FJ Labs is a New York-based venture capital firm founded in 2015 by Fabrice Grinda. It is stage-agnostic and focuses on marketplaces and consumer-facing startups, making seed and Series A investments. Typical checks range from 50,000 to 5,000,000 dollars. The firm supports early-stage companies across sectors such as e-commerce, fintech, ad tech, mobile, and software-as-a-service, seeking opportunities with high growth potential in the United States and internationally. Its portfolio includes a mix of consumer brands and marketplace platforms, reflecting an emphasis on business models that connect buyers and sellers or enable direct consumer experiences. FJ Labs aims to back entrepreneurs building scalable, disruptively positioned products and services, often partnering with founders early in their development to help accelerate growth.
Trellis Capital is a Toronto-based venture capital firm that provides equity-related growth capital to Canadian technology companies across sectors including IT infrastructure, industrial technologies, advanced materials, cleantech, semiconductors, robotics and energy applications. Founded in 2000, the firm typically targets small to mid-sized companies, investing roughly CAD 0.5–2 million per opportunity and occasionally larger amounts, with provisions for equity-related securities and board participation. Beyond capital, it offers strategic guidance, expertise, and a network to help portfolio companies expand domestically and internationally, including potential growth into India. The firm emphasizes proprietary technology and competitive differentiation as criteria, and focuses on Canadian firms, often around the Greater Toronto Area, seeking to accelerate growth, scale operations, and commercialize innovative solutions.
Freycinet Ventures is a Toronto-based venture capital firm founded in 2013 that invests in high-impact Canadian ventures. It focuses on technology, food, water, and health-tech companies within the Toronto-Waterloo corridor. The firm supports portfolio companies through financial investment, mentorship, and access to professional networks. Portfolio companies work directly with the firm's leadership, including Chief Investment Officer and President James Appleyard, to guide strategic and operational decisions.
Impression Ventures is a Toronto-based venture capital firm founded in 2013 that focuses on fintech and related technology companies in North America. It backs seed and early-stage startups, often participating in Series A and B rounds and serving as a lead investor where appropriate. The firm targets opportunities in financial technologies and software solutions across sectors such as consumer, SMB, enterprise, e-commerce, and online financial services, and it provides follow-on financing to portfolio companies. While its primary emphasis is fintech, it also supports broader technology initiatives in financial applications, SaaS, and related services. The company aims to invest in Canadian startups in Ontario, including Toronto and Ottawa, as well as broader North American fintech ventures.
Kale Investment Fund is a venture capital investment firm headquartered in Toronto, Canada. Founded in 2021, it provides capital and coaching solutions to disruptive companies.
Innovation Grade is a Canadian company that provides advisory services in marketing, operations and business development, supporting growth-oriented clients with practical guidance. It also operates a venture investment arm, Innovation Grade Ventures, based in Toronto, that focuses on early-stage opportunities in software-as-a-service B2B companies as well as sectors such as healthcare, education, environment and media.
Toronto Innovation Acceleration Partners is a non-profit venture capital investment firm established in 2018 and located in Toronto, Ontario. The organization focuses on accelerating the commercialization of health science technology companies across Canada. It acts as a bridge between research institutions and market opportunities, leveraging intellectual property and discovery assets to foster innovation. By conducting thorough due diligence and project management, Toronto Innovation Acceleration Partners identifies and develops high-potential opportunities, facilitating their transformation into viable companies. This approach aims to enhance the commercialization landscape in Toronto and support the growth of the health technology sector in Canada.
Extreme Venture Partners is a Toronto-based venture capital firm founded in 2007 that concentrates on early-stage technology investments in Canada, with a focus on the Toronto-Waterloo corridor. It backs pre-seed to seed-stage companies operating in sectors such as internet, mobile, cloud computing, big data, machine learning, analytics, and the Internet of Things, including robotics, drones, wearable tech, and connected devices, often targeting pre-revenue or expanding businesses. The firm typically makes equity investments ranging from CAD 0.25 million to CAD 1.5 million.
