The 51 Ventures is a Calgary-based venture capital firm focused on growth capital investments in startups, particularly in Canada. The firm is dedicated to promoting financial empowerment among women by creating a platform that fosters mutual wealth and social and environmental impact. By harnessing the untapped wealth of female investors, The 51 Ventures aims to establish Canada as a hub for female-led capital. With a significant portion of Alberta's tech startups being founded or co-founded by women, the firm seeks to address the disparity in venture capital funding, as female-founded startups currently receive only a small fraction of the total available capital globally. Through its initiatives, The 51 Ventures aspires to create a critical mass of female investors and drive meaningful change in the investment landscape.
Sprout Family, based in Canada, is a digital concierge service specializing in family-building support. With a team of 10, they offer personalized services including fertility, surrogacy, and adoption guidance, along with financial assistance and insurance benefits. Their platform enables users to access these services online, simplifying the complex journey of growing a family.
Coral
Seed Round in 2025
Coral is a digital health platform focused on improving women's health during midlife and beyond. It specializes in personalized, evidence-based support for perimenopause and menopause, offering a range of services including nutrition, mental health, lifestyle support, and pharmaceutical interventions. Coral empowers women to manage their health and thrive through comprehensive symptom relief and prevention practices.
Retellio
Pre Seed Round in 2024
Retellio is a technology company that specializes in transforming customer call recordings into insightful, AI-generated podcasts. Its platform enables product teams to identify trends in data, conduct interviews, and make informed decisions, all while conserving resources. The company caters to business leaders who prioritize understanding and serving their customers.
Ayrton Energy
Seed Round in 2024
Ayrton Energy, founded in 2021, focuses on enhancing energy security through innovative hydrogen storage technology. The company has developed a system that allows hydrogen to be stored in liquid form, providing a dense storage medium that can be safely handled and transported. This technology enables hydrogen to be delivered through existing infrastructures such as tanks, rail cars, transport trucks, and pipelines. By facilitating efficient storage and transportation of hydrogen, Ayrton Energy aims to support power generation and contribute to a more secure energy future.
Heylist
Seed Round in 2024
Heylist is an influencer marketing platform that connects brands and agencies with a community of nano and micro-influencers to facilitate effective marketing campaigns. The platform offers automated outreach, centralized campaign management, and performance metrics, streamlining the process for modern marketing teams. Heylist also provides resources for content creators, allowing them to monetize their work and participate in the creator economy. With a growing presence in North America, Heylist aims to democratize influencer marketing and create economic opportunities for individuals, making it a preferred choice for businesses seeking to enhance engagement and growth through coordinated partnerships.
Erthos
Series A in 2023
erthos is a producer of biodegradable packaging materials intended to replace traditional polystyrene and polypropylene inputs.
Monark
Seed Round in 2023
Monark is a digital leadership guide that enables growth through one simple app. Monark provides a full-cycle, tailored, and integrated experience to leaders of all levels. Their patented platform and micro-content are accessible anywhere, at any time, and on any device.
Monark Ventures
Seed Round in 2023
Monark is a company based in Surrey, British Columbia, that was founded in 2001. It operates in real estate development and offers consulting services for businesses. Additionally, Monark engages in e-commerce business models. The firm also has a venture capital division that invests in various sectors, including logistics, health technology, real estate, technology, and cannabis.
Kibbi: Job Search
Pre Seed Round in 2023
Kibbi is an entry-level and hourly job community that aims to reduce the obstacles job seekers face when searching for local employment opportunities.
Wire Financial
Grant in 2023
Wire Financial is a technology company that provides a mobile banking platform, primarily serving South Asian migrants in Canada. The platform enables users to manage their international finances, offering services such as money transfers, bill payments, and international payments, all without the need to carry cash. It aims to cater to the unbanked and underbanked, providing tools and a supportive community to help users reach their financial goals.
Quack
Grant in 2023
Quack is a business-to-business SaaS prospecting platform for salespeople that makes cold calling simple.
FuseFinancial
Grant in 2023
FuseFinancial is a final accounting, invoicing, and payment system.
