iNovia Capital

Inovia Capital is a venture capital firm based in Montreal, Canada, founded in 2007. The firm specializes in early-stage investments across various sectors, including software, healthcare, digital media, e-commerce, and telecommunications. Inovia focuses on both business-to-business and business-to-consumer companies, particularly in areas such as software-as-a-service, digital health, and enterprise platforms. With over $1 billion in assets across early and growth stage funds, Inovia provides not only capital but also coaching and access to talent, aiming to support passionate tech founders with global ambitions. The firm invests primarily in North America and Europe, targeting companies that have the potential to transform complex industries like financial services, healthcare, and transportation.

Shawn Abbott

General Partner

Rania Ajakane

Associate

Arianne Angers

Associate

Pascale Archambault

Vice President

Alex Behal

Vice President

Andrew Biddell

Associate

Charlotte Borgognoni

Associate

Humphrey Chan

Investor

Magaly Charbonneau

Partner

Steven Chung

Vice President

Alysaa Co

Associate

Etienne Gauthier

Associate

François Gauvin

Partner

Patrick Ghoche

CFO

Raif Jacobs

Partner

Kelly Jacques

Associate

Dennis Kavelman

Partner

Phoebe Kitchen

Principal

Stephen Lopes

Investor

Henri-Charles Machalani

Investor

Taha Mubashir

Principal

Noah Nagle

Associate

Karamdeep Nijjar

Partner

Gabriele Papievyte

Associate

Jules Pichette

Associate

Gian Carlo Di Tommaso

Investor

Steven G Woods

Partner and CTO

Catherine Zhang

Investor

Past deals in British Columbia

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.

Spare

Series A in 2021
Spare Labs Inc operates an online platform designed to assist automakers, cities, and transit agencies in managing on-demand transportation networks. Founded in 2015 and based in Vancouver, Canada, Spare offers several tools including Spare Launch, which facilitates the automation of transportation networks such as taxis and ride-hailing services. Spare Realize helps visualize service performance and costs associated with integrating riders into existing transit systems, while Spare Analyze provides insights through real-time data analysis of transit operations, enhancing the understanding of customer journeys. The company aims to support the transition to autonomous vehicles by equipping a diverse range of clients—ranging from large transportation firms to small rural agencies—with the capability to quickly plan and deploy effective transportation solutions.

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.

ZenHub

Seed Round in 2021
ZenHub is the only collaboration solution that integrates natively in GitHub – creating a single source of truth for the entire company. Thousands of companies like Comcast, Microsoft, Adobe, and NASA's Jet Propulsion Lab use ZenHub to focus on what they do best: ship amazing software.

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.

Tiggy

Seed Round in 2020
Tiggy is a grocery delivery platform based in Vancouver that aims to transform the way consumers purchase everyday essentials. The company provides a diverse selection of products, including groceries, personal care items, pet supplies, and fresh produce. By offering free delivery with no hidden fees or subscription requirements, Tiggy allows customers to bypass long queues and the inconvenience of carrying heavy bags. The service is designed to streamline the shopping experience, making it easier and more efficient for individuals to access the products they need.

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.

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.

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.

Bench

Series B in 2018
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.

Two Hat

Seed Round in 2016
Two Hat Security Ltd., doing business as Community Sift, designs and develops risk-based chat filter and moderation software that protect against threats and high-risk content. The company was founded in 2012 and is based in Kelowna, Canada.

Allocadia

Series B in 2015
Allocadia empowers marketers to run marketing more effectively by providing them with greater control over their marketing investments and the insights they need to drive revenue. The recognized leader in Marketing Performance Management (MPM), Allocadia serves more than 150 customers and thousands of users worldwide, and manages billions of marketing dollars for companies like Microsoft, Juniper Networks, VMware, Red Hat and Charles Schwab.

Allocadia

Series A in 2014
Allocadia empowers marketers to run marketing more effectively by providing them with greater control over their marketing investments and the insights they need to drive revenue. The recognized leader in Marketing Performance Management (MPM), Allocadia serves more than 150 customers and thousands of users worldwide, and manages billions of marketing dollars for companies like Microsoft, Juniper Networks, VMware, Red Hat and Charles Schwab.

Allocadia

Seed Round in 2013
Allocadia empowers marketers to run marketing more effectively by providing them with greater control over their marketing investments and the insights they need to drive revenue. The recognized leader in Marketing Performance Management (MPM), Allocadia serves more than 150 customers and thousands of users worldwide, and manages billions of marketing dollars for companies like Microsoft, Juniper Networks, VMware, Red Hat and Charles Schwab.
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