Uncork Capital

Founded in 2004 and based in Palo Alto, California, Uncork Capital is a venture capital firm focusing on seed-stage investments in SaaS, consumer goods, healthcare, and technology companies across the United States. The firm invests out of two funds: a $200M Seed fund and a $200M Opportunity fund for larger investments in mature portfolio companies.

Sarah Du

Investor

Susan Liu

Partner

Past deals in Toronto

Tailscale

Series C in 2025
Founded in 2019, Tailscale Inc. specializes in developing corporate virtual private network (VPN) software that enables secure remote access for teams of any size. Its platform leverages WireGuard's Noise protocol encryption to provide minimal configuration, automatic key management, and identity provider integration, helping IT professionals and organizations replace legacy VPNs and simplify secure network operations.

Forma.ai

Series B in 2022
Forma.ai is a Toronto‑based technology company that offers an artificial intelligence‑driven platform for designing, executing, and optimizing sales compensation plans. Founded in 2016 by Nabeil Alazzam, the company enables organizations to create incentive structures, administer them in real time, and monitor individual performance against strategic goals. By integrating data models and AI analytics, the platform tracks sales activity, identifies patterns, and adjusts compensation to encourage desired customer interactions, thereby improving sales agility and motivation. Forma.ai serves businesses across Canada and the United States.

Tailscale

Series B in 2022
Founded in 2019, Tailscale Inc. specializes in developing corporate virtual private network (VPN) software that enables secure remote access for teams of any size. Its platform leverages WireGuard's Noise protocol encryption to provide minimal configuration, automatic key management, and identity provider integration, helping IT professionals and organizations replace legacy VPNs and simplify secure network operations.

Forma.ai

Series A in 2021
Forma.ai is a Toronto‑based technology company that offers an artificial intelligence‑driven platform for designing, executing, and optimizing sales compensation plans. Founded in 2016 by Nabeil Alazzam, the company enables organizations to create incentive structures, administer them in real time, and monitor individual performance against strategic goals. By integrating data models and AI analytics, the platform tracks sales activity, identifies patterns, and adjusts compensation to encourage desired customer interactions, thereby improving sales agility and motivation. Forma.ai serves businesses across Canada and the United States.

Tailscale

Series A in 2020
Founded in 2019, Tailscale Inc. specializes in developing corporate virtual private network (VPN) software that enables secure remote access for teams of any size. Its platform leverages WireGuard's Noise protocol encryption to provide minimal configuration, automatic key management, and identity provider integration, helping IT professionals and organizations replace legacy VPNs and simplify secure network operations.

Tailscale

Seed Round in 2020
Founded in 2019, Tailscale Inc. specializes in developing corporate virtual private network (VPN) software that enables secure remote access for teams of any size. Its platform leverages WireGuard's Noise protocol encryption to provide minimal configuration, automatic key management, and identity provider integration, helping IT professionals and organizations replace legacy VPNs and simplify secure network operations.

Panorama Software

Series C in 2019
Panorama Software Limited is a Toronto-based company specializing in the development and marketing of business intelligence software solutions. Established in 1993, the company provides clients with innovative tools such as Panorama Necto, a collaborative and visual business intelligence platform that includes dashboards and infographics. Panorama's software serves a diverse array of industries, including manufacturing, financial services, retail and distribution, government, media and telecommunications, entertainment, insurance, and healthcare. The company's solutions aim to enhance decision-making processes and improve overall business performance.

Tulip

Series B in 2017
Tulip Retail, Inc. is a cloud-based mobile platform designed specifically for retail store associates, founded in 2013 and headquartered in Toronto, Canada, with additional offices in Kitchener, London, Caerano di San Marco, and New York. The platform offers a suite of tools that empower store associates by providing real-time access to product and inventory information, customer profiles, and a variety of features for assisted selling and clienteling. Key components include a mobile associate app, checkout capabilities for omnichannel orders, and modules for streamlined store communications and look building based on customer preferences. By integrating mobile technology into the retail environment, Tulip aims to enhance the in-store shopping experience, boost sales, and improve customer service for leading retailers.

Tulip

Seed Round in 2013
Tulip Retail, Inc. is a cloud-based mobile platform designed specifically for retail store associates, founded in 2013 and headquartered in Toronto, Canada, with additional offices in Kitchener, London, Caerano di San Marco, and New York. The platform offers a suite of tools that empower store associates by providing real-time access to product and inventory information, customer profiles, and a variety of features for assisted selling and clienteling. Key components include a mobile associate app, checkout capabilities for omnichannel orders, and modules for streamlined store communications and look building based on customer preferences. By integrating mobile technology into the retail environment, Tulip aims to enhance the in-store shopping experience, boost sales, and improve customer service for leading retailers.
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