inovia capital

Inovia Capital is a venture capital firm based in Montreal, Canada, founded in 2007 by Chris Arsenault. The firm specializes in investing in early-stage and growth-stage companies, targeting sectors such as mobile technology, consumer internet, software as a service, digital media, healthcare, and biotechnology, among others. With over $1 billion in assets under management, Inovia Capital seeks to support passionate tech founders with global ambitions by providing not only capital but also coaching and access to talent within key ecosystems in Canada, the United States, and Europe. The firm focuses on applied services and infrastructure platforms aimed at transforming complex legacy industries, including financial services and healthcare.

Shawn Abbott

Co-Founder & Partner

Charlotte Borgognoni

Associate

Magaly Charbonneau

Partner

Steven Chung

Associate

Alysaa Co

Associate

François Gauvin

Partner

Kelly Jacques

Associate

Hugues Lalancette

Partner

Kristopher Mariani

Director of Finance and Administration

Sarah Marion

Analyst

Michael McGraw

Associate

Mia Morisset

Associate

Scott Munro

Venture Partner

Karamdeep Nijjar

Partner

Gabriele Papievyte

Associate

Camille Pfeiffer

Operations Analyst

Patrick Pichette

Partner

Todd Simpson

Partner

Thomas Terrats

Principal

Pranit Tukrel

Growth Equity Investor

Steven Woods

Partner, CTO

259 past transactions

Flare

Series A in 2022
Flare Systems Inc is a cybersecurity company based in Montreal, Canada, established in 2017. It specializes in developing tools designed to assist financial institutions and other organizations in safeguarding their data from cyber threats. The company offers a dark net monitoring system that provides valuable intelligence to information security and fraud management teams at banks. By aggregating data from various sources, including stolen information broadcasts, private forum discussions, chat posts, and cryptocurrency transactions, Flare combines this information with criminological research to deliver actionable insights. Its platform effectively monitors activities across various threat landscapes, enabling teams to connect the chains of attack related to phishing, money laundering, and other fraudulent activities, thus helping to prevent costly data breaches before they occur.

Haloo

Seed Round in 2022
Navigating the trademark search and registration process can be daunting and onerous for business owners and entrepreneurs. Heirlume is the first self-serve online trademark search and registration platform that integrates sophisticated legal thinking with technology. We make the complex trademark search and registration process fast, accurate, trusted and affordable for entrepreneurs and enterprise/e-com partners. Our search tool instantly runs the country-specific legal tests (i.e., “likelihood of confusion”) and performs lawyer analysis. Intelligent search algorithms provide an at-a-glance opinion of registerability (conflicts, descriptiveness, obscenity), displayed in simple visuals. Distilling the multiple data sets involved with drafting a trademark application requires time-consuming legal analysis. Our machine learning auto-suggest trademark application builder performs the lawyer work and removes room for error. While our first go to market strategy will target SME individual users, we see huge potential in expanding our market reach through key B2B partnerships as an upsell/add-on to a domain purchase (GoDaddy), or store set-up (Shopify or Amazon). Ultimately, we believe we can make trademark registration quick, easy and affordable, similar to the experience of registering a domain.

Certn

Series B in 2022
Certn Holdings, Inc. is a technology company based in Victoria, Canada, that specializes in applicant screening and risk management solutions. Founded in 2016, Certn uses machine learning and artificial intelligence to evaluate customer credibility, aiming to enhance financial inclusion. The platform offers a comprehensive suite of services for landlords, property management firms, and financial institutions, including criminal record checks, identity verification, and employment and education verification. Certn employs a three-dimensional approach to scoring applicants, utilizing social, behavioral, and financial profiling to assess risk and predict credibility. This methodology allows clients to efficiently identify and manage applications, ultimately streamlining the hiring and tenant selection processes. Additionally, Certn's proprietary Softcheck tool scans extensive databases for negative information, providing rapid results to its users.

Tengiva

Seed Round in 2022
Developer of a supply chain operations software designed to optimize the use of resources and processes in the textile and clothing supply chains. The company's software features in-stock textile products and curated fabrics from worldwide suppliers and centralizes and provides structured access to data for textile manufacturers, industry-promotional associations, governmental organizations, and finished apparel brands, enabling businesses to optimize resource usage, increase transparency across the entire supply chain, and promote improved practices.

Signal 1

Seed Round in 2022
Signal 1’s AI platform helps hospitals tackle these by integrating AI-driven insights directly into existing workflows, delivering improved patient outcomes, enhanced hospital efficiency and reduced stress for front-line workers.

Disco

Series A in 2022
Disco is a platform for creators to build and scale their learning empire easily in one place. Our vision for learning leaves the industrial age behind and looks to a world of lifelong learning, that's live, with peers, led by creators we trust and accessible from anywhere.

RouteThis

Series A in 2022
Intelligent automation for tech support

Hopper

Secondary Market in 2022
Hopper Inc. is a travel technology company that has developed a mobile application leveraging big data to predict and analyze airfare and hotel prices. Founded in 2007 and headquartered in Montreal, Canada, with additional offices in Cambridge, Massachusetts, New York, New York, and Sofia, Bulgaria, Hopper assists travelers in securing the best deals by providing timely notifications when flight and accommodation prices reach their predicted lowest points. By offering data-driven travel recommendations, Hopper enhances the booking experience for users, enabling them to make informed decisions and save money on their journeys.

BenchSci

Series C in 2022
BenchSci's vision is to bring medicine to patients 50% faster by 2025. The company empowers scientists with the world’s most advanced biomedical artificial intelligence to run more successful experiments. Backed by F-Prime, Gradient Ventures (Google’s AI fund), and Inovia Capital, BenchSci's proprietary technology accelerates science at 15 top 20 pharmaceutical companies and over 4,300 leading research centers worldwide. BenchSci is a CIX Top 10 Growth company, certified Great Place to Work®, and top-ranked company on Glassdoor.

