Aventrock Ventures

Aventrock Ventures is a Calgary-based family venture fund established in 2019, specializing in early-stage investments. The firm focuses on the information technology sector and aims to support entrepreneurial initiatives that contribute positively to society. Aventrock Ventures utilizes its own capital, along with its expertise and extensive network, to help businesses realize their full potential.

Michael Lang

Partner

22 past transactions

Beatdapp

Series A in 2024
Beatdapp is a music technology company that specializes in streaming fraud detection and royalty tracking for artists and music labels. Founded in 2018 and headquartered in Vancouver, B.C., with additional offices in Los Angeles and Toronto, Beatdapp aims to eliminate streaming fraud and ensure fair compensation for creators. The company's software provides real-time authentication and verification of music streams, addressing discrepancies between Digital Service Providers and rights holders. This innovative approach enhances the accuracy and transparency of streaming data, thereby increasing royalty revenue for artists while reducing potential legal issues related to royalties. With a team of industry and technology veterans, Beatdapp is positioned to significantly impact the music industry, which is projected to grow substantially in the coming years.

OSOM

Venture Round in 2023
OSOM is a company that focuses on developing innovative hardware and software solutions designed to enhance user privacy. It manufactures smartphones that empower users to manage and protect their private data from potential exploitation. By building an integrated system that encompasses the entire technology stack, OSOM enables individuals to take control of their personal information, ensuring a higher level of security and privacy in their digital interactions.

Vejii Holdings

Post in 2023
Vejii Holdings operates a digital marketplace focused on plant-based and sustainable living products, catering to a growing consumer demand for environmentally responsible choices. The platform features a diverse range of product categories, including grocery items, protein and sports nutrition, vitamins and supplements, personal care products, and vegan wines. By connecting consumers with both established brands and emerging local businesses, Vejii aims to enhance accessibility to sustainable options. The marketplace is designed to provide a user-friendly experience, utilizing data and artificial intelligence to effectively match brands with targeted audiences. Vejii's commitment to sustainability is reflected in its support for products that require fewer resources and generate lower carbon emissions compared to traditional alternatives. The company has built the necessary infrastructure to scale its operations both nationally and globally, ensuring prompt and consistent delivery while fostering a community dedicated to sustainable living.

NanoTess

Venture Round in 2023
NanoTess is a company specializing in the commercialization of nanotechnology solutions aimed at addressing various health-related challenges. The company develops nanotechnology-based medical products, specifically focusing on biocompatible and bio-selective wound dressings. By targeting chronic wounds, such as diabetic foot ulcers, NanoTess provides clinicians with innovative tools designed to meet unmet health needs. Their approach underscores the potential of small-scale technological advancements to deliver effective solutions in the health and decontamination sectors.

Symend

Series C in 2022
Symend Inc., established in 2016, is a technology company based in Calgary, Canada, with offices in Toronto and Denver. It specializes in developing debt recovery solutions for enterprises across financial services, telecommunications, and utilities sectors. Symend's core product is a software platform that combines automation, predictive analytics, and positive collections tactics to reduce debt delinquency while enhancing customer experience. The platform offers features such as treatment planning, campaign planning, self-treatment toolkit, and business logic control, empowering businesses to optimize key metrics like recovery rates and liquidation rates. Symend's approach leverages applied behavioral science and AI to create personalized engagements that guide customers towards positive financial outcomes, fostering lasting customer relationships.

Apollo

Series B in 2022
Apollo Insurance Solutions is Canada's largest online insurance marketplace, designed to facilitate the buying and managing of insurance for small businesses. The company's platform enables brokers to instantly quote, bind, and issue policy documents in real time, offering a range of insurance products including professional liability and health-related coverage. By empowering brokers with a digital solution, Apollo allows them to better meet the needs of their clients and adapt to evolving market expectations. Co-founded by Jeff McCann, David Dyck, Justin Hamade, and Drew Green, the company launched its platform after a successful beta testing phase in April 2019. Apollo also introduced a unique digital monthly subscription insurance model, further enhancing accessibility for small businesses. The leadership team comprises experienced industry and entrepreneurial figures, ensuring a strong foundation for growth and innovation in the insurance sector.

Kiwi Grocery

Pre Seed Round in 2021
Kiwi Grocery is an online platform dedicated to the sale of grocery and food products, offering a convenient shopping experience through its application. The company provides same-day delivery services, ensuring that customers receive their orders promptly. Kiwi Grocery is committed to transparent pricing and conducts weekly price checks to maintain competitive rates. Their logistics platform simplifies fulfillment and delivery processes for retailers, enabling efficient last-mile delivery options for customers.