UpRow
Grant in 2023
UpRow is a virtual marketplace and social media platform.
Village Wellth
Grant in 2023
Village Wellth, founded in 2020 and headquartered in Calgary, Canada, specializes in business acquisition management. The company has developed a platform aimed at simplifying and digitizing the business buying process. This platform provides both buyers and sellers with accurate information and essential tools to facilitate informed decision-making. By enhancing buyer credibility and offering expert guidance, Village Wellth aims to streamline the complexities associated with business transactions, ultimately supporting clients in navigating their acquisition opportunities effectively.
Animal HealthLink
Grant in 2023
Provider of veterinary triage support services intended to support veterinary teams and practice health. The company offers triage support to on-call and emergency veterinary clinics in the form of tele-extensions and telemedicine, allowing veterinary clinics to function more efficiently, improve patient outcomes, and reduce staff burnout.
Nyah Health
Grant in 2023
Nyah Health is a menopausal women's virtual health platform that provides access, solutions, and continuous care.
Mercator AI
Seed Round in 2023
Mercator AI is a privately held company that operates an online intelligence platform specifically designed for the construction industry. The platform aids business developers and marketers by providing tools to monitor and track client activities and company profiles, enabling them to identify upstream project opportunities and explore new market prospects. By analyzing millions of construction data points throughout the project lifecycle, Mercator AI equips its users with the insights necessary for informed decision-making and productive conversations. Its services are utilized by professionals in architecture, engineering, construction, real estate, and manufacturing sectors, facilitating strategic and tactical growth in their businesses.
FemTherapeutics
Seed Round in 2023
FemTherapeutics Inc. is a Montreal-based medical device company focused on personalizing therapeutics in women's health. The company has developed an artificial intelligence platform that utilizes patient data to create innovative medical devices, specifically customizable gynecological prosthetics designed to enhance the management of Pelvic Floor Disorders. Their initial product line features patient-specific vaginal pessaries, which aim to provide effective symptomatic relief for conditions such as pelvic organ prolapse and stress urinary incontinence. By employing advanced technologies like three-dimensional printing, FemTherapeutics seeks to improve clinical outcomes and restore quality of life for women facing these health challenges.
Shoelace
Seed Round in 2022
Shoelace offers a software solution that enables online merchants to easily conduct retargeting campaigns. The company helps fast growing Shopify brands boost sales by showing the right customers, the right ads at the right time with customer journey retargeting. Shoelace was founded on 2015 and is headquartered in Toronto, Ontario.
Shoelace Learning
Seed Round in 2022
Shoelace Learning develops an educational platform focused on enhancing reading comprehension through engaging, research-based video games. The platform is designed to motivate students by transforming learning into a fun experience, which fosters a love for reading. It offers multiplayer games that not only capture children's attention but also provide teachers with essential tools to assess student progress, identify skill gaps, and create tailored assignments. By combining adaptive learning techniques with interactive gameplay, Shoelace Learning aims to improve students' comprehension skills while supporting educators in delivering personalized education.
Fictionary
Seed Round in 2022
Fictionary is a platform that provides editing software specifically designed for writers and editors, facilitating the creation of quality stories in a more efficient and cost-effective manner. The company offers tools that apply universal storytelling structures to individual scenes, enabling users to evaluate and revise their manuscripts against established story elements. This approach supports writers in enhancing their creative editing processes, allowing them to craft narratives that resonate with readers. In addition to its software, Fictionary provides training resources, catering to the needs of both amateur and professional editors in the fiction writing space.
Blume
Seed Round in 2022
Blume is a beverage company that specializes in creating plant-based functional drinks using 100 percent natural and organic ingredients, including superfoods like turmeric and reishi. The company focuses on offering healthy alternatives to traditional coffee and tea, producing organic, vegan, and caffeine-free beverages. Blume's products are designed to be nutritious and flavorful, catering to health-conscious consumers who seek options that support digestion, energy, and sleep. By emphasizing cruelty-free and hand-made food supplements, Blume aims to promote healthy lifestyles through its carefully crafted offerings.