Conduit

Seed Round in 2022
Conduit provides one API for connecting to DeFi. We enable companies to launch crypto-backed earnings products within their existing financial service platforms in days, not months. With Conduit, financial growth can become accessible to everyone.

Spatial

Series B in 2021
Spatial Systems, Inc. is a New York-based company founded in 2016 that offers an augmented workplace platform designed to enhance collaboration and productivity. The platform enables users to conduct meetings using spatial audio and 3D telepresence, facilitating a more immersive interaction. It also allows for the sharing and organization of various digital content, such as 3D models, videos, documents, images, and websites, effectively transforming traditional work environments into dynamic digital workspaces. By leveraging cutting-edge technology, Spatial aims to empower individuals and organizations to unlock their creative potential and improve connectivity. The company has attracted investment from notable venture firms and angel investors, underscoring its innovative approach within the augmented reality and virtual reality sectors.

Life House

Series C in 2021
Life House is creating a network of lifestyle hotels that are more experiential and more affordable through a powerful software-enabled brand & management platform. Our proprietary software materially reduces the costs of operating a hotel and increases revenues, delivering superior returns to our hotel owners (we do not own or invest in real estate).

Spare

Series A in 2021
Spare is on a mission to help accelerate the global shift to autonomous vehicles by enabling anyone to plan and launch a smart transportation network in seconds. Spare builds the tools that power the future of mobility services. From the world’s largest transportation companies to small rural transit agencies, our customers use Spare Platform to launch innovative and efficient transportation networks.

Neo4j

Series F in 2021
Neo4j, Inc. develops a leading graph database platform designed to connect diverse community deployments and customers, enabling the exploration of interrelationships among people, processes, locations, and systems. This platform addresses various data challenges and supports applications in areas such as artificial intelligence, analytics, fraud detection, identity and access management, knowledge graphs, master data management, IT operations, risk compliance, recommendation engines, and social networking. Neo4j serves a wide range of industries, including financial services, retail, government, and telecommunications. Founded in 2007 and headquartered in San Mateo, California, the company has expanded its presence with additional offices in Sweden, the United Kingdom, and France, solidifying its position as a prominent player in the graph database market.

Fellow.app

Series A in 2021
Fellow Insights, Inc. is a cloud-based software company based in Ottawa, Canada, founded in 2017. The company specializes in developing tools that assist managers, team leaders, and employees in managing work interactions. Its software facilitates one-on-one meetings, team meetings, peer-to-peer feedback, performance reviews, recognition, and priority settings. Fellow is designed to enhance team dynamics by providing personalized recommendations that support team growth. The platform enables effective check-ins, performance appraisals, and feedback, making it suitable for both small teams and larger organizations. It aims to empower leaders with smart suggestions and tools to improve workplace communication and collaboration.

Rewind

Series B in 2021
Since 2015, Rewind has been on a mission to help small and medium businesses keep growing online. Today, over 30,000 total customers in more than 100 countries use Rewind’s top-reviewed software and support to easily control the software-as-a-service data that's critical to their success. Rewind's solutions empower businesses to protect and recover the data they need for consistent growth.

Neo Financial

Series B in 2021
Credit card, rewards, and deposits all in one.

Colabra

Seed Round in 2021
Colabra makes scientific teams more efficient with real-time collaboration, integration of all data, and agile project management.

EnPowered

Seed Round in 2021
EnPowered helps businesses take charge of their energy usage and costs. We provide free audits on energy bills to deliver up to 70% in cost reductions. We also run analytics on our customers’ energy usage to help them save even more, offering energy retrofits to reduce energy consumption. We are working to give Power to the People. We help our customers control their energy usage and costs, and also allow small businesses to group together to get lower electricity rates; group-buying for energy.

Playbook

Seed Round in 2021
Playbook, as a beautiful, organized home base for all creative work. For teams, Playbook makes it easy to share, and collaborate on visual projects; and for freelancers, Playbook makes collaborating with clients and sharing their work with the world totally seamlessly. Playbook runs on advanced and intelligent technology. It automatically imports, tags, categorizes your entire media library, in minutes.

Armored Things

Series A in 2021
Armored Things Inc. is a Boston-based company that specializes in security management software designed for security agencies. Founded in 2016, it offers the Armored Things Crowd Intelligence Platform, which consolidates data from various sources to enhance operational and security-related decision-making. This platform features analytics, reporting, and visualization tools that provide real-time insights into crowd dynamics and movement within a given space. Additionally, the software automates incident response by connecting with existing devices in venues, such as lights, cameras, locks, and sensors. Armored Things focuses on enhancing safety in large shared environments, including schools, stadiums, and public spaces, by utilizing its predictive incident and emergency response capabilities integrated with IoT and mobile devices.

AlayaCare

Series D in 2021
AlayaCare is a start-up that delivers an end-to-end home health care software platform and hardware ecosystem. The platform allows home care agencies to deliver mixed telehealth/visiting health solutions enabling empowered patients to live better while driving down the cost of care. The founders are a proven team of entrepreneurs who have founded, scaled, and sold two mobile software business. AlayaCare aims to provide a solution to a market mired in legacy software and suboptimal business processes. In doing so, it delivers better outcomes for the patient, better tools for the providers, and better economics for the payers. It promotes an open culture where every team member has the obligation to dissent, but the obligation to always keep the big picture in mind. Through its association with The Madiro Fund, the company also contributes its solution free of charge to NGOs working in the developing world who are seeking to leverage mobile technology to improve the lives of those less fortunate. Adrian Schauer and Neil Grunberg launched the company in Montréal, Quebec in 2014.

Resq

Seed Round in 2021
ResQ is the all-in-one app to request, track and pay for your restaurant's repair and maintenance needs.

Bench

Series C in 2021
Bench Accounting Inc. is a fintech company based in Vancouver, Canada, that specializes in providing online bookkeeping services for small businesses. Founded in 2012, the company combines intuitive software with a dedicated team of professional bookkeepers to automate accounting tasks, allowing clients to manage their finances more efficiently. Bench offers a range of services, including monthly financial statements, year-end financials, and year-round tax support, ensuring that business owners have access to comprehensive financial reporting and expert assistance. With a focus on affordability and convenience, Bench aims to streamline the bookkeeping process, empowering clients to concentrate on growing their businesses. The company has raised significant funding to support its operations and currently employs a workforce dedicated to serving thousands of clients across Canada.

