytics Inc. is a Canadian company specializing in data anonymization software solutions targeted primarily at healthcare organizations, insurance and medical claims providers, and medical device manufacturers. Founded in 2007 and based in Ottawa, the firm focuses on safeguarding sensitive data while enabling its use for secondary purposes such as research, public health, and marketing. Privacy Analytics offers a range of products, including PARAT, an integrated software for de-identifying both structured and unstructured personal data, and a text anonymization solution. Additionally, the company provides an online risk assessment tool designed to assist privacy officers in managing data sharing agreements and evaluating re-identification risks. Through these offerings, Privacy Analytics helps organizations comply with privacy regulations and effectively manage the risks associated with disclosing health data. As of May 2016, Privacy Analytics operates as a subsidiary of IQVIA Holdings Inc.

Spartan Bioscience

Seed Round in 2012
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.
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