NorthSpring Capital Partners is a private equity and venture capital firm founded in 2009 and based in Cambridge, Ontario, Canada. It provides risk capital to small and medium-sized enterprises with the aim of creating value, typically investing between 250,000 and 1,000,000 in subordinated debt and/or minority equity across manufacturing, processing, wholesale, and distribution sectors in Southern Ontario, including opportunities within a short drive of Toronto. The firm supports a range of opportunities, including early-stage technology startups, growth capital, acquisitions, and select turnarounds, and offers mezzanine financing. Investments are structured flexibly to fit the business and do not involve day-to-day control. It seeks to exit investments within one to five years, often by selling shares back to management, and focuses on firms with potential for scalable growth in the regional economy.
Difference Capital Financial Inc. is a Toronto-based publicly listed specialty finance company focused on creating shareholder value through strategic investments in growth companies and advisory services, with emphasis on technology and media sectors, as well as opportunistic investments in undervalued financial assets and real property.
Golden Ventures is a seed-stage venture capital firm based in Toronto, Canada, investing across North America. The firm backs founders building the future, taking early bets on talented, driven teams across sectors such as software, fintech, marketplaces, consumer products and services, education, energy, media, ecommerce, gaming, and related technology-enabled businesses. Founded in 2011, Golden Ventures focuses on seed investments in the United States and Canada and pursues opportunities across a broad range of industries, with emphasis on technology-driven platforms and early-stage companies.
Teachers’ Venture Growth is the venture fund associated with the Ontario Teachers’ Pension Plan Board, focusing on late-stage venture and growth equity investments. The fund targets innovative technology companies driven by entrepreneurs who aim to create a positive impact on society and the environment. As part of the Ontario Teachers' Pension Plan, which was established in 1917 and is based in Toronto, Teachers’ Venture Growth seeks to align its investment strategy with its mission of fostering sustainable development while generating financial returns for its stakeholders.
Established in 2020, Leva Capital is a Toronto-based investment firm focusing on the healthcare sector in Canada. It supports privately owned businesses ranging from startups to medium-sized companies.
CoPower is a Canadian online platform that simplifies clean energy investing by connecting investors with energy efficiency and renewable energy projects that offer solid returns and measurable environmental impact. Founded in 2013 and based in Toronto, the company has facilitated over $2.5 million in clean energy loans since 2014. It is a certified B Corporation. The firm was acquired by the Vancity Community Investment Bank, reflecting its focus on funding and financing clean energy initiatives.
Bryker Capital is a Toronto-based venture capital firm that concentrates on seed- and early-stage investments in fintech and software companies located in the Greater Toronto Area. The firm emphasizes transaction-based software and fintech opportunities, leveraging a strong Greater Toronto Area network to support portfolio companies as they scale from seed to Series A.
Lake Bridge Capital is an investment firm established in 2016 that operates as a private investment fund, applying capital and driving operational focus to support portfolio companies' strategic growth.
BlackTech Capital is a Toronto-based venture capital firm established in 2021 that invests in companies operating in carbon capture, sustainability, circular economy, health tech, climate tech, and cleantech sectors.
Ramen Ventures, founded in 2016 and based in Toronto, Canada, is an angel investment group dedicated to helping startups progress from the prototype stage to achieving ramen profitability. The firm focuses on a diverse range of sectors, including aerospace, biotechnology, clean technology, financial technology, health, software as a service (SaaS), artificial intelligence, augmented reality, and virtual reality. By providing strategic support and funding, Ramen Ventures aims to foster innovation and growth in these emerging industries.
Clanton Capital is a venture capital firm established in 2018 and based in Toronto, Canada. The company specializes in early-stage investments in real estate technology, primarily targeting opportunities in the United States, Canada, and Israel. Clanton Capital aims to generate significant long-term capital appreciation for its investors by utilizing its extensive industry knowledge and operational expertise, as well as leveraging a broad network of thought leadership within the sector.
Intrepid Growth Partners is a growth equity firm based in Toronto that targets growth-stage companies applying or enabling artificial intelligence. It provides growth capital and actively supports AI leaders at the growth stage, backed by a team of seasoned investors with extensive backgrounds at globally recognized institutions and more than thirty years of investment experience.
Founded in 2018, Active Impact Investments is a Vancouver-based venture capital firm dedicated to supporting environmental sustainability through profitable investment. It manages three funds with over $140M in assets, focusing on early-stage climate tech companies with significant growth potential and revenues between $200K to $3M.
