Concrete Ventures

Concrete Ventures is a venture capital investment firm established in 2019 and based in Halifax, Canada. It specializes in pre-seed funding, primarily targeting software and internet businesses within Canada. The firm is dedicated to fostering a "by founders, for founders" culture, emphasizing its commitment to being a value-add investor. Concrete Ventures takes a thoughtful approach to building its portfolio, focusing on innovative creators in Atlantic Canada.

Patrick Hankinson

Partner

Kory Henn

Associate

34 past transactions

PayTic

Seed Round in 2025
PayTic specializes in providing back-office solutions for payment issuers, enabling them to effectively manage their card programs. The company offers a SaaS platform that automates and centralizes program management processes, addressing various operational aspects such as customer support, chargebacks, fraud prevention, anti-money laundering compliance, reporting, and reconciliation. By streamlining these functions, PayTic enhances the efficiency and effectiveness of banks, credit unions, and fintech companies in handling their payment operations. The proprietary solutions significantly reduce operational costs and improve proactivity, thereby mitigating risks and delivering substantial value to its clients. PayTic's approach aims to transform payment management by introducing the Zero Ops model, which minimizes manual processes and provides a competitive edge in the industry.

Innerlogic

Seed Round in 2024
Innerlogic is a culture optimization software company that assists businesses in monitoring and mastering their culture, thereby improving team performance.

NovaResp Technologies

Seed Round in 2024
NovaResp Technologies offers artificial intelligence and personalized therapy to obstructive sleep apnea patients. They use medical technology to predict and prevent obstructive sleep apnea. They provide cMAP technology, which can be installed on any positive airway pressure machine and is primarily used to predict and prevent respiratory events.

Spellbook

Series A in 2024
Spellbook is a legal software startup that specializes in developing a generative artificial intelligence tool for contract drafting aimed at legal professionals. Its technology harnesses advanced language models to enhance contracting performance, utilizing extensive legal datasets. The platform automates document creation and streamlines routine legal tasks, allowing law firms to draft and review contracts more efficiently. Additionally, Spellbook supports online collaboration, enabling law firms to maintain clients' minute books in a shared workspace, thereby improving client intake processes and overall service delivery.

Bright Breaks

Venture Round in 2023
Bright Breaks offers a workplace wellness solution to boost employee wellness, connection, and productivity with 7-minute live micro-breaks. Bright Breaks' wellness platform is designed to provide users with maximum benefits while requiring the least amount of effort. It only takes a few minutes per day to reduce stress and improve well-being.

3D BioFibR

Seed Round in 2023
3D BioFibR Inc. is a biomaterial manufacturing company based in Halifax, Canada, founded in July 2020. The company specializes in producing high-value biofibers such as spider silk, collagen, and chitosan, which have diverse applications in biomedical engineering, green textiles, defense, and aerospace. Utilizing innovative dry-spinning and wet-spinning processes, 3D BioFibR creates fibers that replicate the biomechanical and biochemical properties of natural materials. Notably, its collagen fibers, branded as CollaFibR™, are reported to be stronger than natural tendons, while its spider silk is claimed to be tougher than steel and significantly more flexible. The company aims to address critical engineering challenges by providing commercially viable products for 3D bioprinting, cell culture, and tissue engineering. Through its pioneering research and proprietary production methods, 3D BioFibR seeks to become a leader in the sustainable manufacturing of advanced biofibers.

Commonplace

Venture Round in 2023
Commonplace is a citizen engagement platform focused on enhancing community influence in local planning and development processes. By facilitating communication between developers, city managers, and residents, the platform allows users to express concerns, propose solutions, and participate in formal consultations regarding planning applications. Unlike traditional consultation methods, which can be cumbersome and infrequent, Commonplace fosters ongoing dialogue and collaboration, helping communities actively shape their neighborhoods. The platform also provides tools for co-designing solutions and analyzing the social impact of new developments. By simplifying local participation and offering real-time insights into community sentiments, Commonplace enables a deeper connection between local authorities and residents, ultimately benefiting both parties by promoting transparency and responsiveness in urban planning.

Spellbook

Seed Round in 2023
Spellbook is a legal software startup that specializes in developing a generative artificial intelligence tool for contract drafting aimed at legal professionals. Its technology harnesses advanced language models to enhance contracting performance, utilizing extensive legal datasets. The platform automates document creation and streamlines routine legal tasks, allowing law firms to draft and review contracts more efficiently. Additionally, Spellbook supports online collaboration, enabling law firms to maintain clients' minute books in a shared workspace, thereby improving client intake processes and overall service delivery.