Wealthsimple

Private Equity Round in 2021
Wealthsimple Financial Inc. is a Toronto-based company that offers digital investment advisory services across Canada, including provinces and territories such as Ontario, British Columbia, and Alberta. Founded in 2014, the firm provides a range of financial tools designed to help investors grow and manage their wealth. Wealthsimple's primary offerings include an application that allows users to invest in diversified portfolios of exchange-traded funds and a hybrid product known as Wealthsimple Cash, which combines savings and spending features. The company serves over one million Canadians and is supported by a team of financial experts and technology professionals with experience from leading firms. In addition to its Canadian operations, Wealthsimple has offices in New York and London and operates as a subsidiary of Purpose Advisor Solutions Inc.

Botpress

Series A in 2021
Botpress, Inc. is a company that specializes in designing and developing an open-source chatbot development platform. Founded in 2016 and based in Newark, Delaware, Botpress provides software that enables the creation of various types of chatbots, including scripted, artificial intelligence, and application-based options. The platform is widely used by developers, organizations, and individuals, facilitating the building, deployment, and management of chatbots. Key features include a conversational flow management system and natural language understanding, allowing businesses to create customizable conversational experiences. Additionally, the platform is designed to be manageable by non-developers after deployment, making it accessible for a broader audience to enhance their conversational strategies.

Plooto

Series A in 2021
Plooto, Inc. is a Toronto-based company that operates a cloud-based payments platform designed for small and medium-sized businesses. Founded in 2015, Plooto's platform simplifies the payment process by allowing users to send and receive payments online efficiently. It enables businesses to make payments to any recipient with an active bank account within 2-3 business days. Additionally, Plooto automates transaction reconciliation with popular accounting software, streamlining financial operations for its users.

Clearco

Series C in 2021
Clearbanc provides growth capital for web-enabled businesses through its 20-minute term sheet. The company offers fast, affordable growth capital to eCommerce and B2B/SaaS companies. Its investments range from $10K - $10M and its portfolio spans small businesses across the United States, Canada, and the United Kingdom to some of the fastest-growing consumer brands. Launched in 2015, Clearbanc uses proprietary underwriting technology to offer more capital at quicker speeds and more flexible terms than other financing alternatives.

Swyft

Series A in 2021
ShipSwyft Inc. develops same day delivery application that connects merchants to existing courier networks. It serves ecommerce brands with postal zone calculation, multiple fulfillment options, and real-time address verification. The company offers rapid deployment, improve customer experience, and dynamic supply to meet demand serves to retailers and it offers integration with shipping API, quality of service, and ease of execution service to 3PL and distributors. ShipSwyft Inc. was founded in 2020 and is based in Toronto, Canada.

Hopper

Series F in 2021
Hopper Inc. is a travel technology company that has developed a mobile application leveraging big data to predict and analyze airfare and hotel prices. Founded in 2007 and headquartered in Montreal, Canada, with additional offices in Cambridge, Massachusetts, New York, New York, and Sofia, Bulgaria, Hopper assists travelers in securing the best deals by providing timely notifications when flight and accommodation prices reach their predicted lowest points. By offering data-driven travel recommendations, Hopper enhances the booking experience for users, enabling them to make informed decisions and save money on their journeys.

Livescale

Seed Round in 2021
Through their multicloud SaaS platform, Livescale allows to create LiveShopping events on any web environment, providing live video streaming, engagement modules (chat/quizz/survey/...) and instant checkout, directly connected to your eCommerce platform. Get data, audience ownership & improved revenues by creating personal, authentic & experiential livestreaming events.

Neeva

Series B in 2021
Neeva, Inc. develops and operates software as a service (SaaS) based an ad-free search engine that helps users to find online content. Its platform search for information on the web as well as personal files like emails and other documents. Neeva, Inc. was formerly known as Anamika Inc and changed its name to Neeva, Inc. in March 2019. The company was incorporated in 2018 and is based in Mountain View, California.

Super.com

Series B in 2021
We believe the commerce should be as simple as chatting with a friend. We have built an engine that drives commerce over messaging. As our first implementation of this engine - we have chosen hotels. SnapTravel empowers customers to find and book hotel rooms over a conversational interface (SMS, Facebook Messenger, WhatsApp, Alexa...). We use NLP and ML technology backed by humans to recommend hotels and deliver a delightful experience. We have driven over $100MM+ in sales exclusively over messaging. We have raised $20MM+ USD from tier-1 investors including iNovia, Telstra Ventures, Peter Kern (Chairman of the Board at Expedia) and NBA Superstar Steph Curry.

Symend

Series B in 2021
Symend Inc. develops a digital engagement platform designed to enhance debt recovery processes while prioritizing positive customer experiences. Founded in 2016 and based in Calgary, Canada, with additional offices in Toronto and Denver, the company utilizes behavioral science and advanced analytics to provide enterprise clients with insights into consumer behavior. This enables businesses to engage customers effectively and encourages them to resolve past due bills through personalized communications, self-service tools, and flexible repayment options. Symend's platform incorporates features such as treatment planning and campaign management, aiming to reduce debt delinquency and improve customer satisfaction. The company serves a diverse range of industries, including telecommunications, financial services, utilities, and media, and operates globally across North America, Latin America, and the Asia-Pacific region.

Rewind

Series A in 2021
Since 2015, Rewind has been on a mission to help small and medium businesses keep growing online. Today, over 30,000 total customers in more than 100 countries use Rewind’s top-reviewed software and support to easily control the software-as-a-service data that's critical to their success. Rewind's solutions empower businesses to protect and recover the data they need for consistent growth.