Cadence
Seed Round in 2022
Cadence is a digital aftercare concierge service that assists bereaved families in managing estate settlement tasks. The platform streamlines and automates the estate management process by providing personalized guidance and utilizing form automation. This enables users to navigate the necessary applications and notifications efficiently. Once the required parties digitally sign the documents, Cadence ensures secure distribution and tracking of submissions. By offering location-specific guidance and comprehensive advice, Cadence aims to save time and help maintain important relationships between individuals, businesses, and their clients or beneficiaries.
Areto Labs
Pre Seed Round in 2022
Areto Labs develops software aimed at enhancing digital community experiences. The company specializes in creating culture-building applications and bots that integrate with various digital platforms. Its technology focuses on fostering positive, inclusive environments by utilizing artificial intelligence to analyze sentiment on social media. This approach allows Areto Labs to moderate online abuse effectively and deliver automated communication campaigns. By detecting and counteracting online negativity, the company aims to protect public figures and employees, contributing to safer online interactions.
alder
Seed Round in 2022
Alder is an e-commerce company that specializes in outdoor apparel designed specifically for women. It stands out in the market by offering inclusive sizing ranging from XS to 4X, which is significantly broader than the typical size range found in outdoor and athletic apparel brands. The company emphasizes female-focused design and prioritizes sustainable and ethical production practices. Alder's brand identity is characterized by a playful approach, contrasting sharply with the performance-driven and often intense image of existing outdoor brands. This combination of inclusivity, thoughtful design, and commitment to sustainability enables Alder to cater to a diverse customer base seeking comfort and style in outdoor clothing.
Jombone
Seed Round in 2022
Jombone operates a software-as-a-service (SaaS) platform focused on staffing and human capital management specifically for the industrial sector's temporary and contingent workforce. The platform is designed to empower businesses by streamlining the hiring and staffing processes through advanced technology and social networking. By offering end-to-end automation in recruitment and employment management, Jombone helps organizations eliminate inefficiencies and reduce costs associated with traditional staffing methods. The company aims to make hiring more accessible and affordable, fostering an environment that encourages businesses to invest in economic growth.
Haloo
Seed Round in 2022
Haloo is a company focused on simplifying and democratizing brand protection through its innovative trademark search platform. Designed for marketing and legal teams, Haloo's platform allows users to manage the trademark workflow in one integrated workspace. It offers features such as instant professional trademark searches, streamlined trademark applications, and automated brand enforcement, which collectively enhance the efficiency and affordability of trademark management. By facilitating collaboration between marketing and legal professionals, Haloo addresses the challenges of the traditional trademark process, which can be slow, costly, and prone to errors. The platform is continuously updated in consultation with experts to ensure compliance with current trademark laws and practices, making it a valuable tool for businesses seeking to protect their brand assets effectively. Additionally, Haloo is developing tools to assist in the Web3 space, particularly in combating counterfeit NFTs and helping creators safeguard their intellectual property.
Virtual Gurus
Series A in 2022
Virtual Gurus is a talent marketplace that connects organizations with skilled virtual assistants from Canada and the United States. Utilizing proprietary technology, the platform matches businesses and entrepreneurs with onshore freelancers who can provide a range of services, including bookkeeping, marketing, data entry, and administrative support. Clients can select dedicated virtual assistants tailored to their specific needs, whether for ongoing support, special projects, or occasional tasks. This approach allows organizations to save time and resources by delegating responsibilities, enabling them to concentrate on growth and operational efficiency.
Pngme
Series A in 2021
Pngme is a financial data platform that aims to enhance access to finance for unbanked and underserved populations. It simplifies the processes of collecting, analyzing, and utilizing financial data, enabling banks, fintech companies, and credit bureaus to develop innovative financial products. The platform facilitates one-click data sharing and provides real-time insights and credit scoring, which empower financial institutions to scale their lending operations while managing risk effectively. By digitizing the credit scoring and capital procurement processes, Pngme helps these institutions access additional capital and improve their offerings. The company's mission centers on returning data ownership to individuals, thereby promoting equitable financial opportunities and fostering wealth creation for billions globally.