Surf

Seed Round in 2021
Surf is a company that offers a browser extension designed to enhance consumer engagement and understanding for brands while compensating users for their data. The extension passively rewards individuals for their browsing habits and provides savings opportunities when shopping with preferred brands. With rapid growth, Surf expects to reach 800,000 users by the end of 2022. Additionally, Surf's enterprise division delivers high-quality data and commerce solutions to prominent brands across various industries, including entertainment and consumer goods. The company's mission is to establish a fair data economy, enabling consumers to receive value in both traditional and emerging digital environments. Surf is supported by a diverse group of investors, including notable figures from the tech and entertainment sectors.

Applikate Technologies

Venture Round in 2021
Applikate Technologies is a hardware and software company that develops a fully automated histology platform with integrated digital imaging. The platform automates the pathology workflow, reducing processing time, lowering cost, and improving image quality, which reduces the risk of misdiagnosis.

Innovere

Seed Round in 2021
Innovere Medical specializes in developing wireless peripheral devices designed to enhance patient comfort during Magnetic Resonance Imaging (MRI) examinations. Their flagship product, MRI-Voicelink, facilitates clear, noiseless communication between clinicians positioned both inside and outside the MRI suite, thereby improving patient participation and reducing anxiety levels.

Cohesic

Seed Round in 2021
Cohesic is a Decision Intelligence company focused on enhancing clinical decision-making through innovative solutions for chronic disease diagnosis and management. It offers a care intelligence platform that specializes in cardiovascular care, utilizing structured reporting software and diagnostic workflows. This enables diagnostic test providers and clinicians to improve reporting efficiency, decrease the likelihood of medical errors, and gain deeper insights into patient health. By leveraging data-driven methodologies, Cohesic aims to facilitate better patient outcomes and streamline clinical processes.

Showbie

Series A in 2021
Showbie is a digital platform designed to enhance the educational experience by streamlining assignment management, feedback, and communication between teachers and students. Its user-friendly interface enables teachers to quickly set up and utilize a suite of tools that foster engaging and collaborative learning environments. Showbie allows teachers to create, assign, and review paperless assignments, incorporating features such as annotation tools, voice notes, and grade books. This platform facilitates rich, differentiated feedback, ensuring that all students receive the support they need to succeed. Additionally, it promotes collaboration among students and enables teachers to connect with colleagues and families through dedicated groups for sharing updates and discussing student needs. With over 3 million users globally, Showbie aims to be a leading solution in the digital classroom space, helping educators improve feedback quality and streamline grading processes.

Phoenix Molecular Designs

Series A in 2020
Phoenix Molecular Designs Ltd is a biotechnology company based in Vancouver, Canada, with an additional office in San Diego, California. Founded in 2012, the company specializes in the development of small molecule kinase inhibitors as targeted therapies for cancer. Its primary focus is on developing first- and best-in-class inhibitors that uniquely target p90 ribosomal S6 kinase (RSK), which has shown promise in treating metastatic breast cancer, including triple-negative breast cancer (TNBC). Phoenix Molecular Designs has successfully completed a Phase 1 first-in-human clinical trial with its lead asset, PMD-026, and has also conducted a Phase 1b mono-therapy trial in TNBC across several leading medical centers in the United States. Currently, a Phase 2a trial is underway for HR+/HER2- metastatic breast cancer. The company's platform shows potential in enhancing treatment options for various refractory cancers by providing adjuncts to chemotherapy, hormone therapy, and immunotherapy.

Arbor

Seed Round in 2020
Arbor is a carbon accounting platform that assists companies in calculating and reducing their carbon emissions to achieve net-zero goals. The platform features automated Product Carbon Footprinting (PCF) capabilities, allowing users to assess the carbon footprints of their products throughout their entire lifecycle. It offers tools such as Hotspot Analysis, which identifies the materials, suppliers, components, or activities that contribute most to emissions, and Product Prototyping, which enables companies to strategically design products with lower emissions. Arbor serves a diverse range of clients, including well-known brands, helping them accurately measure emissions, enhance sustainability efforts, and navigate compliance regulations effectively. The platform empowers organizations to make informed decisions and showcase their commitment to sustainability.