Nacelle

Series A in 2021
Nacelle, Inc. develops headless e-commerce software that connects with e-commerce store's product catalog. It offers Nacelle, a software that enables merchants to connect with their platform; developers to create e-commerce storefronts without coding; and agencies to add apps. The company software also pairs with existing Shopify store for headless progressive web app implementation. Nacelle, Inc. was founded in 2019 and is based in Santa Monica, California.

Neo Financial

Series A in 2020
Credit card, rewards, and deposits all in one.

DarwinAI

Seed Round in 2020
DarwinAI Corp. specializes in designing and developing a platform that generates deep neural networks for enterprise artificial intelligence applications. The company's flagship product, GenSynth, is a software platform that provides developers and data scientists with tools to accelerate the deep learning development cycle in a transparent manner. GenSynth automatically creates new models that meet specific performance targets while maintaining transparency throughout the development process, allowing users to understand the factors influencing model decisions. Founded in 2017 and headquartered in Waterloo, Canada, DarwinAI leverages patented Generative Synthesis technology to enhance the efficiency, portability, scalability, and comprehensibility of artificial intelligence, making advanced AI accessible to a broader audience.

Bettermode

Seed Round in 2020
Tribe is a computer software company that offers a cloud-based platform empowering the new generation of online communities. It integrates with messengers and social media and helps its users to amplify the vibe around their business by allowing them and their customers to create content. The company was founded in 2018 and headquartered in Ontario, Canada.

Certn

Series A in 2020
Certn Holdings, Inc. is a technology company based in Victoria, Canada, that specializes in applicant screening and risk management solutions. Founded in 2016, Certn uses machine learning and artificial intelligence to evaluate customer credibility, aiming to enhance financial inclusion. The platform offers a comprehensive suite of services for landlords, property management firms, and financial institutions, including criminal record checks, identity verification, and employment and education verification. Certn employs a three-dimensional approach to scoring applicants, utilizing social, behavioral, and financial profiling to assess risk and predict credibility. This methodology allows clients to efficiently identify and manage applications, ultimately streamlining the hiring and tenant selection processes. Additionally, Certn's proprietary Softcheck tool scans extensive databases for negative information, providing rapid results to its users.

LabGenius

Series A in 2020
LabGenius Ltd is a biopharmaceutical company based in London, United Kingdom, focused on discovering new biological molecules through the integration of artificial intelligence, automation, and synthetic DNA. Founded in 2012, the company has developed EVA, a robotic scientist that autonomously designs, conducts, and learns from experiments. LabGenius utilizes a machine learning-driven evolution engine within its protein engineering platform, combining advanced technologies from machine learning, synthetic biology, and robotics to develop innovative protein therapeutics.

Busbud

Series C in 2020
Busbud, Inc. is an online platform that specializes in bus travel booking services. Founded in 2011 and based in Montreal, Canada, the company allows travelers to search, compare, and book inter-city bus tickets across various destinations in Canada and internationally. The platform aggregates information from numerous bus operators, providing users with access to schedules, pricing, service classes, amenities, and reviews. With coverage spanning over 10,463 cities in 89 countries, Busbud supports multiple languages and currencies, making it a comprehensive resource for planning bus trips. Through its website and mobile application, the company aims to simplify the bus travel experience for users worldwide.

ProNavigator

Venture Round in 2020
ProNavigator provides an AI-driven knowledge-sharing platform, used by some of the largest insurance organizations, to save time, provide superior service, and seize revenue opportunities. The platform leverages advancements in artificial intelligence and natural language understanding to instantly and automatically retrieve answers to customers' and employees' questions.

Senso.ai

Seed Round in 2020
Senso.ai Inc. is a fintech company based in Toronto, Canada, founded in 2017. The company offers a cloud-based predictive portfolio management platform specifically designed for the retail banking industry. Its software utilizes artificial intelligence to enhance customer acquisition and retention by identifying key moments for financial advisors to engage with clients about their banking needs. By providing actionable insights, Senso.ai aims to strengthen client relationships for financial institutions, enabling them to better serve their customers.

Sonder

Series E in 2020
Sonder is a hospitality company that leases hotel-style apartments and manages vacation and short-term rental properties for travelers. Originally founded as Flatbook Corp., it rebranded to Sonder Canada Inc. in 2016 and expanded its operations to the United States with Sonder USA Inc. The company offers properties designed with modern aesthetics, including features such as living areas, dining spaces, and multiple bedrooms, complemented by a concierge service accessible via phone or text. Each rental is fully equipped with beds, linens, towels, and essential amenities, along with curated art and furniture. Sonder currently manages over $2.3 billion in various projects, including commercially-zoned mixed-use developments, residential spaces, serviced apartments, apart-hotels, and hotels across multiple cities.

Armored Things

Seed Round in 2020
Armored Things Inc. is a Boston-based company that specializes in security management software designed for security agencies. Founded in 2016, it offers the Armored Things Crowd Intelligence Platform, which consolidates data from various sources to enhance operational and security-related decision-making. This platform features analytics, reporting, and visualization tools that provide real-time insights into crowd dynamics and movement within a given space. Additionally, the software automates incident response by connecting with existing devices in venues, such as lights, cameras, locks, and sensors. Armored Things focuses on enhancing safety in large shared environments, including schools, stadiums, and public spaces, by utilizing its predictive incident and emergency response capabilities integrated with IoT and mobile devices.

OTTO Motors

Series C in 2020
OTTO Motors, a subsidiary of Clearpath Robotics Inc., specializes in designing and developing autonomous mobile robots for material handling in manufacturing facilities and warehouses. Founded in 2015 and based in Kitchener, Canada, the company offers two primary products: the OTTO 100, which handles human-scale payloads like boxes and carts, and the OTTO 1500, designed for larger loads such as pallets and racks. These self-driving vehicles utilize infrastructure-free navigation to ensure safe and efficient transportation in dynamic production environments, with applications spanning various industries, including automotive, medical devices, aerospace, and logistics. OTTO Motors combines proprietary hardware, software, and services to enhance operational excellence for its customers.

