BeatConnect
Seed Round in 2024
BeatConnect is a Montreal-based tech startup that aims to transform the online music engagement landscape. The company has developed a collaborative platform and marketplace that integrates various aspects of music production, allowing musicians worldwide to connect and collaborate in real-time. Its proprietary technology uniquely enables the platform to interface with all third-party applications, creating a unified environment that eliminates technological barriers. By providing a standardized ecosystem, BeatConnect enhances collaboration, learning, and monetization opportunities for its users. Additionally, the platform gamifies the creative process, emphasizing the enjoyment of music creation.
Merinio
Seed Round in 2023
Merinio Inc. is a Montreal-based company founded in 2016 that specializes in cloud-based workforce automation software. The software is designed to enhance operational efficiency in complex business environments by offering features such as labor forecasting, auto shift fulfillment, on-demand schedule validation, and a compliance engine. It also includes tools for quick scheduling, template assistance, multichannel communication, employee portal access, and time and attendance tracking. By facilitating streamlined planning, scheduling, and management of workforce operations, Merinio aims to reduce costs and boost employee satisfaction. The software enables real-time communication of operational information, which can positively impact customer satisfaction and allows organizations to make immediate adjustments to optimize their human capital.
Goloot is an AdTech company based in Montréal, Québec, founded in 2019. It specializes in providing a user engagement management platform that assists mobile and web publishers in diversifying revenue streams and enhancing their first-party data. Goloot's platform enables brands to monetize their products by rewarding user engagement through a gamified ad experience. This innovative approach allows brands to offer curated e-commerce offers, thereby increasing customer engagement and improving their online brand image.
BeatConnect
Seed Round in 2022
BeatConnect is a Montreal-based tech startup that aims to transform the online music engagement landscape. The company has developed a collaborative platform and marketplace that integrates various aspects of music production, allowing musicians worldwide to connect and collaborate in real-time. Its proprietary technology uniquely enables the platform to interface with all third-party applications, creating a unified environment that eliminates technological barriers. By providing a standardized ecosystem, BeatConnect enhances collaboration, learning, and monetization opportunities for its users. Additionally, the platform gamifies the creative process, emphasizing the enjoyment of music creation.
Boundless Life
Seed Round in 2022
Boundless Life is a company based in Montreal, Canada, founded in 2021, that specializes in creating travel communities for families, particularly digital nomads. The business provides thoughtfully designed communities in picturesque locations worldwide, featuring location-independent private homes, co-working spaces, and a school system focused on experiential learning. Additionally, Boundless Life incorporates recreational hubs tailored to local cultures, allowing families to connect with one another while exploring diverse environments. By offering these services, the company facilitates sustainable travel experiences that enrich the lives of families and promote cultural immersion.
Puzzle Medical Devices
Seed Round in 2022
Puzzle Medical Devices Inc., founded in 2018 and based in Montreal, Canada, focuses on developing innovative heart pump technologies for treating advanced heart failure. The company's flagship product, the ModulHeart, is a modular percutaneous heart pump designed to reduce cardiac afterload and enhance renal perfusion in patients who are not candidates for heart transplant or surgical mechanical circulatory support. Its unique design allows for multiple pumps to be anchored in parallel within the descending aorta, facilitating hemodynamic support while minimizing risks associated with traditional procedures, such as bleeding and stroke. The ModulHeart aims to improve patient outcomes by providing sustained symptom relief, reducing hospital readmissions, and enhancing overall quality of life. Puzzle Medical has made significant progress, including completing its first-in-human study with positive results in cardiac and kidney function, receiving FDA Breakthrough Device Designation, and establishing a strong network of Key Opinion Leaders in the field.
Gallea
Pre Seed Round in 2021
Gallea is an online art gallery based in Montreal, Quebec, Canada, focused on promoting local artists to a global audience. It provides a platform for artists to showcase their work through virtual exhibitions, allowing them to create portfolios and share their artistic methods with potential buyers and exhibition venues. By facilitating these connections, Gallea aims to enhance artists' sales opportunities and establish itself as a significant player in the art distribution network worldwide. As one of Canada's fastest-growing online art marketplaces, Gallea is dedicated to elevating the visibility of emerging talent in the art community.