Bidali

Venture Round in 2020
Bidali is a payment platform that enables businesses, both small and large, to accept next-generation payments, including digital currencies. The company specializes in creating a safer and more inclusive global financial system through its proprietary blockchain technology. Bidali's platform offers a range of services, including developer-friendly APIs and e-commerce plugins that facilitate the integration of digital currency payments into applications or websites. Additionally, it features a mobile wallet that provides a secure and user-friendly way to send, receive, and store cryptocurrencies. By allowing customers to buy gift cards for online and in-store payments, Bidali helps businesses increase sales and reduce fraud while offering flexible payment solutions.

La Santa Botanicals

Venture Round in 2020
LaSanta Botanicals Ltd. is a Calgary-based company that cultivates, manufactures, and exports cannabis, cannabis extracts, and cannabis genetics primarily to pharmaceutical companies in Canada and Colombia. Established in 2017, the company focuses on producing organic medical cannabis and maintains a genetic bank for independent laboratory testing of its extracts. LaSanta Botanicals offers a diverse range of products, including heirloom and handcrafted strains, as well as crude extractions. By providing high-quality, economical, and organic medical cannabis, the company aims to enhance the quality of life through botanical remedies.

Leankor

Seed Round in 2019
Leankor is a software-as-a-service (SaaS) enterprise that specializes in visual workflow and project management solutions, fully integrated with the Salesforce App Cloud and Salesforce CPQ. The company's no-code collaborative work management platform offers an integrated order-to-cash workflow, transforming outdated project management systems into streamlined processes. By providing real-time visibility and collaboration, Leankor helps clients such as telecommunication service providers, industrial equipment manufacturers, and large-scale renewable energy providers enhance their operational efficiency. Its solutions enable businesses to deliver products and services more quickly, accelerate invoicing, and improve overall cash flow, resulting in better business outcomes.

PLAYR.gg

Venture Round in 2019
PLAYR.gg was a technology platform focused on helping enterprise brands enhance their gaming audience through customer engagement strategies. The platform facilitated giveaways that allowed users to win prizes by supporting their favorite creators and brands. This approach aimed to improve brand visibility and foster relationships between businesses and their customers. In February 2022, PLAYR.gg was sunset and merged into the Surf brand following its acquisition by Trufan, Inc.

Wize

Seed Round in 2019
Wize is an online education platform designed for university students across Canada, providing instant access to high-quality exam preparation courses. The platform offers a variety of resources, including course-specific video tutorials, practice problems, and expert tutoring, allowing students to enhance their understanding of course material efficiently. By delivering content through bite-sized videos and comprehensive notes, Wize enables students to study at their own pace, anytime and anywhere. This innovative approach not only reduces the stress of exam preparation but also makes learning more accessible and cost-effective compared to traditional resources. Whether students need to catch up, get ahead, or explore challenging concepts, Wize equips them with the necessary tools to achieve their academic goals.

Pirpos

Venture Round in 2019
Pirpos is a cloud-based software company that specializes in providing point-of-sale (POS) systems for the restaurant, bar, and nightclub industries. The company’s platform enables real-time management of various business operations from any location. Its comprehensive suite of tools includes features for order processing, payment handling, inventory management, table management, and expense tracking. Additionally, Pirpos offers functionalities such as automated order printing in the kitchen, invoicing, online ordering, and performance dashboards with graphical insights. This user-friendly system is designed to help businesses streamline their operations and enhance efficiency, making it a cost-effective solution for managing diverse aspects of the food and beverage industry.

Chata.ai

Seed Round in 2019
Chata.ai is a company that specializes in transforming complex data into actionable insights through its decision intelligence platform. The platform employs proprietary conversational artificial intelligence technologies, allowing users to access, search, and analyze business data using natural language queries. This capability simplifies the process of obtaining information, enabling enterprises to eliminate reporting and analytical learning curves. Chata.ai offers comprehensive data architecture services, including data preparation, custom language model creation, deployment, and user onboarding. The company focuses on integrating diverse data sources, connecting with systems like ERP and SAP, to provide unified insights and eliminate data silos. Additionally, it delivers real-time alerts on key metrics, enhancing efficiency and decision-making. Chata.ai's solutions are designed with scalability in mind, featuring open APIs for seamless integration and ensuring data security by operating within the customer's infrastructure. By harmonizing fragmented data, Chata.ai supports businesses in making informed decisions quickly and effectively.

Token Naturals

Venture Round in 2019
Token Naturals is a company specializing in the extraction and development of cannabis products tailored for consumer packaged goods companies. It operates a dedicated cannabis facility where it creates, tests, and formulates products according to specific concentrations, cannabinoid ratios, and delivery methods. This approach allows Token Naturals to provide a range of cannabis extracts that enhance consumer experiences and promote well-being, aligning with the company's commitment to supporting a balanced lifestyle.
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