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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
TrackTik Software Inc. provides a workforce management software solution that provides insights through integrated field operation and back office solutions. It serves various organizations and security companies. The company was incorporated in 2010 and is based in Montreal, Canada.
Smooch Technologies Inc. develops a cloud messaging platform for SMB and enterprise clients. The company offers a unified multi-channel messaging solution that allows startups and companies around the world to engage with customers from messaging apps, SMS, Websites, and mobile apps. Its features include cross-channel messaging, live Web messaging, in-app messaging, social messaging, programmable SMS, rich messaging, messaging developer API, chatbot connectors, and integrations. The company was founded in 2015 and is based in Montreal, Canada. As of May 14, 2019, Smooch Technologies Inc. operates as a subsidiary of Zendesk, Inc.
Fiska is a fintech company that provides an integrated commerce platform specifically designed for payment service providers. By offering innovative solutions in the financial technology space, Fiska aims to enhance the efficiency and effectiveness of payment processing. The company focuses on enabling seamless transactions and improving the overall user experience for businesses in the payment sector.
Fiska is a fintech company that provides an integrated commerce platform specifically designed for payment service providers. By offering innovative solutions in the financial technology space, Fiska aims to enhance the efficiency and effectiveness of payment processing. The company focuses on enabling seamless transactions and improving the overall user experience for businesses in the payment sector.
TrackTik Software Inc. provides a workforce management software solution that provides insights through integrated field operation and back office solutions. It serves various organizations and security companies. The company was incorporated in 2010 and is based in Montreal, Canada.
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.
Beyond the Rack is a Montreal-based private shopping club that offers exclusive discounts of up to 80% on a wide range of products, including apparel, accessories, fragrances, home goods, and electronics for men, women, and children. With around 15 million active members across Canada and the United States, the platform features limited-quantity flash sales that typically last 48 to 72 hours or until the merchandise sells out. Beyond the Rack collaborates with over 3,000 major fashion brands to provide these deals without involving a retail middleman. Members receive tailored notifications about upcoming sales based on their preferences, and the site conducts 15 to 25 sales daily, depending on demand. Membership is free, with several easy sign-up options, and Beyond the Rack is known for its responsive customer service and efficient shipping. The company has gained recognition for its growth, having been named the fastest-growing internet retailer in 2011, and has generated substantial sales revenue.
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.
Beyond the Rack is a Montreal-based private shopping club that offers exclusive discounts of up to 80% on a wide range of products, including apparel, accessories, fragrances, home goods, and electronics for men, women, and children. With around 15 million active members across Canada and the United States, the platform features limited-quantity flash sales that typically last 48 to 72 hours or until the merchandise sells out. Beyond the Rack collaborates with over 3,000 major fashion brands to provide these deals without involving a retail middleman. Members receive tailored notifications about upcoming sales based on their preferences, and the site conducts 15 to 25 sales daily, depending on demand. Membership is free, with several easy sign-up options, and Beyond the Rack is known for its responsive customer service and efficient shipping. The company has gained recognition for its growth, having been named the fastest-growing internet retailer in 2011, and has generated substantial sales revenue.
Woozworld Inc. is a Montreal-based company that operates a virtual platform designed for children, tweens, and teens to engage creatively and socially. Founded in 2009, Woozworld offers a free multiplayer online experience where users can create personalized avatars, known as Woozens, and participate in a community of millions. Players can design their own virtual spaces called Unitz, dress their avatars in fashionable outfits, and engage in social activities such as hosting parties, chatting with friends, and entering contests. The platform encourages creativity and social interaction, allowing users to express themselves and build friendships in a fun, dynamic environment. In 2019, Woozworld became a subsidiary of Azerion BV.
[StatusNet, Inc](http://status.net/) is a Quebec corporation headquartered in Montreal with staff around the world. It develops the Open Source microblogging software, StatusNet. The best-known site running the software is [Identi.ca](http://identi.ca). Anyone can download StatusNet and run their own microblogging service, much like they can with traditional blogging platforms such as Wordpress or MoveableType. The company is pursuing a WordPress-like strategy by offering a cloud service for public and private microblogging sites.
Woozworld Inc. is a Montreal-based company that operates a virtual platform designed for children, tweens, and teens to engage creatively and socially. Founded in 2009, Woozworld offers a free multiplayer online experience where users can create personalized avatars, known as Woozens, and participate in a community of millions. Players can design their own virtual spaces called Unitz, dress their avatars in fashionable outfits, and engage in social activities such as hosting parties, chatting with friends, and entering contests. The platform encourages creativity and social interaction, allowing users to express themselves and build friendships in a fun, dynamic environment. In 2019, Woozworld became a subsidiary of Azerion BV.
[StatusNet, Inc](http://status.net/) is a Quebec corporation headquartered in Montreal with staff around the world. It develops the Open Source microblogging software, StatusNet. The best-known site running the software is [Identi.ca](http://identi.ca). Anyone can download StatusNet and run their own microblogging service, much like they can with traditional blogging platforms such as Wordpress or MoveableType. The company is pursuing a WordPress-like strategy by offering a cloud service for public and private microblogging sites.
Founded in 2000, Ryma is a leader in product management solutions—developing and selling processes, expertise and tools that enable our customers to develop better products. Our award-winning software solution FeaturePlan™ simplifies the implementation of any product management process and is used by industry-leading companies, such as: ADP, BMC Software, Camstar, EMC, GE Healthcare, NetApp, Sage and Trend Micro. Ryma is based in Montreal, Canada with a Center of Excellence in Austin, Texas. For more information, visit www.rymatech.com.
Founded in 2004, SiXtron is a private, venture backed company located in Montreal, Quebec, focusing on developing anti-reflective coating solutions for the solar cell industry.
Other highly scalable and cost-effective thin film coating solutions, for both the electronics industry and the industrial coatings sector, are under development. Sixtron thin films have unique optical and mechanical properties, and can be deposited without the complex requirements of hazardous silane gas.
Mimetogen Pharmaceuticals Inc. is a clinical-stage biotechnology company based in Montreal, Canada, specializing in the development of peptidomimetics aimed at addressing ophthalmic diseases with significant unmet medical needs. The company is focused on the treatment of conditions such as dry eye syndrome, glaucoma, and degenerative retinal diseases, including retinitis pigmentosa and dry age-related macular degeneration. Mimetogen's lead product, MIM-D3, is specifically designed for managing dry eye syndrome. Established in 2004, Mimetogen Pharmaceuticals is committed to advancing therapeutic options for patients suffering from these eye conditions.
QuantuModeling
Series A in 2005
QuantuModeling Inc. designs and develops software, which is used in electronic design automation, materials design, defense, chemistry and nanotechnology. QuantuModeling Inc. is based in Montreal, Canada. QuantuModeling Inc. is a prior subsidiary of McGill University.
Founded in 2004, SiXtron is a private, venture backed company located in Montreal, Quebec, focusing on developing anti-reflective coating solutions for the solar cell industry.
Other highly scalable and cost-effective thin film coating solutions, for both the electronics industry and the industrial coatings sector, are under development. Sixtron thin films have unique optical and mechanical properties, and can be deposited without the complex requirements of hazardous silane gas.