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7 Leading Venture Capital Firms in Calgary

By 
Nicolás Cerdeira
 | 
Updated: 
November 9, 2022
 | 
Early StepsFundsPeopleProductFailureStoriesGrowthReviewsResourcesVC Firms

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The venture capital ecosystem in Calgary has undergone major growth over the last decade.

In this article, you will find some of the top venture capital firms in Calgary investing across various sectors and industries.

7 Venture Capital Firms in Calgary

1) Inovia Capital

Inovia Capital

Inovia Capital backs founders building global technology companies from seed to IPO stages.

Details of the VC firm:

  • Country: Canada, USA, United Kingdom
  • City: Montréal, Toronto, Calgary, San Francisco, London
  • Started in: 2007
  • Founders: Chris Arsenault
  • Industries: Internet & Mobile, SaaS, Robotics, Crypto & Blockchain, Cybersecurity, Healthcare
  • Stages: Early Stage, Late Stage
  • Number of investments: 284
  • Number of exits: 52
  • Funds raised: $2,100,000,000
  • 3 remarkable investments: North, Tracktik, Milestone Pharmaceuticals

You can find their website here.

You can send them an email at info@inovia.vc.

2) Relay Ventures

Relay Ventures

Relay Ventures is a VC firm that focuses on seed and series A startups in Canada and North America.

Details of the VC firm:

  • Country: Canada, USA
  • City: Toronto, Calgary, San Francisco
  • Started in: 2008
  • Founders: John Albright, Kevin Talbot
  • Industries: AI & ML, Hardware, Robotics, Proptech & Real Estate, Fintech, Sports, SaaS
  • Stages: Seed, Series A
  • Minimum check size: $500,000
  • Maximum check size: $12,000,000
  • Number of investments: 174
  • Number of exits: 50
  • Funds raised: $15,000,000
  • 3 remarkable investments: Luma, Circle Media, Bird

You can find their website here.

You can send them an email at toronto@relayventures.com.

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3) Panache Ventures

Panache Ventures

Panache Ventures is a venture capital firm financing pre-seed and seed-stage companies across diverse industries.

Details of the VC firm:

  • Country: Canada
  • City: Montréal, Vancouver, Toronto, Calgary
  • Started in: 2017
  • Founders: Mike Cegelski
  • Industries: AI & ML, Crypto & Blockchain, Cybersecurity, Devops, Media, E-Commerce, Fintech, Gaming, Healthcare, InsurTech, IoT, Supply Chain & Logistics, SaaS, Health & Wellness, Education, Climate & Sustainability, Energy
  • Stages: Seed, Pre-Seed
  • Minimum check size: $250,000
  • Maximum check size: $1,000,000
  • Number of investments: 98
  • Number of exits: 3
  • Funds raised: $58,000,000
  • 3 remarkable investments: Lane, Ehsai, Proof

You can find their website here.

You can send them an email at info@panache.vc.

4) Yaletown Partners

Yaletown Partners

Yaletown Partners is a VC fund that supports growth-stage technology companies in Canada.

Details of the VC firm:

  • Country: Canada
  • City: Vancouver, Calgary, Toronto, Montréal
  • Started in: 2001
  • Founders: Hans Knapp, Steve Hnatiuk
  • Industries: AI & ML, IoT, SaaS
  • Stages: Series A, Late Stage, Series B
  • Minimum check size: $2,000,000
  • Maximum check size: $5,000,000
  • Number of investments: 75
  • Number of exits: 19
  • Funds raised: $110,000,000
  • 3 remarkable investments: Finn Ai, Tasktop, Food.ee

You can find their website here.

You can send them an email at info@yaletown.com.

5) Allied Venture Partners

Allied Venture Partners

Allied Venture Partners is a Canadian angel investor group funding early-stage software and tech companies across North America.

Details of the VC firm:

  • Country: USA, Canada
  • City: Calgary
  • Started in: 2020
  • Founders: Matthew Wilson
  • Industries: SaaS
  • Stages: Seed, Series A
  • Minimum check size: $100,000
  • Maximum check size: $350,000
  • Number of investments: 58
  • Number of exits: 7
  • 3 remarkable investments: Growrk, Bundle, Tiliter

You can find their website here.

You can send them an email at matt@allied.vc.

6) District Venture Capital

District Venture Capital

District Venture Capital invests in Canadian startups in the food & beverage and health & wellness sectors.

Details of the VC firm:

  • Country: Canada, USA
  • City: Toronto, Calgary
  • Started in: 2016
  • Founders: Arlene Dickinson
  • Industries: Food & Beverage, Health & Wellness
  • Stages: Early Stage
  • Minimum check size: $2,000,000
  • Maximum check size: $10,000,000
  • Number of investments: 20
  • Funds raised: $100,000,000
  • 3 remarkable investments: Neo, Chickapea, Premama

You can find their website here.

You can send them an email at contact@districtventurescapital.com.

7) CE Venture Capital

CE Venture Capital

CE Venture Capital is a VC firm supporting entrepreneurs ready for cross-boarder expansion.

Details of the VC firm:

  • Country: Canada, China
  • City: Vancouver, Calgary, Hangzhou
  • Started in: 2017
  • Founders: Bruce Hong
  • Industries: Climate & Sustainability, Biotech, AI & ML, Smart Cities
  • Stages: Late Stage
  • 3 remarkable investments: Vyrill, InsiderSherpa, Askdata

You can find their website here.

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