Real Ventures

Real Ventures is a Canada-based early-stage venture capital firm founded in 2007 and based in Montreal. It backs early-stage Canadian technology startups and supports entrepreneurs who aim to build successful, global companies. The firm provides stage-specific guidance, mentorship, and access to networks and resources to accelerate founders' growth. By strengthening the Canadian startup ecosystem, Real Ventures helps teams with product development, go-to-market planning, and fundraising through connections to experienced operators, partners, and peers. Its active portfolio includes more than 100 companies valued at about $10 billion, illustrating its broad impact on Canada's technology landscape.

Jean-Sebastian Cournoyer

Partner

JS Cournoyer

Board Partner

Laura Easton

Associate

Mohamed Elabshihy

Associate

Richard Fefergrad

Director, Finance

Sam Haffar

Partner

Phil G. Joseph

Associate

Pierre-Andre Meunier

Investment Committee Member

Hamzah Nassif

Partner

John Stokes

General Partner

Past deals in Ontario

Tenstorrent

Series C in 2021
Tenstorrent designs and manufactures AI hardware and software for data processing and machine learning tasks. The company develops application-specific integrated circuit processors that enable scalable deep learning, with architectures designed to be software-programmable and adaptable from battery-powered IoT devices to cloud servers. Its processors target training and inference workloads, delivering computational performance for developers and researchers in artificial intelligence. Founded in 2016, Tenstorrent is based in Toronto with an additional office in Austin, Texas.

Delphia

Series A in 2019
Delphia Inc. is a Toronto-based company, incorporated in 1993, that specializes in developing artificially intelligent surveys designed to assist individuals in making informed decisions regarding careers, education, finances, and health. The company emphasizes the importance of data in fostering capital formation and economic empowerment. Delphia creates products that encourage the sharing of proprietary data, aiming to provide users with a competitive advantage in financial markets. By actively managing personal data, Delphia seeks to unlock innovative opportunities for wealth creation for both individual and institutional investors.

RenoRun

Series A in 2019
RenoRun Inc. is a construction materials delivery company that caters to the needs of the construction industry. Founded in 2016 and headquartered in Montreal, Canada, the company offers a wide range of products, including beams, bricks, and concrete mixes. RenoRun has developed a mobile-friendly platform that allows general contractors to place orders easily, streamlining the process of procuring materials. This innovative service minimizes wasted time and effort for contractors by providing efficient delivery directly to job sites, with trained runners ensuring timely collection and drop-off of materials. In addition to its Montreal headquarters, RenoRun operates in Toronto, Canada, and Austin, Texas, positioning itself as a significant player in the construction supply market.

Element AI

Series B in 2019
Element AI is an artificial intelligence company that develops and delivers AI solutions for organizations to identify opportunities to deploy AI and machine learning. It operates an AI as a Service platform that enables businesses to launch and scale AI initiatives in partnership with large corporations. The company maintains an in-house research and development laboratory to advance AI technologies and their deployment in computing infrastructure. Element AI serves industries including insurance, banking and capital markets, manufacturing, logistics, retail, and consumer packaged goods. Founded in 2016 and headquartered in Montreal with an additional office in Toronto, it combines software products, services, and tools that help clients operationalize AI, augment decision-making, and improve business performance. Element AI also maintains collaborations with academia and engages in policy discussions related to technology's societal impact, while acting as an integrator to help organizations adopt and implement AI solutions.

Tenstorrent

Series B in 2019
Tenstorrent designs and manufactures AI hardware and software for data processing and machine learning tasks. The company develops application-specific integrated circuit processors that enable scalable deep learning, with architectures designed to be software-programmable and adaptable from battery-powered IoT devices to cloud servers. Its processors target training and inference workloads, delivering computational performance for developers and researchers in artificial intelligence. Founded in 2016, Tenstorrent is based in Toronto with an additional office in Austin, Texas.

RenoRun

Seed Round in 2019
RenoRun Inc. is a construction materials delivery company that caters to the needs of the construction industry. Founded in 2016 and headquartered in Montreal, Canada, the company offers a wide range of products, including beams, bricks, and concrete mixes. RenoRun has developed a mobile-friendly platform that allows general contractors to place orders easily, streamlining the process of procuring materials. This innovative service minimizes wasted time and effort for contractors by providing efficient delivery directly to job sites, with trained runners ensuring timely collection and drop-off of materials. In addition to its Montreal headquarters, RenoRun operates in Toronto, Canada, and Austin, Texas, positioning itself as a significant player in the construction supply market.

