Canada's venture capital scene is full of opportunity for founders with ambitious ideas. Firms across the country are actively funding companies in many different industries.
Some investors, like BDC Venture Capital, have backed over 700 companies, while others such as Inovia Capital have seen more than 75 successful exits. This mix of established and newer funds makes it a great time to be building a business in the country.
Below is our list of the best 77 VC firms in Canada.
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Buy It For $97 $297 →Inovia Capital partners with founders from seed to late stage, helping them build enduring technology companies in sectors like SaaS, robotics, and healthcare. Drawing on their experience as operators, the team offers mentorship and access to a global network for portfolio companies such as North and Tracktik.
| Headquarters | Montréal, Quebec, Canada |
| Year Founded | 2007 |
| Founders | Chris Arsenault |
| Total Funding | $2.1B |
| Industries | Internet & Mobile, SaaS, Robotics, Crypto & Blockchain, Cybersecurity, Healthcare |
| Investment Stage | Debt, Early Stage, Late Stage, Seed |
| Nº of Investments | 357 (128 as Lead Investor) |
| Nº of Exits | 75 (5 IPO'd) |
| Top Portfolio Startups | North, Tracktik, Milestone Pharmaceuticals |
| Contact | info@inovia.vc / +1 514-982-2251 |
Radical Ventures invests in early-stage entrepreneurs applying deep technology, with a primary focus on artificial intelligence, to transform massive industries. The firm partners with founders with global ambition to build enduring companies.
| Headquarters | Toronto, Ontario, Canada |
| Year Founded | 2017 |
| Founders | Benji Sucher, Jordan Jacobs, Maks Volkovs, Tomi Poutanen |
| Investment Stage | Early Stage, Late Stage, Seed |
| Nº of Investments | 107 (49 as Lead Investor) |
| Nº of Exits | 13 |
| Contact | +1 416-923-3900 |
Fonds de solidarité FTQ channels the savings of Quebecers into the province's small and medium-sized businesses, offering flexible financing that spans from early-stage venture capital to succession and buyout support. The fund's primary goal is to drive Québec's economic development, creating and maintaining jobs by backing companies in numerous industries through growth, modernization, and ownership changes.
| Headquarters | Montréal, Quebec, Canada |
| Year Founded | 1983 |
| Founders | — |
| Investment Stage | Debt, Early Stage, Late Stage, Non Equity Assistance, Post-Ipo, Seed |
| Nº of Investments | 318 (132 as Lead Investor) |
| Nº of Exits | 78 (35 IPO'd) |
| Contact | infoinvestissement@fondsftq.com / 514-383-8383 |
Golden Ventures provides seed-stage capital to ambitious founders across North America. The firm focuses on taking early risks with resilient teams, building a portfolio that includes successes like Skipthedishes.
| Headquarters | Toronto, Ontario, Canada |
| Year Founded | 2011 |
| Founders | Matt Golden |
| Total Funding | $230.9M |
| Average Check Size | $2M |
| Industries | Consumer, Crypto & Blockchain, Education, Gaming, Fintech, Food & Beverage, Life Sciences, Media, Manufacturing, Sports |
| Investment Stage | Early Stage, Late Stage, Seed |
| Nº of Investments | 181 (34 as Lead Investor) |
| Nº of Exits | 28 |
| Top Portfolio Startups | Skipthedishes, Joist, Inkbox |
| Contact | (415) 986-8888 |
Georgian invests in high-growth software companies that use data trustworthily, including well-known names like Shopify. They accelerate growth through a proprietary platform that takes a data-first approach to solving key challenges for CEOs.
| Headquarters | Toronto, Ontario, Canada |
| Year Founded | 2008 |
| Founders | John Berton, Justin LaFayette, Simon Chong |
| Total Funding | $2B |
| Average Check Size | $75M |
| Industries | Fintech, AI & ML |
| Investment Stage | Convertible Note, Early Stage, Grant, Seed, Series B, Series C, Growth |
| Nº of Investments | 143 (89 as Lead Investor) |
| Nº of Exits | 29 (2 IPO'd) |
| Top Portfolio Startups | Shopify, Armis Security, Disco |
| Contact | info@georgian.io / 416-868-1514 |
Ventures Platform is a discovery fund that invests early in mission-driven founders building capital-efficient platforms to improve livelihoods across Africa. Their portfolio supports companies that democratize prosperity and plug infrastructural gaps, and includes the fintech platform Paystack.
