FounderFuel

FounderFuel is a mentor-driven venture accelerator based in Montreal, Canada, founded in 2011 by Real Ventures. The organization offers a three-month intensive program designed to support new startups in advancing along the venture path. During this program, participants benefit from the guidance of a network comprising veteran entrepreneurs, operators, and executives, which helps them refine their business visions, expand their professional networks, and accelerate their development. FounderFuel primarily focuses on seed funding opportunities, particularly in the technology sector, with a keen interest in startups leveraging artificial intelligence and machine learning.

John Stokes

Co-Founder, Investment Partner & Board Member

Past deals in Montreal

QuoteMachine

Seed Round in 2021
QuoteMachine is a sales software platform aimed at assisting local retailers in converting in-store conversations into online sales. When a customer leaves the store without making a purchase, the sales associate can send them a personalized microsite featuring the products discussed during their visit. This approach allows customers to conveniently order items when they are ready, resulting in a high conversion rate of 70% for the microsites. Additionally, QuoteMachine's platform enhances the sales experience for retailers, wholesalers, and manufacturers by streamlining quoting, ordering, invoicing, and payment processes. The platform also includes a live engagement tracker, which helps clients expedite negotiations and improve conversion rates.

Gallea

Pre Seed Round in 2020
Gallea is Canada's fastest growing online art gallery, showcasing local talent worldwide. It aims to become the world's largest art distribution network in the world. Founded in Montreal, Quebec, Canada.

PowerTree

Seed Round in 2020
PowerTree Inc. is a Montreal-based company that specializes in developing software solutions for the electrical maintenance of buildings. Founded in 2018, the company’s platform is designed to document and maintain electrical distribution systems, ensuring that building electrical data remains current for efficient maintenance. By facilitating documentation and optimizing daily operations, PowerTree’s software promotes collaboration among departments and shifts. It also generates email alerts when specific situations arise, allowing electricians to address issues promptly and effectively. This focus on enhancing operational efficiency enables maintenance electricians to minimize time spent on information retrieval, allowing them to concentrate more on maintenance tasks.

One Silicon Chip Photonics

Pre Seed Round in 2019
One Silicon Chip Photonics Inc. designs, develops, and produces navigation sensors for autonomous vehicles. The company provides Micro-Opto-Electro-Mechanical Systems (MOEMS) components and integrate them on Silicon-On-Insulator (SOI) substrate to create sensors for different applications. One Silicon Chip Photonics Inc. was founded in 2014 and is based in Montreal, Canada.

Chef Jasper

Pre Seed Round in 2018
Chef Jasper operates a business focused on robotic automation in the food industry, specifically through the development of automated robotic kitchens. Based in Montreal, Canada, the company aims to enhance accessibility to gourmet food by utilizing advanced technologies such as robotics, artificial intelligence, and computer vision. Its robotic workstations are designed to prepare a wide variety of dishes using fresh ingredients, ensuring consistent quality at a lower cost. Targeting food restaurants and arenas, Chef Jasper's innovative approach allows for efficient meal preparation, contributing to the growing trend of small-scale automation in culinary practices. Founded in 2016, the company is committed to making quality food more accessible to consumers through its cutting-edge food kiosks.

Pelcro

Seed Round in 2018
Pelcro Inc. operates a content subscription platform for publishers, blogs, and sites to sell digital content subscriptions. Its solutions include a dynamic paywall that adapts price, currency, and discount based on user behavior, location, and device in order to find the tipping point to convert; data and analytics that enables the team ranging from executive to individual contributor to impact KPIs and measure them in real time; and customer service software to manage subscribers, and support services. The company also offers machine learning algorithms for content creators to drive engagement and increase reader revenue; and shipping solutions to fulfill subscription and membership shipments. Pelcro Inc. was founded in 2016 and is based in Montreal, Canada.

Enkidoo AI

Pre Seed Round in 2018
Enkidoo Technologies Inc. develops and delivers cloud-based business applications that integrate with ERP, CRM, e-commerce, and other business applications. It serves retailers and distributors. The company was founded in 2015 and is based in Montreal, Canada.