AlphaBlock

Seed Round in 2019
AlphaBlock is a general artificial intelligence company based in Toronto, Canada, founded in 2017. It specializes in developing investment management solutions tailored for institutional investors, such as pension funds, family offices, and hedge funds. The company creates a market mechanism designed for alpha generation, validation, and distribution, functioning as a predictive ecosystem that integrates financial and non-financial data. This innovative approach aims to eliminate barriers between financial and services markets. Additionally, AlphaBlock's platform securitizes blockchain assets and introduces new alternative assets and asset classes, addressing the limitations of traditional finance in effectively understanding risk. By leveraging its General AI processes, AlphaBlock enables investors to enhance returns while managing risk more efficiently.

Acorn Biolabs

Seed Round in 2019
Acorn Biolabs, Inc. is a biotechnology company based in Toronto, Canada, founded in 2017. It specializes in providing a take-home service for the cryopreservation of human cells, focusing on young cell preservation to facilitate future regenerative medical treatments. The company employs a non-invasive, follicle-based cell collection method, allowing individuals to collect and preserve their healthy young cells for potential use in gene therapies, stem cell therapeutics, tissue engineering, and organ regeneration. Acorn Biolabs offers its services directly to consumers, with options for at-home and in-clinic cell collection. The company also has established partnerships with a network of clinics and pharmacies across Canada to enhance accessibility to its innovative services.

Tread

Seed Round in 2019
Founded in Toronto, Canada in 2016, Tread develops a platform for managing construction equipment services. Its software uses data analytics to optimize equipment usage, facilitating interactions among contractors, brokers, and operators as if they were part of the same fleet.

Validere

Seed Round in 2018
Validere Technologies Inc. is a Toronto-based company that specializes in providing critical information about liquids through innovative measurement, reporting, and verification solutions. Founded in 2015, Validere develops portable devices, including the Validere Identifier, which assesses the hazardous nature of liquids by referencing a comprehensive library. Additionally, the company offers EDGE Connect, a platform that facilitates secure connections between buyers and sellers, enabling the discovery of arbitrage opportunities. Validere's main focus is on liquid fingerprinting, industrial process monitoring, and optimizing logistics within the energy sector. By delivering accessible and verifiable testing data, Validere aids organizations in making informed business decisions and enhances the accuracy of crude oil testing, ensuring accountability and quality across operations. The company's expertise in emissions management and tracking further positions it as a valuable partner for energy companies seeking to improve their financial and environmental performance.

Kooltra

Series A in 2018
Kooltra is a technology company that develops an enterprise cloud platform for foreign exchange brokerages and financial institutions, enabling FX services and cross-border payments while digitizing and automating post-trade operations across capital markets. Its software offers cash management, customer relationship management, transaction processing, risk management, and business intelligence, helping manage foreign exchange brokerage, streamline processes, reduce human error, and improve security by connecting with customers and partners. The company is headquartered in Toronto, Canada and was founded in 2012.

Integrate.ai

Series A in 2018
Founded in 2017, Integrate.ai specializes in AI software for enterprises. Its platform enables companies to build federated machine learning models on siloed data securely, serving industries like healthcare, finance, and technology.

Mejuri

Series A in 2018
Founded in Toronto, Canada in 2015, Mejuri is a fine jewelry company that offers high-quality, ethically sourced products at affordable prices. It works directly with top jewelers to create exclusive designs and delivers new collections weekly through its direct-to-consumer e-commerce platform.

Delphia

Seed Round in 2018
Delphia Inc. is a Toronto-based company, incorporated in 1993, that specializes in developing artificially intelligent surveys designed to assist individuals in making informed decisions regarding careers, education, finances, and health. The company emphasizes the importance of data in fostering capital formation and economic empowerment. Delphia creates products that encourage the sharing of proprietary data, aiming to provide users with a competitive advantage in financial markets. By actively managing personal data, Delphia seeks to unlock innovative opportunities for wealth creation for both individual and institutional investors.

Swift Medical

Series A in 2018
Swift Medical develops a digital platform for wound care management. Its core product, Swift, enables healthcare providers to capture, share, and track patient wound images in real-time, facilitating accurate documentation and remote care.

Wisk Solutions

Seed Round in 2018
Wisk Solutions Inc. is a Canadian company based in Toronto that specializes in developing software for managing alcoholic beverage operations. Founded in 2014, the company offers solutions aimed at optimizing various aspects of inventory management, including consumption analysis, product pricing, and purchase order management. Wisk's software is designed to streamline operations for a diverse clientele that includes hotels, clubs, restaurants, and bars, significantly reducing the time spent on inventory counting and data compilation.