My Intelligent Machines
Seed Round in 2021
My Intelligent Machines (MIMs) is a Montreal-based company specializing in artificial intelligence and systems biology. It offers biopharmaceutical companies interactive augmented intelligence systems that facilitate accurate biological simulations during the early stages of drug development. These systems assist life scientists in creating precisely targeted and personalized therapies. MIMs also develops software designed for efficient and personalized medicine and agricultural systems, packaged as a software-as-a-service solution. Its offerings support patient stratification and the selection of therapeutic targets and biomarkers, which are essential for advancing personalized therapies. The company emphasizes open and explainable AI and data integration, enabling life-science organizations to leverage their big data and artificial intelligence capabilities to enhance food and drug production.
FlexPay
Seed Round in 2019
FlexPay is an AI-driven platform based in Montréal, Quebec, that specializes in recovering lost revenue from declined transactions. Founded in 2017, it employs advanced machine learning models to analyze transaction attributes and improve recovery rates, achieving success in recovering between 50% and 70% of declined payments. The platform is designed to address each transaction individually, utilizing a proprietary decline salvage and risk balancing strategy to minimize chargebacks and associated costs. FlexPay integrates smoothly with existing customer relationship management systems and payment gateways, enabling merchants to enhance their recovery efforts while maintaining customer retention and account health.
Evey Innovation
Seed Round in 2019
Evey Innovation Inc. is a Montreal-based company established in 2014 that specializes in developing a personal assistant for homes, designed to manage and adapt various connected devices. The Evey platform enhances residential safety and well-being by utilizing water damage detectors that can alert residents to leaks, escalate issues to employees without immediate action, or automatically shut off the water valve. By improving the autonomy of residents, the platform not only prioritizes safety but also aims to reduce operating costs for property management.
My Intelligent Machines
Seed Round in 2019
My Intelligent Machines (MIMs) is a Montreal-based company specializing in artificial intelligence and systems biology. It offers biopharmaceutical companies interactive augmented intelligence systems that facilitate accurate biological simulations during the early stages of drug development. These systems assist life scientists in creating precisely targeted and personalized therapies. MIMs also develops software designed for efficient and personalized medicine and agricultural systems, packaged as a software-as-a-service solution. Its offerings support patient stratification and the selection of therapeutic targets and biomarkers, which are essential for advancing personalized therapies. The company emphasizes open and explainable AI and data integration, enabling life-science organizations to leverage their big data and artificial intelligence capabilities to enhance food and drug production.
Aifred Health
Pre Seed Round in 2019
Aifred Health Inc. is a Montreal-based company that specializes in developing a deep-learning clinical decision support tool aimed at enhancing personalized medicine in psychiatry. Founded in 2017, Aifred Health addresses the longstanding challenges associated with the trial-and-error approach to treatment selection in depression, which is a leading cause of medical impairment. The company's application software features treatment prediction, interpretability, patient data tracking, and electronic patient record capabilities. By processing de-identified data, Aifred's AI model generates tailored therapeutic options for individual patients, enabling clinicians to make more informed decisions among various treatment options that may appear effective at a population level but vary significantly in effectiveness for individuals.
Thorasys
Venture Round in 2019
Thorasys Thoracic Medical Systems Inc. is a Montreal-based company specializing in respiratory medical devices. The company focuses on developing innovative pulmonary diagnostic technologies aimed at diagnosing and monitoring lung diseases, including asthma and chronic obstructive pulmonary disease. Utilizing a forced oscillation technique, Thorasys provides equipment that enables healthcare professionals to measure lung capacity across diverse patient populations. This technology facilitates early detection of lung diseases, enhancing the ability to monitor respiratory health effectively.
MY01 Inc. is a Montreal-based company that designs and develops a digital medical device specifically for measuring muscle pressure, which is critical for diagnosing Acute Compartment Syndrome (ACS). Founded in 2015, MY01 focuses on providing real-time and accurate measurements that enable timely clinical decisions. The company's sensor technology utilizes capacitive pressure sensors featuring a stable vacuum reference and advanced coating materials, ensuring tailored sensing capabilities. This innovative approach enhances the sensitivity and specificity of ACS diagnostics, equipping medical professionals with essential tools for effective patient care.
Saccade Analytics
Venture Round in 2019
Saccade Analytics Inc., founded in 2016 by Dr. Mimi Galiana, is a Montreal-based company that develops clinical tools for analyzing eye and head movement data to assess brain function. The company's flagship product, InSight, is designed to assist clinicians and therapists in diagnosing and monitoring conditions such as concussions, vestibular disorders, and other neurological issues. Dr. Galiana's extensive 30-year research background at McGill University in eye and head movement analysis laid the foundation for the company's innovative approach. Saccade Analytics aims to enhance the standard of neurological care by translating advanced research into practical, accessible tools for healthcare professionals.