Trophi.ai

Seed Round in 2023
Trophi.ai is an e-sports coaching company that utilizes artificial intelligence to deliver personalized coaching services to players, regardless of their location or financial status. The company's software generates computer-based feedback, helping e-sports athletes enhance their skills and performance. In addition to its core focus on e-sports, Trophi.ai has plans to expand its artificial intelligence systems to support athletes in physical sports, enabling a broader range of users to benefit from AI-driven insights and training methodologies. Through its innovative approach, Trophi.ai aims to level the playing field in competitive gaming and sports.

NovaResp Technologies

Seed Round in 2023
NovaResp Technologies offers artificial intelligence and personalized therapy to obstructive sleep apnea patients. They use medical technology to predict and prevent obstructive sleep apnea. They provide cMAP technology, which can be installed on any positive airway pressure machine and is primarily used to predict and prevent respiratory events.

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.

pantree

Pre Seed Round in 2022
pantree is revolutionising the retail experience. we install and operate mini grocery markets inside residential and commercial developments. pantree markets feature self-service technology for 24/7 access and are fully autonomous, unmanned stores. we provide a hyper convenient 24/7 solution to people's everyday grocery needs, ranging from milk and eggs to ready meals and desserts.

Bright Breaks

Seed Round in 2022
Bright Breaks offers a workplace wellness solution to boost employee wellness, connection, and productivity with 7-minute live micro-breaks. Bright Breaks' wellness platform is designed to provide users with maximum benefits while requiring the least amount of effort. It only takes a few minutes per day to reduce stress and improve well-being.

PayTic

Seed Round in 2022
PayTic specializes in providing back-office solutions for payment issuers, enabling them to effectively manage their card programs. The company offers a SaaS platform that automates and centralizes program management processes, addressing various operational aspects such as customer support, chargebacks, fraud prevention, anti-money laundering compliance, reporting, and reconciliation. By streamlining these functions, PayTic enhances the efficiency and effectiveness of banks, credit unions, and fintech companies in handling their payment operations. The proprietary solutions significantly reduce operational costs and improve proactivity, thereby mitigating risks and delivering substantial value to its clients. PayTic's approach aims to transform payment management by introducing the Zero Ops model, which minimizes manual processes and provides a competitive edge in the industry.

TrojAI

Seed Round in 2022
TrojAI offers an advanced AI security platform specifically designed to protect artificial intelligence and machine learning applications and their underlying infrastructure. The platform includes features such as a firewall to defend against real-time threats, penetration test models, and remediation guidance to reduce risks before deployment. Developed by a team of data scientists and cybersecurity professionals, TrojAI enables enterprises to enhance the security of their AI systems through services like data transformation and model monitoring. These capabilities help defend against adversarial attacks while also improving model accuracy and performance. TrojAI's comprehensive approach includes a forensically tracked archival repository system, ensuring robust protection against data poisoning and model evasion attacks, making it suitable for large-scale enterprise needs.

Carbide

Seed Round in 2021
Carbide, formerly known as Securicy, makes enterprise-class security and privacy accessible to fast-growing companies. Unlike “checkbox-style” compliance solutions, our information security/privacy management platform enables customers to create, promote, and prove their commitment to security no matter which security framework or privacy regulation they wish to comply with.

Trophi.ai

Seed Round in 2021
Trophi.ai is an e-sports coaching company that utilizes artificial intelligence to deliver personalized coaching services to players, regardless of their location or financial status. The company's software generates computer-based feedback, helping e-sports athletes enhance their skills and performance. In addition to its core focus on e-sports, Trophi.ai has plans to expand its artificial intelligence systems to support athletes in physical sports, enabling a broader range of users to benefit from AI-driven insights and training methodologies. Through its innovative approach, Trophi.ai aims to level the playing field in competitive gaming and sports.

3D BioFibR

Seed Round in 2021
3D BioFibR Inc. is a biomaterial manufacturing company based in Halifax, Canada, founded in July 2020. The company specializes in producing high-value biofibers such as spider silk, collagen, and chitosan, which have diverse applications in biomedical engineering, green textiles, defense, and aerospace. Utilizing innovative dry-spinning and wet-spinning processes, 3D BioFibR creates fibers that replicate the biomechanical and biochemical properties of natural materials. Notably, its collagen fibers, branded as CollaFibR™, are reported to be stronger than natural tendons, while its spider silk is claimed to be tougher than steel and significantly more flexible. The company aims to address critical engineering challenges by providing commercially viable products for 3D bioprinting, cell culture, and tissue engineering. Through its pioneering research and proprietary production methods, 3D BioFibR seeks to become a leader in the sustainable manufacturing of advanced biofibers.