Tread

Pre Seed Round in 2018
Founded in Toronto, Canada in 2016, Tread develops a platform for managing construction equipment services. Its software uses data analytics to optimize equipment usage, facilitating interactions among contractors, brokers, and operators as if they were part of the same fleet.

ROSS Intelligence

Series A in 2017
ROSS Intelligence is a company that develops artificial intelligence tools specifically designed to enhance the capabilities of lawyers. Its flagship product, ROSS, serves as an AI-driven legal research platform that utilizes natural language processing to answer legal queries and assist legal teams in navigating case law efficiently. By streamlining the research process, ROSS Intelligence enables lawyers to focus on more complex tasks, ultimately improving their productivity and decision-making. The company's clientele includes leading law firms and corporate legal departments both in the United States and internationally. With operations based in Toronto, San Francisco, and New York, ROSS Intelligence aims to revolutionize the legal profession by creating advanced AI solutions that augment lawyers' cognitive abilities.

Integrate.ai

Corporate Round in 2017
Founded in 2017, Integrate.ai specializes in AI software for enterprises. Its platform enables companies to build federated machine learning models on siloed data securely, serving industries like healthcare, finance, and technology.

Tenstorrent

Series A in 2017
Tenstorrent designs and manufactures AI hardware and software for data processing and machine learning tasks. The company develops application-specific integrated circuit processors that enable scalable deep learning, with architectures designed to be software-programmable and adaptable from battery-powered IoT devices to cloud servers. Its processors target training and inference workloads, delivering computational performance for developers and researchers in artificial intelligence. Founded in 2016, Tenstorrent is based in Toronto with an additional office in Austin, Texas.

Element AI

Series A in 2017
Element AI is an artificial intelligence company that develops and delivers AI solutions for organizations to identify opportunities to deploy AI and machine learning. It operates an AI as a Service platform that enables businesses to launch and scale AI initiatives in partnership with large corporations. The company maintains an in-house research and development laboratory to advance AI technologies and their deployment in computing infrastructure. Element AI serves industries including insurance, banking and capital markets, manufacturing, logistics, retail, and consumer packaged goods. Founded in 2016 and headquartered in Montreal with an additional office in Toronto, it combines software products, services, and tools that help clients operationalize AI, augment decision-making, and improve business performance. Element AI also maintains collaborations with academia and engages in policy discussions related to technology's societal impact, while acting as an integrator to help organizations adopt and implement AI solutions.

Dream Payments

Series A in 2017
Dream Payments offers a cloud-based mobile payment platform that enables merchants to accept debit and credit card payments securely via mobile devices. Its solutions include Dream MPOS devices, a merchant app for catalog management and receipt issuance, and real-time reporting analytics. Headquartered in Toronto, Canada, the company was founded in 2014.

Kooltra

Seed Round in 2017
Kooltra is a technology company that develops an enterprise cloud platform for foreign exchange brokerages and financial institutions, enabling FX services and cross-border payments while digitizing and automating post-trade operations across capital markets. Its software offers cash management, customer relationship management, transaction processing, risk management, and business intelligence, helping manage foreign exchange brokerage, streamline processes, reduce human error, and improve security by connecting with customers and partners. The company is headquartered in Toronto, Canada and was founded in 2012.

Swift Medical

Seed Round in 2017
Swift Medical develops a digital platform for wound care management. Its core product, Swift, enables healthcare providers to capture, share, and track patient wound images in real-time, facilitating accurate documentation and remote care.

Tenstorrent

Seed Round in 2016
Tenstorrent designs and manufactures AI hardware and software for data processing and machine learning tasks. The company develops application-specific integrated circuit processors that enable scalable deep learning, with architectures designed to be software-programmable and adaptable from battery-powered IoT devices to cloud servers. Its processors target training and inference workloads, delivering computational performance for developers and researchers in artificial intelligence. Founded in 2016, Tenstorrent is based in Toronto with an additional office in Austin, Texas.

Hubba

Series B in 2016
Hubba, established in Toronto, Canada in 2011, operates a software platform designed to connect brands with retailers. Its core service enables brand marketers to digitally showcase their product portfolio, create comprehensive product stories by aggregating information and media, and share this content securely with retail partners. The platform facilitates synchronization of product data across multiple channels, provides visibility into how products are presented by retailers, and offers customizable access controls for partners. Hubba currently supports over 75,000 small to medium-sized businesses.