Dispatch Coffee
Seed Round in 2019
Dispatch Coffee, founded in 2012 in Montreal, Canada, operates a coffee shop and sells whole bean coffee and coffee makers. Originally starting as a coffee truck, the company aims to make high-quality, responsibly-sourced coffee accessible to a broad audience. Dispatch Coffee emphasizes fairness for farmers and transparency for consumers, striving to provide a delightful shopping experience. Its vertically-integrated model and direct-to-consumer approach create a disruptive value proposition, enabling lower prices for customers while ensuring fair compensation for farmers.
Keatext
Seed Round in 2019
Keatext Inc. is a Montreal-based company that offers a cloud-based text analytics platform designed to enhance business performance by analyzing customer feedback from various sources. Established in 2010, Keatext utilizes artificial intelligence and natural language processing to synthesize large volumes of unstructured data, such as open-survey responses, online reviews, chat logs, and social media posts. The platform provides clients with actionable insights through a comprehensive dashboard, enabling them to understand customer sentiments and identify key areas for improvement. By delivering instant clarity on customer preferences and needs, Keatext empowers businesses to cultivate meaningful relationships with their customers and respond effectively to their feedback.
Foodrelay
Seed Round in 2019
FoodRelay is a homemade food production and supply company that specializes in delivering gourmet meals to employees of Montreal businesses. The company operates through a network of virtual kitchens and provides event catering services. FoodRelay offers a variety of meal kits designed to accommodate different dietary preferences and food allergies. Customers receive real-time notifications regarding the progress of their deliveries, ensuring a seamless experience. The service emphasizes convenience with safe, no-contract delivery options, enabling businesses to provide a diverse range of food choices for their staff. An online inquiry form is available on the company's website for easy access to their services.
LynX Inspection
Seed Round in 2018
LynX Inspection Inc. is a manufacturer of advanced inspection equipment that specializes in three-dimensional analysis and X-ray imaging to assess the internal and external structures of precision parts. Utilizing its patented technology, Predictive 3D Radiography, the company offers innovative solutions for detecting defects in complex components. Founded in 2016 and headquartered in Québec, Canada, LynX Inspection primarily serves the industrial inspection market, focusing on sectors with stringent quality requirements such as aerospace, defense, and automotive. The company's technology includes features like an X-ray simulator, auto image alignment, and the ability to capture multiple view angles, enabling efficient inspection of manufactured parts through detailed radiographic imaging.
Laurent Pharmaceuticals
Venture Round in 2018
Laurent Pharmaceuticals Inc. is a private biopharmaceutical company based in Montreal, Canada, focused on developing orally-active drug candidates aimed at modulating the immuno-inflammatory response in cystic fibrosis patients. The company's lead product, LAU-7b, is a novel once-a-day oral formulation of fenretinide, designed to address the compromised immune-inflammatory response associated with cystic fibrosis, a condition that can lead to significant pulmonary insufficiency. Founded in 2012, Laurent Pharmaceuticals is in the clinical stage of drug development, working to provide innovative treatment options for this complex disease.
FlexPay
Pre Seed Round in 2018
FlexPay is an AI-driven platform based in Montréal, Quebec, that specializes in recovering lost revenue from declined transactions. Founded in 2017, it employs advanced machine learning models to analyze transaction attributes and improve recovery rates, achieving success in recovering between 50% and 70% of declined payments. The platform is designed to address each transaction individually, utilizing a proprietary decline salvage and risk balancing strategy to minimize chargebacks and associated costs. FlexPay integrates smoothly with existing customer relationship management systems and payment gateways, enabling merchants to enhance their recovery efforts while maintaining customer retention and account health.
Inversago Pharma
Series A in 2018
Inversago Pharma Inc. is a preclinical-stage biotechnology company based in Montreal, Canada, focused on developing innovative therapies targeting metabolic and fibrotic disorders. The company specializes in peripherally-restricted CB1 receptor inverse agonists, which aim to offer new treatment options for conditions such as Prader-Willi syndrome, diabetes, and related metabolic disorders. Inversago Pharma's research includes addressing complications associated with diabetic kidney disease, non-alcoholic steatohepatitis, and various fibrotic diseases, including interstitial lung disease. Founded in 2015, the company is dedicated to enhancing patient outcomes through its pioneering approach to CB1 blockade.
Oxio is a connectivity platform based in Quebec, Canada, founded in 2017 by Marc-André Campagna and Francis Careau. The company operates as an internet service provider, offering customized internet packages designed to enhance user experience. These packages include free installation, stable internet speeds, and the provision of a modem and router, all without requiring contracts. Oxio aims to change the way individuals connect with their internet service provider by delivering affordable and flexible internet solutions.
