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.

Past deals in Ottawa

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.

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.

Spoonity

Seed Round in 2020
Spoonity Inc., founded in 2011 and based in Ottawa, Canada, specializes in developing an online loyalty platform designed specifically for the quick-service restaurant (QSR) industry. The company offers a suite of innovative solutions that enable restaurants to implement and manage customizable customer rewards programs. Spoonity's platform includes intuitive management dashboards, integrations with point-of-sale systems and payment gateways, as well as comprehensive customer data insights. By leveraging artificial intelligence and advanced technology, Spoonity crafts tailored loyalty programs that enhance customer engagement and drive revenue growth for food and beverage businesses.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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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