True Angle
Seed Round in 2021
True Angle Medical Technologies, based in Edmonton, Alberta, is focused on improving the quality of life for individuals with swallowing disorders through innovative technology. The company has developed the Mobili-T, a mobile device designed to assist users in performing swallowing exercises at home. This device is complemented by an engaging app that tracks muscle contractions and provides feedback, enabling users to monitor their progress towards specific goals. By addressing essential life functions such as eating and breathing, True Angle aims to support individuals in managing their well-being as they age, ultimately helping them overcome perceived barriers and regain joy in their daily lives.
Hyivy
Pre Seed Round in 2021
Hyivy Health specializes in developing an innovative pelvic rehabilitation device aimed at addressing the needs of women experiencing pelvic health complications, which affect one in three women globally. The company's device stands out by offering the first quantifiable data set on pelvic floor health, utilizing multiple biosensors and mechanical functions to deliver three distinct therapeutic approaches. This technology enables patients and their healthcare providers to monitor progress, adapt treatment plans, and enhance the overall rehabilitation experience. By integrating remote therapeutic and monitoring capabilities, Hyivy Health aims to improve the management of pelvic and gynecological conditions, providing a more effective and comfortable solution for patients.
Virtual Gurus
Seed Round in 2021
Virtual Gurus is a talent marketplace that connects organizations with skilled virtual assistants from Canada and the United States. Utilizing proprietary technology, the platform matches businesses and entrepreneurs with onshore freelancers who can provide a range of services, including bookkeeping, marketing, data entry, and administrative support. Clients can select dedicated virtual assistants tailored to their specific needs, whether for ongoing support, special projects, or occasional tasks. This approach allows organizations to save time and resources by delegating responsibilities, enabling them to concentrate on growth and operational efficiency.
Sampler
Series B in 2020
Sampler is a company that specializes in digital product sampling services for consumer-packaged goods brands across various categories. It offers a self-serve platform that allows brands to deliver physical samples to precisely targeted consumers. By providing a comprehensive solution, Sampler enables brands to obtain valuable consumer feedback and demographic insights, enhancing the effectiveness of product trials. The company's services facilitate the capture of both demographic and behavioral data on every sample distributed, allowing businesses to gain a deeper understanding of consumer preferences and analytics. This targeted approach helps increase trial success rates and improves conversion rates for brands.
Summit Nanotech
Seed Round in 2020
Summit Nanotech Corporation is a cleantech company based in Calgary, Canada, that specializes in innovative lithium extraction methods aimed at supporting the global energy transition. Founded in 2018, the company has developed a patented direct lithium extraction (DLE) technology that offers a more sustainable and environmentally friendly approach compared to traditional extraction methods. By collaborating with mining companies and lithium asset owners in Chile and Argentina, Summit Nanotech aims to conserve natural resources while optimizing lithium production operations. Its focus on providing cost-effective solutions positions Summit Nanotech as a key player in the lithium supply chain, addressing industry challenges while minimizing environmental impact.
Lilia
Seed Round in 2020
Lilia is a fertility support company that offers comprehensive services to women, focusing on egg freezing and family planning. Founded in 2019, Lilia provides a home-based diagnostic test for fertility hormone assessment and operates a resource hub that connects prospective parents with fertility specialists. The company's concierge service assists individuals in navigating their fertility options, providing well-researched data related to egg count, menopause timing, and age to inform decisions. By offering low-cost fertility management services, Lilia aims to empower busy individuals who wish to preserve their options for parenthood later in life. Headquartered in Toronto, Canada, Lilia serves clients primarily in San Francisco, California.
