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

Jerry Hendrix

Associate

Kelly Jacques

Associate

Geoffrey P. Judge

Board Partner

Hugues Lalancette

Partner

Kristopher Mariani

Director of Finance and Administration

Sarah Marion

Analyst

Michael McGraw

Associate

Mia Morisset

Associate

Taha Mubashir

Principal

Scott Munro

Venture Partner

Noah Nagle

Investor

Karamdeep Nijjar

Partner

Antoine Nivard

Associate

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

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 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.

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.

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.

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 Security

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.