Repable

Convertible Note in 2016
Repable, Inc. is an analytics company based in Toronto, Canada, established in September 2015 by Sean Power and Heather Anne Carson. The company specializes in providing player analytics specifically for the gaming and streaming industries. Repable's platform offers insights that enable broadcasters, teams, and enterprises to assess the financial and social impact of their daily interactions with fans and the public. Using an independent data engine, the platform analyzes the comprehensive esports and live game streaming ecosystem, helping users to gain a deeper understanding of their engagement and performance within the gaming space.

Validere

Seed Round in 2016
Validere Technologies Inc. is a Toronto-based company that specializes in providing critical information about liquids through innovative measurement, reporting, and verification solutions. Founded in 2015, Validere develops portable devices, including the Validere Identifier, which assesses the hazardous nature of liquids by referencing a comprehensive library. Additionally, the company offers EDGE Connect, a platform that facilitates secure connections between buyers and sellers, enabling the discovery of arbitrage opportunities. Validere's main focus is on liquid fingerprinting, industrial process monitoring, and optimizing logistics within the energy sector. By delivering accessible and verifiable testing data, Validere aids organizations in making informed business decisions and enhances the accuracy of crude oil testing, ensuring accountability and quality across operations. The company's expertise in emissions management and tracking further positions it as a valuable partner for energy companies seeking to improve their financial and environmental performance.

TritonWear

Seed Round in 2016
TritonWear is a Canadian wearable technology company based in Kitchener that develops performance wearables and companion software to help coaches and athletes track performance in real time. Its waterproof wearable, paired with mobile and web applications, delivers real-time and post-workout metrics, AI-powered analytics, video motion analysis, and cloud storage, enabling swim teams, coaches, and athletes to monitor progress, identify improvement areas, and make data-driven training decisions.

Neuranet

Series B in 2016
Neuranet develops Flexitive, a SaaS-based HTML5 design platform that enables brands, agencies, and publishers to create responsive advertisements and content across multiple screen sizes. The tool automates design workflows for designers and developers, adapting layouts to various sizes and exporting assets for multi-channel use, including video and animated GIFs. It supports data-driven and live elements to tailor outputs by demographics, geography, language, or data feeds, helping global brands scale and streamline production of adaptable ads.

ROSS Intelligence

Seed Round in 2016
ROSS Intelligence is a company that develops artificial intelligence tools specifically designed to enhance the capabilities of lawyers. Its flagship product, ROSS, serves as an AI-driven legal research platform that utilizes natural language processing to answer legal queries and assist legal teams in navigating case law efficiently. By streamlining the research process, ROSS Intelligence enables lawyers to focus on more complex tasks, ultimately improving their productivity and decision-making. The company's clientele includes leading law firms and corporate legal departments both in the United States and internationally. With operations based in Toronto, San Francisco, and New York, ROSS Intelligence aims to revolutionize the legal profession by creating advanced AI solutions that augment lawyers' cognitive abilities.

Hubba

Series A in 2015
Hubba, established in Toronto, Canada in 2011, operates a software platform designed to connect brands with retailers. Its core service enables brand marketers to digitally showcase their product portfolio, create comprehensive product stories by aggregating information and media, and share this content securely with retail partners. The platform facilitates synchronization of product data across multiple channels, provides visibility into how products are presented by retailers, and offers customizable access controls for partners. Hubba currently supports over 75,000 small to medium-sized businesses.

Plooto

Seed Round in 2015
Plooto is a cloud-based payments platform for small and medium-sized businesses that automates and streamlines payments. The platform enables users to send and receive payments online and automatically reconciles transactions with leading accounting software. It supports payments to anyone with an active bank account and typically completes transfers within 2-3 business days. Founded in 2015, Plooto is headquartered in Toronto, Canada.

Neuranet

Seed Round in 2015
Neuranet develops Flexitive, a SaaS-based HTML5 design platform that enables brands, agencies, and publishers to create responsive advertisements and content across multiple screen sizes. The tool automates design workflows for designers and developers, adapting layouts to various sizes and exporting assets for multi-channel use, including video and animated GIFs. It supports data-driven and live elements to tailor outputs by demographics, geography, language, or data feeds, helping global brands scale and streamline production of adaptable ads.

VarageSale

Series B in 2015
VarageSale, Inc. operates an online platform that facilitates the buying and selling of used items within local communities. Founded in 2012 and based in Toronto, Canada, the company allows users to create interest-based groups where members can list items for sale, engage in discussions, and make purchases. The platform is designed to be family-friendly and free to use, available on both web and mobile applications across various devices. With millions of members in communities throughout the United States, Canada, and beyond, VarageSale aims to foster connections among users while offering goods at lower prices than retail. The company has been positioned as a subsidiary of VerticalScope Inc. since 2017.