LocketGo

Pre Seed Round in 2018
LocketGo Inc. is a Montreal-based technology startup that specializes in providing a rental service for lockers at events such as concerts, conventions, and festivals. Founded in 2016, the company offers a comprehensive locker rental solution equipped with radio-frequency identification (RFID) technology, digital PIN codes, and USB charging ports for mobile devices. In addition to event services, LocketGo has developed a smart locker network designed to facilitate parcel and food deliveries in densely populated urban areas. This innovative system allows for secure, contactless deliveries to smart lockers that are accessible to residents and merchants around the clock, enhancing convenience and efficiency in urban logistics.

InVivo AI

Pre Seed Round in 2018
InVivo AI is a Montreal-based company founded in 2017 that specializes in using artificial intelligence to enhance pharmaceutical research and development. The company primarily focuses on preclinical toxicology, aiming to improve the efficiency and effectiveness of drug development processes. By leveraging advanced AI technologies, InVivo AI seeks to transform traditional methodologies in the pharmaceutical industry, ultimately contributing to faster and more reliable outcomes in drug safety assessments.

Keatext

Seed Round in 2018
Keatext Inc. is a Montreal-based company founded in 2010 that offers a cloud-based solution designed to enhance business performance by analyzing customer feedback. Its primary product, Keatext, synthesizes unstructured data from various sources, including surveys, online reviews, chat logs, and social media, to provide actionable insights. This enables businesses to understand customer preferences and respond promptly to their needs. By delivering these insights on a comprehensive custom dashboard, Keatext helps organizations cultivate meaningful relationships with their customers and improve overall customer experience management.

Lexop

Pre Seed Round in 2017
Lexop Solutions Inc. develops a software that automates account collection and legal communication. It offers an email technology that enables account collection teams to monitor and optimize customer outreach, payment experience, and collection rates. The company enables property managers and landowners to send notices to their tenants; manage communication with tenants; and schedule admin tasks. Lexop Solutions Inc. allows law firms to serve and share legal documents electronically. It also enable users to request, collect, and sort documents online. In addition, it offers e-signature solution to law firms. Lexop Solutions Inc. was incorporated in 2012 and is based in Montreal, Canada.

Spotful

Seed Round in 2015
Spotful is an online platform that provides storytelling tools to its users. The platform enables its users to include custom videos, editable slides, and interactive spots in their media content. Furthermore, it features social media and media website integration. They are able to select videos, include content, and share with others. Spotful was launched in 2014 by Andrew Murray and is based in Montreal.

Delve Labs

Seed Round in 2015
Delve Laboratories, Inc. is a cybersecurity company based in Montreal, Canada, founded in 2014. It specializes in developing vulnerability assessment and management solutions aimed at enhancing the efficiency of cybersecurity and IT teams. The company offers a unified platform that automates key processes such as asset discovery, vulnerability scanning, identification, prioritization, and remediation. By leveraging artificial intelligence, Delve's solutions prioritize vulnerabilities in a contextual manner, allowing organizations to focus their remediation efforts effectively. This approach reduces the manual workload typically associated with vulnerability management, streamlining operations and minimizing risk. Delve Laboratories operates as a subsidiary of SecureWorks Corp.

Bus.com

Pre Seed Round in 2015
Bus.com is a bus rental platform that allows its clients to plan and book group transportation online. Its web app makes it easy to organize, book, join and enjoy bus trips. T The company was founded by travel industry veterans and built with startup hustle. Its headquarters is located at Montreal, Quebec.

Vuru

Seed Round in 2015
Vuru Inc. is a Montreal-based company that provides financial reports aimed at self-directed investors. Established in 2010 and operated as a subsidiary of Wave Financial Inc. since 2012, Vuru compiles and analyzes a vast array of financial, historical, and real-time data to deliver insights into various stocks. Its primary offerings include detailed stock reports that focus on company fundamentals and valuations, a portfolio tool that enables investors to assess the strengths and weaknesses of their holdings, and a stock screener designed to help users discover stocks based on specific valuation and qualitative criteria. Vuru's automated analysis engine efficiently processes extensive stock data, making it accessible and comprehensible for investors of all skill levels. The company covers over 5,500 stocks across major exchanges, including NASDAQ, NYSE, AMEX, and TSX, and provides these services free of charge to its users.

