Pelorus Venture Capital

Pelorus Venture Capital specializes in providing funding for seed and early stage companies. With a focus on supporting the growth and development of emerging businesses, Pelorus Venture Capital plays a crucial role in helping entrepreneurs bring their innovative ideas to market. Through strategic investments and guidance, Pelorus Venture Capital aims to fuel the success of startups and contribute to the expansion of the entrepreneurial ecosystem.

Chris Moyer

President

24 past transactions

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.

Sparrow BioAcoustics

Seed Round in 2024
Sparrow BioAcoustics ,developers of a smartphone stethoscope designed to gather and collaborate on medical-grade cardiac and pulmonary data.

CoLab Software

Series B in 2024
CoLab Software Inc. is a Canadian company based in St. John's, established in 2017. It specializes in developing Gradient, a cloud-based platform designed for issue tracking and management specifically for mechanical design teams. The platform facilitates real-time collaboration by enabling users to view 3D files, gather feedback from stakeholders, track issues, and manage projects within a shared cloud environment. By streamlining communication and enhancing productivity, CoLab's solution helps manufacturing and design teams reduce development cycles and minimize manufacturing defects, ultimately improving project efficiency.

Spellbook

Seed Round in 2023
Spellbook is a legal software startup focused on enhancing contract drafting through generative artificial intelligence. Utilizing advanced language models, the company's platform is designed to automate the drafting and reviewing of contracts, thereby improving efficiency for legal professionals. The technology streamlines routine legal tasks, enabling law firms to manage client interactions more effectively and reduce the inefficiencies associated with traditional processes. Additionally, Spellbook offers document automation and maintains shared workspaces for clients' minute books, which further facilitates collaboration and enhances productivity within legal practices.

Swiftsure Innovations

Seed Round in 2023
Swiftsure Innovations provides registered nurses with the tools required to improve patient outcomes. It develops a medical device that enhances oral care for patients on life support with the aim of decreasing the incidence of ventilator-acquired pneumonia, length of mechanical ventilation, and length of hospital stay. Creative Destruction Labs supports the company.

SiftMed

Seed Round in 2023
SiftMed is a technology company that specializes in developing an artificial intelligence platform aimed at transforming the processing of medical files. The platform enhances the accessibility and analysis of unstructured medical data through advanced features such as optical character recognition (OCR), smart tagging, and efficient data and file management. Additionally, it includes capabilities for identifying and eliminating duplicate file entries, as well as tools for report writing and template creation. By streamlining these processes, SiftMed helps reduce costs associated with time and access complexities in the healthcare sector.

Cyno

Seed Round in 2022
Cyno is an employee mind and body platform focused on enhancing employee well-being through personalized health solutions. It offers direct access to health specialists, enabling employees to define their own paths to wellness. The platform addresses various aspects of well-being that are often overlooked by traditional corporate perks. Additionally, Cyno has developed a telephysio platform that facilitates secure virtual communication between physiotherapists and clients. This service provides tailored strategies for both individual and group sessions, allowing users to discover, book, and receive healthcare services remotely. By combining these features, Cyno aims to support the overall health and happiness of employees.

Swiftsure Innovations

Seed Round in 2021
Swiftsure Innovations provides registered nurses with the tools required to improve patient outcomes. It develops a medical device that enhances oral care for patients on life support with the aim of decreasing the incidence of ventilator-acquired pneumonia, length of mechanical ventilation, and length of hospital stay. Creative Destruction Labs supports the company.

Metricsflow

Venture Round in 2021
Metricsflow is a data analytics platform designed specifically for enterprise marketing teams, focused on providing insights without the use of cookies. The company prioritizes data privacy, ensuring that information collected through its tracker is not shared with ad networks or third parties. Metricsflow's platform enables marketers to accurately measure the effectiveness of their content marketing by addressing data integrity, determining attribution, and visualizing the customer journey at an individual user level. This comprehensive approach empowers clients to make informed business decisions based on reliable and actionable data.