Talkatoo

Venture Round in 2021
Talkatoo develops and sells dictation software tailored for busy professionals such as doctors, veterinarians, and lawyers, who face demanding documentation requirements in their fields. By utilizing advanced voice recognition technology, the software efficiently transcribes notes, including complex medical terminology, which helps users streamline their documentation processes. This capability allows professionals to save time, potentially increasing their billings significantly. Talkatoo's solution is compatible with various software on both PC and Mac, including Electronic Medical Record (EMR) and Practice Management Software (PMS) systems commonly used in medical and veterinary practices. The company serves over 240 paying customers and has sold more than 400 seats, generating monthly recurring revenue exceeding $20,000. The ongoing product roadmap aims to enhance accessibility by developing a cross-platform solution compatible with web browsers and mobile applications.

Terris Earth Intelligence

Seed Round in 2021
Terris Earth Intelligence, formerly known as 3D Planeta Inc., specializes in advanced geo-mapping software that facilitates three-dimensional visualization of air, land, and sea. Founded in 2018 and based in Fredericton, Canada, the company’s platform enables users to select any point on a map to gain a comprehensive understanding of the terrain, structures, and obstacles present in that area. This software is particularly valuable in assessing critical situations such as emergencies and natural disasters, as well as in urban development, tourism, and conservation efforts. By providing photo-realistic images and detailed 3D mapping, Terris Earth Intelligence supports land exploration, emergency response, and defense by helping users identify and analyze terrain features, structures, and transportation routes in real time.

Anessa

Venture Round in 2021
Anessa is a software company focused on the biogas industry, offering advanced software solutions tailored for the management and optimization of anaerobic digestion plants. Their products include project modeling software that provides tools for simulation and assessment, allowing clients to effectively plan and operate these facilities. Anessa's software enables comprehensive analysis in areas such as conversion system selection, greenhouse gas emissions, carbon credits, site selection, and investment sensitivity. By automating waste-to-energy processes, Anessa aims to enhance environmental sustainability through the proliferation of energy projects.

TrojAI

Seed Round in 2021
TrojAI offers an advanced AI security platform specifically designed to protect artificial intelligence and machine learning applications and their underlying infrastructure. The platform includes features such as a firewall to defend against real-time threats, penetration test models, and remediation guidance to reduce risks before deployment. Developed by a team of data scientists and cybersecurity professionals, TrojAI enables enterprises to enhance the security of their AI systems through services like data transformation and model monitoring. These capabilities help defend against adversarial attacks while also improving model accuracy and performance. TrojAI's comprehensive approach includes a forensically tracked archival repository system, ensuring robust protection against data poisoning and model evasion attacks, making it suitable for large-scale enterprise needs.

MESH/diversity

Seed Round in 2020
MESH/diversity is a company that specializes in enhancing diversity and inclusion within organizations. Its platform provides automated development plans and comprehensive timelines related to hiring processes, workplace culture, and employee engagement. By enabling businesses to communicate more effectively, MESH/diversity aims to foster a positive organizational culture and mitigate unconscious biases. The solution is designed to deliver actionable insights that help create inclusive environments, ultimately supporting organizations in their diversity initiatives.

3D BioFibR

Seed Round in 2020
3D BioFibR Inc. is a biomaterial manufacturing company based in Halifax, Canada, founded in July 2020. The company specializes in producing high-value biofibers such as spider silk, collagen, and chitosan, which have diverse applications in biomedical engineering, green textiles, defense, and aerospace. Utilizing innovative dry-spinning and wet-spinning processes, 3D BioFibR creates fibers that replicate the biomechanical and biochemical properties of natural materials. Notably, its collagen fibers, branded as CollaFibR™, are reported to be stronger than natural tendons, while its spider silk is claimed to be tougher than steel and significantly more flexible. The company aims to address critical engineering challenges by providing commercially viable products for 3D bioprinting, cell culture, and tissue engineering. Through its pioneering research and proprietary production methods, 3D BioFibR seeks to become a leader in the sustainable manufacturing of advanced biofibers.

SalesRight

Seed Round in 2020
SalesRight is a developer of a cloud-based platform tailored for business-to-business (B2B) sales teams, particularly in the SaaS sector. The platform provides interactive quote delivery software that streamlines the processes of quote creation, delivery, and closing deals. By enabling sales teams to generate interactive live quotes, SalesRight enhances conversion rates and minimizes the time required for each sales opportunity. This efficiency allows sales teams to focus more on closing deals rather than administrative tasks, ultimately improving overall sales performance.