| Headquarters | Victoria, Prince Edward Island, Canada |
| Year Founded | 2016 |
| Founders | Kola Aina |
| Total Funding | $40M |
| Average Check Size | $100k |
| Industries | InsurTech, Life Sciences, Enterprise, SaaS, Food & Beverage, Education, Infrastructure, Agriculture, Fintech, Healthcare |
| Investment Stage | Early Stage, Seed, Pre-Seed, Series A |
| Nº of Investments | 117 (33 as Lead Investor) |
| Nº of Exits | 6 |
| Top Portfolio Startups | Bata, Gradely, Paystack |
| Contact | hello@venturesplatform.com / +2349088743072 |
OMERS Ventures partners with ambitious, early-stage technology founders, providing initial investments from $5 million to $25 million to fuel their growth. As the venture capital arm of one of Canada's largest pension plans, they offer a unique, long-term perspective and global resources to help companies scale.
| Headquarters | Toronto, Ontario, Canada |
| Year Founded | 2011 |
| Founders | — |
| Investment Stage | Early Stage, Late Stage, Secondary Market, Seed |
| Nº of Investments | 161 (76 as Lead Investor) |
| Nº of Exits | 24 (6 IPO'd) |
| Contact | info@omersventures.com / +1 416 369-2400 |
With a focus on Canada and the Northeastern US, Whitecap Venture Partners invests in early-stage companies within the information, communication, and medical technology fields. The firm’s approach is built on a foundation of genuine collaboration with entrepreneurs to provide hands-on value and support company growth.
| Headquarters | Toronto, Ontario, Canada |
| Year Founded | 1989 |
| Founders | Carey Diamond |
| Investment Stage | Early Stage, Late Stage, Seed |
| Nº of Investments | 47 (25 as Lead Investor) |
| Nº of Exits | 5 (1 IPO'd) |
| Contact | 416 961-5355 |
Backing Canadian technology businesses since 1975, they invest at every stage of a company's development, from seed funding through to later expansion. They help create and develop strong national businesses by providing small and medium-sized enterprises with financing, consulting services, and securitization.
| Headquarters | Calgary, Alberta, Canada |
| Year Founded | 1975 |
| Founders | — |
| Industries | Healthcare, Climate & Sustainability, AI & ML, Robotics, Food & Beverage, Industrial, Supply Chain & Logistics, Proptech & Real Estate, Aerospace & Space, Cloud, Enterprise, IoT, Cybersecurity, Big Data & Analytics, SaaS, Manufacturing, Energy, Agriculture |
| Investment Stage | Early Stage, Late Stage, Seed, Series A, Series B |
| Nº of Investments | 709 (143 as Lead Investor) |
| Nº of Exits | 173 (27 IPO'd) |
| Contact | socialmedia@bdc.ca / 877-232-2269 |
Version One Ventures provides capital to mission-driven founders at the earliest stages of building a company. They focus on supporting teams with a strong purpose as they develop their initial product and establish a market presence.
| Headquarters | Vancouver, British Columbia, Canada |
| Year Founded | 2007 |
| Founders | Boris Wertz |
| Investment Stage | Early Stage, Late Stage, Seed |
| Nº of Investments | 157 (30 as Lead Investor) |
| Nº of Exits | 35 (2 IPO'd) |
| Contact | boris@versionone.vc / (604) 561-6858 |
67 Additional Canada VC Firms Worth Pitching
Our top picks are just the beginning of what Canada's venture scene has to offer. The other investors on our radar have collectively backed over 3,400 startups and guided more than 440 of them to an exit.
There's a wide range of investors out there, each with their own focus and approach. Here’s a look at the rest of the venture capital firms funding what's next in Canada.