Swirltex
Seed Round in 2020
Swirltex Inc. is a Canadian company that specializes in designing and supplying custom wastewater treatment systems for various applications, including wastewater treatment, produced water treatment, dairy processing, mining wastewater, and beverage clarification. Incorporated in 2015 and based in Calgary, Swirltex develops innovative membrane systems that utilize buoyancy to effectively separate solids and liquids. This unique approach allows for the treatment of water that may otherwise be deemed unusable, enhancing production efficiency while minimizing pollution. By manipulating the buoyancy of contaminants within the liquid stream, Swirltex's systems enable greater flow through a smaller surface area, reducing membrane fouling and resulting in significant cost savings for clients.
Virtual Gurus
Series A in 2020
Virtual Gurus is a talent marketplace that connects organizations with skilled virtual assistants from Canada and the United States. Utilizing proprietary technology, the platform matches businesses and entrepreneurs with onshore freelancers who can provide a range of services, including bookkeeping, marketing, data entry, and administrative support. Clients can select dedicated virtual assistants tailored to their specific needs, whether for ongoing support, special projects, or occasional tasks. This approach allows organizations to save time and resources by delegating responsibilities, enabling them to concentrate on growth and operational efficiency.
Harris Kuipers
Funding Round in 2020
Harris Kuipers is a Canadian clothing brand based in Victoria, founded in 2019. The company specializes in designing, manufacturing, and selling women's clothing, including coats, dresses, tops, and trousers. Harris Kuipers operates primarily through online sales, emphasizing a commitment to sustainability and the circular economy. The brand values creativity, collaboration, exploration, and authenticity, aiming to challenge the status quo while celebrating individuality and generosity.
Phoenix Molecular Designs
Seed Round in 2019
Phoenix Molecular Designs Ltd is focused on developing small molecule kinase inhibitors as targeted therapies for cancer, particularly breast cancer and triple-negative breast cancer (TNBC). Founded in 2012 and headquartered in Vancouver, Canada, with an additional office in San Diego, the company utilizes a unique platform technology aimed at inhibiting p90 ribosomal S6 kinase (RSK). Their lead asset, PMD-026, has undergone a Phase 1 first-in-human clinical trial for metastatic breast cancer, and a Phase 1b trial for TNBC has yielded promising results, demonstrating the potential benefits of RSK inhibition. Currently, a Phase 2a trial is in progress for HR+/HER2- metastatic breast cancer at several leading academic research hospitals. The company's innovative approach also holds potential for treating various hematologic cancers, reflecting its commitment to advancing cancer therapeutics. Phoenix Molecular Designs is supported by a leadership team with over a century of experience in oncology, stemming from prestigious organizations in the pharmaceutical industry.
SalonScale
Seed Round in 2019
SalonScale Technology Inc. is a Canadian company founded in 2018 that specializes in providing innovative solutions for hair salons. It has developed a Bluetooth-based scale designed for accurately measuring hair color products. This technology is complemented by a mobile platform that allows salons to manage product usage and costs through a web-based dashboard. SalonScale aims to empower stylists by offering tools that enhance inventory management and cost calculation, enabling salons to differentiate between the costs of hair color and stylist labor. With a rapidly growing user base of over 1,000 salons in North America, SalonScale is committed to supporting the success of hairstylists through its smart technology solutions.
Rival Technologies
Venture Round in 2019
Rival Technologies, Inc. is a Vancouver-based company founded in 2017 that specializes in developing the online platform Chat Lab. This platform enables the creation of mobile agile communities consisting of customers, fans, and employees to facilitate information exchange. Rival Technologies also provides chat, voice, and video technology to capture valuable insights. The company's focus is on enhancing the effectiveness of research teams by maximizing the potential of mobile technology, allowing them to increase their impact without the need for additional resources or significant budget increases.
Yr Plans
Funding Round in 2019
Yr Plans Inc. specializes in employee benefit solutions, focusing on financial wellness through employer-sponsored debt assistance. Founded in 2019 and based in Calgary, Canada, the company offers a unique program known as The Smart Benefit. This initiative enables employees to allocate a portion of their employer contribution match specifically towards student loan repayment, rather than traditional retirement savings. By addressing the growing concern of student debt, Yr Plans aims to enhance the financial well-being of employees while providing employers with a valuable tool to attract and retain talent.