Talkatoo

Pre Seed Round in 2020
Talkatoo develops and sells dictation software tailored for busy professionals such as doctors, veterinarians, and lawyers, who face demanding documentation requirements in their fields. By utilizing advanced voice recognition technology, the software efficiently transcribes notes, including complex medical terminology, which helps users streamline their documentation processes. This capability allows professionals to save time, potentially increasing their billings significantly. Talkatoo's solution is compatible with various software on both PC and Mac, including Electronic Medical Record (EMR) and Practice Management Software (PMS) systems commonly used in medical and veterinary practices. The company serves over 240 paying customers and has sold more than 400 seats, generating monthly recurring revenue exceeding $20,000. The ongoing product roadmap aims to enhance accessibility by developing a cross-platform solution compatible with web browsers and mobile applications.

Spellbook

Equity Crowdfunding in 2019
Spellbook is a legal software startup that specializes in developing a generative artificial intelligence tool for contract drafting aimed at legal professionals. Its technology harnesses advanced language models to enhance contracting performance, utilizing extensive legal datasets. The platform automates document creation and streamlines routine legal tasks, allowing law firms to draft and review contracts more efficiently. Additionally, Spellbook supports online collaboration, enabling law firms to maintain clients' minute books in a shared workspace, thereby improving client intake processes and overall service delivery.

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.

Squiggle Park

Pre Seed Round in 2019
Eyeread, now known as Squiggle Park, is a digital literacy technology company based in Halifax, Canada, with additional offices in the United States. Founded in 2014, it focuses on enhancing literacy rates through an adaptive learning platform that utilizes engaging video games for children. The platform supports learners from preschool to grade eight, including English Language Learning populations, by offering a freemium model that makes high-quality educational content accessible to all. Squiggle Park's games are designed to keep users within their zone of proximal development, adapting to individual skill levels and ensuring effective learning. The platform has proven successful in fostering engagement and retention, outperforming industry benchmarks for mobile games. Its ease of implementation and educator dashboards that track learner progress contribute to high adoption rates among schools and organizations, making it a valuable tool for educators. In under two years, the platform attracted 2.5 million players, largely through word-of-mouth referrals from teachers.

Talkatoo

Pre Seed Round in 2019
Talkatoo develops and sells dictation software tailored for busy professionals such as doctors, veterinarians, and lawyers, who face demanding documentation requirements in their fields. By utilizing advanced voice recognition technology, the software efficiently transcribes notes, including complex medical terminology, which helps users streamline their documentation processes. This capability allows professionals to save time, potentially increasing their billings significantly. Talkatoo's solution is compatible with various software on both PC and Mac, including Electronic Medical Record (EMR) and Practice Management Software (PMS) systems commonly used in medical and veterinary practices. The company serves over 240 paying customers and has sold more than 400 seats, generating monthly recurring revenue exceeding $20,000. The ongoing product roadmap aims to enhance accessibility by developing a cross-platform solution compatible with web browsers and mobile applications.

Carbide

Pre Seed Round in 2019
Carbide, formerly known as Securicy, makes enterprise-class security and privacy accessible to fast-growing companies. Unlike “checkbox-style” compliance solutions, our information security/privacy management platform enables customers to create, promote, and prove their commitment to security no matter which security framework or privacy regulation they wish to comply with.

Proof

Pre Seed Round in 2019
Proof is a digital platform focused on modernizing government processes by facilitating a transition to paperless operations. It enables public servants and government officials to streamline approval workflows through features that allow for instant tracking of approval statuses, action assignments for each approver, and automated notifications for subsequent steps in the process. The platform also records a comprehensive history of changes, document revisions, and approval sequences. By digitizing application forms and enhancing data-driven decision-making, Proof improves the efficiency of internal approvals and supports better policy development.

SalesRight

Pre Seed Round in 2019
SalesRight is a developer of a cloud-based platform tailored for business-to-business (B2B) sales teams, particularly in the SaaS sector. The platform provides interactive quote delivery software that streamlines the processes of quote creation, delivery, and closing deals. By enabling sales teams to generate interactive live quotes, SalesRight enhances conversion rates and minimizes the time required for each sales opportunity. This efficiency allows sales teams to focus more on closing deals rather than administrative tasks, ultimately improving overall sales performance.
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