BreatheSuite

Seed Round in 2021
BreatheSuite Inc., based in Saint John's, Canada, specializes in developing an innovative inhaler attachment and software aimed at improving the management of asthma and chronic obstructive pulmonary disease (COPD). This device connects directly to patients' smartphones via Bluetooth, enabling real-time feedback on inhaler technique and adherence. By providing users with insights into their medication usage and technique, BreatheSuite empowers patients to use their inhalers effectively without the need for separate training devices. The information gathered can also be shared with healthcare professionals, facilitating better management of respiratory conditions and ultimately helping patients lead healthier lives.

Sparrow BioAcoustics

Seed Round in 2021
Sparrow BioAcoustics ,developers of a smartphone stethoscope designed to gather and collaborate on medical-grade cardiac and pulmonary data.

Mysa

Venture Round in 2020
Mysa is a developer of innovative high-voltage smart thermostats designed to optimize home heating while reducing energy costs. The company offers a fully featured thermostat that includes smart learning capabilities, which can lead to approximately 15% savings on energy bills. Mysa's Wi-Fi-enabled devices allow homeowners to monitor and control their home’s temperature remotely through a smartphone app, providing convenience and efficiency. Additionally, the thermostats utilize location tracking to identify and address any appliances that may be left on when the house is unoccupied. Mysa also generates detailed energy reports that inform users about their daily energy consumption and potential utility expenses. The thermostats seamlessly integrate with popular smart home platforms, including Amazon Alexa, Google Home, and Apple HomeKit, enhancing their utility and user experience.

Seaformatics Systems

Seed Round in 2020
Seaformatics Systems designs and manufactures power harvesting and wireless communication products for the ocean monitoring industry.

Spellbook

Equity Crowdfunding in 2019
Spellbook is a legal software startup focused on enhancing contract drafting through generative artificial intelligence. Utilizing advanced language models, the company's platform is designed to automate the drafting and reviewing of contracts, thereby improving efficiency for legal professionals. The technology streamlines routine legal tasks, enabling law firms to manage client interactions more effectively and reduce the inefficiencies associated with traditional processes. Additionally, Spellbook offers document automation and maintains shared workspaces for clients' minute books, which further facilitates collaboration and enhances productivity within legal practices.

Rallynow

Venture Round in 2019
Rally is a web app where users can manage their contracts and company’s legal documents in a frictionless manner and entirely on the cloud. Rally gives its users an extensive library of contract and corporate templates and provides an innovative customization process that makes generating documents easier than ever. On Rally you create, customize, and collaborate with your team on documents, as well as negotiate your deals with counterparties before e-signing them and storing them in an active repository that tracks important actions and obligations from both parties.

BreatheSuite

Seed Round in 2019
BreatheSuite Inc., based in Saint John's, Canada, specializes in developing an innovative inhaler attachment and software aimed at improving the management of asthma and chronic obstructive pulmonary disease (COPD). This device connects directly to patients' smartphones via Bluetooth, enabling real-time feedback on inhaler technique and adherence. By providing users with insights into their medication usage and technique, BreatheSuite empowers patients to use their inhalers effectively without the need for separate training devices. The information gathered can also be shared with healthcare professionals, facilitating better management of respiratory conditions and ultimately helping patients lead healthier lives.

CoLab Software

Seed Round in 2019
CoLab Software Inc. is a Canadian company based in St. John's, established in 2017. It specializes in developing Gradient, a cloud-based platform designed for issue tracking and management specifically for mechanical design teams. The platform facilitates real-time collaboration by enabling users to view 3D files, gather feedback from stakeholders, track issues, and manage projects within a shared cloud environment. By streamlining communication and enhancing productivity, CoLab's solution helps manufacturing and design teams reduce development cycles and minimize manufacturing defects, ultimately improving project efficiency.