Celtic House Venture Partners is an independent Canadian investment firm based in Ottawa and Toronto. Founded in 1994, the firm focuses on technology and innovation, investing in software, digital media, communications, wireless, networking, and information technology sectors in Canada and the United States. It partners with management teams and repeat entrepreneurs to build technology companies from inception through to exit, with a track record that includes multiple IPOs and acquisitions. The firm manages several venture funds and supports growth across early and growth stages, often backing developers and entrepreneurs at the intersection of connectivity, automation, and network management. Celtic House emphasizes hands-on collaboration and sector expertise to identify and nurture promising technology companies.
Mitsubishi UFJ Capital is a Tokyo-based venture capital firm established in 1974 with additional offices in Osaka and Nagoya. It focuses on seed, development stage, and startup investments across healthcare, life sciences, biotechnology, information technology, electronics, artificial intelligence, fintech, SaaS, and other high-technology sectors, with an emphasis on the Japanese market and relevance to Japan. The firm also engages in investment syndication for Japanese opportunities.
BDC Venture Capital is a major Canadian venture capital investor that supports technology-based startups from seed through expansion. It provides financing, consulting services and securitization to help build strong Canadian businesses, with a focus on small and medium-sized enterprises and high growth potential. Established in 1975, it has invested in more than 400 companies spanning life sciences, telecommunications, information technology and advanced technologies, aiming to help Canadian companies become dominant players in their markets.
Gibraltar Ventures is a Toronto-based venture capital firm founded in 2013 that funds early- to mid-stage technology-driven companies serving consumers and small- to medium-sized businesses in Canada and the United States. It focuses on technology-enabled sectors such as consumer services, information technology, SaaS, e-commerce, and mobile, and provides capital alongside strategic support to accelerate growth, including go-to-market guidance and access to senior decision-makers to open new channels. The firm participates in growth equity and debt financing, including venture debt and expansion capital, with a typical multi-year holding period and emphasis on Series A and B rounds to scale portfolio companies.
Whitecap Venture Partners is a Toronto-based venture capital firm that funds early-stage technology companies in Canada and the Northeastern United States. The firm targets information and communication technology, medical technology, and food technology, and commonly provides seed and early-stage financing, with initial investments typically CAD 2-5 million and follow-on commitments up to CAD 15 million. It backs a broad range of sectors, including software, healthcare, fintech, manufacturing, and consumer technology.
Differential Ventures is a New York-based venture capital firm that backs early-stage B2B technology companies, with a focus on data-driven and machine intelligence solutions. Founded in 2017, it participates in pre-seed to growth rounds across the United States, Canada, and Israel, while pursuing a global reach and a particular emphasis on the East Coast. Investments span software, artificial intelligence, machine learning, data analytics, fintech, cybersecurity, and related infrastructure, with typical allocations from 250,000 to 1,000,000.
BrandProject is a venture capital firm headquartered in Toronto (with a presence in New York City) that concentrates on early-stage investments in consumer products, consumer services, marketplaces, and technology companies across the United States and Canada. The firm typically acts as the first venture money in a round and is often the sole investor. It backs innovative brands in areas such as consumer goods, healthcare, leisure, retail, and technology-related sectors, supporting portfolio companies through early growth to scale.
Relay Ventures is a venture capital firm based in Toronto, Canada, founded in 2010. It concentrates on early-stage to growth investments in North America, with a primary focus on mobile technology and software for mobile devices and the connected Internet, including applications and services in mobile commerce, payments, advertising, enterprise software, communications, social networking, location-based services, and related mobile ecosystems. The firm seeks opportunities across the mobile computing spectrum and related software and services, supporting startups from seed to expansion. Relay operates with additional offices in San Francisco and Calgary to support its North American portfolio.
Aozora Corporate Investment is the corporate venture capital arm of Aozora Bank in Tokyo, Japan. It invests in Japanese small and medium-sized enterprises to support domestic growth.
Georgian Partners is a Toronto-based venture capital firm, founded in 2008, that invests in expansion and late-stage information-intensive software companies across North America. The firm backs its portfolio with a team of operators, entrepreneurs, and investment professionals to help CEOs scale, leveraging data-driven insights and information aggregation to support growth, product development, and go-to-market initiatives.
