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 Quebec

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

Poka

Series A in 2018
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.

Busbud

Series B in 2018
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

Series A in 2017
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.

Lightspeed POS

Series D in 2017
Lightspeed believes that commerce belongs to everyone. It belongs to the entrepreneurs who realize their dreams of starting a business, the storefronts and restaurants that project new perspectives onto city streets and the communities that are shaped by those businesses. Providing restaurateurs and retailers with the simplest way to run their businesses at full potential, Lightspeed helps entrepreneurs offer their customers positive and memorable experiences by taking care of the day-to-day management aspect of their business. More than 36,000 businesses processing over $13 billion in annual transactions use Lightspeed’s restaurant POS software and omnichannel retail solution to manage inventory, customer preferences, sales and reporting — all from one centralized platform. Believing that with the right technology, restaurateurs can better serve their customers and keep them coming back for seconds, Lightspeed has created an all-in-one point of sale, table management and analytics platform for restaurants and bars of all sizes. The company also offers end-to-end commerce solutions that help retailers build, manage and grow their businesses. Successful retailers around the world have chosen Lightspeed’s retail POS software, Lightspeed Retail, for its intuitive product and inventory management systems, built-in CRM and advanced reporting. Lightspeed eCom, the company’s eCommerce platform, is what bridges the gap between the in-store and online shopping experience. The platform was founded on the principle that marketing should be the primary concern of online merchants, rather than the technical maintenance of their website. Those who use Lightspeed eCom benefit from a platform that is flexible, scalable, ready to use within minutes and that comes with a built-in suite of marketing tools that help drive site traffic and sales. By combining Lightspeed eCom with Lightspeed Retail, retailers can provide their customers with omnichannel: a seamless shopping experience, whether they want to browse or buy in-store or online.

Smooch Technologies

Seed Round in 2016
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.

Poka

Series A in 2016
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.

Fiska

Seed Round in 2016
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.

Local Logic

Angel Round in 2016
Local Logic focuses on collecting, cleaning, and combining data to help travelers, home buyers, and consumers make better, more informed decisions when it comes to location. Co-founded in 2014 by urban planners turned data scientists, Local Logic™ focuses on collecting, cleaning, and combining data to help travellers, home buyers, and consumers make better, more informed decisions when it comes to location. Location in a city determines your experience. The location of your hotel determines what you can do on your vacation. The location of your restaurant determines the ambiance of your night out. And the location of your home determines how you will commute every single day. They want to enable people to harness the power of location to live great experiences.

Chronogolf

Series A in 2016
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.

Fiska

Seed Round in 2016
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.

Lightspeed POS

Series C in 2015
Lightspeed believes that commerce belongs to everyone. It belongs to the entrepreneurs who realize their dreams of starting a business, the storefronts and restaurants that project new perspectives onto city streets and the communities that are shaped by those businesses. Providing restaurateurs and retailers with the simplest way to run their businesses at full potential, Lightspeed helps entrepreneurs offer their customers positive and memorable experiences by taking care of the day-to-day management aspect of their business. More than 36,000 businesses processing over $13 billion in annual transactions use Lightspeed’s restaurant POS software and omnichannel retail solution to manage inventory, customer preferences, sales and reporting — all from one centralized platform. Believing that with the right technology, restaurateurs can better serve their customers and keep them coming back for seconds, Lightspeed has created an all-in-one point of sale, table management and analytics platform for restaurants and bars of all sizes. The company also offers end-to-end commerce solutions that help retailers build, manage and grow their businesses. Successful retailers around the world have chosen Lightspeed’s retail POS software, Lightspeed Retail, for its intuitive product and inventory management systems, built-in CRM and advanced reporting. Lightspeed eCom, the company’s eCommerce platform, is what bridges the gap between the in-store and online shopping experience. The platform was founded on the principle that marketing should be the primary concern of online merchants, rather than the technical maintenance of their website. Those who use Lightspeed eCom benefit from a platform that is flexible, scalable, ready to use within minutes and that comes with a built-in suite of marketing tools that help drive site traffic and sales. By combining Lightspeed eCom with Lightspeed Retail, retailers can provide their customers with omnichannel: a seamless shopping experience, whether they want to browse or buy in-store or online.

