Version One Ventures

Version One Ventures is a venture capital firm based in Vancouver, British Columbia, founded in 2012. It backs mission-driven founders at the earliest stages and concentrates on consumer internet, software as a service, and mobile companies in North America. The firm focuses on building long-term partnerships with founders, providing capital and strategic guidance to help early-stage ventures reach product-market fit and scale. Its scope includes supporting companies across seed and pre-Series A rounds, with emphasis on sustainable growth, customer traction, and clear value propositions. By focusing on North American opportunities, the firm aims to back ambitious teams solving meaningful problems in technology markets.

Elton Pereira

Partner

Angela Tran

General Partner

Bob. Wertz

Founder and General Partner

Past deals in Canada

Dapper Labs

Series D in 2021
Founded in 2018, Dapper Labs develops blockchain-based platforms that bring non-fungible tokens (NFTs) and innovative digital experiences to fans worldwide. Its flagship product, NBA Top Shot, engages consumers with their favorite brands by creating communities centered around ownership and creativity.

Ada

Series C in 2021
Ada Support Inc. is a computer software company that specializes in a chatbot platform designed to enhance customer experience for enterprise businesses. Founded in 2016 and headquartered in Toronto, Canada, Ada's platform leverages artificial intelligence to enable non-technical support teams to automate responses to customer inquiries. By utilizing a web and mobile machine learning engine, the platform effectively reduces support volume and empowers customers to find answers independently. Additionally, the system is capable of learning from interactions, continuously improving its ability to address customer needs and streamline support processes.

Dapper Labs

Series C in 2021
Founded in 2018, Dapper Labs develops blockchain-based platforms that bring non-fungible tokens (NFTs) and innovative digital experiences to fans worldwide. Its flagship product, NBA Top Shot, engages consumers with their favorite brands by creating communities centered around ownership and creativity.

Dapper Labs

Venture Round in 2021
Founded in 2018, Dapper Labs develops blockchain-based platforms that bring non-fungible tokens (NFTs) and innovative digital experiences to fans worldwide. Its flagship product, NBA Top Shot, engages consumers with their favorite brands by creating communities centered around ownership and creativity.

Ada

Series B in 2020
Ada Support Inc. is a computer software company that specializes in a chatbot platform designed to enhance customer experience for enterprise businesses. Founded in 2016 and headquartered in Toronto, Canada, Ada's platform leverages artificial intelligence to enable non-technical support teams to automate responses to customer inquiries. By utilizing a web and mobile machine learning engine, the platform effectively reduces support volume and empowers customers to find answers independently. Additionally, the system is capable of learning from interactions, continuously improving its ability to address customer needs and streamline support processes.

Roost

Pre Seed Round in 2019
Roost Living, Inc. is a property management company based in Toronto, Canada, specializing in co-living spaces and long-term rentals. Established in 2018, Roost focuses on providing an end-to-end rental platform that simplifies the renting process for modern tenants, particularly targeting Gen Z and Millennial renters. The company offers a range of services, including the design, furnishing, and leasing of properties, as well as building repair services. Through the use of data and hyper-personalization, Roost aims to enhance the renting experience for both tenants and landlords, making it as convenient as booking a hotel. The company is supported by several venture capital firms and angel investors, reflecting its commitment to leveraging technology in the real estate sector.

Dapper Labs

Series A in 2019
Founded in 2018, Dapper Labs develops blockchain-based platforms that bring non-fungible tokens (NFTs) and innovative digital experiences to fans worldwide. Its flagship product, NBA Top Shot, engages consumers with their favorite brands by creating communities centered around ownership and creativity.

Ada

Series A in 2018
Ada Support Inc. is a computer software company that specializes in a chatbot platform designed to enhance customer experience for enterprise businesses. Founded in 2016 and headquartered in Toronto, Canada, Ada's platform leverages artificial intelligence to enable non-technical support teams to automate responses to customer inquiries. By utilizing a web and mobile machine learning engine, the platform effectively reduces support volume and empowers customers to find answers independently. Additionally, the system is capable of learning from interactions, continuously improving its ability to address customer needs and streamline support processes.

