Portage Ventures

Portage Ventures is a Toronto-based venture capital firm specializing in fintech and financial services investments. It targets early-stage opportunities with global potential, backing promising fintech companies across Canada, the United States, and Europe. Founded in 2016, the firm focuses on helping startups scale in the financial technology sector.

Jake Bodanis

Principal

Stephanie Choo

Partner

Paul Desmarais

Executive Chairman

Hélène Falchier

Partner

Adam Felesky

Partner

Past deals in Cyprus

Hellas Direct

Venture Round in 2021
Hellas Direct is a digital‑first, full‑stack insurance provider that offers car, motorbike, home insurance and mobility financing. Using artificial intelligence, advanced analytics and algorithms, it compares offer prices to deliver competitive rates and a simple purchasing experience. The company, headquartered in Cyprus, is backed by investors such as Portag3, IFC, Endeavor Catalyst, Lord O’Neill and Jon Moulton. It aims to disrupt the insurance value chain through operational excellence and a customer‑centric approach.

Hellas Direct

Series C in 2019
Hellas Direct is a digital‑first, full‑stack insurance provider that offers car, motorbike, home insurance and mobility financing. Using artificial intelligence, advanced analytics and algorithms, it compares offer prices to deliver competitive rates and a simple purchasing experience. The company, headquartered in Cyprus, is backed by investors such as Portag3, IFC, Endeavor Catalyst, Lord O’Neill and Jon Moulton. It aims to disrupt the insurance value chain through operational excellence and a customer‑centric approach.

Hellas Direct

Series B in 2018
Hellas Direct is a digital‑first, full‑stack insurance provider that offers car, motorbike, home insurance and mobility financing. Using artificial intelligence, advanced analytics and algorithms, it compares offer prices to deliver competitive rates and a simple purchasing experience. The company, headquartered in Cyprus, is backed by investors such as Portag3, IFC, Endeavor Catalyst, Lord O’Neill and Jon Moulton. It aims to disrupt the insurance value chain through operational excellence and a customer‑centric approach.
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