Crew

Series A in 2015
Crew is a curated platform that connects designers and developers with vetted clients that need a website, mobile app, or other design work. The company's highly trusted network of independent creatives has worked on products used by tens of millions of people for some of the industry's biggest companies, including Apple, Google, Uber, IDEO, and Dropbox. It was founded in 2012 and headquartered in Montréal, Quebec.

Milestone Pharmaceuticals

Series B in 2015
Milestone Pharmaceuticals Inc., a biopharmaceutical company, develops and commercializes etripamil for the treatment of cardiovascular indications. It is developing etripamil, a novel channel blocker, which is in Phase III clinical trial for the treatment of paroxysmal supraventricular tachycardia in the United States and Canada, as well as for the treatment of atrial fibrillation, angina, and other cardiovascular indications. The company was founded in 2003 and is headquartered in Montréal, Canada.

TrackTik

Seed Round in 2015
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.

Poka

Seed Round in 2015
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.

Chronogolf

Seed Round in 2014
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.

Lightspeed POS

Series B in 2014
Lightspeed believes that commerce belongs to everyone. It belongs to the entrepreneurs who realize their dreams of starting a business, the storefronts and restaurants that project new perspectives onto city streets and the communities that are shaped by those businesses. Providing restaurateurs and retailers with the simplest way to run their businesses at full potential, Lightspeed helps entrepreneurs offer their customers positive and memorable experiences by taking care of the day-to-day management aspect of their business. More than 36,000 businesses processing over $13 billion in annual transactions use Lightspeed’s restaurant POS software and omnichannel retail solution to manage inventory, customer preferences, sales and reporting — all from one centralized platform. Believing that with the right technology, restaurateurs can better serve their customers and keep them coming back for seconds, Lightspeed has created an all-in-one point of sale, table management and analytics platform for restaurants and bars of all sizes. The company also offers end-to-end commerce solutions that help retailers build, manage and grow their businesses. Successful retailers around the world have chosen Lightspeed’s retail POS software, Lightspeed Retail, for its intuitive product and inventory management systems, built-in CRM and advanced reporting. Lightspeed eCom, the company’s eCommerce platform, is what bridges the gap between the in-store and online shopping experience. The platform was founded on the principle that marketing should be the primary concern of online merchants, rather than the technical maintenance of their website. Those who use Lightspeed eCom benefit from a platform that is flexible, scalable, ready to use within minutes and that comes with a built-in suite of marketing tools that help drive site traffic and sales. By combining Lightspeed eCom with Lightspeed Retail, retailers can provide their customers with omnichannel: a seamless shopping experience, whether they want to browse or buy in-store or online.

Busbud

Series A in 2014
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.

Crew

Seed Round in 2014
Crew is a curated platform that connects designers and developers with vetted clients that need a website, mobile app, or other design work. The company's highly trusted network of independent creatives has worked on products used by tens of millions of people for some of the industry's biggest companies, including Apple, Google, Uber, IDEO, and Dropbox. It was founded in 2012 and headquartered in Montréal, Quebec.

Beyond the Rack

Series C in 2013
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

Seed Round in 2013
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.

Crowdbase

Seed Round in 2012
We help people learn and discover new things. In a world where employees are more transient than ever, it is increasingly critical for businesses’ long-term survival to attempt to retain people’s knowledge and ensure it is readily accessible in one central “team brain”. Crowdbase allows teams to easily share questions, answers, notes, and links in a private social network, and then intelligently structures that data into relevant topics and pages to facilitate knowledge transfer and learning.

