Finding the right investor in Toronto can feel like a big task, but the city has plenty of great options. There are firms for every stage, from brand new ideas to companies ready to scale.
Some firms are incredibly active, like Pioneer Fund which has backed over 700 startups, or Golden Ventures with more than 180 investments. Others, like Georgian, show a strong history of success with nearly 30 company exits.
Below is our list of the best 33 VC firms in Toronto.
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Buy It For $97 $297 →Radical Ventures backs entrepreneurs applying deep technology and artificial intelligence to build companies with global ambition. The firm focuses on early-stage investments to help founders transform massive industries and create enduring businesses.
| 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 |
Golden Ventures provides seed-stage capital to driven and resilient founding teams across North America who are building the future. They take big risks on world-changing ideas, with a portfolio that includes successful companies like Skipthedishes and Inkbox.
| 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 provides growth capital to software companies like Shopify that use data and AI in a trustworthy way. Their team uses a proprietary, data-first platform to help founders accelerate growth and solve the challenges that come with scaling a business.
| 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 |
OMERS Ventures backs ambitious founders building early-stage technology companies, typically focusing on Series A to C funding rounds. The firm provides initial investments ranging from $5 million to $25 million, giving founders the capital to execute their vision.
| 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 |
Whitecap Venture Partners invests in early-stage B2B SaaS and MedTech companies across Canada and the Northeastern US. The firm emphasizes a deep collaboration with entrepreneurs, providing significant value and guidance to help build exceptional enterprises.
| 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 |
Sixty Degree Capital backs companies creating meaningful change across software, digital infrastructure, healthcare, and biotech. The firm supports these businesses throughout their growth, investing from the Series A stage all the way to pre-IPO.
Pioneer Fund brings together a community of YC alumni to invest in the accelerator's most promising early-stage companies. Their portfolio, which includes investments in every YC batch, features successful startups like Rippling and Brex.
| Year Founded | 2016 |
| Founders | Jason Gray |
| Investment Stage | Early Stage, Seed |
| Nº of Investments | 714 (9 as Lead Investor) |
| Nº of Exits | 20 |
| Contact | help@pioneerfund.vc |
Ripple Ventures provides pre-seed funding to North American B2B software startups that are tackling difficult problems with unique solutions. As a frequent lead investor, the firm helps these entrepreneurs build companies that can revolutionize competitive global industries.
| Year Founded | 2017 |
| Founders | Matt Cohen |
| Investment Stage | Early Stage, Seed |
| Nº of Investments | 45 (20 as Lead Investor) |
| Nº of Exits | 5 (1 IPO'd) |
| Contact | matt@rippleventures.com |
Framework Venture Partners combines a data-driven investment process with a collaborative, hands-on approach to help founding teams scale. They partner with entrepreneurs across early and late stages to build global, high-growth companies.
| Year Founded | 2018 |
| Founders | Andrew Lugsdin, Peter Misek |
| Investment Stage | Early Stage, Late Stage |
| Nº of Investments | 39 (16 as Lead Investor) |
| Nº of Exits | 7 |
| Contact | hello@framework.vc / (416) 294-1367 |
As a global fintech investor, Portage Ventures backs promising early-stage Canadian financial tech companies. The firm helps these startups scale beyond their domestic market to achieve a global impact.
| Year Founded | 2016 |
| Founders | Adam Felesky, Juliette Souliman, Paul Desmarais III |
| Investment Stage | Early Stage, Late Stage, Seed |
| Nº of Investments | 141 (55 as Lead Investor) |
| Nº of Exits | 11 (1 IPO'd) |
| Contact | info@p3vc.com / +1 (514) 286-6248 |
23 Additional Toronto VC Firms Worth Pitching
Our top picks are just the beginning of what Toronto's funding scene has to offer. Many other firms are actively writing checks and helping founders build great companies.
Combined, these additional firms have backed nearly 1,000 startups and guided almost 200 of them to an exit. Here is a look at more venture capital firms funding what's next in Toronto.