Evercloak
Seed Round in 2018
Evercloak Inc., founded in 2018 and based in Waterloo, Canada, specializes in the manufacturing of ultra-thin graphene and other two-dimensional nanomaterial films geared towards clean technology applications. The company employs a low-cost advanced manufacturing process that facilitates the continuous coating of single-layer nanomaterials. This innovative platform aims to support disruptive clean technologies across various sectors, including oil and gas, nuclear energy, mining, and agri-food. Evercloak's mission is to enhance energy efficiency in building cooling systems, thereby creating comfortable indoor environments while significantly reducing energy consumption and greenhouse gas emissions.
The Riveter
Series A in 2018
The Riveter is a Seattle-based company established in 2016, specializing in developing, constructing, leasing, and operating co-working office spaces exclusively for women and allies. The business provides flexible workspace solutions, including meeting rooms, event spaces, pop-up retail platforms, and wellness amenities such as fitness studios and meditation rooms. Additionally, it offers daily programming focused on skill development and networking opportunities to foster a supportive community for its members.
SRTX
Seed Round in 2018
Sheerly Genius Inc. is a Canadian company specializing in the manufacture of pantyhose crafted from ballistic-grade fibers, similar to those used in bulletproof vests and climbing equipment. Founded in 2017 and headquartered in Port Carling, the company focuses on providing consumers with durable and stylish inner garments. Its innovative products are available for purchase through online retail channels, catering to a market that values both quality and resilience in apparel.
Fillip
Venture Round in 2018
Fillip offers a digital fuel and expense management solution that enables businesses to gain comprehensive control over vehicle-related expenditures. Its innovative payment platform allows users to fuel up at various locations while providing real-time monitoring of purchases and simplifying bookkeeping processes. Additionally, Fillip's mobile application transforms smartphones into digital gas cards, allowing businesses to manage payments effectively and implement scheduled controls for their drivers. This approach not only enhances operational efficiency but also provides a secure and cost-saving method for purchasing fuel.
The Helm
Seed Round in 2018
The Helm, also known as Women At The Helm LLC, is a New York-based company that focuses on providing a diverse range of products in the fashion, beauty, home, and wellness sectors. Established in 2010, The Helm is committed to supporting female entrepreneurs by investing in companies with at least one female founder. The company emphasizes innovation and aims to address significant global challenges through technology-driven solutions. With a particular interest in industries such as climate and sustainability, women's healthcare, and aging, The Helm seeks to foster growth in a variety of sectors while promoting the advancement of women in business.
IOVIA
Venture Round in 2018
IOVIA INC. is a company based in Calgary, Canada, founded in 2015, that specializes in developing a participation commerce platform for businesses. This platform enables companies to create marketing campaigns that include setting up consumer missions, tracking and measuring mission activities, and generating new sales and revenue. IOVIA's services also encompass brand identity opportunity development, business model creation, and strategies focused on engaging customers. Through its innovative approach, IOVIA aims to transform ordinary customers into enthusiastic brand advocates, thereby driving growth and creating new business opportunities.
Rewatt Power
Pre Seed Round in 2017
ReWatt Power Inc. is a Calgary-based company established in 2016 that specializes in developing and operating a platform designed to manage renewable generation assets. The company employs site aggregation for smaller generators alongside its proprietary blockchain technology, allowing users to transact on various services efficiently. By providing real-time visibility into power markets and offering validation tools, ReWatt Power aims to simplify complexities in the power industry through automation. This approach not only saves clients significant time and costs but also enhances the profitability of clean and independent electricity generation.
The Upside
Funding Round in 2015
The Upside Inc. is a prominent online marketplace based in Calgary, Canada, specializing in the resale of luxury goods. Founded in 2015, the company offers a wide selection of over 200 authenticated designer brands, including clothing, accessories, fine jewelry, handbags, and shoes for women. The Upside aims to cater to conscious luxury consumers by providing high-quality items in 'like-new' condition at significantly reduced prices. The platform emphasizes a user-friendly experience, featuring a white-glove selling service and a competitive commission structure for sellers.
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