Lightspeed POS

Series A in 2012
Lightspeed believes that commerce belongs to everyone. It belongs to the entrepreneurs who realize their dreams of starting a business, the storefronts and restaurants that project new perspectives onto city streets and the communities that are shaped by those businesses. Providing restaurateurs and retailers with the simplest way to run their businesses at full potential, Lightspeed helps entrepreneurs offer their customers positive and memorable experiences by taking care of the day-to-day management aspect of their business. More than 36,000 businesses processing over $13 billion in annual transactions use Lightspeed’s restaurant POS software and omnichannel retail solution to manage inventory, customer preferences, sales and reporting — all from one centralized platform. Believing that with the right technology, restaurateurs can better serve their customers and keep them coming back for seconds, Lightspeed has created an all-in-one point of sale, table management and analytics platform for restaurants and bars of all sizes. The company also offers end-to-end commerce solutions that help retailers build, manage and grow their businesses. Successful retailers around the world have chosen Lightspeed’s retail POS software, Lightspeed Retail, for its intuitive product and inventory management systems, built-in CRM and advanced reporting. Lightspeed eCom, the company’s eCommerce platform, is what bridges the gap between the in-store and online shopping experience. The platform was founded on the principle that marketing should be the primary concern of online merchants, rather than the technical maintenance of their website. Those who use Lightspeed eCom benefit from a platform that is flexible, scalable, ready to use within minutes and that comes with a built-in suite of marketing tools that help drive site traffic and sales. By combining Lightspeed eCom with Lightspeed Retail, retailers can provide their customers with omnichannel: a seamless shopping experience, whether they want to browse or buy in-store or online.

Beyond the Rack

Series B in 2011
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.

Gamerizon Studio

Venture Round in 2011
Gamerizon Studio Inc. develops mobile and casual games. The company was founded in 2008 and is based in Montreal, Canada.

Woozworld

Series B in 2011
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

Series A in 2010
[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

Series A in 2010
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

Seed Round in 2009
[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.

Allostera Pharma

Series A in 2009
Allostera Pharma is a preclinical-stage biopharmaceutical company focused on autoimmune diseases such as psoriatic arthritis, gout and type II diabetes.

Airborne Mobile

Series A in 2009
Airborne Mobile publishes mobile entertainment content and applications including games, images, ringtones, ringbacktones and informational content. It publishes on all the major phone carriers as well as a variety of independents. They were acquired in 2005 by [Cybird](http://www.crunchbase.com/organization/cybird), however in July 2008 they orchestrated a management buy-out to regain the company from Cybird.

Standout Jobs

Series A in 2008
Standout Jobs provides a [Recruitment Communication Platform] (http://www.standoutjobs.com), to power companies' online recruiting efforts. The core is a do-it-yourself, interactive Career Site that helps engage and attract candidates, and build on-going relationships with them. As well, the Standout Jobs platform provides a candidate tracking tool, easier job marketing and candidate sourcing functionality.

Nanoledge

Venture Round in 2008
NANOLEDGE Inc. provides nano-based and green-based epoxy resin systems and films for users of specialty epoxy systems. Its solutions are used in sporting goods, renovation/civil engineering, oil and gas, tool manufacturing, transportation, aerospace, and wind energy applications.

Sixtron Enterprises Inc.

Series A in 2007
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.

Metafoam Technologies

Series A in 2007
Metafoam Technologies Inc. engages in the development, production, and commercialization

DFT Microsystems

Venture Round in 2006
DFT Microsystems delivers high throughput, comprehensive test solutions for a broad range of high-speed semiconductor device interfaces. The company's products dramatically reduce test costs and accelerate time-to-volume by leveraging DFT Microsystems' revolutionary signal processing algorithms and highly-integrated implementation technology. The company is positioned to become a leading supplier of compact high-speed serial test solutions for customers spanning the microelectronic device, board, and system industries.

Mimetogen Pharmaceuticals

Venture Round in 2005
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.

Sixtron Enterprises Inc.

Seed Round in 2004
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.