Dream Payments

Series A in 2015
Dream Payments offers a cloud-based mobile payment platform that enables merchants to accept debit and credit card payments securely via mobile devices. Its solutions include Dream MPOS devices, a merchant app for catalog management and receipt issuance, and real-time reporting analytics. Headquartered in Toronto, Canada, the company was founded in 2014.

FundThrough

Venture Round in 2015
Founded in 2014, FundThrough operates an online platform that provides financing solutions to entrepreneurs and small businesses. It offers lines of credit based on outstanding invoices, enabling clients to access working capital quickly with minimal obligations.

TritonWear

Seed Round in 2015
TritonWear is a Canadian wearable technology company based in Kitchener that develops performance wearables and companion software to help coaches and athletes track performance in real time. Its waterproof wearable, paired with mobile and web applications, delivers real-time and post-workout metrics, AI-powered analytics, video motion analysis, and cloud storage, enabling swim teams, coaches, and athletes to monitor progress, identify improvement areas, and make data-driven training decisions.

VarageSale

Series B in 2014
VarageSale, Inc. operates an online platform that facilitates the buying and selling of used items within local communities. Founded in 2012 and based in Toronto, Canada, the company allows users to create interest-based groups where members can list items for sale, engage in discussions, and make purchases. The platform is designed to be family-friendly and free to use, available on both web and mobile applications across various devices. With millions of members in communities throughout the United States, Canada, and beyond, VarageSale aims to foster connections among users while offering goods at lower prices than retail. The company has been positioned as a subsidiary of VerticalScope Inc. since 2017.

Bitaccess

Seed Round in 2014
Bitaccess is an Ottawa-based technology company founded in 2013 that provides access to public blockchain technology and digital assets. It develops software and hardware solutions for fintech infrastructure, including compliance, security, and customer onboarding, and also manufactures Bitcoin ATMs. The company serves clients in multiple countries and emphasizes secure, accessible, and easy-to-use blockchain-enabled financial transactions, leveraging smart contracts and hardware security modules to publish data on blockchains and enable near-instant onboarding.

VarageSale

Series A in 2014
VarageSale, Inc. operates an online platform that facilitates the buying and selling of used items within local communities. Founded in 2012 and based in Toronto, Canada, the company allows users to create interest-based groups where members can list items for sale, engage in discussions, and make purchases. The platform is designed to be family-friendly and free to use, available on both web and mobile applications across various devices. With millions of members in communities throughout the United States, Canada, and beyond, VarageSale aims to foster connections among users while offering goods at lower prices than retail. The company has been positioned as a subsidiary of VerticalScope Inc. since 2017.

VarageSale

Seed Round in 2013
VarageSale, Inc. operates an online platform that facilitates the buying and selling of used items within local communities. Founded in 2012 and based in Toronto, Canada, the company allows users to create interest-based groups where members can list items for sale, engage in discussions, and make purchases. The platform is designed to be family-friendly and free to use, available on both web and mobile applications across various devices. With millions of members in communities throughout the United States, Canada, and beyond, VarageSale aims to foster connections among users while offering goods at lower prices than retail. The company has been positioned as a subsidiary of VerticalScope Inc. since 2017.

Opencare

Seed Round in 2013
Opencare Inc. is a healthcare discovery platform based in Toronto, Canada, that facilitates connections between patients and healthcare providers across North America. Founded in 2012 and initially known as HealthKiwi Inc., Opencare specializes in the dental sector, creating a premium dental care network that ensures patients receive high-quality care from top dentists. The platform simplifies the process of finding and booking appointments with various healthcare providers, including dentists, chiropractors, massage therapists, physiotherapists, and optometrists. By streamlining interactions between patients and providers, Opencare aims to enhance the overall patient experience in accessing healthcare services.

VarageSale

Seed Round in 2013
VarageSale, Inc. operates an online platform that facilitates the buying and selling of used items within local communities. Founded in 2012 and based in Toronto, Canada, the company allows users to create interest-based groups where members can list items for sale, engage in discussions, and make purchases. The platform is designed to be family-friendly and free to use, available on both web and mobile applications across various devices. With millions of members in communities throughout the United States, Canada, and beyond, VarageSale aims to foster connections among users while offering goods at lower prices than retail. The company has been positioned as a subsidiary of VerticalScope Inc. since 2017.
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