SpherePlay
Venture Round in 2017
SpherePlay is a company that specializes in creating, delivering, and monetizing virtual reality (VR) experiences across various platforms. Founded in 2014 and headquartered in Montréal, Quebec, SpherePlay offers a suite of VR media players designed to enhance the integration of virtual reality into existing media distribution workflows. This platform enables broadcasters, publishers, and commercial content distributors to produce, deliver, and monetize VR and 360° content while allowing users to create, discover, watch, embed, and share immersive media. SpherePlay's focus on user-friendly and high-fidelity experiences positions it as a key player in the evolving VR landscape.
Moka (previously Mylo) is Canada’s #1 saving and investing app and we're on a mission to help people around the world achieve their financial goals. Moka makes it easy to save more, spend less, and invest smarter. The Moka app automatically rounds up your everyday purchases and invests the spare change, which makes it possible for everyone to start investing with no minimum investment, lifestyle change or financial knowledge required. Since launching in 2017, the app has been downloaded by 750,000 Canadians and earned thousands of 5-star reviews. In 2020, the company rebranded from Mylo to Moka and expanded to France to make it possible for more people to round up —but investing spare change is just the first Moka feature designed to help people save more, spend less, and invest smarter. Moka is developing new products driven by AI and human expertise that will reduce expenses, accelerate debt repayment, provide financial coaching, deliver valuable cashback rewards, and ultimately empower everyone to make the most of their money.
Thorasys
Seed Round in 2016
Thorasys Thoracic Medical Systems Inc. is a Montreal-based company specializing in respiratory medical devices. The company focuses on developing innovative pulmonary diagnostic technologies aimed at diagnosing and monitoring lung diseases, including asthma and chronic obstructive pulmonary disease. Utilizing a forced oscillation technique, Thorasys provides equipment that enables healthcare professionals to measure lung capacity across diverse patient populations. This technology facilitates early detection of lung diseases, enhancing the ability to monitor respiratory health effectively.
Soundbite Medical Solutions
Seed Round in 2016
Soundbite Medical Solutions Inc. is a cardiovascular medical technology company based in Montreal, Canada, established in 2013. The company specializes in the development and commercialization of a proprietary wire-based device and generator console that delivers safe shockwave energy within the cardiovascular system. This technology is specifically designed to treat chronic total occlusions (CTOs), which are blockages in the arteries that can lead to serious health issues. Soundbite Medical Solutions targets patients suffering from peripheral artery disease (PAD) and coronary artery disease (CAD), conditions that affect millions of individuals in the United States. By focusing on innovative solutions for vessel preparation, the company aims to enhance treatment options for these prevalent cardiovascular diseases.
Laurent Pharmaceuticals
Funding Round in 2016
Laurent Pharmaceuticals Inc. is a private biopharmaceutical company based in Montreal, Canada, focused on developing orally-active drug candidates aimed at modulating the immuno-inflammatory response in cystic fibrosis patients. The company's lead product, LAU-7b, is a novel once-a-day oral formulation of fenretinide, designed to address the compromised immune-inflammatory response associated with cystic fibrosis, a condition that can lead to significant pulmonary insufficiency. Founded in 2012, Laurent Pharmaceuticals is in the clinical stage of drug development, working to provide innovative treatment options for this complex disease.
ODS Medical
Seed Round in 2016
ODS Medical Inc. is a Montreal-based medical device company founded in 2015, specializing in the design and manufacture of innovative diagnostic tools for cancer detection. The company's flagship product is a Raman spectroscopy system that enables real-time detection of tissue abnormalities across various clinical settings. By combining advanced optical probes with sophisticated software powered by machine learning algorithms, ODS Medical aims to enhance physicians' decision-making capabilities, providing them with tools that offer high sensitivity, specificity, and accuracy. Through its commitment to developing groundbreaking medical technology, ODS Medical seeks to improve patient outcomes and support healthcare professionals in their diagnostic processes.
Minitrade
Seed Round in 2015
Minitrade, Inc. operates an online platform that facilitates the buying and exchanging of branded clothing for women, children, and maternity needs. Established in 2012 and based in Quebec City, Canada, Minitrade allows users to sell and exchange gently used clothing items, including tops, bottoms, dresses, swimwear, and shoes for girls, boys, and women. The platform caters to busy parents seeking to declutter their closets while providing access to high-quality clothing at significantly reduced prices, often up to 70 percent off retail. Minitrade's growth is evidenced by its expansion to 6,000 active members within its first year, reflecting a strong demand for affordable, sustainable fashion options. The company was founded by Isabelle Doucet, who recognized a gap in the market based on her personal experiences as a parent.
