Fundraising in Canada is one of the most challenging tasks for founders. Canada’s landscape is radically different from its U.S. counterpart. In the latest report mapping out Canada’s Startup Ecosystem, which we released last week, there are more startup accelerators and incubators in Canada than venture capital firms. Canada needs more full-time entrepreneurs than ever, and funding at the very early stage massively helps the whole ecosystem. Early-stage funding fuels the next generation of companies in Canada, creating new jobs and economic growth in the community.
In this post, we bring you the list of Venture Capital Firms in Canada. This list aims to act as a guide for founders as they start their fundraising efforts and navigate the Canadian startup ecosystem. Each venture capital firm is unique in its thesis and how it works with startups. Check it out below.
In this post, we bring you the list of Venture Capital Firms in Canada. This list aims to act as a guide for founders as they start their fundraising effort and navigate the Canadian startup ecosystem. Each venture capital firm is unique in their thesis and how they work with startups. Check out it below here.
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|Thin Air Labs
|Archangel Network of Funds
|Two Small Fish Ventures
|Mistral Venture Partners
|Front Row Ventures
|Good News Ventures
|District Ventures Capital
|Celtic House Venture Partners
|Mantella Venture Partners
|Information Venture Partners
|First Ascent Ventures
|ScaleUP Venture Partners
|Stand Up Ventures
|Framework Venture Partners
|Active Impact Investments
|Chrysalix Venture Capital
|7 Gate Ventures
|Ferst Capital Partners
|Allied Venture Partners
|Rogue Insight Capital
|Ethical Capital Partners
|Quantum Valley Investments
|Raven Indigenous Capital Partners
|BDC Venture Capital
|Toronto Innovation Acceleration Partners
|MaRS Investment Accelerator Fund
|Gibraltar & Company
|Alignvest Management Corporation
1. IX Labs
There’s no doubt that AI is the biggest revolution of our time. IX Labs is the venture capital arm of Index Exchange that invests in pre-seed and seed-stage startups using data and artificial intelligence to solve problems. It is led by Mayuran Yogarajah, who previously led the Engineering team at Index Exchange. Mayuran also writes an editorial column on AI and startups for FoundersPress.
2. Thin Air Labs
Founded by James Lochrie, who previously found success with the Wave accounting software platform, Thin Air Labs is based in Calgary and invests in numerous tech companies in the area.
3. Archangel Network of Funds
Archangel Network of Funds is a network that invests in startups. One of the major funds is Phoenix Fire, an angel-stage investment fund that applies a systematic, disciplined approach to investing in women entrepreneurs across Canada. This fund is led by Danielle Brewin Graham who previously led the Fierce Founders Program for female founders.
4. Real Ventures
One of the major accelerators in Montreal is called Founder Fuel, led by Real Ventures, a VC firm that believes in supporting founders from day one and helping them scale themselves as they scale their businesses. For more information on Founder Fuel check out the complete guide to Canada’s Startup Accelerators and Incubators.
5. Diagram Ventures
Based out of Montreal, Diagram Ventures is a venture builder that conceives and launches technology companies in the financial services, insurance, and health industries.
6. OMERS Ventures
OMERS is Ontario Municipal Employees’ Retirement System. OMERS ventures is a global early-stage tech investor.
7. Golden Ventures
Golden Ventures is one of the leading seed-stage venture capital fund, investing across North America. Some notable companies from Golden Ventures include Wattpad.
Founded by Bruce Croxon to address the market opportunity created by the lack of funding available to growth-stage digital companies, Round13 is led by Bruce Croxon, a former Dragon’s Den judge and venture capitalist. The inspiration behind the name comes from boxing.
9. Alate Partners
Real estate startups are on a rise. Alate is an early-stage venture capital fund focused on real estate technology.
10. Storytime Capital
Storytime Capital invest in founders who are innovators in the future of work. If you’ve got an exciting idea in this area check out their portfolio companies.
About the Author
Eric Rafat is a passionate founder with expertise in startups, building high-performing teams, and growth marketing. He is a top ranked tennis player and is always up for a conversation about startups and tech. Connect with Eric here.