Portage

Portage Ventures is a venture capital firm based in Toronto, Canada, established in 2016 as the corporate venture capital arm of Sagard Holdings. The firm specializes in investing in early-stage, growth-stage, and later-stage companies within the financial technology sector. Portage Ventures is dedicated to identifying and supporting promising Canadian fintech companies that have the potential to achieve significant global impact. Through its strategic investments, the firm aims to foster innovation and development in the financial services industry.

Ross Darwin

Principal

Hélène Falchier

Partner

Adam Felesky

CEO

Ricky Lai

Partner

Leo Liu

Senior Associate

Gabi Makari

Associate

AJ Okereke

Principal

Juliette Souliman

Principal

Alex Tung

Associate

Past deals in Toronto

KOHO

Series D in 2023
KOHO Financial is a Toronto-based company founded in 2014 that offers an application-based banking platform designed to simplify financial management for users. The platform facilitates day-to-day banking operations while providing a range of tools, including goal setting, cash flow projections, group spending features, and detailed spending insights. These resources enable users to effectively manage their expenses and banking activities from their mobile devices, enhancing their overall financial management experience.

KOHO

Series D in 2022
KOHO Financial is a Toronto-based company founded in 2014 that offers an application-based banking platform designed to simplify financial management for users. The platform facilitates day-to-day banking operations while providing a range of tools, including goal setting, cash flow projections, group spending features, and detailed spending insights. These resources enable users to effectively manage their expenses and banking activities from their mobile devices, enhancing their overall financial management experience.

Borrowell

Series C in 2021
Borrowell Inc., founded in 2014 and based in Toronto, Canada, is a financial technology company that specializes in providing credit education and personal financial services. The company offers free credit scores, credit monitoring, and personalized financial product recommendations through its online marketplace-lending platform. Borrowell helps Canadians access various financial products, including personal loans, credit cards, and mortgages, while also providing tools for debt management and financial improvement. By integrating innovative digital solutions such as personalized credit coaching and AI-driven recommendations, Borrowell aims to enhance the financial well-being of its customers and promote responsible borrowing practices.

Borrowell

Series B in 2019
Borrowell Inc., founded in 2014 and based in Toronto, Canada, is a financial technology company that specializes in providing credit education and personal financial services. The company offers free credit scores, credit monitoring, and personalized financial product recommendations through its online marketplace-lending platform. Borrowell helps Canadians access various financial products, including personal loans, credit cards, and mortgages, while also providing tools for debt management and financial improvement. By integrating innovative digital solutions such as personalized credit coaching and AI-driven recommendations, Borrowell aims to enhance the financial well-being of its customers and promote responsible borrowing practices.

KOHO

Series B in 2019
KOHO Financial is a Toronto-based company founded in 2014 that offers an application-based banking platform designed to simplify financial management for users. The platform facilitates day-to-day banking operations while providing a range of tools, including goal setting, cash flow projections, group spending features, and detailed spending insights. These resources enable users to effectively manage their expenses and banking activities from their mobile devices, enhancing their overall financial management experience.

d1g1t

Series A in 2018
d1g1t Inc. is a Toronto-based company that specializes in developing a digital wealth management platform aimed at professional advisers and their individual investors. The platform utilizes advanced analytics and risk management tools to deliver transparent portfolio management services. Key features include client management, business growth monitoring, historical performance analysis, future risk assessment, onboarding solutions, and portfolio tracking. By offering these comprehensive tools, d1g1t enhances the adviser-client relationship through personalized interaction and supports advisers in effectively managing their business growth and investment strategies.

integrate.ai

Series A in 2018
Integrate.ai Inc. is a Toronto-based company that develops artificial intelligence software aimed at helping enterprises leverage machine learning to drive customer engagement and revenue growth. Founded in 2017, Integrate.ai offers software-as-a-service (SaaS) products that facilitate the creation of federated machine learning models using siloed data in secure environments. Its flagship product, Powerflow, serves as an advanced end-to-end platform that enables collaboration among organizations in various sectors, including healthcare, financial services, academia, technology, and media. By integrating machine learning with social media, alternative data, and first-party data, Integrate.ai aims to enhance customer interaction and resolve business challenges, ultimately improving customer outcomes across industries.

Drop

Series A in 2018
Drop is a personalized commerce platform that enhances consumer experiences by connecting users with over 400 partner brands to earn rewards for their purchases. The platform utilizes machine learning to tailor offers and recommendations, ensuring that consumers receive relevant rewards at optimal times. With a focus on serving Millennials and Generation Z, Drop facilitates a seamless shopping experience, allowing users to earn points on both online and offline transactions, as well as through survey completions. Headquartered in Toronto, Drop has expanded its reach to over 4 million members across North America and the UK, aiming to improve everyday consumer lives through its innovative e-commerce and fintech solutions.

KOHO

Venture Round in 2017
KOHO Financial is a Toronto-based company founded in 2014 that offers an application-based banking platform designed to simplify financial management for users. The platform facilitates day-to-day banking operations while providing a range of tools, including goal setting, cash flow projections, group spending features, and detailed spending insights. These resources enable users to effectively manage their expenses and banking activities from their mobile devices, enhancing their overall financial management experience.

Borrowell

Series A in 2017
Borrowell Inc., founded in 2014 and based in Toronto, Canada, is a financial technology company that specializes in providing credit education and personal financial services. The company offers free credit scores, credit monitoring, and personalized financial product recommendations through its online marketplace-lending platform. Borrowell helps Canadians access various financial products, including personal loans, credit cards, and mortgages, while also providing tools for debt management and financial improvement. By integrating innovative digital solutions such as personalized credit coaching and AI-driven recommendations, Borrowell aims to enhance the financial well-being of its customers and promote responsible borrowing practices.

Wave

Series D in 2017
Wave makes running a small business better by providing free accounting, invoicing, affordable credit card processing (payments) and payroll. Over 3 million small business owners, in more than 200 countries around the world, rely on WaveApps to run their business. Wave was founded in 2009 and is headquartered in Toronto, Canada.

Drop

Seed Round in 2017
Drop is a personalized commerce platform that enhances consumer experiences by connecting users with over 400 partner brands to earn rewards for their purchases. The platform utilizes machine learning to tailor offers and recommendations, ensuring that consumers receive relevant rewards at optimal times. With a focus on serving Millennials and Generation Z, Drop facilitates a seamless shopping experience, allowing users to earn points on both online and offline transactions, as well as through survey completions. Headquartered in Toronto, Drop has expanded its reach to over 4 million members across North America and the UK, aiming to improve everyday consumer lives through its innovative e-commerce and fintech solutions.
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