Dapper Labs

Series A in 2018
Founded in 2018, Dapper Labs develops blockchain-based platforms that bring non-fungible tokens (NFTs) and innovative digital experiences to fans worldwide. Its flagship product, NBA Top Shot, engages consumers with their favorite brands by creating communities centered around ownership and creativity.

Ada

Seed Round in 2017
Ada Support Inc. is a computer software company that specializes in a chatbot platform designed to enhance customer experience for enterprise businesses. Founded in 2016 and headquartered in Toronto, Canada, Ada's platform leverages artificial intelligence to enable non-technical support teams to automate responses to customer inquiries. By utilizing a web and mobile machine learning engine, the platform effectively reduces support volume and empowers customers to find answers independently. Additionally, the system is capable of learning from interactions, continuously improving its ability to address customer needs and streamline support processes.

Figure 1

Series B in 2017
Figure 1 is a Canadian company based in Toronto that specializes in developing a mobile application for sharing medical images. Founded in 2013, the company's platform allows healthcare professionals, including physicians, nurses, and medical students, to share images and case studies of patients for educational and diagnostic purposes. This facilitates global collaboration among millions of healthcare professionals, enhancing patient outcomes through real-time consultation and knowledge exchange.

Helpful

Seed Round in 2017
Helpful.com Inc. is a Canadian company that specializes in a mobile application designed to enhance communication in the workplace through video sharing. Launched in 2015 and now a subsidiary of Shopify, the platform allows users to create and share short video updates, facilitating the exchange of meeting notes, executive briefings, and travel information. This application aims to foster a more personal and engaging work environment by enabling team members to convey their thoughts and ideas with emotional nuance, using videos and images alongside traditional text. Helpful's focus is on building relationships and improving team dynamics in a distributed workforce.

Kinnek

Series B in 2015
Kinnek, Inc. is an online platform designed to assist small and medium-sized businesses in the United States and Canada with sourcing suppliers and managing their purchasing needs. Founded in 2012 in New York City, Kinnek allows businesses to create posts for the specific products they require, receive tailored quotes from suppliers, and compare these offers to make informed decisions. The platform caters to a wide range of industries, including bakery, beverage, brewery, farming, distillery, food processing, hospitality, restaurant, and winery equipment, among others. By streamlining the procurement process, Kinnek empowers small business owners to efficiently navigate the complexities of purchasing customized supplies and equipment without the need for extensive resources or dedicated purchasing teams.

Figure 1

Series A in 2015
Figure 1 is a Canadian company based in Toronto that specializes in developing a mobile application for sharing medical images. Founded in 2013, the company's platform allows healthcare professionals, including physicians, nurses, and medical students, to share images and case studies of patients for educational and diagnostic purposes. This facilitates global collaboration among millions of healthcare professionals, enhancing patient outcomes through real-time consultation and knowledge exchange.

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.

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.

Kinnek

Series A in 2014
Kinnek, Inc. is an online platform designed to assist small and medium-sized businesses in the United States and Canada with sourcing suppliers and managing their purchasing needs. Founded in 2012 in New York City, Kinnek allows businesses to create posts for the specific products they require, receive tailored quotes from suppliers, and compare these offers to make informed decisions. The platform caters to a wide range of industries, including bakery, beverage, brewery, farming, distillery, food processing, hospitality, restaurant, and winery equipment, among others. By streamlining the procurement process, Kinnek empowers small business owners to efficiently navigate the complexities of purchasing customized supplies and equipment without the need for extensive resources or dedicated purchasing teams.

Figure 1

Series A in 2014
Figure 1 is a Canadian company based in Toronto that specializes in developing a mobile application for sharing medical images. Founded in 2013, the company's platform allows healthcare professionals, including physicians, nurses, and medical students, to share images and case studies of patients for educational and diagnostic purposes. This facilitates global collaboration among millions of healthcare professionals, enhancing patient outcomes through real-time consultation and knowledge exchange.

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.