Poka

Venture Round in 2020
Poka is a Web and mobile app that gives factory workers the power to capture, consume and share critical information in real-time on the plant floor, leading to improved productivity. By creating a standardized multimedia knowledge base of procedures, training content and solutions related to each workstation and machine, Poka helps reduce production downtime, improve quality and safety, and facilitate communication across factories, departments and shifts. Poka has become a catalyst for digital transformation among industrial leaders including 12 of the largest manufacturers based on IndustryWeek’s Global 1000 rank.

Tugboat Logic

Series A in 2020
Tugboat Logic, Inc. develops automation of security solutions and security certifications through their CISO platform. Its products include information security policy generator, compliance management, audit readiness, security questionnaires, awareness training, vendor risk management, and integrations. The company’s certifications include SOC 2, ISO 27001, and GDPR. Tugboat Logic, Inc. was founded in 2017 and is headquartered in Burlingame, California.

Hopper

Venture Round in 2020
Hopper Inc. is a travel technology company that has developed a mobile application leveraging big data to predict and analyze airfare and hotel prices. Founded in 2007 and headquartered in Montreal, Canada, with additional offices in Cambridge, Massachusetts, New York, New York, and Sofia, Bulgaria, Hopper assists travelers in securing the best deals by providing timely notifications when flight and accommodation prices reach their predicted lowest points. By offering data-driven travel recommendations, Hopper enhances the booking experience for users, enabling them to make informed decisions and save money on their journeys.

Symend

Series B in 2020
Symend Inc. develops a digital engagement platform designed to enhance debt recovery processes while prioritizing positive customer experiences. Founded in 2016 and based in Calgary, Canada, with additional offices in Toronto and Denver, the company utilizes behavioral science and advanced analytics to provide enterprise clients with insights into consumer behavior. This enables businesses to engage customers effectively and encourages them to resolve past due bills through personalized communications, self-service tools, and flexible repayment options. Symend's platform incorporates features such as treatment planning and campaign management, aiming to reduce debt delinquency and improve customer satisfaction. The company serves a diverse range of industries, including telecommunications, financial services, utilities, and media, and operates globally across North America, Latin America, and the Asia-Pacific region.

WorkJam

Series C in 2020
WorkJam, Inc. is a company that offers a web and mobile application designed to enhance workforce management and employee engagement across various industries, including retail, hospitality, healthcare, and manufacturing. Founded in 2014 and headquartered in Montreal, Canada, with additional offices in Cincinnati, Ohio, and Melbourne, Australia, WorkJam's platform provides features for shift and task management, scheduling, communication, training, and employee recognition. It aims to empower shift-based and non-desk workers by facilitating agile scheduling and effective communication, ultimately driving operational efficiency and productivity. The company's solutions also support improved labor cost management and customer experience by fostering a motivated and engaged workforce. WorkJam has established a strategic partnership with Digital Goodie to further enhance its offerings.

BenchSci

Series B in 2020
BenchSci's vision is to bring medicine to patients 50% faster by 2025. The company empowers scientists with the world’s most advanced biomedical artificial intelligence to run more successful experiments. Backed by F-Prime, Gradient Ventures (Google’s AI fund), and Inovia Capital, BenchSci's proprietary technology accelerates science at 15 top 20 pharmaceutical companies and over 4,300 leading research centers worldwide. BenchSci is a CIX Top 10 Growth company, certified Great Place to Work®, and top-ranked company on Glassdoor.

Top Hat

Series D in 2020
As a student engagement and interactive teaching platform, Top Hat’s software helps college professors activate classrooms. In a world of digital distractions, countless academic studies have reinforced the reality that students better understand the day’s lesson if they’re asked to engage with peers, interact with complex material and participate in class. By requiring students to use their personal devices to answer quizzes, reply to polls, and tackle difficult simulations, Top Hat transforms the passive lecture hall into an engaging learning environment. As an advocate for traditional, on-campus education, Top Hat not only modernizes established teaching methods but also facilitates new approaches including the ‘flipped classroom,’ ‘group learning,’ and other creative solutions. Top Hat is headquartered in Toronto, Canada, hosts 120 full-time employees, and has been operating since its 2009 launch behind $22M in venture funding.

Spatial

Series A in 2020
Spatial Systems, Inc. is a New York-based company founded in 2016 that offers an augmented workplace platform designed to enhance collaboration and productivity. The platform enables users to conduct meetings using spatial audio and 3D telepresence, facilitating a more immersive interaction. It also allows for the sharing and organization of various digital content, such as 3D models, videos, documents, images, and websites, effectively transforming traditional work environments into dynamic digital workspaces. By leveraging cutting-edge technology, Spatial aims to empower individuals and organizations to unlock their creative potential and improve connectivity. The company has attracted investment from notable venture firms and angel investors, underscoring its innovative approach within the augmented reality and virtual reality sectors.

Shyft

Series A in 2020
Shyft Network Inc operates and designs as a block chain network to aggregate all existing protocols. The company was founded in 2017 and is based in Barbados, United Kingdom. As of December 11, 2019, Shyft Network Inc operates as a subsidiary of Bitfury USA, Inc.

Shyft

Series A in 2020
Shyft Moving Inc., a mobility technology company, develops a solution for relocation management companies and human resource mobility departments within corporations that allows employees to live and move anywhere in the world. The company’s mobile application streamlines employee moving process for corporations. Shyft Moving Inc. was formerly known as Crater Group Co. and changed its name to Shyft Moving Inc. in August 2019. The company was founded in 2015 and is based in San Francisco, California with an additional office in Belgrade, Serbia.

AlayaCare

Series C in 2020
AlayaCare is a start-up that delivers an end-to-end home health care software platform and hardware ecosystem. The platform allows home care agencies to deliver mixed telehealth/visiting health solutions enabling empowered patients to live better while driving down the cost of care. The founders are a proven team of entrepreneurs who have founded, scaled, and sold two mobile software business. AlayaCare aims to provide a solution to a market mired in legacy software and suboptimal business processes. In doing so, it delivers better outcomes for the patient, better tools for the providers, and better economics for the payers. It promotes an open culture where every team member has the obligation to dissent, but the obligation to always keep the big picture in mind. Through its association with The Madiro Fund, the company also contributes its solution free of charge to NGOs working in the developing world who are seeking to leverage mobile technology to improve the lives of those less fortunate. Adrian Schauer and Neil Grunberg launched the company in Montréal, Quebec in 2014.

