Panache Ventures

Panache Ventures, Inc. is a venture capital firm founded in March 2018 and based in Calgary, Canada, with additional offices in Montreal, Vancouver, Toronto, and San Francisco. The firm specializes in pre-seed and seed-stage investments, focusing on sectors that leverage Canada's strengths, including artificial intelligence, cybersecurity, blockchain, virtual reality, fintech, digital health, enterprise software, and data analytics. Panache Ventures aims to support innovative startups in these emerging fields, primarily within Canada.

Tim Kwok

Analyst

Prashant Matta

Partner

Chris Neumann

Partner

Past deals in Ottawa

CYBERNETIQ

Seed Round in 2019
CYBERNETIQ, INC. is a cybersecurity software company based in Ottawa, Canada, established in 2009. The company specializes in its product, the Control Layer Assessment Workstation (CLAW), which is designed to enhance network security by identifying and quantifying vulnerabilities within users' networks and systems. CLAW enables the monitoring and detection of security events, facilitating a proactive response to potential threats. The platform offers a comprehensive view of the network landscape, allowing users to visualize and manage their attack surface effectively. By integrating various cybersecurity applications and tools, CLAW aims to provide actionable insights for enhancing security measures and maintaining a strong defense against advanced threats.

reDock

Seed Round in 2019
reDock Inc. specializes in software that enhances the efficiency of responding to Requests for Proposals (RFPs) through the use of artificial intelligence. Founded in 2016 and based in Ottawa, Canada, reDock's software streamlines the proposal development process by managing corporate documents, resumes, and compliance requirements. The system features dynamic templates, a reporting dashboard, integrated spell checks, and tools for contract management and requirement matching. It is designed to help IT consulting, IT staffing, and management consulting firms in North America prepare compliant and competitive proposals significantly faster, allowing proposal development teams to focus on the most critical aspects of RFP responses. By automating various tasks, reDock aims to alleviate the workload of proposal teams, enabling them to work more efficiently and effectively.
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