The Accelerator Centre

Accelerator Centre is a venture capital firm and accelerator located in Waterloo, Ontario, Canada, established in 2006. It specializes in incubating and investing in startups, offering a range of programs that provide funding and support over a period of 12 to 24 months. The firm combines in-house mentorship, educational programming, and networking opportunities with access to funding and facilities. Its unique accountability model and comprehensive programming are designed to help entrepreneurs transition from startup to scale-up, facilitating a quicker time to market while attracting customers and investment. Through these initiatives, Accelerator Centre aims to build successful companies and enhance the Canadian commercialization landscape.

Jay Krishnan

CEO

Past deals in Toronto

Ryna

Seed Round in 2020
Ryna is a modern rental provider focused on creating a safe and convenient environment for women and inclusive-minded individuals. The company utilizes technology to enhance the rental experience, offering a platform that facilitates co-living and apartment rentals. Ryna's services are designed to meet the evolving lifestyle needs of its users in major cities, allowing members to find rooms and full apartments for rent while fostering a sense of community. By enabling flexible and affordable co-living arrangements, Ryna aims to create spaces that feel like home for its female members and their allies.

webapp.io

Non Equity Assistance in 2020
Traditional CI approaches need you to mix Dockerfiles with a big YAML file to define pipelines. Layer turns this pattern on its head - we've extended the Dockerfile to make it specifically for testing: - It's only one file, so you can write CI configurations without looking at docs - Our runners are fully featured VMs, and we take memory snapshots instead of just the filesystem so you can restore a configured Redis instance from a previous pipeline. ## Benefits - Get a unique link to share the frontend changes for every commit - we'll spin up the environment whenever it's requested, so you don't have to pay to keep them up - CI runs significantly faster because you can set up your environment (e.g., `docker-compose up -d`) once, and rewind to that snapshot for every following pipeline. - It's easier to onboard team members because they just have to read the single Layerfile to understand the whole CI process (incl. how to install everything) - Debugging is easier because you can enter a web console into the last snapshot up to a week after a test passed or failed.

Ryna

Non Equity Assistance in 2020
Ryna is a modern rental provider focused on creating a safe and convenient environment for women and inclusive-minded individuals. The company utilizes technology to enhance the rental experience, offering a platform that facilitates co-living and apartment rentals. Ryna's services are designed to meet the evolving lifestyle needs of its users in major cities, allowing members to find rooms and full apartments for rent while fostering a sense of community. By enabling flexible and affordable co-living arrangements, Ryna aims to create spaces that feel like home for its female members and their allies.

webapp.io

Grant in 2020
Traditional CI approaches need you to mix Dockerfiles with a big YAML file to define pipelines. Layer turns this pattern on its head - we've extended the Dockerfile to make it specifically for testing: - It's only one file, so you can write CI configurations without looking at docs - Our runners are fully featured VMs, and we take memory snapshots instead of just the filesystem so you can restore a configured Redis instance from a previous pipeline. ## Benefits - Get a unique link to share the frontend changes for every commit - we'll spin up the environment whenever it's requested, so you don't have to pay to keep them up - CI runs significantly faster because you can set up your environment (e.g., `docker-compose up -d`) once, and rewind to that snapshot for every following pipeline. - It's easier to onboard team members because they just have to read the single Layerfile to understand the whole CI process (incl. how to install everything) - Debugging is easier because you can enter a web console into the last snapshot up to a week after a test passed or failed.

Rivvi

Seed Round in 2019
Rivvi is a fintech company that specializes in an autonomous payroll platform designed to automate payroll processes for businesses. By eliminating manual tasks, Rivvi's platform allows companies to calculate payroll immediately after each shift, facilitating faster employee payments. This system not only streamlines salary processing but also enhances operational efficiency, positively impacting the financial health of both businesses and their employees. Through its innovative approach, Rivvi aims to support organizations in improving their bottom line while providing workers with instant access to their earnings.

Elocity

Pre Seed Round in 2019
Elocity is a cleantech company based in Toronto, Canada, focused on transforming the electrification of transportation for electric utilities, municipalities, and businesses. Founded in 2018, Elocity provides an intelligent and connected platform for smart electric vehicle (EV) charging, leveraging AI and IoT technologies. Its primary product, HIEV, helps utilities manage EV charging demand and integrates electromobility charging into existing electricity grid infrastructure and business processes. By partnering with power utilities and EV charging network operators, Elocity aims to create a sustainable and affordable transition to electric vehicles. The company's solutions enable clients to efficiently manage the demand and loads associated with increasing EV adoption while ensuring grid stability and reducing the need for new infrastructure investments. Elocity also maintains sales offices in Cypress, Texas, Dubai, and Noida, along with an engineering location in Bengaluru, India.

Glacierclean Technologies

Seed Round in 2017
Provider of a easy-to-use e.coli test kit intended to prevent potential outbreaks of waterborne diseases. The company's easy-to-use e.coli test kit Mobile Water Kit (MWK) helps to detect Escherichia coli bacteria in the water and provide an early warning signal, enabling the user to map the location data with the help of a custom built smart phone application m-Water and detect E. coli in the portable water.

Wherego

Grant in 2017
Wherego is a travel management and planning platform tailored for Chinese tourists visiting Canada. With a significant increase in the number of Chinese travelers, the company recognizes the shift from traditional group travel to a preference for unique, personalized experiences. Wherego's mobile platform allows users to discover, plan, and purchase itineraries that suit their preferences. Utilizing AI technology, the platform provides tailored recommendations to enhance the travel experience. By focusing on the needs of modern Chinese travelers, Wherego aims to facilitate memorable journeys in Canada, catering to the growing interest in independent travel among this demographic.

Site Safety Solutions

Seed Round in 2017
Developer of a construction health and safety compliance platform intended for construction companies. The company offers a mobile communication safety platform for construction site safety compliance, enabling construction companies to eliminate the paperwork, meet compliance and provide a communication tool to reduce risks and ultimately keep workers safe.

Chillwall AI

Pre Seed Round in 2017
Chillwall AI is a technology company based in Toronto that specializes in creating personalized experiences through its advanced AI concierge, named Betty. The company utilizes a deep learning algorithm to analyze user interactions across various digital platforms, providing tailored recommendations based on individual preferences, locations, and interests. Chillwall AI emphasizes the importance of real human interactions and seeks to transform curiosity into a desire for immersive experiences. In addition to its core technology, the company offers AI-powered data insight mining services to enhance user engagement and understanding.

Colmakers

Pre Seed Round in 2017
Operator of an EdTech company intended to create educational robots that connect to the internet to encourage logical thinking. The company's product offers to help children learn how to code by using their application software and build their careers for the future, enabling users to get better at logical thinking while encouraging their imagination.

NGTronix Industries

Seed Round in 2015
Located in Guelph, Ontario, Canada and through leveraging the skills of those in the Tri-city area, NGTronix strives to be THE company which researches, develops and manufactures novel electronic devices for industries that historically have had little electronic solutions applied to their problems. They also provide consulting and contracting services for the creation on electronic equipment or infrastructure. They current have divisions researching and developing human body pressure sensing technologies and various marine technologies. Their consultation contracts currently reside in wiring logistics of large scale L.E.D Chandeliers.

Xenium IT

Seed Round in 2008
Provider of information technology services intended to manage current technology needs and help businesses plan for the future. The company focuses on networking infrastructure and server installations and specialized applications, enabling clients to eliminate the risk of ransomware, data loss, and downtime.
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