RenoRun

Series A in 2019
RenoRun is building the world's largest single source platform for general contractors to purchase materials. Their mobile-friendly platform is a one-stop-shop when it comes to construction material supply. This app is revolutionizing the construction industry by maximizing productivity, saving contractors wasted run-around hours, and allowing their clients to leave their competition in the dust. Their trained runners will collect and deliver the desired materials to the job site. RenoRun was founded in 2016 and is headquartered in Montreal, Canada, with offices in Toronto and Austin, Texas.

LabGenius

Series A in 2019
LabGenius Ltd is a biopharmaceutical company based in London, United Kingdom, focused on discovering new biological molecules through the integration of artificial intelligence, automation, and synthetic DNA. Founded in 2012, the company has developed EVA, a robotic scientist that autonomously designs, conducts, and learns from experiments. LabGenius utilizes a machine learning-driven evolution engine within its protein engineering platform, combining advanced technologies from machine learning, synthetic biology, and robotics to develop innovative protein therapeutics.

KNØX

Seed Round in 2019
KNØX Industries Inc., founded in 2018 and based in Montreal, Canada, specializes in providing digital asset custody services with comprehensive insurance coverage for the full value of assets held in custody. The company is supported by prominent institutional and venture partners, ensuring a strong foundation for its operations. KNØX combines ease of use with high security, helping institutions fulfill their fiduciary responsibilities. Clients utilize a secure end-to-end system through a dedicated terminal to manage their assets effectively. The insurance protection offered for client assets is governed by the full terms and conditions of the applicable policy.

ODAIA

Seed Round in 2019
ODAIA Intelligence Inc. is a Canadian company that specializes in developing an artificial intelligence-based platform for customer engagement analysis. Founded in 2018 and headquartered in Toronto, ODAIA offers a cloud-based software as a service (SaaS) platform that enables enterprise clients to automate the mapping of customer touchpoints and journeys. Utilizing advanced techniques in big data mining, process journey mapping, and machine learning, the platform provides insights into customer behavior, predicts future actions, and identifies potential churn. ODAIA simplifies data ingestion and normalization from various sources, offering an intuitive dashboard for visualizing insights and predictions. The company was established by a team of academics and industry professionals, including members from the University of Toronto and the University of Lausanne, whose research has been widely recognized in the field.

Hourly

Seed Round in 2019
Hourly, Inc. is a company that provides a comprehensive payroll platform tailored for small businesses. Founded in 2018 and based in Palo Alto, California, Hourly specializes in integrating payroll, time tracking, and workers' compensation services into a single user-friendly platform. The payroll features include automatic tax filing, unlimited pay runs, and mobile onboarding, while the time tracking capabilities offer geo-fencing, compliance monitoring, and real-time alerts. Additionally, Hourly simplifies workers' compensation insurance by ensuring accurate premium payments and providing real-time premium calculations. The company's focus is on delivering enterprise-level technology solutions to small and medium-sized businesses, streamlining the management of hourly workers and enhancing operational efficiency.

YASA

Series C in 2019
YASA Motors Ltd. specializes in the manufacturing of axial flux motors and generators tailored for electric and hybrid vehicles, as well as industrial applications. Founded in 2009, the company is based in Yarnton, United Kingdom, and produces a variety of electric motors, including low-speed high-torque models and those designed for higher-speed applications. YASA's patented motor technology allows for efficient integration into automotive, marine, agricultural, and industrial sectors, catering to a wide array of vehicles such as cars, buses, and construction equipment. Additionally, the company offers consultancy services in areas like drive cycle modeling, electrical architecture design, and thermal analysis. YASA aims to contribute to global emissions targets and enhance efficiency through its innovative motor solutions, positioning itself as a key player in the electrification of various industries.

Clearco

Series B in 2019
Clearbanc provides growth capital for web-enabled businesses through its 20-minute term sheet. The company offers fast, affordable growth capital to eCommerce and B2B/SaaS companies. Its investments range from $10K - $10M and its portfolio spans small businesses across the United States, Canada, and the United Kingdom to some of the fastest-growing consumer brands. Launched in 2015, Clearbanc uses proprietary underwriting technology to offer more capital at quicker speeds and more flexible terms than other financing alternatives.

Horizon Blockchain Games

Seed Round in 2019
Horizon Blockchain Games Inc. is a video game studio that specializes in leveraging blockchain technology to create decentralized gaming experiences. Founded in 2017 and headquartered in Toronto, Canada, the company also has locations in Montreal, Vancouver, Seattle, Mexico City, and Madrid. Horizon develops various games, including Arcadeum, a video game network and wallet built on the Ethereum blockchain, and SkyWeaver, an online card game. The company's platform is designed to empower players by providing a community-driven ecosystem where they can enjoy true digital ownership, open economies, and the ability to earn real-world value through gameplay. By focusing on innovations in web3 gaming, Horizon Blockchain Games aims to reshape the gaming landscape for a new generation of players.

Sonder

Series D in 2019
Sonder is a hospitality company that leases hotel-style apartments and manages vacation and short-term rental properties for travelers. Originally founded as Flatbook Corp., it rebranded to Sonder Canada Inc. in 2016 and expanded its operations to the United States with Sonder USA Inc. The company offers properties designed with modern aesthetics, including features such as living areas, dining spaces, and multiple bedrooms, complemented by a concierge service accessible via phone or text. Each rental is fully equipped with beds, linens, towels, and essential amenities, along with curated art and furniture. Sonder currently manages over $2.3 billion in various projects, including commercially-zoned mixed-use developments, residential spaces, serviced apartments, apart-hotels, and hotels across multiple cities.