Sportlogiq
Seed Round in 2015
SportLogiq Inc. is a Montreal-based company that specializes in developing an artificial intelligence-driven sports analytics software platform. Founded in 2014, SportLogiq utilizes computer vision technology to analyze player movement and actions during games by leveraging standard broadcast feeds. This innovative platform provides teams with valuable insights to enhance their strategic planning and execution while enabling broadcasters to engage viewers more effectively. Additionally, the analytics generated by SportLogiq support media professionals in storytelling and data-driven reporting, thereby enriching the overall understanding of the game for teams, analysts, and fans alike.
handyem
Seed Round in 2014
Handyem Inc. specializes in designing and fabricating analytical instrument platforms tailored for life science researchers. Founded in 2010 and based in Québec, Canada, the company provides innovative portable flow cytometers, including the HPC-100 and HPC-150 models. These instruments facilitate various applications such as cell cycle and DNA analysis, green fluorescent protein transfection, apoptosis, and cell counting. Handyem also offers Cytodyem light software, which enables users to configure and save experiment parameters for the HPC-100, enhancing the efficiency of cytometry experiments through the use of forward and side scatter data.
Concept Geebee
Seed Round in 2014
Concept Geebee Inc. is a company based in Sherbrooke, Canada, that specializes in the design, manufacture, and marketing of motorized transportation vehicles, particularly focusing on electric scooters under the GEEBEE brand. Established in 2013, the company aligns its operations with the Government of Quebec's initiatives promoting electrification of transport and sustainable mobility. In addition to its electric scooters, Concept Geebee offers various accessories, such as front baskets and mudguards, to enhance the user experience. The company also provides advertising services through its bikes. With additional offices in France and Belgium, Concept Geebee is dedicated to fostering innovation in local businesses while contributing to environmentally friendly transportation solutions.
Mirametrix
Angel Round in 2013
Mirametrix Inc. is a Montreal-based company that specializes in artificial intelligence technology for human-computer interaction. Founded in 2008, it has developed a platform that detects and tracks facial features, eyes, gaze, and emotions. One of its key products, Glance, is an attention-sensing software that offers presence detection, facial recognition, and eye and gaze tracking, catering to various markets including consumer electronics, automotive, and mobile. This proprietary technology allows clients, such as original equipment manufacturers and independent software vendors, to create innovative user experiences across a wide range of devices. Mirametrix aims to enhance interactions between humans and technology through its advanced attention-sensing solutions.
Fortem
Venture Round in 2012
Fortem Inc. is a company specializing in the development of physical security information management technologies aimed at enhancing public safety and private security worldwide. The company's flagship product, Omnipresence 3D, is an advanced command and control software that offers a unified monitoring and alarm platform for various security and safety systems, including CCTV, fire detection, access control, and more. Featuring a unique 3D interface, Omnipresence 3D allows for comprehensive integration of existing security equipment, facilitating real-time incident response and management. Fortem's solutions are implemented in a diverse range of environments, including security-conscious cities, military facilities, mass transit systems, airports, utilities, and large campuses. Founded in 2005 and headquartered in Montreal, Canada, Fortem was previously known as Feeling Software Inc., having rebranded in March 2012.
Novidev Santé Active
Seed Round in 2012
Novidev Santé Active Inc. is a Montreal-based company that develops, produces, and markets organic fruit drinks, primarily under the brand name Anti+. The company's product line includes blueberry, cranberry, and pomegranate drinks, which are designed to be both nutritious and beneficial for health, featuring bioactive probiotics. Novidev Santé Active distributes its beverages through natural food stores and grocery stores across Canada. Established in 2010, the company is currently in liquidation.
Caristix
Seed Round in 2011
Caristix Inc. is a healthcare IT company based in Quebec, Canada, focused on enhancing data flow and interoperability for hospitals and healthcare partners. Founded in 2009, Caristix develops software solutions that streamline the management of HL7 data exchanges. Its offerings include Caristix Conformance Software for scoping and supporting HL7 exchanges, Caristix Pinpoint Software for message filtering, and Caristix Test Software for simulating and validating interfaces. Additionally, the company provides an HL7 software suite that automates the development, testing, and maintenance of interface specifications. By automating manual processes associated with HL7 interfacing, Caristix aims to significantly reduce deployment and testing times, ultimately improving operational efficiency for hospital IT teams and technology partners.