Panache Ventures

Panache Ventures, established in 2018, is a venture capital firm headquartered in Montreal, Canada, with additional offices in Calgary, Vancouver, Toronto, and San Francisco. The company specializes in pre-seed and seed-stage investments, focusing on sectors that align with Canada's strengths, including artificial intelligence, cybersecurity, blockchain, enterprise SaaS, data analytics, fintech, digital health, and enterprise software. Panache Ventures typically invests up to USD 1 million in early-stage technology companies across Canada and the United States.

Dan Belostotsky

Venture Partner

Mike Cegelski

Founder and Chairman

Mukund Chopra

Venture Partner

Timothy Kwok

Associate

Nadia Lachman

Analyst

Scott Loong

Partner

Patrick Lor

Partner

Prashant Matta

Partner

Chris Neumann

Partner

Domenic Del Vecchio

Associate

Sarah Willson

Principal

Past deals in Quebec

Livescale

Seed Round in 2021
Livescale is a live shopping solution based in Montreal, Canada, founded by Virgile Ollivier. The company offers a platform that enables brands to enhance audience engagement and sales conversion through immersive shoppable live video experiences. By providing a fully-customized, brand-owned environment, Livescale allows businesses to create awareness and foster community among their customers. Its unique technology includes integrated checkout features and comprehensive client resources, making it a distinctive player in the global market. Livescale aims to optimize revenues, expand market reach, and strengthen client relationships for e-commerce businesses through its innovative approach to live shopping.

Qohash

Series A in 2021
Qohash Inc. is a Quebec City-based company that specializes in data security solutions through its online platform, Qostodian. Launched in 2018, the platform offers a comprehensive suite of services designed to enhance data integrity, facilitate risk assessment, and enable real-time detection and reporting of potential security threats. Qohash's solutions are particularly beneficial for organizations with stringent compliance requirements, allowing information security teams, compliance officers, and IT administrators to monitor and manage sensitive data assets effectively. By alerting users to risky employee behavior and enabling entitlement reviews and access control monitoring, Qohash aims to prevent data breaches and ensure the security of personal information, thereby fostering digital trust and protecting organizations from potential scandals.

Bliinx

Pre Seed Round in 2020
Bliinx Inc. is a Montreal-based software company, established in 2018, that focuses on enhancing business relationships for professionals. It offers a sales engagement platform designed to help go-to-market teams identify their product's most qualified users, facilitating faster conversions and revenue expansion. The platform aggregates all interactions between professionals and their contacts into a streamlined relationship timeline within Office 365, accessible through inbox, calendar, and mobile devices. By providing actionable intelligence to sales, marketing, and customer success teams, Bliinx enables businesses to engage with clients at optimal moments, thereby improving close rates, minimizing lost opportunities, and boosting overall client satisfaction.

InVivo AI

Pre Seed Round in 2019
InVivo AI is a Montreal-based company founded in 2017 that specializes in leveraging artificial intelligence to enhance pharmaceutical research and development, with a particular focus on preclinical toxicology. The company has developed advanced AI methods for molecular representation, structure and ligand-based de novo design, and multiparameter optimization, enabling the creation of novel chemistry to address complex biological challenges.

StreamingFast

Seed Round in 2019
StreamingFast, founded by a team of experienced tech entrepreneurs, specializes in developing highly scalable open-source software designed for processing and indexing blockchain data. Based in Montreal, Canada, the company leverages its expertise in large-scale data science to create innovative solutions. Its flagship innovation, the Firehose, employs a file-based and streaming-first approach to handle blockchain data efficiently, facilitating high-performance indexing on high-throughput chains.

Livescale

Pre Seed Round in 2019
Livescale is a live shopping solution based in Montreal, Canada, founded by Virgile Ollivier. The company offers a platform that enables brands to enhance audience engagement and sales conversion through immersive shoppable live video experiences. By providing a fully-customized, brand-owned environment, Livescale allows businesses to create awareness and foster community among their customers. Its unique technology includes integrated checkout features and comprehensive client resources, making it a distinctive player in the global market. Livescale aims to optimize revenues, expand market reach, and strengthen client relationships for e-commerce businesses through its innovative approach to live shopping.

Qohash

Seed Round in 2019
Qohash Inc. is a Quebec City-based company that specializes in data security solutions through its online platform, Qostodian. Launched in 2018, the platform offers a comprehensive suite of services designed to enhance data integrity, facilitate risk assessment, and enable real-time detection and reporting of potential security threats. Qohash's solutions are particularly beneficial for organizations with stringent compliance requirements, allowing information security teams, compliance officers, and IT administrators to monitor and manage sensitive data assets effectively. By alerting users to risky employee behavior and enabling entitlement reviews and access control monitoring, Qohash aims to prevent data breaches and ensure the security of personal information, thereby fostering digital trust and protecting organizations from potential scandals.

Audible Reality

Seed Round in 2018
Audible Reality Inc. is a Montreal-based company founded in 2015 that specializes in developing artificial intelligence-driven three-dimensional (3D) audio solutions. The company focuses on creating immersive audio experiences by utilizing proprietary technology that processes sound through multiple channels, effectively replacing traditional stereo audio with a dynamic and personalized format. Audible Reality's innovative approach caters to the evolving needs of audio consumers and creators across streaming, mobile, and consumer device markets. Additionally, the company offers the Audible Reality Player, a device that integrates its software to provide customized audio solutions tailored to individual user preferences.
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