Seamless Planet

Seed Round in 2014
Seamless Planet Inc. is a distribution platform that connects travelers with a variety of tours and activities, catering primarily to airlines, hotels, and travel agencies. Established in 2014 and headquartered in San Francisco, California, the company offers an array of interconnected services designed to enhance the travel experience. Its platform includes features such as an AI-assisted concierge for personalized recommendations, a white-labeled online store, and a recommendation engine that suggests activities based on travelers' preferences. Additionally, Seamless Planet provides a Global Distribution System that serves as a single point of entry for accessing tours and activities across major online distribution channels. With a focus on combining artificial intelligence with a human touch, the company aims to deliver tailored experiences that meet the unique needs of each traveler. Seamless Planet also maintains a presence in Montreal, Quebec.

Selective Few

Seed Round in 2014
Selective Few Inc. operates a digital marketplace that enables users to shop from the collections of fashion boutiques. The company is based in Montreal, Canada.

DoBundle

Seed Round in 2014
DoBundle, Inc. is a company that offers innovative solutions for content creators, including brands, publishers, and bloggers, by transforming images into shoppable content across various social platforms. Founded in 2013 and based in Montreal, Canada, DoBundle enables users to easily discover and purchase products showcased in images spanning categories such as home and garden, fashion, technology, and health. By integrating a visual shopping cart with each image, DoBundle not only enhances consumer engagement but also optimizes visual content for marketers seeking brand awareness and lead generation. The company employs patented technology to generate a unique digital stamp that protects product links, ensuring that users are redirected to the original source of the image regardless of where it is shared. This approach allows content creators to retain traffic and revenue from their high-quality visuals, addressing the common issue of lost links that often occurs in the digital landscape.

Transit

Seed Round in 2014
Transit is a mobile app intended to help its users navigate their cities. Transit simplifies local travel in 125 cities worldwide. Upon launch, the bright, intuitive interface shows all nearby transportation options and departures. Users can plan trips, set reminders, and get notifications about disruptions. Plus, Transit also integrates other sustainable transport modes -- bike sharing, car sharing and Uber -- so users can determine the best way to get from A to B. With millions of active users in the US and Canada, Transit has emerged as the leading urban transit app in North America. The company is based in Montreal, Quebec.

Unsplash

Seed Round in 2013
Unsplash, Inc. is a photography community portal founded in 2013 and based in Montreal, Canada. The platform offers high-resolution photography that is freely accessible for various uses, supported by a community of users who share their images under the Unsplash License. Unsplash aims to create an open creative ecosystem, allowing individuals and organizations to utilize quality images without the constraints of traditional licensing. By fostering a collaborative environment, Unsplash encourages creativity and provides a valuable resource for designers, marketers, and content creators around the world.

reelyActive

Seed Round in 2012
reelyActive technology platform that delivers a real-time stream of location and context data. The company’s platform helps businesses to improve their operations, maximizing both efficiency and the human experience. It develops open-source software that can leverage existing in-building infrastructure to collect and stream the location of all radio-identifiable devices in real-time for any application. The company was incorporated in 2012 and is based in Montreal, Canada.

Seevibes

Seed Round in 2012
Seevibes provides audience intelligence to support performance marketing across various devices and advertising networks. It offers performance marketing services, such as CRM data for efficient remarketing. The company also provides Seevibes Audience Management Platform that connects customer and proprietary audience data to deliver performance for digital campaigns. In addition, it offers Engagement Graph, a map of the engagement of people on Facebook and Twitter that provides social media data, natural language processing, profile enrichment, geo-profiling, machine learning, language detection, brand affinity, and performance metrics. Seevibes was founded in 2011 and is based in Montreal, Canada with additional offices in Toronto, Canada; New York, New York; Paris, France; and Lausanne, Switzerland.