Mysa

Seed Round in 2018
Mysa is a developer of innovative high-voltage smart thermostats designed to optimize home heating while reducing energy costs. The company offers a fully featured thermostat that includes smart learning capabilities, which can lead to approximately 15% savings on energy bills. Mysa's Wi-Fi-enabled devices allow homeowners to monitor and control their home’s temperature remotely through a smartphone app, providing convenience and efficiency. Additionally, the thermostats utilize location tracking to identify and address any appliances that may be left on when the house is unoccupied. Mysa also generates detailed energy reports that inform users about their daily energy consumption and potential utility expenses. The thermostats seamlessly integrate with popular smart home platforms, including Amazon Alexa, Google Home, and Apple HomeKit, enhancing their utility and user experience.

CoLab Software

Pre Seed Round in 2018
CoLab Software Inc. is a Canadian company based in St. John's, established in 2017. It specializes in developing Gradient, a cloud-based platform designed for issue tracking and management specifically for mechanical design teams. The platform facilitates real-time collaboration by enabling users to view 3D files, gather feedback from stakeholders, track issues, and manage projects within a shared cloud environment. By streamlining communication and enhancing productivity, CoLab's solution helps manufacturing and design teams reduce development cycles and minimize manufacturing defects, ultimately improving project efficiency.

HeyOrca

Venture Round in 2017
HeyOrca Inc. is a company that develops cloud-based social media planning and approval software tailored for marketing agencies and their clients. Its platform streamlines the social media workflow by offering features such as a Social Media Calendar for reviewing, editing, and scheduling content; tools for direct publishing to major social networks; and real-time collaboration capabilities for creative teams. The software allows users to capture media, preview live posts, and integrate various tools, while supporting GIF and video scheduling with full functionality, including calls to action and custom thumbnails. Additionally, HeyOrca provides a Social Media Audit Trail that tracks changes and approvals, ensuring transparency throughout the lifecycle of a social media post. Based in Saint John's, Canada, the company serves over 300 clients globally, enhancing the efficiency of the asset production workflow for creative teams.

HeyOrca

Seed Round in 2016
HeyOrca Inc. is a company that develops cloud-based social media planning and approval software tailored for marketing agencies and their clients. Its platform streamlines the social media workflow by offering features such as a Social Media Calendar for reviewing, editing, and scheduling content; tools for direct publishing to major social networks; and real-time collaboration capabilities for creative teams. The software allows users to capture media, preview live posts, and integrate various tools, while supporting GIF and video scheduling with full functionality, including calls to action and custom thumbnails. Additionally, HeyOrca provides a Social Media Audit Trail that tracks changes and approvals, ensuring transparency throughout the lifecycle of a social media post. Based in Saint John's, Canada, the company serves over 300 clients globally, enhancing the efficiency of the asset production workflow for creative teams.

Clockwork Fox

Private Equity Round in 2016
Clockwork Fox Studios is a digital gaming and educational technology studio based in St. John's, Canada, founded in 2009. The company specializes in creating and developing innovative games and learning resources, focusing on enhancing educational outcomes, particularly in early math education. Clockwork Fox designs a game-based learning system aimed at improving classroom experiences, along with producing meditative puzzle games and augmented reality games. The studio is dedicated to leveraging interactive technologies to foster engaging learning environments that yield significant improvements in educational results.

Sequence Bio

Pre Seed Round in 2015
Sequence Bio is a biotechnology company focused on advancing drug discovery and development through genome therapy. Leveraging the unique genetic characteristics of isolated populations, particularly those in Newfoundland, the company collects DNA and health information to enhance the identification of drug targets. This approach aims to improve the treatment of complex and inherited diseases, ultimately addressing the high failure rate of drug candidates and expediting access to effective therapies for patients in need. By utilizing genetic insights, Sequence Bio seeks to transform the landscape of medicine and deliver better health outcomes.
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