Wattpad

Series C in 2014
Wattpad is a digital entertainment company based in Toronto, Ontario, founded in 2006 by Allen Lau and Ivan Yuen. It operates an online social storytelling platform that connects a global community of over 65 million users who engage with original stories for more than 20 billion minutes each month. The flagship app allows users to read and write stories, fostering collaboration through comments and multimedia features. In addition to its main platform, Wattpad has developed Tap, a product offering short, chat-based stories in multiple languages. The company also includes Wattpad Studios, which collaborates with industry partners to adapt stories for film, television, digital, and print formats. Furthermore, Wattpad Brand Solutions provides advertising products aimed at engaging Millennial and Gen Z audiences.

Clio

Series C in 2014
Clio offers a cloud-based practice management platform for law firms, delivering web-based tools for client management, case tracking, time and billing, document management, and collaboration. The platform streamlines day-to-day operations for solo practitioners and small law firms, enabling efficient case administration, secure client communication, and integrated workflows.

Figure 1

Seed Round in 2013
Figure 1 is a Canadian company based in Toronto that specializes in developing a mobile application for sharing medical images. Founded in 2013, the company's platform allows healthcare professionals, including physicians, nurses, and medical students, to share images and case studies of patients for educational and diagnostic purposes. This facilitates global collaboration among millions of healthcare professionals, enhancing patient outcomes through real-time consultation and knowledge exchange.

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.

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.

Kinnek

Seed Round in 2012
Kinnek, Inc. is an online platform designed to assist small and medium-sized businesses in the United States and Canada with sourcing suppliers and managing their purchasing needs. Founded in 2012 in New York City, Kinnek allows businesses to create posts for the specific products they require, receive tailored quotes from suppliers, and compare these offers to make informed decisions. The platform caters to a wide range of industries, including bakery, beverage, brewery, farming, distillery, food processing, hospitality, restaurant, and winery equipment, among others. By streamlining the procurement process, Kinnek empowers small business owners to efficiently navigate the complexities of purchasing customized supplies and equipment without the need for extensive resources or dedicated purchasing teams.

Clarity

Seed Round in 2012
Clarity Inc. is a San Francisco-based company founded in 2012 that operates a web-based social networking platform designed to connect entrepreneurs with industry experts for advice on business challenges. The platform facilitates phone consultations, allowing users to conduct market research, receive strategic business guidance, and acquire specialized skills necessary for business growth. With a network of over 30,000 verified experts, including successful entrepreneurs, Clarity provides entrepreneurs with access to invaluable insights and knowledge tailored to their specific needs. The company also offers a mobile application for call scheduling and management, enhancing the user experience. In addition to its headquarters in San Francisco, Clarity has an office in Moncton, Canada, and operates as a subsidiary of Fundable LLC.

Wattpad

Series A in 2011
Wattpad is a digital entertainment company based in Toronto, Ontario, founded in 2006 by Allen Lau and Ivan Yuen. It operates an online social storytelling platform that connects a global community of over 65 million users who engage with original stories for more than 20 billion minutes each month. The flagship app allows users to read and write stories, fostering collaboration through comments and multimedia features. In addition to its main platform, Wattpad has developed Tap, a product offering short, chat-based stories in multiple languages. The company also includes Wattpad Studios, which collaborates with industry partners to adapt stories for film, television, digital, and print formats. Furthermore, Wattpad Brand Solutions provides advertising products aimed at engaging Millennial and Gen Z audiences.

Summify

Seed Round in 2010
Summify offers a service that provides daily summaries of users’ social news feed via email, web or mobile. This service is accessible to individuals via Twitter, Facebook, and Google Reader accounts. Summify is headquartered in Vancouver, Canada.

TeamPages

Series B in 2009
TeamPages Inc. is a software company that specializes in online management tools for athletic teams, leagues, and clubs. Established in 2006 and based in Vancouver, Canada, TeamPages provides a comprehensive platform that allows coaches, parents, athletes, and team managers to efficiently manage schedules, communicate updates, and share information. Its features include website creation, online registration, text and email messaging, and mobile applications for both iPhone and Android devices. The platform centralizes communication and administrative tasks, enabling users to post schedules, scores, announcements, and multimedia content in one accessible location. TeamPages operates as a subsidiary of Active Network, LLC, further enhancing its capabilities and reach within the sports management sector.
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