Flight Deck Capital is a venture capital firm headquartered in San Francisco that invests globally in disruptive public and private companies across the U.S., Japan, Korea, Southeast Asia, Latin America, China, and Europe. Founded by Jay Kahn in 2020, the firm focuses on technology, media, and telecommunications sectors.
Craft Ventures is a San Francisco-based venture capital firm founded in 2017 that focuses on early-stage and growth investments to help build innovative companies. The firm backs teams with strong leadership and scalable business models across sectors including software, e-commerce, consumer and enterprise technology, information technology, and fintech, with additional interest in cryptocurrency and blockchain ventures. It combines entrepreneurial experience with investment acumen to identify next generation world-changing companies and provides strategic guidance and operational support to help founders scale.
Orion Resource Partners is an investment firm that provides flexible capital solutions to mining and natural resources companies worldwide. The firm focuses on debt, structured equity, and production-linked financing for base and precious metals projects, and also utilizes off-take arrangements, streaming, and royalties as part of its financing approach. With a disciplined, risk-adjusted investment process, Orion evaluates opportunities across publicly traded and private entities in the metals and materials sectors and offers capital solutions tailored to project development, production timelines, and capital structure needs. Headquartered in New York, the firm serves clients globally, aiming to align financing with value creation in mining ventures.
Portage Ventures is a Toronto-based global fintech-focused venture capital firm that concentrates on early-stage investments in promising Canadian financial technology companies with potential for global impact. Founded in 2016, the firm backs fintech and financial services startups pursuing innovations such as digital wealth management, insurance technology, and AI-enabled financial services, with a portfolio that spans Canada, the United States, and Europe.
Versant Ventures is a healthcare-focused venture capital firm founded in 1999 and based in San Francisco, with offices in Canada, the United States and Europe. The firm invests across the healthcare sector at all stages, with an emphasis on discovery and development of novel therapeutics, and portfolios spanning biotechnology, pharmaceuticals, life sciences, healthcare devices and healthtech. Versant combines deep investment, operating and scientific expertise to support entrepreneurs through hands-on company building. It has backed more than 65 portfolio companies that have achieved acquisitions or IPOs.
Hard Yaka is an investment firm based in Crystal Bay, Nevada. It engages in private equity and venture investments, focusing on technology and financial services sectors, including early-stage investments in exchange-related startups and opportunities in buyouts and distressed assets, often pursuing majority stakes.
Frontline Ventures is a venture capital firm headquartered in Dublin, Ireland, with offices in London and San Francisco, that backs globally ambitious business-to-business software companies across the United States and Europe. Founded in 2012, it supports startups from inception to growth through its early-stage and growth programs, leveraging a team of entrepreneur-investors to help portfolio companies navigate cross-border expansion. The firm emphasizes value-added support over capital quantity, drawing on a global network of experienced operators and advisors to assist founders at pivotal moments and drive scalable growth in B2B software businesses.
Compass Technology Partners is a California-based venture capital firm founded in 1988 that invests in emerging technology companies across various stages, with a preference for startups and early-stage ventures. It focuses on developers of new technologies and innovative applications in silicon-related technologies, life sciences, communications and information technologies, software, optoelectronics, and other enabling technologies. The firm also explores opportunities in biotechnology that leverage mature semiconductor manufacturing, including lab-on-a-chip devices, sensors, medical devices, and related laboratory instruments.
Signal Lake is a private equity and venture capital firm that invests across incubation, seed and later-stage ventures in technology companies. The firm focuses on software, communications and networking, broadband telecom, network infrastructure, information technology, cloud computing, embedded systems, semiconductors and green energy. It pursues global investment opportunities from a Northeast United States base, with offices in Westport, Connecticut and Boston, Massachusetts.
WI Harper Group is a San Francisco-based venture capital firm with a China-focused footprint, including offices in Beijing and Taipei. Founded in 1993, it invests in startup companies across the United States, Greater China, and the Asia Pacific in sectors such as healthcare, biotechnology, artificial intelligence, robotics, fintech, sustainability, and new media. The firm targets early and expansion-stage opportunities, supporting companies from seed to later rounds and helping bridge U.S. and Greater China markets through cross-border expertise.