AlayaCare

Series C in 2019
AlayaCare is a start-up that delivers an end-to-end home health care software platform and hardware ecosystem. The platform allows home care agencies to deliver mixed telehealth/visiting health solutions enabling empowered patients to live better while driving down the cost of care. The founders are a proven team of entrepreneurs who have founded, scaled, and sold two mobile software business. AlayaCare aims to provide a solution to a market mired in legacy software and suboptimal business processes. In doing so, it delivers better outcomes for the patient, better tools for the providers, and better economics for the payers. It promotes an open culture where every team member has the obligation to dissent, but the obligation to always keep the big picture in mind. Through its association with The Madiro Fund, the company also contributes its solution free of charge to NGOs working in the developing world who are seeking to leverage mobile technology to improve the lives of those less fortunate. Adrian Schauer and Neil Grunberg launched the company in Montréal, Quebec in 2014.

ProteinQure

Seed Round in 2019
ProteinQure is a Toronto-based startup building a computational platform for design of protein therapeutics. Our mission is to help to create a world where drugs are engineered, not discovered. We work on treatments for cancer, diabetes, asthma, and cardiovascular diseases, among others, and partner with industry leaders in drug discovery to generate novel therapeutics outside of the conventional chemical space.

Fellow.app

Seed Round in 2019
Fellow Insights, Inc. is a cloud-based software company based in Ottawa, Canada, founded in 2017. The company specializes in developing tools that assist managers, team leaders, and employees in managing work interactions. Its software facilitates one-on-one meetings, team meetings, peer-to-peer feedback, performance reviews, recognition, and priority settings. Fellow is designed to enhance team dynamics by providing personalized recommendations that support team growth. The platform enables effective check-ins, performance appraisals, and feedback, making it suitable for both small teams and larger organizations. It aims to empower leaders with smart suggestions and tools to improve workplace communication and collaboration.

CareGuide

Venture Round in 2019
CareGuide Inc. owns and operates online marketplaces that connect families and individual with care providers for everyday care services. It operates a family of online marketplaces for senior care, child care, pet care, and home care services. The company is based in Toronto, Canada.

Owl.co

Seed Round in 2019
Owl Technologies Inc. provides data aggregation solutions for banks and insurers. It offers an artificial intelligence-enabled process automation solution that deals with sensitive data to complete sales and improve customer service for various products of the financial institutions. The company was founded in 2017 and is based in Vancouver, Canada.

Finaeo

Seed Round in 2019
Finaeo Inc. is a Toronto-based company that develops applications designed to assist financial advisors by acting as a digital assistant and sales coach. Founded in 2016, Finaeo's platform serves as a digital marketplace that connects independent life insurance brokers with carriers and clients, offering a fully integrated experience. Its applications allow users to share documents, track tasks, answer questions, and schedule meetings, enhancing the efficiency and effectiveness of insurance transactions. By providing tools for both iOS and Android users, Finaeo is focused on transforming the life and health insurance industry through innovative technology.

Fabacus

Seed Round in 2019
Fabacus Holdings Limited, established in 2013 and based in London, United Kingdom, has developed Xelacore, a platform that enhances the licensing process by connecting licensors, licensees, agents, and retailers. The company aims to address the challenges of the fragmented licensing and supply chain landscape, offering greater visibility and control to all participants. By focusing on transparency within the supply chain, Fabacus seeks to provide a competitive edge in the licensing industry. The team comprises experienced leaders from retail and licensing, alongside experts in large-scale cloud-based systems. Collaborations with prominent licensors, agents, global standards organizations, and logistics operators have been instrumental in creating a solution that aims to revolutionize the licensing landscape for all stakeholders involved.

Vital Bio

Funding Round in 2019
Vital Biosciences Inc develops tools that helps to monitor health and manage disease. The company was founded in 2016 and is based in Kitchener, Canada.

Eideticom

Venture Round in 2019
Eideticom manufactures Computational Storage Processor (CSP) and builds its application software for the control of its CSP. Its product Eideticom's NoLoad CSP is used for acceleration of storage and compute-intensive workloads.it provides integration for all CPU platform and has been tested/verified on Intel, AMD, ARM, and IBM Power CPUs. It offers its NoLoad CSP for purchase on standalone devices such as the NoLoad U2, NoLoad Hardware Evaluation Kits (HEKs). Additionally, it also provides its system software NoLoad CSP Alveo. Eideticom was founded in 2016 and is headquartered in Calgary, Canada.

Boosted USA

Series B in 2018
Boosted, Inc. specializes in designing and manufacturing electric skateboards that feature wireless handheld controls. Established in 2012 and based in Mountain View, California, the company markets its products across the United States, Canada, and internationally. Boosted's electric skateboards are characterized by their powerful performance and lightweight design, making them suitable for both recreational use and commuting. The product line includes various models equipped with multiple ride modes, advanced belt drive systems, two battery options, and robust braking systems, allowing customers to customize their riding experience. The company also operates battery recycling centers in the United States to support sustainable practices.

Italic

Series A in 2018
Italic, Inc. operates as a marketplace that allows users to buy luxury goods from the factories. It offers products in the areas of bed linens and handbags, electric toothbrushes, and yoga gear. The company was incorporated in 2018 and is based in Walnut, California.

Clearco

Series A in 2018
Clearbanc provides growth capital for web-enabled businesses through its 20-minute term sheet. The company offers fast, affordable growth capital to eCommerce and B2B/SaaS companies. Its investments range from $10K - $10M and its portfolio spans small businesses across the United States, Canada, and the United Kingdom to some of the fastest-growing consumer brands. Launched in 2015, Clearbanc uses proprietary underwriting technology to offer more capital at quicker speeds and more flexible terms than other financing alternatives.

Future Family

Series A in 2018
Future Family, Inc. offers subscription plans which cover all healthcare costs and include guided care through concierge service. The company's features include, personal fertility planning, clinic matching, dedicated nurse concierge, 24/7 access to care team, digital health platform, clinic visits and procedures, labs, and medications. The company was incorporated in 2016 and is based in San Francisco, California.