Bessemer Venture Partners is a global venture capital firm founded in 1911 and headquartered in Redwood City, California. It backs startups across seed to growth stages, focusing on software, cloud, cybersecurity, fintech, consumer and healthcare technologies, and high-growth business models. The firm operates internationally, supporting portfolio companies from early product development through scale, and has backed well-known names such as Pinterest, Shopify, Twilio, Yelp, LinkedIn, Wix and others. BVP emphasizes helping founders establish durable foundations and guides companies through multiple growth phases, leveraging hands-on operational support, strategic networks, and cross-border expertise. With a diversified approach that includes consumer, enterprise and deep-tech investments, the firm seeks to build lasting companies that matter across global markets.
Industry Ventures is a San Francisco-based investment firm that specializes in venture capital liquidity solutions and fund investments. Founded in 2000, the firm manages over eight billion dollars in assets and pursues a flexible, multi-strategy approach that includes secondary investments, primary commitments, and funds of funds in the private technology sector. It operates a global network with offices in San Francisco, Washington DC, and London to connect limited partners with venture capital opportunities and to support smaller venture funds and growth-stage investments. Industry Ventures’ platform emphasizes access to later-stage secondaries and technology growth equity, aiming to provide liquidity options and diversified exposure within the venture ecosystem.
Real Ventures is a Montreal-based venture capital firm founded in 2007 that concentrates on early-stage technology startups in Canada. It supports ambitious entrepreneurs by offering stage-specific guidance, mentorship, and access to networks and resources to accelerate growth, helping founders navigate product development, market entry, and fundraising. Through its ecosystem focus, Real Ventures aims to strengthen the Canadian startup environment by backing promising companies with global growth potential.
Maveron is a Seattle-based venture capital firm founded in 1998 by Dan Levitan and Howard Schultz. The firm, with additional offices in San Francisco and New York, focuses on seed to growth-stage investments in consumer-focused companies across the United States. Maveron backs early-stage and later-stage consumer technology, retail and services businesses that empower consumers to live on their terms, investing selectively and often taking a lead role. Its portfolio has included consumer brands such as Zulily, Allbirds, General Assembly and Trupanion, among others. With about 800 million dollars under management, Maveron pursues opportunities across sectors including housing, education, health and wellness, e-commerce and other consumer-centric tech, and looks for differentiated brands and direct-to-consumer or innovative consumer models. The firm emphasizes partnering with entrepreneurs to build scalable consumer businesses and maintains a focus on the consumer continuum, from startups to growth-stage companies.
Altos Ventures is a Menlo Park-based venture capital firm, founded in 1996, with an office in Seoul. It concentrates on early-stage investments in consumer and technology companies, including software and TMT, with emphasis on founder-led, capital-efficient businesses. The firm backs companies across the globe, primarily in the United States and Asia, and participates in multiple stages from seed to later rounds, often taking minority stakes and supporting growth through follow-on funding.
Inovia Capital is a Montreal-based venture capital firm established in 2007 that backs technology founders with global ambitions. It operates as a full-stack investor, providing capital, mentorship, and access to a worldwide network to support early- and growth-stage software startups. The firm targets software-driven companies across North America and Europe, including business-to-business and business-to-consumer SaaS, as well as sectors such as commerce, digital health, enterprise platforms, the future of work, security, travel, and hospitality, along with applied services and infrastructure. It emphasizes forming long-term partnerships and helping portfolio companies scale internationally.
HCS Capital Partners is a Miami-based venture capital and private equity firm with offices in Santiago and Tel Aviv. Founded in 2016, the firm invests across technology, financial services, life sciences, big data, health tech and e-commerce sectors, targeting opportunities in Latin America, North America and Israel. It supports portfolio companies by helping sharpen strategy, optimize information technology decisions, and scale rapidly.
Initialized Capital is a San Francisco-based venture capital firm founded in 2012 that concentrates on early-stage technology investments, with a focus on seed opportunities. It manages multiple funds and has a team of investing partners, supporting technology startups through the initial funding stages.
Two Small Fish Ventures is a Toronto-based venture capital firm founded in 2014. It supports founders across seed, early, and later stages in Canada and the United States, with a focus on artificial intelligence, blockchain, consumer, enterprise, and technology sectors. The firm emphasizes hands-on investing from engineers and experienced operators, leveraging the partners’ track records as serial entrepreneurs with multiple exits to help the next generation of founders. The firm aims to recycle experience, knowledge, and capital gathered from previous ventures to back ambitious startups.