DarwinAI

Seed Round in 2018
DarwinAI Corp. specializes in designing and developing a platform that generates deep neural networks for enterprise artificial intelligence applications. The company's flagship product, GenSynth, is a software platform that provides developers and data scientists with tools to accelerate the deep learning development cycle in a transparent manner. GenSynth automatically creates new models that meet specific performance targets while maintaining transparency throughout the development process, allowing users to understand the factors influencing model decisions. Founded in 2017 and headquartered in Waterloo, Canada, DarwinAI leverages patented Generative Synthesis technology to enhance the efficiency, portability, scalability, and comprehensibility of artificial intelligence, making advanced AI accessible to a broader audience.

BioBeats

Seed Round in 2018
BioBeats Group Ltd designs and develops an online platform BioBeats, that is a machine learning platform that measures biometrics and manages stress and wellness of individuals, employees, and patients in real-time, and helps them action that insight through engaging media. Its application is available for download on Android and iOS devices. The company was incorporated in 2011 and is based in London, United Kingdom.

AlayaCare

Series B in 2018
AlayaCare is a start-up that delivers an end-to-end home health care software platform and hardware ecosystem. The platform allows home care agencies to deliver mixed telehealth/visiting health solutions enabling empowered patients to live better while driving down the cost of care. The founders are a proven team of entrepreneurs who have founded, scaled, and sold two mobile software business. AlayaCare aims to provide a solution to a market mired in legacy software and suboptimal business processes. In doing so, it delivers better outcomes for the patient, better tools for the providers, and better economics for the payers. It promotes an open culture where every team member has the obligation to dissent, but the obligation to always keep the big picture in mind. Through its association with The Madiro Fund, the company also contributes its solution free of charge to NGOs working in the developing world who are seeking to leverage mobile technology to improve the lives of those less fortunate. Adrian Schauer and Neil Grunberg launched the company in Montréal, Quebec in 2014.

Armored Things

Seed Round in 2018
Armored Things Inc. is a Boston-based company that specializes in security management software designed for security agencies. Founded in 2016, it offers the Armored Things Crowd Intelligence Platform, which consolidates data from various sources to enhance operational and security-related decision-making. This platform features analytics, reporting, and visualization tools that provide real-time insights into crowd dynamics and movement within a given space. Additionally, the software automates incident response by connecting with existing devices in venues, such as lights, cameras, locks, and sensors. Armored Things focuses on enhancing safety in large shared environments, including schools, stadiums, and public spaces, by utilizing its predictive incident and emergency response capabilities integrated with IoT and mobile devices.

Chronogolf

Series B in 2018
Chronogolf facilitates interactions between golf courses and golf players by leveraging the potential of web applications, cloud infrastructure and mobility. They differ from the competition by going beyond the simple processing of tee-time bookings and they offer golf courses a fully integrated CRM software in the cloud. They empower golf courses by providing tools to efficiently identify and understand their customers, attract new players, optimize their tee-time sheet, retain their existing clientele through increased customer loyalty and control the efficacy of the above with detailed and relevant statistics and data analytics.

Flinks

Seed Round in 2018
Flinks Technology Inc. is a financial data aggregator based in Montreal, Canada, founded in 2016. The company provides solutions that enable businesses to connect their users' bank accounts, allowing access to critical financial data such as account balances and transaction histories. Flinks offers a hosted application programming interface (API) that facilitates the integration of banking information with mobile applications, helping companies enrich their data and deliver enhanced financial products. The platform not only validates account ownership but also ensures compliance in handling sensitive information. Trusted by numerous leading companies, Flinks aims to simplify online transactions and empower businesses to better serve their customers through improved data utilization.

Return Magic

Seed Round in 2018
Return Magic is an e-commerce return platform designed to streamline the returns process for online merchants. The platform allows retailers to create branded return portals that facilitate the management of incoming returns. It offers services such as auto-generating shipping labels, processing refunds, and sending automated communications to customers, all while providing analytics through a user-friendly dashboard. Additionally, Return Magic enables merchants to customize their return policies to suit their specific requirements. This efficient system not only enhances the shopping experience for consumers but also helps merchants foster customer loyalty.

CareGuide

Series A in 2018
CareGuide Inc. owns and operates online marketplaces that connect families and individual with care providers for everyday care services. It operates a family of online marketplaces for senior care, child care, pet care, and home care services. The company is based in Toronto, Canada.

Phenomic AI

Seed Round in 2018
Phenomic AI is a developer of a drug discovery platform designed to discovery and optimize therapeutics directly against phenotypic assays.The company's platform uses artificial intelligence to analyze phenotypes in complex disease models including high-content co-culture and 3D assays, enabling pharmaceutical companies to discover drugs in an easier way.

Certn

Seed Round in 2018
Certn Holdings, Inc. is a technology company based in Victoria, Canada, that specializes in applicant screening and risk management solutions. Founded in 2016, Certn uses machine learning and artificial intelligence to evaluate customer credibility, aiming to enhance financial inclusion. The platform offers a comprehensive suite of services for landlords, property management firms, and financial institutions, including criminal record checks, identity verification, and employment and education verification. Certn employs a three-dimensional approach to scoring applicants, utilizing social, behavioral, and financial profiling to assess risk and predict credibility. This methodology allows clients to efficiently identify and manage applications, ultimately streamlining the hiring and tenant selection processes. Additionally, Certn's proprietary Softcheck tool scans extensive databases for negative information, providing rapid results to its users.

BenchSci

Series A in 2018
BenchSci's vision is to bring medicine to patients 50% faster by 2025. The company empowers scientists with the world’s most advanced biomedical artificial intelligence to run more successful experiments. Backed by F-Prime, Gradient Ventures (Google’s AI fund), and Inovia Capital, BenchSci's proprietary technology accelerates science at 15 top 20 pharmaceutical companies and over 4,300 leading research centers worldwide. BenchSci is a CIX Top 10 Growth company, certified Great Place to Work®, and top-ranked company on Glassdoor.